Friday, the first hydrogen fuel cell train in India departed from Jind, Haryana, under the flag of Prime Minister Narendra Modi, marking the beginning of a more environmentally friendly age in India’s rail network. The 90-kilometer route between Jind and Sonipat can be covered in about two hours by the 10-coach hydrogen-powered train, which is […]
Jean-Brice Dumont will become MBDA’s new Chief Executive Officer, from 1 November 2026, succeeding Eric Béranger who has led the Group since 2019. A handover process will start in October to ensure a seamless transition. Jean-Brice Dumont comes with extensive international experience in the aerospace and defence industry, having served successively over the last 14 […]
Production in India’s electronics manufacturing industry has increased by a factor of about seven in the last decade, with employment reaching nearly 25 lakh, as reported by the Ministry of Electronics and Information Technology (MeitY). This growth is evidence that the government’s Make in India program and other measures have been successful in their goal […]
The Indian government’s Ministry of Heavy Industries (MHI) has put out a call for international proposals in an effort to choose a company to build a 10 GWh Advanced Chemistry Cell (ACC) battery factory. Aiming to establish an independent battery manufacturing ecosystem, the Production Linked Incentive (PLI) Scheme for ACC Battery Storage includes the increased […]
Under Prime Minister Narendra Modi’s leadership, the Cabinet Committee on Economic Affairs (CCEA) has given its approval for a 43.218-km elevated corridor with six or four lanes running alongside the Varuna River in Varanasi, Uttar Pradesh, with a total capital cost of ₹10,998.32 crore. A vital component of the Varanasi Decongestion Plan, this project will […]
Prime Minister Narendra Modi’s Cabinet Committee on Economic Affairs (CCEA) has given its approval to the National Investment Policy for Urea-2026 (NIPU-2026), which opens the door for new investments in urea producing units that use gas. The policy’s goals are to speed up the fertiliser sector’s Atmanirbhar Bharat mission, make India less reliant on imports, […]
Diesel and aviation turbine fuel (ATF) are now subject to a higher windfall tax from the central government, whereas petrol exports are subject to a lower duty, as a result of changes to the Special Additional Excise Duty (SAED) on petroleum exports. There was a notice from the Ministry of Finance that the new rates […]
According to a government official, the government is keeping a close eye on events unfolding in the West Asia region. They also confirmed that they will take all practical steps to assist local exporters in continuing commerce to the best of their ability. The official stated that an Inter-Ministerial Group (IMG) that was established to […]
The state parliament was informed on Tuesday that the total debt of Assam has climbed to Rs 1.62 lakh crore, a 4.5-fold increase, in the last decade since the BJP took office. “As of March 31, 2016, Assam had an outstanding debt of Rs 35,690 crore,” wrote Finance Minister Jayanta Malla Baruah in response to […]
A group of senators from both parties in the United States have introduced a plan that would target five nations—including China and India—with tariffs of one hundred percent on oil imported from Russia. Exempting fifteen European nations that import gas from Russia from the tariffs, the bill, which was mediated by the late Republican Senator […]
