DIGITAL ECONOMY INDIA
Nirmala Sitharaman flags global risks, says PM Modi Govt ensuring supply stability amid crude, Hormuz pressures
Union Finance Minister Nirmala Sitharaman said India faces risks from crude prices, Middle East tensions and Strait of Hormuz disruptions, but Prime Minister Modi's government is ensuring there is "not a supply disruption" for households and the economy. She made the remarks at the Viksit Bharat event in Karnataka on Sunday while laying out India's economic growth story.
FM Nirmala Sitharaman targets Rahul Gandhi, says India's growth story belies Opposition's doom predictions
Responding to Rahul Gandhi's criticisms, Finance Minister Nirmala Sitharaman confidently proclaimed India as the fastest-growing major economy globally. Citing impressive GDP growth rates and IMF support, she argued that the country's economic resilience is undeniable.
PM Modi interacts with investors, venture capitalists in Nice ahead of Bharat Innovates 2026
Prime Minister Narendra Modi met with top investors and innovation leaders in Nice, France. This event precedes the Bharat Innovates 2026 conclave, highlighting India's growing tech and startup strengths. The Prime Minister will also hold bilateral talks with French President Emmanuel Macron. India's participation at the G7 Summit and VivaTech Summit will further showcase its global role.
In most aggressive phase of India expansion; here for long-term market wins: Amazon India head
Amazon is in its most aggressive expansion phase in India, with plans to invest $35 billion by 2030 on top of the $40 billion already committed, India head Samir Kumar said. The company is ramping up investments in e-commerce, AI, exports and quick commerce through Amazon Now, while targeting 100 cities and 1,000 micro-fulfilment centres.
LIC targets stronger market leadership as it approaches its platinum jubilee
LIC CEO R Doraiswamy stated the corporation will maintain its leadership in the life insurance sector and contribute to national development as it approaches its platinum jubilee. With a nearly 60% market share and substantial assets, LIC's growth is intertwined with India's economic progress, aiming to support the nation's 'Viksit Bharat' vision.
India's technological self-reliance to be on display at VivaTech 2026 in Paris: Jawed Ashraf
India is the AI Partner Country at VivaTech 2026 in Paris. The nation will display its advancements in sovereign AI capabilities and self-reliance. Prime Minister Narendra Modi will deliver the keynote address. This event highlights India's commitment to shaping the future of AI and its global role.
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India's productivity gap with China widens despite strong GDP growth; manufacturing leap still missing: Report
India's labour productivity gap with China has widened significantly since 2000, despite strong economic growth. The country has yet to achieve an industry-led productivity transformation seen in peers like China and South Korea. Structural constraints, economic disruptions, and the pandemic have hampered progress, with a need for deeper reforms beyond current initiatives.
India has capacity to repay 94% of its foreign debt in a single day, says Devendra Fadnavis
Maharashtra CM Devendra Fadnavis dismissed economic slowdown fears, stating India can repay 94% of foreign debt in a day and has reserves for 11 months of imports. He highlighted India's robust GDP growth, remaining the world's fastest-growing economy despite recession predictions, and its emergence as the fourth-largest economy.
Is India's economic growth real? Raghuram Rajan says something is off
Former RBI Governor Raghuram Rajan questions India's strong economic growth figures, citing weak corporate investment and declining foreign capital inflows. He argues these factors are difficult to reconcile with official data, suggesting a disconnect between headline numbers and business behavior. Rajan also highlights the lack of a clear economic roadmap and warns of vulnerabilities from the Middle East conflict.
ET Alpha Wealth Summit Masterclass | 'When you zoom out, things look very good;" Vikas Khemani on the India story every investor needs to hear now
India has built a strong foundation for growth over the past decade, according to Vikas Khemani of Carnelian Asset Management. He highlighted robust digital and physical infrastructure, alongside regulatory reforms. With a young demographic and a diversified economy, India is poised for significant wealth creation, particularly in manufacturing, financials, consumption, services, and infrastructure over the next decade.
Karnataka CM Shivakumar points to migration pressure on Bengaluru, seeks Centre’s support
Bengaluru's Chief Minister DK Shivakumar has requested additional infrastructure funding from the Centre. The city's status as India's technology hub attracts significant migration, straining its resources. Karnataka seeks Central support for a rapid rail network connecting Bengaluru with neighbouring cities. The state contributes over 40% of India's services exports and is a leader in technology and innovation.
Payoneer India Cross-Border Excellence Awards 2026 launched to recognise the country’s leading cross-border businesses
Payoneer and The Economic Times have launched the Payoneer India Cross-Border Excellence Awards 2026. These awards will celebrate Indian businesses and entrepreneurs contributing to the nation's cross-border commerce growth. Nominations are now open for various categories including service exports, e-commerce, and D2C brands. An exclusive gala in New Delhi will mark the culmination of this initiative in September 2026.
Autodesk revamps self-serve store for next generation of creators and builders
This digital-first approach simplifies discovery, purchase, and management of Autodesk solutions, reflecting India's growing digital economy and the evolving online procurement habits of its creator community.
Meta partners with Reliance to set up its first data centre in India
Meta Platforms is significantly boosting its India investments with a new 168 MW data center in Jamnagar, Gujarat, in partnership with Reliance Industries. This facility will support Meta's global AI infrastructure and is powered by renewable energy. Additionally, Meta has expanded its renewable energy collaboration with Clean Max to over 900 MW, developing new solar and wind projects across India.
