Economy News ( English version)

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  • Trade all at sea: Freight rattled by delays, ship shortages and port congestion as West Asia conflict flares up again July 21, 2026
    Renewed conflict in West Asia is significantly disrupting India's exports, with exporters facing container shortages and limited vessel availability. Sea freight rates have surged sharply, doubling or even tripling on several routes. Congestion at key Indian ports, including Mundra and JNPT, has further worsened shipping delays. The disruption has incre […]
  • Fertiliser vessels stuck at ports, raise supply fears for peak kharif sowing July 21, 2026
    Fertiliser vessels are stranded at Indian ports, hindering crop nutrient supplies. Sowing has accelerated after rainfall revival, increasing demand for timely distribution. Port congestion and supply chain issues are delaying crucial fertiliser dispatches. West Asia crisis and rerouting of vessels contribute to these significant delays. Industry executives e […]
  • Fertiliser vessels stuck at ports, raise supply fears for peak kharif sowing July 21, 2026
    Fertiliser vessels are stranded at Indian ports, hindering crop nutrient dispatch. This congestion raises concerns over timely supplies during the peak kharif sowing season. Port congestion and supply chain disruptions are slowing cargo movement significantly. Rainfall revival has accelerated kharif sowing, increasing the need for timely fertiliser. Inland l […]
  • 'Redevelopment agreement not a property receipt, so not taxable': ITAT July 21, 2026
    Mumbai ITAT ruled agreement registration does not mean property receipt. Tax cannot be levied on future property rights under anti-abuse provisions. The tribunal allowed a taxpayer's appeal against a ₹1.38 crore tax addition. Registration creates contractual rights, not actual property possession or receipt. This decision clarifies tax treatment for ong […]
  • House panel seeks periodic review of competition law framework, cites repeated violations of rules July 21, 2026
    A parliamentary panel recommended reviewing competition law for the digital sector. It called for vigorous enforcement of monetary penalty guidelines by the CCI. The panel also stressed a transparent methodology for calculating penalty amounts. Adequate protection for small businesses from monopolies was also suggested. Enhanced cooperation between the CCI a […]

 

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