Jodhpur (Rajasthan) [India], March 06: FUJIFILM India, a leader in advanced diagnostic imaging solutions, today announced the inauguration of endoscopy manufacturing in Jodhpur, Rajasthan. This marks an important milestone in the company’s endoscopy journey in India and reaffirms its commitment to the Government of India’s Make in India initiative.

This initiative supports the Government of India’s Make in India vision by strengthening domestic endoscopy base while improving access to minimally invasive diagnostic technologies.

The contract manufacturing of Made in India products will be carried out through a local manufacturing partner in Jodhpur, aligned with Fujifilm’s globally benchmarked Japanese quality standards, the manufacturing will progressively localise endoscopy systems to meet the growing demand for high-performance diagnostic solutions.

Reinforcing its commitment to quality-led expansion and long-term healthcare infrastructure development.

The Chief Guest at the inauguration was Shri Gajendra Singh Shekhawat ji, Honourable Union Minister, Ministry of Culture and Tourism, Government of India, and Shri Gajendra Singh Khimsar ji, Honourable Cabinet Minister, Ministry of Medical, Health & Family Welfare, Government of Rajasthan, joined as the Guest of Honour. Mr. Haruto Iwata, Managing Director, FUJIFILM Asia Pacific Pte. Ltd. and Mr. Koji Wada, Managing Director, FUJIFILM India Private Limited along with various dignitaries from the healthcare fraternity and government institutions graced the occasion.

The expansion represents a strategic advancement of FUJIFILM India’s healthcare capabilities and reflects the company’s long-term commitment to strengthening India’s healthcare ecosystem through high-quality, locally manufactured healthcare technologies. The initiative is aligned with Fujifilm’s globally benchmarked Japanese quality and localisation standards, integrating advanced production processes, robust quality systems, and precision-driven practices.

Under the national localisation framework, the initiative will support local manufacturing of advanced endoscopy systems designed to address the growing need for improved diagnostic accuracy and smoother endoscopic examinations. These systems are equipped with LED light sources that precisely control multi-coloured LED illumination, combined with advanced image processing technologies to deliver clearer and more clinically relevant images tailored to different diagnostic requirements. Key features include Blue Light Imaging (BLI), which enhances the visualisation of fine blood vessels and microstructures of the mucosal surface, and Linked Color Imaging (LCI), which emphasises subtle colour differences, particularly in red regions of the image, supporting physicians during endoscopic examinations.

Commenting on the occasion, Shri Gajendra Singh Shekhawat ji, Honourable Union Minister of Culture & Tourism, Government of India said, “The vision of Viksit Bharat is rooted in building world-class capabilities within the country, across healthcare, technology, infrastructure and human capital. In the Amrit Kaal, efforts that enhance domestic presence in high-precision sectors such as medical devices align strongly with the national development agenda while supporting improved patient outcomes. This step reflects the kind of capacity-building that will enable India to emerge as a trusted global hub.”

“Viksit Rajasthan @2047 is about building capabilities that generate jobs, strengthen infrastructure, and attract advanced technology integration. The endoscopy manufacturing operations in Jodhpur showcases growing confidence in Rajasthan’s industrial ecosystem and reinforces our focus on attracting technology-led, quality-driven production that creates employment and builds long-term capability,” said Shri Gajendra Singh Khimsar ji, Honourable Cabinet Minister, Ministry of Medical, Health & Family Welfare, Government of Rajasthan.

Reflecting on the company’s commitment to the ‘Make in India’ vision, Mr. Haruto Iwata, Managing Director, FUJIFILM Asia Pacific Pte. Ltd., said, “India’s healthcare landscape is evolving rapidly, with increasing emphasis on early detection, minimally invasive diagnostics, and access to reliable healthcare technology. By bringing Japanese quality standards and advanced endoscopic technologies to India, we aim to strengthen diagnostic capabilities while contributing to the broader objective of building sustainable, high-quality medical infrastructure.”

Adding on this, Mr. Koji Wada, Managing Director, FUJIFILM India Private Limited, said, “This milestone is an important part of Fujifilm’s roadmap to deepen our healthcare footprint in India. It reflects our group purpose of ‘Giving our world more smiles’ by supporting India’s healthcare providers with capabilities that will strengthen diagnostic infrastructure. We continue to remain committed to bringing our diverse ideas and unique capabilities together to change the world.”

Fujifilm plans to consider progressively expanding the scope of Made in India offerings to support neighbouring markets, reinforcing India’s role as an emerging regional manufacturing and supply base within Fujifilm’s global healthcare network.

With this inauguration, FUJIFILM India continues to strengthen its contribution to India’s growing role in healthcare technology localisation, reflecting a shared vision between India and Japan to build reliable, future-ready diagnostic solutions.

