Indian Economy News

April 08, 2026

Sales of PLI-supported food processing products rise 10.58%: MoFPI

Sales of PLI-supported food processing products rose 10.58%, while export sales increased 7.41%, supported by Rs. 9,000 crore cumulative investment, capacity expansion, and strong growth in millet-based products.

Prime Minister Mr. Narendra Modi hails milestone as India’s first indigenous fast breeder reactor attains criticality

India’s first indigenous 500 MWe Prototype Fast Breeder Reactor at Kalpakkam has attained criticality, marking a major milestone in the second stage of the nuclear programme and strengthening the country’s thorium-based clean energy roadmap.

External Affairs Minister Dr. S. Jaishankar chairs consultative meeting on India–Africa ties in New Delhi

India and Africa are expected to deepen cooperation across trade, Lines of Credit, skilling, defence, and multilateral coordination, with the latest consultative meeting in New Delhi reinforcing strong historical ties and development partnerships.

India office market records highest-ever quarterly leasing despite global headwinds

India’s office market recorded its highest-ever quarterly leasing of 29.9 million sq. ft., driven by strong GCC, enterprise, and Grade A workspace demand despite global headwinds.

‘bob SAMVAD’, an AI-powered multilingual conversational platform of Bank of Baroda to transform in-branch customer interactions, launched in Mumbai

Bank of Baroda has launched ‘bob SAMVAD’, an AI-powered multilingual conversational platform supporting real-time communication across 22 languages, with the first phase covering 250 branches to strengthen inclusive banking and in-branch customer experience.

Volkswagen India starts production of Taigun model at Pune plant

Volkswagen India has started production of the new Taigun at its Pune plant, ahead of its April 2026 launch, reinforcing the company’s compact SUV strategy, localisation efforts, and India manufacturing footprint.

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