Latest News on the Indian Economy

May 13, 2026

Advanced Postal Technology 2.0 empowers branch offices with real-time performance monitoring

Advanced Postal Technology 2.0 (APT 2.0) is modernising India Post through real-time monitoring, AI-driven analytics and data-backed decision-making, improving operational efficiency and customer service across branch offices.

Commerce Minister Mr. Piyush Goyal asserts Indian businesses must strengthen domestic industry to reshape global trade

India highlighted its economic resilience and export strength at the CII Annual Business Summit 2026, while emphasizing domestic industry growth and skill-based education reforms.

AI-enabled Systems introduced by IMD to provide Hyper-Local Weather forecasts: Union Minister Dr. Jitendra Singh

The Ministry of Earth Sciences has launched two AI-based weather forecasting systems to enhance hyper-local forecasting and support sectors such as agriculture and disaster management.

Public Sector Banks (PSBs) record an all-time high net profit of US$ 22.59 billion in 2025-26, marking the fourth straight year of profitability

India’s Public Sector Banks recorded an all-time high net profit of Rs. 1.98 lakh crore (US$ 22.59 billion) in 2025-26, supported by robust credit growth, improved asset quality, stronger capital adequacy and continued banking sector reforms.

LANXESS inks pact with HPCL to sell aviation, industrial lubricants in India, SAARC region

LANXESS and HPCL have partnered to market aviation and industrial lubricants across India and the SAARC region, aiming to expand access to advanced lubricant solutions for rapidly growing industrial and aviation sectors. 

Hindustan Zinc signs MoU with Group Nirmal to set up wire manufacturing unit in Rajasthan

Hindustan Zinc and Group Nirmal will set up a zinc wire manufacturing unit in Rajasthan to strengthen downstream zinc manufacturing and meet rising demand from infrastructure, renewable energy and industrial sectors.

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