Economy News ( English version)

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  • Retail Inflation up to 4.4% on costlier food, transport July 13, 2026
    India's retail inflation reached 4.4% in June, surpassing the central bank's target. Higher food and transport costs drove this increase, marking the highest print under the new CPI series. Food inflation accelerated to 5.3%, crossing the five percent mark for the first time. Core inflation moderated to 3.9%, partly due to falling gold and silver p […]
  • India-UK CETA duty benefits to require CBIC digital authentication July 13, 2026
    India will implement digital authentication for UK exporter origin declarations starting July 15. This new process requires customs to issue a Unique Reference Number before duty benefits are granted. UK exporters must email declarations to designated Indian customs email addresses for verification. Indian customs will authenticate data shared by UK authorit […]
  • India-EU trade deal legal review nearing completion: Piyush Goyal July 13, 2026
    India and the European Union are nearing the end of their trade pact's legal review. This agreement is expected to become operational a few months after the India-UK deal. India's commerce minister noted strong alignment among EU member states on this partnership. He also highlighted significant potential to increase India-Spain bilateral trade and […]
  • US framework trade deal ready, to be inked at the right time: Commerce Secretary Rajesh Agrawal July 13, 2026
    India and the US are progressing well on a proposed trade agreement. The framework deal is ready and will be signed at the right time. Both sides reaffirmed their commitment to a balanced and commercially meaningful agreement. Negotiations are continuing constructively, addressing all aspects of the trade relationship. The trade deal will include pathways fo […]
  • RBI Deputy Guv pushes for meaningful, fair grievance redressal July 13, 2026
    The conference brought together IOs from across a representative spectrum of regulated entities including banks, non-banking financial companies (NBFCs), credit information companies (CICs) and other regulated entities, along with MD, EDs and CEOs charge of customer service, as well as RBI Ombudsmen and senior officials of the Reserve Bank.

 

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