Topic
economic development
NITI Index: Gujarat, Maharashtra Lead First Investment Friendliness Rankings
NITI Aayog released its first-ever Investment Friendliness Index, with Gujarat, Maharashtra, Tamil Nadu, Goa, and Odisha scoring above 50. The index, based on 90 indicators and investor feedback, aims to guide state-level investment policies. NITI vice chairperson Ashok Lahiri called it a performance indicator, not a race, urging states to act amid geopolitical volatility.
Nearly 500 Indian Cities Set to Become Next Economic Hubs: Finance Minister Nirmala Sitharaman
Finance Minister Nirmala Sitharaman announced that nearly 500 cities in India are poised to become the country's next economic hubs, citing a rapidly expanding middle class that now represents 31% of the population and drives 93% of consumer spending. Speaking at a French economic forum, she highlighted the middle class's annual growth rate of 6.3% since economic liberalization and noted that India will surpass China in middle-class population size between 2030 and 2035, according to an OECD study.
Business ICC Plans to Mobilise ₹1 Lakh Crore Investments in West Bengal, Informs Minister
The Indian Chamber of Commerce (ICC) delegation, led by President Brij Bhushan Aggarwal, met Science and Technology Minister Dr Jitendra Singh in New Delhi to discuss investment plans worth ₹1 lakh crore for West Bengal. The ICC aims to facilitate this investment through its member companies, citing renewed optimism in the state.
India seeks French investment in manufacturing; Piyush Goyal pitches scale and talent
According to a Times of India report, India is seeking French investment in manufacturing, with Commerce and Industry Minister Piyush Goyal pitching the country's scale and talent. No specific details on investment amounts or sectors were provided in the source.
Business Kochi emerges as top tier-II real estate hub with strong growth: Cushman & Wakefield report
Kochi has strengthened its position as a top Tier-II office market in India, driven by 9.7 million square feet of Grade-A stock, robust leasing activity from flexible workspace operators and GCCs, and low mall vacancy of 4.5%. Residential prices rose 10-13% annually. The growth is supported by the metro network, connectivity, and quality of life.
India's Trade Strategy Faces Six Major Challenges
India's trade agreements face significant challenges, including rising trade deficits and underutilization of FTA benefits. The Global Trade Research Initiative highlights tariff asymmetries and manufacturing shifts as key issues.
India: A Base for Global Manufacturing, Says Goyal
Union Commerce Minister Piyush Goyal encourages multinational companies to view India as a manufacturing base rather than just a market. He highlights India's potential as a global supply chain hub.
Trade Blue Economy Drives India's Viksit Bharat 2047 Vision
Experts emphasize the Blue Economy's role in India's Viksit Bharat 2047 vision, highlighting ocean-based sectors' potential for economic growth. Key partnerships and research initiatives are underway to support this sustainable development strategy.
Commodities Dairy Prices Steady Amid Gender Policy Shifts in India
Dairy prices in India have remained stable as the country focuses on gender-inclusive policies in the dairy sector. The emphasis on empowering women in dairy farming is expected to enhance productivity and economic resilience.
Govt Notifies Two Special Economic Zones in Puducherry
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Kerala plans women farmers consortium
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