Economy

News on Indian Economy

Two Rafale Production Hubs Taking Shape in India: Nagpur and Hyderabad Could Transform Fighter Manufacturing

Hyderabad already has a formally announced and confirmed Rafale fuselage-production programme involving Dassault Aviation and Tata Advanced Systems Limited (TASL). Nagpur, meanwhile, has an established Dassault industrial base through Dassault Reliance Aerospace Limited (DRAL) and has been reported as a potential location for the Indian Rafale Final Assembly Line, although the final industrial arrangement for the 114-aircraft programme has not yet been contractually fixed.

PAIMANA Brings India’s ₹40.54 Lakh Crore Infrastructure Pipeline Under a Unified Data-Driven Monitoring System

PAIMANA — Project Assessment, Infrastructure Monitoring and Analytics for Nation-Building — was launched on 25 September 2025 as a web-based platform for monitoring Central Sector infrastructure projects costing ₹150 crore or more. It replaced the older Online Computerized Monitoring System, or OCMS-2006, and is designed to provide a more modern system for tracking project costs, expenditure, physical progress, timelines and implementation issues.

Tripura’s Dergang FPO Makes First Mustard Honey Export to Dubai

The shipment represents the first export of mustard honey from the region and opens a new international market channel for local beekeepers and farmers associated with the FPO. The initiative is expected to encourage organised production, value addition and export-oriented apiculture while strengthening Tripura’s presence in the global agricultural market.

India and Singapore Review Eight-Pillar Strategic Partnership at 19th Foreign Office Consultations in New Delhi

The talks were co-chaired by Rudrendra Tandon, Secretary (East), Ministry of External Affairs, and Luke Goh, Permanent Secretary (Policy), Ministry of Foreign Affairs of Singapore. Both sides assessed implementation of initiatives under the CSP roadmap and discussed projects being taken forward through the India-Singapore Ministerial Roundtable (ISMR).

PMAY-Urban Crosses Major Milestone: 1.25 Crore Homes Sanctioned, Over 1 Crore Delivered

Alongside the overall housing milestone, the programme has also emerged as a major instrument of women’s asset ownership. Of the approximately 1.25 crore houses sanctioned under PMAY-U and PMAY-U 2.0, around 1 crore houses have been allotted either in the name of the female head of the household or under joint ownership involving women.