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Economic Policy;Trade & Investment

Nepal targets 7% average growth and IT export push in new fiscal policy blueprint

Nepal’s government has outlined its fiscal 2026/27 agenda, focusing on economic transformation through IT service exports, hydropower, and governance reforms. The plan targets an average 7% real growth rate over the next decade, alongside a restructuring of tax systems and a renewed drive to attract foreign and diaspora investment.

Nepal | 2 weeks ago

Trade & Investment

India and South Korea formalize MSME partnership to drive technical and trade synergy

India and the Republic of Korea have signed a Memorandum of Understanding to foster structured cooperation between their small and medium enterprise sectors. The agreement prioritizes technical exchange, business matchmaking, and cross-border investment to strengthen economic integration and industrial innovation between the two nations.

2 weeks ago • India;Korea (South)

Investments & Funding

India-New Zealand FTA set for april 24 signing, targets $20 billion investment and zero-duty access

India and New Zealand are expected to sign a Free Trade Agreement on April 24 in Delhi, eliminating tariffs on Indian exports to New Zealand. The deal aims to double bilateral trade to $5 billion within five years and attract $20 billion in investment over 15 years.

2 weeks ago • India;New Zealand

Economic Policy

India waives import taxes on critical petrochemicals until June 30 amid Middle East supply disruptions

India has exempted import taxes on over 40 petrochemical products, including methanol, PVC, and PTA, effective April 2 through June 30. The move responds to Middle East conflict-driven supply chain disruptions and aims to relieve downstream industries facing rising input costs.

2 weeks ago • India

Renewable Energy

Tamil Nadu budget outlines renewable power expansion and energy storage push to meet rising electricity demand

Tamil Nadu’s interim budget signals a major policy push to expand renewable energy capacity and strengthen grid reliability. Planned initiatives include a large pumped storage project, battery energy storage systems, and riverfront infrastructure upgrades, reflecting broader efforts to meet surging electricity demand while improving environmental management.

2 weeks ago • India

Latest News

Defence | 2 days ago

Elbit Systems secures $350 million international main battle tank modernization contract

Israel-based defense electronics company Elbit Systems has clinched a $350 million international contract to upgrade main battle tanks over a four-year period, integrating advanced situational awareness, AI-driven targeting, and modern communication suites.

Business & Corporate | 2 days ago

UPS commits USD 50 million to industrial logistics and launches time-definite Mexico air freight

UPS is investing nearly $50 million in specialized automotive and industrial network enhancements. The expansion introduces time-definite heavy air freight services between the U.S. and Mexico, streamlining cross-border production cycles and integrating brokerage and warehousing into a single-carrier solution.

Energy & Power | 2 days ago

NLC India selects Ohmium and InSolare for 4 MW green hydrogen project in Tamil Nadu

Ohmium International and InSolare Energy have partnered to deploy a 4 MW green hydrogen facility for NLC India Limited. Utilizing advanced Proton Exchange Membrane technology, the plant in Neyveli aims to produce 700 metric tons of hydrogen annually for industrial and mobility applications.

Business & Corporate | 2 days ago

Rashmi Group commits INR 350 billion to expand industrial footprint in West Bengal

Diversified industrial major Rashmi Group has announced a massive 35,000 million INR investment to scale its steel, power, and mining operations in West Bengal. The plan includes adding 7 million tonnes of annual steel capacity and operationalizing newly acquired coal blocks across several districts.