India’s core sector growth slows to 2.3 per cent in February 2026 as oil and gas output declines
India’s core sector growth moderated to 2.3 per cent in February 2026 on a year-on-year basis, according to data released by the Ministry of Commerce and Industry. The slowdown comes after a 4.7 per cent growth recorded in January, indicating some loss of momentum in industrial activity. The Index of Eight Core Industries (ICI), which […]
Pune Metro Line 3 nears finish line as PMRDA targets May 2026 rollout of first phase stations
The Maan-Hinjawadi to Shivajinagar Metro Line 3 project in Pune has entered its final stage, with the Pune Metropolitan Region Development Authority (PMRDA) setting a target to open the 12 metro stations in the first phase for passengers by May 2026. According to PMRDA, the 23.2 Km metro corridor has seen significant progress, with 94.20 […]
India eyes self-reliance in rare earth magnets, floats bids for 6,000 MTPA REPM manufacturing facilities under ₹7,280 crore scheme
The Ministry of Heavy Industries has invited global bids for setting up integrated Sintered Rare Earth Permanent Magnet manufacturing facilities in India, marking a key step in strengthening the country’s advanced manufacturing ecosystem. In a statement on Friday, 20 March, the ministry has issued a Request for Proposal (RFP) for selecting beneficiaries to establish Sintered […]
India records highest-ever 200 mineral block auctions in FY 2025-26; 22 critical mineral blocks included
India’s mineral sector achieved a milestone in the financial year 2025-26 with the auction of 200 mineral blocks, the highest ever in a single year. In a statement on Thursday, 19 March, the Ministry of Mines stated that the achievement reflects the strong cooperative efforts between the Union and State Governments and highlights the growing […]
Rajnath Singh calls for mission mode push to make India global drone manufacturing hub
India must work in a mission mode to emerge as a global hub of indigenous drone manufacturing in the next few years, Defence Minister Rajnath Singh said on Thursday, 19 March, while addressing the National Defence Industries Conclave 2026 in New Delhi. He stressed that building a domestic drone production ecosystem is essential to ensure […]
₹14,000 crore Goregaon-Mulund Link Road project: BMC awards ₹1,662.27 crore GMLR Phase IV contract to HCC JV
Mumbai’s ambitious Goregaon-Mulund Link Road (GMLR) project is progressing steadily, with the Brihanmumbai Municipal Corporation (BMC) awarding the major Phase IV construction contract worth approximately ₹1,662.27 crore. In a regulatory filing on Thursday, 19 March, Hindustan Construction Company Limited (HCC) said that its joint venture has secured a significant infrastructure contract worth approximately ₹1,662.27 crore […]
125 Km Rishikesh-Karnaprayag rail project in Uttarakhand: 99 Km mainline, 94 Km escape tunnels done, 8 out of 19 key bridges complete
The ambitious 125 Km Rishikesh-Karnaprayag rail line project in Uttarakhand has achieved a major construction milestone, with significant progress recorded in both mainline and escape tunnels, which form the backbone of this Himalayan railway corridor. According to the information provided by the government in the Lok Sabha, the project involves construction of 16 mainline tunnels […]
India builds 7,211 Km National Highways till February against 10,000 Km FY26 target
India has constructed 7,211 Km of National Highways till February 2026 in the current financial year, according to data shared by the government in the Rajya Sabha. In a written reply to a question in the Rajya Sabah, Minister of Road Transport and Highways Nitin Gadkari stated that a total construction target of around 10,000 […]
₹6969 crore NH-927 project linking Barabanki to Bahraich in UP approved for access-controlled 4-lane highway upgrade
In a significant infrastructure push in northern India, the Cabinet Committee on Economic Affairs on Wednesday, 18 March, approved a ₹6969.04 crore highway project in Uttar Pradesh, aimed at upgrading a critical corridor between Barabanki and Bahraich. The decision, taken under the chairmanship of Prime Minister Narendra Modi, clears the development of a 101.515 Km, […]
Keel laid for two next-generation Offshore Patrol Vessels to strengthen Indian Coast Guard capabilities
The Ministry of Defence on Wednesday, 18 March, announced the keel laying of two next generation Offshore Patrol Vessels (OPVs) for the Indian Coast Guard, marking progress in India’s maritime capability expansion. The keel laying ceremony for Yard 16402 and Yard 16403 – the second and third vessels in a series of six OPVs – […]