ECONOMY India’s Textile Exports Register 2.1% Growth In FY26 At ₹3.16 Lakh Cr

Indian textile sector continued to demonstrate resilience in global markets during FY26, with total textile exports, including handicrafts, increasing from ₹3,09,859 crore to ₹3,16,335 crore, registering a growth of 2%. This performance reflects steady global demand for Indian textile products and the continued competitiveness of the sector across major product categories. Segment-wise performance Among the […]

CW Bureau · Apr 22, 2026

ECONOMY India To Set Up ₹12,980-Cr Maritime Insurance Pool To De-Risk Shipping

In a strategic move to safeguard India’s trade lifelines, the Union Cabinet has approved the creation of the ‘Bharat Maritime Insurance Pool’ (BMI Pool), backed by a sovereign guarantee of ₹12,980 crore. The initiative aims to ensure uninterrupted and affordable maritime insurance coverage for Indian trade amid rising global uncertainties. Ensuring continuity amid global turbulence […]

CW Bureau · Apr 18, 2026

ECONOMY Swipe, Scan & Send: How Fast The New Money Language Is Evolving

Not long ago, a simple financial transaction demanded time, effort, and patience. Paying bills meant standing in long queues. Sending money required a visit to the bank, filling out forms, and waiting days for confirmation. For millions in India without access to banking, it meant exclusion from the financial system itself. That India, however, is […]

CW Bureau · Apr 11, 2026

ECONOMY Coal India Insulates Indian Coal Users From Increasing Input Costs

Coal India Ltd (CIL) is absorbing a sharp rise in input costs, including explosives and industrial diesel, to insulate coal consumers from a cascading increase in energy prices. Rising input cost pressures The state-owned miner has refrained from passing on the cost escalation, despite significant increases in key inputs. The price of Ammonium Nitrate (AN), […]

CW Bureau · Apr 10, 2026

ECONOMY Petroleum Ministry Extends Bulk LPG Allocation To Key Industrial Sectors

Ministry of Petroleum and Natural Gas (MoPNG) has issued an order to ensure continued and stable availability of Liquefied Petroleum Gas (LPG) for industrial consumption amid evolving global supply conditions. Calibrated allocation framework In a communication to Secretaries of the Government of India and Chief Secretaries of States and Union Territories, Neeraj Mittal said industrial […]

CW Bureau · Apr 10, 2026

ECONOMY Rising Oil Prices, Global Uncertainty Weigh On India FY27 Growth Outlook

India has stepped into FY27 against an increasingly challenging global backdrop marked by escalating geopolitical hostilities. The ongoing conflict in West Asia has triggered a sharp surge in international energy prices, with Brent crude and Liquefied Natural Gas (Japan-Korea Marker) rising by 55% and 90%, respectively, since the onset of the crisis. According to a […]

CW Bureau · Apr 3, 2026

ECONOMY India’s Defence Exports Skyrocket To Record ₹38,424 Cr In FY26, Up 63%

India’s defence exports surged to an all-time high of ₹38,424 crore in FY26, registering a sharp increase of ₹14,802 crore, or 62.66%, over ₹23,622 crore recorded in the previous fiscal. This milestone underlines the country’s accelerating progress in becoming a global hub for defence manufacturing and exports. Balanced contribution from public and private sectors The […]

CW Bureau · Apr 2, 2026

ECONOMY India’s ECMS Pipeline Expanded, 29 New Proposals For ₹7,104 Cr Okayed

The Union Ministry of Electronics and Information Technology (MeitY) has approved 29 additional proposals under the Electronics Components Manufacturing Scheme (ECMS).  This is in continuation of the earlier approval of 46 applications worth ₹54,567 crore. These fresh approvals entail a projected investment of ₹7,104 crore and are expected to drive production worth ₹84,515 crore. The […]

CW Bureau · Mar 31, 2026

ECONOMY Goyal Meets EU Trade Commissioner, To Further Boost Bilateral Engagement

On the sidelines of the 14th WTO Ministerial Conference (MC-14) held in Yaounde, Cameroon, Union minister of commerce and industry, Piyush Goyal, held a bilateral meeting with EU Trade Commissioner, Maros Sefcovic. Both sides exchanged views on the MC-14 agenda, reviewed progress on the signing of the recently concluded India–EU Free Trade Agreement (FTA), and […]

CW Bureau · Mar 30, 2026

ECONOMY Plan Finalised: Centre Set To Borrow ₹8.20 Lakh Cr In First Half Of FY 2027

The Centre, in consultation with the Reserve Bank of India (RBI), has finalised its borrowing programme for the first half (H1) of FY 2026–27. Under the plan, the government will mobilise ₹8.20 lakh crore through the issuance of dated securities. Revised Borrowing Estimates Post Budget The gross market borrowing for FY 2026–27 was initially estimated […]

CW Bureau · Mar 27, 2026

ECONOMY Hinduja Global Solutions Arm, UP Govt Sign MoU To Skill One Lakh Youth

OneOTT Intertainment Ltd. (OIL), the broadband arm of Hinduja Global Solutions Ltd. (HGS), has signed a Memorandum of Understanding (MoU) with the Uttar Pradesh government’s Employment Department to skill one lakh youth across the state. The partnership aims to enhance youth employability by aligning skill development initiatives with industry requirements and expanding access to opportunities […]

CW Bureau · Mar 17, 2026

ECONOMY DP World Net Up 32% To $24 Bn In 2025, Plans Capex of $3 Bn For 2026

Dubai-headquartered global ports and logistics company DP World reported a 32% increase in net profit for 2025 to $1.96 billion compared with the previous year, driven by strong operating leverage and disciplined cost management. Revenue rose 22% to $24.4 billion, while adjusted EBITDA increased 18% to $6.4 billion, supported by strong performance across its Ports […]

CW Bureau · Mar 13, 2026