India's Economic Growth: Trends and Future Outlook
An in-depth analysis of India's economic performance, highlighting key growth drivers, challenges, and projections for the future based on recent data and expert opinions.
Category : Business
Cumin Exports Drop 12.5% in 2025 Due to Weak Demand
Cumin seed exports from India fell to 2.07 lakh metric tonnes in 2025, down 12.5% from 2024, driven by reduced demand from China and Bangladesh, and West Asia tensions.
Urea Output Drops Due to West Asia Crisis, Recovery Expected
Domestic urea production has fallen to 18 lakh tonnes this month from 24 lakh tonnes due to the West Asia conflict. The government assures adequate stocks and is boosting supplies through spot LNG buying and global tenders.
CPCB Notice to Tyre Producers and Recyclers in Karnataka
The Central Pollution Control Board has issued notices to tyre manufacturers and recyclers in Karnataka for failing to comply with environmental regulations, highlighting concerns over pollution control.
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CAG Report Reveals Rs 30,000 Crore Arrears, Blocked Capex
A recent CAG report tabled in the legislature highlights Rs 24,917 crore in GST and excise arrears for FY 2024-25, with total arrears reaching Rs 30,000 crore and significant capital expenditure blocked, raising concerns over fiscal management.
Punjab Announces New Chandigarh Award: ₹1,932 Crore
Punjab government has announced a new award of ₹1,932 crore for 309 acres of land in New Chandigarh, marking a significant development in the region's expansion and real estate sector.
Sonepat Property Registration to Get Costlier with Rate Hike
Haryana's Sonepat district is expected to see higher property registration costs as collector rates are likely to increase, impacting real estate transactions and buyer expenses.
Gujarat Extends Solar Power Discount Hours for Industries
Industrial units in Gujarat will now receive electricity discounts for two additional daytime hours to promote solar power use and reduce reliance on costlier evening energy. The move is expected to save industries around Rs 128 crore annually.
GIFT City Banking Assets Jump 7x to $106.7B in 5 Years
GIFT IFSC in Ahmedabad reports a sevenfold surge in banking assets to $106.7 billion by Feb 2026, driven by 37 banks and new infrastructure like FCSS.
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Haryana Approves Rs 11,709 Crore Rail Projects
Haryana Rail Infrastructure Development Corporation approves revised project cost of Rs 11,709 crore and reviews major rail connectivity projects including Haryana Orbital Rail Corridor and Kurukshetra elevated track.
Mumbai LPG Dealers Insist Hotels Apply for PNG First
LPG dealers in Mumbai are requiring hotels and restaurants to apply for piped natural gas connections before supplying 19kg commercial cylinders, aiming to shift establishments to PNG where feasible.
Jewar Airport to Boost Travel, Trade, and Tourism in UP
Jewar International Airport's operations are set to revolutionize connectivity, reducing distances between Purvanchal and western UP, boosting religious and medical tourism, and enhancing trade opportunities for local businesses.
DDU Railway Division Celebrates 11 Shield Achievement
The Pandit Deen Dayal Upadhyaya division of East Central Railway in Varanasi celebrated winning 11 shields at the 'Vishisht Rail Seva Puraskar–2025', including the prestigious GM Overall Efficiency Shield.
MP-UP Convention 2026: Boosting Tourism, ODOP, and Economic Growth
Madhya Pradesh CM Mohan Yadav inaugurates MP-UP Cooperation Convention 2026 in Varanasi, focusing on crowd management at Kashi Vishwanath Dham, developing the Kashi-Ujjain-Chitrakoot circuit, and boosting ODOP products through GI tags and exports.
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Milk in Jalandhar to Cost Rs 5 More per Litre from April 1
Residents of Jalandhar will face a price hike of Rs 5 per litre for milk starting April 1, 2024, impacting household budgets and local dairy consumption patterns.
India's Industrial Growth Hits 5.2% in February
India's industrial production grew by 5.2% in February 2024, up from 3.9% in January, driven by manufacturing and mining sectors, as per PHDCCI data.
Lok Sabha Passes Insolvency Amendment Bill to Tighten Timelines
The Lok Sabha has passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2024, aiming to expedite resolution processes and enhance creditor control in corporate insolvency cases.
Bengaluru Business Corridor Phase-1 Tender Launched
The Bengaluru Business Corridor project has commenced with the release of its Phase-1 tender, adopting a design, build, operate, and transfer model. Construction is slated for 36 months, followed by 10 years of operation and maintenance.
Bengaluru Trains Upgraded to Modern LHB Coaches for Better Travel
South Western Railway has upgraded five short-distance trains in Bengaluru to modern Linke Hofmann Busch (LHB) coaches, offering improved safety, charging points, and comfort features, though with some passenger concerns about seating design.
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Karnataka Electricity Tariff Hike: Up to 45 Paise Per Unit for Businesses
Commercial and industrial consumers in Karnataka face a double electricity tariff hike, with KERC likely to approve a 35-45 paise per unit increase from April, following a recent March revision.
Kanpur Incense Factory Fire: Workers Escape, No Casualties
A major fire broke out at an incense stick manufacturing unit in Kanpur's Tatyaganj area on Sunday night. Workers escaped safely, but the factory suffered substantial damage. Fire brigade teams controlled the blaze after deploying four units.
Industrial Output Growth Hits 5.2% in February
India's industrial production growth accelerated to 5.2% in February 2026, driven by a robust 6% expansion in the manufacturing sector, according to latest government data.
Rupee Hits All-Time Low, Closes at 94.70 vs Dollar
The Indian rupee touched a record low of 94.70 against the US dollar in intraday trade before closing at that level, driven by strong dollar demand and global economic pressures.
Ludhiana DC Orders 50% Commercial LPG Supply Restoration
The Deputy Commissioner of Ludhiana has directed gas agencies to immediately restore 50% of commercial LPG supply to address shortages affecting businesses and industries in the district.
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Gujarat Pharma Firms Hit by Raw Material Price Surge Amid Conflict
Pharmaceutical manufacturers in Gujarat are under severe pressure as raw material costs spike up to 90% due to West Asia conflict, supply disruptions, and a weak rupee, squeezing margins for essential drug makers.
Surat Textile Units Adopt 12-Hour Single Shift System
Textile weaving units in Surat have unanimously decided to limit operations to 12 hours daily, moving to a single-shift system to reduce production. This strategic move aims to address rising input costs, weak global demand, and labor challenges in India'
Fuel Duty Cut Signals Budget Squeeze, Post-Poll Price Rise Likely
A fuel duty cut has been implemented to keep retail prices stable during Assembly elections in four states and a Union Territory, but this move indicates budget constraints and potential price hikes after the polls.
Bengaluru Seniors Oppose Commercial Activity in Whitefield
Senior citizens in Bengaluru's Whitefield layout are protesting the conversion of a plot from residential to commercial use, sparking community concerns over zoning violations and quality of life.
Goa Chamber Urges GST Commissioner to Reconsider Event Tax Order
The Goa Chamber of Commerce and Industry has formally requested the state GST commissioner to review a recent order holding property owners liable for GST compliance during events, citing legal concerns and compliance burdens.
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NKDA Serves Notices to 69 Buildings for Illegal Commercial Use
New Town Kolkata Development Authority has issued stop-operation notices to 69 buildings for unauthorized commercial activities, with ongoing inspections of nearly 1,000 more suspected of violating residential usage rules.
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