The minister also confirmed that the state-owned Shipping Corp. of India is working with oil PSUs to aggregate demand for 112 vessels and form a joint venture for long-term fleet augmentation, an initiative that could save India up to $75 billion in foreign exchange annually paid to foreign shipping lines. In a major boost to...
Category: ECONOMY & POLICY
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Khattar to Represent India at G20 Energy Meet in South Africa, Showcasing Renewable Milestone and Inclusive Growth Agenda
He will also share India’s experience in expanding energy access and affordability—particularly across rural and underserved regions—and spotlight the challenges faced by developing nations in navigating climate and energy transitions amid resource and capacity constraints. Union Minister for Power, Manohar Lal Khattar, will represent India at the G20 Energy Transitions Ministerial Meeting (ETMM) in KwaZulu-Natal,...
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Cabinet Clears ₹24.63-Billion Rail Multitracking Push Across Four States, Adding 894 km to National Network
The multitracking initiative will directly benefit around 3,633 villages, home to over 8.58 million people. In a major infrastructure boost, the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved four multitracking projects worth ₹246.34 billion to be executed by the Ministry of Railways. The projects span 894 km across...
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Avantel Unveils ₹560-Million Hyderabad Facility to Boost Indigenous Aerospace and Defence Technologies
The facility is expected to create over 300 direct jobs and more than 1,000 indirect employment opportunities, delivering a significant boost to Telangana’s high-tech manufacturing ecosystem. Avantel Ltd, a leading player in satellite communications and defence electronics, has inaugurated its second facility in Hyderabad to expand its footprint in indigenous aerospace and defence innovation. The...
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Flytta Launches India’s First Retrofitted Electric Truck for Industrial Logistics
Flytta has commenced operations with its first fleet of retrofitted electric trucks and plans to deploy nearly 200 more in the coming months. Sustainable logistics and cargo solutions company Flytta has unveiled India’s first retrofitted electric truck in the medium and heavy-duty segment, purpose-built for cement bag transportation across hill roads and industrial corridors. The...
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INOX Air Products Invests ₹5 Billion in Dholera to Build India’s First Electronic Speciality Gas Hub
Speciality gases are critical to semiconductor fabrication, with ultra-high purity essential to wafer integrity, device performance and fabrication yield. INOX Air Products (INOXAP), India’s leading producer of industrial and electronic gases, has announced a strategic investment of ₹5 billion to support the country’s fast-growing semiconductor and outsourced semiconductor assembly and test (OSAT) sectors. The company...
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MoSPI Hosts Brainstorming Workshop to Develop Framework for Measuring India’s Knowledge Economy
The ministry announced plans to compile a Knowledge Economy Satellite Account (KESA) for India, aimed at measuring and valuing the contribution of knowledge-based activities to the national econom The Ministry of Statistics and Programme Implementation (MoSPI) recently convened a high-level brainstorming workshop in New Delhi to advance the development of a national framework for measuring...
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IndiGo to Resume China Flights from October 26 as India-China Air Services Restart
A carefully worded statement from the Ministry on Wednesday said the decision followed technical-level discussions between the civil aviation authorities of India and China on resuming direct air connectivity and revising the air services agreement. Within hours of India’s Ministry of External Affairs announcing the resumption of direct flights between India and China from later...
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From Muddy Tracks to Expressways: Bihar’s Quiet Road Revolution
Bihar’s successful execution of road development proves that with commitment and integrity, even decades of backwardness can be returned to the highway of progress, writes Nitin Nabin, Minister for Road Construction, Government of Bihar. Through the 1990s and early 2000s, Bihar was synonymous with broken, pothole-ridden roads. Locals often quipped: “In Bihar, you find the...
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Indian Railways Launches Assured Transit Container Service from Delhi to Kolkata
The inaugural service will operate twice weekly from the Inland Container Depot at Tughlakabad in Delhi to the Container Terminal at Shalimar in Kolkata, routing via CONCOR’s hubs at Agra and Kanpur. Indian Railways has launched its first assured transit time container train service on a pilot basis between Delhi and Kolkata, marking a significant...