Latest News on the Indian Economy
June 24, 2026
Tourism Sector Can Create 100 Million More Jobs by 2047: FAITH
India’s tourism and hospitality sector is projected to generate 100 million additional jobs by 2047 according to FAITH, supported by rising domestic demand, improved connectivity, expanding tourism infrastructure and efforts to attract more international visitors.
The 23rd PM-KISAN instalment transferred Rs. 18,880 crore (US$ 1.99 billion) to 9.44 crore farmers, taking the scheme's cumulative disbursement past Rs. 4.46 lakh crore (US$ 47.09 billion) since its 2019 launch, making it one of the world's largest direct income support programmes.
India Emerges as a Hybrid Video Entertainment Economy, Driven by Shifting Audience Preferences
India's video entertainment industry is evolving into a hybrid ecosystem as changing consumer preferences drive the convergence of subscriptions, advertising, creator-led content and digital commerce across multiple screens.
Centre Brings Together States, Industry for US$ 100 Billion Textile Exports Goal
The Ministry of Textiles has launched a nationwide exercise to accelerate India’s textile exports towards the Rs. 9.47 lakh crore (US$ 100 billion) target by 2030 through district-led planning, industry consultation and value-chain strengthening.
REITs’ Leasable Area to Rise 30% by FY28, Credit Profiles to Remain Healthy
India’s listed office REITs are set for steady expansion by FY28, supported by strong occupancy, rental growth and diversified portfolios, while credit metrics are expected to remain healthy.
Adani Group plans to invest between Rs. 90,000 crore (US$ 9.50 billion) to Rs. 1 lakh crore (US$ 10.56 billion) in its airport business over the next five years, while Mundra Airport's commercial operations are set to boost regional connectivity and economic activity.
Partners
