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India wants more chip factories and promises young people free courses

In an Independence Day speech, Indian Prime Minister Narendra Modi outlined economic growth plans that include building eight new chip factories and five nuclear reactors to help India become a high-income nation by 2047. To address recent youth protests over limited job opportunities and leaked exams, Modi also announced free online education and exam training for millions of young people.

Drought set to continue as rainfall deficit exceeds 300mm

The Netherlands is facing continued drought, with little rain forecast for the rest of August and the national rainfall deficit expected to exceed 300 millimetres. Dry conditions are also affecting neighbouring countries, prompting measures to manage water shortages and transport disruptions.

The Netherlands suffers less from low water than Germany, says ING

ING economist Rico Luman says the Netherlands can cope better with low Rhine water levels because it has more navigable routes. Germany faces major disruption, with ships loading only a fraction of their capacity and industries struggling to stay supplied. Dutch companies are improvising with ships, rail, and road, but delays and higher costs continue to rise.

Fire department busy extinguishing Venray wildfire all week

Firefighters expect to work all week to put out the fire in the Boschhuizerbergen nature reserve. Crews are watching smouldering spots and keeping stop lines wet to prevent new outbreaks. The safety region says it may never determine the cause.

Real estate advisor: fewer rental homes for years to come due to a wave of sales

Institutional investors are buying thousands of homes, yet the private rental supply keeps shrinking. CBRE warns that most purchased homes end up being sold instead of rented out, leaving students and young first‑time buyers with fewer options. The trend is likely to continue for years.

Temperatures to rise as the Netherlands faces potential fifth heatwave

Temperatures across the Netherlands are expected to surge later this week, with forecasts predicting highs of up to 35 degrees Celsius. Weather service Weeronline warns that eastern and south-eastern regions could experience a fifth regional heatwave this summer. The heat will follow a brief cool period early in the week before warm air returns on Wednesday.

Consumer spending reduced during heatwave

Consumer spending in the Netherlands dropped by four per cent during June's severe heatwave as people chose to stay indoors. Data from ABN AMRO shows that while rural residents reduced their travel and overall spending, city dwellers continued to spend money at local venues. Supermarkets remained an exception to the trend, seeing increased sales nationwide despite the extreme weather.

Dutch parents paid smaller share of childcare costs in 2025

Dutch parents received higher state subsidies for childcare in 2025, with government allowances covering 68 percent of costs on average compared to 65 percent in 2024. While overall out-of-pocket expenses varied significantly by household income, total child attendance at childcare centres continued to rise. Meanwhile, registered childminder services experienced a notable drop in popularity over the same period.