25 Mar 2026

Delhi's per capita income is projected to reach INR 5,31,610 at current prices as per the Advance Estimates for 2025-26, reflecting a growth of 7.92% over the previous financial year. The economic survey presented in the Delhi Assembly also indicates that the city's per capita income remains significantly higher than the national average, at nearly 2.5 times. Alongside this, Delhi's Gross State Domestic Product is expected to grow by 9.42%, while revenue surplus and tax collections are also budgeted to increase, highlighting overall economic expansion.Read more

20 Mar 2026

The Chhattisgarh legislative assembly, led by the Chhattisgarh Legislative Assembly, approved the state's budget for FY 2026-27 with a total appropriation of INR 1.87 lakh crore and a net outlay of INR 1.72 lakh crore. Finance Minister O P Choudhary outlined that the budget focuses on inclusive growth, infrastructure, and welfare schemes. Key allocations include agriculture support, women's empowerment, and new missions in AI, tourism, and startups. The state also highlighted strong economic growth and ongoing policy efforts aimed at long-term development.Read more

17 Mar 2026

Akasa Air has entered into a strategic collaboration with Noida International Airport to establish an aircraft maintenance, repair and overhaul (MRO) facility within the airport premises. The initiative aims to strengthen India's aviation infrastructure and support the development of a domestic MRO ecosystem. The facility will handle a wide range of aircraft maintenance activities and is expected to improve operational efficiency while creating employment opportunities and promoting skill development in the region. The project also comes as India's aviation sector expands rapidly and seeks greater self-reliance in maintenance services.Read more

16 Mar 2026

Maharashtra is expected to contribute USD 1.5 trillion toward India's USD 5-trillion economy target by FY27, driven by infrastructure expansion, industrial growth, and strong investments. Key projects like the Mumbai Coastal Road, Atal Setu, and Navi Mumbai International Airport are enhancing connectivity and employment opportunities. Investments of nearly INR 2.96 lakh crore this year are projected to create around 3 lakh jobs. The state's focus on infrastructure, housing, and industrial development is transforming Mumbai into a competitive urban hub, supported by MoUs worth INR 30 lakh crore at international forums.Read more

14 Mar 2026

CREDAI MCHI Thane has welcomed the Maharashtra State Budget 2026 presented by Devendra Fadnavis, citing its focus on housing, infrastructure and economic growth. The industry body said the budget's emphasis on completing 3.57 lakh houses under Pradhan Mantri Awas Yojana and promoting rooftop solar energy will support affordable housing and sustainable development. It also highlighted the government's push for metro and highway projects, which are expected to improve regional connectivity and boost economic activity in Thane and other cities across Maharashtra.Read more

12 Mar 2026

Vedanta Chairman Anil Agarwal has called for urgent steps to develop India's domestic natural resources, warning that global conflicts are disrupting supply chains and affecting the country's energy imports. He pointed out that India imports nearly 90 per cent of its oil, 95 per cent of its copper and 99.5 per cent of its gold despite having strong geological potential. Drawing from more than four decades in the mining, metals and oil sectors, Agarwal said expanding domestic production could reduce import dependence while generating jobs, industries and exports. He also emphasised the need for policy reforms and globally competitive mining companies.Read more

11 Mar 2026

Karnataka Chief Minister Siddaramaiah presented the state's largest budget, allocating INR 4,48,004 crore (around USD 54.7 billion) to promote balanced development, combining social welfare with infrastructure and economic transformation. Key initiatives include an IT Park in Mangaluru, making Mysuru the second IT city, and establishing a Bengaluru Robotics and AI Innovation Zone. The budget also focuses on education, healthcare, water projects, regional development, and employment generation. Revenue and fiscal deficits are projected within legal limits. The plan reflects a long-term framework, known as the "11G model," guiding Karnataka's growth and addressing regional and social disparities.Read more

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