Economy

Costlier basket: WPI inflation hits a series-high at 9.9% in June

Wholesale inflation rose to a fresh record in June as food and primary article prices accelerated, outweighing a moderation in fuel and power inflation

India prohibits import of goods produced using forced labour amid US probe

India has prohibited imports of goods made using forced labour, issuing its first such notification as the US considers tariffs under a Section 301 investigation

Ficci launches Family Office Forum to unlock $30 billion for startups

The industry body aims to connect family offices with India's startup ecosystem through a dedicated platform for deal flow, co-investment and policy engagement

Hospitality leads as MoSPI unveils India's first services production index

India's first trial Index of Services Production covers 19 sectors accounting for nearly 60 per cent of services output, with accommodation and food services leading April growth

Bonn lights the fire for COP 31? Antalya summit faces the real climate test

Climate science was another bone of contention At Bonn with some nations denouncing attacks on it by "fossil-fuel interests"

The 'Indian Common Market': Rethinking growth beyond one India

India's next phase of consumption growth will be driven by treating large state economies as distinct markets, each requiring its own products, distribution strategy and consumer insight

India's duty-free steel exports to UK likely to be around $1 bn annually

A higher tariff-rate quota secured under the India-UK trade pact is expected to lift India's annual duty-free steel exports to the UK to around $1 billion

Affordable childcare can unlock India's female workforce: UNDP India chief

UNDP India chief Angela Lusigi says reducing women's unpaid care burden through affordable childcare is key to boosting workforce participation and improving access to skilling

India, UK engaged in discussions on carbon tax issue: Commerce Secy

India and the UK are discussing Britain's upcoming carbon border tax as exporters seek clarity on its impact on steel and other carbon-intensive shipments

Centre enacts series of reforms to keep food subsidy bill in check

Changes to AAY entitlements, digital food vouchers, procurement systems and PDS reforms signal a broader effort to improve targeting, reduce leakages and contain food subsidy costs

Centre's net direct tax revenue rises 16.4% to ₹6.51 trn so far this year

Net direct tax collections rose 16.4% to ₹6.51 trillion by July 13, led by strong corporate tax growth and a sharp jump in securities transaction tax receipts

India, EU textile bodies launch platform to support FTA implementation

The new India-EU Textile and Apparel Dialogue aims to help industry stakeholders support effective implementation of the proposed free trade agreement and strengthen bilateral trade

Govt amends trade policy, bans import of goods produced with forced labour

The Indian government on Tuesday issued a notification to ban the import of goods made using forced labour, aligning with global labour standards

India Inc's ECB, FCCB fundraising intent rises to $4.74 billion in May

Indian companies filed proposals to raise $4.74 billion through ECBs and FCCBs in May 2026 under the automatic route, with IRFC, NTPC and REC among key borrowers

Citi, others retract India rate hike calls as inflation may stay moderate

Cooling core inflation and a lower annual inflation outlook are prompting economists to scale back expectations of RBI rate hikes despite June's retail inflation uptick

India's June vegetable oil imports fall 29% on shrinking palm oil discount

India, the world's biggest importer of edible oils, had bought 16.16 lakh tonne in June 2025

Mining and construction equipment-linked capex to double by 2030: Report

Capital expenditure linked to mining and construction equipment is projected to rise from ₹5.5 trn in 2025, driven by highways, metros, ports, airports and critical mineral projects

India's inflation risks mount on renewed US-Iran tensions, El Nino

June inflation breached the RBI's 4% target for the first time in nearly 18 months, while rising oil prices and weak monsoon rains have added fresh uncertainty to the central bank's policy path

India's wholesale inflation rises to 9.87% in June on high food prices

Food inflation under the Consumer Food Price Index (CFPI) stood at 5.32 per cent while fuel and power inflation remained elevated at 27.41 per cent in June, although it eased from 30.3 per cent in May

CBIC rolls out process to claim duty concessions under India-UK FTA

CBIC has outlined the operational framework for self-certification of origin under the India-UK trade pact, enabling importers to claim preferential tariff benefits from July 15