Business

India's economic future is more closely aligned with Western economies than with emerging-market blocs such as BRICS, according to Trinh Nguyen, Senior Economist for Emerging Markets at Natixis. Her argument rests on the structure of trade, comparative advantage, and the basis for India's export growth.

This massive clean-up effort, aimed at maintaining an accurate database, was confirmed by the Union Minister of State for Electronics and Information Technology, Jitin Prasada, in a submission to the Lok Sabha on Wednesday.

The Ministry of Electronics and IT has announced that the 'Semicon India Programme' is progressing rapidly, with 10 major projects now officially approved. This initiative, with a total outlay of Rs 76,000 crore, was designed to build a comprehensive ecosystem for chip manufacturing in India.

The Indian automotive sector recorded a steady climb in the first ten months of the current fiscal year, with cumulative domestic two-wheeler (2W) sales growing by 9 per cent year-on-year (YoY) to 1.5 crore units and the passenger vehicle (PV) industry posting a 7 per cent YoY increase to approximately 35.2 lakh units. According to the monthly volume update for the automotive industry report by Axis Direct, this broad-based growth spanned across two-wheelers, three-wheelers (3W), passenger vehicles, commercial vehicles (CV), and tractors.

Government's recent announcement to introduce 100 per cent FDI in the insurance sector has granted "more power to the regulators," said LIC MD, Dinesh Pant.

Emerging markets showed notable resilience despite heightened volatility at the start of 2026. However, India and Indonesia remained underperformers, even as emerging market assets delivered a strong start to the year, according to a Deutsche Bank report.