Latest News on the Indian Economy
July 06, 2026
India's High-Speed Rail Future: Building a Standardised Path for Expansion
India is advancing towards a nationwide high-speed rail network by standardising technologies, strengthening indigenous manufacturing and leveraging the Mumbai-Ahmedabad Bullet Train project as a model for future corridors.
India and Russia set US$ 50 billion investment target by 2030
India and Russia are strengthening their strategic economic partnership by targeting US$ 50 billion in mutual investments by 2030, with a focus on advanced manufacturing, critical minerals, green technologies and resilient supply chains.
India’s real estate sector attracted US$ 2.9 billion in institutional investments in Q2 Calendar Year 2026, up 70% YoY, with Chennai and Bengaluru driving 27% of H1 inflows.
India emerging as reliable green fuel supplier: Renewable Energy Secretary Mr. Santosh Kumar Sarangi
India is emerging as a dependable global supplier of green hydrogen and green ammonia, with long-term India-Japan partnerships strengthening international clean fuel supply chains and reinforcing the country's leadership in the renewable energy transition.
DPIIT has strengthened India’s startup ecosystem by launching structured mentoring, funding and industry support for seven high-potential startups under the FICCI Mercedes-Benz Bharat Innovation & Business Ideas Challenge Programme.
Gujarat will establish the SAMARTH hub at IIT Gandhinagar with an investment of US$ 19.96 million to advance semiconductor research, develop skilled talent and strengthen India's chip manufacturing ecosystem.
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