Latest News on the Indian Economy
June 15, 2026
India’s startup ecosystem has witnessed remarkable expansion over the past decade, generating nearly 25 lakh jobs and growing from around 350 recognised startups in 2016 to more than 2.3 lakh startups today.
Government Highlights Youth-Led Development and Growing Innovation Ecosystem
Government initiatives promoting innovation, entrepreneurship, skill development and sports are empowering India’s youth to drive economic growth and contribute to the country’s long-term development goals.
India and France Announce 13 Key Outcomes to Deepen Strategic, Technology and Trade Cooperation
The 13 outcomes announced by India and France are expected to strengthen bilateral cooperation across technology, innovation, trade, education, space and strategic sectors, reinforcing the long-term vision of their Special Global Strategic Partnership.
IndiaAI Mission Supports Launch of Indigenous Video Generation AI Model ‘Varya’
Avataar has launched Varya, an indigenous AI video-generation model developed under the IndiaAI Mission, showcasing India’s growing capabilities in affordable, scalable and culturally contextualised artificial intelligence.
Electronics, Pharmaceuticals and Engineering Goods Drive Export Growth Under Free Trade Agreements
Electronics, pharmaceuticals and engineering goods are emerging as major beneficiaries of India’s expanding network of Free Trade Agreements, supporting export diversification and strengthening the country’s position in global markets.
ESAF Small Finance Bank's total business crosses US$ 5.44 billion
ESAF Small Finance Bank has crossed US$ 5.44 billion in total business, supported by growth in deposits and advances, reflecting its expanding operations and improved profitability in FY26.
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