Latest News on the Indian Economy

EV retail sales at all-time high of 3,06,220 units in June, penetration crosses 12%: FADA

India’s EV retail sales reached a record 3,06,220 units in June 2026, with EV penetration surpassing 12% for the first time, driven by strong demand across two-wheelers, passenger vehicles and commercial vehicles.

Prime Minister Mr. Narendra Modi announces that IIM Bangalore will establish its campus in Indonesia

India is expanding its global higher education footprint with IIM Bangalore's first overseas campus in Indonesia, strengthening education diplomacy, ASEAN academic collaboration and India's position as a global knowledge partner.

Auto components industry expected to grow 8-10% in FY27: ACMA

India's auto components industry is projected to grow 8-10% in FY27, driven by strong domestic demand, rising exports, localisation and advanced manufacturing investments.

India's Semicon 2.0: Government expands incentives for semiconductor ecosystem beyond fabrication

India is finalising Semicon 2.0 to expand incentives beyond chip fabrication, strengthen the semiconductor value chain and enhance domestic capabilities, reinforcing its position as a global semiconductor hub.

APEDA Facilitates Commercial Export of Amrapali Mangoes from Jharkhand to Dubai

APEDA facilitated the export of Amrapali mangoes from Jharkhand to Dubai, enabling women-led FPCs to earn nearly 180% higher returns while strengthening India's agri-export ecosystem.

Tata Power targets US$ 10.71 billion revenue by 2030, reveals key update on nuclear plans

Tata Power targets US$ 10.71 billion in revenue and US$ 1.07 billion in profit by 2030, supported by renewable energy, solar manufacturing and nuclear power expansion.