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    US oil firms sign deals with Iraq to develop alternative shipping routes
    HC transfers probe against ex-MLC Haji Iqbal from UP STF to SFIO
    Rupee rises 12 paise to close at 96.30 against US dollar
    MP industrial corporation, Amazon ink pact to accelerate e-commerce exports
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    India Achieves Major Milestone at Codex Commission with Adoption of Three Global Standards for Spices
    Centre for Trade and Investment Law launches guidebook to help Indian MSMEs expand into global markets
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    July 18, 2026
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    Alternative oil export routes aim to reduce Iraq's reliance on the Strait of Hormuz through pipeline investment and regional transit.
    Alternative oil export routes from Iraq are being pursued through agreements to develop pipeline capacity that can reduce reliance on the Strait of Hormuz. Planned pipelines would support larger-scale exports through Syria and Turkey and strengthen energy-security options amid disrupted maritime shipments. Their timing and viability remain uncertain because cross-border construction requires substantial development and coordination. Existing overland shipments through Syria offer a temporary, but less efficient and more costly, route to European markets. Iraq has emphasised its preference for long-term investment partnerships over project-based contracting.
    July 17, 2026
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    Consolidated fraud investigation requires specialised inquiry where an investor complaint forms part of an alleged shell-company network.
    A fraud investigation concerning an alleged real-estate investment scheme was transferred to the Serious Fraud Investigation Office because the named company was stated to be part of a wider alleged shell-company network already under its examination. The FIR was not quashed, as the complainant's individual transaction had not been investigated. A single specialised inquiry was considered necessary to prevent fragmented or conflicting investigations into an allegedly indivisible fraud scheme.
    July 17, 2026
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    Foreign exchange market movement strengthens the rupee as equity gains and possible central-bank support offset oil-price pressure.
    Foreign exchange market movement saw the rupee appreciate against the US dollar, supported by positive domestic equity-market performance, lower US Treasury yields and reported possible central-bank intervention. Elevated West Asia tensions, higher global crude-oil prices and cautious foreign investment flows continued to pressure the currency. Market attention remained focused on global developments, crude-oil movements and foreign institutional investment activity, alongside an increase in foreign-exchange reserves.
    July 17, 2026
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    E-commerce export promotion supports Madhya Pradesh businesses through global marketplace access, exporter readiness, and a cross-border export roadmap.
    A memorandum of understanding supports Madhya Pradesh businesses, including MSMEs, entrepreneurs, direct-to-consumer brands, manufacturers, weavers, artisans and producers, in accessing international customers through the Amazon Global Selling programme. The collaboration will improve e-commerce export awareness, exporter readiness and knowledge sharing, while developing a state export roadmap with policy and infrastructure recommendations. It will also identify interventions relating to logistics, access to finance, payment reconciliation and regulatory enablers for cross-border exports.
    July 17, 2026
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    Russian oil purchase tariffs and tighter visa oversight reshape trade exposure and immigration compliance for foreign nationals.
    Proposed trade tariffs on purchases of Russian oil would target specified countries, including India and China, while exempting European purchasers of Russian gas. Separately, tighter United States visa regulations for international students, exchange visitors and journalists would end a long-standing arrangement allowing indefinite residence without government oversight. The reported changes may materially affect foreign nationals, including Indian nationals, through differentiated trade treatment and enhanced immigration compliance requirements.
    July 17, 2026
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    Clean slate doctrine extinguishes uncrystallised operational claims and pending proceedings once an approved insolvency resolution plan becomes binding.
    The clean slate doctrine under the Insolvency and Bankruptcy Code is described as abating or extinguishing pending civil suits and arbitration involving pre-insolvency operational claims that had not crystallised into determinable and quantifiable amounts before resolution-plan approval. Claims must be submitted to and determined by the resolution professional, and only crystallised claims incorporated in the approved plan remain payable under its prescribed treatment. Once final, the creditor list and approved plan bind all stakeholders.
    July 17, 2026
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    Foreign exchange reserves rose as foreign currency assets, gold, Special Drawing Rights and IMF reserve position increased.
    Foreign exchange reserves increased during the reporting week, principally because foreign currency assets rose. Reserve components include foreign currency assets, gold reserves, Special Drawing Rights and the reserve position with the International Monetary Fund. Foreign currency assets, expressed in dollar terms, reflect valuation effects arising from movements in non-US currencies held in the reserves. Gold reserves, Special Drawing Rights and the reserve position with the International Monetary Fund also increased.
    July 17, 2026
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    Rupee exchange-rate movement stabilised after possible central bank intervention, while oil prices and foreign fund flows sustained pressure.
    The rupee strengthened against the US dollar following four declining sessions, reportedly amid possible Reserve Bank of India intervention. Elevated West Asia tensions, higher crude-oil prices and cautious foreign fund flows continued to weigh on the currency, despite consolidation in the absence of major domestic triggers. Market participants were expected to monitor global developments, crude-oil movements and foreign institutional investor activity for the next directional move.
    July 17, 2026
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    Revised Index of Core Industries adopts a new base year, adds Iron Ore, and aligns production measurement methodology.
    The revised Index of Core Industries adopts 2022-23 as its base year and replaces the 2011-12 series. Its weights are derived from the 2022-23 Index of Industrial Production and redistributed pro rata to total 100. Iron Ore is added as a core industry, expanding the basket to nine industries. The Steel Index will use gross production data for consistency with the Index of Industrial Production. In the Coal sector, only Raw Coal is retained; Coal Middlings and Washed Coal are excluded to prevent double counting.
    July 17, 2026
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    Sustainability reporting discipline requires credible disclosures, board-level integration, data assurance and proportionate ESG implementation across business value chains.
    ESG-led responsible business conduct requires sustainability disclosures that are relevant, comparable, evidence-based and verifiable, supported by reliable systems, internal controls, documentation, traceability and independent examination. Sustainability should be integrated into board-level decision-making, fiduciary responsibilities, risk management and long-term enterprise value. Stronger governance, accountability and data-assurance frameworks are needed to address greenwashing, with proportionate reporting, technology and capacity-building supporting implementation across value chains and MSMEs.
