India’s startup ecosystem attracted $6.91 billion in equity funding across 686 rounds from January through May 2026 according to Tracxn data.
Tag: India
India’s State Elections Unlikely to Alter Pace of Economic Reforms Says EY Analysis
EY Geostrategic Business Group notes that despite BJP’s sweeping state election wins structural economic reforms are unlikely to be accelerated in the short term.
Yatra India Reports Decline in Revenue and Profit in Q4 FY26 Amid Travel Slowdown
Online travel platform Yatra India disclosed lower revenues and profits in Q4 FY26 as high fuel prices and reduced discretionary travel weigh on the business.
India Spent $174.9 Billion on Crude and Petroleum in FY2026 Highlighting Oil Import Dependency
Government data shows India spent 22 percent of its total imports on crude and petroleum products in the financial year ended March 2026.
India’s Semiconductor Startup Develops AI-Native Processors for EVs and Appliances
An emerging Indian semiconductor company is building AI-native edge processors for electric vehicles appliances and industrial systems to process data locally.
India Spending Nearly $72 Billion Annually on Gold Imports Amid Call to Reduce Purchases
India the world’s second-largest gold buyer spends close to $72 billion on annual gold imports as PM Modi urges citizens to pause purchases to conserve foreign exchange.
India in Touch with Yemen Officials over Indian Nurse Nimisha Priya Case
India’s Ministry of External Affairs confirmed it is in contact with Yemeni officials and friendly governments to assist Indian nurse Nimisha Priya detained in Yemen.
India’s New West Bengal CM Suvendu Adhikari Meets PM Modi in New Delhi
New West Bengal Chief Minister Suvendu Adhikari visited Prime Minister Modi in New Delhi following the BJP’s historic victory in the state assembly elections.
India Government Keeps Fuel Retail Prices Stable While Cutting Taxes on Oil Companies
Despite soaring global crude prices the Indian government has not raised pump prices instead cutting taxes to shield oil companies and consumers from the full energy shock.
UBS Lowers India GDP Growth Forecast for FY2027 to 6.2% Due to Middle East Energy Shock
Global brokerage UBS Securities revised India’s growth forecast down by half a percentage point citing the Iran war energy shock as an asymmetric macro risk.