Latest News on the Indian Economy

August 10, 2026

Where every purchase finds a GeM: How India’s digital procurement platform is reshaping government buying

Government e-Marketplace has transformed India's public procurement ecosystem over the past decade, connecting government buyers with millions of sellers while improving transparency, efficiency and inclusive access to government markets.

India’s med-tech ecosystem strengthens through domestic manufacturing and lower import dependence: Prime Minister Mr. Narendra Modi

India’s med-tech ecosystem is strengthening through government initiatives such as the PLI Scheme, Medical Device Parks and PRIP Scheme, which are supporting indigenous production of high-end medical devices.

India and Egypt discuss boosting investment flows and digital services trade: Commerce and Industry Minister Mr. Piyush Goyal

India and Egypt are exploring stronger economic ties through greater two-way investment, smoother digital services trade and deeper cooperation under the BRICS framework, with opportunities to strengthen technology-enabled and sustainable industrial development.

GI-tagged Mithila Makhana makes first sea shipment from Bihar to Australia

The first sea shipment of GI-tagged Mithila Makhana from Bihar to Australia strengthens direct farmer-to-market linkages and highlights the role of modern export infrastructure in improving quality compliance, value addition and global market access.

USBRL Provides All-Weather Connectivity to Kashmir, Opening New Market Opportunities for Farmers and Small & Medium Enterprises: Union Minister of Railways Mr. Ashwini Vaishnaw

The fully commissioned USBRL project has provided all-weather rail connectivity to Kashmir, improving market access for farmers and SMEs while strengthening regional logistics, tourism and economic development.

19th round of India-Singapore Foreign Office Consultations takes place in New Delhi

India and Singapore reviewed progress under the Comprehensive Strategic Partnership roadmap, reaffirming their commitment to deepen cooperation across economic, digital, connectivity, healthcare, skills development and strategic sectors.

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