Home » ECONOMY & POLICY » Page 11

Category: ECONOMY & POLICY

Post
Air India Group Adopts SITA’s Flight Optimisation Tools to Cut Emissions, Improve Fuel Efficiency

Air India Group Adopts SITA’s Flight Optimisation Tools to Cut Emissions, Improve Fuel Efficiency

As part of its wider operational overhaul, Air India has introduced new flight optimisation tools expected to save 11,100 tonnes of fuel annually and cut carbon emissions by 35,000 tonnes, marking a decisive step in its push for cleaner, more efficient aviation. The Air India group has deployed two advanced flight optimisation tools—SITA OptiFlight’s climb...

Post
L&T Secures Track Works Contract for Mumbai-Ahmedabad Bullet Train in Maharashtra

L&T Secures Track Works Contract for Mumbai-Ahmedabad Bullet Train in Maharashtra

With this award, all three track construction packages for the Mumbai-Ahmedabad bullet train corridor have now been secured by Indian companies, marking a major boost to domestic expertise in high-speed rail infrastructure. The National High Speed Rail Corporation Ltd (NHSRCL) has signed a contract with Larsen & Toubro Ltd for the design, supply, construction, testing,...

Post
India Sets 2028 Target for Swadeshi Solar Cells, Eyes Full Domestic Value Chain: Pralhad Joshi

India Sets 2028 Target for Swadeshi Solar Cells, Eyes Full Domestic Value Chain: Pralhad Joshi

The New and Renewable Energy Minister confirmed that, following requests from chief ministers for additional allocations under the PM-KUSUM scheme, its second phase will be launched after the current phase concludes in March 2026. India is advancing towards a fully indigenous solar manufacturing ecosystem, with a target to produce Swadeshi solar cells by 2028, Union...

Post
GST 2.0 to Unlock Liquidity and Lower Capital Costs for Renewables: Oyster Energy MD

GST 2.0 to Unlock Liquidity and Lower Capital Costs for Renewables: Oyster Energy MD

Recent GST cuts are set to unlock liquidity and lower capital costs for renewable energy developers, says Siddharth Bhatia, Managing Director of Mumbai-based independent power producer Oyster Renewable Energy, in conversation with INFRASTRUCTURE TODAY’s Manish Pant. He argues that these reforms—if aligned with Make in India priorities—could accelerate project execution and attract foreign capital. Bhatia...

Post
Thales Appoints Ankur Kanaglekar to Lead India Operations, Reinforcing Defence Localisation and Innovation

Thales Appoints Ankur Kanaglekar to Lead India Operations, Reinforcing Defence Localisation and Innovation

Kanaglekar will focus on scaling industrial partnerships, strengthening local engineering capabilities, and delivering advanced solutions across defence, aerospace, and digital domains. French multinational Thales, a global leader in aerospace, defence, and digital security, has appointed Ankur Kanaglekar as Vice-President for India, effective September 10. With over 25 years of experience spanning aerospace, defence, and strategic...

Post
Cabinet Clears ₹76.16 Billion Road and Rail Projects to Boost Eastern India’s Connectivity

Cabinet Clears ₹76.16 Billion Road and Rail Projects to Boost Eastern India’s Connectivity

This includes doubling the Bhagalpur-Dumka-Rampurhat rail line and cutting travel time on the Mokama-Munger highway to just 90 minutes. The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved two major infrastructure projects in eastern India—one road and one rail—under the PM-Gati Shakti National Master Plan. Together, the projects are...

Post
India’s Construction Equipment Bestsellers

India’s Construction Equipment Bestsellers

Lifetime honours for Anand Sundaresan, Ammann India and Person of the Year for Vivekanand Vanmeeganathan, Caterpillar among industry bestsellers Anand Sundaresan, Director, Ammann India, received the Equipment India Lifetime Achievement Award 2025, as the hall rose and gave him a standing ovation. For an industry that has seen him steer organisations, inspire teams, and raise...

Post
GST on Drones Slashed to 5% in Major Tax Reform, Boosting India’s UAV Sector

GST on Drones Slashed to 5% in Major Tax Reform, Boosting India’s UAV Sector

Uniform taxation rate to reduce prices and spur drone adoption across agriculture, defence, and infrastructure. In a landmark move to support emerging technologies and industrial growth, the GST Council has approved a uniform 5 per cent goods and services tax (GST) on all categories of drones. The reform, announced at the 56th GST Council Meeting,...

Post

Vikram Solar Posts Record Q1 FY26 Performance; Plans 4x Capacity Scale-Up

The company now sets its sights on a fourfold capacity expansion, marking the next phase of its transformational growth journey. Vikram Solar Ltd, one of India’s leading photovoltaic module makers, has reported its strongest-ever quarterly performance for the first quarter of FY2026, with significant growth across revenue, profitability, and margins. The unaudited results for the...

Post
ISRO, IN-SPACe & HAL Ink SSLV Pact in India’s 100th Space Tech Transfer

ISRO, IN-SPACe & HAL Ink SSLV Pact in India’s 100th Space Tech Transfer

Upon completion of the technology transfer in two years, HAL will begin building the Small Satellite Launch Vehicle, positioning the country to deliver reliable and affordable launch services for small satellites worldwide. In a landmark move to deepen industry participation in India’s space sector, the Indian Space Research Organization (ISRO), NewSpace India Ltd (NSIL), and...