ECONOMY India, France Bolster Tech Partnership With New Innovation Roadmap 2030

India and France have adopted the India-France Innovation Roadmap 2030, a comprehensive framework aimed at deepening bilateral cooperation in artificial intelligence (AI), research, innovation, education, healthcare, space and emerging technologies. The roadmap was announced following bilateral talks between Prime Minister Narendra Modi and French President Emmanuel Macron. The initiative builds on the two countries’ decision […]

CW Bureau · Jun 15, 2026

STARTUP/TECHNOLOGY India’s Space Economy To Reach $45 Bn In Next Decade: Jitendra Singh

India’s space economy is poised for a significant expansion, with its value expected to rise from the current $8-9 billion to nearly $40-45 billion over the next decade, driven by policy reforms, growing private sector participation and a rapidly evolving innovation ecosystem, Union Minister of State (Independent Charge) for Science and Technology Dr. Jitendra Singh […]

CW Bureau · Jun 14, 2026

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

BANKING & FINANCE IBC Resolution Facilitates Creditors Recover Over ₹4 Lakh Cr In 10 Years

The Insolvency and Bankruptcy Code (IBC), which came into force in 2016, has completed 10 years, marking a significant milestone in India’s financial and legal reform journey. Over the past decade, the IBC has evolved into a key institutional mechanism for improving credit discipline, accelerating recovery processes and strengthening confidence in the country’s insolvency ecosystem. […]

CW Bureau · May 28, 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

MANUFACTURING HMT Kalamassery Ships Machine To South Africa, Boosts Global Footprint

HMT at Kalamassery in Kerala has expanded its global footprint with the export of an NH Series machine to South Africa, signalling rising international demand for India-made precision engineering systems. Union Minister for Heavy Industries and Steel H D Kumaraswamy flagged off the export dispatch during his visit to HMT’s Kalamassery facility, where he reviewed […]

CW Bureau · May 23, 2026

ECONOMY India Targets Exports Of $2-Trillion Over Next Five Years: Piyush Goyal

India has set a target of achieving exports worth $1 trillion this year and scaling it up to $2 trillion over the next five years, which would be the true hallmark of an Atmanirbhar Bharat, said Union Commerce and Industry Minister Piyush Goyal. Addressing the website launch ceremony of Bharatiya Vyapar Mahotsav, Goyal said India’s […]

CW Bureau · May 18, 2026

BANKING & FINANCE PSBs Post Record ₹1.98 Lakh-Cr Profit In FY26; Bad Loans Hit Historic Lows

India’s public sector banks (PSBs) delivered another year of strong financial performance in FY2025-26, powered by robust credit growth, sharply improved asset quality and record profitability, underlining the sector’s growing strength in supporting the country’s expanding economy. The aggregate business of PSBs rose 12.8% year-on-year to ₹283.3 lakh crore as of March 31, 2026, driven […]

CW Bureau · May 12, 2026

STARTUP/TECHNOLOGY IITM Delhi Tech Summit Pushes For Deeper Industry-Led Innovation

India’s innovation agenda took a decisive step forward as Indian Institute of Technology Madras (IITM) hosted its first-ever Technology Summit in New Delhi, bringing together policymakers, industry leaders, and academia to fast-track the country’s journey towards a technology-driven economy. Inaugurated by Dharmendra Pradhan, Union Minister of Education, the summit, held at Bharat Mandapam, was themed […]

CW Bureau · May 5, 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

STARTUP/TECHNOLOGY Google Breaks Ground On Mega AI Hub In Vizag; Bets On $15-Bn Plan

American tech giant Google has broken ground on its landmark AI hub in Visakhapatnam, marking the start of construction on what will be its largest investment in India to date. The move reinforces the company’s long-term commitment to powering India’s digital growth while supporting economic and environmental resilience. A $15 billion push towards Viksit Bharat […]

CW Bureau · Apr 28, 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