Economy News ( English version)

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  • Part of state capex loan tied to fiscal discipline April 6, 2026
    Under the total outlay, Arunachal Pradesh received the highest allocation of Rs 4,900 crore, followed by Himachal Pradesh with Rs 3,920 crore. Nagaland was allocated Rs 3,880 crore, while Uttarakhand received Rs 3,460 crore and Tripura Rs 3,450 crore. Manipur was allotted Rs 2,400 crore and Meghalaya Rs 2,070 crore. Further, Sikkim has been allocated Rs 820 […]
  • MSMEs seek force majeure relief amid Gulf war disruptions April 6, 2026
    Small businesses supplying the government are seeking relief from contract penalties. They want the Centre to invoke force majeure due to global supply chain issues stemming from the Gulf war. This mirrors measures taken during Covid-19. The government is examining these requests. Exporters are also receiving support through schemes and extended credit perio […]
  • Unseasonal rain may dent wheat output, quality April 6, 2026
    While prices may stay stable for now, better-quality wheat is likely to command a premium, widening price gaps, according to industry executives and experts. Onion prices could also increase after July as rain-hit crops with poor shelf life reduce supply.
  • Fitch upgrades Vedanta Resources to BB-, outlook stable April 6, 2026
    Fitch Ratings has upgraded Vedanta Resources to 'BB-' from 'B+'. This marks the highest bond rating for the company in a decade. The upgrade reflects expectations of higher commodity prices and volumes. Lower costs are also anticipated. These factors are projected to boost earnings and support debt reduction. Vedanta Resources holds stron […]
  • Govt extends implementation timeline for quality control order on electrical appliances till October April 6, 2026
    The government has announced a new timeline for the rollout of a mandatory quality control directive regarding certain electrical appliances, now set to commence in October 2026. This directive affects a variety of common household gadgets.

 

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