ECONOMY PMAY-U Crosses 1.25 Cr Housing Sanctions; 1 Cr Homes Completed

The Pradhan Mantri Awas Yojana–Urban (PMAY-U)  in India has crossed a major milestone, with more than 1.25 crore houses sanctioned under PMAY-U and PMAY-U 2.0, of which over 1 crore houses have been completed and delivered to beneficiaries across the country. The government is now accelerating the implementation of PMAY-U 2.0 to expand access to […]

CW Bureau · Aug 9, 2026

ECONOMY India Hits 300 GW Non-Fossil Power Capacity, Over 60% Of 2030 Target

India has crossed a landmark 300 GW of installed non-fossil fuel-based electricity generation capacity, marking a major step towards its clean energy and climate goals. According to the Ministry of New and Renewable Energy, India’s total non-fossil fuel capacity stood at 300.50 GW as of July 31, 2026, taking the country beyond 60% of its […]

CW Bureau · Aug 9, 2026

ECONOMY E20 Petrol Meets Quality Norms, Say OMCs After Nationwide Testing

State-run oil marketing companies (OMCs) on Friday said an intensive nationwide testing drive has found no evidence to support recent claims of excessive chloride or moisture contamination in E20 petrol, reaffirming that the fuel supplied across the country remains well within prescribed quality standards. The clarification follows media reports alleging the presence of moisture and […]

CW Bureau · Aug 7, 2026

ECONOMY Tamil Nadu’s Fiscal Agenda Banks On Revenue Push As Deficits Stay High

Actor-turned-chief minister C Joseph Vijay-led Tamil Nadu government’s maiden Budget has projected higher revenue collections and a gradual improvement in fiscal indicators over the next two years, even as the revised Budget for 2026-27 acknowledges weaker-than-expected tax collections and a larger revenue deficit this year. The Medium Term Fiscal Plan (MTFP) lays out the State’s […]

Sajan C Kumar · Aug 5, 2026

ECONOMY TN Budget: Industry, Education Take Centre Stage; Welfare Gets A Boost

Tamil Nadu Finance Minister Dr N Marie Wilson on Wednesday presented the State Budget for 2026-27, unveiling an ambitious roadmap centred on industrial expansion, artificial intelligence, higher education, youth skilling and social welfare, while reaffirming the government’s commitment to inclusive economic growth. The Budget announced a series of initiatives aimed at attracting investments, strengthening manufacturing […]

CW Bureau · Aug 5, 2026

ECONOMY WGC Unveils ‘Swarnim Udaan 2047’ Roadmap For India’s Gold Economy

The World Gold Council (WGC) has unveiled Swarnim Udaan 2047, a long-term roadmap aimed at strengthening India’s gold ecosystem as the country pursues its ambition of becoming a $30 trillion developed economy by 2047. Developed with Monitor Deloitte, the report calls for coordinated policy reforms across mining, jewellery manufacturing, financialisation, innovation and exports to unlock […]

CW Bureau · Aug 4, 2026

ECONOMY India’s Gig Internet Workforce May Reach 21 Mn By 2030, Says Redseer

India’s gig internet workforce is poised to emerge as one of the country’s largest job creation engines, with the potential to bridge nearly 70% of the annual non-farm employment gap by 2030, according to a report by Redseer Strategy Consultants. The report estimates that the country’s monthly active gig workforce will expand from more than […]

CW Bureau · Aug 4, 2026

ECONOMY BPCL Builds Future Growth Around Petrochemicals, Green Energy

India’s Maharatna company Bharat Petroleum Corporation Ltd. (BPCL) remains focused on strengthening its long-term growth strategy by expanding its portfolio across petrochemicals, gas, renewable energy, digital businesses and customer-centric energy solutions. “The first quarter of FY27 was financially challenging. However, it also demonstrated our resilience, operational agility, ability to navigate uncertainty and collective strength to […]

CW Bureau · Aug 4, 2026

ECONOMY Centre Clarifies On E20 Fuel Usage, Separates Facts from Misconceptions

The Centre has rejected what it described as misleading claims circulating in the media and on social media regarding the Ethanol Blended Petrol (EBP) Programme, stating that the initiative is backed by scientific validation, extensive field experience and industry data. The government issued a point-wise clarification to address concerns related to vehicle compatibility, engine performance, […]

CW Bureau · Jul 31, 2026

ECONOMY Global Cos, Australian Varsity Choose TN; MoUs Create Nearly 3,000 Jobs

Tamil Nadu has sharpened its strategy of becoming India’s preferred destination for knowledge-led investments, signing a series of memoranda of understanding (MoUs) with global corporations and an international university that will bring global capability centres (GCCs), a research and development (R&D) hub, advanced manufacturing and the State’s first international university campus. The agreements, signed in […]

CW Bureau · Jul 30, 2026

ECONOMY India Seeks Tariff Relief As Gem & Jewellery Exports Face Pressure

The Gem & Jewellery Export Promotion Council (GJEPC) has urged the US to provide tariff relief for natural diamonds and coloured gemstones under the new tariff regime. The new tariff came into effect on July 24. The duty remains unchanged at 10% for Indian gem and jewellery exports. Calls for bilateral trade pact India’s placement […]

CW Bureau · Jul 28, 2026

ECONOMY One District One Product Expands To 1,244 Products Across 773 Districts

The Indian government’s  flagship One District One Product (ODOP) initiative has expanded to cover 1,244 unique products across 773 districts, as the government intensifies efforts to promote local manufacturing, strengthen market access and boost exports through a range of policy interventions. The Department for Promotion of Industry and Internal Trade (DPIIT), which anchors the initiative, […]

CW Bureau · Jul 25, 2026