About FUJIFILM India:

FUJIFILM India Pvt. Ltd. is a subsidiary of FUJIFILM Corporation, Japan. Established in 2007, FUJIFILM India is present in four business segments – Healthcare, Electronics, Business Innovation and Imaging. With a vast portfolio of technologically advanced products, the company is involved in the business of Healthcare, Endoscopy Systems, Photo Imaging Solutions, Electronic Imaging, instax (Instant Photo System), Optical Devices, Graphic Communication Solutions, Multifunction Printers, Recording Media, Industrial Products and Electronic Materials. For more information please visit:

https://www.fujifilm.com/in/en

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New Delhi [India], March 05: New Delhi will host global leaders, policymakers, international organisations, industry experts and development practitioners at the Water Transversality Global Awards & Conclave 2026, scheduled on 6–7 March 2026 at the Multipurpose Hall, Kamla Devi Complex, India International Centre, New Delhi. The two-day international event is being organised by the India Water Foundation supported by SSWA Office of UN ESCAP, Niti Aayog, Ministry of Environment, Forest and Climate change, Ministry of Jal Shakti, Ministry of Power, Ministry of Social Justice and Empowerment, and Ministry of Heavy Industries of the Government of India.

The Opening Plenary Session, commencing at 9:30 AM on 6 March, will be chaired by Sh. Raj Bhushan Chaudhary, Hon’ble Minister of State, Ministry of Jal Shakti, Government of India, as the Chief Guest. The session will also feature distinguished global and national leaders including the President of the World Water Council, Mr. Loic Fauchon, Sh. Yugal Joshi, NITI Aayog, Government of India, and Sadhguru Jaggi Vasudev, Founder of the Isha Foundation, Ms. Ulrike Kelm, Deputy Executive Secretary-IWRA and Dr. Arvind Kumar, President-India Water Foundation who will share insights on integrated water management, sustainability and planetary well-being.

The Inaugural Ceremony, scheduled at 6:30 PM on 6 March, will be graced by Sh. Om Birla, Hon’ble Speaker of the Lok Sabha, as the Chief Guest. The ceremony will also be attended by Sh. Harsh Malhotra, Hon’ble Minister of State, Ministry of Corporate Affairs and Ministry of Road Transport & Highways, Government of India.

The inauguration will feature several landmark highlights including:

• Release of Book Friday Epiphanies a collection of weekly blogs by Dr. Arvind Kumar-President, India Water Foundation
• Release of a Commemorative Special Cover by India Pos to mark the significance of Water Transversality and sustainable water stewardship.
• Presentation of the Water Transversality Global Awards, recognising outstanding leadership, innovation and impactful initiatives in water governance, sustainability, climate resilience and ESG-driven development, leadership and lifetime Achievement.

The conclave shall have an International conference  “Deciphering ESG Transversality for a Sustainable Water-Energy-Health and Environment Nexus” Over the two days, the conclave will host high-level plenary sessions, leadership dialogues, technical presentations and policy discussions involving international organisations, government institutions, academic experts and industry leaders from nearly 30 countries. The deliberations will explore themes such as the Water-Energy-Environment-Health Nexus, ESG Transversality, climate resilience, water circularity and global cooperation for planetary health diplomacy.

The Water Transversality Global Awards aim to celebrate institutions, leaders and organisations that are pioneering transformative solutions in the water sector and advancing integrated development across water, energy, environment and health systems. The partners coming together for the event are Global Water Partnership, World Water Council, International Union for Conservation of Nature (IUCN), United Nations Office for Project Services (UNOPS), International Commission on Irrigation and Drainage (ICID), The Institute for Studies in Industrial Development (ISID), Wetlands International, Global Alliance for a Sustainable Planet (GASP), BBC Media Action, ICARS-IIT Roorkee, Indian Oil Corporation, HPCL, BPCL, GAIL India, Anondita Medicare, Sulabh International, and S M Sehgal Foundation.

Speaking ahead of the event, Dr. Arvind Kumar, President, India Water Foundation, said that the conclave will provide an important global platform for dialogue and action. He noted that water challenges today cannot be addressed through isolated sectoral approaches. The concept of Water Transversality, pioneered by the India Water Foundation, recognises water as a central connector across multiple development sectors and promotes integrated policies that simultaneously address climate resilience, ecosystem protection, public health and economic sustainability.

The Conclave will bring together eminent leaders and experts from India and across the world to deliberate on solutions that address global water challenges through cross-sectoral collaboration, innovation and policy integration aligned with the Sustainable Development Goals (SDGs). The Water Transversality Global Awards & Conclave represents a significant milestone in advancing a holistic approach to water governance and reinforcing the role of water as a foundational element for sustainable development, environmental stewardship and human well-being.

