Economy News ( English version)

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  • Iran war and monsoons key risk for Indian economy, says RBI Governor Sanjay Malhotra July 17, 2026
    RBI Governor Sanjay Malhotra said India’s inflation remains elevated, with rising Middle East tensions and the possibility of a weak monsoon posing key risks. He attributed recent price pressures mainly to supply-side factors and said policymakers should remain in a “wait and watch” mode.
  • US less reliable? India may need to open the door wider to the Dragon July 17, 2026
    US trade uncertainty is prompting fresh calls for India to deepen economic ties with China. PM Modi's economic adviser Rakesh Mohan has urged New Delhi to attract more Chinese investment, rethink RCEP, join CPTPP and strengthen manufacturing, exports and Asian supply chain integration as geopolitical and trade dynamics shift.
  • India to launch headline Index of Services Production within months July 17, 2026
    India plans to launch a headline Index of Services Production (ISP) within the next few months, giving investors the country's first official monthly measure of services output. The statistics ministry has released trial indices for 19 service sub-sectors covering about 60% of the formal services economy.
  • FAI hails Cabinet nod to NIPU-2026, calls it a major boost to fertiliser self-reliance July 17, 2026
    The policy offers investors a secure return and protects them from currency fluctuations. These reforms will enhance financial viability and promote self-reliance in urea.
  • JPMorgan says 100+ MNCs are exploring GIFT City operations July 17, 2026
    GIFT City is drawing strong interest from multinational companies, with JPMorgan saying more than 100 firms are exploring banking and payment solutions for corporate treasury operations. GIFT City's tax incentives, single regulator, foreign currency capabilities and growing banking ecosystem are positioning it as India's global financial hub for mu […]

 

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