The ‘China’ factor: Govt tweaks FDI norms for countries sharing land border with India to unlock global funds for startups, deeptechs
The Union Cabinet chaired by Prime Minister Narendra Modi has approved changes to the Foreign Direct Investment (FDI) policy governing investments from countries that share a land border with India, including China. The amendments seek to provide greater clarity under the framework introduced through Press Note 3 (2020) and introduce a clearer approval timeline for […]
Indigenous ADC-150 logistics delivery system set for induction into Indian Navy after successful P-8I in-flight release trials
In a major step toward enhancing India’s maritime logistics capabilities, the Defence Research and Development Organisation (DRDO) and the Indian Navy have successfully completed a series of in-flight release trials for the indigenous Air Droppable Container, ‘ADC-150’. The trials were conducted off the coast of Goa between 21 February and 1 March. Utilising a P8I […]
Historic bascule bridge at Kolkata Port to be renovated as govt clears ₹117.54 crore modernisation project
The Ministry of Ports, Shipping and Waterways has approved the renovation of the historic Bascule Bridge at Syama Prasad Mookerjee Port in Kolkata at a cost of ₹117.54 crore, with the aim of improving safety and operational efficiency at the Kolkata Dock System. The approval for the project was granted by Union Minister for Ports, […]
Noida Airport to get greenfield link to Delhi-Mumbai Expressway as CCEA clears revised total capital cost of ₹3,630 crore for the project
The Cabinet Committee on Economic Affairs has approved a revised total capital cost of ₹3,630.77 crore for the construction of a greenfield connectivity corridor linking the Delhi-Faridabad-Ballabhgarh-Sohna spur of the Delhi-Mumbai Expressway with Noida International Airport at Jewar in Uttar Pradesh. The project will be implemented under the Hybrid Annuity Mode across Uttar Pradesh and […]
India unveils ‘Defence Forces Vision 2047’ plan to transform armed forces into future-ready integrated military
Defence Minister Rajnath Singh on Tuesday, 10 March, released a strategic vision document titled “Defence Forces Vision 2047: A Roadmap for a Future-Ready Indian Military” at South Block in New Delhi. Chief of Defence Staff General Anil Chauhan, Chief of the Naval Staff Admiral Dinesh K Tripathi, Chief of the Air Staff Air Chief Marshal […]
Delhi-Mumbai Expressway connectivity to Ujjain set for upgrade as Modi Cabinet clears ₹3,839 crore 4-lane highway corridor in MP
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved the construction of a four-lane corridor on the Badnawar-Petlawad-Thandla-Timarwani section of National Highway-752D in Madhya Pradesh at a cost of ₹3,839.42 crore. The project will cover a length of 80.45 Km and will provide connectivity between Ujjain and the Timrawani […]
Two rail multi-tracking projects worth ₹4,474 crore approved for West Bengal and Jharkhand
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved two railway multi-tracking projects covering parts of West Bengal and Jharkhand with a total estimated cost of ₹4,474 crore. The projects include the construction of the Sainthia-Pakur fourth line and the Santragachi-Kharagpur fourth line, aimed at expanding railway capacity and […]
Union Cabinet approves Madurai Airport’s upgrade to international status to promote tourism and economic growth
The Union Cabinet chaired by Prime Minister Narendra Modi on Tuesday, 10 March, approved the declaration of Madurai Airport in Tamil Nadu as an international airport, a move aimed at strengthening regional connectivity and supporting tourism, trade, and economic activity in the southern part of the state. Madurai Airport, located in the historic temple city […]
PM Surya Ghar scheme sees 63.26 lakh applications and 25.02 lakh rooftop solar installations so far
The Centre has received more than 63 lakh applications under the PM Surya Ghar: Muft Bijli Yojana, while over 25 lakh rooftop solar systems have already been installed, the Parliament was informed. According to a written reply in the Rajya Sabha by the Union Minister of New and Renewable Energy Shripad Naik, a total of […]
PM Modi to flag off new trains and railway projects in Kerala and Tamil Nadu on 11 March
Prime Minister Narendra Modi will launch a series of railway infrastructure and connectivity initiatives during his visit to Kerala and Tamil Nadu on 11 March as part of development programmes being rolled out across both states. In Kerala, the Prime Minister will inaugurate three redeveloped railway stations under the Amrit Bharat Station Scheme – Shoranur […]