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Mumbai (Maharashtra) [India], March 05: Maharashtra has taken a major stride toward strengthening coastal transportation with the launch of the M2M Princess Ro-Pax Ferry Service connecting Mumbai to Vijaydurg in Sindhudurg district. The new maritime route is being celebrated as a milestone in the state’s efforts to modernize water transport and unlock the immense potential of its long coastline.

The ferry service was inaugurated on 1st March by the Hon’ble Fisheries and Ports Minister and Guardian Minister of Sindhudurg, Shri Nitesh Rane, under the leadership of Hon’ble Chief Minister Shri Devendra Fadnavis. The initiative represents a significant push toward improving coastal mobility, promoting tourism, and providing a faster travel alternative between Mumbai and the Konkan region.

Strengthening Maharashtra’s Maritime Vision

Maharashtra’s vast coastline presents enormous opportunities for maritime transport and economic development. Recognizing this potential, the state government has been actively promoting projects that enhance coastal connectivity and improve transport infrastructure.

Under the leadership of Chief Minister Devendra Fadnavis, maritime development has received renewed attention. The Mumbai–Vijaydurg ferry service reflects the government’s long-term vision of creating an efficient water transport network that complements existing road and rail systems.

Ports and Fisheries Minister Nitesh Rane has played an important role in driving initiatives aimed at improving connectivity in the Konkan region. His efforts have focused on promoting infrastructure that supports tourism, local businesses, and regional development.

Role of the Maharashtra Maritime Board

The project has been implemented with the support of the Maharashtra Maritime Board (MMB), the nodal agency responsible for managing and developing the state’s non-major ports.

MMB has facilitated the development of this new ferry route as part of its broader strategy to expand coastal transport services. With Maharashtra’s coastline stretching more than 877 kilometers, the board continues to explore innovative ways to utilize maritime routes for passenger travel and economic growth.

Introducing the M2M Princess Ro-Pax Ferry

The centerpiece of the initiative is the M2M Princess, a modern Ro-Pax ferry designed to carry both passengers and vehicles. The Roll-On/Roll-Off system allows travelers to board the ferry with their vehicles and drive off at the destination, making the journey seamless and convenient.

Key Features of the Vessel

• Passenger Capacity: Up to 626 passengers
• Car Capacity: Approximately 40 four-wheel vehicles
• Motorcycle Capacity: Around 25 bikes
• Estimated Travel Time: About 7 hours between Mumbai and Vijaydurg

The ferry is equipped with comfortable seating and modern onboard facilities to ensure a safe and pleasant travel experience for passengers.

A Faster and Scenic Travel Alternative

Traveling by road from Mumbai to Sindhudurg typically takes 10 to 12 hours, depending on traffic and road conditions. The new ferry route significantly reduces travel time while offering passengers a relaxing journey across the Arabian Sea.

Apart from saving time, the ferry service offers several advantages:

• Reduced pressure on highways
• A more sustainable mode of transport
• Comfortable long-distance travel
• A scenic sea journey along the Konkan coast

For many travelers, the opportunity to combine convenience with breathtaking coastal views makes the ferry an attractive option.

Enthusiastic Public Response

The launch of the ferry service generated widespread excitement among passengers and residents. The inaugural sailing of the M2M Princess was fully booked, reflecting strong public interest in the new transport option.

Passengers welcomed the service as a long-awaited alternative to long road journeys. The overwhelming response highlights the growing demand for efficient maritime connectivity between Mumbai and the Konkan region.

Boost to Tourism in Sindhudurg

Sindhudurg district is known for its pristine beaches, historic forts, and rich coastal culture. The direct ferry connection from Mumbai to Vijaydurg is expected to attract more tourists to the region.

Weekend travelers and holidaymakers from Mumbai and nearby cities will now find it easier to visit the Konkan coast. Increased tourist inflow is likely to benefit local businesses, including hotels, restaurants, and tourism operators.

This improved accessibility can also strengthen economic ties between Mumbai and southern Konkan districts.

Toward a Modern Water Transport Network

The launch of the Mumbai–Vijaydurg Ro-Pax ferry service represents an important step toward building a comprehensive coastal transport system in Maharashtra.

With strong leadership from Chief Minister Devendra Fadnavis, the proactive initiatives of Ports and Fisheries Minister Nitesh Rane, and the operational support of the Maharashtra Maritime Board, the state is steadily advancing its maritime infrastructure.

The success of the M2M Princess ferry service demonstrates the potential of water transport to play a larger role in Maharashtra’s future mobility landscape.

