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Latest News on the Indian Economy

June 03, 2026

Union Minister Mr. Jyotiraditya M. Scindia launches Mission "Senehjori" for Assam Muga Silk

Mission Senehjori aims to transform Assam’s Muga silk sector into a globally competitive luxury textile ecosystem through value-chain development, branding, digital traceability and export promotion.

Trade pact with Oman strengthens India's energy security

The India-Oman CEPA, effective June 1, 2026, is set to strengthen India’s energy security, boost bilateral trade and improve market access for Indian exporters while ensuring reliable supplies of key energy resources and industrial inputs.

India, Germany explore cooperation in quantum communication, space and deep-tech innovation

India and Germany are exploring expanded cooperation in quantum communication, space technologies and deep-tech innovation to strengthen bilateral technology partnerships, accelerate research collaboration and support innovation-led economic growth.

India to host Second BRICS Culture Working Group Meeting in Varanasi

India will host the second BRICS Culture Working Group Meeting in Varanasi on June 4-5, 2026, to enhance cultural cooperation and heritage preservation among BRICS nations.

Serum Institute of India to manufacture Oxford Ebola vaccine backed by US$ 8.6 million CEPI funding

The Serum Institute of India (SII) will manufacture trial doses of Oxford University’s experimental Ebola vaccine, supported by CEPI funding, to accelerate protection against the Bundibugyo Ebola outbreak in Africa. 

Shrimp startup Aquapulse bags US$ 4.72 million to connect farmers with global buyers

Aquapulse has raised US$ 4.72 million to scale shrimp farming technology, strengthen farmer support and expand seafood exports through direct global market access.

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