Economy Archives - National Times

22 Jun

Haryana Chief Minister outlines comprehensive vision for ‘Vibrant Haryana-2047’ roadmap

Balwinder Singh0 CommentsHaryanaArvind Sharma, Constituency, Developed Haryana, Economy, Haryana, Nayab Singh Saini

Chandigarh (Balwinder Singh): Haryana Chief Minister Nayab Singh Saini announced a comprehensive vision for the state's development over the next two decades, aligning with Prime Minister Narendra Modi's vision of a developed India by 2047. Speaking at a press conference held at Haryana Niwas on Monday, Saini shared details of the "Vibrant Haryana-2047" initiative, which was the focus of a collaborative brainstorming session with state legislators. The campaign, themed "My Developed Constituency," places individual legislative assembly areas at the core of the state's long-term growth blueprint. Under the new initiative, each Member of the Legislative Assembly will act as a…

30 May

Centre Waives Customs Duty on Cotton Imports to Boost Textile Sector

Gurpreet Singh0 CommentsIndiaCotton import, Customs duty, Economy, Textile industry

New Delhi (Gurpreet Singh): In a major relief for India’s textile and apparel sector, the Central Government has announced a temporary exemption from all customs duties on cotton imports from June 1, 2026, to October 30, 2026. The move aims to improve cotton availability in the domestic market, reduce raw material costs, and support textile manufacturers currently navigating rising cotton and yarn prices. According to the official gazette notification, the government exercised its power under Section 25(1) of the Customs Act, 1962, and Section 124 of the Finance Act, 2021, to exempt cotton falling under Customs Tariff Heading 5201 from…

28 May

India Exits Top-15 Global FDI Destinations, Cheema Slams BJP’s ‘Amrit Kaal’ Claims

Gurpreet Singh0 CommentsPunjabEconomy, FDI, Finance, Harpal Singh Cheema, investment, Punjab

Chandigarh (Gurpreet Singh): Punjab Finance Minister Harpal Singh Cheema on Thursday said that India’s removal from the list of the world’s Top-15 economies for Foreign Direct Investment (FDI) confidence reflects the deepening crisis of investor trust under the BJP-led Central Government. Referring to the latest FDI Confidence Index rankings, The Finance Minister stated that while India was ranked among the world’s Top-10 investment destinations in 2016, it has now slipped completely out of the Top-15 list in 2026. Citing the global rankings, Finance Minister Harpal Singh Cheema said the development exposes the stark gap between the BJP Government’s publicity-driven claims…

28 Nov

India’s Economy Surges to 8.2% in Q2, Manufacturing Leads the Upswing

Rajeev Sharma0 CommentsIndia, TrendingEconomy

New Delhi (Rajeev Sharma): India’s economic engine picked up speed in the July–September quarter, logging an 8.2% expansion—its fastest pace in a year and a half—driven largely by a sharp rebound in factory output and a buoyant services industry. The latest figures from the National Statistics Office (NSO) show that the country has strengthened its position as the world’s quickest-growing major economy, far outpacing China’s 4.8% growth during the same period. The second-quarter performance marks a step up from the 7.8% growth recorded in the previous three months and a sizable leap from the 5.6% seen a year earlier. The…