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The Union Cabinet on July 15 approved Semicon 2.0 with a total budget outlay of ₹1,27,500 crore to strengthen India's semiconductor design and manufacturing ecosystem....

India’s Labour Market Stable in June as Jobless Rate Holds at 5.5%

India's overall labour market remained broadly stable in June 2026, with the Labour Force Participation Rate (LFPR), Worker Population Ratio (WPR) and Unemployment Rate (UR)...

Cabinet Approves Rs 62,500 Crore Mobile Phone Manufacturing Scheme

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Mobile Phone Manufacturing Scheme (MPMS) with a budgetary outlay of ₹62,500 crore. The...

India Bans Imports of Goods Made Using Forced Labour Under FTP

India has moved to prohibit the import of goods produced using forced labour by amending the Foreign Trade Policy (FTP) 2023. The Directorate General of...

US Launches Fresh Strikes on Iran as Trump Escalates Warning

The U.S. Central Command (CENTCOM) said it completed an additional round of strikes against Iran at 10 p.m. ET on July 14, targeting dozens of...

Trump Announces Iran Port Blockade, Drops Planned 20% Transit Fee

U.S. President Donald Trump said he has decided to replace a planned 20% transit fee with trade and investment agreements involving Gulf states, while announcing...

MoSPI Launches First Services Production Index, 14 Sectors Grow Strong

The Ministry of Statistics and Programme Implementation (MoSPI) on Tuesday released the first trial edition of the sub-sectoral Index of Services Production (ISP) with the...

India, Maldives Make Major Progress in First Round of FTA Talks

India and the Maldives have successfully concluded the first round of negotiations for the proposed India–Maldives Free Trade Agreement (FTA), marking a key step in...

India WPI Inflation Climbs to 9.87% in June, Beats Estimates

India's wholesale price inflation accelerated to 9.87% year-on-year (YoY) in June 2026, up from the revised 9.68% in May 2026, according to provisional data released...

Delhi Power Bills Rise Again as DERC Clears Fresh FPPAS Surcharge

The Delhi Electricity Regulatory Commission (DERC) has allowed electricity distribution companies in the national capital to levy an additional Fuel and Power Purchase Adjustment Surcharge...

South Korea Sees Record $110B Foreign Outflows as Retail Steps In

South Korea's equity market has seen record foreign investor outflows this year, with overseas investors withdrawing roughly $110 billion year-to-date as they reduced exposure following...

US-Iran Conflict Escalates as Fresh Strikes Trigger Oil Price Surge

The United States and Iran exchanged fresh military strikes on July 14, further escalating tensions across the Middle East and around the Strait of Hormuz....

Trump Seeks Reimbursement, Orders Fresh Iran Strike, Tightens Blockade

US President Donald Trump said the United States should be reimbursed for protecting what he described as a very rich region, including Israel, Saudi Arabia,...

MeitY Launches NIDAR 2.0 With Rs 65 Lakh Prize Pool for Students

The Ministry of Electronics and Information Technology (MeitY) and the Drone Federation India (DFI) have launched NIDAR 2.0 for 2026-27 under the SwaYaan initiative. The...

Sitharaman Urges Banks to Boost NRI Deposit Mobilisation

July 13, 2026July 14, 2026

India's Union Finance Minister Nirmala Sitharaman on Monday reviewed the progress of the Reserve Bank of India's FCNR(B) deposits, External Commercial Borrowings (ECBs) and Overseas...

India’s Retail Inflation Rises to 4.38% in June, Food Inflation Hits 5.32%

India's retail inflation accelerated to 4.38% in June 2026 from 3.93% in May, according to provisional data released by the Ministry of Statistics and Programme...

India’s Exports Rise, But Faster Import Growth Widens Deficit

India's exports continued to grow in June 2026, with total exports of merchandise and services estimated at US$73.45 billion, up 9.48% from June 2025. Total...

Goldman Sachs Turns Bullish as FII Inflows Boost India Market Outlook

Foreign investors stepped up buying in Indian equities, with global funds purchasing $1.3 billion worth of shares during the four trading days to July 9,...

US Launches Fresh Iran Strikes as Strait of Hormuz Tensions Escalate