Prime Minister Narendra Modi's two-day state visit to Jakarta — his first to Indonesia since 2023 — closed with a cluster of agreements that read less like a routine bilateral wrap-up and more like a strategic recalibration. The headline: India and Indonesia will jointly develop the Sabang port on Weh Island, off the northern tip of Sumatra, giving New Delhi a presence on both flanks of the Strait of Malacca. $630 Mn 3rd $9–9.7 Bn ~$28–30 Bn BrahMos-Astra missile package valu

India is moving to fit its ocean floor with a listening network. A Defence Research and Development Organisation (DRDO)-led project, detailed in reporting on July 6, 2026, will lay underwater fibre-optic cables fitted with advanced acoustic sensors designed to detect the movement and acoustic signatures of submarines operating in the Indian Ocean — providing round-the-clock underwater monitoring rather than the periodic coverage naval patrols and satellites currently allow. 2

On June 30, 2026, India's Unified Payments Interface went live in Greece — the tenth country to plug into New Delhi's homegrown payments rail, and the first in southeastern Europe. The launch was formalised at Eurobank's Athens headquarters, where Union Commerce and Industry Minister Piyush Goyal witnessed a live transaction demo, flanked by Eurobank CEO Fokion Karavias and Fairfax Digital Services CEO Sanjay Tugnait. 10 countries Jun 30, 2026 22,828 Cr ₹300 Lakh Cr UPI accep

India's Project 75(I) submarine programme — first conceived in the late 1990s — is now in its final stages of approval, with an approximately $8 billion deal for six conventional submarines from Germany's TKMS expected to be signed within weeks following Finance Ministry clearance on May 28, and the new Navy Chief assuming charge May 31. ₹70,000+ Cr ($8 Bn) 25+ years 6 45 Project 75(I) total contract value Time from original conception to near-final approval Conventional subm

Indian corporates and global investment funds are increasingly directing capital toward the United States rather than reinvesting domestically in India, according to CNBC's May 21, 2026 reporting — a trend that, if sustained, complicates the narrative of India as the default beneficiary of global supply chain diversification away from China. $90.8 Bn <$3,000 1st 2026 India's FDI inflows, 12-month trailing basis to Jan 2026, up 13% YoY India's per-capita income, a structural c

Nearly four months after India and the EU announced the political conclusion of their landmark Free Trade Agreement on January 27, 2026, the deal remains unsigned and unratified — with a separate Investment Protection Agreement still unresolved, and EU ratification, requiring all 27 member states plus the European Parliament, not expected to conclude before early 2027. Jan 27, 2026 27 Early 2027 96.6% Date FTA negotiations were politically concluded EU member states whose rat

The US Department of Justice moved to dismiss its bribery indictment against Adani Group executives, while the Securities and Exchange Commission separately reached an $18 million settlement with the conglomerate — clearing two of the most consequential overhangs on India's second-largest business group since the original allegations surfaced in November 2024. $18 Mn Nov 2024 $10 Bn 2 SEC settlement amount with Adani Group entities Original DOJ indictment date alleging briber

India's relaxed Press Note 3 rules came into effect on May 1, 2026, allowing foreign entities with non-controlling Chinese or Hong Kong ownership below 10% to invest through the automatic route in permitted sectors — the first material loosening of a six-year-old investment wall built after the 2020 Galwan clash. May 1, 2026 10% 2% $1.45 Bn Effective date of revised FDI rules Maximum non-controlling Chinese/HK stake allowed via automatic route Pre-2020 share of India's total

India and New Zealand signed a Free Trade Agreement on April 27, 2026, in New Delhi — concluded in nine months from the launch of negotiations in March 2025, making it the fastest concluded FTA in India's recent trade history. 100% $5 Bn $20 Bn 5,000 Indian exports to NZ — immediate duty-free access Bilateral trade target within 5 years NZ investment commitment into India — 15 years Annual temporary work visas for Indians The deal, the speed, and what it signals The India-New