Charting 6G Road Map: Talks soon with focus on desi tech and patents
India is initiating plans for a 6G mobile communication transition. Discussions will focus on developing local technology and fostering research. The goal is to integrate AI and ensure universal coverage, including remote areas. India aims for a significant share of global 6G patents. Preparations are underway for a future rollout.
Reliance, Meta announce Jamnagar data centre; CleanMax to supply over 900 MW renewable energy capacity
Meta Platforms is investing heavily in India's digital future. The company is partnering with Reliance Industries to build a new data center in Gujarat. This facility will support Meta's global AI needs. Additionally, Meta is expanding its renewable energy partnership with CleanMax. This collaboration will add over 900 MW of solar and wind power capacity.
Govt highlights tax reforms, investor confidence as Modi completes 12 years as PM
Prime Minister Narendra Modi has completed twelve years as India's longest-serving elected leader. The government highlights significant achievements in tax reforms, digital expansion, and economic growth. India has transitioned to become the world's fastest-growing major economy. These reforms have boosted investor confidence and are paving the way for a USD 5 trillion economy.
Mobile data cost dips 97% to Rs 8 per GB, broadband users up 17x in 12 years of Modi govt
Internet data costs have fallen dramatically by 97 percent since 2014, making it more affordable. This has led to a significant increase in internet users, especially in rural areas. The digital economy is booming, with mobile phone manufacturing and exports also seeing massive growth. India is becoming a leader in digital transformation and technology.
Retailers' body flags rise in illicit trade, seeks curbs on e-commerce practices
Retailers in India are facing challenges from e-commerce. The Federation of Retailers Association of India highlights issues like counterfeit products and unfair pricing. Small businesses are struggling against these practices. They are urging the government for stronger regulations.
Income tax burden reduction over 12 years reflects 'Ramrajya', government says
A government booklet marks Narendra Modi's tenure as India's longest-serving Prime Minister. It highlights tax reductions and reforms like GST and Digital India. These initiatives have built public trust and supported India's journey towards becoming a USD 5-trillion economy. Increased taxpayer confidence fuels investment in national development.
BFSI’s new trust economy: Why privacy is the quietest driver of growth
With India's DPDP framework taking shape, forward-looking financial institutions are turning privacy into a competitive advantage with support from HabileLabs.
Meta partners with Reliance to lease 168 MW AI data centre in Jamnagar
Meta has deepened its India bet by partnering with Reliance Industries to build its first AI-ready data centre in the country, leasing 168 MW of capacity at Reliance's upcoming hyperscale campus in Jamnagar, Gujarat. The deal marks a significant milestone in the long-standing Meta-Reliance relationship and highlights India's emergence as a major hub for AI data centres. Roughly $270 billion cumulative investment has been committed by global hyperscalers and Indian conglomerates in data centres.
Regional retail companies chase IPO gold to fund dreams
Small towns in India are becoming major retail growth centers. This is leading many regional companies to plan initial public offerings. These companies aim to raise significant funds to expand their operations. Rising incomes and better connectivity are fueling this trend. Consumers in these areas are increasingly buying branded products. This shift signals a new era for Indian retail.
PM Modi to attend G7 Summit, may meet Trump in France
Prime Minister Narendra Modi embarks on a significant two-nation tour to France and Slovakia. He will attend the G7 Summit in France and a technology conference in Paris. This visit aims to highlight India's role as a global hub for innovation and digital transformation. The trip is expected to foster new partnerships with Europe.
5-day BRICS meeting begins in Indore, to discuss global issues in agriculture sector
A significant five-day BRICS meeting has commenced in Indore. Officials are deliberating on crucial topics including food security, smart agriculture, and farmer welfare. This conference, held under India's chairmanship, will also see agriculture ministers convene. Discussions will cover agricultural trade, digital farming, and AI. A joint declaration is expected upon consensus.
To bring the world, sell India better: The $200 million fix India needs to unlock a tourism windfall
India's tourism sector faces challenges due to a near-zero overseas marketing budget. This has kept international arrivals below pre-pandemic levels, unlike competitor nations. A strategic investment in digital marketing and deregulation can unlock significant foreign exchange, job creation, and economic growth. India's tourism potential is immense, but it requires activation.
'Our India policy starts with a clean slate and shared economic goals'
Nepal's Foreign Minister Shishir Khanal is visiting India to foster stronger ties. The new Nepali government prioritizes good governance and economic growth. Nepal looks to India for investment and collaboration in energy, tourism, and technology. Both nations aim to resolve boundary issues through calm, evidence-based discussions. Nepal seeks to build a double-digit growing economy with India's support.
AirTrunk announces $30 billion investment in India for data centers
AirTrunk plans a massive $30 billion investment to build 5 gigawatts of data center capacity in India by 2030. This significant investment aligns with India's digital infrastructure goals. The company's CEO met with Prime Minister Modi, highlighting India's favorable conditions for technology investment. This initiative will create numerous local jobs and attract substantial cloud and AI investment.
India's long-term story intact despite short-term headwinds: Citi CEO Jane Fraser
Citi CEO Jane Fraser sees India's long-term growth story remaining strong. She highlighted India's reform momentum and digital transformation. Emerging technologies like AI will unlock significant opportunities. Fraser urged investors to focus on India's potential, not short-term challenges. Prime Minister Modi conveyed commitment to reforms and industry growth. India's digital progress is a striking change.
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