Economy News ( English version)

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  • Piyush Goyal to visit London before India-UK CETA comes into force June 24, 2026
    Commerce Minister Piyush Goyal's UK visit from June 25-27 aims to finalize preparations for the India-UK CETA and DCC, set to launch July 15. Discussions with UK officials will focus on operationalizing these agreements, boosting market access for Indian exports, and easing worker mobility.
  • Service output index to debut next month with FY25 base June 24, 2026
    India is set to launch the Index of Service Production (ISP) next month, a crucial new monthly indicator mirroring the Industrial Production Index. This initiative aims to precisely track the growth of the vital services sector, which forms the backbone of the Indian economy. The index will initially cover key areas like trade, transport, and finance, with h […]
  • RBI's Malhotra says rate hike talk is premature, stays in wait-and-watch mode June 24, 2026
    Reserve Bank Governor Sanjay Malhotra stated that a rate hike is premature, emphasizing the central bank's cautious, data-dependent approach. While acknowledging moderating risks from West Asia and falling crude prices, the RBI remains vigilant about potential inflation pressures and second-round effects. The focus is on monitoring fuel price impacts an […]
  • Russia and India working on increasing bilateral trade volumes: Kremlin spokesman June 24, 2026
    Russia and India are actively boosting bilateral trade, aiming for a $100 billion target by 2030, up from the current $60 billion. Kremlin spokesman Dmitry Peskov highlighted the "notably privileged partnership" and steady uptrend in economic relations. He praised India as a populous, fast-growing economy with immense potential, underscoring the sh […]
  • NHAI intensifies drive against illegal highway parking June 24, 2026
    The National Highways Authority of India is intensifying efforts to clear illegal parking and roadside encroachments on national highways, identified as major safety hazards. Focusing on 595 critical spots nationwide, NHAI is collaborating with state authorities to remove these obstructions. Additionally, the authority is ensuring all traffic management syst […]

 

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