Latest News on the Indian Economy
June 25, 2026
India's upstart consumer brands are growing three times faster than the market
India's new-age consumer brands are growing more than three times faster than the broader market, leveraging digital commerce, quick commerce and product innovation to reshape consumer preferences and create new growth opportunities across the FMCG sector.
Union Commerce and Industry Minister Mr. Piyush Goyal reviewed strategies to strengthen India's export ecosystem, including enhanced support for MSMEs, market diversification and global value chain integration, as merchandise exports rose 18% year-on-year to Rs. 4.26 lakh crore (US$ 45.20 billion) in May 2026.
India and US Advance Strategic Trade Talks to Strengthen Economic Partnership
India and the US are advancing trade negotiations to strengthen market access, supply chain resilience and cooperation in strategic sectors, supporting the continued growth of one of the world's largest bilateral economic partnerships.
Union Steel Minister Mr. H.D. Kumaraswamy has urged the steel industry to accelerate the adoption of AI, automation and digital technologies to improve productivity, strengthen competitiveness and support India's long-term steel capacity expansion goals.
India-Latin America trade is projected to double to Rs. 9.47 lakh crore (US$ 100 billion) by 2030, driven by expanding cooperation in minerals, pharmaceuticals, agro-industries and broader efforts to strengthen economic and trade ties between the two regions.
Dubai’s GEMS Education Lines Up US$ 30 Million for India Expansion
GEMS Education plans to invest Rs. 284.13 crore (US$ 30 million) in India to expand its school network, train educators and improve access to globally benchmarked education for millions of learners across the country.
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