126 results for “Economy”
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.
IIT (ISM) Dhanbad has secured an Indian patent for an electrochemical reactor that recovers copper from industrial wastewater. The patent was granted by the Patent Office, Government of India, for the invention titled “An Electrochemical Reactor for Cathodic Recovery of Copper from Wastewater”.
The Indian government has prohibited banks and payment system providers from levying charges on Unified Payments Interface (UPI) transactions up to ₹2,000 and on payments made through RuPay-powered debit cards. The policy was notified through the Finance Ministry and was formalised by an amendment to Section 10A of the Payment and Settlement Systems Act, 2007.
India and the United States have expanded cooperation on undersea cable networks under the US-India TRUST (Transforming the Relationship Utilising Strategic Technologies) Initiative. The partnership covers subsea systems that carry more than 95% of global digital traffic and support international communications, financial services, cloud computing, and the global digital economy.
India’s Department of Consumer Affairs notified the Consumer Protection (E-Commerce) (Amendment) Rules, 2026 on 10 September 2026. The amended rules will replace the Consumer Protection (E-Commerce) Rules, 2020 from 1 January 2027 and apply to e-commerce marketplaces and other online platforms operating in India.
The International Monetary Fund (IMF) welcomed India’s efforts to modernise its macroeconomic statistical framework on 10 September 2026 in Washington. The IMF said that the inclusion of a new Index of Industrial Production (IIP) series and a new Producer Price Index (PPI) series in the national accounts release can improve the accuracy of India’s Gross Domestic Product (GDP) estimates. India has also updated its GDP calculation series by adopting 2022-23 as the new base year.
The Karnataka Cabinet approved the Karnataka Aerospace Policy 2026-2031 on 9 September 2026. The policy covers aerospace, defence, aviation, and space research and development, and it seeks to expand the sector beyond Bengaluru. The state government set an investment target of ₹60,000 crore over five years.
The 9th ASEAN–India Ministerial Meeting on Agriculture and Forestry (AIMMAF) was held in New Delhi on 9 September 2026. The meeting was co-chaired by Francisco P. Tiu Laurel, Secretary of the Department of Agriculture of the Philippines, and Shivraj Singh Chouhan, Union Minister for Agriculture and Farmers’ Welfare of India.
Union Commerce and Industry Minister Piyush Goyal set an annual target of 10 million international medical value tourists for India during the Sanjeevani 2026 expo in New Delhi on 7 September 2026. He also stated that 3.5 million international patients have used Indian healthcare services over the past seven years.
Coastal Local Area Bank Limited, headquartered in Vijayawada, was included in the Second Schedule to the Reserve Bank of India Act, 1934, and received scheduled bank status. The Reserve Bank of India issued the inclusion through Notification DoR.LIC.No.S3539/22-03-070/2026-27, and the notification was published in the Gazette of India.
The Government of India sold about 4,000 tonnes of buffer onions across 17 cities during the first ten days of its subsidised retail intervention in 2026. The central buffer stock for the year 2026 stands at 1.21 lakh tonnes, and the onions are being sold at Rs 35 per kg in selected price-sensitive markets.
India’s direct tax buoyancy remained above 1 for the third consecutive financial year, with the figure at 1.39 in 2024–25. Direct tax buoyancy measures the rate of growth in direct tax collections relative to the rate of growth in nominal Gross Domestic Product.