Indian Economy News

October 27, 2025

India's financial sector sees US$ 8 billion in deals, M&As jump 127% in 2025

India’s financial sector saw strong M&A momentum in 2025, with deals worth US$ 8 billion driven by major cross-border acquisitions and renewed global investor confidence in Indian banks.

IMF projects Indian economy to grow at 6.6% in 2025-26, outpacing China

The IMF raised India’s GDP growth forecast to 6.6% for 2025-26, citing strong Q1 performance, positioning India as the fastest-growing major economy ahead of China’s 4.8%.

Prime Minister Mr. Narendra Modi declares 2026 as Asean-India year of Maritime cooperation

Prime Minister Mr. Narendra Modi said the India-ASEAN Comprehensive Strategic Partnership is strengthening global stability and growth, with 2026 declared the ASEAN-India Year of Maritime Cooperation.

A strong push for critical mineral extraction from recycling

The Union Cabinet approved a US$ 171 million scheme to boost critical mineral recycling, enhancing e-waste and battery scrap management to secure sustainable domestic supply chains.

Pradhan Mantri-Ayushman Bharat Health Infrastructure Mission (PM-ABHIM)

India’s PM-ABHIM is strengthening public health with expanded hospitals, laboratories, and surveillance systems, enhancing pandemic preparedness and advancing Universal Health Coverage.

Reliance, Meta announce AI joint venture in India, to invest US$ 97.18 million

Reliance Industries and Meta have formed REIL, a US$ 97.18 million joint venture to develop and market enterprise AI solutions in India, with Reliance holding a 70% stake and Meta 30%.

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