BUSINESS
Public Investment Board approves 1720MW Kamala Hydroelectric Project: Sources
The project will generate 6,869.92 MU of green energy annually on completion, thereby contributing to the Government of India’s energy transition initiatives and its Net Zero target by 2070.
BUSINESS
PRAGATI proves to be a powerful platform for power sector; 237 projects worth Rs 10.53 lakh crore reviewed and commissioned
If all layers of the PRAGATI ecosystem are taken into account, a total of 237 power sector projects worth Rs 10.53 lakh crore have been reviewed at various levels
BUSINESS
Budget 2026 on Feb 1? Govt likely to decide date today; CCPA to take final call
A proposal has been moved to to continue with the convention and present the budget on February 1, which falls on a Sunday this year
INDIA
Cabinet likely to approve Census 2027, Nuclear Energy Bill
Officials highlighted that if these bills are cleared, it would constitute the largest legislative package of Prime Minister Modi's third term.
INDIA
Union Cabinet likely to approve name change for flagship MGNREGA
MGNREGA has been one of the government’s flagship welfare schemes aimed at providing jobs in rural areas.
BUSINESS
Darpan Jain to be Chief Negotiator for India-US trade deal
Darpan Jain is a 2001-batch IAS officer of the Karnataka cadre and is currently serving as Joint Secretary in the Ministry of Commerce and Industry.
BUSINESS
New levy seeks to replace GST compensation cess on tobacco products, pan masala
The Central Excise Amendment Bill, 20205, will likely replace the GST compensation cess on tobacco products, sources said.
INDIA
End of 'inspection raj': NITI Aayog proposes end to licences, permits in radical regulatory overhaul
A high-level Niti Aayog committee headed by Rajiv Gauba has recommended Jan Vishwas Siddhant, outlining a trust-based regulatory system
BUSINESS
China FDI may get easier in electronics & consumer durables; Cabinet draft note prepared: Sources
A draft Cabinet note has been finalized, and comments have been sought from all relevant ministries.
INDIA
7 states amend over 1,000 provisions in 2025, push Jan Vishwas–style deregulation to boost business climate
The reforms largely focus on replacing criminal penalties for minor procedural violations with civil or administrative measures, making compliance simpler, faster, and less punitive for startups, MSMEs, and manufacturers.
BUSINESS
Govt has withdrawn 14 BIS Quality Control Orders; Big steps for chemical, plastics, and textile sectors
This will come into effect immediately from the date of Gazette publication without any transition delay.
BUSINESS
Will the Budget not be presented on February 1 this time?
Given the uncertainty this time, either the Finance Ministry or the Ministry of Parliamentary Affairs may soon clarify whether the Budget will be presented on February 1 or whether the date will be adjusted.
BUSINESS
Rs 13,000-crore incentive scheme likely for toy sector soon
The scheme proposes direct incentives linked to turnover and sales of toy manufacturers
BUSINESS
Govt considering Rs 13,000-crore package for auto component industry: Sources
Sources said, under the proposed scheme, government is likely to provide two types of incentives for auto component manufacturing
INDIA
Govt mulls Rs 13,000-cr package for auto parts makers to boost local manufacturing
This new scheme will be separate from the existing production-linked incentive (PLI) scheme and will focus on the entire value supply chain
INDIA
Election Highway: One-third of the nation’s highway projects to be launched in Bihar
Chief Secretary Amrit Lal Meena instructs all District Magistrates to take immediate action; target to issue tenders before the model code of conduct kicks in
BUSINESS
'40,000 sq meter land parcel approved in just 2 hours 34 minutes': Real-time example of quick government response in Bern
Piyush Goyal said, "It has been confirmed that approximately 40,000 square meters can be made available… They will shift the green zone to another location.”
BUSINESS
US-India trade deal: We are negotiating a nice, fair, equitable and balanced agreement to promote business, says Piyush Goyal
Goyal said that the proposed bilateral trade agreement between India and the United States presents a valuable opportunity for both nations to enhance and deepen their economic partnership.
BUSINESS
US trade deal: "I am born optimistic; low-hanging fruits should be captured first," says Piyush Goyal
Drawing a parallel with India’s agreement with Australia, Goyal noted that both nations had initially implemented an interim deal, which later expanded into a more comprehensive pact.
BUSINESS
China’s rare earth export curbs to affect auto sector in short term; India working on alternatives: Piyush Goyal
According to Goyal, the Indian embassy is already in discussions with Chinese authorities on the matter, and the commerce ministry is engaged as well.
BUSINESS
India-EFTA trade pact to be implemented from September: Piyush Goyal
BUSINESS
Cabinet likely to approve Rs 25,000-crore fund for shipping sector soon
During the Union Budget speech on Feb 1, 2025, FM Sitharaman had announced the setting up of Maritime Development Fund to boost India’s maritime sector
INDIA
Partial trade deal with US within 90 days likely; India to focus on three key fronts
In the next 90 days, New Delhi will pursue a three-pronged strategy aimed at invigorating its trade relations and protecting its domestic industry, a source said
BUSINESS
India expects exemption from Trump's tariffs, believes duties 'not a setback'
The government, which has set a control room to deal with Trump’s tariff, believes the levies will have an impact on some sectors but others will benefit
