Download IPFS India’s industrial production growth significantly slowed to a 10-month low of 1.5% in June 2025, according to data released by the National Statistical Office (NSO) on Monday, July 28, 2025. This deceleration, which marks the slowest pace since August 2024, was primarily driven by sharp contractions in the[Read More…]

Download IPFS India’s Finance Ministry, in its “Monthly Economic Review” for June, has highlighted slow credit growth and a subdued appetite for private capital expenditure (capex) as potential factors that could restrict the acceleration of economic momentum. While the ministry maintains a “steady as she goes” outlook for the current[Read More…]

Download IPFS The Indian government has clarified that no final decision has been made regarding significant amendments to the Insolvency and Bankruptcy Code (IBC) that would introduce frameworks for group and cross-border insolvency. This statement, made in the Lok Sabha on Monday, July 28, 2025, by the Minister of State[Read More…]

Download IPFS The Indian government’s average purchase price for onions has registered a substantial 48% year-on-year decline, falling to ₹16.75 per kilogram for the current fiscal year (FY26) from ₹29 per kilogram in the previous year (FY25). This significant drop in procurement costs is attributed to a robust harvest and[Read More…]

Download IPFS India’s Finance Minister Nirmala Sitharaman on Monday, July 28, 2025, affirmed in the Lok Sabha that increasing the Foreign Direct Investment (FDI) limit in the insurance sector to 100% is a strategic move aimed at unlocking the industry’s full potential and significantly enhancing insurance coverage across the nation.[Read More…]