Move aimed at reducing tax exemptions ahead of Budget 2008-09.
Companies are drawn to the parks by the infrastructure and ready-to-occupy land.
Union Mines Minister G Kishan Reddy announced that the Indian government is intensifying its support for private mining entrepreneurs seeking critical mineral opportunities abroad, working with the Ministry of External Affairs and appointing mineral officers in embassies to facilitate these efforts.
'Improved law and order and transparent governance have helped change UP's investment image.'
Bank fraud is no longer just an external cyber threat -- insiders with legitimate access can exploit banking systems, trusted credentials and institutional blind spots to quietly siphon money.
Indian banks anticipate a reduction of up to 50 basis points in their funding costs due to a surge in liquidity from robust Foreign Currency Non-Resident (Bank), or FCNR (B), flows, lessening their reliance on more expensive certificates of deposit (CDs).
We raid restaurants for cockroaches but never raid the roadside. Public hygiene runs entirely on faith and fumes. Even after so many years of being a free nation, points out Binu Alex.
Despite aggressive expansion, India's solar power sector faces significant hurdles from rising regional disparities in installed capacity and a looming manufacturing glut due to overcapacity in domestic solar equipment production, potentially leading to consolidation and pricing pressures.
Under the scheme for integrated textile parks, the government provides up to 40 per cent of the cost of setting up a textile park with a ceiling of Rs 40 crore (Rs 400 million). Till now the ministry has contributed Rs 450 crore (Rs 4.5 billion). The industry has pitched in with nearly double this amount.
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.
Years after the Nano exit, Singur's farmers now seek industry and jobs, as the land remains caught between failed promises and political contest.
Under the TMC, Bengal has seen expansion of welfare, but not big-ticket private investment.
The Haryana government has approved expenditure of 1,028 crore for various projects across multiple departments, including police housing, public works, and irrigation, aiming to enhance infrastructure and public services in the state.
The Bihar government, led by Chief Minister Samrat Choudhary, has renamed the Sanjay Gandhi Biological Park as 'Patna Zoo' and the Sanjay Gandhi Institute of Dairy Technology as 'Bihar State Institute of Dairy Technology'. The cabinet also approved significant allocations for electricity subsidies, college establishments, and infrastructure projects.
Haryana Chief Minister Nayab Singh Saini inaugurated the 38th 'Vasant Utsav' in Panchkula, highlighting the state's commitment to culture, nature, and environmental conservation through various initiatives.
I wonder if I can rest assured -- before the election ink on my finger fades -- that my home state is at the threshold of a better future, wonders Vice Admiral Biswajit Dasgupta (retd).
The NDA released its manifesto for the Bihar assembly polls, promising jobs, infrastructure development, and social welfare programs.
Capex, infrastructure development, and prudent fiscal management are the key focus areas in the Budget, says Nilesh Shah.
Finance Minister Nirmala Sitharaman launched a strong attack on Rahul Gandhi and the Congress party, accusing them of compromising India's interests on the world stage and selling out farmers and the poor during their time in power.
Sebi is working with other regulators to expand the CAS framework.
The government's Budget announcements providing tax holiday for data centres, setting up of city economic regions (CERs) and funding to improve infrastructure in Tier-II and -III cities may give an indirect boost to India's realty sector, said industry executives.
To curb raw material imports from China and promote textiles, the Uttar Pradesh government is looking to set up nearly a dozen private textile parks in the state. The textile parks would be established under the UP Textile and Garmenting Policy 2022.
Budget 2026 sticks to fiscal discipline, shuns populist measures despite five key state elections coming up, but ends up rattling stock markets with a higher transaction tax on derivatives trading.
Given the high priority accorded to the manufacturing sector, several policy initiatives around the theme of Atmanirbhar Bharat have been set in motion to address its competitiveness and growth. Some notable examples include the PLI scheme and the employment-linked incentive scheme announced in the recent Union Budget. The Budget also announced the setting up of 12 industrial parks under the National Industrial Corridor Development Programme (NICDP).
'Don't look at Russia only as a place to earn quickly and then leave.' 'Try to build experience in serious companies, skills and certifications that will serve you anywhere in the world.'
Finance Minister Nirmala Sitharaman on Thursday said the government will consider the Production Linked Incentive (PLI) scheme for Chemicals and Petrochemicals sector to make India a manufacturing hub for such products. In view of stringent pollution control regulations and rising labour cost, she said, global manufacturers in the chemical industry are looking at diversifying their products and production capability and India stands out as an alternative destination for manufacturing. Besides, India offers a large domestic market, she said while addressing the third edition of the summit on 'Global Chemicals and Petrochemicals Manufacturing Hubs in India'.
The INDIA bloc has released its manifesto for the Bihar assembly polls, promising jobs, restoration of the old pension scheme, and free power, among other things.
India's market regulator is moving ahead to include real estate investment trusts (Reits) in benchmark indices in a phased manner, Sebi chief Tuhin Kanta Pandey said, while asserting that the regulator was working to strengthen the link between infrastructure building and the markets.
'We are expecting investment, public and private, of around Rs 40 trillion by 2029.'
Actor-politician Vijay held his first public meeting in Puducherry, criticising the central government for neglecting the union territory's demand for statehood and praising the local government's impartiality. He also targeted the DMK government in Tamil Nadu, suggesting they could learn from Puducherry.
The Department of Chemicals and Petrochemicals on Monday announced a new scheme to set up 'plastic parks' through a cluster development approach to promote India's plastic industry.
Finance Minister Nirmala Sitharaman on Tuesday said the government plans to raise capital gains exemption limit on certain financial assets to Rs 1.25 lakh per year for middle and upper middle class.
'Developers have started offering 70% to 100% extra area and beyond.' 'If the market cycle shifts -- as many are already predicting with signs of price saturation and reduction -- most recent redevelopment projects will unravel.'
The concern is that the scheme may not take off, like its precursor in the previous five-year plan.
Nitin Gadkari said AI will be used to detect landslides, waterlogging and accident-prone spots on highways, while highlighting logistics cost cuts and road safety initiatives
Reliance Industries (RIL) annual general meeting (AGM) had several stunning announcements. RIL looks to list Jio Platforms (JPL) by June 2026. It targets doubling of FY22 earnings before interest, taxes, depreciation and amortisation (Ebitda) (Rs 1.25 trillion; $14.6 billion) by FY27 implying 14.7 per cent compound annual growth rate (CAGR) over the FY22 levels.
The International Monetary Fund (IMF) has slapped 11 new conditions on Pakistan for the release of the next tranche of its bailout programme and warned that tensions with India could heighten risks to the scheme's fiscal, external, and reform goals, according to a media report on Sunday.
SEBI's blockbuster reforms are rewriting the rules of mutual fund investing -- faster growth, sharper transparency, and smarter safeguards that put investors first, explains Ramalingam Kalirajan.
Do home prices really never fall? Ramalingam Kalirajan begs to differ.
Uttar Pradesh Chief Minister Yogi Adityanath launched a scathing attack on West Bengal Chief Minister Mamata Banerjee over the violence during protests against the Waqf law, accusing her of remaining silent while "Bengal is burning." He also said that the only treatment for rioters is stick, as "Those who respond only to thrashing don't understand words."
