Economy News ( English version)

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  • Lower oil prices open door for MPC to time policy normalisation: ICICI Research June 20, 2026
    Falling oil prices and easing geopolitical tensions have improved India's inflation outlook, giving the Monetary Policy Committee room to decide on policy normalization timing. While concerns about food and fuel prices were noted, underlying inflation remains stable. Domestic growth shows resilience, though export and rainfall risks persist. The MPC may […]
  • El Nino Impact: Milk prices likely to go up, again June 19, 2026
    Poor rainfall typically leads farmers to reduce cattle numbers because of shortages of fodder and water, lowering milk output and pushing up prices.
  • Rs 19,700-crore carbon capture scheme gets nod June 19, 2026
    The carbon capture, utilisation and storage (CCUS) scheme is expected to attract investments of about ₹37,500 crore and create carbon-capture capacity of 7 million tonnes a year, they said. The next step is to get the approval of the Union Cabinet.
  • PLI, duty incentives soon for Lithium, Nickel processing units in India June 19, 2026
    The proposed scheme, which is close to securing approvals, will offer production-linked incentives and waive import duties on capital goods needed to establish processing facilities, a senior government official told ET.
  • India’s first export of fresh Uttarakhand Litchi to Italy marks entry into European market June 19, 2026
    Uttarakhand's famed Dehradun litchis have officially entered the European market with the first export consignment reaching Italy. This significant move, facilitated by APEDA, saw one metric tonne of the sweet, aromatic fruit dispatched on June 18, 2026. The initiative promises better returns for local farmers, who are now seeing prices around 25% highe […]

 

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