India's Index of Industrial Production grew 6.7% in July 2026, buoyed by the manufacturing and electricity and gas supply sectors. Though slower than the previous month, it was the second-best IIP reading since December last year. Economists cautioned that sluggish rural consumption remains a drag on the broader industrial recovery.
Union Commerce and Industry Minister Piyush Goyal said India is negotiating trade deals with nations and blocs whose combined GDP is about $15 trillion. He made the remarks while leading a business delegation of more than 200 representatives on a visit to Japan aimed at strengthening bilateral trade and investment ties.
LivemintThe government told the Lok Sabha in August that India's ethanol blending programme had saved around Rs 2 lakh crore in foreign exchange. The E20 policy blends 20% ethanol into petrol. Opposition leaders, including Rahul Gandhi and Arvind Kejriwal, have launched campaigns against E20, arguing it harms vehicles and is being forced on consumers.
The HinduOutput of India's core industries grew 5.4% in July 2026, according to the Index of Core Industries released by the Ministry of Commerce and Industry. Despite the slowdown from the previous month, it was still the second-fastest core-sector growth recorded in seven months.
The HinduThe government has launched a foreign asset disclosure scheme aimed at small taxpayers. Those declaring previously undisclosed foreign assets or income will pay a 30% tax on the declared value, plus an additional amount equal to that tax. This takes the effective levy to 60% of the value declared under the scheme.
The HinduThe last seven days as one sheet — grouped by syllabus area, every figure worth memorising, and a quiz across the whole week.
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