Economy

News on Indian Economy

India’s Digital Advertising Market May Nearly Double to US$22 Billion by 2030

The expansion is being driven by a mix of structural factors, including rising internet penetration, widespread smartphone usage, and a strong consumer shift toward mobile-first digital behaviour. Advertisers are increasingly moving budgets to digital channels because they offer sharper audience targeting, real-time campaign tracking and clearer returns on spending compared with traditional media.

India, New Zealand Set to Sign Free Trade Agreement on April 27

The agreement is being seen as a significant breakthrough because it revives a trade process that first began in 2010 but lost momentum and stalled in 2015. Negotiations were relaunched in March 2025 during New Zealand Prime Minister Christopher Luxon’s visit to India, and the deal was pushed through five formal rounds of talks in less than a year

Odisha Sees Major Rail Push as ₹90,000 Crore Projects Gather Pace

The minister said Odisha has received a record railway budget allocation of ₹10,928 crore, a level of funding aimed at accelerating project execution across the state. He added that 59 stations in Odisha have entered the modernisation phase under the Amrit Bharat Station Scheme, which focuses on upgrading railway stations into more efficient and passenger-friendly facilities.

Cabinet Approves Bharat Maritime Insurance Pool with Rs 12,980 Crore Sovereign Guarantee

According to the official release, India’s maritime sector handles more than 70% of the country’s trade by volume and nearly 95% by value, making reliable insurance access strategically important. The new pool is intended to stabilise trade flows, ease cost pressures on exporters and logistics operators, and provide cover for ships carrying cargo between India and international ports in both directions.