Mumbai, March 6 (IANS) The Maharashtra government has set an ambitious target to increase the gross income of the industrial sector in the state from $123 billion to $1,500 billion by 2047.Chief Minister Devendra Fadnavis, while presenting the annual Budget for 2026–27, said the state’s new Industry, Investment and Services Policy–2025 proposes to raise the share of the industry sector in the state economy to 30 per cent by 2047.According to the Budget, Maharashtra currently tops the country…
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Guwahati, Feb 1 (IANS) The Federation of Industry and Commerce of the North Eastern Region (FINER) on Sunday expressed satisfaction with the Union Budget 2026-27, terming it a well-balanced and growth-oriented budget that addresses the needs of industry while maintaining fiscal discipline.The FINER, the key industrial body of the Northeast region, welcomed the government’s emphasis on reform over rhetoric and said the fiscal consolidation glide path has been maintained as targeted.It particula…
New Delhi, Jan 6 (IANS) Bank credit growth in India remained resilient, as gross banking credit (GBC) rose 7 per cent to Rs 1,95,273 billion in eight months of FY26 till November end, driven mainly by retail loans, a report said on Tuesday.The report from Crisil Intelligence said secured retail lending — notably housing and gold loans — accounted for a larger share of incremental credit. It said retail credit accounted for about one‑third of gross banking credit.Unsecured loan growth moderat…