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With a base year of 2024-25, the ISP will be released with a monthly frequency with a lag of about 60 days on the 29th of the month.
Updated : Jun 24, 2026

Now, govt to bring out a monthly Index of Services Production from July 14

On the lines of the IIP, new data set would capture contribution of formal service sector to economy

United States and India are on the verge of concluding a landmark bilateral trade agreement
Updated : Jun 24, 2026

‘Very, very close to historic India-US trade deal,’ says senior official

US Deputy Assistant Secretary of State Bethany Poulos Morrison said negotiations launched after discussions between PM Modi and President Trump had entered their final stages

While LPG remains the primary cooking fuel for many households, CNG and PNG are emerging as more stable and economic alternatives.
Updated : Jun 24, 2026

LPG, CNG, PNG rates on June 24: Check latest prices in Delhi, Mumbai, Chennai, Kolkata, other cities

The fuel rates across the country have remained stable since late May and early June. Check latest rates here

Finished steel imports stood at 0.7 million metric tonnes in May, exceeding the average monthly imports recorded over the previous six months.
Updated : Jun 23, 2026

India to monitor steel imports for two months before deciding on fresh curbs

India will closely track steel imports for the next two months before deciding whether additional measures are needed to curb rising shipments, particularly from China. The review comes despite existing safeguard duties, as the country remained a net importer of finished steel for a second straight month in May.

The survey found that MSMEs are seeing a better GST experience, aided by reforms such as quarterly return filing, recognised by 67% of respondents versus 12% in 2023, and threshold relaxations, cited by 57%.
Updated : Jun 23, 2026

9 years of GST: Negative sentiment drops to near zero, businesses look to GST 2.0 reforms

Deloitte India’s GST@9 survey reveals near universal acceptance, expectations of more reforms under GST 2.0

India’s deficit worries ease as crude prices retreat from recent highs
Updated : Jun 23, 2026

Falling oil prices bring relief to India’s fiscal and current account deficits

Finmin to review macro parameters towards year-end, inflation seen to remain high on base effect, energy price pass-through

Discussions underway to finalise India-US trade deal, says US Ambassador Sergio Gor
Updated : Jun 23, 2026

India-US trade deal in final lap? Top American negotiator in Delhi; Sergio Gor shares update

The latest round of talks comes days after PM Modi and Trump met on the sidelines of the G-7 summit in France

ANZ upgrades India growth forecast to 6.7%
Updated : Jun 23, 2026

ANZ turns bullish on India: Raises FY27 growth forecast, sees rate hikes in August

India's economy expanded 7.8 per cent in the March quarter and grew 7.7 per cent in FY26. ANZ expects growth to rise further to 6.9 per cent in FY28

After the June 5 policy review, when the MPC left the repo rate unchanged at 5.25%, most economists had expected the panel to begin raising rates in October-December.
Updated : Jun 23, 2026

Will RBI keep repo rate steady despite interim US-Iran peace deal? What we know

The change in outlook follows a sharp fall in crude oil prices, which had earlier raised inflation concerns.

While LPG remains the primary cooking fuel for many households, CNG and PNG are emerging as more stable and economic alternatives.
Updated : Jun 23, 2026

LPG, CNG, PNG rates on June 23: Check latest prices in Delhi, Mumbai, Chennai, Kolkata, other cities

The US has issued a 60-day general licence that authorises transactions related to the production, transportation and sale of Iranian crude oil, petroleum products and petrochemicals.

The data points to an increasingly uneven industrial recovery, where sectors tied to infrastructure creation continue to outperform traditional energy industries. 
Updated : Jun 22, 2026

India's core sector growth slows to 0.5% YoY in May as energy output weakens 

The latest data released by the Ministry of Commerce & Industry shows that while steel, cement and electricity continued to register healthy growth, declines in coal, crude oil, natural gas, refinery products and fertilizers weighed heavily on overall performance. 

India's $776-billion question: Why import dependence persists.
Updated : Jun 22, 2026

India wants to make more at home. So why are imports still surging?

