Economy News ( English version)

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  • CII suggests GIS-enabled land bank, uniform stamp duty to speed up acquisition April 19, 2026
    The Confederation of Indian Industry (CII) has proposed a unified national industrial land bank with a GIS-enabled system to streamline land acquisition for manufacturing. The proposal includes standardized social impact assessments, district-level acquisition cells, and a dispute registry to reduce timelines and enhance transparency.
  • Govt may hike FDI limit in pension sector; Bill likely in Monsoon Session April 19, 2026
    The government is poised to significantly boost foreign direct investment in the pension sector, potentially raising the limit to 100%. A bill to this effect is anticipated in upcoming parliamentary sessions. This move mirrors the insurance sector's recent FDI liberalization. Additionally, proposals include separating the NPS Trust from the PFRDA, aimin […]
  • India resilient amid oil shock, may grow 6.8%-7.1% despite global headwinds: SBI Research April 19, 2026
    India faces global challenges from a strong position. Economic growth is projected between 6.8% and 7.1% for FY27. The nation's banking sector is robust. Opportunities arise for GIFT City and Indian airports. The Reserve Bank of India is likely to maintain its current monetary policy stance. India's resilience is evident amidst regional conflict an […]
  • Cabinet clears Rs 12,980 crore maritime insurance pool to cut costs April 19, 2026
    India is launching the Bharat Maritime Insurance Pool, backed by a substantial sovereign guarantee of over ₹12,980 crore. This strategic initiative aims to offer unwavering maritime insurance coverage for Indian vessels, encompassing all maritime risks and significantly decreasing dependency on international insurers.
  • Rupee depreciation forces Indian firms to adopt Yuan payments, boost local sourcing April 18, 2026
    Indian businesses are actively seeking ways to counter the weakening rupee. Companies are now making payments for Chinese imports in yuan, aiming for better supplier prices. Simultaneously, there is a strong push towards sourcing more goods locally. This strategy helps reduce dependence on imported items and manage rising costs. These efforts are crucial for […]

 

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