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