Experts highlight most developing countries have higher imports, especially of technology and capital goods but problems arise when financing them become a challenge, domestic capabilities don’t scale up

For India, the evolving geopolitical landscape presents both opportunities and challenges.
Updated : Jun 21, 2026

Can US-China trade tensions boost India's exports? These key sectors remain at risk

As the US-China trade rivalry intensifies, India could emerge as a beneficiary of shifting global supply chains and the China+1 strategy. However, experts warn that rising protectionism and trade fragmentation could pose risks to key export sectors.

A combination of global, economic, and domestic factors shapes fuel prices at the pump.
Updated : Jun 20, 2026

Petrol, diesel prices today, June 20: Check prices in Delhi, Mumbai, Kolkata and other cities

Petrol and diesel rates across India have remained largely stable since May 25, when state-owned oil marketing companies (OMCs) raised petrol prices by ₹2.61 per litre and diesel rates by ₹2.71 per litre. 

While LPG remains the primary cooking fuel for many households, CNG and PNG are emerging as more stable and economic alternatives.
Updated : Jun 20, 2026

LPG, CNG, PNG rates on June 20: Check latest prices in Delhi, Mumbai, Chennai, Kolkata, other cities

Oil tankers have started sailing via Hormuz as the US Navy lifted its blockade on Iranian ports on Thursday.

Retail Markets in India
Updated : Jun 20, 2026

Not Mumbai, not Bengaluru: This tier-2 city has India’s highest consumer spending

The data highlights how consumer spending power, retail infrastructure, and international brand presence vary across states, offering a glimpse into the changing dynamics of India's urban economy.

According to the brokerage, the ceasefire also reflects mounting political pressure on US President Donald Trump, whose approval ratings have weakened significantly.
Updated : Jun 20, 2026

Iran is the biggest winner from US truce push: Jefferies report

Iran has emerged as the biggest beneficiary of the proposed US-Iran ceasefire framework, according to Jefferies, which says the deal could unlock billions of dollars in frozen funds and ease sanctions on Tehran. The brokerage also flagged rising AI exuberance, sticky inflation and growing market concentration as key themes shaping the global investment landscape.

BNP Paribas said lower crude oil prices have improved the outlook, but weather-related disruptions could lift food inflation and complicate the RBI's inflation management.
Updated : Jun 19, 2026

Inflation worries shift from fuel to food as El Niño, weak monsoon emerge as key risks: BNP Paribas

India's inflation worries are increasingly shifting from fuel to food, with BNP Paribas warning that a weak monsoon and a stronger El Niño could push up food prices and keep inflation elevated. The brokerage noted that while lower crude prices have eased fuel-related concerns, weather risks remain a key threat to price stability.

Gross direct tax collections stood at Rs 6,10,050.53 crore as on June 17, 2026, compared with Rs 5,42,478.57 crore in the corresponding period of FY26, registering a growth of 12.46%.
Updated : Jun 18, 2026

Net direct tax collections rise 14.6% to Rs 5.21 lakh crore; advance tax mop-up grows 15.3%

India's net direct tax collections rose 14.6% year-on-year to Rs 5.21 lakh crore as of June 17, 2026, supported by robust growth in corporate and non-corporate tax receipts. Advance tax collections also registered a healthy 15.3% increase, indicating strong income and profitability trends.

The relief will apply to work carried out between May 1 and June 30, 2026, and could be extended if global conditions continue to exert pressure on fuel prices.
Updated : Jun 18, 2026

Diesel price surge: Highway developers to get compensation from centre

The relief will apply to work carried out between May 1 and June 30, 2026, and could be extended if global conditions continue to exert pressure on fuel prices.

Why lower crude prices won't immediately translate into cheaper fuel
Updated : Jun 18, 2026

Crude falls below $80. So why aren't your petrol and diesel prices dropping?

While crude prices have retreated sharply, analysts remain divided on how quickly global oil markets can return to normal

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