    July 17, 2026
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    Promoter shareholding increase through market purchases remains within creeping acquisition limits and signals confidence in long-term growth prospects.
    Promoter and promoter-group shareholding in Reliance Industries Ltd increased by nearly 0.5 percentage points through market purchases during the June quarter. The purchases were reported to be within SEBI creeping acquisition limits, allowing gradual promoter acquisitions without triggering a mandatory open offer where prescribed thresholds are met. The increase may strengthen promoter control and marginally reduce public float, and was characterised as reflecting confidence in long-term growth, earnings trajectory and capital-allocation plans.
    July 17, 2026
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    Tariffs on Russian oil purchasers would target sanctions evasion, with reassessment mechanisms and limited energy-sector exemptions proposed.
    Proposed United States Senate legislation would impose mandatory tariffs on imports from leading purchasers of Russian oil or gas and leading facilitators of Russian oil-sanctions evasion. It provides for periodic reassessment and tariff adjustments, while exempting qualifying countries reducing Russian gas imports. Russian uranium purchases for specified nuclear and medical needs, and certain nuclear and space cooperation activities, would be excluded.
    July 17, 2026
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    Foreign currency non-resident deposits enable overseas Indians to invest foreign earnings while supporting India's foreign-exchange reserves.
    Foreign Currency Non-Resident deposits allow Non-Resident Indians and Persons of Indian Origin to maintain overseas earnings as foreign-currency fixed deposits with Indian banks without conversion into Indian rupees. Banks may offer enhanced interest rates for a limited period under an initiative intended to strengthen foreign-exchange reserves and support the rupee. The framework covers the investment process, regulatory requirements, taxation aspects and advantages for eligible overseas investors.
    July 17, 2026
    Show AI Summary
    GST compliance management integrates reconciliation, input tax credit support, invoicing and statutory monitoring within an AI-powered enterprise platform.
    The unified cloud platform combines accounting, manufacturing, inventory, procurement, human resources, payroll, compliance, reporting and document management with an embedded AI agent. Its compliance functions include GST validation, purchase-register reconciliation with GSTR-2B, input tax credit support, supplier filing-gap detection, e-invoicing, e-way bills, TDS and statutory due-date tracking. Financial and operational workflows are intended to use common real-time data, with automation for invoices, journal entries, reconciliations, reporting, workflow approvals and compliance-risk monitoring.
    July 17, 2026
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    Institutional trade cooperation expands through industry MoUs, supporting investment, innovation and technology partnerships across strategic economic sectors.
    Bilateral trade and investment cooperation was advanced through ministerial discussions and industry engagements concerning financial markets, innovation, enterprise financing and commercial relations. Two institutional Memoranda of Understanding established mechanisms for industry collaboration and greater business engagement. Sector-specific interactions covered digital and frontier technologies, space, clean energy, bioeconomy, circular economy, infrastructure and advanced manufacturing, focusing on collaboration, investment and technology partnerships.
    July 17, 2026
    Show AI Summary
    Codex spice standards harmonise quality benchmarks for cardamom, coriander and vanilla, supporting trade consistency, market access and export competitiveness.
    Codex standards for large cardamom, coriander and vanilla establish harmonised international quality benchmarks following review by relevant committees on analytical methods, food additives and food labelling. The standards are intended to promote consistent quality requirements, facilitate trade, improve market access and support export competitiveness. India was also accepted as Co-Chair of an Electronic Working Group developing policy guidance on risk analysis for new food products.
    July 17, 2026
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    Export readiness for MSMEs strengthens global market access through trade intelligence, standards compliance, preferential origin rules and trade remedy awareness.
    Export readiness for Indian MSMEs is supported through practical guidance on identifying export opportunities, market-access requirements, trade intelligence tools, international standards, sustainability requirements and buyer identification. International expansion strategies include using preferential Rules of Origin and cooperation mechanisms under Free Trade Agreements, selecting export destinations, product positioning, diversification and value addition. Trade remedy awareness and guidance on unfair trade practices and import surges, together with institutional support, partnerships and trade-exhibition participation, can strengthen global competitiveness and integration into global value chains.
    July 16, 2026
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    Reciprocal tariff measures and multilateral dispute settlement are pursued in response to contested import duties.
    Reciprocal tariff measures are proposed in response to a new tariff on specified Brazilian imports allegedly involving unfair trade practices. Brazil rejects those allegations and proposes to use its reciprocity-law mechanisms, including reciprocal tariffs and other trade-related countermeasures, while pursuing multilateral dispute settlement. It maintains that trade investigations must conform to multilateral international-trade rules and notes that the tariff may burden exports and increase commercial uncertainty.
    July 16, 2026
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    Section 301 tariff authority offers a procedurally constrained route to replace temporary global import tariffs after emergency powers failed.
    Import-tariff authority is shifting from emergency-based measures to temporary and investigatory powers under the Trade Act of 1974. Section 122 supports a global tariff measure only for a limited period, whereas Section 301 permits tariffs or trade sanctions for unjustifiable, unreasonable, or discriminatory foreign trade practices after required public-comment and hearing procedures. Current Section 301 investigations concern forced-labour imports and alleged overproduction by trading partners. A more rule-bound tariff framework may reduce, but not eliminate, commercial uncertainty, and broad use of Section 301 for near-universal tariffs may face legal challenge.
    July 16, 2026
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    International food-safety and phytosanitary compliance supports premium cherry and plum exports from Jammu and Kashmir to Singapore.
    Export of premium cherries and plums from Jammu and Kashmir to Singapore was facilitated to expand overseas market access for temperate fruits. The produce underwent scientific cultivation, optimum-maturity harvesting, grading, sorting, packing and cold-chain handling in compliance with international food-safety and phytosanitary standards. The initiative highlights quality enhancement, market development, logistics, export-oriented production and improved post-harvest management for horticultural exports.

