Business News: Economy & Markets

India in talks with China for use of airspace for flights amid Pakistan closure

IANS | September 29, 2026 7:51 PM

New Delhi, Sep 29 (IANS) India is in talks with China over the use of the Asian neighbour's airspace in the Xinjiang region by Indian commercial airlines to reduce the longer time and higher costs involved for flights to western countries due to the continued closure of Pakistani airspace, Civil Aviation Minister Ram Mohan Naidu said on Tuesday.

SC questions inflated medicine prices, corporate hospitals’ in-house pharmacy practice

IANS | September 29, 2026 7:27 PM

New Delhi, Sep 29 (IANS) The Supreme Court on Tuesday questioned the huge disparity between the maximum retail price (MRP) of medicines and the price at which they are supplied to retailers, asking the Centre why a uniform margin cap could not be prescribed for pharmaceutical products.

NITI Aayog workshop focuses on strengthening panchayats for Viksit Bharat

IANS | September 29, 2026 6:25 PM

Guwahati, Sep 29 (IANS) NITI Aayog, in collaboration with the Golap Borbora State Institute of Panchayat and Rural Development (GBSIPRD), organised a national workshop titled “Viksit Panchayat: Connecting People, Places, Resources and Opportunities”, bringing together policymakers, administrators and rural development experts to deliberate on strengthening Panchayats as engines of grassroots development, it was announced on Tuesday.

Tata Sons listing may reshape support assessment for group firms over time: Report

IANS | September 29, 2026 4:57 PM

Mumbai, Sep 29 (IANS) A potential stock market listing of Tata Sons, leadership changes within the Tata group and any restructuring of the holding company's ownership framework could influence the assessment of support provided to Tata group companies, a report said on Tuesday.

Indian Railways approves new MEMU services linking Meerut City with Khurja, Saharanpur

IANS | September 29, 2026 4:46 PM

New Delhi, Sep 29 (IANS) Indian Railways on Tuesday said that it has approved two MEMU services connecting Meerut City with Khurja and Saharanpur in Uttar Pradesh.

Warehousing growth to expand beyond Grade A cities: Adani Ports’ Pankaj Bhardwaj

IANS | September 29, 2026 4:32 PM

New Delhi, Sep 29 (IANS) Warehousing growth in India is expected to increasingly move beyond major consumption centres, with states such as Odisha, West Bengal and Assam emerging as potential growth markets, Pankaj Kumar Bhardwaj, Senior Vice President and Business Head–Warehousing and Adani Agri Logistics, Adani Ports and SEZ, said on Tuesday.

India’s strong growth and evolving consumer trends support consumption outlook: Report

IANS | September 29, 2026 4:00 PM

New Delhi, Sep 29 (IANS) India’s consumption story remains resilient despite market volatility and global macroeconomic uncertainties with premiumisation, evolving consumer preferences and strong domestic demand expected to support growth in the second half of FY27, according to a report released on Tuesday.

India‑Africa economic ties enter reciprocal phase, could bolster supply chain: Report

IANS | September 29, 2026 3:50 PM

New Delhi, Sep 29 (IANS) The economic relationship between India and Africa is entering a new reciprocal phase as investment and industrial partnerships deepen, a new report has said.

Centre sanctions Rs 1,200 crore to 10 states under PM Rashtriya Krishi Vikas Yojana

IANS | September 29, 2026 3:39 PM

New Delhi, Sep 29 (IANS) Agriculture Minister Shivraj Singh Chouhan on Tuesday handed over financial sanction letters worth more than Rs 1,200 crore to agriculture ministers of 10 states under the Prime Minister Rashtriya Krishi Vikas Yojana (PM-RKVY).

AI boom needs $6 trillion annual revenue by 2031 to justify infrastructure investments: Report

IANS | September 29, 2026 2:57 PM

New Delhi, Sep 29 (IANS) The rapid buildout of artificial intelligence (AI) infrastructure will require the creation of an estimated $6 trillion in annual revenue by 2031 to justify the capital being deployed with productivity gains alone unlikely to support the economics of the investment cycle, a report said on Tuesday.

business

India in talks with China for use of airspace for flights amid Pakistan closure

SC questions inflated medicine prices, corporate hospitals’ in-house pharmacy practice

NITI Aayog workshop focuses on strengthening panchayats for Viksit Bharat

Tata Sons listing may reshape support assessment for group firms over time: Report

Indian Railways approves new MEMU services linking Meerut City with Khurja, Saharanpur

Warehousing growth to expand beyond Grade A cities: Adani Ports’ Pankaj Bhardwaj

India’s strong growth and evolving consumer trends support consumption outlook: Report

India‑Africa economic ties enter reciprocal phase, could bolster supply chain: Report

Centre sanctions Rs 1,200 crore to 10 states under PM Rashtriya Krishi Vikas Yojana

AI boom needs $6 trillion annual revenue by 2031 to justify infrastructure investments: Report

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