Domestic mutual funds' total assets under custody surpassed those of foreign institutional investors for the first time in June 2026, reaching ₹76.41 lakh crore against FIIs' ₹76.22 lakh crore.
The RBI has reiterated that India's crypto policy should move towards prohibition, while the income tax department flagged difficulties in monitoring and taxing crypto traded via offshore platforms.
The IMF marginally lowered India's FY27 growth forecast to 6.4% while retaining India as the world's fastest-growing major economy, and cut its 2026 global growth forecast to 3%.
The National Stock Exchange will launch India's first exchange-traded natural gas futures, benchmarked to Indian Gas Exchange prices at the Dahej hub, from July 27, 2026 after SEBI approval.
NPCI partnered with HSBC India to provide real-time foreign-exchange settlement for cross-border payments, making international UPI transactions faster and more transparent for Indian travellers.
ISRO successfully conducted the fifth Integrated Main Parachute Air Drop Test (IMAT-05) for the Gaganyaan programme, qualifying the crew module's main parachute for the first uncrewed G1 mission.
The world's first commercial nuclear-powered satellite, using City Labs' tritium-based BOHR power system, was launched into orbit aboard a SpaceX Falcon 9 rocket.
India and Indonesia signed preliminary agreements for Jakarta to procure the BrahMos supersonic cruise missile system and Astra air-to-air missiles, with the BrahMos component estimated at around $200 million, during PM Modi's visit.
DRDO is reportedly reviving its indigenous 'Kaveri' fighter-jet engine programme as 'Kaveri 2.0', aiming to cut India's dependence on foreign engines after cost and supply setbacks with GE Aerospace.
India will require 888 GWh of energy storage system capacity by 2035-36, up from about 1 GWh today, according to the India BESS Market Review released by IESA and Customized Energy Solutions at India Energy Storage Week 2026.
The All India Survey on Higher Education (AISHE) shows total student enrolment reached 4.5 crore in 2023-24, a 31.5% rise since 2014-15, with women and marginalised groups recording the strongest gains.
India and Rwanda decided to expand defence cooperation in military training, exercises, medical collaboration and defence industries at the second Joint Defence Cooperation Committee meeting held in New Delhi on July 6-7, 2026.
The BRICS Women's Ministerial Meeting opened in Kochi to strengthen cooperation on women's empowerment and sustainable development, with a joint statement to be adopted.
