All you need to start your day informed in under 6 mins
Good Morning India 🇮🇳
So here’s what you can order in Delhi: groceries on Blinkit, gadgets on Amazon, and now rain from the skies. The city’s spending ₹3.21 crore on its first-ever “fake rain” pilot, with cloud seeding planned from July 4–11 across five 90-minute flights, each set to soak ~100 km² of the capital (putting in a formal request for Gol Gappe ka Paani to pour down instead).
Now, let’s get into the dispatch! 🚀
Today’s reading time in 5 mins.
Power ⚡
India’s power demand to triple by 2035
Image credits: Pexels
India is gearing up for a massive surge in energy demand. According to a new report by Omniscience Capital titled "Watt’s The Future", the country’s electricity demand could triple by 2035, rising to an estimated 4,041 terawatt-hours (TWh) from 1,399 TWh in 2023. This surge is being powered by a mix of industrial growth, electric mobility, expanding data infrastructure, and the changing dynamics of domestic power use.
Sector-wise Surge
The industrial sector, already India’s largest power consumer, is expected to see consumption jump from 590 TWh in 2023 to 1,650 TWh by 2035, a number alone surpassing India’s current total power consumption in 2023.
The transport sector is next in line for an electric leap. With the accelerating adoption of EVs and charging infrastructure, demand here is expected to shoot up from 25 TWh to 162 TWh.
Commercial and services sector, driven by urban sprawl and digital infrastructure in Tier 2 and Tier 3 cities is projected to climb from 181 TWh to 798 TWh.
Lastly, residential power use is also on the rise. Improved electrification and increased use of appliances are likely to push household consumption from 362 TWh to 1,098 TWh by 2035.
How will this be addressed?
The report notes that the projected rise in electricity demand will require significant upgrades in power generation, transmission, and distribution infrastructure. It estimates that ₹60 to 65 lakh crore may need to be invested over the next decade to meet the future electricity requirements of the country.
Economy 🏦
India’s economic outlook: What does the picture say?
Image credits: Demat dive
According to a report titled Population, Productivity, Partnership: Rethinking G7 Collaboration, India’s economy has been on a remarkable upward trajectory. From 2021 to 2024, the country clocked an average real GDP growth of over 8%, outperforming all G7 nations, including the US, UK, Germany, Japan, Italy and France. This momentum is expected to continue, fuelled by strong domestic demand, sound macroeconomic fundamentals, and a favourable demographic profile.
Projections and initiatives supporting this development
The IMF projects that India will sustain an average growth rate of over 6% through 2029. Hemant Jain, President of the PHD Chamber of Commerce and Industry, attributes this resilience to landmark reforms like the GST rollout, the Production Linked Incentive (PLI) scheme, the Insolvency and Bankruptcy Code, and the expansion of digital infrastructure through Aadhaar and UPI.
Role of demographics and purchasing power
On the global scale, India’s weight is also rising. In purchasing power parity (PPP) terms, India’s share of global GDP increased from 7% in 2020 to 8.3% in 2024, with projections pushing it past 9% by 2029. A critical factor behind this economic dynamism? Demographics. With 68% of the population in the working-age group (15–64 years), India has one of the world’s most potent labour forces.
Further optimism comes from the UK’s Global Trade Outlook, which predicts India will become the world’s third-largest economy by 2028. The report also flags a shift in Asia’s growth epicentre, from China to India. Trade agreements, particularly the India–UK Free Trade Agreement and a potential deal with the US, are expected to unlock greater opportunities.
In short, the outlook seems sunny. But sustaining this momentum will depend on how well India navigates global uncertainties, domestic reforms, and equitable wealth distribution. The opportunity is real, and the spotlight is on.
BUSINESS INDIA
DHANDA HAI YEH!
India’s Electronic boom: India's electronic production is set to reach ₹27.7 lakh crore by FY28, growing at a 27% CAGR. This boom is driven by government support, rising domestic demand, and global firms eyeing India as a manufacturing hub.
Cement Industry Boost: India's cement sector saw a 9% volume rise and 8% price hike in May. Industry output is projected at 480 MT in FY26, driven by housing and infrastructure demand, with improved operating margins expected.
