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IMPACT INDIA
Despite West Asia crisis, net direct tax mopup grows 15% to Rs 5.2 lakh croreIndia's direct tax collections have seen a significant rise of over 14 percent. This growth is driven by strong advance tax payments from c...- War, oil and El Nino: Triple threat may cut India Inc's profit margins by 150 bpsIndia Inc faces challenges ahead. Geopolitical tensions in West Asia and El Nino conditions may hurt company profits. Operating profit marg...
- India monsoon starts almost 40% short as El Niño upends weatherIndia's monsoon has begun with a significant 40% deficit in rainfall, threatening crucial crops like rice and soybeans. The El Niño phenome...
- Pakistan extends airspace ban on Indian aircraft by a monthPakistan has extended its ban on Indian aircraft for another month. The restrictions will now be in place until July 24. This move continue...
- Sensex rises 347 points, Nifty closes near 24,100 as oil prices drop below $80. What lies ahead?Indian stock markets extended gains for the fourth consecutive session, with Sensex and Nifty rising over 0.4% each. This surge was driven ...
- States told to prepare contingency plans for districts likely to face low rainfall during kharif seasonIndia faces its weakest monsoon in 11 years. Agriculture Minister Shivraj Singh Chouhan has instructed states to prepare contingency plans ...
- Finmin to engage with states over looming El Nino falloutThe Finance Ministry will soon meet with states and central ministries to assess the economic and fiscal impact of El Nino. This review wil...
- From Oman to Tanzania: How the Iran war is redrawing India’s trade mapIndia's trade is changing due to West Asia conflict. Oman is now a major import partner, especially for energy. Russia and the US are also ...
- P&G India flags pressure on consumer demand, input costsProcter and Gamble India sees rising costs and softening urban demand, with company executives saying inflation will impact consumer spendi...
- El Nino to hit 9-10 states severely; Chouhan calls for district-level contingency plans for KharifAgriculture Minister Shivraj Singh Chouhan has directed coordinated meetings with district officials and agricultural agencies in 9-10 stat...
- India’s gold hunger stays unshaken as higher duties fail to close the import floodgatesIndia's insatiable thirst for gold remains resilient even in the face of increased import duties. Prior to the tax increase, there was a no...
- 12 years of govt: Share of services sector in total exports jumps to 49% in FY26India's services exports saw a substantial rise, increasing their share in total exports. This growth was fueled by the IT sector and digit...
- India's fiscal policy is evolving to support domestic growth: S&P GlobalIndia is adjusting its fiscal policy to boost domestic growth and economic strength. Global uncertainties are prompting a move towards long...
- US-Iran peace deal: Reliance Industries, ONGC; which other oil & gas stocks will emerge as top winners and losers?A US-Iran peace deal is expected to ease oil supply risks, pushing crude prices lower. Nomura sees OMCs, CGDs, and Petronet LNG as key bene...
- Iran truce may revive India's textile exports, industry saysIndia's textile exports are set for a significant boost following the end of the Iran war. Manufacturers anticipate lower raw material cost...
- India-France adopt Innovation Roadmap 2030 to boost tech partnershipThe roadmap announced after the summit between Prime Minister Narendra Modi and French President Emmanuel Macron is in the backdrop of 2026...
- From bombs to billions: The strange economics of US-Iran peace dealIran and United States are set to sign a peace deal involving significant financial concessions and sanctions relief for Iran. The deal see...
- US-Iran peace deal brings relief, but India turns to a risk at homeIndia just got a near-term macroeconomic breather from a US-Iran peace deal. However, early monsoon weakness and potential El Niño conditio...
- India likely past peak outflows, AI gap its advantage, Lighthouse Canton saysDomestic benchmarks Nifty 50 and Sensex are down about 11% and 13% so far in 2026, respectively, after fears of AI-led disruption tanked th...
- Market wrap: Sensex falls 151 points, Nifty closes below 23,200; Infosys, Adani Ports among top losersIndian stock markets faced sharp movements on Thursday, closing lower. The Sensex and Nifty declined as rising Iran-US conflict spooked inv...
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