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Goa News |Economy

Wednesday 26 August 2026

News Analysed, Opinions Expressed

Economy

Lenders may sell Goa's Kingfisher villa

Lenders to debt-ridden Kingfisher Airlines today hinted at selling the carrier's two properties in Mumbai and Goa worth Rs. 120 crore to recover a part of the loan worth over Rs. 7,500 crore. READ

Rains to boost paddy production

Goa’s Agriculture Department is predicting good paddy production this season as the state has been receiving the continuous rainfall required for its cultivation. READ

Mines dept to begin with auction of illegal rejects

The Goa Mines and Geology Department has suggested confiscation and auction all the iron ore that is illegally stacked on various private lands across the state. READ

Chargesheet against ex-mines Dir this week

Three months after suspending the State Mines and Geology Director Arvind Lolienkar for alleged illegalities and irregularities in the department, the Goa government will file a chargesheet against him under the Anti-Corruption Act, this week. READ

Parrikar attacks RBI for not controlling fake notes

Goa Chief Minister Manohar Parrikar has said the Centre has failed to take effective steps to curb circulation of fake currency notes in the Indian market with the initiatives being spoilt by neighbouring Pakistan. READ

Retrieve black money to get economy on track: Kanoria

The Federation of Indian Chambers of Commerce and Industry (FICCI) has observed that retrieving black money from abroad could be one of the solutions to bring economy back on track. READ

CM targets 6 M tourists, tourism beyond pubs

Goa Chief Minister Manohar Parrikar on Saturday said the state wants to increase its tourism inflow from existing 2.6 to 6 million in the next five years by projecting it as a destination which has ... READ

Single window to investors by August: CM

The Goa government today encouraged potential investors in the green industry to set up their shop in the state by offering them single window system and transparency for their money invested here. READ

Goa economy to pick up by mid-July: CM

Goa's economic growth will pick up momentum from mid-July as the State Government has cleared all debts accumulated during the erstwhile Congress-led administration, Chief Minister Manohar Parrikar has said. READ

Bounce back of Rupee uncertain: Aisha

It is difficult to say if the Indian rupee will bounce back, as its fall is a result of global emerging market instability, Morgan Stanley's Managing Director (Investment Banking) Aisha de Sequeira said here today. ... READ