Business

July 15, 2026 5:00 PM

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Govt debunks social media report of regulating crypto

  The government has debunked a post circulating on social media claiming that the Ministry of Finance has asked the Reserve Bank of India and Securities and Exchange Board of India to consider regulating crypto. The Fact Check Unit of the Press Information Bureau (PIB) said that the claim is fake. ...

July 14, 2026 8:50 PM

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Wholesale inflation up to 9.87% in June; food, fuel  key drivers

  India’s Wholesale Price Index (WPI) based inflation rose to 9.87 per cent in June on an annual basis from 9.68 per cent registered in May this year. As per Ministry of Commerce & Industry, Mineral Oils, food Articles, manufacture of basic metals, and manufacture of Chemicals and Chemical Produ...

July 14, 2026 8:20 PM

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Govt releases first sub-sectoral Trial Index of Services Production

The government today released the country’s first trial Index of Services Production (ISP) for 19 sub-sectors, providing, for the first time, a monthly measure of short-term activity in the formal services sector. The inaugural index, with 2024-25 as the base year, covers April 2026 and accounts for...

July 14, 2026 6:50 PM

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Direct Tax collection increased by 16.11% for FY 2026-27

  The Income Tax Department has collected over 7,73,000 crore as direct tax for the financial year 2026-27 so far. It is 16.11 percent higher growth as compared to financial year 2025-2026 during the same period. The collection includes corporate tax of over three lakh 35 thousand crore rupees and a...

July 13, 2026 9:22 PM

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RBI Holds Third Annual Conference of Internal Ombudsmen in Mumbai

The third annual conference of Internal Ombudsmen was organised by the Reserve Bank in Mumbai today, bringing together representatives from banks, non-banking financial companies, credit information companies as well as RBI Ombudsman.      Addressing the gathering, RBI Deputy Governor, Mr. Swaminath...

July 13, 2026 8:02 PM

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India’s Exports Rise 11.37% to Over $232 Billion in April–June

India’s total exports during April to June this year is estimated at over 232 billion US dollar registering a positive growth of 11.37 percent as compared to same period last year. Commerce and Industry Ministry said that the total exports for June this year is estimated at 73.45 Billion US dollar, ...

July 12, 2026 5:43 PM

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Gold and silver prices decline over week

In the bullion market, gold and silver prices declined over the week.   At the Multi Commodity Exchange, Gold futures for the August contract shed 2.6 per cent during the week to settle at 1,43,478 rupees per 10 grams. Meanwhile, Silver futures for the September contract plunged 6.2 per cent to clos...

July 12, 2026 5:06 PM

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FPIs turn net buyers of Indian equities after four months

After four consecutive months of selling, Foreign Portfolio Investors (FPIs) have turned net buyers of Indian equities. According to the latest depository data, FPIs have invested 15 thousand 157 crore rupees in the domestic stock market so far this month. Weakness in the global semiconductor trade ...

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