Latest News on the Indian Economy
June 19, 2026
India’s C&I Energy Storage Market to Expand to 22-31 GWh by 2032
India’s C&I energy storage market is expected to scale rapidly by 2032, supported by rising tariffs, renewable integration, cost optimisation needs and a shift towards energy resilience and decarbonisation.
Prime Minister Mr. Narendra Modi lauded the Indian diaspora in France for strengthening bilateral ties and highlighted the growing importance of innovation, technology and people-to-people cooperation in the India-France partnership.
Government initiatives promoting domestic manufacturing, affordable medicines, innovation and healthcare accessibility have strengthened India’s pharmaceutical sector and enhanced its global leadership in generic medicines and vaccines.
Centre Targets Construction of Over 26,000 km of Rural Roads in FY27, Reviews Progress with States
The Centre’s FY27 rural road target aims to strengthen last-mile connectivity, improve infrastructure quality and support inclusive rural development through PMGSY and related programmes.
MSME Ministry host First BRICS MSME Forum in Agra
The First BRICS MSME Forum in Agra bring together member and partner countries to strengthen MSME cooperation, promote innovation and support sustainable economic growth.
Nykaa aims to achieve US$ 5 billion in GMV by FY30 through expansion in beauty and fashion, store network growth and increasing adoption of AI-driven retail solutions.
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