Economy News ( English version)

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  • India will do more to boost inflows: Finance Minister Nirmala Sitharaman June 16, 2026
    India plans further measures to attract foreign capital. Finance Minister Nirmala Sitharaman stated that additional steps will be taken if required to boost capital inflows. These actions follow recent tax relief and banking regulator initiatives aimed at strengthening the Indian market. The government is committed to ensuring the necessary investments enter […]
  • New valuation rules seek fairer outcomes in bankruptcy cases June 15, 2026
    New Delhi: The bankruptcy regulator has issued a circular for standardized valuation of companies under the Insolvency and Bankruptcy Code. This aims for a scientific approach to valuing stressed firms. The guidelines cover documentation, report formats, and valuers' duties. Receivables valuation will now consider credit risk, ageing, and economic facto […]
  • Hormuz may reopen, but fertiliser relief is still months away for India June 15, 2026
    Fertiliser supplies and prices will take months to return to normal. Natural gas and petroleum derivative supplies need to resume. Ammonia prices may stabilize soon. Sulphur prices could remain high longer. Disruptions to shipping lanes have impacted imports. Restarting plants and clearing stranded cargo will take time. India has enough urea for the kharif s […]
  • India, UAE step up efforts to expand re-dirham trade June 15, 2026
    Over 15% of India-UAE trade has been invoiced in local currencies since the rupee-dirham mechanism launched nearly three years ago. Both nations are now intensifying efforts to boost adoption, aiming for faster trade and cost reduction, despite industry-cited structural bottlenecks. Authorities are focusing on onboarding more banks and simplifying procedures […]
  • Goldman Sachs cuts India's 2026 CAD forecast to 1.3% of GDP June 15, 2026
    It expects India to be less vulnerable to higher crude oil prices than in previous years, citing lower oil intensity, improved energy efficiency and greater responsiveness of oil demand to increasing prices.

 

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