Economy News ( English version)

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  • India to ban imports of goods made using forced labour; DGFT notifies new trade rules July 14, 2026
    India has amended its Foreign Trade Policy to ban goods produced using forced labour. The Directorate General of Foreign Trade will conduct inquiries into such production practices. New rules prohibit imports of goods manufactured wholly or partly through forced labour. These provisions align India's trade policy with International Labour Organization d […]
  • India's net direct tax collections rise 16.4% to Rs 6.51 lakh crore as of July 13 July 14, 2026
    Net direct tax collections have increased sixteen point four percent year-on-year. Gross direct tax collections also saw a sixteen point one percent rise. Corporate tax collections, after refunds, grew significantly from last year. Non-corporate tax collections and securities transaction tax also climbed. These figures reflect strong tax performance up to Ju […]
  • Citi, others dial back India rate hike calls as inflation expected to stay moderate July 14, 2026
    Controlled inflation prompts economists to delay interest rate hike expectations. Retail inflation rose to 4.38% in June, exceeding the RBI's target. Core inflation remained around 4%, suggesting a lower annual average. This shift means the Reserve Bank of India may not tighten policy soon. Future rate hikes depend on sustained core inflation above 4.5% […]
  • Retail inflation may harden in FY27, RBI could hike rates: Crisil July 14, 2026
    Retail inflation in India is projected to increase through the fiscal year. Elevated fuel costs and input prices are driving this upward trend. The Reserve Bank of India will monitor inflation closely for policy adjustments. Food prices face pressure from weather-related risks and higher costs. A potential rate hike is possible if inflationary pressures pers […]
  • Export diversification fuels textile sector resilience; India ready to compete globally: Giriraj Singh July 14, 2026
    India's textile sector exports from 550 districts, showing resilience amid global uncertainty. The government's export diversification strategy targets 40 key nations for sustained growth. Bharat Tex 2026 event attracts buyers and investors from 130 countries worldwide. India aims for a USD 350 billion textile market by 2030, with USD 100 billion e […]

 

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