Category: Economy
ECONOMY Industrial Parks Under BHAVYA To Be Tailored For Sectors, Investors: Goyal

The BHAVYA scheme will follow a challenge-based competitive framework under which states will submit detailed project proposals highlighting their industrial strengths, land availability, investor interest and sectoral potential. The Centre will work closely with industry stakeholders to identify the most suitable sectors and infrastructure requirements for each location, whether for manufacturing, chemicals, data centres or […]

CW Bureau · Jun 8, 2026
ECONOMY Jharkhand Exports First Commercial Amrapali Mango Consignment To UK

The Agricultural and Processed Food Products Export Development Authority (APEDA) has facilitated the first commercial export consignment of fresh mangoes from Jharkhand to the United Kingdom, opening new international market opportunities for local farmers. The consignment, flagged off in Kolkata on June 4, comprises 1.5 metric tonnes of fresh Amrapali mangoes sourced from Beura Farmer […]

CW Bureau · Jun 7, 2026
ECONOMY Urban Consumer Confidence Falls For Third Straight Round In May: Survey

Urban consumer confidence weakened for the third consecutive survey round in May 2026, reflecting growing caution among households over the economic situation and spending patterns, according to the latest Urban Consumer Confidence Survey (UCCS) released by the Reserve Bank of India (RBI). The survey, conducted between May 2 and May 11 across 19 major cities […]

CW Bureau · Jun 7, 2026
ECONOMY Regulatory Reforms Position India As Competitive Investment Destination

India’s sustained efforts to simplify regulations, reduce compliance burdens and strengthen digital governance are helping create a more business-friendly environment, boosting investor confidence and improving the country’s standing in global competitiveness assessments. Over the past decade, the government has pursued a series of reforms aimed at transforming India from a compliance-heavy regulatory framework into a […]

CW Bureau · Jun 7, 2026
ECONOMY India Keeps LPG Prices Low Despite 46% Increase In Global Gas Costs

Indian households continue to receive cooking gas at prices significantly below international market levels, with the government and public sector oil marketing companies absorbing a substantial portion of the cost increase triggered by global energy market disruptions. The Saudi Contract Price (CP) benchmark for LPG, which influences India’s import costs, has risen about 46 per […]

CW Bureau · Jun 7, 2026
ECONOMY Kerala’s New Govt Faces ₹5-Lakh-Cr Debt, ₹49,000-Cr Payment Backlog

Kerala’s newly elected government led by Chief Minister V D Satheeshan faces one of the toughest fiscal challenges in the state’s history, inheriting mounting debt, rising payment arrears, stressed treasury operations and growing liabilities from off-budget borrowing mechanisms, according to a new fiscal status report released by the Finance Department. The report paints a picture […]

Sajan C Kumar · Jun 4, 2026
ECONOMY How Flex-Fuel Vehicles Can Cut Oil Imports And Boost Farmer Incomes

Flex-fuel vehicles could emerge as one of India’s most practical tools to cut oil imports, lower carbon emissions and create a fresh source of income for millions of farmers, as the country looks beyond conventional petrol and diesel-powered mobility. With ethanol blending already reaching 20%, policymakers are now betting on flex-fuel technology to unlock the […]

Sajan C Kumar · Jun 4, 2026
ECONOMY Centre Adds Five New Fuel Dispenser Categories Under GATC Framework

Department of Consumer Affairs has expanded the scope of Government Approved Test Centres (GATCs) by adding five new categories of fuel dispensing systems under the Legal Metrology framework, a move aimed at strengthening consumer confidence and supporting India’s clean fuel infrastructure. Under the amended Legal Metrology (Government Approved Test Centre) Rules, 2013, the following five […]

CW Bureau · May 24, 2026
ECONOMY BHAVYA Set To Develop 100 Industrial Parks With Around ₹33,660 Cr Outlay

The Department for Promotion of Industry and Internal Trade (DPIIT) has unveiled detailed operational guidelines for the implementation of the BHAVYA Scheme, a large-scale industrial infrastructure initiative aimed at creating investment-ready manufacturing ecosystems across India. The Central Sector Scheme is positioned as a major building block in India’s broader manufacturing and logistics transformation strategy, aligning […]

CW Bureau · May 23, 2026
ECONOMY GIFT City Emerges As Global Financial Powerhouse With 37 Banking Entities

GIFT City has strengthened its position as a globally competitive international financial and business hub, with banking assets crossing $110 billion and capital commitments under fund management activities exceeding $32 billion. Union Finance Minister Nirmala Sitharaman on Friday chaired a high-level review meeting on the progress of GIFT City and its expanding international financial services […]

CW Bureau · May 23, 2026
ECONOMY Jyotiraditya Scindia Unveils ₹175-Cr ‘Coffees Of Nagaland’ Mission

Union Minister for Development of North Eastern Region Jyotiraditya M. Scindia launched the ₹175-crore ‘Coffees of Nagaland’ mission, a cluster-based coffee value chain development initiative aimed at transforming Nagaland into a premium, traceable single-origin coffee economy with strong domestic and international market presence. Designed through a whole-of-government approach, the mission has been planned by incorporating […]

CW Bureau · May 18, 2026