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India remains among fastest-growing major economies despite global uncertainty, says RBI Bulletin

RBI says industrial and services activity stayed resilient through June, while strong trade, stable external sector and improving foreign investment continue to support economic growth.

Iran war could cut global growth by more than half: World Bank’s chief economist Indermit Gill

Prolonged US-Iran conflict could fuel inflation, push up borrowing costs and deepen debt distress across developing economies, says Indermit Gill

Brent crude climbs to $94 as analysts expect oil prices to stay in $90–100 range

Rising US-Iran tensions and tight OPEC+ supply have pushed crude to a five-week high, but experts believe prices are unlikely to sustain a rally beyond $100 without a major supply disruption.

UK inflation cools further to 2.6% in June as transport and food prices ease

Softer price growth in transport and food categories helps push headline inflation lower, while core inflation remains sticky.

India's gem and jewellery exports jump 26.5% in June on stronger global demand

Lower gold prices, healthy overseas demand and rising exports of gold jewellery, diamonds and lab-grown diamonds drive sharp recovery in June

Govt tells aviation watchdog DGCA to fix conflict of interest lapses: Report

India’s civil aviation ministry has reprimanded the DGCA over lapses in handling potential conflicts of interest involving officials’ relatives employed in the aviation sector, Reuters reported

What John Healey's appointment as UK finance minister means for the economy

Markets welcomed John Healey's appointment as UK finance minister, but investors remain focused on how the new government will fund higher spending on defence, housing and cost-of-living relief while maintaining fiscal discipline.

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Jaishankar meets China's Wang Yi, flags trade imbalances & supply chain concerns

External Affairs Minister S Jaishankar met Chinese Foreign Minister Wang Yi in Manila and flagged concerns over fair market access, trade imbalances and supply chain predictability amid efforts to normalise India-China ties

2-year shield, 200% cliff: Trump’s drug tariff roadmap poses a tough challenge for Indian generics

Trump has announced a phased tariff plan for imported generic drugs, keeping tariffs at 0% for two years before imposing a 100% duty in 2028 and 200% thereafter

War or peace, India's global air connectivity remains resilient

Up to 58 countries are connected from India, and 90 airports worldwide are currently connected.

Pakistan seeks $10 billion US currency lifeline after Iran war mediation role: Report

Pakistan has sought a $10 billion currency stabilisation facility from the US to bolster foreign exchange reserves and ease pressure on the rupee after its diplomatic role in Iran war talks, Reuters reported

RBI proposes 10% voting rights threshold to define foreign control, lawyers flag wider compliance impact

The RBI has proposed a 10% voting rights threshold to determine foreign control of Indian entities, prompting lawyers to warn of wider compliance implications for minority investors and cross-border deals

Yen sinks to weakest level since 1986 as oil, US yields lift dollar; Japan intervention fears grow

The Japanese yen fell to its weakest level since 1986 as rising oil prices and US Treasury yields boosted the dollar, raising fears that Tokyo could intervene to support the currency

Japan’s exports jump 19.3% in June, extend growth streak to 10 months despite Iran war disruptions

Japan’s exports rose 19.3% year-on-year in June, extending their growth streak to 10 months, while surging imports widened the trade deficit amid higher energy costs and disruptions linked to the Iran conflict

$37.5 billion and counting: Hegseth reveals Iran war cost as Pentagon seeks billions more

US Defence Secretary Pete Hegseth says the Iran war has cost Washington $37.5 billion so far as the Pentagon seeks billions more in funding amid rising casualties and growing opposition to the conflict

PLI schemes drive Rs15.2 lakh crore exports, attract Rs 2.4 lakh crore investment and create over 14.15 lakh jobs: Govt

The government tells Parliament PLI schemes across 14 sectors have boosted exports nearly fourfold in two years, strengthened domestic manufacturing, and generated more than 14 lakh jobs.

India's domestic air passenger traffic rises 1.44% to 8.64 crore in H1 2026; IndiGo retains market leadership

Akasa Air records the highest passenger load factor in June, while IndiGo continues to dominate the domestic market with a 64.3 per cent share

Indian FMCG giant Wipro Consumer Care acquires Philippine personal care firm S Brands

Wipro Consumer Care's 16th global acquisition strengthens its Southeast Asia growth strategy

Scotch whisky tax dispute: France’s Pernod retreats in court fight over $314 million Indian levy

The French liquor giant has withdrawn its petition before the Delhi High Court and will instead challenge the Rs 2,700 crore ($314 million) tax demand through the statutory appellate process.

Can you invest without violating Ahimsa? NSE’s new index brings non-violence to India’s stock market

NSE has launched the Nifty500 Ahimsa Index, a 326-stock benchmark that brings non-violence and animal-welfare principles into India's mainstream equity market and could pave the way for ethical ETFs and index funds

Paramount-Skydance merger: Why US states are challenging the deal

A US federal judge has temporarily halted the proposed $110 billion Paramount-Skydance and Warner Bros. Discovery merged on August 3, after 12 Democratic-led states argued the deal could significantly reduce competition in the entertainment industry.

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