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Economy

Stay updated with the latest economy news, analysis, and trends

Three DRDO scientists and engineers, two seated and one standing, review data on a holographic display and a drone prototype in a lab.

DRDO Told to Set Clear Project KPIs by Parliamentary Panel

A parliamentary panel has directed DRDO to establish clear, measurable KPIs for projects, focusing on cost, technology, timelines, and operational effectiveness to boost accountability.

By Business Desk•
Refurbished iPhones: India's Savvy Shoppers Pick Value Over New

Refurbished iPhones Gain Traction in India Amidst Price Hikes

Indian consumers favor certified refurbished iPhone 16s over new models due to significant price increases. Explore the value-driven shift in India’s smartphone market.

By Business Desk•
Four construction workers in safety vests and hard hats repairing railway tracks in a rural, mountainous region.

South Korea Resumes Gyeongwon Line Railway to Wonsan

South Korea restarts Gyeongwon Line railway project, aiming to connect with North Korea’s Wonsan. The initiative seeks to boost border economies and access DMZ tourism.

By ThePip Desk•
An aerial view of a large oil tanker traveling through the narrow Strait of Hormuz, with arid coastlines on either side.

Iran, Oman Near Deal to Reopen Strait of Hormuz Amid US Pressure

Iran and Oman are finalizing a deal to reopen the Strait of Hormuz, a crucial global shipping route, as the US signals a potential agreement this week. Learn more.

By Business Desk•
A busy trading floor in India with multiple financial professionals working at desks and observing large screens.

RBI Revolving Credit Ban Hits NBFC Stocks Hard

RBI’s proposal to restrict revolving credit facilities causes significant stock drops and market cap losses for major Indian NBFCs like Bajaj Finance and Bajaj Finserv.

By Business Desk•
An elevated view of a multi-lane Indian highway with cars, trucks, and buses in motion under bright daylight.

PSP Investments Weighs $1.5B India Road Asset Sale

Canadian pension giant PSP Investments is reportedly exploring the sale of its Indian road assets, a deal potentially worth $1.5 billion including debt.

By Business Desk•
Workers in white uniforms and hairnets sort mangoes on a conveyor belt in a large, bright food processing facility.

Odisha Food Pro 2026: Rs 43,437 Cr Investment for Food Processing

Odisha CM Mohan Charan Majhi launches ‘Odisha Food Pro 2026’, attracting Rs 43,437 crore in investment for the food processing sector, aiming for farmer prosperity and rural growth.

By Business Desk•
A closed bank branch with a blue shuttered entrance and a sign for "Oriental Bank of Commerce" on an urban Indian street.

August 8 Bank Holiday: Major Lenders Closed

Indian banks like SBI, HDFC, ICICI will be closed on August 8, 2026, for the second Saturday holiday. Digital services remain active.

By ThePip Desk•
A multi-lane highway in India at sunset with cars and trucks, road signs, and vegetation

PSP Investments Eyes $1.5B India Road Asset Sale

Canada’s PSP Investments is reportedly considering selling its Indian road portfolio, valued at approximately $1.5 billion, as part of a strategic review of its global infrastructure assets.

By Business Desk•
An aerial shot of a large industrial mining operation with excavators, conveyor belts, and a processing plant.

Trump’s $3B Minerals Plan Targets China Dominance

Donald Trump unveils a $3 billion minerals initiative aimed at bolstering US capabilities and countering China’s global influence in critical resources.

By Business Desk•
Home-Cooked Thalis Get Pricier: Non-Veg Up 9%, Veg Up 4% in July

Home-Cooked Thalis Cost More: Non-Veg Up 9%, Veg Up 4%

Home cooking costs surged in July. Vegetarian thalis rose 4% and non-vegetarian thalis jumped 9% year-on-year due to rising onion, oil, gas, and chicken prices.

By ThePip Desk•
A man in a light blue shirt points to a "CLOSED" sign on a wooden bank door on a sunny day in India.

India Bank Holiday: August 8, 2026 – RBI Saturday Rules

Banks in India will be closed on Saturday, August 8, 2026, due to RBI’s second Saturday holiday rule. Learn more about bank closures.

By ThePip Desk•
A person's hands hold a gold coin over a counter with gold bars and coins, in a traditional Indian gold shop.

Bhopal Gold Prices Surge ₹160 Amid Global Market Shifts

Bhopal witnesses a ₹160 rise in gold prices on Aug 7, 2026. 24-carat gold reaches ₹1,49,810/10g, influenced by global bullion market dynamics.

By Market Desk•
Close-up of hands holding US dollar banknotes and reviewing a deposit form on a bank counter, with blurred bank background.

RBI Exempts FCNR(B) & NRE Deposits from PSL

RBI exempts new FCNR(B) & NRE term deposits from Priority Sector Lending calculations to boost foreign currency inflows and ease bank compliance.

By ThePip Desk•
A wide shot of the Tata Sons building in a bustling Indian financial district under clear daylight.

Tata Sons IPO Debate Reignited by RBI Decision

RBI’s NBFC-UL classification for Tata Sons sparks IPO debate, pending a crucial deregistration review. Learn the implications.

