News on Indian Economy
Under the agreement, Equinor will supply Deepak Fertilisers with up to 0.65 million tonnes of LNG every year for 15 years. The LNG will be delivered to the west coast of India, where it will be regasified and transported through pipeline infrastructure to support Deepak Fertilisers’ manufacturing operations.
The wider TVS industrial ecosystem has extensive capabilities in manufacturing, electronics, sensors, automotive components and engineering products. This provides SibSensor with access to an Indian partner that already operates across multiple industrial sectors and has established relationships with domestic customers and manufacturers.
There are two fundamentally different ways to approach public policy. One begins with the country
The Asiana–JC Capital Advanced Manufacturing & Innovation Fund has been structured with a primary corpus of ₹600 crore and a ₹400-crore greenshoe option, taking its total potential size to ₹1,000 crore.
Micron formally opened the Sanand facility on 28 February 2026. The plant receives advanced DRAM and NAND wafers produced elsewhere in Micron’s global manufacturing network and converts them into finished memory and storage products through assembly and testing operations.
Preliminary data released by the Reserve Bank of India show a clear divergence between India’s current account and its overall external balance. While the current account weakened because of a larger merchandise trade deficit, strong financial inflows generated a substantial overall surplus and strengthened the country’s foreign-exchange position.
Technical teams from India and Thailand are working on linking UPI with PromptPay, Thailand’s major real-time retail payment platform. The objective is to enable easier cross-border digital payments between users and merchants in the two countries.
The revision comes after India recorded real GDP growth of 7.8% during the April-June quarter of FY2026-27, supported by strong investment activity, manufacturing and domestic demand.
The corridor is no longer merely a proposal. Cargo has already begun moving through the route, and both India and Russia are seeking to expand its commercial utilisation as bilateral trade grows towards the target of more than $100 billion by 2030. The route has particular relevance for bulk commodities such as coking coal and crude oil, while its longer-term potential extends to fertilisers, LNG, timber, industrial goods, pharmaceuticals and containerised cargo.
India’s nuclear programme was designed around a fundamental resource imbalance. The country possesses relatively modest uranium resources but very large reserves of thorium-bearing minerals, particularly monazite associated with coastal mineral sands.
