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Economics

Arunachal Plans ₹400-Crore Golf Course to Boost Tourism and Regional Business

Arunachal Pradesh could soon witness a major tourism and hospitality development with plans for an 18-hole international-standard golf course. A group of golf enthusiasts has prepared a blueprint for the proposed project, which is estimated to involve an investment of around ₹400 crore and is aimed at creating a new tourism and business attraction in the sta...

Assam Expands Inland Waterway Trade with Methanol Shipment to Bangladesh

Assam is taking another step towards expanding the use of its inland waterways for commercial cargo movement, with a vessel carrying 27 ISO tanks arriving at Bogibeel from Guwahati for the transportation of methanol to Bangladesh through National Waterway-2 (NW-2).

Assam Approves 504 Bighas for New Industrial Estate in Hajo

The Assam Cabinet has given the go-ahead for the allocation of 504 bighas of land in Hajo Revenue Circle, Kamrup, for the development of a new industrial estate. The move is expected to expand the district’s industrial infrastructure and provide additional land for businesses and industrial activities.

Women Lead 52.6% of Startups Surveyed in Assam: IIMCIP Report

Assam’s startup ecosystem is witnessing significant participation from women entrepreneurs, with women founders accounting for 52.6% of the startups surveyed in the state, according to a report by IIM Calcutta Innovation Park (IIMCIP). The findings point to the growing presence of women in Assam’s entrepreneurial landscape and highlight the changing composit...

₹19,000-Crore Fertiliser Project in Odisha Enters Crucial Phase

The ambitious Talcher fertiliser project in Odisha is moving into a crucial stage as authorities and the project company step up efforts to resolve delays and improve the financial viability of the nearly ₹19,000-crore facility. The project, being developed at Angul, is designed around coal-gasification technology and is expected to play a role in expanding...

CTC Tea, Matcha Exports Get Boost Under Revised Assam Incentives

Assam has revised its tea export incentive framework with measures aimed at strengthening the state’s tea industry and improving the competitiveness of its products in international markets. The revised scheme provides additional support for exporters of CTC tea while also bringing Matcha Tea into the incentive structure

Trump Signs Russia Sanctions Bill, Paves Way for Tariffs on Oil Buyers

US President Donald Trump has signed legislation aimed at strengthening sanctions against Russia, opening the door for the United States to impose additional tariffs on countries that continue to purchase Russian oil and other energy products.

₹50,000 Crore Investment Plan Announced for 'Viksit Assam 2047'

The Assam government has announced a ₹50,000 crore investment plan as part of its long-term roadmap for achieving the objectives of ‘Viksit Assam 2047’. The proposed investment is aimed at strengthening the state’s economic foundation and accelerating development across key sectors.

August Retail Inflation Rises to 4.82%; Food Inflation Surges to 5.95%

India’s retail inflation recorded a noticeable increase in August, with headline CPI inflation reaching 4.82%, while food inflation rose to 5.95%. The movement in prices signals a renewed increase in inflationary pressure after a period of relatively moderate price growth.

Solar Industries Announces ₹12,951 Crore Acquisition of South Africa's Omnia Holdings

Solar Industries India is making a major push into international markets with its proposed acquisition of South Africa-based Omnia Holdings for ₹12,951 crore. The transaction represents a significant expansion for the Indian industrial company and is expected to strengthen its global presence across mining, chemicals and other specialised industrial business...