Economy
India’s ambitious push toward sixth-generation (6G) telecom technology is projected to add a staggering $1.2 trillion to the country’s GDP by 2035, according to Union Minister for Communications Jyotiraditya Scindia. Speaking at the 9th edition of the India Mobile Congress (IMC) 2025, Scindia outlined a bold roadmap that positions India not just as a consumer…
India and the United Kingdom have announced two landmark defence agreements worth over $800 million, alongside a major AI infrastructure investment by British chipmaker Graphcore, signaling a new era of strategic and technological collaboration. The announcements were made during UK Prime Minister Keir Starmer’s two-day visit to Mumbai, where he met Prime Minister Narendra Modi…
A groundbreaking study by the Indian Institute of Management (IIM) Lucknow has revealed that Indian factories engaged in exports become up to 25% more energy efficient within three years of entering global markets. The research, led by Professor Chandan Sharma and published in the Energy Economics journal, challenges long-held assumptions that globalization harms the environment…
India’s economic narrative is poised for a paradigm shift—from a services-dominated model to a product-driven innovation economy—according to real estate magnate and policy commentator Dr. Niranjan Hiranandani. Speaking on October 9, 2025, in response to the latest round of US tariffs targeting Indian exports, Hiranandani described the development not as a setback, but as a…
India’s financial future hinges on the ability to democratize credit access, and fintech is the key to unlocking that transformation, according to Niti Aayog CEO BVR Subrahmanyam. Speaking at the Global Fintech Fest 2025 in Mumbai, Subrahmanyam emphasized that India’s credit requirements are “massive,” running into trillions of dollars, and that traditional lending models are…
A new research study conducted by the Indian Institute of Management (IIM) has revealed that export-oriented manufacturing units in India are up to 25% greener than their domestic-focused counterparts. The findings, based on a multi-year analysis of factory-level data across sectors, suggest that global trade is not only boosting economic growth but also accelerating environmental…
India must rethink its approach to free trade agreements (FTAs) and seriously consider joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), said Pravin Krishna, Professor of International Economics at Johns Hopkins University. In a wide-ranging interview published on October 6, 2025, Krishna urged New Delhi to shed its defensive posture in trade negotiations…
India’s small business ecosystem is witnessing a historic boom in public procurement, driven by the government’s strategic redefinition of Micro, Small and Medium Enterprises (MSMEs). According to the latest data from the Ministry of MSME and Government e-Marketplace (GeM), procurement from registered small businesses surged 38% year-on-year in FY25, crossing ₹3.1 lakh crore for the…
India’s economic trajectory and democratic resilience are not just domestic concerns—they are global imperatives. That was the central message delivered by Andres Velasco, former finance minister of Chile and current dean of the School of Public Policy at the London School of Economics, during a keynote address at the India Global Dialogue held in New…
India’s digital payments landscape is set for a major transformation as the Reserve Bank of India (RBI) rolls out its new authentication framework, effective April 2026. The overhaul, announced through the Digital Payment Transactions Authentication Directions, 2025, mandates dynamic, two-factor authentication for all digital transactions, moving beyond the long-standing reliance on SMS-based OTPs. Experts across…
