Latest News on the Indian Economy

India's telecom base crosses 1.35 billion in July as broadband, mobile subscriptions rise: TRAI

TRAI's July 2026 data shows India's total telephone subscribers rising to 1354.28 million, with broadband subscribers reaching 1094.48 million and overall tele-density improving to 94.68%.

Prime Minister Mr. Narendra Modi conferred with “Oliy Darajali Do’stlik” Order, Uzbekistan’s highest honour for foreign leaders

Uzbekistan conferred its highest honour for foreign leaders on Prime Minister Mr. Narendra Modi, underscoring the deepening India-Uzbekistan Comprehensive Strategic Partnership and longstanding civilisational ties. 

Finance Minister Ms. Nirmala Sitharaman highlights India’s vast market size and long-term investment potential at Chicago Business Roundtable

India is positioning itself as a long-term investment and global production platform, with opportunities spanning advanced manufacturing, AI, semiconductors, digital infrastructure, financial services and emerging technologies. 

Commerce Secretary Mr. Rajesh Agrawal leads 4th India-Argentina JTC meeting; both sides reaffirm commitment to deepen strategic and economic partnership

India and Argentina advanced cooperation across lithium, agriculture, pharmaceuticals, digital technologies and trade facilitation, with bilateral trade crossing US$ 6.50 billion in 2025.

NBFCs enter new cyclical recovery, PAT seen rising 24% in FY27: Motilal Oswal

Motilal Oswal expects NBFC sector PAT to rise 24% in FY27 and 18% in FY28, driven by improving loan growth and asset quality. The report flagged crude oil prices, monsoon conditions and interest rate risks as key monitorables.

Indian logistics hubs outperform Asia Pacific markets on rental growth

India's key logistics markets outperformed the Asia Pacific region, led by Mumbai's 5.3% rental growth. Experts expect India's logistics real estate market to sustain steady growth on strong manufacturing and consumption demand.