News on Indian Economy
Industry revenue is expected to rise from ₹7.56 lakh crore in FY26 to ₹11.87 lakh crore by FY30. Annual growth is estimated at 7% in FY27, 12% in FY28 and 10% in FY29, while EBITDA could increase at a faster CAGR of 15%.
The digital identification system is designed to provide farmers with a unified identity that can be connected with government schemes, agricultural records and support services. States are using Farmer IDs to simplify registrations and benefit delivery under programmes such as the Pradhan Mantri Kisan Samman Nidhi, Pradhan Mantri Fasal Bima Yojana and Minimum Support Price-based procurement.
Implemented by the Department for Promotion of Industry and Internal Trade, the initiative seeks to select, brand and promote at least one product from every district. Products are chosen by the respective State and Union Territory governments based on local resources, skills, heritage and production strengths.
In April 2026, Ati Motors formally changed its name to Ati Robotics. The rebranding reflected its evolution from a manufacturer of autonomous vehicles into a broader industrial-automation company combining robots, fleet-management software, factory data and artificial-intelligence systems. Existing Sherpa product names, customer contracts and deployments continued under the new identity.
Three industrial diagnostic technologies developed by CSIR–Central Scientific Instruments Organisation—the Induction Motor Stethoscope, Portable Universal Motor-cum-Pump Performance Monitor and i-Power Quality Analyser—were licensed to Pump Academy Private Limited.
CynLr is attempting to solve one of robotics’ most persistent problems: enabling machines to act effectively when the physical world fails to match a predefined programme.
The four-day round of talks was held from July 20 to 23, 2026, at Vanijya Bhawan in New Delhi. Negotiators and technical experts from both countries held detailed discussions across the major areas proposed for inclusion in the agreement.
The country’s total services exports have expanded considerably over the past five years, rising from USD 254.5 billion in 2021–22 to USD 325.3 billion in 2022–23, USD 341.1 billion in 2023–24 and USD 387.5 billion in 2024–25 before reaching USD 421.3 billion in 2025–26.
According to the Gem and Jewellery Export Promotion Council, gross exports rose 26.51% year-on-year to ₹20,774 crore, equivalent to about US$2.21 billion. The performance highlighted the resilience of one of India’s most important export-oriented manufacturing industries.
The company posted a net profit (PAT) of ₹1,636 crore for the quarter ended June 30, 2026, registering a 138% year-on-year increase from ₹685 crore recorded in the corresponding quarter of the previous fiscal. Profit before tax (PBT) stood at ₹2,159 crore, up significantly from ₹890 crore a year ago.
