Semicon India 2026: India’s semiconductor ecosystem expanding; opening new opportunities, says Modi
Prime Minister Narendra Modi addressed the Semicon India 2026 event, highlighting India's growing potential as a reliable hub for electronics and semiconductor manufacturing. The event showcased investments and commitments from major global semiconductor firms, aligning with the second phase of the [India Semiconductor Mission] which has a significant outlay of ₹1.27 lakh crore.
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Must ReadIndia rejects Pakistan-China Boundary Joint Commission ‘which is without any legal basis’
India has firmly rejected the formation of the Pakistan-China Boundary Joint Commission, asserting it has no legal standing as there is no legitimate border between the two countries. The commission's first meeting in Islamabad prompted New Delhi to reiterate its long-standing position that the entire Union Territories of Jammu & Kashmir and Ladakh are integral parts of India.
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Must ReadIndia-US tariff saga under Trump: A look at key turning points
The article details the escalating trade tensions between India and the US under President Trump's administration, marked by a series of tariff impositions and negotiations. A central issue driving the US tariffs is India's continued purchase of Russian oil amidst the ongoing conflict in Ukraine, highlighting the intersection of trade policy and geopolitics.
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Must ReadIndia’s August exports rise 26.1%, trade deficit narrows to $26.9 billion
India's merchandise exports witnessed a significant increase of 26.1% in August, contributing to a narrowed trade deficit of $26.9 billion compared to the previous month. This positive trend was supported by broad-based growth across sectors like agriculture, pharmaceuticals, and engineering goods, while import growth moderated, particularly in gems and jewellery.
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Must ReadOman pitches new port that could give India better access to Gulf energy
Oman has invited Indian investments in its Sohar Port, offering a strategic alternative for energy shipments from the Persian Gulf. This move comes as the Strait of Hormuz faces potential disruptions due to rising geopolitical tensions between Iran and the United States, highlighting India's need to secure its energy supply chains.
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Must ReadSupreme Court expresses shock over deaths in relief camps in Manipur, asks Chief Secretary to respond
The [Supreme Court of India] has demanded accountability from the Manipur government regarding unnatural deaths of Internally Displaced Persons (IDPs) in relief camps. The Court questioned the low compensation paid and directed the [Manipur State Legal Services Authority] to ensure FIRs are registered and investigated, highlighting the ongoing humanitarian crisis stemming from the ethnic violence that began in May 2023.
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Must ReadMining amendment is unfair to States
The [Mines and Minerals (Development and Regulation) Amendment Act, 2026] proposes significant changes, particularly Section 9D, which restricts State Governments from levying taxes or cesses on mineral rights or mineral-bearing land without Central government conditions. This amendment has sparked a debate on federalism, as it potentially curtails the fiscal autonomy of mineral-rich states like Odisha and Chhattisgarh, despite the Centre's goal of creating a predictable tax environment for long-term investments.
Must Read‘Fed’ up with inflation? US rate hike leaves RBI with an October-or-December dilemma, economists say
The [US Federal Reserve] raised its key interest rate by 25 basis points for the first time since 2023, signaling a **hawkish** stance to combat persistent inflation. This global monetary tightening places pressure on the [Reserve Bank of India], which now faces the dilemma of balancing imported inflation and currency depreciation against domestic growth concerns, with analysts debating whether the [Monetary Policy Committee] will hike the **repo rate** in October or December.
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ImportantCurrency conundrum: On the BRICS New Delhi Declaration
The recent [BRICS] New Delhi Declaration highlights the incremental and challenging nature of shifting towards local currency trade among member nations. The editorial analyzes India's cautious stance on this issue, contrasting the strategic needs of countries like Russia and Iran (who face Western sanctions) with India's economic pragmatism, concerns over Chinese dominance, and desire to avoid US tariff threats.
Read on The HinduDive Into Study NotesIndia’s billion-dollar trade juggernaut has an unwanted case of missing balance
Recent data analysis reveals that India's early **Free Trade Agreements (FTAs)** with Asian economies (ASEAN, Japan, South Korea) have led to a massive surge in trade deficits, with imports growing significantly faster than exports. Experts emphasize that while FTAs are not inherently undesirable, the structural asymmetries in tariffs, non-tariff barriers, and domestic manufacturing constraints require urgent review and course correction to ensure balanced economic outcomes.
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