Economy

News on Indian Economy

Centre Fully Operationalises Four Labour Codes, Marking India’s Biggest Labour Law Overhaul in Decades

The four codes are the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020. The government had already made the four codes effective from November 21, 2025, rationalising 29 existing central labour laws into a simplified framework. The latest publication of rules now completes the operational framework needed for implementation.

India’s Power Sector Set for 5–6% Growth as Demand, Renewables and Grid Investment Enter New Cycle

The demand story is changing because electricity is no longer being pulled only by households and traditional industry. New demand centres are emerging from data centres, electric mobility, cooling systems, agriculture pumps, electronics manufacturing, industrial corridors and policy-backed manufacturing sectors. These areas require not only more electricity, but also more reliable electricity across different times of the day.

Samsung Deepens India Enterprise Push With AI-Powered Business Experience Studio in Gurugram

The Gurugram Business Experience Studio, or BES, is built as a live demonstration centre where companies can experience industry-specific digital solutions rather than merely view standalone products. The facility focuses on sectors such as retail, banking and financial services, healthcare, education and hospitality, where businesses are increasingly looking for AI-driven tools to improve productivity, customer engagement, operational efficiency and secure digital interaction.

India Launches PMGSY-IV as Rural Road Scheme Completes 25 Years; ₹18,907 Crore Allocated for FY27

During the event, the Union Government will hand over approvals under PMGSY-IV for 973 rural roads covering a total length of 2,117 kilometres in Madhya Pradesh. These projects are expected to benefit 987 habitations across the state. In addition, more than 384 kilometres of road projects under the PM-JANMAN initiative will also receive approval, directly benefiting 168 backward habitations.

Jan Suraksha Schemes Complete 11 Years, Expanding India’s Low-Cost Insurance and Pension Net

According to the Ministry of Finance, cumulative enrolments under Pradhan Mantri Jeevan Jyoti Bima Yojana have crossed 27.43 crore as of April 29, 2026. The scheme has paid ₹21,512.50 crore for 10,75,625 claims, making it one of the largest low-cost life insurance platforms in the country. PMJJBY provides life insurance cover of ₹2 lakh in case of death due to any reason, at an annual premium of ₹436.

Courier Aggregators Become the Invisible Engine Behind India’s D2C Boom

This shift is significant because India’s D2C ecosystem is no longer limited to a few urban lifestyle brands. New businesses in fashion, beauty, wellness, electronics accessories, home products, food, personal care and niche consumer categories are trying to reach buyers across the country. For many of them, logistics can decide whether the business scales profitably or collapses under the pressure of high shipping costs, failed deliveries and returns.

India–EU FTA: A Mega Trade Pact Set to Reshape Global Commerce

The European Union is already one of India’s most important trade partners. Official EU data says India–EU trade in goods stood at €120 billion in 2024, while services trade reached €59.7 billion in 2023, more than doubling from €30.4 billion in 2020. The European Commission has also said the FTA could potentially double EU goods exports to India by 2032 and save around €4 billion every year in duties on European products.

TRAI Releases Consultation Paper to Expand Public Wi-Fi Networks Across India

The consultation paper reviews the existing regulatory framework and identifies the major challenges slowing the growth of public Wi-Fi services. TRAI has invited suggestions from stakeholders on measures needed to improve public Wi-Fi availability, especially in rural areas, urban centres and high-footfall locations such as markets, transport hubs, institutions and public spaces.