Conclusion

The introduction of the M2M Princess Ro-Pax ferry service marks a significant milestone in Maharashtra’s coastal development journey. By providing faster travel, promoting tourism, and strengthening regional connectivity, the project has set the stage for a new chapter in maritime transportation.

As the state continues to explore innovative ways to utilize its extensive coastline, initiatives like this ferry service are expected to contribute to sustainable growth, improved mobility, and stronger economic development across the Konkan region.

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When an economy is wobbling, tax numbers panic first. February’s GST data didn’t. At ₹1.83 lakh crore, it delivered a calm, unexciting message that matters more than hype: stability.

New Delhi [India], March 03: February’s GST collection of ₹1.83 lakh crore sends a clear, unambiguous signal. Economic activity remained steady, compliance stayed intact, and demand continued without disruption, reinforcing a pattern of stability rather than volatility

Why February 2026 GST Collections Matter

India’s Goods and Services Tax (GST) collections reached ₹1.83 lakh crore in February 2026, an 8.1 percent year-on-year increase. This outcome signals steady domestic demand, sustained compliance, and continued formalization of economic activity.

The figure matters not because it is unusually high, but because it is consistent. In a period where volatility would be the larger risk, GST collections show stability.

What the February 2026 data shows

Gross GST revenue stood at ₹1.83 lakh crore in February 2026. This represents an 8.1 percent increase compared to February 2025, according to official and industry-tracked data. After refunds, net GST revenue was approximately ₹1.61 lakh crore.

This increase did not rely on a single revenue stream. Collections were distributed across Central GST (CGST), State GST (SGST), and Integrated GST (IGST), indicating broad-based participation rather than concentration in one segment.

The composition matters. Balanced collections suggest that economic activity is spread across states, sectors, and transaction types, rather than being driven by a narrow source.

Domestic demand as the primary driver

The main contributor to February’s GST performance was domestic economic activity.

Manufacturing output, service-sector billing, and consumer transactions continued at a stable pace. These activities directly generate GST through invoicing, making collections a practical indicator of on-ground transactions rather than projected output.

Sequentially, collections increased from January 2026. This matters because it indicates continuity in demand rather than a short-lived rebound. Economies with stable consumption patterns tend to generate predictable tax revenues, which reduces fiscal uncertainty.

In simple terms, households and firms continued to spend and transact at similar or higher levels compared to the previous month.

Role of imports in GST collections

Import-related GST also contributed meaningfully in February.

Goods imported into India are subject to integrated GST at the point of entry. Higher collections from this source usually reflect two conditions: active trade flows and domestic absorption of imported inputs or finished goods.

Many imports feed into manufacturing, infrastructure, and service delivery. When import GST rises alongside domestic collections, it suggests that production cycles remain active rather than stalled.

This does not indicate import dependence. It indicates participation in global supply chains while maintaining domestic demand.

Net collections and refund processing

Net GST collections, after refunds, stood near ₹1.61 lakh crore.

This figure is important because it reflects the actual fiscal inflow available after legitimate refunds to exporters and businesses. A healthy net figure indicates that refunds are being processed without disrupting overall revenue strength.

Efficient refund processing improves liquidity for firms, particularly exporters, while preserving the credibility of the tax system. February’s data suggests that this balance remains intact.

The FY26 trend so far

From April 2025 to February 2026, cumulative gross GST collections crossed ₹20.27 lakh crore.

This cumulative figure reflects scale and persistence rather than episodic spikes. Month-on-month consistency indicates three structural trends:

First, tax compliance has widened, supported by digital invoicing and reporting systems.
Second, the formal sector continues to expand relative to informal activity.
Third, revenue volatility has reduced compared to the early years of GST implementation.

None of these trends depend on a single policy change. They reflect gradual institutional maturation.

What the data does and does not say

The February GST number shows that economic activity remains stable across manufacturing, services, consumption, and trade. It supports the view that the economy is operating without major demand-side disruptions.

However, the data does not, by itself, predict future growth rates or fiscal outcomes. GST collections measure transactions, not profitability or investment intent. They are a coincident indicator, not a forecast.

That distinction matters. Overinterpreting a single data point can mislead analysis.

Why this matters for economic assessment

For economists and analysts, February’s GST data provides confirmation rather than surprise.

Stable revenue growth supports predictable fiscal planning. It reduces pressure from revenue shortfalls and improves the reliability of monthly budget execution. For businesses, it signals a functioning transaction environment with manageable compliance processes.

Most importantly, the data reinforces a pattern rather than contradicting it. Economic assessment relies more on patterns than on isolated numbers.

February 2026 fits into that pattern.

PNN NATIONAL

New Delhi [India], March 02: India isn’t overheating. It isn’t stalling either. According to the RBI, the economy is right where it needs to be, steady, balanced, and holding its nerve.

