Economy News ( English version)

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  • Cotton sowing picks up in July as monsoon revives, still below last year July 9, 2026
    Cotton sowing has accelerated in July as the southwest monsoon strengthens across India. Acreage has narrowed the gap compared to last year after initial delays. Improved rains in states like Maharashtra and Gujarat are encouraging farmers to plant cotton. Some farmers are shifting from paddy to cotton due to better price prospects. Overall kharif sowing is […]
  • Soybean sowing gains pace, acreage seen surpassing last year July 9, 2026
    Soybean sowing has accelerated across key Indian states after a monsoon delay. Nearly ninety percent of targeted areas in Madhya Pradesh and Rajasthan are covered. Maharashtra has completed eighty to ninety percent of its soybean planting. The Soybean Processors Association of India expects total acreage to exceed last year. Favorable rainfall will determine […]
  • El Nino emerges as key risk to FMCG demand, weak monsoon could weigh on rural consumption July 9, 2026
    India's FMCG sector faces headwinds as El Nino threatens a weaker monsoon. A deficient monsoon could hurt agricultural output and weaken rural sentiment. This situation may lead to higher food inflation and reduced household discretionary spending. Farm incomes could be impacted, weighing further on rural consumption. The full impact of a deficient mons […]
  • Hormuz & Iran war can slow India down but not hold it back July 9, 2026
    Despite the Iran war, Strait of Hormuz risks and elevated crude oil prices, the IMF expects India to remain one of the world's fastest-growing major economies. Strong consumer spending, booming automobile sales, rising FMCG demand, resilient services and robust domestic consumption are helping shield India's economy from global shocks and trade unc […]
  • India-New Zealand FTA to make 57% of NZ exports tariff-free from day 1, Kiwi PM says July 9, 2026
    New Zealand's Prime Minister Christopher Luxon announced a significant trade deal with India. Fifty-seven percent of New Zealand's exports will enter India tariff-free immediately. Prime Minister Narendra Modi will visit New Zealand from July 10-11. This agreement expands access for New Zealand businesses to India's large economy. Discussions […]

 

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