08 Jan 2026

Union Minister Nitin Gadkari said India must reduce imports and increase exports to move from being the fourth-largest to the third-largest economy globally. Speaking at a CSIR event, he highlighted the economic and environmental value of converting agricultural waste into bio-bitumen for road construction. With 15 per cent blending, bio-bitumen can save USD 4,500 crore in foreign exchange and cut crude oil dependence. Gadkari also spoke about green hydrogen trucks, alternative fuels, and the need for India to shift from energy imports to exports.Read more

07 Jan 2026

India Ratings & Research has projected India's economy to grow at 6.9 per cent in FY27, supported by reforms, trade agreements and stable inflation. Retail inflation is expected to average 3.8 per cent, while the rupee may weaken to an average of 92.26 per dollar. Government debt is projected to decline gradually, aligning with medium-term fiscal targets. The agency expects the FY27 budget size to rise to INR 52 lakh crore, even as FY26 revised estimates may be lower due to tax revenue shortfalls.Read more

03 Jan 2026

India has approved electronics manufacturing projects worth INR 418.63 billion, or about USD 4.64 billion, under its Electronics Component Manufacturing Scheme, aiming to strengthen domestic supply chains. Companies such as Samsung Electronics, Tata Electronics, and Foxconn will receive incentives to produce key components including mobile phone enclosures and camera sub-assemblies. The scheme supports India's broader push to reduce import dependence and attract global manufacturers. The approved projects span eight states and are expected to generate component output worth INR 2.58 trillion, or USD 28.62 billion, while creating around 34,000 jobs. The move aligns with India's goal to scale electronics production to USD 500 billion by 2031.Read more

03 Jan 2026

State-run miner Coal India has opened its e-auctions to foreign buyers from neighbouring countries such as Bangladesh, Bhutan, and Nepal, responding to weaker domestic demand for coal used in power generation. Coal-based power output in India has declined in several recent months as renewable energy use increases, leading to lower coal offtake. The move follows government approval to export surplus coal and aims to support volumes and margins. Coal India shares rose over 6% after the announcement. Neighbouring countries already source Indian coal through traders, and direct auction access is expected to streamline purchases, even as cost and logistics challenges remain compared to other suppliers.Read more

01 Jan 2026

India has overtaken Japan to become the world's fourth largest economy in nominal GDP terms, with its economy valued at around USD 4.18 trillion. Growth has been supported by domestic demand, industrial output, and services performance. Current conditions show a combination of moderate inflation and steady growth, which has maintained investment confidence. Government and international projections suggest that India could surpass Germany to become the third largest economy in the next few years. The country's ranking reflects ongoing economic reforms and increasing global presence.Read more

31 Dec 2025

Residential property sales across India's top seven cities fell sharply in 2025, declining about 14% year-on-year as higher prices, economic uncertainty, and job cuts impacted buyer sentiment. Around 3.96 lakh homes were sold, compared to 4.6 lakh units in 2024. Despite lower volumes, the total value of homes sold rose 6% to over INR 6 lakh crore, driven by steady demand for premium and luxury housing. MMR and Pune led sales but saw notable declines, while Chennai stood out with 15% growth. New housing launches remained stable, with a growing share of high-value homes. Average prices rose 8%, and unsold inventory edged up slightly.Read more

29 Dec 2025

The Municipal Corporation of Delhi (MCD) plans to develop 14 new construction and demolition (C&D) waste dumping sites, joining the 132 existing locations under the city's C&D Waste Management Framework. Each site will be equipped with CCTV cameras featuring automatic number plate recognition and mist spraying systems to enhance dust control and prevent illegal dumping. Enforcement teams have intensified inspections across the city, issuing hundreds of challans and collecting penalties in 2025. Recent checks of smaller construction sites revealed several non-compliant or unregistered sites, which were penalised to ensure adherence to waste management rules.Read more

29 Dec 2025

Indian government bonds saw mild selling pressure as markets reacted to a sharp increase in planned state government borrowing, raising concerns about excess supply. The benchmark 10-year yield edged higher despite a strong decline over the previous week. Tight liquidity conditions in the banking system have limited buying interest, following higher cut-off yields at a recent auction. The Reserve Bank of India's ongoing bond purchases and foreign exchange swaps are expected to support liquidity, even as traders remain cautious in the near term.Read more

28 Dec 2025

Tata Steel has received approval from the Competition Commission of India to acquire full ownership of Tata BlueScope Steel by purchasing the remaining 50 per cent stake from its joint venture partner. The regulatory clearance marks a key step in Tata Steel's plan to consolidate its coated steel business and simplify its corporate structure. With this approval, Tata Steel will gain complete strategic and operational control over the company, allowing closer alignment with its long-term growth objectives. The acquisition is expected to strengthen Tata Steel's downstream portfolio, improve operational efficiencies, and enhance its ability to respond to market demand in value-added steel segments.Read more

28 Dec 2025

NTPC Green Energy Ltd is set to begin commercial operations of a 69 MW solar power capacity at Khavda in Gujarat from Thursday, marking another milestone in its renewable energy expansion. The capacity forms part of the larger 1,255 MW Khavda-I Solar PV Project being developed under the CPSU Scheme Phase-II Tranche-III. With this addition, NTPC Green Energy's total installed renewable capacity will rise to 7,996.30 MW, while the overall installed capacity of the NTPC Group will reach 85,610 MW. The development underscores NTPC's commitment to accelerating India's clean energy transition.Read more