What the RBI Really Means by “Goldilocks”

The term gets thrown around a lot. Sometimes lazily. Sometimes, to avoid saying anything specific. But when Sanjay Malhotra talks about a Goldilocks phase, he’s being precise.

The Reserve Bank of India sees an economy that’s growing without lighting inflation on fire. Demand is alive. Credit is flowing. Financial stress isn’t creeping in through the back door.

And that’s the point.

In a world where economies are either slamming the brakes or flooring the accelerator, India is cruising. Calmly. Almost stubbornly so.

India’s Goldilocks Economy and the Strength of Demand

The backbone of the India Goldilocks economy is demand that refuses to collapse. Consumption hasn’t vanished the moment borrowing costs rose. Investment hasn’t frozen because of global uncertainty.

Households are still spending. Carefully, yes. But spending nonetheless. Businesses are expanding capacity where it makes sense. Infrastructure projects keep rolling, not in bursts, but steadily.

This isn’t headline-grabbing growth. It’s the kind that sneaks up on you and then sticks around.

Credit growth reflects this reality. Lending isn’t concentrated in one overheated corner. It’s spread across housing, services, industry, and MSMEs. That spread matters. A lot.

When growth is broad, it’s harder to break.

Banks, Finally, Are Doing Their Job

I still remember when any RBI speech about growth was followed by a quiet pause. Then someone would say it. Banks. Bad loans. Stressed balance sheets. Those words haunted every forecast.

That phase, largely, is behind us.

Malhotra made it clear. Banks today are stronger, better capitalised, and far more disciplined. Asset quality has improved. Provisioning buffers exist for bad days, not just good PowerPoint slides.

Risk-taking hasn’t disappeared. It’s just smarter now. Less bravado. More math.

And honestly, that’s exactly what the India Goldilocks economy needs. Banks that lend without panicking. And without gambling.

Inflation Still Bites, But It’s Not Running Wild

Let’s not pretend inflation feels gentle. It doesn’t. Especially food prices. They spike. They fall. They spike again. Don’t ask me why onions always end up starring in macro debates, but here we are.

Still, the RBI’s assessment is measured. Inflation pressures exist, but they aren’t spiralling. Core inflation has moderated. Expectations remain anchored.

Malhotra didn’t dismiss the risks. Global commodity swings. Weather shocks. External volatility. All acknowledged.

But here’s the key line. Inflation is manageable.

That single word changes everything. Manageable inflation allows growth to continue. Unmanageable inflation kills it. India, for now, sits on the right side of that line.

Global Mess, Domestic Composure

Zoom out for a second. The global economy is jittery. Trade tensions simmer. Geopolitics refuse to calm down. Capital flows move at the speed of headlines.

And yet, India’s macro foundations hold.

Foreign exchange reserves act as a buffer. Fiscal consolidation continues, even if not at breakneck speed. External balances remain within comfort zones.

This doesn’t mean India is immune. No economy is. But shocks are being absorbed, not amplified.

That difference is the unsung hero of the India Goldilocks economy.

Why This Phase Could Last Longer

The RBI isn’t promising fireworks. No chest-thumping. No victory laps. What Malhotra is signaling is continuity.

Growth that’s strong enough to create jobs. Monetary conditions that are supportive without being reckless. Policy that responds to data, not noise.

In other words, discipline.

And discipline is boring. Until you realize how rare it’s become.

India isn’t chasing sugar highs. It’s building stamina. That’s why this Goldilocks phase might actually last longer than skeptics expect.

PNN NATIONAL

New Delhi [India], February 28: India and the European Union just delivered a solid dose of business certainty, they’re going to treat each other as Most Favoured Nation (MFN) for the next five years as part of the long-awaited free trade agreement. And yeah, this is actually a big deal for exporters, importers, and anyone who cares about reliable, non-political business news.

Let’s break down what this means, why it matters right now, and how it’s going to shape India’s role in global trade, all in plain terms, no jargon, no fluff.

What “Most Favoured Nation” Really Means

First off, the MFN status isn’t just buzzwords. It’s a straight-up trade commitment that says: if India or the EU gives better tariff treatment to another country, they must offer that same treatment to each other — for five years once the agreement’s in effect. That’s a stability promise, not a short-term gamble.

So, practically, if Brussels signs a sweetheart deal tomorrow with another trading partner and offers them lower import costs, India gets the same deal. And vice versa. That means no sudden tariff surprises, no last-minute curveballs, and that’s the kind of certainty business folks crave.

In trade lingo, MFN is a core principle of the World Trade Organization. It’s meant to avoid discrimination but locking it in bilaterally for five years is extra reassurance that both sides mean stable, predictable commerce.

