Indian Economy News

December 09, 2025

EPC sector emerges as a major job engine, poised for 25 mn roles by 2030

India’s EPC sector is projected to generate over 25 million jobs by 2030, driven by nationwide infrastructure expansion and rising demand for skilled engineering talent.

UPI Recognized as World’s Largest Real-Time Payment System by IMF

UPI strengthens its global leadership with a 49% share in real-time payments, supported by large-scale merchant integration and nationwide digital infrastructure initiatives driven by the Government, RBI, and NPCI.

India's smartphone export to US triples to US$ 1.47 billion in October

India’s smartphone exports surged sharply in 2025, led by a threefold rise in US shipments and strong global demand, reinforcing India’s growing role in global electronics manufacturing.

Indian and Asia Pacific banks maintain stronger capital than US and European peers: Moody's

Moody’s survey shows Asia-Pacific banks, including leading Indian private lenders, maintaining stronger capital buffers than peers in the US and Western Europe, driven by prudent regulation and robust internal capital generation.

India targets US$ 45 billion space economy driven by private firms

India is ramping up its space ambitions with plans for a domestic space station, a human lunar mission, and a rapidly expanding private space economy supported by a major national R&D push.

Odisha aims for 15 fully operational airports by 2047 to boost connectivity and aviation growth

Odisha is advancing an ambitious aviation expansion plan, targeting 15 fully-operational airports by 2047 to strengthen domestic and international air connectivity.

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