Business News: Economy & Markets

Govt to review pension regulations to reduce legal disputes: Dr Jitendra Singh

IANS | July 20, 2026 4:36 PM

New Delhi, July 20 (IANS) Union Minister of State for Personnel, Public Grievances and Pensions Dr Jitendra Singh on Monday called for a comprehensive review of pension regulations to ensure they reflect changing social realities, saying outdated rules are a major reason behind recurring pension-related litigation, an official statement said on Monday.

MoSPI advances evidence‑based policy making through surveys, indices: Minister

IANS | July 20, 2026 4:29 PM

New Delhi, July 20 (IANS) The Ministry of Statistics & Programme Implementation (MoSPI) compiles key economic and social indices and conducts household surveys that inform policy on quality of life, the government said on Monday.

India’s space industry and public figures celebrate Vikram‑1 orbit success

IANS | July 20, 2026 3:46 PM

New Delhi, July 20 (IANS) India’s first privately developed orbital rocket, Vikram‑1, successfully reached orbit under Mission Aagaman and drew praise from industry and public figures, who called it a landmark achievement for the country’s burgeoning private space sector, according to multiple reports.

No proposal at present to scrap LTCG tax on equity deals: Minister

IANS | July 20, 2026 3:42 PM

New Delhi, July 20 (IANS) There is no proposal under the consideration of the government at present to scrap the long-term capital gains (LTCG) tax on equity transactions for retail and domestic investors, Minister of State for Finance Pankaj Chaudhary informed Parliament on Monday.

Pakistan's poverty rate rises 29 pc after six years of economic shocks

IANS | July 20, 2026 3:26 PM

New Delhi, July 20 (IANS) Pakistan's poverty rate has risen sharply over the past six years, with nearly 29 per cent of the population now living below the poverty line, as repeated economic shocks, high inflation and weak growth eroded household incomes and consumption, a report has said.

Cotton blossoms as India’s ‘white gold’

IANS | July 20, 2026 2:53 PM

New Delhi, July 20 (IANS) India ranks first globally in acreage and second in production and consumption of cotton, with the country’s cotton production standing at 290.91 lakh bales in 2025-26 while domestic consumption reached 328 lakh bales during the same period, according to an official factsheet issued on Monday.

China’s expanding role in Kyrgyzstan fuels concerns among locals

IANS | July 20, 2026 2:40 PM

New Delhi, July 20 (IANS) China's expanding role in Kyrgyzstan has fuelled concerns over jobs, land, natural resources, and national sovereignty in Kyrgyzstan, with many ordinary Kyrgyz citizens saying that the country’s leaders are ignoring the national interest, a report has said.

India approves first dengue vaccine QDENGA for people aged 4-60 years

IANS | July 20, 2026 2:24 PM

New Delhi, July 20 (IANS) India has approved its first dengue vaccine, with the Drug Controller General of India (DCGI) granting market authorisation to Takeda Biopharmaceuticals India's QDENGA, marking a significant milestone in the country's efforts to combat one of its most widespread mosquito-borne diseases, it was announced on Monday.

How eVTOL aircraft could transform urban mobility in India

IANS | July 20, 2026 1:47 PM

New Delhi, July 20 (IANS) India's launch of its first electric vertical take-off and landing (eVTOL) aircraft prototype has put the spotlight on a technology that could reshape urban transport by enabling short-distance flights above road traffic.

Pakistan faces fresh external risks despite FY26 current account improvement

IANS | July 20, 2026 1:39 PM

New Delhi, July 20 (IANS) Pakistan closed fiscal year 2026 with a near-balanced current account and stronger foreign exchange reserves, but the apparent improvement in its external position is largely driven by record remittance inflows rather than a meaningful expansion in exports or productivity, raising concerns about the sustainability of the country's economic recovery, a report has said.