Why It’s a Big Win for Business

Okay, this part deserves some hype — not hype as in irrational excitement, but “this actually matters” energy.

India and the EU represent a massive chunk of the global economy when you put them together — four billion people, trillions in combined GDP, and millions of businesses trading goods and services. And granting each other MFN status is like agreeing to play by the same set of rules for five solid years. That’s stability, and businesses like stability more than flashy headlines.

Exporters across textiles, leather, handicrafts, gems and jewellery, and chemicals will feel this. Why? Because duty predictability means they can plan production, negotiate contracts, and commit to markets with more confidence. No guesswork. No “will this change in six months?” anxiety.

Even services, businesses, IT consultancies, engineering firms, and finance providers get a clearer path to operate in the EU market, since they’ll be treated no worse than any other nation’s firms in tariff terms.

And let’s be honest, predictability beats volatility. Anyone who’s ever tried to plan a budget while tariffs flip-flop in global trade knows exactly what I mean.

What the Deal Includes: Beyond MFN

But the pact isn’t just about this five-year tariff commitment.

Both sides have agreed not to impose new import or export restrictions beyond existing WTO rules. That’s essentially a no-shock pact: you can’t spring something on me that’s outside agreed global standards.

There’s also talk in the draft about cutting red tape, aligning certification standards, and streamlining customs clearance — which could mean goods move faster across borders without unnecessary hold-ups.

On the digital trade front, India and the EU have agreed to cooperate on making online transactions smoother, safer, and more predictable — not just physical goods crossing borders but digital services, too.

So What Happens Next?

Here’s the realistic timeline: the deal has been draft-released, which means the framework is public, the commitments are laid out, and businesses can already start planning. But it still needs ratification in both regions, formal approval in India and EU member states, before it’s legally binding.

Once that’s done, the MFN treatment and other trade provisions will kick in. The hope is that the pact is operational by early 2027, giving businesses time to line up logistics, contracts, and market strategies based on this new certainty.

What Business Leaders Are Saying

There hasn’t been a coordinated press tour yet, but the vibes in the corridors of commerce are good.

Exporters see a clear avenue to bigger markets, importers see predictability in tariff costs, and global analysts see this as a sign that India is doubling down on open trade and cooperation rather than unpredictable tariff battles. That’s good news, given that many economies are oscillating between protectionism and strategic tariff moves.

The Bottom Line

This isn’t a half-baked memorandum. India and the EU agreeing to give each other Most Favoured Nation treatment for five years is a huge signal of business confidence.

It says: let’s keep commerce stable, let’s respect each other’s markets, let’s cut out surprises, and let businesses on both sides know what the rules will be for a good stretch of time.

That’s not just smart business. That’s the kind of deal that gets boardrooms talking confidently and CFOs scratching out worst-case scenarios from their spreadsheets.

And honestly, in a world where trade uncertainty feels almost normal, five years of MFN clarity feels like a breath of fresh air.

PNN NATIONAL

New Delhi [India], February 28: India’s latest economic punch came not with a whisper but with a headline: GDP growth clocked in at 7.8 percent for the December quarter (Q3 FY26), according to fresh data released under a revamped methodology. This figure doesn’t just look good on paper. It says that, bizarrely enough, even when the world’s economic engines are sputtering, India’s growth machine still hums, running on fuel that’s equal parts factory output, consumer demand, and good old economic resilience.

Let’s just get this straight: 7.8 percent is no joke. It’s a number that puts India firmly in the top tier among major global economies in terms of growth. And yeah, even though it’s a tad lower than the 8.4 percent growth posted in the previous quarter, in a world where advanced economies are limping around the 1.3 to 2.2 percent mark, this is not shabby at all.

But here’s the real twist: the growth rate comes from a completely overhauled GDP calculation framework. The Ministry of Statistics and Programme Implementation (MoSPI) switched the base year for GDP from 2011-12 to 2022-23, reworking the entire statistical scaffolding to better reflect how the Indian economy actually operates today. That means new data sources, updated price indices, and a broader economic base are pulling this report’s strings.

Why India’s GDP number matters right now

Okay, I’ll be real, a GDP number is a dry concept. But it matters because this one tells you something very specific: India is still growing, and it’s growing in a way that’s backed by real activity, not statistical smoke and mirrors. Factories aren’t just idling. Services aren’t just headlines. People are buying, selling, building, and consuming, and that shows up in the numbers.

Let’s break it down:

Right now, the economy is riding on three main engines:

• Manufacturing: This sector flexed double-digit muscle this quarter, which means factories are not just spinning wheels; they’re actually adding value.

• Services: Think trade, transport, and hospitality. People spending, people moving. This sector kept the momentum alive.

