India Retains World No. 1 Position in Number of IPOs, Ranks Third Globally in Funds Raised
According to SEBI, India witnessed a record 366 IPOs during FY2025–26, collectively mobilising approximately ₹1.9 lakh crore.
Economy
News on Indian Economy
India’s Forex Reserves Surge $10.5 Billion to $692.87 Billion, Post Biggest Weekly Rise in Six Months
The latest figures released by the Reserve Bank of India (RBI) mark the biggest weekly increase in India’s foreign exchange reserves in around six months and take the reserve stockpile to its highest level in more than two months.
India’s Private Space Sector Unveils 800 kN Methalox FFSC Engine, Targets Reusable Medium-Lift Rocket
EVEREST has been designed as a high-thrust propulsion system for reusable launch vehicles and represents one of the most technologically ambitious rocket-engine programmes currently being pursued by an Indian private company.
GeM Completes 10 Years, Crosses ₹20 Lakh Crore in Public Procurement; IIT Delhi Estimates ₹1.76 Lakh Crore Social Savings
GeM was launched in 2016 to create a transparent, technology-driven marketplace connecting government buyers with suppliers across the country. Over the past decade, it has grown from a relatively small procurement platform into one of the largest digital public procurement systems in India.
India Helps Nepal Rebuild Two Schools in Kavrepalanchowk Under Post-Earthquake Partnership
Foundation stones have been laid for new buildings at Shree Janak Secondary School and Shree Janhit Secondary School, with the two projects carrying a combined estimated cost of NPR 11.85 crore.
QpiAI: Building India’s Full-Stack Quantum Computing Ecosystem
QpiAI was established in Bengaluru in 2019 with the objective of combining artificial intelligence, quantum computing and high-performance classical computing. Its multidisciplinary team works across superconducting electronics, semiconductor technology, device physics, quantum algorithms, machine learning, software engineering and high-performance computing.
India and South Africa Target Deeper Cooperation in Critical Minerals, Pharmaceuticals and Manufacturing
Goyal said the discussions covered the signing of the Terms of Reference for the India–SACU agreement, the early conclusion of negotiations and cooperation in strategically important sectors including critical minerals, pharmaceuticals and manufacturing.
India’s Steel Sector Sustains Growth as Consumption Rises 7.8% During April–July 2026
Crude-steel production stood at 14.3 million tonnes during the month, compared with 14.1 million tonnes in July 2025, marking growth of 1.2%. Finished-steel production increased by 1.4% to 13.7 million tonnes, while hot-metal production rose by 1.6% to 8.1 million tonnes.
Cabinet Approves ₹23,731-Crore GOBARdhan Scheme to Build a National Compressed Biogas Economy
The government expects GOBARdhan to enable nearly ten-fold growth in domestic compressed biogas production while attracting large-scale private investment and strengthening India’s energy security.
India Successfully Tests Agni-4, Reinforcing the Readiness of Its Strategic Missile Force
The Ministry of Defence said the missile was launched on August 6, 2026, under the aegis of the Strategic Forces Command. The flight validated all designated operational and technical parameters, indicating that the missile, its mobile launching system, command procedures and supporting tracking infrastructure performed according to mission requirements.