Latest News: India and Brazil sign MoU to strengthen cooperation in the postal sector * Delhi–Meerut Namo Bharat Corridor dedicated to the Nation * India joins Pax Silica at India AI Impact Summit 2026, Deepens strategic technology cooperation with the United States

 Business

India is taking decisive steps toward self-reliance in critical materials by establishing a domestic ecosystem for Rare Earth Permanent Magnets - high-performance magnets essential for electric vehicles, wind turbines, electronics, aerospace, and defence. To support this goal, the government approved a ₹7,280 crore scheme to develop 6,000 MTPA of integrated REPM manufacturing capacity in November 2025, covering the full value chain from rare-earth oxides to finished magnets.

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India's big cities are exhausted. Delhi, Mumbai, Bengaluru, and Kolkata are choking under suffocating traffic, sky-high rents, and air that's hard to breathe. The common man is fed up with these cities.

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Presenting the Union Budget 2026-2027 in Parliament, Union Minister for Finance and Corporate Affairs Nirmala Sitharaman said, India will continue to take confident steps towards Viksit Bharat, balancing ambition with inclusion.

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India enters FY26 with strong economic momentum supported by stable macroeconomic fundamentals, sustained policy support, and broad-based sectoral performance. Despite a challenging global environment, the economy has remained resilient, with robust growth, historically low inflation, improving labour market indicators, and strengthening external and financial buffers. Coordinated fiscal, monetary, and structural policies have reinforced macroeconomic stability while supporting investment, consumption, and inclusion.

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India’s GDP growth for FY26 is estimated at 7.4 per cent, driven by the double engine of consumption and investment. It reaffirms India’s status as the fastest-growing major economy for the fourth consecutive year. This was a highlight of the Economic Survey 2025-26 tabled by the Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, in Parliament.

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Kaynes Technology India Ltd has quickly become one of the most talked-about names in the electronics manufacturing services space, and for good reason.

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