Indian Market Soars: Nine of India's top 10 most valued firms saw their market cap surge by ₹2.34 lakh crore last week. Reliance Industries gained the most while Infosys was the only loser.
India’s Forex Dip: India's forex reserves dipped by ~$1 billion as of June 29, 2025. However, despite this recent slight fall, RBI data confirms strong resilience for India's external sector.
Dockyard Deal: India’s Mazagon Dock Shipbuilders Limited is set to acquire a controlling stake in Sri Lanka's Colombo Dockyard in a $52.96 million deal. This marks its first international venture, securing a strategic foothold in the Indian Ocean amid China’s growing outreach in the region.
WORLD: BUSINESS AND GEOPOLITICS 🌍
KYA CHAL RAHA HAI?
Russia–Ukraine war: Russia launched its biggest aerial attack on Ukraine since the war started, firing a total of 537 aerial weapons, including 477 drones and decoys and 60 missiles. It hit multiple regions, causing damage and casualties, including a Ukrainian F-16 pilot killed.
Iran opens airspace: Iran has reopened parts of central and western airspace for international overflights after a ceasefire with Israel. It had already opened its eastern airspace on Wednesday; however, flights to the northern, southern, and western airports, including Tehran, remain suspended.
Trump’s controversial bill: US Senate advanced Trump’s ‘Big beautiful bill’ including tax-cuts, spending reductions and deportation funding narrowly with a 51-49 vite in favour, clearing the way for formal deabte. It extends 2017 tax cuts, boosts defence/border spending but could add $3 trillion to the national debt.
Pakistan hit by multiple earthquakes in one day: Pakistan was rocked by three earthquakes in 24 hours, with no immediate reports of casualties or damage. The three earthquakes were recorded at a magnitude of 5.2, 4.5, and 3.8.
Japan launched its new climate-monitoring satellite, GOSAT-3, aboard an H3 rocket. It'll track carbon dioxide emissions and methane globally, crucial for understanding climate change and enforcing emission cuts.
Aur Batao: News from across India 📰
India’s social boost: On Sunday’s Mann Ki Baat, PM Modi, citing an International Labour Organisation (ILO) report announced that 95 crore people now benefit from social security schemes, up from 25 crore in 2015. This report also highlights that over 64% of India’s population now receives social protection coverage.
Jagannath Rath Yatra tragedy: A stampede occurred at Puri's Gundicha Temple during the Rath Yatra during the early hours on Sunday morning, resulting in three deaths and 50 injuries. Odisha's CM ordered an inquiry, transferred officials and apologised for the incident.
NZ welcomes Indian Professionals and Students: New Zealand now grants direct visa access to Indian degree holders, scrapping the mandatory qualification assessment (IQA). This aims to attract top talent and strengthen migration ties with India.
Quiet Prayers: Mumbai is now loudspeaker-free at all religious sites, after a comprehensive crackdown on public address systems at all religious structures. Meanwhile, the Mumbai Mosques provided a unique solution using an 'Online Azan' app to deliver calls to prayer directly to phones, ensuring peace and spiritual connection.
Sports and Entertainment
New feat for Indian women’s cricket: Smriti Mandhana made history, becoming the first Indian woman with centuries in all cricket formats after her maiden T20I century (112 off 62 balls) against England. It was also India's highest ever score by an Indian woman in T20 internationals.
Gloomy exit for Indian women’s hockey team: The Indian women's hockey team was sadly relegated from the FIH Pro League after a 0-3 loss to China. Finishing bottom of the table, it was their seventh straight defeat in the European leg.
Fastest 100m timing in ‘a decade’: Sprinter Kishane Thompson clocked a scorching 9.75 seconds in the 100m at the Jamaican Championships, the fastest time in a decade and the sixth fastest of all-time. Another Bolt in the making?
Teenage Indian shuttler reaches US Open final: Sixteen-year-old Indian shuttler Tanvi Sharma reached the US Open badminton final! She defeated Ukraine's Polina Burhova by 21-14, 21-16 to reach the final.
Blue Tigress Roar: The Indian women's football team notched up consecutive wins in the AFC Women’s Asian Cup Qualifiers after beating Timor Leste 4-0 on Sunday. Manisha Kalyan scored twice, putting India top of Group B.
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