News on Indian Economy
Merchandise exports were the main headline driver. India’s goods exports rose to US$ 43.56 billion in April 2026, against US$ 38.28 billion in April 2025, registering a growth of 13.78%. Merchandise imports also increased, reaching US$ 71.94 billion, compared with US$ 65.38 billion in the same month last year.
According to News On AIR, the Minister said nearly 33% of this demand was met through renewable energy sources, underlining the growing role of clean energy in supporting India’s rapidly expanding electricity needs.
Built over 15 acres at an estimated cost of ₹128 crore, the modern plant currently has the capacity to process 2.5 lakh litres of milk per day. According to the official release, this capacity is expected to double to 5 lakh litres per day in the future, giving Madhur Dairy a stronger base for milk procurement, processing, packaging and distribution.
The new laboratory is intended to strengthen India’s quality assurance system at a time when the domestic footwear sector is expanding and exporters face increasingly strict quality expectations in global markets. Footwear is no longer judged only by appearance or price; buyers now expect durability, comfort, safety, slip resistance, material strength and freedom from harmful chemicals or dyes. The Ghaziabad facility is designed to test these parameters in accordance with relevant Indian Standards.
Consul General of India in Seattle Prakash Gupta described the arrival of Indian mangoes in the city as the result of sustained effort and cooperation between India and the United States, calling it part of what is often described as “mango diplomacy”. Speaking during an American television feature segment, he said promotional work had been carried out with local groceries, delivery services and major retailers, helping prepare the ground for Indian mangoes to become available in the Seattle area.
The immediate trigger is the Union Cabinet’s approval of a ₹37,500 crore scheme to promote surface coal and lignite gasification projects. The scheme is designed to accelerate India’s target of gasifying 100 million tonnes of coal by 2030, while the latest package itself aims to support nearly 75 million tonnes of coal and lignite gasification capacity. The government expects this programme to mobilise ₹2.5 lakh crore to ₹3 lakh crore in investment and create around 50,000 direct and indirect jobs across coal-bearing regions.
The partnership is significant because lithography is one of the most critical stages in semiconductor manufacturing. In simple terms, lithography is the process through which microscopic circuit patterns are projected and printed layer by layer onto a silicon wafer. ASML’s own technology description says its lithography systems are central to this process, enabling chipmakers to mass-produce patterns on silicon with extreme precision.
The flat-pack design is one of the most interesting aspects of Project Garud. In practical terms, such an architecture is aimed at making satellites easier to stack, integrate and deploy. For constellation missions, this matters enormously. A country or company building one satellite can tolerate slow assembly and custom workflows. But a constellation requires repeated manufacturing, consistent quality, faster integration, predictable launch preparation and strong supply-chain discipline. Project Garud is therefore not merely a spacecraft project; it is a manufacturing doctrine for the constellation age.
The key story is not just growth, but maturity. A Kofluence report cited by industry coverage estimates India’s influencer marketing sector at around ₹3,000–3,500 crore in 2025, with the market expected to grow at about 22% CAGR and reach ₹4,500–5,000 crore by 2027. The study is based on large-scale creator and industry data, including millions of creator profiles, surveys and expert interviews.
The P-8I is the Indian Navy’s variant of Boeing’s P-8 maritime patrol aircraft and is designed for long-range maritime reconnaissance, anti-submarine warfare, anti-surface warfare and intelligence, surveillance and reconnaissance missions. The Indian Navy describes the aircraft as a multi-role Long Range Maritime Reconnaissance Anti-Submarine Warfare platform that can be equipped with air-to-ship missiles and torpedoes. It also supports maritime surveillance, strike roles, electronic warfare missions, search and rescue, targeting support and time-critical surveillance in the Indian Ocean Region.
