Economy news

• More brands in store, but price cuts may lag

  19-07-2026 22:22 via timesofindia.indiatimes.com
  
  New British brands are expected to enter Indian markets, offering consumers more retail choices.While duty cuts are beneficial, rupee depreciation may limit immediate price reductions.Some brands are pausing price hikes and reducing costs on specific product categories.Global supply chain issues and currency volatility also impact pricing strategies for businesses.Over time, consumers can anticipate more competitive pricing as import duties are further reduced.
  
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• Industry seeks changes to Companies Bill

  19-07-2026 22:16 via timesofindia.indiatimes.com
  
  The corporate sector proposes changes to the Companies Act amendment bill.Industry executives seek greater flexibility in conducting general meetings.Proposals related to auditor cooling-off periods are causing significant concern.Firms argue these changes could limit professional capabilities and increase costs.The government aims to enhance audit quality and auditor independence through these amendments.
  
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• Government may seek Parliamentary nod for additional spending

  19-07-2026 22:04 via timesofindia.indiatimes.com
  
  Finance Minister Nirmala Sitharaman may seek parliamentary approval for additional spending. Increased expenditure on fertiliser subsidies and electronics manufacturing initiatives is driving this need.GST and direct tax revenues remain on track, and DIPAM is pushing for additional realisations.The IDBI Bank transaction's finalisation could provide significant financial comfort.Sitharaman aims to maintain the government's fiscal deficit target of 4.3% of GDP.
  
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