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    Industry celebrates 'landmark' FTA entry into force to catalyse India-UK trade
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    US Senators unveil bill for 100 per cent tariffs on India, four others for buying Russian oil
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    July 15, 2026
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    India-UK trade agreement enables tariff reductions, market access and digital trade facilitation for expanded cross-border commerce and investment.
    India-UK Comprehensive Economic and Trade Agreement (CETA) entered into force, establishing tariff reductions, expanded market access and greater certainty for cross-border trade and investment. Its 30 chapters cover trade in goods and services, sanitary and phytosanitary measures, technical barriers to trade, digital trade, intellectual property and government procurement. Trade-facilitation and digital provisions are intended to improve cross-border commerce, while the framework supports bilateral business, investment and collaboration across services, manufacturing, technology and healthcare sectors.
    July 15, 2026
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    Equity market rebound follows softer United States inflation, supporting expectations of a less aggressive Federal Reserve policy stance.
    Indian benchmark equity indices rebounded in early trading, supported by bank and selected large-cap shares after the preceding session's decline. Softer-than-expected United States consumer inflation strengthened expectations of a less aggressive Federal Reserve monetary-policy stance and supported global risk sentiment. Stronger United States equities, generally positive Asian markets, Brent crude movements and foreign institutional investor equity sales were identified as relevant market factors.
    July 15, 2026
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    Foreign exchange market conditions lifted the rupee early, but crude prices, investor outflows and geopolitical tensions restrained gains.
    Foreign exchange market conditions supported an early appreciation of the rupee against the US dollar, while elevated crude oil prices, foreign institutional investor outflows, higher US Treasury yields and West Asia tensions limited gains. A weaker dollar and positive domestic equity-market opening provided support. Intensified US-Iran conflict and risks to regional energy exports contributed to higher crude prices and dollar demand. Higher wholesale price inflation and growth in net direct tax collection formed part of the domestic economic backdrop.
    July 15, 2026
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    Proposed geopolitical tariffs would target major purchasers of Russian oil, alongside broad sanctions on Russia's economic sectors.
    Proposed United States legislation would authorise tariffs of up to 100 per cent on India, China, Slovakia, Hungary and Azerbaijan as major purchasers of Russian oil. It also contemplates broad blocking sanctions affecting Russia's energy, financial and defence sectors and designated persons. The tariffs would be narrowly targeted and subject to restricted waiver authority, while certain European purchasers of Russian gas would be exempted based on limited dependence and efforts to reduce reliance on Russia.
    July 14, 2026
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    Video-conference statement request in PNB fraud case pending decision on approver plea, with prosecution reply sought
    Purvi Modi, an accused in the Punjab National Bank fraud case, has sought permission to record her statement before the special CBI court through video conference. She has applied to become an approver, and the CBI has stated that her statement should be recorded before that application is decided. The court has sought the prosecution's response. Purvi Modi and her husband have already become approvers in a related money-laundering investigation conducted by the Enforcement Directorate.
    July 14, 2026
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    Rupee depreciation reflects crude oil pressures, safe-haven dollar demand, widening trade deficit, and rising global economic uncertainty
    The Indian rupee depreciated against the US dollar amid higher crude oil prices, renewed geopolitical concerns, increased safe-haven demand for the dollar, and rising global bond yields. Higher crude prices increased India's dollar-denominated import requirements, widened the trade deficit, and intensified foreign-exchange outflows. Merchandise exports increased year-on-year, but the trade deficit widened because of stronger imports. Wholesale price inflation also rose, while net direct tax collections increased on account of higher corporate tax receipts.
    July 14, 2026
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    Advanced technology in banking requires cybersecurity, internal controls, fraud prevention, and safeguards against data misuse.
    Banks were encouraged to use advanced technologies, including artificial intelligence, to expand their reach, improve operational efficiency, reduce costs, and enhance customer experience. This approach must be supported by robust cybersecurity, strong internal controls, and safeguards against fraud and misuse of data. The banking sector was also urged to serve all segments of the economy prudently, strengthen customer service, and consider developments involving the Central KYC Records Registry, counterfeit currency detection, MuleHunter, central bank digital currency, the Unified Lending Interface, Account Aggregator, FX Retail, and Retail Direct.
    July 14, 2026
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    Textile investment opportunities: Punjab promotes integrated value chains, single-window approvals, infrastructure, and export-focused industrial growth.
