August 13, 2026: India’s total exports, including merchandise and services, rose 13.3% year-on-year to an estimated $80.14 billion in July, while NITI Aayog identified 12 priority sectors with potential to strengthen India’s position as a global manufacturing hub.
Top Business & Economy Headlines
- India’s Exports Rise 13.3% to $80.14 Billion in July
India’s total exports of merchandise and services are estimated at $80.14 billion in July 2026, registering 13.3% year-on-year growth. The Commerce Ministry’s provisional data showed merchandise exports led the overall export performance. - NITI Aayog Identifies 12 Priority Sectors to Boost Manufacturing
NITI Aayog Vice Chairperson Ashok Kumar Lahiri released a report identifying 12 priority sectors with strong potential for global competitiveness, domestic value addition, job creation and deeper integration into global value chains. - Global Crude Oil Prices Fall as Brent Drops 1.8%
Global crude oil prices declined on August 13 as investors assessed prospects of weaker global demand and higher US crude inventories. Brent crude fell 1.8% to $87.41 per barrel, while West Texas Intermediate also declined. - Rupee Falls 10 Paise to Close at ₹95.44 Against US Dollar
The Indian rupee depreciated by 10 paise against the US dollar in the forex market on August 13. The currency ended the session at ₹95.44 per US dollar. - Asian Markets Gain, European Indices Show Mixed Trend
Asian markets advanced, with South Korea’s Kospi gaining nearly 3.6% and Japan’s Nikkei 225 rising around 1.2%. European markets showed a mixed trend, with Germany’s DAX up 0.4% while London’s FTSE 100 declined 0.3%.