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      News and Press Release

      PROVISIONAL ESTIMATES OF WHOLESALE PRICE INDEX, OUTPUT PRODUCER PRICE INDEX, AND TRIAL INPUT PRODUCER PRICE INDEX FOR THE MONTH OF JUNE 2026, AND FINAL ESTIMATES FOR THE MONTH OF APRIL 2026

      July 15, 2026

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      Provisional Estimates of Wholesale Price Index (Base Year 2022-23) for the month of June 2026

      Key highlights of WPI (Base Year 2022-23) for June 2026

      1. All India Wholesale Price Index (WPI) inflation for June 2026 is 9.87 per cent on year-on-year (YoY) basis, compared to 9.68 per cent in May 2026. The index for All Commodities for June 2026 stands at 110.2, whereas it was 109.9 in May 2026.
      2. YoY inflation rates for major groups, namely, Primary Articles, Fuel and Power, and Manufactured Products are 7.0 per cent, 27.41 per cent, and 7.48 per cent, respectively in June 2026, compared to 4.99 per cent, 30.33 per cent, and 7.48 per cent, respectively in May 2026. The indices for Primary Articles, Fuel and Power, and Manufactured Products are 116.1, 111.1, and 107.8, respectively, in June 2026, whereas they were 113.7, 113, and 107.8, respectively, in May 2026.
      3. Across groups, ‘Mineral Oils (containing Petroleum Products)’, ‘Food Articles’, ‘Manufacture of Basic Metals’, and ‘Manufacture of Chemicals and Chemical Products’, have been major drivers of WPI inflation in June 2026.
      4. WPI Food Index (weight=24.99 per cent): The Food Index consists of ‘Food Articles’ from Primary Articles major group, and ‘Manufacture of Food Products’ from Manufactured Products major group. It observed a YoY inflation of 6.14 per cent in June 2026, compared to 4.49 per cent in May 2026.
      5. Monthly indices and Inflation Rate (in per cent) for All commodities and Major Groups, along with major group-wise contribution for the past months are presented in the charts below.

      Chart 1: WPI Index and Inflation Rate for All Commodities

      Chart 2: WPI Index of Major Groups

      Chart 3: Inflation Rate across Major Groups

      Chart 4: Major Group-Wise contribution to Inflation

      1. The final index for the month of April 2026 has been revised from 108.8 (Provisional estimate) to 108.9. Accordingly, WPI inflation has been revised from 8.26 per cent, as per provisional estimate to 8.36 as per the final estimate.
      2. The Final Estimate of WPI (Base Year 2022-23) for the month of April 2026 has been compiled with a weighted response rate of 97.5 per cent.
      3. The Provisional Estimate of WPI (Base Year 2022-23) for the month of June 2026 has been compiled with a weighted response rate of 82.6 per cent.
      4. Wholesale Price Index and Year-on-Year (YoY) Inflation Rate for All Commodities, Major Groups, and Groups for the last six months is given at Annexure-I and II.
      5. Cumulative WPI for All Commodities, Major Groups, and Groups from April to June for FY 2023-24, FY 2024-25, FY 2025-26, and FY 2026-27 is given at Annexure-III.
      6. Cumulative YoY Inflation Rate for All Commodities, Major Groups, and Groups from April to June for FY 2024-25, FY 2025-26, and FY 2026-27 is given at Annexure- IV.
      7. Item-wise data pertaining to WPI (Base Year 2022-23) series from April 2023 to June 2026 is available at (https://eaindustry.nic.in/download_data_2223.asp).
      8. Provisional indices of WPI, OPPI, and trial IPPI for a reference month are released on the 14th of the following month (if it is a working day, else on next working day). Accordingly, release of WPI, Output PPI, and trial Input PPI for the month of July 2026 will be on Friday, 14th August 2026.

      Annexure-I

      WPI for All Commodities, Major Groups and Groups for last six months

      Groups/Major Groups

      Commodity Weight

      Jan-26
      (F)

      Feb-26
      (F)

      Mar-26
      (F)

      Apr-26
      (F)

      May-26
      (P)

      Jun-26
      (P)

      ALL COMMODITIES

      100.00000

      102.3

      103.1

      104.6

      108.9

      109.9

      110.2

      I. PRIMARY ARTICLES

      22.75730

      112.1

      111.6

      111.4

      112.8

      113.7

      116.1

      (A). Food Articles

      15.97835

      113.9

      113.1

      112.8

      114.2

      115

      117.3

      (B). Non-Food Articles

      5.52841

      107

      107.3

      107.4

      107.6

      108.4

      110.4

      (C). Minerals

      1.25054

      111.1

      112

      110.8

      118.8

      119.7

      125.1

      II. FUEL AND POWER

      14.11433

      88

      89

      93.5

      111

      113

      111.1

      (A). Coal and Lignite

      0.74136

      86.2

      86.5

      87.8

      87.7

      86.6

      87.9

      (B). Mineral Oils

      8.19208

      84.6

      85.8

      92.9

      121.6

      125.7

      122.9

      (C). Electricity

      4.46349

      94.5

      94.7

      91.2

      90.8

      90.3

      91.9

      (D). Crude Petroleum & Natural Gas

      0.71740

      88.7

      92.4

      119.7

      138.8

      136.8

      120.2

      III. MANUFACTURED PRODUCTS

      63.12837

      102

      103.2

      104.7

      107

      107.8

      107.8

      (A). Manufacture of Food Products

      9.02016

      107

      108

      109.1

      111

      112.3

      113.1

      (B). Manufacture of Beverages

      0.90483

      102.9

      102.6

      102.7

      104.4

      105.3

      105.4

      (C). Manufacture of Tobacco Products

      0.27645

      110.6

      122.7

      122.6

      122.5

      123.7

      124.3

      (D). Manufacture of Textiles

      4.08993

      93.3

      94.4

      96.4

      99.1

      101.4

      102.2

      (E). Manufacture of Wearing Apparel

      1.32948

      109.9

      109.8

      109.9

      111

      112.2

      111.9

      (F). Manufacture of Leather and Related Products

      0.54137

      104.3

      104.9

      105.5

      107.3

      108.5

      108.6

      (G). Manufacture Of Wood and Products of Wood and Cork, except Furniture; Manufacture of Articles of Straw and Plaiting Materials

