The Index of Industrial Production (IIP) rose 6.7% in July 2026, a slowdown from the previous month even as it marked the second-best growth recorded since December 2025. Manufacturing and the electricity and gas supply sectors buoyed the print. Economists flagged sluggish rural consumption as a drag on the wider industrial recovery.
The Ministry of Commerce and Industry released the Index of Core Industries, which showed that growth in India’s core sectors eased to 5.4% in July 2026. Despite the deceleration from the previous month, the July reading was still the second-fastest expansion recorded in the last seven months, indicating that core industrial activity retained momentum.
The HinduWholesale Price Index (WPI)-based inflation eased marginally to 9.78% in July 2026 as food, fuel and power prices cooled. It was the first month-on-month drop in wholesale inflation recorded under the new 2022-23 base year, offering early relief to producers after a sustained run of elevated wholesale price pressure across the wider economy.
The HinduIndia’s foreign exchange reserves climbed to a record high, aided by Reserve Bank of India measures aimed at attracting US dollar inflows. The larger buffer gives the RBI more firepower to defend the rupee, which has remained one of Asia’s worst-performing currencies during the period, keeping reserve adequacy in focus.
LivemintThe government launched a foreign-asset disclosure scheme for small taxpayers, letting them declare undisclosed foreign assets or income. Declarants pay 30% tax on the declared value plus an additional amount equal to that tax, taking the effective levy to 60%. The window aims to widen compliance on offshore holdings without prosecution.
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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