India’s services Purchasing Managers’ Index (PMI) rose to an 11-month high of 60.5 in July 2025, driven by strong demand and exports, even as hiring slowed and price pressures rose.

India and the Philippines elevated ties to a strategic partnership, pledging expanded cooperation across defence, trade, technology, and Indo-Pacific collaboration.

India is advancing electric vehicle (EV) adoption through schemes like FAME-II, PM E-DRIVE, and PM-eBus Sewa, with over US$ 4.83 billion allocated to boost demand, infrastructure, and localisation ...

Under the new ‘Tarun Plus’ category of PMMY, banks sanctioned over US$ 561 million by June 2025, while PMJDY efforts continue to boost financial inclusion and digital adoption nationwide.