Economy News ( English version)

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  • Gratuity, leave encashment not part of CIRP cost: NCLAT July 20, 2026
    The NCLAT dismissed an appeal regarding priority payment of gratuity dues. It upheld an earlier NCLT order concerning Duncans Industries' former director. Such dues must be settled according to the company's approved resolution plan. Gratuity is a terminal benefit, not an insolvency resolution process cost. The appellate tribunal found the appeal m […]
  • Seven poll-bound states including UP, Gujarat, Punjab on road to get 25% of NHs July 20, 2026
    Nearly a quarter of national highways will be built in seven states facing elections. These states will also receive almost twenty percent of total projects awarded this year. Highway projects signal development pace and priority approvals are expected soon. The ministry has set targets for awarding and constructing national highways this fiscal year. This f […]
  • NaBFID gets nod to raise ₹20,000 cr via Zero-coupon bonds July 20, 2026
    NaBFID will issue zero-coupon bonds valued at twenty thousand crore rupees. This move supports the institution's long-term capital mobilization for infrastructure projects. Investors will receive the full redemption amount after a ten-year maturity period. The Central Board of Direct Taxes approved the necessary tax framework for this issuance. NaBFID c […]
  • Iron ore, cement, power output propels June core growth to 5% July 20, 2026
    India's core sector output grew five percent year-on-year in June. This growth accelerated from May's 3.2 percent, reaching a five-month high. Iron ore production surged significantly, while cement and electricity also showed sustained growth. Crude oil and natural gas output remained under pressure during the month. Fertiliser production also cont […]
  • UK trade deal: Applications invited for car import quota July 20, 2026
    India has opened the application process for 2026 import quotas under the India-UK CETA. This significant trade agreement facilitates reduced customs duties on vehicles imported from the UK, lowering tariffs from approximately 110% to just 10%.

 

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