Economy News ( English version)

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  • India is ready to play in Russia's long game on top of the world July 17, 2026
    India and Russia are enhancing cooperation on the Northern Sea Route project. This Arctic corridor offers India an alternative to the Suez Canal. The route could significantly reduce shipping distances and travel times for goods. Russia seeks to diversify its Asian trade partners beyond China. Both nations are strategically investing in this emerging Arctic […]
  • India has adequate sugar stocks, no basis for speculation: ISMA, NFCSF July 17, 2026
    Indian sugar associations confirm ample domestic stocks and urge against speculative buying. The industry will start the 2026-27 crushing season early to ensure market supplies.
  • EPFO launches Vishwas 2026; scheme to be operational for six months July 17, 2026
    Under VISHWAS, 2026, damages or penalty for defaults pertaining to the period prior to June 14 2024 shall be recalculated at substantially reduced rates, namely 0.25% per month for defaults up to two months, 0.50% per month for defaults from two to less than four months, and 1.00% per month for defaults exceeding four months, the ministry of of labour and em […]
  • Gujarat emerges as top state in Niti Aayog's Investment Friendliness Index for states and UTs July 17, 2026
    Gujarat, Maharashtra, and Tamil Nadu lead NITI Aayog's Investment Friendliness Index. Gujarat secured the top position due to its strong infrastructure and financial health. NITI Aayog released the report on Friday, highlighting key state performances. The investment rate in India currently stands at approximately twenty-five percent. Increased investme […]
  • India's forex reserves rise $964 million to $675.16 billion for week ended July 10 July 17, 2026
    India's foreign exchange reserves increased by $964 million to $675.16 billion. Foreign currency assets, the largest component, grew by $930 million during the week. Gold reserves also recorded an increase, rising by $24 million to $105.23 billion. Special Drawing Rights and reserve tranche position with the IMF saw minor increases. Earlier this year, r […]

 

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