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Tag: #EconomicGrowth

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Paradip Port Sets Record with 14.44 MMT Cargo in January 2026

RR Team, February 1, 2026February 1, 2026

Paradip Port Authority (PPA) has commenced 2026 on a strong note by achieving its highest-ever cargo handling for the month of January. The Odisha-based major port handled 14.44 million metric tonnes (MMT) of cargo during the month, surpassing its previous January record of 14.32 MMT set in 2024. This milestone…

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Union Budget 2026–27: Focus on Stability, Capex and Jobs

RR Team, February 1, 2026February 1, 2026

Union Finance Minister Nirmala Sitharaman on Sunday presented the Union Budget 2026–27 in the Lok Sabha, marking her ninth consecutive Budget and the first time India’s annual Budget was tabled on a Sunday. The Budget signals a clear shift towards policy continuity, fiscal discipline and long-term economic resilience rather than…

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India’s Manufacturing Boosted by Petrochemicals

RR Team, January 30, 2026January 31, 2026

The chemicals and petrochemicals sector continues to be a key driver of India’s industrial growth, contributing 8.1 per cent to the country’s overall manufacturing Gross Value Added (GVA) in FY 2024, according to the Economic Survey 2025–26 released by the Ministry of Finance. The sector’s strong backward linkages with petroleum…

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Piyush Goyal Hits Back at Congress Over India–EU FTA Criticism

RR Team, January 30, 2026January 30, 2026

 Union Commerce and Industry Minister Piyush Goyal has mounted a sharp defence of the India–European Union Free Trade Agreement (FTA), dismissing criticism from the Congress as politically motivated and reflective of a “negative mindset”. Using the colloquial phrase “angoor khatte hain”, Goyal likened the opposition’s response to the classic tale…

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MoSPI Seeks Public Feedback on Seasonal Adjustment of IIP

RR Team, January 28, 2026January 29, 2026

New Delhi: In a significant move aimed at modernising India’s official industrial statistics, the Ministry of Statistics and Programme Implementation (MoSPI) has released Discussion Paper 3.0 on the seasonal adjustment of the Index of Industrial Production (IIP) and invited public feedback from stakeholders. Why Seasonal Adjustment Matters The Index of…

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India Post Partners with SSL to Expand Capital Market Access

RR Team, January 27, 2026January 27, 2026

The Department of Posts (DoP), under the Ministry of Communications, Government of India, signed a strategic agreement with Stock Holding Services Limited (SSL) on 27 January 2026 at Dak Bhawan, New Delhi, to enhance citizen access to regulated capital market services across the country. Leveraging its extensive network of over…

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Microsoft, Amazon Unite Over Washington Housing Crisis Warning

RR Team, January 26, 2026January 26, 2026

In a rare display of unity, global technology rivals Microsoft and Amazon have come together to issue a stark warning about a deepening housing crisis in Washington State. The two companies, which usually compete fiercely across cloud computing, talent acquisition, and enterprise services, have jointly taken out a full-page advertisement…

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PLI White Goods: ₹8,337 Cr Output from 5 Firms

RR Team, January 23, 2026January 23, 2026

New Delhi: The Production-Linked Incentive (PLI) Scheme for White Goods marks another milestone as five companies have been provisionally selected in the fourth round, focusing on air conditioner (AC) components. The selected companies have committed a total investment of ₹863 crore and are projected to generate 1,799 additional direct jobs…

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Coal Ministry, DVC Seal Commercial Block Deal

RR Team, January 15, 2026January 16, 2026

In a strategic move to enhance India’s energy security and economic growth, the Ministry of Coal has executed Coal Mine Development and Production Agreements (CMDPAs) with Damodar Valley Corporation (DVC) for three commercial coal blocks Dhulia North, Mandakini B, and Pirpainti Barahat. These blocks were awarded under the 13th round…

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Female Labour Participation Hits Yearly High in Dec 2025

RR Team, January 15, 2026January 16, 2026

The latest Monthly Bulletin of the Periodic Labour Force Survey (PLFS) released by the Ministry of Statistics and Programme Implementation (MoSPI) shows a continued upward trend in overall labour force participation for persons aged 15 years and above, reaching 56.1% in December 2025. Female labour force participation (LFPR) recorded a…

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