    Punjab's industrial policy aims to attract textile investment, expand employment and exports, and provide an industry-friendly environment through time-bound approvals, single-window and single-pen systems, and reduced bureaucratic obstacles. Punjab is promoted as having a complete textile value chain covering cotton cultivation, spinning, yarn, fabrics, knitting, processing, garments, manufacturing and exports. Its investment ecosystem is described as offering power tariffs, land facilities, transparent approvals, infrastructure and the Right to Business Act, while industry participation is encouraged to strengthen innovation, exports and inclusive economic growth.
    July 14, 2026
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    Betting proceeds laundering allegations link layered transactions and asset acquisitions to the Mahadev online betting syndicate investigation
    The Enforcement Directorate arrested Ebix Group chairman Vikas Garg under the Prevention of Money Laundering Act in an investigation concerning alleged laundering of proceeds from Mahadev Online Book and Skyexchange betting operations. The agency alleges that betting proceeds were routed through hawala entries, shell entities and layered transactions into entities owned or controlled by Garg, and used to acquire shares, securities and other assets. It further alleges that Garg acquired a controlling stake in EbixCash using such funds. The investigation concerns a franchise-based betting syndicate operating through multiple online platforms.
    July 14, 2026
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    Corporate tax growth strengthens direct tax collections, reflecting resilient profitability, advance tax payments, and improving compliance
    Net direct tax collections rose by 16.40 per cent to over Rs 6.51 lakh crore up to July 13, driven mainly by a 22 per cent increase in net corporate tax collections. Net non-corporate tax collections also increased, while Securities Transaction Tax collections grew by 48 per cent. Gross direct tax collections rose by 16.11 per cent, and refunds increased by 14.57 per cent. The collection trend was associated with resilient corporate profitability, stronger corporate advance tax payments, continued compliance and increasing formalisation.
    July 14, 2026
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    PMLA territorial jurisdiction in homebuyer fraud permits concurrent forum competence where alleged proceeds were acquired and concealed across locations
    Money-laundering proceedings arising from alleged cheating of homebuyers in a Gurugram real-estate project were transferred to the Special PMLA Court at Saket, Delhi, with prosecution continuing from its existing stage. The jurisdictional issue involved alleged acquisition of proceeds of crime at Gurugram and concealment of attached proceeds in Delhi, creating simultaneous jurisdiction for the PMLA courts at both locations. The underlying allegations include collection of funds before project licensing, fraudulent bookings, diversion of project funds, undervalued land transfers during insolvency, and diversion of public-sector bank loans.
    July 14, 2026
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    Forced-labour import ban strengthens trade controls, with DGFT inquiry procedures and government power to restrict identified goods.
    The Foreign Trade Policy, 2023 prohibits the import of goods produced or manufactured, wholly or partly, through forced labour. The central government may prohibit specific goods where an inquiry or other relevant evidence indicates forced-labour production. The Directorate General of Foreign Trade will conduct inquiries under the procedure prescribed in the Handbook of Procedures, 2023. Forced labour is defined by reference to the ILO Forced Labour Convention, 1930, as work or service exacted under threat of penalty without voluntary offer by the person concerned.
    July 14, 2026
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    Police leadership reshuffle strengthens economic-offences investigations and reallocates senior officers across intelligence, security, and district policing
    West Bengal reorganised its police leadership by transferring 28 IPS officers and five WBPS officers across investigative, intelligence, telecommunications, correctional, traffic, cyber and district-policing assignments. N R Babu became head of the Criminal Investigation Department while retaining additional charge of prisons, and Supratim Sarkar moved from the CID to Telecommunications. K Jayraman was appointed Director of the Directorate of Economic Offences in the context of the government's stated focus on alleged financial irregularities. Other changes included new leadership for the Special Task Force, Intelligence Branch, Bidhannagar Police, the Narayani Battalion and several districts, including revised postings in Baruipur following serious criminal incidents.
