Economy News ( English version)

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  • 2 lakh micro food processing enterprises covered under credit-linked subsidy scheme 'PMFME': Govt July 11, 2026
    With over two lakh micro food processing ventures benefiting from credit-linked subsidies through the PMFME scheme, this program has facilitated over twenty thousand crore rupees in investments. It has led to around eleven lakh employment opportunities, highlighting a strong trend of first-generation entrepreneurs, with women representing forty-four percent […]
  • Inadequate, insufficient evidence on forced labour 301 probe: India tells US July 11, 2026
    India has informed the US that its tariff determination lacks sufficient rationale. New Delhi argues the US Trade Representative's report unfairly groups many economies. India insists there is inadequate evidence of unfair competitive advantage. The nation advocates for resolving trade issues through bilateral negotiations. India remains willing to enga […]
  • Over 1.7 cr ITRs filed for AY 2026-27: I-T deptt July 11, 2026
    More than 1.7 crore income tax returns have been filed for the 2025-26 fiscal year. Over ten lakh returns were submitted on Friday alone by taxpayers. The deadline for filing ITRs 1 and 2 is July thirty-first. ITR Form 1 is for individuals with income up to fifty lakh rupees. ITR-2 is for individuals and HUFs with capital gains income.
  • India lays groundwork for a big business boost along the coasts July 11, 2026
    India is setting up dedicated Marine Export Zones to create an integrated seafood ecosystem. These zones will combine farming, processing and logistics with an aim to give India a big exports boost. The target is to raise India's seafood export potential and create a large number jobs.
  • Global shocks may hit quarterly growth, but India's long-term outlook remains strong: PwC's Rara July 11, 2026
    India's economic growth trajectory remains strong despite temporary global shocks. Experts project sustained growth between 6.5 and 7 percent over time. The country is simplifying financial system access through digital Know Your Customer initiatives. Businesses seek reduced compliance burdens and an enabling investment environment. These factors will h […]

 

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