Shipbuilding
India has unveiled a ₹69,725 crore shipbuilding and maritime reform initiative aimed at revitalizing its shipbuilding sector. Key components include the Shipbuilding Financial Assistance Scheme, Maritime Development Fund, and Shipbuilding Development Scheme, all designed to enhance domestic manufacturing, create jobs, and strengthen the maritime economy. The initiative also emphasizes
Google Data Centre
The Union Minister of State for Communications, Dr Pemmasani Chandrasekhar, announced that Google's upcoming 1-GW hyperscale data centre in Visakhapatnam is projected to generate ₹10,000 crore in revenue for Andhra Pradesh. The $15 billion investment over five years will create 5,000-6,000 direct jobs and 20,
AI Mission
India is investing over ₹10,300 crore in the IndiaAI Mission, deploying 38,000 GPUs to enhance its AI ecosystem. The tech sector is projected to exceed $280 billion in revenue, with AI expected to contribute $1.7 trillion to the economy by 2035. The mission aims to make AI
India
Union Minister Shri Nitin Gadkari announced India's goal of achieving a $5 trillion economy by 2027, emphasizing the importance of ethics, economy, and ecology in national development. He highlighted India's rise to the third-largest automobile market globally, advancements in alternative fuels, and ongoing infrastructure projects aimed
Coal Blocks
The Ministry of Coal has issued Vesting Orders for five coal blocks under commercial coal auctions, expected to generate ₹360 crore in annual revenue and create 4,664 jobs. This brings the total to 125 coal blocks vested, with a cumulative capacity of 265.844 MTPA and projected revenue of
India-Brazil Relations
The 7th meeting of the India-Brazil Trade Monitoring Mechanism was held in New Delhi, focusing on enhancing bilateral trade, which aims to reach USD 20 billion in five years. The meeting, co-chaired by Indian Commerce Secretary Rajesh Agrawal and Brazilian Secretary Tatiana Lacerda Prazeres, discussed various trade-related issues, including market
Kautilya Economic Conclave
The Fourth Kautilya Economic Conclave (KEC 2025) successfully concluded in New Delhi, focusing on 'Seeking Prosperity in Turbulent Times'. The three-day event brought together policymakers, economists, and industry leaders to discuss resilient and inclusive growth amid global uncertainties. Key topics included macroeconomic resilience, digital infrastructure, trade challenges, sustainable
MSME
The Ministry of Micro, Small and Medium Enterprises inaugurated a two-week residential Induction Training Programme for new recruits of the Indian Enterprise Development Service (IEDS) at IIT Roorkee Greater Noida Extension Centre. The programme aims to equip 65 officers with essential knowledge and skills to strengthen India's MSME
Rajnath Singh
During an event in Hyderabad, Raksha Mantri Shri Rajnath Singh emphasized India's commitment to national security and its growing defense capabilities. He noted significant increases in defense exports, projecting them to reach ₹50,000 crore by 2029. Singh also highlighted India's journey towards becoming a manufacturing
GST Rate Cut
The recent GST rate cut in Uttar Pradesh has significantly reduced prices for various artisanal and industrial products, including carpets, brassware, leather goods, and ceramics. This reduction is expected to boost exports, sustain millions of artisan jobs, and enhance the competitiveness of MSMEs. The reforms aim to improve affordability for
India-EFTA
The India-EFTA Trade and Economic Partnership Agreement (TEPA) was officially launched at the Prosperity Summit in New Delhi, aiming for a $100 billion investment over 15 years and the creation of one million direct jobs in India. Union Minister Piyush Goyal emphasized the agreement's significance as a pioneering
NH-715
The Cabinet Committee on Economic Affairs has approved the widening and improvement of the Kalibor-Numaligarh section of NH-715 to a 4-lane highway, including wildlife-friendly measures for the Kaziranga National Park stretch. The project spans 85.675 km with a total cost of Rs. 6957 crore, aiming to enhance connectivity, safety,