Page-10 of Economy & Banking Current Affairs
Assam Launches 3,200 MW Ultra-Supercritical Power Project
Assam Chief Minister Dr. Himanta Biswa Sarma laid the foundation stone for a 3,200 MW ultra-supercritical thermal power plant at Chapar in Dhubri district, lower Assam, on 20...
India’s Semiconductor Market Projected to Reach $200 Billion
India’s semiconductor market is projected to expand from about USD 64 billion in 2026 to USD 200 billion by 2035, while another estimate places the market at USD...
India Targets 60,000 Tonnes Silk Production by 2030-31
India has set a target of 60,000 metric tonnes of silk production by 2030-31, with an aim to become the world’s largest silk producer by 2028-29. The target...
Stellantis Takes Full Ownership of Tiruvallur Plant
Stellantis India acquired the remaining stake held by Hindustan Motor Finance Corporation Ltd. in Stellantis Automobiles India Private Limited on 21 September 2026. The transaction gave Stellantis full...
FCRA NGOs Halve as Foreign Contributions Rise
The number of active non-governmental organisations registered under the Foreign Contribution (Regulation) Act, or FCRA, fell from 29,022 in 2015 to 14,466 on 18 September 2026. Foreign contributions...
Odisha Plans 870-Acre Silicon Valley Hub in Cuttack
Odisha has announced an 870-acre “Odisha Silicon Valley” project at Naraj near Cuttack for semiconductor, electronics, and information technology industries. The plan was announced during SEMICON India 2026...
Indian Railways Approves Chouk-Karjat Railway Doubling
Indian Railways approved the doubling of the 10.86-km Chouk-Karjat railway section in Maharashtra on 18 September 2026. The project has an approved cost of ₹497 crore and falls...
Lam Research to Set Up Silicon Component Facility in India
Lam Research announced on 16 September 2026 an investment of about ₹10,000 crore, or around US$1.04 billion, in India over several years. The plan covers the company’s first...
Fujifilm to Invest ₹800 Crore in Semiconductor Materials Facility
Fujifilm has announced a greenfield semiconductor materials manufacturing facility in India with a total investment of about ₹800 crore, or around USD 83 million. The project will be...
India Clears Import Quota for 642 UK Cars
India’s Directorate General of Foreign Trade (DGFT) approved applications from seven companies to import 642 cars from Britain on 16 September 2026. The allocation was made under the...
US Federal Reserve Raises Rates by 25 Basis Points
The United States Federal Reserve raised its benchmark interest rate by 25 basis points on 16 September 2026. The Federal Open Market Committee voted 12-0 to lift the...
