Latest News on the Indian Economy

India’s OTT Audience Rises 11% to 665 million; Connected TV Audience Surges 60% in 2026: Ormax

India’s OTT audience grew 11% to nearly 665 million in 2026, while the connected-TV audience surged 60% to 206.9 million, highlighting the rapid expansion and diversification of the country’s digital entertainment ecosystem.

Prime Minister Mr. Narendra Modi Inaugurates Global Fintech Fest 2026 in Mumbai

Prime Minister Mr. Narendra Modi inaugurated Global Fintech Fest 2026 in Mumbai, highlighting UPI's global expansion to 11 countries and India's 7.8% GDP growth. 

BRICS Summit 2026: India’s Chairship Centres on Four Pillars of Resilience, Innovation, Cooperation, Sustainability

India’s 2026 BRICS Chairship focuses on resilience, innovation, cooperation and sustainability, with the upcoming 18th BRICS Leaders’ Summit in New Delhi expected to advance collaboration among the grouping’s expanded membership.

India’s Bullet Train to Begin Testing by May-June 2027; Commercial Operations Expected by End-2027: Union Railway Minister Mr. Ashwini Vaishnaw

India’s bullet train is expected to begin testing by May-June 2027, with commercial operations targeted by the end of 2027, marking a major step in the modernisation of the country’s railway infrastructure. 

DFPD and FCI Sign MoU for FY27 to Strengthen Efficiency, Technology and Accountability in Foodgrain Management

DFPD and FCI have signed an MoU for FY27, introducing a performance-based framework to strengthen technology adoption, operational efficiency, transparency and accountability in India’s foodgrain management system.

Biocon signs 10-year Brazil supply deal for Pertuzumab breast cancer drug

Biocon has secured a 10-year supply contract for Pertuzumab in Brazil, gaining access to the country’s public healthcare market through a partnership with Bahiafarma and Bionovis.