Latest News on the Indian Economy

Prime Minister Mr. Narendra Modi holds talks with Russian President Mr. Vladimir Putin, focusing on trade, energy & defence

Prime Minister Mr. Narendra Modi held talks with Russian President Mr. Vladimir Putin on trade, energy and defence at the SCO summit in Bishkek.

India, Brazil reaffirm trade and economic ties, target US$ 30 billion bilateral trade by 2030

India and Brazil are targeting US$ 30 billion in bilateral trade by 2030, while advancing cooperation in pharmaceuticals, agriculture, critical minerals, renewable energy and advanced manufacturing.

Government notifies Semicon 2.0 scheme with US$ 13.31 billion outlay

The government has notified the Semicon 2.0 scheme with an outlay of US$ 13.31 billion to strengthen India's chip manufacturing ecosystem. The scheme aims to make India a key part of the global semiconductor value chain and create up to 60,000 direct jobs.

Healthcare ranks second in private credit deals as domestic funds dominate in H1 2026: EY report

Healthcare accounted for 13% of India's private credit deal value in H1 2026, with domestic funds contributing 74% of total deal value as private credit activity remained resilient across refinancing, acquisition financing and growth capital. 

Over 40,000 reforms carried out in last decade for ease of doing business; Gujarat emerges as front-runner: DPIIT Secretary

More than 40,000 State-level business reforms have been implemented over the past decade, with Gujarat emerging as a front-runner in improving the ease of doing business.

NPCI International and Uzbekistan’s NIPC partner to enable UPI payments across Uzbekistan via UZQR

UPI users will be able to make merchant payments across Uzbekistan by scanning UZQR, expanding India’s digital payment connectivity and supporting seamless transactions for Indian travellers.