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Indian equities swung in mid-July 2026 as the Sensex dropped 561 points on 14 July amid surging oil and the Middle East flare-up, then recovered the next session as pressure on the Strait of Hormuz eased. The rupee traded near 96 to the dollar.
The India-UK Comprehensive Economic and Trade Agreement took effect on 15 July 2026, making close to 99% of Indian exports duty-free in Britain, opening services, and cutting India's duty on UK-built cars from 110% to 10% in phases.
The United States will impose 25% tariffs on Brazilian imports from July 22 following a trade probe, Business Standard reported, exempting coffee, beef, oranges, orange juice, some energy products and aerospace components.
Trade trackers report the first half of 2026 was a record period for Hindi cinema, driven by 'Dhurandhar: The Revenge', which they call the highest-grossing Hindi film ever in India and which contributed nearly half of the industry's collections.
India and the European Union have signed their Broad-based Trade and Investment Agreement after seven years of talks, cutting tariffs on thousands of goods, creating a secure data corridor for India's IT sector and easing services mobility across all 27 member states.
The claim that climate action imposes prohibitive development costs on India is undercut by the country's own renewable-energy trajectory. The real choice is not growth versus climate, but a managed transition versus a disruptive crisis.
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