Economy

News on Indian Economy

Beyond Aid and American Leverage: India’s Economic Growth Can No Longer Be Controlled from Washington

The modern Indian economy is approaching a scale at which neither American aid nor foreign philanthropic funding is remotely large enough to determine its direction. India’s growth is increasingly generated inside India itself through household consumption, infrastructure investment, manufacturing, services, entrepreneurship, digital commerce and an expanding technology ecosystem.

Nathu La: Zoho’s India-Designed Server Takes Aim at AI Costs and Technological Dependence

Unveiled on June 10, 2026, Nathu La represents Zoho’s first major entry into computer hardware. The Chennai-headquartered technology company developed the platform through a specialised engineering team based in Nagpur, extending its operations beyond business software, cloud services and artificial intelligence into the physical infrastructure that runs them.

TRAI Introduces 1601-Series Numbers for Utility, Courier and Logistics Service Calls

The initiative addresses a problem that has become increasingly familiar to mobile users in India: legitimate calls relating to deliveries, electricity or other utilities can arrive from ordinary mobile numbers that are difficult to distinguish from spam, fraudulent calls or aggressive telemarketing. A dedicated numbering range gives consumers an additional means of recognising that an incoming call originates from an entity operating within the regulated communication framework.

Octillion Opens Third EV Battery Plant in India, Adds 3 GWh Capacity at Halol

Spread across more than 13,000 square metres, the Halol plant was converted from an empty industrial structure into a fully operational battery manufacturing facility in less than eight months. At full utilisation, it is expected to produce more than 48,000 battery systems annually, catering to a wide range of electric vehicles including passenger cars, light commercial vehicles, trucks and buses.

HAL Revives Su-30MKI Production at Nashik, 12 New Fighters to Join IAF by 2029

Hindustan Aeronautics Limited is reviving production of the Su-30MKI at its Nashik complex, bringing one of India’s most important fighter manufacturing lines back into active aircraft production several years after the original licensed-production programme was completed. Under the new programme, HAL will manufacture 12 additional Su-30MKI fighters for the Indian Air Force, with deliveries expected to be completed by 2029.

India and Namibia Deepen Trade and Investment Partnership as Bilateral Commerce Expands

The decisions were taken during the Fourth Session of the India-Namibia Joint Trade Committee, held in New Delhi on August 10 and 11, 2026. The Indian delegation was led by Amit Kumar, Joint Secretary in the Department of Commerce, while the Namibian delegation was headed by Ndiitah Nghipondoka-Robiati, Executive Director in Namibia’s Ministry of International Relations and Trade. The agreed minutes of the meeting were signed by the two co-chairs on August 11.

Colonel Sphurti Kulkarni Becomes First Woman Officer to Command BRO’s 45 Task Force Under Project Chetak

The 45 Task Force performs a critical role in maintaining road connectivity required for the movement of military personnel, equipment, logistics and supplies in sensitive border areas. Such formations also ensure that vital routes remain operational in demanding terrain and climatic conditions, where infrastructure reliability can directly influence military mobility and operational readiness.