By Business Desk•
An offshore wind farm with numerous turbines extends across the blue ocean under a partly cloudy sky, with a support vessel in the foreground.

Urban Company Profitability vs. India’s Economic Growth

Urban Company faces profitability hurdles amid India’s economic shifts, including a new Blue Economy scheme, IPOs, and foreign capital attraction efforts.

By ThePip Desk•
8th Pay Commission: How a 2.57 Fitment Factor Could Boost Your Salary

8th Pay Commission: 2.57 Fitment Factor & Salary Hike

Central govt employees: Understand the 8th Pay Commission’s 2.57 fitment factor and its potential to significantly boost your gross salary. Learn about the latest discussions.

By ThePip Desk•
A food safety official in uniform inspects paneer and ghee on a metal counter in a market.

Uttarakhand Bans Substandard Dairy Products Statewide

Uttarakhand enforces a statewide ban on substandard dairy products like paneer and ghee to safeguard public health and ensure food safety.

By Business Desk•
Dhaka Stock Exchange Extends Win Streak as Mutual Funds Soar 22% in July

Dhaka Stock Exchange Gains: Mutual Funds Soar 22% in July

Dhaka Stock Exchange records fourth monthly gain in July, driven by mutual funds surging 22% amid policy reforms and strong corporate earnings.

By Market Desk•
GeM Achieves Rs 20 Lakh Crore GMV as Public Procurement Platform Marks 10 Years

GeM Hits ₹20 Lakh Crore GMV, Celebrates 10 Years of Public Procurement

India’s Government e-Marketplace (GeM) marks a decade, surpassing ₹20 lakh crore in GMV with over 3.78 crore orders, revolutionizing public procurement.

By Business Desk•
A woman in a suit looks at multiple computer screens displaying financial charts and data in a modern office.

India Lok Sabha Approves Tax Exemption for Foreign Bond Investors

India’s Lok Sabha passes bill granting income-tax exemption on government bond earnings for foreign investors from April 1, 2026, to boost stable capital inflow.

By ThePip Desk•
An aerial view shows multiple large commercial vessels, including oil tankers, moving through a narrow strait with arid land on both sides.

Iran-Oman Deal on Strait of Hormuz Expected: US to Lift Blockade

A US official anticipates an Iran-Oman deal on the Strait of Hormuz to restore shipping, prompting the US to lift its blockade on Iranian ports based on performance.

By ThePip Desk•
A customer holds a smartphone to scan a QR code at a Kirana store counter, with the shopkeeper standing nearby.

UPI Transactions Remain Free for Users & Small Businesses: PCI

Payments Council of India confirms UPI transactions will stay free for users and small businesses. Learn about potential merchant charges and the future of digital payments in India.

By ThePip Desk•
An investor sits at a desk, looking at a tablet displaying financial content, with large screens showing data behind him.

SEBI Uses AI to Regulate Finfluencers, Protect Investors

India’s SEBI deploys AI tools to monitor finfluencers, combat misleading advice, and enhance investor protection, boosting market integrity.

By Business Desk•
Corporate Bond Mobilization Falls 8.4% in FY26, First Dip Since FY22

India Corporate Bonds: FY26 Mobilization Drops 8.4%

India’s corporate bond market saw an 8.4% decline in FY26, raising Rs 9.1 lakh crore. This is the first contraction since FY22, despite a rise in issuances.

By Market Desk•
An aerial view of a developing industrial city in India, with construction cranes and factory buildings.

Arvind Panagariya’s Plan for Special Employment Regions in India

Economist Arvind Panagariya proposes ‘special employment regions’ in India, inspired by China’s model, to drive job-led urban development and reform land policies.

By ThePip Desk•
Five executives, three men and two women, in a modern boardroom with a city view.

India Inc’s Silence on CJP Protests: Strategic Corporate Dilemma

Explore why India Inc’s silence on CJP protests is a strategic imperative, raising uncomfortable questions for businesses navigating social issues.

By Business Desk•
Indian Equities Fall as Crude Surges Amid West Asia Tensions

Indian Stocks Dip as Crude Oil Prices Surge Amid Geopolitical Tensions

Indian equity markets, including Sensex and Nifty, fell on August 7, 2026, due to a sharp rise in crude oil prices and escalating West Asian geopolitical tensions.

By Market Desk•
An Indian university student stands on a modern campus, holding a document, with other students and buildings in the background.

India Revamps Student Loans: Guarantees & Rate Caps Boost Access

India’s government introduces new student loan policies with state guarantees, capped interest rates, and faster processing to improve access to higher education.

By ThePip Desk•
Traders monitor screens on a bustling stock exchange floor with an "IPO Launch" sign overhead.

Milky Mist Dairy IPO: Rs 1,553 Cr Launch August 2026

Milky Mist Dairy Food plans a Rs 1,553 crore IPO launching August 11, 2026. Details on fresh issue, OFS, price band, and minimum investment.

By Business Desk•
    Economy News & Market Signals – Page 113 | ThePip