Economy News ( English version)

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  • Lok Sabha passes Taxation and Other Laws (Amendment) Bill to boost foreign investment, electronics manufacturing August 6, 2026
    The Lok Sabha passed a bill to attract foreign investment and promote domestic manufacturing. This legislation aims to provide greater tax certainty for businesses operating in India. It simplifies tax frameworks for offshore investment funds and fund managers. The bill also extends tax exemptions for electronics manufacturing and diamond trade.
  • When is your home loan EMI increasing? RBI rate hike calls pushed back after dovish pause August 6, 2026
    Economists now anticipate the Reserve Bank of India will raise rates in December or later. This shift occurs as core inflation remains low, contrary to earlier expectations. The central bank maintained its current rates and lowered inflation forecasts for this fiscal year. Overnight indexed swap rates also signal fewer rate hikes over the next twelve months. […]
  • India's big billion-dollar trade deals are done. Now comes the real test August 6, 2026
    India has spent years negotiating free trade agreements with some of the world's biggest economies. But signing the deals was only half the battle. The bigger challenge now is helping Indian businesses turn preferential market access into exports, investments, manufacturing growth and global competitiveness.
  • India-Sri Lanka focus on infrastructure projects; updating FTA to boost Comprehensive Partnership August 6, 2026
    Foreign Secretary Vikram Misri met Sri Lankan leaders to review bilateral cooperation and projects. Agreements were finalized on social security and Indian Rupee-denominated credit lines for infrastructure. Discussions advanced updating the Free Trade Agreement and energy project implementation. Progress was noted on housing and disaster warning systems for […]
  • India’s new 15-year tax break could unlock global rough diamond trade August 6, 2026
    India is closer to becoming a global rough diamond hub. A new tax exemption will attract foreign companies to trade rough diamonds. This measure offers a 15-year income tax holiday for eligible firms. It aims to boost trading activity within India's Special Notified Zones. The government's move is expected to enhance India's diamond industry c […]

 

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