      1.07718

      109.9

      110

      112.1

      115.2

      116.1

      116.9

      (H). Manufacture of Paper and Paper Products

      1.15328

      90.1

      90.6

      91.4

      93.7

      93.9

      93.8

      (I). Printing and Reproduction of Recorded Media

      0.42618

      104.8

      105.1

      105.8

      107

      108.3

      107

      (J). Manufacture of Chemicals and Chemical Products

      6.12567

      91

      91.8

      96.5

      102.6

      102.4

      102.4

      (K). Manufacture of Basic Pharmaceutical Products and Pharmaceutical Preparations 

      2.20102

      99.6

      99.6

      100.8

      102.3

      102.3

      102.2

      (L). Manufacture of Rubber and Plastic Products

      2.71467

      95.5

      96.3

      101.9

      106

      105.1

      106.2

      (M). Manufacture of Other Non-Metallic Mineral Products

      2.84074

      96.3

      96.1

      96.8

      99

      98.9

      99.6

      (N). Manufacture of Basic Metals

      8.41133

      95.2

      98

      100.1

      103.5

      104.1

      103.1

      (O). Manufacture of Fabricated Metal Products, except Machinery and Equipment

      4.13294

      100.9

      102

      102.7

      104.4

      105.8

      105.7

      (P). Manufacture of Computer, Electronic and Optical Products

      2.07628

      101.2

      101.5

      102

      101.7

      103.4

      102.7

      (Q). Manufacture of Electrical Equipment

      2.64318

      108.5

      110.2

      111

      112.7

      114.1

      114.8

      (R). Manufacture of Machinery and Equipment n.e.c.

      3.46796

      103.9

      104.3

      104.3

      105.1

      105.4

      105.4

      (S). Manufacture of Motor Vehicles, Trailers and Semi-Trailers

      5.43645

      105.9

      106.4

      105.9

      106.7

      108.5

      107.1

      (T). Manufacture of Other Transport Equipment

      1.39511

      105.1

      105.2

      105.4

      106

      106.6

      106.5

      (U). Manufacture of Furniture

      0.82618

      102

      102.6

      102.8

      105.6

      106.1

      106.4

      (V). Other Manufacturing

      2.03798

      152.4

      156.4

      158.8

      157

      158.8

      156.6

      FOOD INDEX

      24.99851

      111.4

      111.3

      111.5

      113

      114

      115.8

       (P)-Provisional, (F)-Final

        Annexure-II

      WPI Inflation Rate (YoY) for All Commodities, Major Groups, and Groups for last six months

      Groups/Major Groups

      Commodity Weight

      Jan-26
      (F)

      Feb-26
      (F)

      Mar-26
      (F)

      Apr-26
      (F)

      May-26
      (P)

      Jun-26
      (P)

      ALL COMMODITIES

      100.00000

      1.19

      2.18

      3.98

      8.36

      9.68

      9.87

      I. PRIMARY ARTICLES

      22.75730

      -0.09

      1.64

      2.58

      3.96

      4.99

      7

      (A). Food Articles

      15.97835

      -1.3

      0.8

      1.53

      2.61

      3.6

      5.49

      (B). Non-Food Articles

      5.52841

      3.98

      4.68

      6.65

      7.6

      9.49

      11.07

      (C). Minerals

      1.25054

      -0.45

      1.36

      0.09

      8

      4.91

      9.45

      II. FUEL AND POWER

      14.11433

      -3.83

      -3.37

      3.2

      25

      30.33

      27.41

      (A). Coal and Lignite

      0.74136

      -3.9

      -2.37

      -0.79

      -1.57

      -2.26

      -1.57

      (B). Mineral Oils

      8.19208

      -4.19

      -4.35

      4.26

      40.74

      49.82

      46.48

      (C). Electricity

      4.46349

      -2.28

      -1.56

      -2.04

      -2.58

      -1.85

      -0.76

      (D). Crude Petroleum & Natural Gas

      0.71740

      -9.95

      -5.33

      26.13

      56.31

      61.51

      34.75

      III. MANUFACTURED PRODUCTS

      63.12837

      2.82

      3.61

      4.8

      6.68

      7.48

      7.48

      (A). Manufacture of Food Products

      9.02016

      1.61

      2.08

      2.54

      4.72

      6.14

      7.2

      (B). Manufacture of Beverages

      0.90483

      -1.06

      -0.68

      -0.68

      0.38

      1.64

      1.44

      (C). Manufacture of Tobacco Products

      0.27645

      2.03

      12.57

      11.86

      12.08

      13.59

      14.14

      (D). Manufacture of Textiles

      4.08993

      0.97

      1.94

      4.9

      7.25

      10.22

      10.85

      (E). Manufacture of Wearing Apparel

      1.32948

      3.78

      3.39

      2.9

      3.06

      4.28

      2.57

      (F). Manufacture of Leather and Related Products

      0.54137

      2.05

      2.64

      3.23

      3.87

      4.33

      3.63

      (G). Manufacture Of Wood and Products of Wood and Cork, except Furniture; Manufacture of Articles of Straw and Plaiting Materials

      1.07718

      3.1

      3

      5.06

      8.07

      7.6

      9.05

      (H). Manufacture of Paper and Paper Products

      1.15328

      -0.88

      -0.66

      0.11

      2.18

      2.74

      3.19

      (I). Printing and Reproduction of Recorded Media

      0.42618

      1.16

      1.55

      2.12

      3.08

      4.13

      2.49

      (J). Manufacture of Chemicals and Chemical Products

      6.12567

      -0.33

      0.22

      5.7

      13

      13.4

      12.78

      (K). Manufacture of Basic Pharmaceutical Products and Pharmaceutical Preparations 

      2.20102

      0.1

      0.3

      1.1

      2.61

      3.33

      2.82

      (L). Manufacture of Rubber and Plastic Products

      2.71467

      -1.24

      -0.72

      5.38

      10.07

      9.59

      9.94

      (M). Manufacture of Other Non-Metallic Mineral Products

      2.84074

      -0.31

      -0.93

      -0.1

      1.75

      1.02

      1.84

      (N). Manufacture of Basic Metals

      8.41133

      5.19

      7.34

      8.57

      10.7

      12.3

      12.31

      (O). Manufacture of Fabricated Metal Products, except Machinery and Equipment

      4.13294

      2.54

      2.82

      3.42

      5.03

      6.22

      6.12

      (P). Manufacture of Computer, Electronic and Optical Products

      2.07628

      1.3

      0.89

      -0.58

      -1.17

      -0.19

      -1.53

      (Q). Manufacture of Electrical Equipment

      2.64318

      6.69

      7.62

      7.98

      9.21

      11.32

      11.03

      (R). Manufacture of Machinery and Equipment n.e.c.

