The Bangalore Chamber of Industry and Commerce (BCIC) has welcomed the Karnataka Budget 2026-27, highlighting its focus on economic growth, support for MSMEs, and infrastructure development. Industry leaders have expressed optimism about the budget's potential to boost manufacturing, create jobs, and drive innovation in the state.
The value of the rupee, which has slipped to the 92 per dollar mark, does not accurately reflect India's stellar economic fundamentals, the Economic Survey said on Thursday.
'We believe the truth is in the middle, and that India is at an important crossroads.'
Through policy interventions, Indian cities need to be reimagined as a network of inter-connected assets and services which serve to strengthen the social contract between citizens and their cities by improving their quality of life, the Economic Survey has flagged.
Highlights of the Economic Survey 2025-26
India must focus on building enduring national capabilities and economic sovereignty in the face of shrinking space for rules-based trading, anti-immigrant stance, weaponization of energy sources and growing use of export controls in critical sectors, the Economic Survey said on Thursday.
Rising automobile exports are reflective of the increasing acceptance of India-manufactured vehicles across global markets, according to Economic Survey 2025-26.
According to the Economic Survey 2026, the appropriate stance for 2026 is therefore one of strategic sobriety rather than defensive pessimism.
The country's primary capital markets delivered a robust performance in FY26, emerging as a global leader in initial public offerings (IPOs) despite an uncertain environment, the Economic Survey said on Thursday.
The Israeli Finance Ministry has warned that the ongoing war with Iran could cost Israel an estimated NIS 9.4 billion (USD 3 billion approximately) per week under current restrictions on economic activities.
A special court in Mumbai has issued notices to Nirav Modi's brothers, Neeshal and Nehal Modi, asking them to explain why they should not be declared fugitive economic offenders in the Punjab National Bank scam.
The Economic Survey on Thursday projected the GDP growth in the range of 6.8 to 7.2 per cent in 2026-27, a tad lower than 7.4 per cent estimated in the current fiscal.
A special court in Mumbai has issued notices to Nirav Modi's brothers, Neeshal and Nehal, asking them to explain why they should not be declared fugitive economic offenders in connection with the Punjab National Bank scam.
A top UN official has emphasised the critical role of women in India's development, highlighting that gender equality should be viewed as both a human right and a key factor in development effectiveness.
The Maharashtra government has announced a flexible work time initiative for women state government employees working in the Brihanmumbai Municipal Corporation (BMC). The 'Come Early, Go Early' initiative will allow women employees flexible reporting times and earlier departure times.
Overall economic activity continued to hold up in November with demand conditions remaining robust, thanks to strengthening urban demand, but manufacturing and rural demand showed some signs of deceleration even as services remained strong, according to an article on the State of the Economy written by Reserve Bank of India (RBI) officials in the central bank's December bulletin.
A new poll indicates that President Donald Trump's approval rating is suffering as economic anxieties and the rising cost of living weigh heavily on US voters, revealing deep political divides and widespread dissatisfaction with the government.
President Droupadi Murmu addressed a national convention, acknowledging the progress of women in various fields while highlighting the persistent social stereotypes, economic inequalities, and psychological barriers they face. She called for collective efforts to address these issues and emphasised the importance of promoting Indian languages and traditional knowledge systems.
Brent crude prices surged sharply on Monday, rising by more than 25 per cent to $116.5 per barrel, amid the ongoing conflict in West Asia, which has made crude prices bullish.
When it comes to raising funds, women entrepreneurs receive a disproportionately small share.
'India cannot speak of a demographic dividend if half its young women are unable to participate in paid work.'
West Bengal Chief Minister Mamata Banerjee has announced a new unemployment allowance of Rs 1,500 per month for young job seekers in the state, starting March 7. The announcement comes ahead of the assembly elections and aims to support unemployed youth aged 21-40 who have passed their secondary exams.
Sri Lanka is deliberating appropriate action after a second Iranian ship sought entry to its territorial waters, following an attack on an Iranian frigate near the island nation. The government is focused on safeguarding lives and regional peace.
India and Canada solidify their partnership with a landmark uranium supply agreement and discussions to finalise a comprehensive economic partnership, signaling stronger ties and cooperation on key global issues.
The Enforcement Directorate (ED) has attached assets worth over 200 crore belonging to TDI Infrastructure Limited in connection with a money-laundering investigation related to alleged fraud against homebuyers.
Twelve Indian Super League clubs have accused the All India Football Federation of retaining a surplus from the current season, despite promising not to profit from the league.
Eighteen months of preparation hang in the balance at a Tucson-based multi-use sports facility, where organisers say they remain in daily contact with FIFA about hosting Iran's national soccer team, even as geopolitical turmoil threatens to upend their World Cup plans.
'India should understand that we are not going to make the same mistakes with India that we made with China 20 years ago.'
External Affairs Minister S Jaishankar addressed the Rajya Sabha on India's position regarding the escalating conflict in West Asia, emphasising the need for peace, dialogue, and the safety of civilians, while also prioritising India's energy security and trade interests.
Rashid Naseem, wanted in India for an alleged investment fraud, has been arrested in Dubai following an Interpol Red Notice and extradition request.
Former India captain Dilip Vengsarkar urges sharp fielding and disciplined bowling from the Men in Blue ahead of their T20 World Cup semi-final against England at Mumbai's batting-friendly Wankhede Stadium.
Indian stock market benchmark indices Sensex and Nifty experienced a significant drop in early trade due to rising crude oil prices, bearish global market trends, and continuous foreign fund outflows.
India's foreign exchange reserves have surged to an all-time high, reaching USD 728.494 billion, according to the Reserve Bank of India. This increase is attributed to a rise in foreign currency assets and gold reserves.
Air India and Air India Express are introducing a fuel surcharge on domestic and international flights due to rising jet fuel prices, impacting travel costs for passengers.
A new report indicates that India's textile recycling market is projected to reach USD 3.5 billion by 2030, potentially creating one lakh green jobs. The report highlights the current state of textile waste management and opportunities for circularity in the Indian textile industry.
Police in Belagavi, Karnataka, have uncovered a large cyber fraud network using 2,900 mule bank accounts to funnel fraudulent transactions. The fraudsters target unemployed youth and women with promises of easy commissions, persuading them to share or open bank accounts used for illegal fund transfers.
A Mumbai court has denied bail to Purushottam Chavan, husband of IPS officer Rashmi Karandikar, in a Rs 24 crore cheating case, citing substantial evidence of his involvement in the crime.
The Indian rupee crashed to a record closing low against the US dollar due to rising global crude oil prices, a strengthening dollar, and geopolitical tensions in the Middle East.
A new survey indicates that Indian employers are planning to increase hiring in the April-June quarter, driven by strong business confidence and domestic demand. The survey also highlights the impact of AI adoption on workforce strategy and the challenges of talent scarcity.
Reliance Jio is aiming to be one of the first scalable token service providers in the world by deeply adopting and integrating artificial intelligence (AI) into its operations, said Jio Platforms group chief executive officer (CEO) Mathew Oommen at the Mobile World Congress in Barcelona.
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