Daimler India Plans ₹4,000 Crore Tamil Nadu Investment to Expand BharatBenz Operations
Once implemented, the fresh investment would take Daimler India Commercial Vehicles’ cumulative investment in the country to more than ₹14,500 crore.
Economy
News on Indian Economy
Passenger Vehicle Dispatches Surge 34.3% in July as Auto Demand Strengthens
Passenger vehicle dispatches stood at 3,40,772 units in July 2025, indicating a sharp improvement in domestic demand as the industry moves closer to the festive season.
India’s Agriculture GVA Reaches ₹52.08 Lakh Crore as Farm Economy Expands
Agriculture remains a major source of income for a large share of India’s population. At the same time, the sector is becoming more closely connected with food processing, logistics, storage and other value-added activities.
India’s Infrastructure Expansion Accelerates Across Rail, Roads, Airports and Cities
Public capital expenditure has risen from around ₹2 lakh crore in 2014–15 to ₹12.2 lakh crore in 2026–27. The railway budget has also increased substantially, from ₹32,000 crore to ₹2.78 lakh crore over the same period.
Svaya Robotics: Building India’s Collaborative, Humanoid and Four-Legged Robots
Hyderabad-based Svaya Robotics is attempting to build this new generation of intelligent machines within India. The company develops collaborative robotic arms, dual-arm humanoid systems, industrial-control software and embodied artificial-intelligence capabilities as an integrated robotics platform.
India’s Electronics Exports Rise 11-Fold to ₹4.24 Lakh Crore as Manufacturing Base Expands
Electronic goods have now emerged as India’s third-largest export category, reflecting the rapid growth of domestic manufacturing and global supply-chain integration.
Vande Bharatam Draws Over 26,000 Applications, Spotlighting India’s Grassroots Entrepreneurial Talent
The initiative, which culminated in a Grand Finale in Ahmedabad around Independence Day, received participation from all 36 States and Union Territories and more than 800 districts, highlighting the breadth of entrepreneurial activity emerging from India’s cities, towns and rural communities.
India’s Forex Reserves Surge by $14.1 Billion to $707 Billion
Reserve Bank of India data showed total reserves rising to $707.002 billion, compared with $692.866 billion in the previous week. The increase was the largest weekly rise since January 2026 and took reserves to a four-month high.
Indian Army to Get Indigenous Loitering Munitions Under ₹1,577 Crore Tata-NIBE Contracts
The contracts were signed in New Delhi on 14 August 2026 in the presence of Defence Secretary Rajesh Kumar Singh. The procurement covers the loitering munition systems themselves, along with associated munitions and other accessories required for their operational deployment.
India’s STP Units Record ₹7.73 Lakh Crore in Software Exports in FY2025–26
The figure represents a substantial increase from ₹6,88,194.11 crore in FY2024–25 and ₹6,36,619.87 crore in FY2023–24, showing sustained growth in India’s software and IT-enabled services exports. The figures were provided by Union Electronics and Information Technology Minister Ashwini Vaishnaw in the Lok Sabha on August 12.