Indian Economy News

March 30, 2026

RBI announces its ‘Payments Vision 2028’, outlining roadmap to strengthen & expand India’s rapidly growing digital payments ecosystem

The RBI’s Payments Vision 2028 aims to deepen trust, security, and interoperability in India’s digital payments ecosystem, while enabling smoother MSME financing and more efficient cross-border transactions.

Consensus-based decision-making remains central to WTO legitimacy, Union Minister of Commerce and Industry Mr. Piyush Goyal at WTO MC14

India reinforced its position as a key voice for inclusive multilateralism at WTO MC14, advocating consensus-led reforms, dispute settlement revival, and development-centric trade governance.

India Supplies 30% of Global Generic Medicines, MoS Health Anupriya Patel

India supplies nearly 30% of global generic medicines, reinforcing its position as a leading provider of affordable healthcare solutions worldwide.

India, EU sign aviation production pact to boost safety; Airbus helicopter assembly in Karnataka lined up

India and the EU have signed an aviation production pact to enhance safety and regulatory cooperation, with plans for Airbus helicopter assembly in Karnataka to boost domestic aerospace manufacturing.

India Conducted First BRICS Youth Coordination Meeting 2026

India conducted the first BRICS Youth Coordination Meeting 2026, setting the agenda for youth cooperation under its chairmanship with a focus on innovation, sustainability, and collaboration.

Coal India to invest US$ 357.0 million in 8 coking coal washeries, US$ 32.5 million for upgrades

Coal India plans to invest Rs. 3,300 crore (US$ 357.0 million) in new coking coal washeries and Rs. 300 crore (US$ 32.5 million) for upgrades to improve coal quality and reduce import dependence.

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