India-Iceland relations have strengthened since the India-EFTA Trade and Economic Partnership Agreement came into force, Iceland Ambassador Benedikt Hoskuldsson told IANS, highlighting cooperation in tourism, marine investment, geothermal technology and carbon capture.
India’s defence production reached a record Rs 1.8 lakh crore in FY26, up 15.6% year-on-year, while defence exports jumped 63% to around Rs 38,000 crore, according to an Emkay Global Financial Services report.
Fitch Ratings has raised India’s FY27 GDP growth forecast to 6.9% from 6.4%, citing stronger-than-expected economic activity and resilience to energy-price shocks linked to West Asia tensions.
ICAR-Central Marine Fisheries Research Institute (CMFRI) has clarified that tuna caught along the Indian coast is safe to eat. The institute said parasite reports from tuna caught off Brazil cannot be linked to fish from Indian waters and advised consumers to follow proper cleaning, handling and thorough cooking practices.
India’s new mandatory quality standards for smartphone screen protectors are expected to boost domestic manufacturing and create around 60,000 direct and indirect jobs, according to ICEA. Screen protectors will require BIS registration from April 1, 2027, under the Compulsory Registration Order (CRO).
Finance Minister Nirmala Sitharaman urged Indian businesses to move beyond manufacturing and focus on innovation, design, engineering, patents, software and technology to capture greater value in global markets.
The Centre has released Rs 6,406.99 crore to States and Union Territories under the National Ayush Mission between FY15 and FY26 to expand Ayush healthcare, modernise clinics and integrate traditional medicine with public health services.
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