18 Jan 2026

Improved access to public transport, especially metro rail networks, is helping urban households reduce reliance on private vehicles and cut recurring travel costs, according to a working paper by the Economic Advisory Council to the Prime Minister (EAC-PM). The study highlights that lower transport expenses ease pressure on EMI repayments, improving household financial discipline. Data from Hyderabad, Bengaluru and Delhi shows notable declines in loan delinquencies and higher prepayment rates in metro-connected areas. Reduced vehicle registrations further support these findings. The paper links a decade of investment in urban mobility, supported by initiatives like PM GatiShakti, to stronger liquidity management, greater financial resilience and improved stability among urban households.Read more

17 Jan 2026

Himachal Pradesh has recorded steady growth in fish production under the Mukhya Mantri Carp Matsya Palan Yojana, with output rising from 17,000 metric tonnes in 2022-23 to an estimated 19,000 metric tonnes in the current financial year. The scheme focuses on boosting aquaculture, rural employment, and income generation across eight districts, with strong participation around major reservoirs such as Gobind Sagar and Pong Dam. The state is also investing in new carp and trout brood banks to ensure quality fish seed and long-term sustainability. The initiative is benefiting over 20,000 families and helping diversify Himachal Pradesh's rural economy beyond traditional agriculture and horticulture.Read more

17 Jan 2026

Growing inequality between the rich and the poor has emerged as the top economic concern for young people worldwide, according to the World Economic Forum's Youth Pulse 2026 survey. Based on responses from nearly 4,600 people aged 18 to 30 across 144 countries, the study highlights rising financial stress, job insecurity, and housing affordability as key challenges. Over half of respondents said money-related worries affect their daily lives, while affordable housing featured as a growing priority. Despite concerns, many young people remain optimistic, especially in regions like South Asia and Africa where entrepreneurship is seen as a key opportunity. The survey also shows strong interest in leadership, civic participation, and skill-building, including widespread use of artificial intelligence.Read more

16 Jan 2026

Ahead of the FY27 Budget, agriculture experts and industry leaders are urging the government to boost investment in digital infrastructure, climate-resilient practices, and technology adoption. While the sector employs nearly half of India's workforce, it contributes less than a fifth to national output. Key priorities include support for the dairy sector, micro-irrigation, renewable-powered assets, precision agriculture, and structural reforms in allied sectors. Public-private partnerships, targeted subsidies, and initiatives like AGRISTACK are seen as essential to improving productivity, rural incomes, and food security while positioning agriculture as a driver of economic growth.Read more

15 Jan 2026

The India Energy Storage Alliance is preparing to release Vision 2047, a strategic white paper to build a competitive domestic battery ecosystem. Developed with support from IBMSCC and IRRC, it outlines actionable recommendations across upstream components, mineral refining, pack assembly, integration, and recycling. Set to launch at the India Battery Manufacturing & Supply Chain Summit 2026 in Hyderabad, the initiative aims to strengthen energy independence, create high-value green jobs, and accelerate the adoption of advanced chemistry cells amid rising demand from EVs, grid-scale renewables, and commercial energy storage systems.Read more

14 Jan 2026

Grant Thornton Bharat expects India's economy to grow between 7.3 per cent and 7.5 per cent in FY26, before slowing to around 7 per cent in FY27, in line with official estimates. Growth is being driven by services and manufacturing, while exports remain resilient despite global headwinds. The consultancy flagged geopolitical risks to supply chains, highlighted the importance of re-industrialisation, and called for continued ease-of-doing-business reforms. It also expects the rupee to stabilise near current levels and sees scope for one more limited rate cut.Read more

14 Jan 2026

Maruti Suzuki has announced plans to add up to one million units of annual production capacity after acquiring land worth around USD 550 million, strengthening its manufacturing footprint in India. The expansion comes as domestic auto demand remains strong, with the country's largest carmaker reporting a backlog of about six weeks for entry-level models and record dealer sales in December. The move aligns with parent Suzuki Motor's broader USD 8 billion investment plan in India over the next five to six years. India will also serve as Suzuki's global hub for electric vehicle production, supporting exports to nearly 100 markets worldwide.Read more

12 Jan 2026

Japan-based Nippon Paint has outlined plans to strengthen its India operations as it targets growth across housing, construction, and infrastructure-led real estate markets. Under its new India Managing Director, Sharad Malhotra, the company will bring all paints and coatings businesses under a single operating model to improve manufacturing flexibility, supply chain efficiency, and pan-India distribution. With seven manufacturing plants already in place, Nippon Paint plans to increase investments beyond its strong southern base and expand into high-growth urban and semi-urban centres. The strategy aims to support rising demand from residential, commercial, and infrastructure projects, reflecting a wider trend of global companies deepening their India presence.Read more

12 Jan 2026

Maruti Suzuki India has approved an investment of INR 4,960 crore to acquire land and undertake preparatory work for expanding its manufacturing footprint in Gujarat. The expansion at Khoraj Industrial Estate will support an additional vehicle production capacity of up to one million units annually, addressing capacity constraints as existing plants operate at full utilisation. The investment covers land acquisition and development, with further spending to be decided in phases. The move aligns with Suzuki Motor Corporation's broader India investment plans and highlights Gujarat's appeal as an automotive manufacturing hub. The expansion is expected to boost industrial activity, strengthen logistics and port-linked infrastructure, and drive demand for industrial land and workforce housing in the region.Read more

10 Jan 2026

Allison Transmission has completed the acquisition of Dana Incorporated's Off Highway Drive & Motion Systems business for approximately USD 2.7 billion, strengthening its position in off highway and industrial mobility markets. The deal brings Dana's drivetrain and motion systems for construction, mining, agriculture, energy, and infrastructure sectors under Allison's umbrella. The company will operate through two units Allison Transmission and Allison Off Highway Drive & Motion Systems with headquarters in Indianapolis. The acquisition enhances product offerings, expands the global footprint, and positions Allison for long-term growth while managing integration and economic risks.Read more