Economy News ( English version)

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  • Government aims to complete Mumbai's Coastal Road project by Dec 2028: Union Minister Piyush Goyal August 2, 2026
    The Bandra-Versova-Bhayander Coastal Road project aims for completion by December 2028. This infrastructure development will significantly reduce travel times across Mumbai's western suburbs. Additional projects, including a desalination plant, are also under review for future implementation.
  • India clears only one Chinese FDI proposal worth Rs 1 crore in FY26; approves 13 Hong Kong investments August 2, 2026
    India approved one Chinese FDI proposal worth Rs 1 crore during FY26. Thirteen proposals from Hong Kong totaling Rs 610.42 crore received government clearance. Overall, sixty-three FDI proposals worth Rs 10,292.67 crore were approved by the government. Singapore and the UK emerged as top FDI sources by value. These figures align with previous financial year […]
  • NBA releases Rs 8.22 crore to rice research institutions and rice-growing States August 2, 2026
    Of the total amount, Rs 2.47 crore has been released to research institutions that conserved and shared the rice varieties with the company. ICAR-Indian Institute of Rice Research, Hyderabad, has received the largest share of Rs 2.43 crore, while Govind Ballabh Pant University of Agriculture and Technology, Uttarakhand, has received Rs 3.26 lakh for the spec […]
  • Indian companies build inventories amid rising commodity prices, supply chain risks: Report August 2, 2026
    Indian companies are accelerating inventory build-up to meet strong domestic demand. This strategy also prepares them for potential commodity price increases and supply chain disruptions. Resilient consumer demand has been evident in company earnings reports for the April-June quarter. Banking, capital goods, and select IT firms showed better-than-expected q […]
  • Andhra govt, Australia sign MoUs on clean energy, manufacturing, education, skills August 2, 2026
    Andhra Pradesh and Australia signed four MoUs expanding bilateral cooperation. These agreements cover clean energy, advanced manufacturing, and inclusive education initiatives. Student mental health and skill development also form key areas of collaboration. The partnerships aim to foster innovation and workforce development in the state. These collaboration […]

 

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