ECONOMY Jute Industry Poised For 15% Volume Recovery, Margins May Rise 130 Bps

India’s jute industry is expected to stage a recovery this fiscal, with sales volumes projected to grow about 15% after declining at an annualised rate of around 10% over the previous two fiscals, according to Crisil Ratings. The recovery is expected to be driven by a revival in domestic demand, improving export prospects and softer […]

CW Bureau · Sep 22, 2026

ECONOMY India’s Silk Output Rises To 42,000 Tonnes, Targets 60,000 By 2030-31

India is targeting a sharp expansion in silk production, with the Government aiming to raise output to 60,000 metric tonnes by 2030-31 and position the country as the world’s largest silk producer by 2028-29, Union Textiles Minister Giriraj Singh said. India’s silk production has increased from around 26,000 metric tonnes in 2014 to about 42,000 […]

CW Bureau · Sep 20, 2026

ECONOMY USITC Finds Indian Oleoresin Paprika Imports Materially Injure US Industry

The United States International Trade Commission (USITC) has determined that imports of oleoresin paprika from India are materially injuring the US industry, clearing the way for antidumping and countervailing duty orders on the Indian product. The final affirmative determination follows a trade investigation launched in 2025 after US producer Rezolex alleged that Indian oleoresin paprika […]

CW Bureau · Sep 19, 2026

ECONOMY USITC Continues PFA Probe Into Indian Imports Citing Material Injury

The US International Trade Commission (USITC) has voted to continue investigations into imports of perfluoroalkoxy alkane (PFA) from India, following a preliminary determination that there is a reasonable indication of material injury to a US industry. The USITC said the injury is allegedly linked to imports of PFA from India that are being sold in […]

CW Bureau · Sep 18, 2026

ECONOMY Keralam Launches SARAL Keralam To Fast-Track Investment Approvals

The Keralam Cabinet has approved ‘SARAL Keralam – Simplified and Accelerated Regulatory Approvals and Licenses’, a new mechanism aimed at simplifying and accelerating statutory approvals for investment projects in the State. The initiative is based on the principle of ‘One State, One Approval, One Document’ and will create a single statutory mechanism for final approval […]

CW Bureau · Sep 18, 2026

ECONOMY BRICS Backs Deeper Cooperation In Traditional Medicine, Focuses On R&D

The New Delhi Declaration adopted at the 18th BRICS Summit has given a significant push to international cooperation in Traditional, Complementary and Integrative Medicine (TCIM), recognising its potential role in strengthening health systems and advancing Universal Health Coverage (UHC). A key outcome is the welcome accorded to the proposed establishment of a BRICS Expert Working […]

CW Bureau · Sep 13, 2026

ECONOMY BRICS Bats For Local-Currency Trade And Resilient Supply Chain Network

BRICS leaders have called for a stronger, more resilient and inclusive economic partnership among member countries, with greater cooperation on cross-border payments, local-currency settlements, critical minerals, global value chains, artificial intelligence and development finance. The commitments are part of the BRICS New Delhi Declaration, adopted at the XVIII BRICS Summit held in New Delhi under […]

Sajan C Kumar · Sep 13, 2026

ECONOMY Prime Minister Modi Calls For BRICS Global Governance Reform Roadmap

Prime Minister Narendra Modi has called for a more ambitious role for BRICS in shaping the global order, saying the grouping must convert its internal unity and consensus into concrete outcomes on the global stage as it enters its 20th year. Addressing the BRICS Summit, Modi said India’s chairship had followed a people-centric and humanity-first […]

CW Bureau · Sep 12, 2026

ECONOMY Deccan Gold Mines To Start Altyn Tor Gold Plant In Kyrgyzstan

Deccan Gold Mines Ltd is set to mark its transition from exploration and development to gold production with the inauguration of the gold processing plant at its Altyn Tor Gold Project in Kyrgyzstan on Saturday, September 12. Kyrgyz Republic President Sadyr N. Japarov will inaugurate the plant through an online ceremony. Senior management representatives of […]

CW Bureau · Sep 11, 2026

ECONOMY India-Russia Trade: Goyal Sets $100 Bn Target By 2030, Pushes Business

India and Russia need to accelerate the diversification of their economic relationship beyond energy if bilateral trade is to rise from around $60 billion currently to $100 billion by 2030, Union Commerce and Industry Minister Piyush Goyal said on Thursday. Addressing the INNOPROM India 2026 Co-Chair Plenary Session in New Delhi alongside Russian Minister of […]

CW Bureau · Sep 11, 2026

ECONOMY HCLFoundation, UP Government Extend Samuday Partnership Till 2031

HCLFoundation, which drives the corporate social responsibility agenda of HCLTech in India, has renewed its partnership with the Department of Rural Development, Government of Uttar Pradesh, for its flagship rural development programme Samuday for another five years through 2031. The two parties signed a memorandum of understanding (MoU) in Lucknow on Wednesday to extend the […]

CW Bureau · Sep 9, 2026

ECONOMY Raw Material Security Key To India’s Rubber Industry Growth: Anay Gupta

By Venkatachari Jagannathan Natural rubber prices have risen sharply in India this year, with RSS-4 at Kottayam touching around ₹274 per kg on September 2, 2026, compared with an average of about ₹192 per kg in January. The surge has put pressure on rubber manufacturers, particularly micro, small and medium enterprises (MSMEs), even as India […]

CW Bureau · Sep 9, 2026