Business News: Economy & Markets

Broad-based growth, rising capacity utilisation driving fresh capex cycle: FICCI President

IANS | September 29, 2026 2:53 PM

Mumbai, Sep 29 (IANS) India is witnessing broad-based economic growth with companies increasing capital expenditure as capacity utilisation levels rise, FICCI President and RPG Group Vice Chairman Anant Goenka said on Tuesday, adding that strong momentum in sectors such as automobiles is creating positive spillover effects across the entire value chain.

India’s private-sector missile pivot to ensure wartime redundancy, improve price discovery

IANS | September 29, 2026 2:43 PM

New Delhi, Sep 29 (IANS) India expanded missile production beyond state‑run firms by bringing private companies into manufacturing, a shift aimed at closing a critical gap between developing sophisticated weapons and producing them at scale, a new report has said.

India, US set to advance bilateral trade pact during Piyush Goyal visit

IANS | September 29, 2026 2:18 PM

New Delhi, Sep 29 (IANS) As India and the US aim to advance negotiations on a balanced and mutually beneficial Bilateral Trade Agreement (BTA), Commerce and Industry Minister Piyush Goyal's engagement with the US Trade Representative (USTR) Jamieson Greer is being seen as key to achieve the trade deal faster.

Ministries sign pact for Udyam data sharing to improve business statistics ecosystem

IANS | September 29, 2026 2:10 PM

New Delhi, Sep 29 (IANS) Two ministries -- the Ministry of Micro, Small and Medium Enterprises (MSME) and the Ministry of Statistics and Programme Implementation (MoSPI) -- have signed a Memorandum of Understanding (MoU) to institutionalise a mechanism for sharing data aimed at strengthening the Statistical Business Register (SBR), an official statement said on Tuesday.

Workers listed under VB-G RAM G job scheme touch 10.88 crore

IANS | September 29, 2026 1:51 PM

New Delhi, Sep 29 (IANS) The Centre’s new VB-G RAM G rural employment guarantee scheme has recorded significant progress since its implementation on July 1 this year, with the number of active workers under the scheme going up to 10.88 crore and more than 31.69 crore person-days of employment being generated (as of September 24), according to a government factsheet issued on Tuesday.

India-New Zealand trade set to surge as FTA kicks in on Oct 20

IANS | September 29, 2026 1:38 PM

New Delhi, Sep 29 (IANS) The India-New Zealand Free Trade Agreement (FTA) is set to come into force on October 20, aimed at doubling bilateral trade by 2030. Indian exporters are set to receive duty-free access to New Zealand across all tariff lines.

NIFT students win 2 Silver Medals, Medal for Excellence at WorldSkills Shanghai 2026

IANS | September 29, 2026 1:20 PM

New Delhi, Sep 29 (IANS) The National Institute of Fashion Technology (NIFT) has brought laurels to the country at the 48th WorldSkills Competition held in Shanghai, China, with its students securing two Silver Medals and a Medal for Excellence across key skill categories, it was announced on Tuesday.

India targets 600 MT steel capacity by 2047, new policy soon: Secretary

IANS | September 29, 2026 12:54 PM

New Delhi, Sep 29 (IANS) India will soon put its new National Steel Policy in the public domain for stakeholder consultation with the government targeting steelmaking capacity of 600 million metric tonnes by 2047, Steel Secretary Sandeep Poundrik said on Tuesday.

Up to 60 pc talent shortage in GenAI, Cloud spurs huge market opportunities

IANS | September 29, 2026 12:31 PM

New Delhi, Sep 29 (IANS) India’s tech industry is growing fast but holds a 53–60 per cent talent gap in GenAI and Cloud with only about 16 per cent of IT professionals holding AI skills, a report said on Tuesday.

Pakistan faces credit access gap as millions remain outside formal lending system: Report

IANS | September 29, 2026 12:06 PM

New Delhi, Sep 29 (IANS) Millions of Pakistanis remain outside the formal credit system despite demand for financing from small businesses, farmers, gig workers and low-income households, highlighting an access gap that technology and digital lending could help bridge, according to a report.

business

Broad-based growth, rising capacity utilisation driving fresh capex cycle: FICCI President

India’s private-sector missile pivot to ensure wartime redundancy, improve price discovery

India, US set to advance bilateral trade pact during Piyush Goyal visit

Ministries sign pact for Udyam data sharing to improve business statistics ecosystem

Workers listed under VB-G RAM G job scheme touch 10.88 crore

India-New Zealand trade set to surge as FTA kicks in on Oct 20

NIFT students win 2 Silver Medals, Medal for Excellence at WorldSkills Shanghai 2026

India targets 600 MT steel capacity by 2047, new policy soon: Secretary

Up to 60 pc talent shortage in GenAI, Cloud spurs huge market opportunities

Pakistan faces credit access gap as millions remain outside formal lending system: Report

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