DDIndia Business: Economic Headlines & Updates

Business

August 6, 2026 12:26 AM

Centre approves 11 new flying training organisations to boost India’s pilot training capacity

In a major push to strengthen India's pilot training ecosystem amid rapid growth in the civil aviation sector, the government on Wednesday awarded Letters of Intent (LoIs) for the establishment of 11 new Flying Training Organisations (FTOs) across se...

August 6, 2026 12:25 AM

Pawan Hans signs MoU with Norway’s Noemi Aerospace to explore electric seaplane technology

Government-owned helicopter operator Pawan Hans Limited (PHL) has signed a Memorandum of Understanding (MoU) with Norway-based Noemi Aerospace (Elfly AS) to explore collaboration in next-generation sustainable aviation technologies, including electri...

August 5, 2026 9:25 PM

Amit Shah receives Rs 22.90 crore dividend cheque from REPCO Bank; lauds record profit performance

Union Home Minister Amit Shah on Wednesday received a dividend cheque of ₹22.90 crore from REPCO Bank, representing a 30 per cent dividend on the Government of India's share capital of ₹76.32 crore for the financial year 2025–26. The cheque wa...

August 5, 2026 6:32 PM

India’s chemicals and petrochemicals sector sees strong growth over last 12 years; Rs 3.4 lakh crore invested in PCPIRs

India's chemicals and petrochemicals sector has witnessed significant expansion over the past 12 years, driven by policy reforms, infrastructure development, investment promotion, skill development and research initiatives undertaken by the Departmen...

August 5, 2026 5:18 PM

Economists back RBI’s neutral stance, see lower inflation and stable rates supporting growth

Economists broadly welcomed the Reserve Bank of India's (RBI) decision to keep the policy repo rate unchanged at 5.25 per cent and retain a neutral stance, saying easing inflation risks, improving capital inflows and adequate liquidity provide room f...

August 5, 2026 5:07 PM

Sensex, Nifty end marginally higher after RBI keeps rates unchanged

Indian equity benchmarks ended marginally higher on Wednesday after the Reserve Bank of India (RBI) kept the benchmark repo rate unchanged at 5.25 per cent and maintained its neutral policy stance, broadly in line with market expectations. The Sense...

August 5, 2026 5:06 PM

Industry experts hail RBI’s status quo on repo rate

The Reserve Bank of India's (RBI) decision to keep the repo rate unchanged is likely to support homebuyer confidence, boost festive-season housing demand and investment activity across India's real estate sector, as per industry experts. The apex ba...

August 5, 2026 4:00 PM

RBI targets circulation of polymer currency notes by next FY

Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday said the central bank is targeting the circulation of polymer currency notes by the beginning of the next financial year. “The polymer currency notes have enhanced durability and li...

August 5, 2026 3:47 PM

RBI to resume ‘on-tap’ licensing of urban co-operative banks, review lending rate framework

The Reserve Bank of India (RBI) on Wednesday announced a series of regulatory measures, including the resumption of 'on-tap' licensing for Urban Co-operative Banks (UCBs), a review of concentration risk norms for Rural Co-operative Banks (RCBs), and ...

August 5, 2026 3:19 PM

RBI’s balanced policy stance to support growth, investment sentiment: PHDCCI

The Reserve Bank of India's decision to keep the policy repo rate unchanged at 5.25 per cent reflects a balanced approach to containing inflation while supporting economic growth amid global uncertainties, the PHD Chamber of Commerce and Industry (PH...