• Consumption: When households keep buying stuff, food, gadgets, travel — that feeds back into growth.

Yeah, there’s a slight slowdown from Q2’s blistering pace. But at 7.8 percent, India still beats most peers hands down. That’s the sort of stat that’ll make any analyst raise an eyebrow and say, “Hmm… tell me more.”

Now, before we get carried away, there is a small caveat. The nominal GDP estimate — basically GDP in current price terms — is down after the revision. That means the size of the pie isn’t as large as it was thought to be earlier. The revised GDP for FY26 is now estimated at around ₹345 lakh crore, potentially pushing back India’s $4 trillion nominal economy milestone by a bit.

So what does all this actually mean?

Let’s be blunt: numbers like these don’t come from fairy dust. They come from real economic activity — people at factories, services expanding, consumers spending. But the set-up matters too. India rejigged the way it measures the economy, and that’s not trivial. It means the data now aims to be more honest, more current, and more reflective of how business really happens in 2026, not 2011.

Here’s the deal:

When you change how you measure something, you risk being accused of cooking the books. But this change isn’t shallow. It incorporates new data streams, such as GST returns, updated consumption patterns, and refined price indices. That’s not spin. That’s progression in statistical science.

And yes, there’s talk about how the timing of this revision might affect perceptions — old comparisons get messy, but the core takeaway is that India’s growth remains robust, solidly ahead of most advanced economies, and underpinned by actual output and spending, not just guesswork.

If you love numbers like a Stark loves tech or Musk loves disruption, here’s the kicker: this growth comes despite global uncertainties and external pressures, including tariff shocks and currency market gyrations. That’s not just resilience, that’s swagger.

What’s next on the growth runway

Forecasts now pin FY26 growth at around 7.6 percent, slightly higher than earlier expectations. And for FY27, economists are looking at somewhere between 7 and 7.4 percent, indicating that the powerful engine of India’s economy isn’t cooling off anytime soon.

This isn’t a hype-driven rally flag. It’s a measured climb based on real structural strength manufacturing that’s actually producing, consumers who are spending, and a services sector that stays relevant in the global landscape.

So yeah, call it bullish if you want. Call it data-driven confidence. But when you see a GDP print like this, accurate, revised, and resilient, you’ve gotta give it its due. India’s economic story still has plenty of steam left.

PNN National

Abhishek Jain on behalf of Naapbooks team presented Power of Paradox by Daaji to Dr Mukesh Mahaling, Minister of Health and IT, Government of Odisha

Bhubaneswar (Odisha) [India], February 28:  Naapbooks Limited recently held a strategic meeting with Dr. Mukesh Mahaling, Hon’ble Cabinet Minister for Health & Family Welfare, Parliamentary Affairs, and Electronics & Information Technology, Government of Odisha, to discuss the potential implementation of a comprehensive e-Notary Project and broader digital transformation initiatives for the state.

The interaction focused on leveraging technology to modernise core governance functions and enhance the delivery of citizen services. A key area of discussion was the proposed e- Notary framework, aimed at transitioning traditional notarial processes into a secure, transparent, and fully digital ecosystem aligned with legal, regulatory, and administrative requirements.

The e-Notary solution proposed by Naapbooks is designed to support authenticated digital documentation, secure identity verification, tamper-proof records, and seamless integration with existing government platforms. These capabilities are intended to improve operational efficiency, reduce dependency on physical paperwork, and ensure legal validity while enhancing ease of access for citizens, professionals, and government departments.

Comment from Leadership:

“Following the submission of the Detailed Project Report (DPR) to the Ministry of Law, Government of India, and with the Gujarat e-Notary proposal nearing finalisation, we have begun engaging with other states that are keen to adopt the digitalisation of notarial processes. We believe this transition will bring a positive transformation to India’s legal ecosystem, benefiting all stakeholders, particularly notaries across the country.”

— Yaman Saluja, Director, Naapbooks Limited

Key Areas of Discussion Included:

• Establishment of a state-wide digital notary infrastructure
• Reduction of manual, paper-based processes across departments
• Secure digital execution, storage, and long-term archival of documents
• Strengthening transparency, audit trails, and regulatory compliance
• Integration with health, legal, and administrative workflows
• Scalable digital governance frameworks to support future e-Governance initiatives

During the meeting, Naapbooks shared practical insights from its ongoing e-Notary Project with the Government of Gujarat, which is currently at a finalisation stage of the proposal. The Gujarat implementation is focused on modernising the notarial ecosystem by significantly reducing turnaround time, improving accessibility for citizens, and creating a structured, searchable digital record system to support long-term governance efficiency.

