Economy
Finance Ministry calls for swift policy response to global realities
In reform push, seeks reinvented approach to actions
 "Finance Ministry calls for swift policy response to global realities")
Power discoms await revival as structural reform delays persist in India
Power discoms posted a Rs 2,701 crore profit in FY25, but heavy subsidy dependence, weak tariffs and persistent operational gaps continue to threaten a durable revival
 "Power discoms await revival as structural reform delays persist in India")
LabourMin to review states' construction worker reforms in August meet
At the Mumbai meeting, states and UTs are expected to present the progress made on these initiatives, share best practices and highlight challenges faced during implementation
 "LabourMin to review states' construction worker reforms in August meet")
Oil prices jump nearly 7% after major airstrikes resume in West Asia
Brent crude surged nearly 7% as renewed West Asia strikes, Strait of Hormuz tensions and falling US crude inventories stoked fears of supply disruptions
 "Oil prices jump nearly 7% after major airstrikes resume in West Asia")
Rupee gains for fourth session, hits nearly 3-week high amid RBI support
Domestic currency settles at 95.65 per dollar as RBI intervention, equity gains and short-covering offset pressure from higher crude oil prices
 "Rupee gains for fourth session, hits nearly 3-week high amid RBI support")
Goods exports rise 15%, FTAs to give further boost, says Piyush Goyal
Commerce minister says export momentum is expected to continue as FTAs take effect, while India remains engaged with the US on the proposed trade pact
 "Goods exports rise 15%, FTAs to give further boost, says Piyush Goyal")
India shifts methanol imports to China amid West Asia conflict: Crisil
Report says supply disruptions and soaring prices prompted India to diversify sourcing away from the Middle East while boosting imports from China
 "India shifts methanol imports to China amid West Asia conflict: Crisil")
Gold loan delinquencies may rise under new RBI repayment norms: Icra
Organised gold loans by banks and NBFCs are expected to cross Rs 30 trillion by March 2028, while lenders adjust to revised RBI repayment and LTV norms
 "Gold loan delinquencies may rise under new RBI repayment norms: Icra")
India must remove investment barriers, ease non-tariff measures: Report
Competere Foundation says reducing investment restrictions and addressing overseas regulatory barriers are key to boosting exports, productivity and long-term growth
 "India must remove investment barriers, ease non-tariff measures: Report")
May ISP: 16 of 19 service sub-sectors grow; accommodation, food lead
Eight sub-sectors recorded double-digit growth, while information and broadcasting, air transport, and postal and courier services contracted year-on-year
 "May ISP: 16 of 19 service sub-sectors grow; accommodation, food lead")
Indian Oil Corp scouts stakes in gas carriers as it plans higher US imports
IOC would be the first Indian refiner seeking ownership of very large gas carriers
 "Indian Oil Corp scouts stakes in gas carriers as it plans higher US imports")
NTPC plans ₹17 trillion investment by 2037 to expand power capacity
The company is targeting 30 GW of nuclear capacity by 2047 as it steps a push into nuclear power, with its eyes set on capacity of about 6 GW by 2037
 "NTPC plans ₹17 trillion investment by 2037 to expand power capacity")
Patchy rains, delayed sowing: How uneven rainfall is affecting farms
Despite recent heavy rainfall, cumulative monsoon deficits remain. Here's why the timing and distribution of rain matter as much as seasonal totals for agriculture
 "Patchy rains, delayed sowing: How uneven rainfall is affecting farms")
The reform booster shot that transformed India into pharmacy of the world
From generics to global leadership, India's pharmaceutical industry has transformed since 1991. Its next challenge is becoming a global hub for breakthrough drug innovation
 "The reform booster shot that transformed India into pharmacy of the world")
ONGC okays $500 million guarantee for MRPL to import oil from Aramco
ONGC approved a $500 million guarantee for MRPL's crude imports from Aramco as India plans to source up to 25% of its 2027 LPG imports from the US
 "ONGC okays $500 million guarantee for MRPL to import oil from Aramco")
Net FDI decline due to increased repatriation by foreign investors: Govt
FDI declined in recent years, from $27.99 billion in FY23 to $6.95 billion in FY26, due to increased repatriation by foreign investors and rising Overseas Direct Investment (ODI) outflows
 "Net FDI decline due to increased repatriation by foreign investors: Govt")
Macro fundamentals of Indian economy remain strong amid global challenges
The domestic financial system remains resilient, underpinned by strong bank and non-bank balance sheets, Minister of State for Finance Pankaj Chaudhary said in a written reply in the Rajya Sabha.
 "Macro fundamentals of Indian economy remain strong amid global challenges")
New urea policy revives self-reliance push, but demand keeps racing ahead
The Centre's new investment policy could attract up to Rs 1 trillion into urea production, but rising demand, subsidy distortions and weak private participation may keep India reliant on imports
 "New urea policy revives self-reliance push, but demand keeps racing ahead")
India's industrial output growth at 23-month high of 7.3% in June
Manufacturing output growth witnessed a sharp uptick during the month, accounting for most of the improvement over May
 "India's industrial output growth at 23-month high of 7.3% in June")
Centre shifts export strategy, aims to give state govts bigger role
Plan comes at a time when WTO urged India to address structural challenges
 "Centre shifts export strategy, aims to give state govts bigger role")