Indian Economy News

July 08, 2025

Automobile retail sales rise 5% in June, passenger vehicles up 2.5%: Federation of Automobile Dealers Associations (FADA)

Retail sales of passenger vehicles in India grew 2.5% YoY in June 2025, with overall automobile sales rising 5%, reflecting strong demand across all segments.

Prime Minister Mr. Narendra Modi calls for responsible Artificial Intelligence (AI), invites BRICS nations to AI Impact Summit

Prime Minister Mr. Narendra Modi, at the BRICS Summit, called for ethical, inclusive Artificial Intelligence (AI) governance and deeper multilateral cooperation across science, agriculture, and sustainable development.

Significant reforms implemented in past 11 years to boost mining sector: Union Minister for Coal and Mines, Mr. Gangapuram Kishan Reddy

India’s mining sector is witnessing tech-driven reforms and record growth, with Rajasthan posting a 24% royalty surge and inviting sustainable, responsible investments.

The United States, Japan, Hong Kong drive foreign investment into India's real estate market

Foreign institutional investment in Indian real estate jumped 242% QoQ in Q2 2025 to US$ 1.19 billion, driven by renewed interest in commercial assets from the United States, Japan, and Hong Kong.

India aims to double maize output to 86 million tonnes by 2047: Union Minister for Agriculture and Farmers’ Welfare and Rural Development, Mr. Shivraj Singh Chouhan

India aims to more than double its maize production to 86 million tonnes by 2047, driven by high-yield seeds, higher starch content and crop diversification.

Tata Steel ties up with InQuik to bring Modular Bridge Technology to India for faster bridge construction

Tata Steel and Australia’s InQuik Group have partnered to roll out rapid, modular bridge systems across India, boosting rural connectivity with smart, durable infrastructure.

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