The engagement with the Government of Odisha reflects Naapbooks’ continued efforts to collaborate with state governments in building robust digital public infrastructure. The discussions highlighted a shared vision of using technology to strengthen trust, improve

compliance, and enable secure, citizen-centric service delivery across legal and administrative domains.

Through initiatives such as e-Notary and other government digitalisation programs, Naapbooks Limited aims to play a meaningful role in India’s evolving digital governance landscape, supporting transparency, efficiency, and innovation in public service delivery.

About Naapbooks Limited

Naapbooks Limited is a publicly listed technology company specialising in digital transformation solutions for government bodies and enterprises. The company focuses on delivering secure, compliant, and citizen-centric platforms that enhance governance, transparency, and operational efficiency across multiple sectors.

Media Contact:

Surbhi Agarwal
Compliance Officer
Naapbooks Limited
Website: http://www.naapbooks.com

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Jayant Naik has been appointed as Public Relations Officer (PRO) for Parliamentary Affairs, Government of India, while Ranjeet Rana, Civil Engineer, has been appointed as Assistant Public Relations Officer (APRO).

New Delhi [India], February 24: In a significant development reflecting the emergence of technology-driven leadership in governance, Jayant Naik has been appointed as the Public Relations Officer (PRO) for Parliamentary Affairs, Government of India, effective 12 February 2026. His appointment represents a unique convergence of technical expertise, public service, and strategic communication aligned with national priorities.

Academic Excellence & Transition to Technology

Jayant Naik began his academic journey with remarkable distinction in engineering, securing top performance in Civil Engineering during his Diploma from Mumbai University. Demonstrating foresight and adaptability, he transitioned into the rapidly evolving field of technology.

He pursued and successfully completed his Bachelor of Engineering (B.E.) in Information Technology from Mumbai University in June 2021, equipping himself with strong technical expertise in software systems, digital infrastructure, and modern technological frameworks.

Early Career in Parliament – Software Engineering Role

Immediately after completing his engineering degree, Jayant Naik earned the opportunity to serve as a Software Engineer in the Parliament Library (PLB). In this role, he contributed to strengthening digital systems and supporting the technological backbone of parliamentary knowledge and research infrastructure.

This experience provided him with invaluable exposure to governance processes and parliamentary functioning at the national level.

Strategic Role as Personal Assistant to Member of Parliament

Further advancing his journey in public service, Jayant Naik joined as Personal Assistant (PA) to Hon’ble Member of Parliament Shri Dhairyasheel Mane (Kolhapur). In this position, he played a key role in administrative coordination, digital communication, and effective constituency management.

His ability to integrate technology with governance strengthened operational efficiency and public engagement.

Digital & PR Leadership in Lok Sabha Election Campaigns

Leveraging his expertise in IT and communication strategy, Jayant Naik provided IT and Public Relations (PR) support to multiple Members of Parliament from the Bharatiya Janata Party (BJP) during Lok Sabha election campaigns.

His strategic digital planning, communication execution, and campaign support contributed to effective outreach. Notably, all associated Members of Parliament secured victory with a strong margin, highlighting the impact of his contribution.

CSR Coordination at the National Level

Jayant Naik further served as CSR Coordinator for Hon’ble Member of Parliament Shri Pratap Chandra Sarangi, where he successfully managed and executed various corporate social responsibility initiatives.

His work focused on community welfare, grassroots development, and social impact, reinforcing his commitment to inclusive growth and national development.

Appointment as Public Relations Officer (PRO) for Parliamentary Affairs

Recognizing his multidisciplinary experience in technology, governance, and public communication, the Government of India has appointed Jayant Naik as the Public Relations Officer (PRO) for Parliamentary Affairs, effective 12 February 2026.

In his new role, he is expected to:

Strengthen communication between parliamentary institutions and the public

Enhance transparency and information dissemination

Build national and international relations in parliamentary affairs

Support strategic communication for governance initiatives

A Vision for National and Global Engagement

Jayant Naik’s journey from a software engineer to a national-level public relations leader reflects dedication, adaptability, and forward-thinking leadership. His diverse experience positions him to contribute effectively to India’s evolving governance landscape.

The Government has expressed strong confidence in his capabilities and expects him to further strengthen national outreach and international engagement frameworks for the welfare and development of the country.

Commitment to Nation-Building

Throughout his career, Jayant Naik has consistently demonstrated a deep commitment to public service, societal development, and nation-building. His appointment marks an important milestone in a journey dedicated to contributing towards India’s progress and global presence.

About Jayant Naik

Jayant Naik is a software engineer, technology professional, and public service strategist with expertise in IT systems, public relations, governance support, and CSR execution. His experience across parliamentary operations and national-level initiatives reflects a strong foundation in both technology and public administration.

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