On April 22, 2025, 26 civilians — 25 Indian tourists and one Nepali national — were killed by three armed terrorists of Pakistan-based Lashkar-e-Taiba (LeT) and its proxy, The Resistance Front (TRF) in the Baisaran Valley meadow near Pahalgam in Indian-administered Jammu and Kashmir. One year on, the attack's consequences continue to reshape India's security posture, Kashmir's economic recovery, and the India-Pakistan relationship. 26 1st 3 4 Days Civilians killed — Baisaran

India Semiconductor Mission 2.0, announced in Budget 2026-27 on February 1, has moved from announcement to operational reality in April 2026 — as the first project approved under its framework, the Odisha 3D packaging unit, broke ground, and two additional semiconductor manufacturing units received Cabinet approval in May 2026. ₹1,000 Cr ₹8,000 Cr 10 24 ISM 2.0 allocation for FY 2026-27 Modified semiconductor programme outlay FY27 Semiconductor projects approved — 6 states Ch

Mazagon Dock Shipbuilders — India's premier naval shipbuilder — has completed its first international acquisition, taking a 51% controlling stake in Colombo Dockyard PLC. It is the first time an Indian shipyard has ever acquired a majority stake in an overseas facility. The move is quiet, precisely priced, and strategically significant. ₹249.5 Cr Transaction Value 51% Controlling Stake 125,000 DWT Max Dry Dock Capacity 1974 Colombo Dockyard Founded The Acquisition — What Happ

Last updated: March 26, 2026: India is navigating what the International Energy Agency has called the largest energy supply disruption in the history of the global oil market. The immediate threat to Indian households is being managed. The geopolitical situation that created it is not close to resolution. 17% Qatar LNG capacity sidelined $20 Bn Annual revenue loss — QatarEnergy 3–5 yrs Repair timeline — LNG Trains 4 & 6 Zero India PNG & CNG supply cut The Ras Laffan Strikes:

In 2013–14, India's total defence exports stood at ₹686 crore. A decade later, that figure reached ₹23,622 crore — a 34-fold rise that tells a story of industrial transformation few outside the corridors of power in New Delhi have fully appreciated. ₹23,622 Cr Defence Exports FY25 34× Growth vs FY14 80+ Countries Supplied ₹1.51 Lakh Cr Defence Production FY25 A 34-Fold Rise in a Single Decade India's defence exports reached a historic high of ₹23,622 crore (approximately $2.7

As the calendar turns to March 2026, the fires of conflict in West Asia have reached a fever pitch. With direct military exchanges between Israel and Iran, and the United States escalating its involvement, the global order is under extreme duress. In this volatile theater, India’s foreign policy—a blend of "principled neutrality" and "strategic patience"—is often criticized as an attempt to have it both ways. However, for a rising power with massive stakes in both the East an

As the conflict in West Asia escalates into a direct confrontation involving Iran, India’s "principled neutrality" has come under intense scrutiny. While critics label New Delhi’s refusal to take a side as diplomatic timidity, a closer look reveals a masterclass in strategic autonomy. India’s stand—rooted in calls for "dialogue and diplomacy" while protecting its own interests—is not just a short-term survival tactic; it is a blueprint for long-term regional leadership. The P

India-US Interim Trade Agreement, announced February 6, 2026, via White House joint statement, marks a reciprocal framework toward a full Bilateral Trade Agreement (BTA) by March 2026. US slashes tariffs on Indian goods from 50% to 18%, eliminates duties on pharmaceuticals, gems, textiles, and machinery, while India reduces tariffs on US industrial/agri products and pledges $500 billion in purchases over five years—directly benefiting everyday Indians through jobs, stable pri

The new US–India trade deal is not just about big businesses or governments—it has the potential to make a real difference in the everyday lives of ordinary Indians. By strengthening economic ties between the two countries, the agreement is expected to support jobs, lower costs, and improve access to better products and services. For a full breakdown of the deal's structure, tariff cuts, and bilateral trade targets, read our detailed explainer: India-US Trade Deal 2026 Explai