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Goa News |Economy

Wednesday 12 August 2026

News Analysed, Opinions Expressed

Economy

Tourist inflow on rise, but industry downhearted

Goa has created a new record with around 1.2 million tourists visiting the tourist state in one year. But neither the government nor the hoteliers are happy about it.Naming it as a "low budget and ... READ

Goa plans interim budget with taxation measures

Perhaps it's for the first time the tourist state of Goa is presenting an interim budget with taxation measures, without waiting for the central sanction.The state budgets are gone haywire everywhere with central government still ... READ

Sops to industries in Kashmir valley

The Jammu and Kashmir government expects industrialists to respond to their attractive package for industrial development of the region, while it has also provided incentives to the locals to promote its tourism industry.Dr Farooq Abdullah, ... READ

Goa celebrates silver jubilee Carnival

Goa would celebrate 25 years of its famous Carnival festival, which the state government had started in a commercial and professional manner, discarding the traditional carnival held in villages.The four-day festival would begin from 21 ... READ

Coastal politician fished by IT men

Goa may not have scored well in VDIS collections. But perhaps it is the first state to clamp down upon the tax evaders, beginning with a politician-turned-real estate agent of the famous coastal village of ... READ

Goa lotteries to go online

INTERNET would be now used for "legal gambling", the on-line lotteries, if Goa succeeds in its hi-tech plans.On the other hand, the local Congress government has also planned series of court petitions against any state, ... READ

VDIS suffers, but Goa excels in IT collections

VDIS fared badly in Goa, not because the local income tax department took no efforts but mainly because it otherwise fares well over national average in terms of routine tax collections.The biggest advantage Goans are ... READ

South East Asia recession hits Goa tourism

Recession in South East Asia has badly hit the tourism industry in Goa, the favourite international tourist destination, though the local authorities still deny the fact merely based on statistical figures."The business is down by ... READ

Coke seeking out new bottlers for Goa market

With Coca-Cola losing its Goa franchise bottlers to Pepsi, the former is now negotiating with small local bottlers in Goa to produce and market its famous Bisleri soda while a unit in Mangalore, southwest Karnataka, ... READ

Suman Motels plans a resort in Goa

Members of Suman Motels, a firm having biggest chain of small resorts all over the country, would shortly have a privilege of spending a holiday in Goa and Sindhudurg in the company resorts, equipped even ... READ