Economy

News on Indian Economy

FPIs Invest ₹23,544 Crore in Indian Equities in August as Foreign Buying Momentum Strengthens

According to the latest depository data, ₹14,118 crore of the August investment came through purchases on stock exchanges, while another ₹9,426 crore entered through the primary market. The sustained buying follows a net FPI equity inflow of about ₹20,200 crore in July, marking a significant reversal after four consecutive months of foreign investor withdrawals.

India to Launch First Non-GMO High-Expansion Popcorn Maize Hybrid, Boosting Domestic Seed Innovation

Unlike conventional maize, popcorn varieties require kernels with characteristics that allow them to expand substantially when heated. High expansion is therefore an important commercial quality parameter, influencing the volume, texture and overall quality of the finished popcorn. The new hybrid is being promoted as a domestically developed, non-genetically modified option capable of producing the expansion characteristics required by the commercial popcorn industry.

Piyush Goyal to Lead India’s Largest Business Delegation to Japan as New Delhi Targets Deeper Trade and Investment Ties

Goyal will also hold bilateral discussions with Japan’s Minister of Economy, Trade and Industry Akazawa Ryosei and interact with senior members of the Japanese government and Parliament. The programme will then move to Nagoya, one of Japan’s major industrial centres, where the Indian delegation will engage with the Central Japan Economic Federation, the Nagoya Chamber of Commerce and Industry, Aichi Prefecture officials and companies from the automotive and steel sectors.

BEL and RADIX CIPL Join Forces to Develop Secure Tactical Cellular Communication Systems for the Indian Armed Forces

The agreement was signed on August 21, 2026, in Bengaluru and focuses on strengthening collaboration in tactical cellular solutions. BEL said the partnership will promote development, technology exchange and knowledge sharing while enabling both companies to jointly work on advanced and reliable cellular communication systems suited to emerging operational requirements.

Data Patterns Bags ₹585.76-Crore BEL Order for Advanced Radar Electronics

The contract covers the procurement of radar electronics by BEL, one of India’s principal defence public sector enterprises and a major supplier of military radar, electronic warfare, communications and weapon-control systems to the Armed Forces. Data Patterns has not disclosed the precise radar platform or programme for which the equipment will be supplied, and the available regulatory disclosure therefore does not support linking the order to any specific Indian Army, Navy or Air Force radar system.

India Launches ₹3,500-Crore GRSE–YIL Expansion to Boost Warship Building and Strategic Defence Manufacturing

Defence Minister Rajnath Singh and West Bengal Chief Minister Suvendu Adhikari carried out the Bhumi Pujan for the projects virtually from GRSE Bhavan in Kolkata on August 23. Three of the projects are being undertaken by GRSE at Raichak, Shalimar and Kidderpore, while YIL is establishing two major forging facilities at its Metal and Steel Factory at Ishapore. Together, the investments represent one of the more significant recent capacity additions to India’s state-owned defence manufacturing ecosystem.

EndureAir Unveils VAHAK-6 Multi-UAV Mothership as India Pushes Deeper Into Drone Teaming

EndureAir began publicly teasing VAHAK-6 on August 21, 2026, before confirming that the new system was on its way. The company has not yet released a complete technical specification for VAHAK-6, including its operational radius, deployment altitude, communications architecture or the exact configuration of the six carried UAVs. However, the concept points toward a carrier-and-deployed-drone architecture in which a larger UAV provides transport, reach and potentially communications support for a group of smaller aircraft.