New Delhi, Feb 15 (IANS) Pakistan’s economy cannot be fixed without fixing the politics first, as a corruption-ridden government is coming in the way of economic development, according to an article in the Pakistani media.An economic system is perforce a product of the political system. The political system is higher in the hierarchy than all the other sub-systems; hence, any malfunction there affects all the constituent sub-systems. The degenerating economic order cannot be viewed in isolatio…
Latest Economic Development News & Updates
New Delhi, Feb 8 (IANS) Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat on Sunday underscored the importance of India engaging with the global economy. He stated that international trade agreements should be designed to provide mutual benefits while also protecting the interests of the nation and its farmers.He was speaking on Day 2 of the Mumbai Vyakhyanmala lecture series, organised as part of the “100 Years of Sangh Journey”.Bhagwat said, “People believe in power; they listen to t…
New Delhi, Feb 8 (IANS) The upcoming ‘India-AI Impact Summit 2026’ is being organised through seven Chakras or Working Groups, structured around seven interconnected thematic areas, and each Chakra focuses on a core area of AI impact, and translates the Sutras into concrete areas of action across policy and real-world applications, an official statement said on Sunday.Each Chakra fosters multilateral collaboration on AI’s societal impacts, from building skills to ensuring ethical deployment….
New Delhi, Feb 1 (IANS) The Confederation of Indian Industry (CII) on Sunday said the Union Budget 2026-27, with its next‑generation reforms, builds confidence, and its thrust on public capital expenditure will enhance private investment.CII welcomed the continued focus on fiscal prudence, noting that the fiscal deficit target of 4.3 per cent of GDP for FY27 reinforces confidence in India’s macroeconomic management.”There is broad recognition on fiscal discipline, including adherence to the …
Bhubaneswar, Jan 22 (IANS) Chief Secretary of Odisha Anu Garg on Thursday advised district collectors to develop each district as an economic hub and a growth engine for underdeveloped areas. According to an official statement, during a high-level virtual meeting, Garg urged the district collectors to ensure the smooth conduct of routine administrative work in their respective districts. She emphasised close monitoring of the progress of major developmental projects being implemented in their di…
Davos, Jan 21 (IANS) Assam Chief Minister Himanta Biswa Sarma on Wednesday said that the state’s engagement with global industry leaders at the World Economic Forum (WEF) Annual Meeting in Davos has opened up promising avenues for future investment and collaboration. In a post on social media platform X, the Chief Minister noted that over the last three days, he interacted with more than 20 leading business figures, exchanging views on how Assam offers a unique and competitive ecosystem across…
Davos, Jan 21 (IANS) Assam Chief Minister Himanta Biswa Sarma on Wednesday said the state’s participation at the World Economic Forum (WEF) Annual Meeting in Davos as part of “Team Bharat” reflects India’s evolving growth narrative, where every region is now positioned as a credible destination for global investment. Speaking to the media after concluding his engagements at Davos, Sarma said Assam’s presence at the global platform underlined India’s transition towards balanced and in…
Gandhinagar, Jan 18 (IANS) Gujarat Deputy Chief Minister Harsh Sanghavi will lead a high-level state government delegation to the World Economic Forum (WEF) 2026 in Davos, Switzerland, where he will outline the state’s long-term development roadmap and engage with global industry leaders to attract investment and generate employment opportunities for the youth. The Gujarat delegation’s participation in the WEF, scheduled from January 19 to 23, reflects the state government’s commitment to positi…
New Delhi, Jan 8 (IANS) The government-backed SWAMIH Investment Fund is expected to deliver more than one lakh homes across the country, providing much-needed relief to over four lakh people who were stuck in long-delayed housing projects, Ministry of Finance said on Thursday.The Special Window for Affordable and Mid-Income Housing (SWAMIH) Investment Fund was launched in November 2019 after approval by the Union Cabinet chaired by Prime Minister Narendra Modi.The initiative was created to provi…
Gandhinagar, Jan 2 (IANS) In a step towards achieving the vision of Developed India by 2047 and Developed Gujarat@2047, the Bhupendra Patel government has accelerated plans for the strategic development of Tier-2 and Tier-3 cities. Aligning with Prime Minister Narendra Modi’s vision of strengthening smaller urban centres, the state, under the leadership of Chief Minister Bhupendra Patel, has initiated the process to develop five satellite towns by 2030 and has invited urban planners to prepare…