23 Feb 2026

Tripura's first tea auction centre at Gurkhabasti in West Tripura district is set to become operational by April, creating a dedicated trading platform for local growers. Currently, tea producers send nearly 90 lakh kg of annual output to Guwahati and Kolkata, increasing transport costs and delivery time. The new centre is expected to reduce logistics expenses, improve price realisation and strengthen market access for 54 tea estates and over 30,000 workers linked to the sector. The state will also offer a transport subsidy of INR 4 per kg to support buyers. Once operational, Tripura may also gain State GST benefits on tea auction transactions.Read more

20 Feb 2026

Global professional services firm Aon plc has consolidated its three Mumbai offices into a single corporate hub at One Unity Centre in Lower Parel, bringing together around 450 employees. The move aims to strengthen collaboration between its Risk Capital and Human Capital teams and deliver integrated solutions to clients. The new workspace features digitally enabled meeting rooms, flexible collaboration zones and employee-focused amenities, aligned with Aon's smart working strategy. With 17 offices across India, including Bengaluru, Noida and Gurugram, Aon continues to expand its footprint. The consolidation reinforces Lower Parel's position as a prime commercial real estate destination in Mumbai.Read more

20 Feb 2026

Bill Gates withdrew from the India AI Impact Summit hours before his keynote, following Nvidia CEO Jensen Huang's earlier cancellation. The high-profile AI event in New Delhi, inaugurated by Prime Minister Narendra Modi and attended by global tech leaders, aimed to position India as a key player in global AI governance. Despite the setbacks, major investment announcements were made, including large AI data centre commitments from Reliance, Adani, Microsoft and Yotta. However, the summit faced logistical challenges, exhibition closures and traffic disruptions. The developments have highlighted operational concerns even as India attracts significant artificial intelligence infrastructure investments.Read more

19 Feb 2026

India's central bank has finalised relaxed rules for foreign borrowings, enhancing flexibility for corporates to raise debt overseas. Companies can now borrow up to USD 1 billion or 300% of their net worth, in foreign currencies or Indian rupees, with a minimum three-year maturity and market-aligned costs. The rules allow refinancing of existing loans and conversion of ECBs into non-debt instruments under foreign exchange regulations. Some end-use restrictions, including real estate projects, remain. The move reflects the central bank's effort to support corporate financing while maintaining regulatory oversight.Read more

16 Feb 2026

The Uttar Pradesh government has increased spending on infrastructure, industry and textiles in its 2026-27 Budget, with INR 27,103 crore proposed for infrastructure and industrial development and over INR 5,041 crore for handloom and textiles. The Budget focuses on MSME growth, youth entrepreneurship, investment attraction and job creation. Key allocations include funding for industrial area expansion, defence manufacturing, textile schemes and rural industries. The government expects the measures to support manufacturing expansion, employment generation and regional economic activity across the state.Read more

13 Feb 2026

The Rajasthan government has laid out higher spending on water supply, renewable energy, roads and self-employment in its Budget for 2026-27, with a strong focus on rural and urban infrastructure. Provisions include INR 6,800 crore for tap water connections, nearly INR 3,000 crore for solar parks in western Rajasthan, and significant allocations for roads and youth employment. The Budget projects steady economic expansion, higher per capita income, and continued emphasis on fiscal discipline and policy-led growth.Read more

12 Feb 2026

Maharashtra has outlined a port-led development strategy aimed at using its long coastline and maritime assets to support economic growth. The approach seeks to reposition ports as integrated industrial and logistics hubs rather than standalone cargo points. Key focus areas include capacity expansion, improved connectivity, and development of allied sectors such as logistics, shipbuilding and coastal services. The plan aligns with national maritime programmes while addressing congestion at existing ports and promoting balanced regional development, particularly across coastal districts.Read more

10 Feb 2026

Shukra Pharmaceuticals has secured a letter of intent for 10 acres of land at the Greater Noida Medical Device Park from the Yamuna Expressway Industrial Development Authority to develop an INR 600 crore manufacturing facility. The project will focus on surgical robotics and Boron Neutron Capture Therapy technology for complex cancer treatment. The facility is expected to create significant direct and indirect employment. The company has also partnered with Borns Medical Robotics Inc to establish local manufacturing and distribution of robotic surgery systems in India.Read more

10 Feb 2026

The Reserve Bank of India maintained the repo rate at 5.25% during its latest monetary policy review, choosing to pause after a series of rate cuts over the past year. The decision reflects caution as inflation remains under control while global and domestic economic risks persist. The Monetary Policy Committee retained a neutral stance, indicating flexibility for future action based on incoming data. For the real estate and lending markets, the move signals stability in borrowing costs, allowing earlier rate reductions to continue flowing through the economy.Read more

09 Feb 2026

Haryana is focusing on strengthening its rural economy through innovation, technology, and institutional support. Chief Minister Shri Nayab Singh Saini highlighted challenges such as declining groundwater, deteriorating soil, shrinking landholdings, and rising production costs, emphasizing the need for modern practices and financial assistance. NABARD's State Focus Paper for 2026-27 values the priority sector credit potential at over INR 3.67 lakh crore, with allocations for agriculture and MSMEs. Initiatives like Smart Agriculture Zones, crop diversification, PACS strengthening, and improved market linkages aim to enhance rural income and overall prosperity.Read more