Govt May Cut PSU Stake to 26%, Keep Control: Survey

The Economic Survey suggests reducing mandatory government stake in PSUs from 51% to 26% while maintaining effective control through special resolution rights, potentially unlocking significant monetization opportunities.

India's FY27 Growth Forecast: 6.8-7.2%, Potential at 7%

India's Economic Survey projects GDP growth of 6.8-7.2% for FY27, with potential growth rising to 7% due to reforms. Domestic resilience and macroeconomic stability support steady expansion amid global risks.

Labour Mobility Unlocks Real FTA Gains for India-EU Deal

India's Free Trade Agreement with the European Union can deliver substantial economic benefits by facilitating labour mobility and integrating Indian workers into European supply chains, creating diverse opportunities.

Nagpur Metro Phase-2: 45% Piers Completed

Nagpur Metro's Phase-2 construction hits 45% pier completion milestone across corridors. Officials address sand shortage challenges, shift to crushed sand, and target 2027 completion.

Rural Economy Improves, MGNREGS Demand Drops 53%

India's Economic Survey reveals a 53% decline in MGNREGS persondays as rural economy strengthens. Unemployment drops to 2.5%, with new Viksit Bharat Act modernizing rural employment guarantees.

Economic Survey Calls for Entrepreneurial State in India

India's Economic Survey proposes shifting towards an entrepreneurial state model to navigate uncertainty, emphasizing systematic learning, risk structuring, and protecting officials from vexatious prosecution.

Air India Orders 30 Boeing 737 Jets, Total Boeing Orders Reach 250

Air India announced an order for 30 additional Boeing 737 aircraft at Wings India 2026, bringing its total Boeing orders to 250. The Tata Group-owned airline also signed agreements with Boeing and Airbus to enhance fleet capabilities and support global ex

India's Aircraft Fleet to Triple by 2035: Airbus

India's commercial aircraft fleet with over 100 seats is projected to nearly triple to 2,250 by 2035 from 850 currently, as Airbus targets 120-150 annual deliveries to the country.

India's Electronics Export Boom: Economic Survey 2025-26

India emerges as an electronics export powerhouse with mobile phone production value soaring 30-fold to Rs 5.45 lakh crore in FY25, as internet users cross 950 million, according to the Economic Survey 2025-26.

Gold, Silver Record Highs Transform Jewellery Trade Practices

Gold and silver prices hit historic peaks in India, with gold at Rs 1.8 lakh per 10 gram and silver at Rs 4 lakh per kg. This extreme volatility has forced jewellers to shift from token-based bookings to full advance payments, altering consumer preference

GBA Gets 6 Premium FAR Apps, Expects Rs 200 Cr

The Greater Bengaluru Authority has received six applications under its premium Floor Area Ratio scheme, anticipating revenue of Rs 200 crore from real estate projects exceeding 5,000 sqft in Bengaluru and surrounding planning areas.

Microsoft Stock Plunges 12%, Loses $424B

Microsoft shares experienced their worst intraday decline since March 2020, wiping out $424 billion in market value. The drop follows concerns over AI investments and cloud growth slowdown.

First Brands Founders Indicted for Billion-Dollar Fraud

Patrick and Edward James, founders of bankrupt auto-parts maker First Brands Group, face federal charges for defrauding lenders through fake invoices and falsified financial statements, causing billions in losses.

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