Economy News ( English version)

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  • India-EU trade pact to be signed by Dec; implemented from Feb-Mar next year: Goyal June 21, 2026
    India is set to sign a free trade agreement with the European Union by December, with implementation expected by February-March next year. This pact promises near duty-free access for about 93% of Indian exports to the EU market. Discussions are also progressing with the US and Canada for similar trade deals, highlighting India's growing global trade si […]
  • Exports rise 15 per cent in Apr-Jun 14 despite global uncertainties, says Piyush Goyal June 21, 2026
    India's merchandise exports surged approximately 15% in April-June, defying global economic headwinds, according to Commerce Minister Piyush Goyal. He highlighted robust growth despite significant US tariffs, with May exports reaching a six-month high. Goyal also urged chartered accountants to contribute to a 'Viksit Bharat,' emphasizing local […]
  • RBI expected to hold repo at 5.25% as uncertainty eases, will watch food and fuel pass-through: BofA Securities June 21, 2026
    The Reserve Bank of India is expected to maintain its wait-and-watch stance and keep the repo rate at 5.25 per cent in coming meetings as the US-Iran peace agreement reduces geopolitical uncertainty, while it monitors food and fuel price pass-through before acting, BofA Securities said in a note on the June MPC minutes.
  • Weak start to monsoon seen clouding Kharif season outlook: Report June 21, 2026
    India's monsoon has begun with a significant rainfall deficit, impacting kharif sowing, particularly for pulses and cotton. While reservoir levels offer a buffer, a prolonged dry spell could raise food prices and strain rural economies. Experts emphasize close monitoring, as the July-August period will be crucial for crop prospects and overall economic […]
  • India on track for $1 trillion exports in FY27: Piyush Goyal June 21, 2026
    India is poised to hit its ambitious $1 trillion export goal by FY27, despite ongoing West Asia challenges, according to Commerce Minister Piyush Goyal. He expressed strong confidence, citing progress and the impact of free trade agreements and improved business ease. Discussions with the US on a trade pact are finalized, awaiting India's tariff advanta […]

 

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