The Reserve Bank of India (RBI) net purchased a record $18.65 billion in July, driven by inflows from its concessional swap facility, leading to a significant increase in India's foreign exchange reserves.
Non-resident Indian (NRI) deposit schemes witnessed a staggering 678.2 per cent increase, reaching $36.24 billion in the April-July period of FY27, primarily driven by strong FCNR(B) deposit flows and a concessional swap facility introduced by the RBI.
Indian companies, including NBFCs, filed proposals to raise $7.696 billion through external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs) in July 2026, a significant increase from $6.09 billion in June.
India's industrial production increased by 6.7 per cent in July 2026, primarily driven by a 7.3 per cent growth in the manufacturing sector and a strong 8.7 per cent rise in electricity and gas supply, despite a contraction in the mining sector.
India's overall unemployment rate for individuals aged 15 and above decreased to 5.1 per cent in July 2026, down from 5.5 per cent in June 2026, according to the latest Periodic Labour Force Survey (PLFS) by the National Statistics Office (NSO).
Bank credit to industry in India surged by 20 per cent year-on-year in July, significantly accelerating from the previous year, driven by strong expansion in sectors like engineering, gems and jewellery, and petroleum-related industries, according to the Reserve Bank of India (RBI). However, growth in gold loans, while still expanding, saw a sharp moderation.
Net inflows into smallcap funds surged 39 per cent M-o-M to a record Rs 7,768 crore, while midcap fund inflows rose marginally to Rs 6,192 crore.
The Nifty and Sensex outperformed Asian peers in South Korea, Japan, Taiwan and China.
With passenger vehicles (PVs), two-wheelers and three-wheelers registering double-digit growth, manufacturers raise production as the industry enters the festival season.
Suryakumar Yadav, the former India T20 captain, spent July cherishing his new role as a father to daughter Riddhima and celebrating his 10th wedding anniversary with Devisha Shetty, sharing heartwarming family moments on social media.
Domestic passenger vehicle dispatches in India surged by 34.3 per cent year-on-year to 4,57,810 units in July, marking the auto industry's strongest-ever July sales, according to the Society of Indian Automobile Manufacturers (SIAM).
India's trade deficit reached a six-month high of $31.98 billion in July, driven by a sharp increase in imports, particularly crude oil, electronic goods, coal, and fertilisers. Both merchandise exports and imports recorded their second-highest levels during the same period.
India's merchandise exports increased by 19.63 per cent to USD 44.24 billion in July, primarily driven by petroleum products, while a significant rise in imports pushed the trade deficit to a six-month high of USD 31.98 billion.
Domestic air passenger traffic in India decreased by 4.80 per cent in July 2026 compared to the previous year, reaching 1.20 crore, with major airlines experiencing a drop in load factor, according to DGCA data. Despite the overall dip, IndiGo and Air India Group increased their market share.
India's retail inflation, measured by the Consumer Price Index (CPI), rose to 4.45 per cent in July, up from 4.38 per cent in June, primarily due to higher food prices, particularly onions and ginger. This marks the second consecutive month the inflation rate has remained above the Reserve Bank's median target.
Sukanya Verma quizzes you to find out just how much you know about the movies.
India's wholesale price index (WPI) inflation marginally eased to 9.78 per cent in July 2026, down from 9.87 per cent in June, primarily due to a cooling in the prices of fuel, power, and food items, marking the first month-on-month drop under the new 2022-23 base year.
Electric vehicle retail sales in India reached a new monthly record of 3,27,901 units in July, marking a 66 per cent increase over the previous year, with nearly one in eight vehicles retailed now being electric.
Police in Bareilly have arrested a man accused of raping a minor, recording the act, and circulating the video. The minor subsequently died by suicide. A case has been registered under the Bharatiya Nyaya Sanhita and IT Act.
India's services sector experienced its weakest growth in four-and-a-half years in July, as new business orders, both domestic and export, eased due to intense competition and declining demand. Despite a modest rebound in job creation and improved profit margins, overall business confidence slipped, reflecting a broader slowdown in the economy.
Total automobile retail sales in India surged by 25.89 per cent year-on-year to 25,91,138 units in July, driven by GST rationalisation, ease of retail finance, and favourable festival timing, according to the Federation of Automobile Dealers Associations (FADA). This marks the first time all vehicle categories recorded their best-ever July sales.
