Economy news

• India's digital sector faces competition, policy and tech challenges despite strong growth outlook

  21-06-2026 18:41 via timesofindia.indiatimes.com
  
  India's digital connectivity sector is poised for growth but faces intense competition from new players and global tech giants. Companies must innovate and invest heavily in technology to stay ahead. While satellite connectivity may serve niche markets, terrestrial solutions like FWA are expected to dominate. Cybersecurity and evolving regulations will also significantly shape the industry's future, with economic conditions potentially impacting demand.
  
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• Brexit at 10: Why Britain is still divided over leaving European Union

  21-06-2026 16:35 via timesofindia.indiatimes.com
  
  Ten years on, the Brexit debate rages, with economic promises unmet and businesses facing EU trade hurdles. While EU migration dipped, non-EU arrivals rose, though public ire now targets Channel crossings.Politically, the landscape shifted dramatically.Despite growing sentiment for rejoining the EU, current leadership rules out a return, focusing instead on easing trade friction with Brussels.
  
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• India-US trade deal enters final lap as ministerial talks to begin this week

  21-06-2026 15:30 via timesofindia.indiatimes.com
  
  India and the US are poised for crucial trade talks this week, aiming to finalize the first phase of their bilateral trade agreement. Discussions will focus on the interim pact's framework, especially as a temporary US tariff expires next month. India seeks to regain a competitive edge over rival exporters through a revised tariff structure, underscoring the significance of these negotiations for bilateral trade.
  
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• Gold, silver rates outlook: Bullion investors to track US-Iran talks, crude oil trends and key global data next week

  21-06-2026 13:33 via timesofindia.indiatimes.com
  
  Gold and silver prices are poised for volatility this week, heavily influenced by US-Iran negotiations in Switzerland and crude oil market shifts. Analysts are closely monitoring these talks, which could impact global risk sentiment and energy prices. Domestic markets will observe Muharram closures. Precious metals saw a dip last week due to a stronger rupee and easing safe-haven demand, with global factors like the US dollar also playing a role.
  
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• ADB to maintain private sector funding pace in India, eyes $1 billion support in 2026

  21-06-2026 13:05 via timesofindia.indiatimes.com
  
  India continues to be the Asian Development Bank's top market for private sector investments. The ADB plans to inject approximately $1 billion in direct financing this year, aligning with India's development goals. This follows a significant $2 billion channeled into India's private sector last year. The bank will maintain this momentum, focusing on green energy, e-mobility, and urban infrastructure, while also boosting trade and supply chain finance.
  
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• India ramps up Russian, UAE oil purchases as refiners hedge ahead of Hormuz reopening

  21-06-2026 12:40 via timesofindia.indiatimes.com
  
  India's crude oil imports from Russia surged in June, solidifying Moscow's position as the top supplier, while UAE shipments remained strong. This strategic diversification aims to secure energy supplies amidst ongoing uncertainties surrounding the Strait of Hormuz. Despite a gradual reopening of the strait, refiners are maintaining robust purchases from alternative sources, indicating a lasting shift in India's energy sourcing strategy.
  
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• India-EU FTA to open nearly entire European market for Indian exports by 2027: Goyal

  21-06-2026 12:12 via timesofindia.indiatimes.com
  
  India and the European Union are poised to sign their landmark free trade agreement by December, with implementation expected by early 2027. This pact promises Indian exporters near-zero duty access to the vast European market, opening up significant opportunities. Discussions are also progressing on trade deals with the US and Canada, highlighting India's growing global economic influence.
  
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• Top-10 firms gain Rs 2.15 lakh crore in a week; Airtel emerges biggest winner

  21-06-2026 11:28 via timesofindia.indiatimes.com
  
  Indian equity markets witnessed a significant surge last week, adding Rs 2.15 lakh crore to the valuation of nine out of the top 10 most valuable companies. Bharti Airtel emerged as the top gainer, followed by LIC and Bajaj Finance. This rally was fueled by improved global risk appetite and easing geopolitical concerns, boosting investor sentiment across the board.
  
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• Exports up 15% so far in June quarter despite global headwinds, says Piyush Goyal

  21-06-2026 10:45 via timesofindia.indiatimes.com
  
  India's merchandise exports have demonstrated remarkable resilience, surging approximately 15% from April 1 to June 14, despite global economic headwinds and increased US tariffs. Minister Piyush Goyal highlighted this robust growth, even as international trade faces significant challenges. This positive trend follows a strong May performance, underscoring India's continued strength in outbound shipments. Goyal also urged chartered accountants to contribute to India's developed nation goal, emph
  
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