Latest News on the Indian Economy
August 28, 2026
PM Jan Dhan Yojana Completes 12 Years of Transforming India’s Financial Inclusion Landscape
PMJDY has completed 12 years as a major pillar of India’s financial inclusion landscape, with 59.09 crore accounts and deposits of US$ 33.37 billion crore as on 19 August 2026.
India to host 18th BRICS Summit in New Delhi on September 12-13
India will host the 18th BRICS Summit in New Delhi on 12-13 September 2026 under the theme "Building for Resilience, Innovation, Cooperation and Sustainability."
India, Morocco agree to double bilateral trade in five years; JWG to explore preferential trade pact
India and Morocco have agreed to double bilateral trade over the next five years and set up a Joint Working Group to explore a preferential trade agreement. The two countries also signed agreements on food safety and cultural exchange, while identifying fertilisers, automotive, pharmaceuticals and agriculture as key areas for deeper cooperation.
Union Minister Mr. Nitin Gadkari said India's EV market will reach US$ 209.55 billion crores by 2030, creating five crore jobs. He also highlighted growth in India's automobile industry and efforts to cut logistics costs.
Jawaharlal Nehru Port in Mumbai emerges as world’s fastest-growing container port
Jawaharlal Nehru Port in Mumbai has become the world's fastest-growing container port, rising to 21st position globally with 13.6% growth in container throughput in H1 2026.
Tata Power Renewables has commissioned a 72.5 MW captive solar project in Rajasthan for Tata Steel, expected to generate 166 MUs annually and offset nearly 1.19 lakh tonnes of carbon emissions per year.
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