      3.46796

      0.78

      1.26

      1.07

      1.84

      2.33

      2.13

      (S). Manufacture of Motor Vehicles, Trailers and Semi-Trailers

      5.43645

      0.38

      1.82

      0.95

      0.85

      2.17

      1.71

      (T). Manufacture of Other Transport Equipment

      1.39511

      2.34

      1.74

      1.93

      3.21

      4.31

      4

      (U). Manufacture of Furniture

      0.82618

      -0.58

      -0.1

      0.19

      3.83

      5.68

      5.03

      (V). Other Manufacturing

      2.03798

      32.52

      31.54

      32.89

      26.21

      21.87

      20.55

      FOOD INDEX

      24.99851

      -0.36

      1.27

      1.92

      3.29

      4.49

      6.14

       (P)-Provisional, (F)-Final

      Annexure-III

      Cumulative WPI for All Commodities, Major Groups, and Groups

      Groups/Major Groups

      Commodity Weight

      Apr-Jun 2023

      Apr-Jun 2024

      Apr-Jun 2025

      Apr-Jun 2026

      ALL COMMODITIES

      100.00000

      98.6

      100.3

      100.3

      109.7

      I. PRIMARY ARTICLES

      22.75730

      102.5

      110.2

      108.4

      114.2

      (A). Food Articles

      15.97835

      103.9

      114.2

      111.2

      115.5

      (B). Non-Food Articles

      5.52841

      98.9

      98

      99.5

      108.8

      (C). Minerals

      1.25054

      100.8

      113.8

      112.8

      121.2

      II. FUEL AND POWER

      14.11433

      92

      91.2

      87.6

      111.7

      (A). Coal and Lignite

      0.74136

      92.6

      89.3

      89

      87.4

      (B). Mineral Oils

      8.19208

      89.9

      90

      84.7

      123.4

      (C). Electricity

      4.46349

      95.2

      92

      92.6

      91

      (D). Crude Petroleum & Natural Gas

      0.71740

      94.3

      101.5

      87.6

      131.9

      III. MANUFACTURED PRODUCTS

      63.12837

      98.7

      98.8

      100.3

      107.5

      (A). Manufacture of Food Products

      9.02016

      98.2

      100.3

      105.8

      112.1

      (B). Manufacture of Beverages

      0.90483

      102.4

      103.7

      103.8

      105

      (C). Manufacture of Tobacco Products

      0.27645

      103.9

      106.8

      109

      123.5

      (D). Manufacture of Textiles

      4.08993

      93.6

      92.7

      92.2

      100.9

      (E). Manufacture of Wearing Apparel

      1.32948

      102.4

      104.2

      108.1

      111.7

      (F). Manufacture of Leather and Related Products

      0.54137

      101.3

      101.3

      104

      108.1

      (G). Manufacture Of Wood and Products of Wood and Cork, except Furniture; Manufacture of Articles of Straw and Plaiting Materials

      1.07718

      102

      103.1

      107.2

      116.1

      (H). Manufacture of Paper and Paper Products

      1.15328

      92.6

      89.2

      91.3

      93.8

      (I). Printing and Reproduction of Recorded Media

      0.42618

      103.1

      104.3

      104.1

      107.4

      (J). Manufacture of Chemicals and Chemical Products

      6.12567

      93.9

      91.1

      90.6

      102.5

      (K). Manufacture of Basic Pharmaceutical Products and Pharmaceutical Preparations 

      2.20102

      101

      99.4

      99.4

      102.3

      (L). Manufacture of Rubber and Plastic Products

      2.71467

      96.1

      95.4

      96.3

      105.8

      (M). Manufacture of Other Non-Metallic Mineral Products

      2.84074

      99.3

      96.5

      97.7

      99.2

      (N). Manufacture of Basic Metals

      8.41133

      96.4

      94.7

      92.7

      103.6

      (O). Manufacture of Fabricated Metal Products, except Machinery and Equipment

      4.13294

      100.4

      100.2

      99.5

      105.3

      (P). Manufacture of Computer, Electronic and Optical Products

      2.07628

      98.5

      96.5

      103.6

      102.6

      (Q). Manufacture of Electrical Equipment

      2.64318

      100.8

      101.8

      103

      113.9

      (R). Manufacture of Machinery and Equipment n.e.c.

      3.46796

      102.1

      102.2

      103.1

      105.3

      (S). Manufacture of Motor Vehicles, Trailers and Semi-Trailers

      5.43645

      103.1

      106.3

      105.8

      107.4

      (T). Manufacture of Other Transport Equipment

      1.39511

      101

      101.3

      102.4

      106.4

      (U). Manufacture of Furniture

      0.82618

      101.9

      101.6

      101.1

      106

      (V). Other Manufacturing

      2.03798

      104.7

      113

      128.2

      157.5

      FOOD INDEX

      24.99851

      101.9

      109.2

      109.2

      114.3

      Note: Cumulative Index has been calculated by taking Arithmetic Mean of 3 months indices

       

      Annexure-IV

       Cumulative WPI Inflation Rate (YoY) for All Commodities, Major Groups, and Groups

