News on Indian Economy
The figures were released by NITI Aayog on September 16 in the ninth edition of its Trade Watch Quarterly, covering the April-June 2026 period. The report finds that India’s trade expansion took place alongside surprisingly resilient global commerce, with world merchandise trade continuing to grow despite tariff disputes, supply-chain pressures and geopolitical disruptions.
Diversification changes this equation because it gives producers somewhere else to send their goods. If one market closes while several others can absorb the same product, factories can continue operating, workers can remain employed, suppliers can continue receiving orders, and capital invested in manufacturing remains productive.
A country that sends a large share of its exports to a single destination is particularly exposed to this kind of pressure. If tariffs rise sharply, the competitiveness of its exporters can deteriorate almost immediately. Orders may be cancelled, margins may shrink and industries can be forced to adjust production before alternative customers are found.
By August 2026, India had installed around 295 GW of renewable-energy capacity, including more than 168 GW of solar and around 58 GW of wind. When nuclear power is included, the country’s non-fossil generating capacity had crossed 300 GW. Solar capacity alone has expanded from only a few gigawatts little more than a decade ago to well above 160 GW today.
The first module combines solid-phase peptide synthesis, or SPPS, and liquid-phase peptide synthesis, or LPPS, giving Neuland the ability to handle different types and lengths of peptide molecules using the manufacturing route best suited to each product.
The event comes at a significant stage in India’s semiconductor programme. Twelve semiconductor projects have now been approved under the first phase of the Semicon India Programme, while three of those projects have already entered commercial production. The Union Cabinet has also approved Semicon 2.0, intended to take India’s semiconductor strategy into its next phase.
The initiatives were announced by Defence Minister Rajnath Singh during VIMARSH 2026, the DRDO-Industry Synergy Meet held in New Delhi on September 15. The Ministry of Defence said the new framework is intended to reduce both technical and financial barriers faced by smaller companies and deep-tech startups seeking to develop technologies for the armed forces.
The most significant railway programme showcased by RVNL was the Vande Bharat Sleeper project being executed through KINET Railway Solutions Limited, an Indo-Russian joint venture involving RVNL and Russian rolling-stock companies associated with Transmashholding.
GRSE laid the keels of the two vessels in Kolkata on September 15, 2026. Geological Survey of India Director General Varsha Ashok Aglawe was the chief guest at the ceremony, which was also attended by senior representatives of GRSE, GSI, TNSL and the Indian Register of Shipping. The keel-laying marks the transition of the project from design and planning into physical ship construction.
MIGM stands for Multi-Influence Ground Mine. Unlike the traditional image of a naval mine that explodes after physical contact with a vessel, MIGM is designed to detect the signatures generated by ships and submarines moving through the water.
