Economy

News on Indian Economy

India Launches Mission Rangeen Machhli 2031 to Build a Scientific and Export-Ready Ornamental Fisheries Sector

The mission seeks to create a common national framework covering breeding, hatchery management, fish health, quarantine, traceability, aquarium operations, transport and trade. By introducing standard operating procedures across the value chain, the government aims to improve quality, strengthen biosecurity and prepare Indian ornamental-fish producers for certification and wider market access.

Syrma SGS and Italy’s Elemaster Open Advanced Electronics Manufacturing Hub in Bengaluru

Located in the Bommasandra Industrial Area, the new facility has an initial footprint of about 20,000 square feet and is equipped with Surface Mount Technology, Through-Hole Technology and box-build assembly lines. It has been designed to manufacture electronics for sectors where product reliability, process control and stringent quality standards are particularly important.

Novonesis Bets €600 Million on India With Advanced Enzyme Manufacturing Hub in Maharashtra

The expanded facility is expected to become fully operational in 2030. Once completed, it will manufacture enzymes used across a wide range of industries, including biofuels, household-care products and food and beverages. Novonesis says the investment will substantially increase its production capacity as global demand for biological solutions continues to grow.

BRICS Currency: How the Bloc Is Building a New Cross-Border Payment Architecture Without a Common Currency

This distinction is particularly important as India prepares to host the 18th BRICS Summit in New Delhi on September 12 and 13, 2026. The stronger and more realistic story is not the imminent creation of a single BRICS currency, but the gradual construction of a financial architecture that could allow BRICS economies to conduct significantly more business in their own currencies.