The Supreme Court has agreed to hear two petitions on July 27 concerning alleged police excesses against students protesting the NEET paper leak. The pleas were mentioned before a bench, highlighting widespread student protests and a recent clash in Delhi where security personnel used force against demonstrators demanding the Union minister's resignation.
Indian 100m hurdler Jyothi Yarraji, a silver medallist from the last edition, withdrew from her first-round heat race in Nagoya after experiencing pain during warm-up, despite having received last-minute fitness clearance for a minor knee stress.
India's manufacturing sector activity growth declined to a five-year low in July, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) falling to 53.5 from 54.2 in June, driven by a slower rise in new business orders and challenging market conditions.
Mahindra & Mahindra is contemplating another price increase across its SUV portfolio in response to recent commodity price surges, with a decision expected within the next two weeks, according to Nalinikanth Gollagunta, CEO Automotive Division, Mahindra Group.
The Supreme Court has stayed the Bombay High Court's order granting bail to Shiv Sena corporator Ramesh Mhatre, who is accused of assaulting doctors at a Thane hospital. The apex court emphasised that the medical fraternity must not be attacked, directing Mhatre to surrender within three days.
Bangladeshi-origin cricketer Robin Das has been suspended by Essex County Cricket Club after being charged with two counts of rape in London. The Metropolitan Police confirmed his arrest in August last year and subsequent charging in July 2026, following reports of an incident in March 2024. Essex CCC has stated an immediate and ongoing suspension, adhering to all appropriate legal processes.
Two men, Sonu Pasi and Vijay Suryavanshi, wanted for the murder of two brothers in Ujjain, Madhya Pradesh, were shot in the legs by police during an alleged escape attempt. The accused were detained and tried to flee while being transported, pelting stones at officers before being recaptured. The incident stems from a family dispute that escalated into a fatal clash in July.
Police in Jalna, Maharashtra, have arrested a woman, her paramour, and another individual in connection with the murder of her 26-year-old husband. The crime, initially staged as a road accident, occurred in July, and investigations revealed a marital dispute and threats preceding the incident.
After a subdued start, the southwest monsoon has gathered pace since the beginning of July, narrowing the cumulative rainfall deficit from nearly 30 per cent on June 30 to around 15 per cent as of July 8.
India's domestic air passenger traffic experienced a 6.34 per cent year-on-year decline in August, reaching 121.26 lakh passengers, according to data released by the Directorate General of Civil Aviation (DGCA).
India's gross Goods and Services Tax (GST) collections surged by 15.4 per cent to over Rs 2.11 lakh crore in July, driven by increased mop-up from both domestic transactions and imports.
'Those under pressure from the BJP and the police, or due to court cases, the ED, CBI, CID, local police officers, or the STF, I request that you make your decision before July 21.'
After four consecutive months of withdrawals, Foreign Portfolio Investors (FPIs) injected Rs 20,200 crore into Indian equities in July, driven by attractive valuations, improving corporate earnings, and a more favourable global environment.
Passenger vehicle dispatches in the domestic Indian market are estimated to have surged by 33 per cent to approximately 4.7 lakh units in July, with market leaders Maruti Suzuki and Hyundai reporting record sales, alongside significant growth from Tata Motors and Mahindra & Mahindra.
Rohit Sharma and Virat Kohli were back together in the India nets on Thursday, giving fans an early glimpse of the veterans ahead of the ODI series against the West Indies in Thiruvananthapuram.
India's nine key infrastructure sectors recorded a three-month low growth of 4.8 per cent in August, primarily due to reduced production in coal, natural gas, crude oil, and fertiliser, according to government data.
Delhi Police is conducting an extensive investigation into the July 20 clashes, utilising thousands of videos, social media broadcasts, and mobile phone records to identify culprits and determine if the violence was pre-planned. The probe also focuses on identifying over 480 Pakistan-based social media handles allegedly spreading misinformation to instigate students during the protests.
Life Insurance Corporation of India (LIC) is facing a thinning of its top management as Managing Director Dinesh Pant exits to join Irdai, leaving one of four MD posts vacant. This comes amidst broader staffing challenges across several public sector insurers and a headless Financial Services Institutions Bureau (FSIB).
Notorious gangster Mainpal Dhilla, currently jailed, was granted 12-hour custody parole to marry his Cambodian partner, Meta Chan, in Jhajjar. Dhilla had met Chan in Cambodia after fleeing India in 2018 using a fake identity, where they had children. He was extradited last year after an international operation involving CBI and Interpol.