      Groups/Major Groups

      Weight

      Apr-Jun 2024

      Apr-Jun 2025

      Apr-Jun 2026

      All Commodities

      100.00000

      1.72

      0

      9.37

      I. Primary Articles

      22.75730

      7.51

      -1.63

      5.35

      (A). Food Articles

      15.97835

      9.91

      -2.63

      3.87

      (B). Non-Food Articles

      5.52841

      -0.91

      1.53

      9.35

      (C). Minerals

      1.25054

      12.9

      -0.88

      7.45

      II. Fuel and Power

      14.11433

      -0.87

      -3.95

      27.51

      (A). Coal and Lignite

      0.74136

      -3.56

      -0.34

      -1.8

      (B). Mineral Oils

      8.19208

      0.11

      -5.89

      45.69

      (C). Electricity

      4.46349

      -3.36

      0.65

      -1.73

      (D). Crude Petroleum & Natural Gas

      0.71740

      7.64

      -13.69

      50.57

      III. Manufactured Products

      63.12837

      0.1

      1.52

      7.18

      (A). Manufacture of Food Products

      9.02016

      2.14

      5.48

      5.95

      (B). Manufacture of Beverages

      0.90483

      1.27

      0.1

      1.16

      (C). Manufacture of Tobacco Products

      0.27645

      2.79

      2.06

      13.3

      (D). Manufacture of Textiles

      4.08993

      -0.96

      -0.54

      9.44

      (E). Manufacture of Wearing Apparel

      1.32948

      1.76

      3.74

      3.33

      (F). Manufacture of Leather and Related Products

      0.54137

      0

      2.67

      3.94

      (G). Manufacture of Wood and Products of Wood and Cork, except Furniture; Manufacture of Articles of Straw and Plaiting Materials

      1.07718

      1.08

      3.98

      8.3

      (H). Manufacture of Paper and Paper Products

      1.15328

      -3.67

      2.35

      2.74

      (I). Printing and Reproduction of Recorded Media

      0.42618

      1.16

      -0.19

      3.17

      (J). Manufacture of Chemicals and Chemical Products

      6.12567

      -2.98

      -0.55

      13.13

      (K). Manufacture of Basic Pharmaceutical Products and Pharmaceutical Preparations 

      2.20102

      -1.58

      0

      2.92

      (L). Manufacture of Rubber and Plastic Products

      2.71467

      -0.73

      0.94

      9.87

      (M). Manufacture of Other Non-Metallic Mineral Products

      2.84074

      -2.82

      1.24

      1.54

      (N). Manufacture of Basic Metals

      8.41133

      -1.76

      -2.11

      11.76

      (O). Manufacture of Fabricated Metal Products, except Machinery and Equipment

      4.13294

      -0.2

      -0.7

      5.83

      (P). Manufacture of Computer, Electronic and Optical Products

      2.07628

      -2.03

      7.36

      -0.97

      (Q). Manufacture of Electrical Equipment

      2.64318

      0.99

      1.18

      10.58

      (R). Manufacture of Machinery and Equipment n.e.c.

      3.46796

      0.1

      0.88

      2.13

      (S). Manufacture of Motor Vehicles, Trailers and Semi-Trailers

      5.43645

      3.1

      -0.47

      1.51

      (T). Manufacture of Other Transport Equipment

      1.39511

      0.3

      1.09

      3.91

      (U). Manufacture of Furniture

      0.82618

      -0.29

      -0.49

      4.85

      (V). Other Manufacturing

      2.03798

      7.93

      13.45

      22.85

      Food Index

      24.99851

      7.16

      0

      4.67

      Provisional Estimates of Output Producer Price Index (Base Year 2022-23) for the month of June 2026

      1. Key highlights of Output PPI (Base Year 2022-23) for June 2026
      1. All India Output PPI for All Commodities for June 2026 stands at 109.9, whereas it was 109.6 in May 2026.
      2. WPI indices for Agriculture, Forestry and Fishing; Mining and Quarrying; Manufactured Products; and Electricity are 114.1, 121.5, 109.2, and 92.0, respectively, in June 2026, whereas they were 111.9, 122.3, 109.5, and 90.2, respectively, in May 2026.
      3. Monthly indices for All Commodities and Major Groups, for the past 13 months are presented in the charts below.

      Chart 5: Output PPI for All Commodities

      Chart 6: Output PPI across Major Groups

      1. The final index of Output PPI for the month of April 2026 has been revised from 108.6 (Provisional estimate) to 108.8.
      2. Output PPI for All Commodities, Major Groups, and Groups for the last six months is given at Annexure-V.
      3. Cumulative Output PPI for All Commodities, Major Groups, and Groups from April to June for FY for FY 2023-24, FY 2024-25, FY 2025-26, and FY 2026-27 is given at Annexure-VI.
      4. SUT category-wise index pertaining to Output PPI (Base Year 2022-23) series from April 2023 to June 2026 is available at (https://eaindustry.nic.in/download_data_2223.asp).

      Annexure-V

      Output PPI for All Commodities, Major Groups and Groups for last six months

      Groups/Major Groups

      Weight

      Jan-26 (F)

      Feb-26 (F)

      Mar-26 (F)

      Apr-26 (F)

      May-26 (P)

      Jun-26 (P)

