Category: Economy
ECONOMY Tamil Nadu Rolls Out 200 Units Free Electricity Scheme For Households

The Tamil Nadu government, under the newly-sworn in chief minister C Joesph Vijay, the actor-turned politician,  has formally rolled out its much-anticipated free electricity scheme, announcing 200 units of free power every two months for eligible domestic consumers whose bimonthly electricity consumption is up to 500 units. Fulfilling one of his poll promises, Vijay signed […]

CW Bureau · May 10, 2026
ECONOMY PM MITRA Park At Warangal Goes On Stream With ₹1,695-Cr Investment

Prime Minister Narendra Modi has inaugurated the country’s first operational PM MITRA Park at Warangal in Telangana, marking a major milestone in India’s push to build globally competitive textile manufacturing ecosystems and strengthen the country’s integrated textile value chain. Developed at an estimated cost of ₹1,695.54 crore, the PM MITRA Park is expected to emerge […]

CW Bureau · May 10, 2026
ECONOMY How ECLGS 5.0 Supports Businesses Through The West Asia Disruptions

The Union Cabinet has approved Emergency Credit Line Guarantee Scheme (ECLGS) 5.0, aimed at helping businesses navigate disruptions arising from the ongoing West Asia conflict. The scheme is designed to ensure timely access to working capital, enabling companies to sustain operations, protect employment and maintain continuity across supply chains during a period of heightened uncertainty. […]

CW Bureau · May 6, 2026
ECONOMY War Shock Sends Commodity Prices Soaring; Energy To Rise 24% In 2026

Global commodity markets are bracing for a sharp upswing, with energy prices projected to jump 24% in 2026, marking their highest levels since the 2022 Russia-Ukraine conflict, according to the World Bank Group’s latest Commodity Markets Outlook. Overall commodity prices are forecast to rise 16%, driven by a potent mix of elevated energy, fertiliser and […]

CW Bureau · May 4, 2026
ECONOMY Manufacturing Hubs Take Centre Stage In India’s Viksit Bharat Journey

As India charts its path towards becoming a Viksit Bharat by 2047, manufacturing is emerging as a central pillar of economic transformation, driving growth, job creation, and global competitiveness. Policy push and infrastructure-led growthGovernment policy, as reflected in the Economic Survey and Union Budgets, continues to prioritise manufacturing through infrastructure-led development and integrated industrial ecosystems. […]

CW Bureau · May 3, 2026
ECONOMY India’s $30 Tn Ambition Hinges On Tech Prowess, Scaled Innovation

India’s Chief Economic Advisor V Anantha Nageswaran has outlined an ambitious growth roadmap, projecting the country’s GDP to expand from about $3.91 trillion to $7.8 trillion over the next six years, and eventually reach $30 trillion by the centenary of Independence. Speaking at the 67th Institute Day celebrations of Indian Institute of Technology Madras, Nageswaran […]

CW Bureau · Apr 30, 2026
ECONOMY India-New Zealand FTA To Unlock Export Boost For Textiles Sector

The India–New Zealand Free Trade Agreement is set to significantly strengthen India’s textile and apparel exports, offering zero-duty access across key categories and opening up new growth avenues in a high-value market. Zero-duty access to drive export momentum Under the FTA, Indian exporters are expected to benefit from zero-duty access for apparel, home textiles and […]

CW Bureau · Apr 28, 2026
ECONOMY India-New Zealand Trade Pact Inked; Next Big Leap In Global Trade Play

India has added another strategic pillar to its global trade playbook, signing a landmark Free Trade Agreement with New Zealand that signals deeper economic integration with developed markets. The India–New Zealand Free Trade Agreement (IN–NZ FTA) was signed by Piyush Goyal and Todd McClay, marking what both sides describe as a transformative moment in bilateral […]

CW Bureau · Apr 27, 2026
ECONOMY Fixing India’s Cities: NITI Aayog Lays Out Roadmap For Urban Governance

As India pushes towards its ambition of becoming a $30 trillion economy and achieving the vision of Viksit Bharat by 2047, the spotlight is firmly shifting to its cities. According to a new report by NITI Aayog, urban India will be the primary engine of economic growth, innovation, and job creation, but only if longstanding […]

CW Bureau · Apr 26, 2026
ECONOMY FM Sitharaman Flags Cyber Risks, Calls For Faster Regulatory Response

Union Finance Minister Nirmala Sitharaman has urged the Securities and Exchange Board of India (SEBI) to be prepared for emerging challenges, with cybersecurity topping the list. She cautioned that a single successful cyberattack on a major exchange, depository, clearing corporation, or large broker could disrupt markets at a national scale, wipe out wealth, and erode […]

CW Bureau · Apr 26, 2026