126 results for “Economy”
The Indian National Centre for Ocean Information Services (INCOIS), Hyderabad, will use ocean modelling, satellite remote sensing, artificial intelligence (AI) and machine learning (ML) tools to identify, monitor and forecast marine litter hotspots. The initiative is linked to the National Initiative for Remediation of Marine Litter, or NIRMaL Sāgar, and the pilot phase began in Visakhapatnam on 19 September 2026.
India has set a target of 60,000 metric tonnes of silk production by 2030-31, with an aim to become the world’s largest silk producer by 2028-29. The target was announced at the 77th Foundation Day of the Central Silk Board in Bengaluru on 21 September 2026, and the current annual production stands at 42,000 metric tonnes, up from 26,000 metric tonnes in 2014.
Karnataka approved a five-year Marine Biotechnology Policy for 2026-2031 on 18 September 2026. The policy aims to expand the state’s Blue Bioeconomy, increase marine biotechnology-based enterprise, and create institutional and industrial infrastructure along the Karnataka coast.
The number of active non-governmental organisations registered under the Foreign Contribution (Regulation) Act, or FCRA, fell from 29,022 in 2015 to 14,466 on 18 September 2026. Foreign contributions to FCRA-registered NGOs rose from ₹17,832 crore in 2015-16 to ₹22,974 crore in 2024-25.
Indian Railways approved the doubling of the 10.86-km Chouk-Karjat railway section in Maharashtra on 18 September 2026. The project has an approved cost of ₹497 crore and falls under the Central Railway zone.
The 25th Meeting of Ministers of the Shanghai Cooperation Organisation member states responsible for foreign economic and foreign trade activities was held on 17 September 2026 in Dushanbe, Tajikistan. The meeting was chaired by Abdurahmon Abdurahmonzoda, Minister of Economic Development and Trade of Tajikistan.
India’s Directorate General of Foreign Trade (DGFT) approved applications from seven companies to import 642 cars from Britain on 16 September 2026. The allocation was made under the tariff rate quota (TRQ) provisions of the India-UK Comprehensive Economic and Trade Agreement (CETA), which came into effect on 15 July 2026.
Lam Research announced on 16 September 2026 an investment of about ₹10,000 crore, or around US$1.04 billion, in India over several years. The plan covers the company’s first silicon component manufacturing facility in India and an expansion of its advanced research and development operations in Bengaluru.
Fujifilm has announced a greenfield semiconductor materials manufacturing facility in India with a total investment of about ₹800 crore, or around USD 83 million. The project will be implemented in two phases, with Phase 1 scheduled to begin in October 2026 and commercial production expected in fiscal year 2028.
The United States Federal Reserve raised its benchmark interest rate by 25 basis points on 16 September 2026. The Federal Open Market Committee voted 12-0 to lift the federal funds target range to 3.75% to 4.00%.
Kerala began a three-day roundtable conference under the ‘Reimagining Keralam’ initiative on 16 September 2026 in Thiruvananthapuram. The conference is linked to 73 major projects announced in the Kerala 2026-27 Budget and is scheduled from 16 to 18 September 2026 at Lemon Tree Premier and Hilton Garden Inn.
Kumik village in Zanskar was declared Ladakh’s first designated Heritage Village on 15 September 2026. The declaration was made by the Lieutenant Governor of Ladakh, Vinai Kumar Saxena, during the launch of the Ladakh Zanskar Festival 2026.