Indian Economy News

February 03, 2026

Budget 2026 Puts Ayush at the Heart of India’s Integrative Healthcare Vision

Budget 2026 prioritises Ayush by expanding education, research, quality standards, and global outreach, while strengthening traditional medicine’s role in preventive healthcare and economic growth.

India-US trade deal unlocks unprecedented opportunities for farmers, MSMEs, entrepreneurs, and skilled workers

India’s landmark bilateral trade deal with the US is being celebrated as a pivotal moment that unlocks major opportunities for farmers, MSMEs, entrepreneurs, and skilled workers, while boosting technology flows, export competitiveness, and strategic economic cooperation between the two democracies.

US-India Strategic Partnership Forum says, Union Budget to strengthen India’s competitiveness & boost investment

The US-India Strategic Partnership Forum has hailed the Union Budget 2026–27 as a progressive, investment-friendly roadmap that enhances India’s competitiveness, supports global capital inflows, and modernises trade, customs, and financial regulations. 

Prime Minister’s Employment Generation Programme (PMEGP) assisted 63% of units under manufacturing sector and 93% of units under service sector having projects costing up to Rs. 10 Lakh (US$ 11,111) during the last five years

Prime Minister’s Employment Generation Programme (PMEGP) supports micro-enterprises with projects up to Rs. 10 lakh (US$ 11,111) via priority credit and collateral-free loans, complemented by MSME assistance through the Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength (CHAMPIONS) portal.

Govt gives strong push to manufacturing, infrastructure & job creation, says Finance Minister Ms. Nirmala Sitharaman

The Budget 2026–27 prioritises manufacturing, infrastructure and job creation, with elevated outlays and strategic schemes to boost domestic production, supply chains and employment while maintaining fiscal discipline. 

Ola commences deliveries of Shakti 9.1kWh; bags certification for 5.2kWh trim with 4680 Bharat cells

Ola Electric has commenced deliveries of its Ola Shakti 9.1 kWh residential battery energy storage system (BESS) and secured Bureau of Indian Standards (BIS) certification for the 5.2 kWh trim, marking a key advance in India’s domestic energy storage solutions powered by 4680 Bharat Cells.

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