      ALL COMMODITIES

      100.00000

      102.6

      103.3

      104.9

      108.8

      109.6

      109.9

      AGRICULTURE, FORESTRY AND FISHING

      22.15648

      111.3

      110.8

      110.6

      111.4

      111.9

      114.1

      Crop and Animal Production, Hunting and Related Service Activities 

      19.03219

      111.7

      111.3

      111

      111.5

      111.8

      114.3

      Forestry and Logging

      1.67481

      114.4

      115

      115.4

      116.7

      117.2

      118

      Fishing and Aquaculture

      1.44948

      102.7

      99.3

      100.1

      103.2

      106.9

      106.6

      MINING AND QUARRYING

      3.42065

      106.9

      109.9

      117

      125.2

      122.3

      121.5

      Mining of Metal Ores

      0.70792

      158.6

      168

      171.5

      174.7

      174.8

      178.7

      Mining of Coal and Lignite

      0.7398

      86.2

      86.5

      87.8

      87.7

      86.6

      87.9

      Other Mining and Quarrying

      1.23208

      103.2

      103.2

      100.5

      109.9

      105.2

      113.1

      Extraction of Crude Petroleum and Natural Gas

      0.74085

      84.5

      88.9

      121.7

      141

      136.2

      114.2

      MANUFACTURED PRODUCTS

      69.93568

      100.1

      101.2

      103.4

      108.3

      109.5

      109.2

      (A). Manufacture of Food Products

      8.47196

      107.5

      108.3

      109.2

      111

      112.2

      113.2

      (B). Manufacture of Beverages

      0.8417

      103.1

      102.7

      102.8

      104.6

      105.5

      105.5

      (C). Manufacture of Tobacco Products

      0.25705

      111.9

      125.9

      125.9

      125.4

      126.7

      127.4

      (D). Manufacture of Textiles

      4.38774

      93.7

      95

      97.8

      100.9

      103.1

      104.3

      (E). Manufacture of Wearing Apparel

      1.20494

      108.8

      108.7

      108.7

      109.9

      111.2

      110.8

      (F). Manufacture of Leather and Related Products

      0.49989

      103.1

      103.6

      104.2

      105.9

      107.2

      107.3

      (G). Manufacture of Wood and Products of Wood and Cork, except Furniture; Manufacture of Articles of Straw and Plaiting Materials

      1.08949

      108.1

      108.3

      110.3

      113.3

      114.4

      114.8

      (H). Manufacture of Paper and Paper Products

      1.03128

      90.3

      90.7

      91.6

      93.9

      94.1

      94.1

      (I). Printing and Reproduction of Recorded Media

      0.30931

      105.6

      106.1

      107.1

      109.3

      109.4

      109.6

      (J). Manufacture of Coke and Refined Petroleum Products

      7.14818

      84.5

      85.7

      92.7

      121.1

      125.1

      122.3

      (K). Manufacture of Chemicals and Chemical Products

      5.74793

      91.5

      92.2

      97.3

      103.3

      102.7

      103

      (L). Manufacture of Basic Pharmaceuticals, Medicinal Chemical and Botanical Products

      1.92807

      100.7

      100.6

      101.8

      103.2

      103.1

      103

      (M). Manufacture of Rubber and Plastic Products

      2.57252

      95.9

      96.9

      102.5

      106.7

      105.7

      106.8

      (N). Manufacture of Other Non-Metallic Mineral Products

      2.50437

      96

      95.8

      96.4

      99

      98.7

      99.5

      (O). Manufacture of Basic Metals

      7.465

      94.3

      96.6

      99

      102.7

      103.9

      102.7

      (P). Manufacture of Fabricated Metal Products, except Machinery and Equipment

      3.15198

      99.3

      100.4

      101.1

      102.3

      103.6

      104

      (Q). Manufacture of Computer, Electronic and Optical Products

      1.7748

      104.4

      104.6

      104.6

      104.3

      106

      104.7

      (R). Manufacture of Electrical Equipment

      3.81453

      103.1

      104

      104.4

      105.7

      107.1

      107.9

      (S). Manufacture of Machinery and Equipment n.e.c.

      2.46158

      104.1

      104.7

      104.8

      105.7

      105.7

      105.6

      (T). Manufacture of Motor Vehicles, Trailers and Semi-Trailers

      4.39321

      106.4

      106.9

      106.6

      107.4

      108.8

      107.6

      (U). Manufacture of Other Transport Equipment

      1.34392

      106

      106.1

      106.4

      107.2

      107.5

      107.6

      (V). Manufacture of Furniture

      0.73566

      102.9

      103.2

      103.7

      105.3

      105.2

      105.4

      (W). Other Manufacturing

      6.80057

      115.9

      118.3

      119.9

      120.9

      122

      121

      ELECTRICITY

      4.48719

      94.5

      94.5

      91.1

      90.8

      90.2

      92

      Electricity

      4.48719

      94.5

      94.5

      91.1

      90.8

      90.2

      92

        (P)-Provisional, (F)-Final

      Annexure-VI

      Cumulative Output PPI for All Commodities, Major Groups and Groups

      Groups/Major Groups

      Weight

      Apr-Jun 2023-24

      Apr-Jun 2024-25

      Apr-Jun 2025-26

      Apr-Jun 2026-27

      ALL COMMODITIES

      100.00000

      98.6

      100.1

      100.3

      109.4

      AGRICULTURE, FORESTRY AND FISHING

      22.15648

      102.8

      108.6

      107.2

      112.5

      Crop and Animal Production, Hunting and Related Service Activities 

      19.03219

      102.7

      108.7

      106.9

      112.5

      Forestry and Logging

      1.67481

      102.5

      112.7

      115.1

      117.3

      Fishing and Aquaculture

      1.44948

      104.5

      102.2

      101.6

      105.6

      MINING AND QUARRYING

      3.42065

      97.1

      105.6

      103.5

      123

      Mining of Metal Ores

      0.70792

      107

      126.3

      141.8

      176.1

      Mining of Coal and Lignite

      0.7398

      92.6

      89.3

      89

      87.4

      Other Mining and Quarrying

      1.23208

      98.4

      107.9

      102.9

      109.4

      Extraction of Crude Petroleum and Natural Gas

      0.74085

      89.9

      98.2

      82.6

      130.5

      MANUFACTURED PRODUCTS

      69.93568

      97.6

      97.6

      98.5

      109

      (A). Manufacture of Food Products

      8.47196

      97.1

      99.5

      105.7

      112.1

      (B). Manufacture of Beverages

      0.8417

      102.5

      103.9

      104

      105.2

      (C). Manufacture of Tobacco Products

      0.25705

      103.8

      106.8

      109.3

      126.5

      (D). Manufacture of Textiles

      4.38774

      93.7

      93

      92.4

      102.8

      (E). Manufacture of Wearing Apparel

      1.20494

      101.9

      103.3

      107.3

      110.6

      (F). Manufacture of Leather and Related Products

      0.49989

      100.8

      100.3

      102.6

      106.8

      (G). Manufacture of Wood and Products of Wood and Cork, except Furniture; Manufacture of Articles of Straw and Plaiting Materials

