India’s export diversification strategy paid off in FY2026-27 with exports to Africa and Latin America posting record growth rates driven by pharmaceuticals textiles and agri products.
Month: June 2026
US Markets Show Mixed Signals After Iran Deal Signing as Investors Weigh Peace vs Uncertainty
U.S. equity markets showed mixed signals as investors weighed the potential economic benefits of the Iran peace agreement against uncertainties about implementation and geopolitical risks.
India’s MSME Sector Records 17 Percent Growth Supported by Government Guarantee Schemes in FY26
India’s micro small and medium enterprises expanded by 17 percent in 2025-26 driven by government-backed credit guarantee programs that improved access to formal financing.
India’s Russia Oil Imports Decline Structurally as Diversification Strategy Gains Momentum
Data showed India’s Russian oil imports have begun to decline structurally as the government pushed for a more diversified oil import strategy from Gulf and other sources.
India’s NDA Government Completes 12 Years with PM Modi Highlighting Farmer Welfare Achievements
Prime Minister Modi marking the NDA government’s 12-year anniversary highlighted income support crop insurance technology adoption and record foodgrain production as key agricultural achievements.
India Retail Lending Boom Raises Consumer Spending Sustainability Questions Says RBI
Economists flagged that the rapid rise in Indian household debt to 41.3 percent of GDP raises questions about whether consumer spending can continue driving economic growth.
India IIT Madras Spinoff Raises $40 Million for AI-Driven Drug Discovery Platform in Series B
An IIT Madras spinoff focused on AI-accelerated pharmaceutical drug discovery raised $40 million in a Series B funding round from global health tech investors.
India Renewable Energy Sector Attracting Record Foreign Investment Amid Global Green Transition
India’s renewable energy sector received record foreign direct investment commitments as global clean energy funds capitalised on the country’s massive clean power buildout.
India Tourism Revenue Hits Record High as Inbound Visitors Surge in Post-Iran Conflict Environment
India’s tourism sector recorded all-time high revenue as global travellers seeking safe destinations chose India amid the disruptions caused by the Iran conflict.
India Steel Industry Faces Import Surge as Government Weighs Protective Tariff Measures
India’s domestic steel producers called for government intervention to protect the market from a surge in cheaper steel imports primarily from China and South Korea.