Economy News ( English version)

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  • El Niño clouds loom over kharif crops, farm pay June 9, 2026
    A developing El Niño event thousands of miles away poses a significant threat to India's agriculture. This weather phenomenon is linked to weaker monsoon rains and higher temperatures. Experts predict a potential decline in kharif crop production, impacting oilseeds and pulses. This could lead to rising inflation and reduced earnings for farmers across […]
  • FM Sitharaman discusses ways to boost growth with Bengal CM June 8, 2026
    The meeting, coming just over a month after the BJP stormed to power in West Bengal for the first time, also dwelt on improving the credit availability across various sectors in the state and bolstering the implementation of central government schemes there, the finance ministry said in a statement.
  • Phase 1 of India-US trade pact hinges on Section 301 probe, official says June 8, 2026
    India and the US are set to finalize the first phase of their trade agreement soon. This move is contingent on the conclusion of ongoing Section 301 investigations by the US. Meanwhile, discussions with the UK on their free trade agreement are advancing well. Outstanding issues, including Britain's steel safeguard measure, are being addressed.
  • What's brewing? FinMin seeks gold lending info from banks June 8, 2026
    In a communique to banks on Friday evening, the Department of Financial Services sought data on value and quantity of gold metal loans (GMLs), number of customers, international gold suppliers as well as portfolio size, quantum of collateral and numbers of borrowers, two persons told ET.
  • EU clears continued imports of Indian aquaculture goods June 8, 2026
    India will continue exporting key products like fish and honey to the European Union. New EU regulations, effective September, allow these exports. This is a significant development for India's fisheries sector, with exports to the EU valued at $1.59 billion. India has worked to meet these enhanced requirements, ensuring continued market access.

 

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