India’s private sector business activity hit an eight-month high in April, boosted by strong new orders and rising international demand, as the Composite PMI climbed to 60.0.

Union Minister of Labour & Employment and Youth Affairs & Sports, Mr. Mansukh Mandaviya, announced that nearly one million gig workers have registered on the e-Shram portal, with three to four million more registrations expected in the next three months.

India’s total exports in FY25 touched US$ 820.93 billion, driven by strong services growth and rising non-petroleum merchandise exports.

India’s digital commerce is set to grow fivefold to US$ 320-340 billion by 2030, driven by the government-backed Open Network for Digital Commerce (ONDC).

Union Minister of Commerce and Industry, Mr. Piyush Goyal, highlighted MSMEs' growing role in IT, tourism, and financial services, boosting exports and jobs, with IT services exports expected to reach US$ 450 billion in FY26.