Economy

News on Indian Economy

India–Vietnam Partnership to Expand QR Code-Based Cross-Border Payment Systems

This is significant because digital payments have become one of India’s strongest technology exports. India’s fintech ecosystem, led by fast payment infrastructure, QR-code acceptance and real-time transaction capability, has shown how public digital infrastructure can support everyday commerce at massive scale. The MoU with Vietnam fits into this larger story: India is steadily taking its payment architecture beyond domestic convenience and turning it into a tool of international economic partnership.

India’s First SkyCast System Opens a New Era of Weather-Smart Aviation

SkyCast is important because aviation safety depends heavily on what happens in the lower atmosphere around an airport. Aircraft descent, final approach, landing and take-off are all sensitive to visibility, wind shear, turbulence, moisture, fog density and vertical atmospheric changes. Delhi’s airport faces some of the most difficult winter fog conditions in the country, where dense fog, pollution particles and low visibility can delay flights, divert aircraft and disrupt passenger movement. SkyCast brings these atmospheric details into one integrated monitoring framework.

IIT Madras Opens Advanced Maritime Research Facility to Power India’s Ship Design and Ocean Engineering Push

The core of the new facility is a hybrid wind and circulating water channel system. It provides a stable, uniform-flow test section for hydrodynamic investigations involving ship models, propellers, bluff bodies, underwater structures, offshore systems and marine vehicles. In simple terms, the tunnel allows engineers to recreate and study water-flow behaviour around maritime objects before those designs are scaled up for real-world use.

India Opens Single-Window Investor Support Portal to Strengthen Semiconductor Ecosystem

Under the Semicon India Programme, the government has so far approved 12 fabrication and packaging projects, along with 24 semiconductor design projects. This means the country’s semiconductor strategy is expanding across multiple layers of the value chain: chip design, fabrication, assembly, testing, packaging and ecosystem support. The new portal is meant to act as a bridge between policy ambition and investor execution.

India’s First Indigenous Hydrogen Train Set to Roll Out on Jind–Sonipat Route, Marking a Clean Rail Milestone

The project places India among a small group of nations actively exploring hydrogen-powered rail mobility, alongside countries such as Germany, Japan, China and the United States. Hydrogen rail technology is still at an early stage worldwide, making India’s move significant both as a technological experiment and as a statement of intent in sustainable transport.

German Agritech Firm B+H Solutions Bets on India’s Nano-Fertiliser Future with ₹11.12 Crore Investment

The company operates in India through Dr Heinisch Agro Solutions India Private Limited, and its latest expansion plan comes after securing Fertiliser Control Order registration for its AgroCopper nano-copper product. This regulatory approval is significant because fertiliser products in India need formal recognition before they can be marketed at scale. The firm is also seeking approval for nano iron, which suggests that its India strategy is not built around a single product but around a wider portfolio of metal-based nano crop inputs.

India Sets Its Textile Ambition: From Cotton Fields to a $100 Billion Export Powerhouse

India already has a strong foundation. It is the sixth-largest textile exporter in the world, contributes around 2.3% to GDP, accounts for nearly 12% of India’s total export earnings, and supports close to six crore livelihoods directly and indirectly. This makes textiles one of the rare sectors where India’s export ambition is directly linked to mass employment, rural incomes, MSMEs, women’s work participation and industrial growth.

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