126 results for “Economy”
Karnataka notified its Textile & Apparel Policy (4.0) 2026-31 on 30 September 2026 with a financial outlay of Rs 4,000 crore. The policy aims to attract Rs 20,000 crore in domestic and foreign investment and create 5 lakh jobs in the textile sector over five years.
Kotak Mahindra Bank Ltd received approval from the Reserve Bank of India on 1 October 2026 for the appointment of Anup Kumar Saha as Managing Director and Chief Executive Officer. His three-year tenure will begin on 1 January 2027, and he will succeed Ashok Vaswani, whose term ends on 31 December 2026.
The Government of India revised sugar stockholding norms for dealers on 1 October 2026 to regulate sugar distribution during the festive season. The new order applies from 15 October 2026 to 30 November 2026 and limits dealer stock to 15 days from the date of receipt.
The Ministry of Micro, Small and Medium Enterprises and the Ministry of Statistics and Programme Implementation exchanged a Memorandum of Understanding in New Delhi on 29 September 2026. The agreement covers the development and strengthening of the Statistical Business Register and the National Statistical Business Register.
India fixed a foodgrain production target of 373.93 million tonnes for the 2026-27 crop year on 29 September 2026. The target is lower than the record output of 376.56 million tonnes achieved in 2025-26. The announcement was made by the Union Minister of Agriculture and Farmers’ Welfare, Shivraj Singh Chouhan.
India is preparing a new National Steel Policy with a target of more than 600 million tonnes of steelmaking capacity and over 500 million tonnes of steel consumption by 2047. The draft policy is intended to replace the National Steel Policy, 2017, which had a horizon up to 2030 and a capacity target of 300 million tonnes.
FICCI FRAMES 2026, the 26th edition of Asia’s media and entertainment convention, is being held on 29-30 September 2026 at the Grand Hyatt in Mumbai, Maharashtra. The convention carries the theme “India’s Media Moment: Creating Value in an Age of Infinite Content” and covers television, streaming, films, sports, gaming, live events, the creator economy, artificial intelligence, and emerging technologies.
NMDC Ltd. commissioned an integrated iron ore processing, slurry pipeline, and pellet-making project worth ₹5,427 crore in Chhattisgarh on 27 and 28 September 2026. The project includes a new iron ore processing plant at Bacheli, a 15 million tonne per annum slurry pipeline, and a 2 million tonne per annum pellet plant at Nagarnar.
Uttar Pradesh has set a target of increasing annual exports from about ₹2 lakh crore to ₹5 lakh crore by 2030. The target was announced on 27 September 2026 at the UP International Trade Show in Greater Noida. The export plan is linked to the state’s wider goal of becoming a $1 trillion economy.
India’s federal power ministry issued a directive on 25 September 2026 for more than 100 captive coal-fired power plants to maximise generation from 1 October to 31 December 2026. The order applies to captive plants with an installed capacity of at least 50 megawatts and uses emergency powers under Section 11 of the Electricity Act.
Paradip Port was designated as a “Mega Port” on 25 September 2026 under Section 73 of the Indian Ports Act, 2025. The Ministry of Ports, Shipping and Waterways granted the status after an assessment of structural and operational capabilities against prescribed benchmarks.
India and the Gulf Cooperation Council (GCC) formally launched negotiations for a Free Trade Agreement (FTA) through a Joint Statement signed on 24 February 2026 in New Delhi. The Joint Statement was signed by India’s Union Minister of Commerce and Industry, Piyush Goyal, and GCC Secretary General, Jasem Mohamed Albudaiwi. The Terms of Reference for the FTA were signed on 5 February 2026 and set the framework for the negotiations.