      1.08949

      102

      102.6

      106.1

      114.2

      (H). Manufacture of Paper and Paper Products

      1.03128

      92.6

      89.3

      91.5

      94

      (I). Printing and Reproduction of Recorded Media

      0.30931

      103.8

      105

      105.3

      109.4

      (J). Manufacture of Coke and Refined Petroleum Products

      7.14818

      90

      90

      84.7

      122.8

      (K). Manufacture of Chemicals and Chemical Products

      5.74793

      94.1

      91.2

      91.1

      103

      (L). Manufacture of Basic Pharmaceuticals, Medicinal Chemical and Botanical Products

      1.92807

      101.7

      99.2

      99.4

      103.1

      (M). Manufacture of Rubber and Plastic Products

      2.57252

      96.2

      95.5

      96.3

      106.4

      (N). Manufacture of Other Non-Metallic Mineral Products

      2.50437

      99.1

      96.2

      97.1

      99.1

      (O). Manufacture of Basic Metals

      7.465

      96.2

      94.6

      92

      103.1

      (P). Manufacture of Fabricated Metal Products, except Machinery and Equipment

      3.15198

      99.5

      99.5

      98.4

      103.3

      (Q). Manufacture of Computer, Electronic and Optical Products

      1.7748

      98.4

      95.7

      107.1

      105

      (R). Manufacture of Electrical Equipment

      3.81453

      99.8

      99.3

      100.6

      106.9

      (S). Manufacture of Machinery and Equipment n.e.c.

      2.46158

      102.2

      102.7

      103.2

      105.7

      (T). Manufacture of Motor Vehicles, Trailers and Semi-Trailers

      4.39321

      103.3

      106.5

      106

      107.9

      (U). Manufacture of Other Transport Equipment

      1.34392

      101.4

      101.6

      103.4

      107.4

      (V). Manufacture of Furniture

      0.73566

      101.9

      101.4

      101.5

      105.3

      (W). Other Manufacturing

      6.80057

      101.6

      103.1

      108.1

      121.3

      ELECTRICITY

      4.48719

      95.2

      92

      92.6

      91

      Electricity

      4.48719

      95.2

      92

      92.6

      91

      Note: Cumulative Index has been calculated by taking Arithmetic Mean of 3 months indices

      Provisional Estimates of Trial Input Producer Price Index (IPPI) (Base Year 2022-23) for the month of June 2026

      1. All India trial Input PPI for Manufacturing Sector for June 2026 stands at 107.1 (Provisional estimate).
      2. Trial Input PPI for Manufacturing Sector for the month of April 2026 has been revised from 104.9 (provisional estimate) to 104.2 (final estimate).
      3. Trial Input PPI for all Manufacturing Industries at NIC-2-digit, for the months of March, April May, and June 2026 is given below.

      Trial Input PPI for all Manufacturing Industries at NIC-2-digit

      Industry Group

      Weight

      Mar-26
      (F)

      Apr-26
      (F)

      May-26
      (P)

      Jun-26
      (P)

      Manufacturing Sector

      100.00000

      100.9

      104.2

      104.9

      107.1

      (A). Manufacture of Food Products

      14.84638

      107.1

      108.3

      110.5

      112.2

      (B). Manufacture of Beverages

      1.03035

      106

      104.5

      104.8

      105.5

      (C). Manufacture of Tobacco Products

      0.26443

      128

      124.7

      125.7

      123.4

      (D). Manufacture of Textiles

      5.88918

      95.5

      100.8

      103.1

      107.8

      (E). Manufacture of Wearing Apparel

      1.57012

      105.6

      106.6

      108.3

      109.6

      (F). Manufacture of Leather and Related Products

      0.77634

      96.3

      96

      96.2

      96

      (G). Manufacture of Wood and Products of Wood and Cork, Except Furniture; Manufacture of Articles of Straw and Plaiting Materials

      1.82194

      99.7

      110.8

      110.8

      112.3

      (H). Manufacture of Paper and Paper Products

      0.87494

      95.1

      96.8

      97.1

      97

      (I). Printing and Reproduction of Recorded Media

      0.46606

      96.4

      98.3

      101.2

      98.5

      (J). Manufacture of Coke and Refined Petroleum Products

      12.3291

      98.2

      105.2

      105.8

      113.5

      (K). Manufacture of Chemicals and Chemical Products

      7.98919

      100.9

      107.9

      111.8

      112.5

      (L). Manufacture of Basic Pharmaceutical Products and Pharmaceutical Preparations 

      2.40463

      98.2

      103.5

      104.9

      105.6

      (M). Manufacture of Rubber and Plastic Products

      3.40235

      105.9

      109.8

      111.9

      112.1

      (N). Manufacture of Other Non-Metallic Mineral Products

      3.28306

      92.3

      96.4

      93.2

      92.6

      (O). Manufacture of Basic Metals

      11.25229

      98.3

      100.6

      98.5

      99.2

      (P). Manufacture of Fabricated Metal Products, except Machinery and Equipment

      5.59239

      99.7

      102.2

      103.9

      105.4

      (Q). Manufacture of Computer, Electronic and Optical Products

      2.22964

      108

      108.2

      108.4

      111.5

      (R). Manufacture of Electrical Equipment

      3.64437

      111.5

      113.4

      115.8

      117.7

      (S). Manufacture of Machinery and Equipment n.e.c.

      5.07784

      102.2

      105

      102.7

      105.3

      (T). Manufacture of Motor Vehicles, Trailers and Semi-Trailers, and Manufacture of Other Transport Equipment

      10.49446

      101.5

      102.8

      104.1

      104.9

      (U). Manufacture of Furniture

      0.98353

      97.6

      101.1

      101.6

      98.6

      (V). Other Manufacturing

      3.77741

      88.9

      88.4

      83.1

      88

       (P)-Provisional, (F)-Final

      Topics

      ActsIncome Tax