    July 14, 2026
    Show AI Summary
    Industrial collaboration platform combines policy advocacy, regulatory guidance and cross-border manufacturing partnerships to advance India's global industrial ambitions
    BGIF is presented as a Swadeshi-oriented industrial collaboration and policy platform connecting businesses, policymakers, investors, technocrats and innovators. Its functions include policy advocacy, regulatory guidance, sector-specific insights, investment access, fundraising support, deal structuring and business expansion. The forum operates through domestic chapters and an international network, and reports engaging in freight-related policy advocacy, participating in pre-Budget consultations, and facilitating a memorandum of understanding between an Indian manufacturer and an overseas partner for manufacturing cooperation and technology exchange. Its roadmap includes further chapters, international partnerships, industry conclaves and policy dialogues.
    July 14, 2026
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    Integrated agricultural trade hub near Vadhvan Port aims to strengthen exports through cold chains, logistics, and transparent trading
    Maharashtra has approved an international-standard agricultural market at Dapchari in Palghar district near the upcoming Vadhvan Port. Developed by the Maharashtra State Agricultural Marketing Board, the project will combine an international market, a market of national importance and Agricultural Produce Market Committees. Planned infrastructure includes wholesale and import-export facilities, cold chains, grading and packaging units, multimodal logistics, warehouses, testing laboratories, container terminals, railway siding, e-auctions and an export facilitation centre. The project aims to support transparent trading, post-harvest value addition, reduced losses and improved agricultural exports.
    July 14, 2026
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    Bilateral trade expansion with China coincides with a widening deficit, as India seeks greater market access and investment
    Bilateral trade between India and China increased in the first half of 2026, while the trade imbalance widened in China's favour. Chinese exports included electronics, telecommunications equipment, semiconductors, batteries, machinery, computers, chemicals, plastics and polymers. Indian exports included minerals, refined fuels, chemicals, electronics, agricultural and marine products, metals, gems, jewellery and pharmaceuticals. India continues to seek improved Chinese market access for information technology, pharmaceutical and agricultural products, alongside greater Chinese investment in India. Discussions also focus on expanding the range of traded goods and applying consumer-protection mechanisms while enabling increased Indian exports.
    July 14, 2026
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    Language-policy challenges and religious-practice arrangements highlight legal developments alongside deportation reform and criminal investigation measures.
    The Supreme Court sought responses on challenges to the CBSE three-language requirement for Class 9 students and directed that Muslims be provided a separate open space adjacent to the disputed Bhojshala site for Friday prayers. A special NIA court issued a non-bailable warrant against Hafiz Saeed in connection with an investigation into the Pahalgam terror attack. The United Kingdom initiated a legislative change intended to remove an obstacle to deporting a grooming-gang leader to Pakistan.
    July 14, 2026
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    India-Maldives FTA negotiations advance market access, investment facilitation and broader economic cooperation through eight technical sessions
    The first round of India-Maldives Free Trade Agreement negotiations concluded after virtual, text-based discussions across eight technical sessions and eight policy areas. The parties made substantive progress and reached broad convergence on several issues. The proposed FTA is intended to enhance market access, facilitate investment, promote economic cooperation and support sustainable economic growth. Both sides are pursuing a broad-based, balanced and comprehensive agreement guided by fairness and reciprocity, while also seeking deeper cooperation in tourism, startups, digital payments, MSMEs and trade.
    July 14, 2026
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    Business excellence recognition highlights Explore Touristhub Holidays LLP's personalized travel planning, service quality, and customer-focused holiday experiences.
    Explore Touristhub Holidays LLP received recognition as a leading travel agency for memorable holiday experiences. The recognition highlighted its personalized holiday planning, customer satisfaction, itinerary innovation, and contribution to India's travel and tourism sector. The company provides leisure holidays, corporate travel management, MICE services, educational tours, group departures, honeymoon packages, pilgrimage tours, and customized travel experiences. Its service approach emphasizes tailored itineraries, quality hospitality, safety, seamless execution, competitive pricing, reliable support, and assistance throughout the journey.
    July 14, 2026
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    Rupee depreciation reflects crude oil pressures, geopolitical uncertainty, safe-haven dollar demand, widening trade deficit, and rising inflation
    The rupee depreciated against the US dollar amid higher crude oil prices, renewed geopolitical concerns and increased demand for safe-haven dollar assets. Rising crude prices increased India's dollar-denominated import burden and contributed to foreign exchange outflows and pressure on the domestic currency. India's exports increased year-on-year in June, but the trade deficit widened as imports, particularly crude oil imports, rose. Wholesale price inflation also increased, while net direct tax collections recorded year-on-year growth, primarily reflecting higher corporate tax collections.

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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