Governing for the India That Can Be: India’s Political Shift From Managing Problems to Building Solutions
There are two fundamentally different ways to approach public policy. One begins with the country
Economy
News on Indian Economy
India–Taiwan Deep-Tech Investment Link Expands With ₹1,000-Crore Advanced Manufacturing Fund
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 Begins Global Shipments of DRAM and NAND Products From Sanand as India’s Semiconductor Manufacturing Scales Up
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.
India Records $20.8 Billion Balance-of-Payments Surplus in July as Foreign-Exchange Inflows Surge
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.
India and Thailand Move Toward UPI–PromptPay Link and Rupee–Baht Settlement to Deepen Economic Integration
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.
Moody’s Raises India’s FY2026-27 Growth Forecast to 7% as Economy Shows Resilience Amid Global Shocks
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.
Chennai–Vladivostok Eastern Maritime Corridor: From the Chola Maritime World to a New India–Russia Gateway
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 Examines an Earlier Path to Thorium Through Its Existing PHWR Fleet
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.
Aheesa Digital Innovations Unveils Indigenous Broadband Chip Vihaan-I
The Chennai-based deep-tech company showcased the chip at SEMICON India 2026, highlighting the growing contribution of Indian startups towards building a domestic semiconductor ecosystem that extends beyond chip design services into complete semiconductor products.
Aadhaar Biometric Authentication Made Mandatory for Subsidised LPG Refills From October 2026
The move is aimed at strengthening the LPG subsidy delivery mechanism by ensuring that benefits reach genuine beneficiaries, reducing duplicate or inactive connections, and improving transparency in the distribution system.