Economy
US Senate vote revives tariff threat to India over Russian oil imports
A US Senate bill allowing tariffs of up to 100 per cent on major buyers of Russian energy has renewed the threat to Indian exports, though House approval is still required
 "US Senate vote revives tariff threat to India over Russian oil imports")
MSMED Bill promises faster payments, easier resolution for small firms
The MSMED Amendment Bill seeks faster payments, online dispute resolution and easier recovery of dues, but industry bodies flag concerns over TReDS access and implementation
 "MSMED Bill promises faster payments, easier resolution for small firms")
US Senate Russia sanctions vote threatens Indian crude supplies: Kpler
US Senate o Friday passed Russia sanctions bill giving Trump power to impose 100% tariffs on major buyers of Russian oil and gas
 "US Senate Russia sanctions vote threatens Indian crude supplies: Kpler")
GOBARdhan Scheme can help reduce gas imports by $5 billion, says IBA
According to IBA, the recently approved GOBARdhan with a financial outlay of ₹23,731 crore, should be viewed as a strategic national investment rather than a public expenditure
 "GOBARdhan Scheme can help reduce gas imports by $5 billion, says IBA")
Limitless potential between US, India goes through Karnataka: Sergio Gor
US envoy Sergio Gor highlights growing American investments in Karnataka and cooperation with India in AI, defence, pharma, energy and critical supply chains
 "Limitless potential between US, India goes through Karnataka: Sergio Gor")
Canada's PSP Investments explores $1.5 billion sale of roads in India
The pension fund is working with an adviser on a potential divestment of assets held through its global roads platform Roadis
 "Canada's PSP Investments explores $1.5 billion sale of roads in India")
US Senate clears Russia sanctions bill with 100% tariffs on India, China
The Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 allows Donald Trump to impose 100 per cent tariffs on goods from countries among the top five buyers of Russian oil and gas
 "US Senate clears Russia sanctions bill with 100% tariffs on India, China")
Govt reviewing bilateral investment treaty model to make BITs accommodating
The proposed overhaul seeks to make India's investment treaty regime more investor-friendly while retaining sovereign safeguards and advancing negotiations with key partners
 "Govt reviewing bilateral investment treaty model to make BITs accommodating")
Higher gas prices make Veg thali costlier by 4%, non-veg by 9% in July
A home-cooked vegetarian thali cost 4% more in July, while a non-vegetarian meal rose 9% as higher onion, oil, LPG and chicken prices pushed up food costs
 "Higher gas prices make Veg thali costlier by 4%, non-veg by 9% in July")
Forex reserves surge $10.5 bn, highest weekly gain in over six months
Foreign currency assets increased by $8.75 billion and gold reserves rose by $1.69 billion during the week ended July 31, driving the sharp increase in total reserves
 "Forex reserves surge $10.5 bn, highest weekly gain in over six months")
Odisha secures ₹43,437 crore food-processing investment commitments
The state signed 27 MoUs involving proposed investments of Rs 41,748 crore and received 12 additional investment intents worth Rs 1,689 crore at the New Delhi summit
 "Odisha secures ₹43,437 crore food-processing investment commitments")
India not in favour of separate BRICS currency: Commerce Min Goyal
India opposes any proposal for a BRICS currency, Commerce Minister Piyush Goyal said, as member states discuss boosting trade, investment and MSME financing
 "India not in favour of separate BRICS currency: Commerce Min Goyal")
India's 43 mn rural enterprises can lift jobs, incomes with support: Report
The report also finds that hired-worker enterprises are more likely to have owners with higher educational attainment and access to formal bank accounts and computers.
 "India's 43 mn rural enterprises can lift jobs, incomes with support: Report")
WB to link industrial incentives with job creation: Industries Min. Roy
West Bengal plans to link industrial incentives to jobs created rather than investment, with a new policy and a Rs 5,000-crore incentive programme expected this month
 "WB to link industrial incentives with job creation: Industries Min. Roy")
Private sector investment moving at steady pace: Eco Affairs Secy
Private investment is rising steadily as higher public capex crowds in private capital, Economic Affairs Secretary Anuradha Thakur said, while calling for greater financing and innovation
 "Private sector investment moving at steady pace: Eco Affairs Secy")
India's July consumer inflation likely edged higher on food prices: Poll
Uneven rainfall across the country this year has hampered agricultural output, driving food costs higher
 "India's July consumer inflation likely edged higher on food prices: Poll")
House panel on fertiliser calls for plan to ward off West Asia-like crisis
Says current DBT framework needs a relook; comes down heavily on bundling
 "House panel on fertiliser calls for plan to ward off West Asia-like crisis")
1991 reforms were born of compulsion, not choice: FM Nirmala Sitharaman
Adds economy became top of agenda only circa 2000
 "1991 reforms were born of compulsion, not choice: FM Nirmala Sitharaman")
No dedicated audit of workplace creche provision: Labour Ministry
The Centre told Parliament it has not conducted a dedicated audit of mandatory workplace creche provisions and does not maintain data on compliance by establishments
 "No dedicated audit of workplace creche provision: Labour Ministry")
'India began drug discovery before China, but China has moved years ahead'
India's pharma industry must pivot from global leadership in generics to innovation, backed by stronger policy, R&D funding and regulatory reforms, says Satish Reddy
 "'India began drug discovery before China, but China has moved years ahead'")