Indian Economy News

January 16, 2026

India's chemical market pegged at US$ 300 billion by 2030: BCG report

A Boston Consulting Group (BCG) report projects that India’s chemical market could reach Rs. 24,900 billion (US$ 300 billion) by 2030, driven by domestic demand, policy support, and export opportunities.

On National Startup Day, Prime Minister Mr. Narendra Modi will participate in a programme marking a decade of Startup India on 16 January

Prime Minister Mr. Narendra Modi will participate in a programme on 16 January 2026 to celebrate a decade of the Startup India initiative and interact with members of the country’s vibrant startup ecosystem.

India Records Services Trade Surplus of US$ 18.12 Billion in December

India’s services exports in December 2025 outpaced imports, resulting in a sizeable services trade surplus of Rs. 1.50 lakh crore (US$ 18.12 billion) amid resilient external demand and ongoing global trade dynamics.

India, EU aim to have FTA ready ahead of leaders' meet on January 27: Commerce secretary

India and the European Union are striving to finalise a Free Trade Agreement (FTA) ahead of the scheduled India-EU leaders’ summit on 27 January 2026, aiming to enhance bilateral trade and market access.

Uttarakhand topped NITI Aayog’s Export Preparedness Index (EPI) for small states

Uttarakhand has secured the first position in the small states category of the Export Preparedness Index (EPI) 2024 released by NITI Aayog, reflecting strong export readiness and a supportive policy environment.

Zydus Lifesciences gets USFDA nod for generic blood disorder drug

Zydus Lifesciences has received final approval from the US Food and Drug Administration for its generic Eltrombopag tablets, strengthening its presence in the US generics market. 

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