Punjab has formally launched a new regime of mining auctions, marking a significant policy shift aimed at reforming the state’s mineral sector through transparency, accountability, and structured governance. The initiative seeks to replace discretionary allocations with competitive bidding, curb illegal mining activities, and enhance revenue realization for the state. By introducing a technology-driven auction framework, the government aims to attract credible investors while ensuring regulatory compliance and environmental safeguards.

India is steadily emerging as a key partner for developing nations in the global transition toward renewable energy. By leveraging its experience in large-scale solar, wind, and clean power deployment, the country is extending technical expertise, financial support, and policy cooperation to energy-deficient economies. This approach blends climate responsibility with economic diplomacy, helping partner nations reduce fossil fuel dependence while strengthening energy security.

India’s fiscal consolidation path for FY26 is gaining credibility, with PwC expressing optimism about the government’s ability to meet its fiscal deficit target. Supported by steady revenue growth, disciplined expenditure management, and sustained economic momentum, the outlook suggests improving macroeconomic stability. Strong tax collections, rationalization of subsidies, and higher capital expenditure efficiency are expected to play a critical role.

Lodha Group has strengthened its long-term growth strategy by acquiring land parcels earmarked for projects with an estimated development value of Rs 34,000 crore. The move reflects rising confidence among large developers in India’s urban housing and mixed-use real estate demand. By expanding its land bank at a time of improving sales momentum and stabilizing interest rates, the group is positioning itself to capture future residential and commercial opportunities.

Narmadesh Brass has entered the primary market with the launch of its Rs 44.8 crore small and medium enterprise (SME) initial public offering, seeking to raise capital to strengthen operations and fund future growth. The issue reflects sustained interest in SME listings, as manufacturing-focused companies tap public markets to enhance balance-sheet flexibility and expand capacity. Market participants are closely watching the offering amid a broader environment shaped by selective investor appetite, cost pressures, and cautious optimism.

Financial markets navigated a decisive phase in the third quarter as corporate earnings reports and key inflation indicators emerged as the dominant forces influencing investor sentiment. Strong performances across select sectors offered reassurance about business resilience, while persistent inflation data kept expectations around interest rates and monetary policy firmly in focus. Equity indices reflected this push and pull, reacting sharply to earnings surprises and macroeconomic cues.

A renewed debate over transparency in India’s banking system has emerged as the Central Information Commission (CIC) examines a dispute involving the Reserve Bank of India (RBI), commercial banks, and the disclosure of non-performing asset (NPA) data under the Right to Information (RTI) Act. At the heart of the matter is whether detailed borrower-level NPA information should be made public in the interest of accountability or protected to preserve financial stability and confidentiality.

Prime Minister Narendra Modi has asserted that India is experiencing an unprecedented phase of certainty, marked by policy continuity, institutional strength, and long-term economic vision. Addressing the broader direction of the Indian economy, Modi emphasized that predictable governance and reform-led policymaking have replaced years of uncertainty. This shift, he said, has strengthened investor confidence, accelerated capital formation, and improved India’s global credibility.

Union Minister Piyush Goyal has advocated stronger policy incentives for the adoption of precast steel and prefabricated construction technologies, describing them as a practical solution to India’s growing pollution challenge. He emphasized that traditional construction methods contribute significantly to dust, waste, and carbon emissions, particularly in urban centers. By promoting precast steel structures, Goyal said India can reduce environmental damage, accelerate project completion, and improve overall construction quality.

India’s economic resilience and growing global influence have drawn praise from industry leaders, with Reliance Industries Chairman Mukesh Ambani commending Prime Minister Narendra Modi’s leadership. Speaking on India’s ability to withstand global disruptions, Ambani highlighted the country’s structural reforms, digital transformation, and policy stability as key drivers of sustained growth. Despite geopolitical tensions and economic headwinds worldwide, India has maintained momentum through strong domestic demand and long-term investment planning.