09 Mar 2026

Harpal Singh Cheema has proposed an allocation of INR 11,577 crore for the departments of home affairs, justice and jails in the 2026-27 budget of Punjab, emphasising stronger law enforcement and technology-driven security systems. Presenting the budget in the state assembly in Chandigarh, Cheema said the allocation reflects the government's focus on improving internal security, strengthening institutional capacity and enhancing surveillance capabilities. The plan includes expanded CCTV monitoring in border districts, improvements to emergency response services such as Dial-112 and further investments in prison security infrastructure. The initiatives aim to enhance public safety, curb narcotics smuggling and strengthen the state's ability to respond to security threats along the international border with Pakistan.Read more

06 Mar 2026

Maharashtra continues to hold the position of India's largest state economy with a projected Gross State Domestic Product (GSDP) of INR 42,67,771 crore for 2024-25. However, official data shows that the state recorded the slowest growth among the four largest state economies Maharashtra, Karnataka, Gujarat and Tamil Nadu in the post-pandemic period. While Maharashtra's GSDP increased by around 43 percent between 2021-22 and 2024-25, Karnataka led the group with nearly 65 percent growth. Gujarat and Tamil Nadu also posted stronger expansion. Despite slower growth in percentage terms, Maharashtra still added the highest absolute economic value.Read more

03 Mar 2026

India's economy expanded 7.8% in the October-December quarter under a revised GDP series, easing from the previous quarter but retaining its position as the fastest-growing major economy. Strong private consumption supported growth even as government spending and investment moderated. The National Statistics Office has raised full-year growth estimates to 7.6% for 2025-26. Projections for 2026-27 are placed between 7% and 7.4%. The government has also revamped national accounts methodology, broadening data sources and addressing earlier concerns raised by the International Monetary Fund over statistical practices.Read more

02 Mar 2026

The EY Economy Watch report projects India's GDP growth at 6.8-7.2% in the next fiscal, citing improved trade agreements and medium-term growth potential. It emphasized that achieving the Viksit Bharat goal by 2047 would require raising the tax-GDP ratio, primarily through better compliance. Significant tax reforms in PIT and GST were carried out this fiscal, focusing on increasing household disposable income and supporting consumption. While these measures may lower gross tax revenues temporarily, the government is expected to stick to its budgeted fiscal deficit target.Read more

28 Feb 2026

The global conversation around Global Capability Centres (GCCs) has largely focused on talent availability, digital transformation, artificial intelligence capabilities and cost efficiency. However, an underlying macroeconomic shift is increasingly influencing where multinational companies choose to locate, scale and invest in GCCs. Boardroom discussions are moving beyond talent considerations to questions around the cost of capital and the long-term economic outlook of host countries. Rising interest rates, tightening liquidity and elevated sovereign debt levels in developed economies are reshaping global capital allocation strategies. Currency volatility, geopolitical uncertainty and cyclical investment flows are also adding complexity to expansion decisions. As a result, capital is becoming more selective, favouring economies that demonstrate macroeconomic stability, policy predictability and resilience. In this environment, macroeconomic intelligence has become central to GCC strategy rather than a peripheral consideration.Read more

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