Economy News ( English version)

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  • India-Seychelles conclude umbrella line of credit agreement worth Rs 1250 crore June 29, 2026
    India and Seychelles have solidified their partnership with a Rs. 1250 crore line of credit for development projects and an extradition treaty to combat crime. The nations also agreed to integrate India's UPI payment system and explore outer space cooperation. Seychelles requested Indian aid for AI, cybersecurity centers, and a helicopter, which India p […]
  • AI investment boom may fuel financial risks: BIS June 28, 2026
    The Bank for International Settlements (BIS) has cautioned about the financial dangers linked to the rapid growth of AI, pointing to issues of overinvestment and high valuations. There’s a growing worry that advanced AI models could increase cyber threats, calling for stronger collaborations.
  • Plan afoot to create index for unincorporated enterprises June 28, 2026
    The index, proposed by the ministry of statistics and programme implementation (MoSPI), will provide insights into the health of the large yet often difficult-to-measure informal sector.
  • Easing of West Asia conflict reduces downside risk to 6.6% growth forecast: Ram Singh, Director, Delhi School of Economics June 28, 2026
    Any moderation in El Nino effects and resolution of geopolitical uncertainty will further reduce the downside risks to growth. Operationalising the FTAs signed with 37 countries will boost exports and FDI, and thus growthRam Singh, Director, Delhi School of Economics
  • Seed stocks adequate, but last-mile delivery remains critical: FSII June 28, 2026
    Indian seed companies are holding substantial surplus stock for the upcoming kharif season, aiming to mitigate potential losses from a weak and delayed monsoon due to El Nino. Despite robust production, timely distribution to rain-deficient regions remains a critical challenge. Farmers in vulnerable areas are urged to consider short-duration, climate-resilie […]

 

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