India’s PLI push strengthens 14 strategic sectors with ₹2.16 lakh crore investment and ₹20.41 lakh crore sales
Under the PLI Push, the Production Linked Incentive (PLI) Scheme, with an incentive outlay of ₹1.91 lakh crore, has recorded 836 approved applications across 14 strategic sectors, reflecting broad-based industry participation, according to a statement by the Ministry of Commerce & Industry on Friday (20 February). As per the official data, cumulative investment under the […]
India to begin domestic production of permanent magnets under Rs 7,280 crore PLI scheme
India will begin domestic production of permanent magnets by the end of this year under a Production-Linked Incentive (PLI) scheme worth Rs 7,280 crore, Union Minister of Coal and Mines G Kishan Reddy Sir announced on Thursday, 19 February. Speaking at the second edition of ‘Indian Critical Minerals Landscape: Foundation for a Sustainable Future – […]
RVNL secures Rs 1,201 crore contract for new rail-cum-road bridge over Ganga river in Varanasi
Rail Vikas Nigam Limited (RVNL) has received a Letter of Acceptance (LOA) from Northern Railway for the design and construction of a new rail-cum-road bridge over the River Ganga in Varanasi, Uttar Pradesh. The information was provided by the company in a regulatory filing to the exchanges on Wednesday, 18 February. The project involves the […]
Nearly 94 Km of 100.6 Km Muzaffarpur-Sagauli rail line doubling project in Bihar completed
The Ministry of Railways has announced that 93.71 Km of the 100.6 Km Muzaffarpur-Sagauli rail line doubling project has been completed, marking significant progress on the key infrastructure upgrade in Bihar. In a statement posted on X, the Ministry said the doubling project is aimed at improving train punctuality and ensuring smoother travel for daily […]
India’s maiden human spaceflight mission crosses major milestone with successful Drogue Parachute test
India’s maiden human spaceflight mission Gaganyaan achieved another significant milestone with the successful qualification level load test of the Drogue Parachute, conducted by the Defence Research and Development Organisation (DRDO). In a statement on Thursday, 19 February, the Ministry of Defence stated that the test was carried out at the Rail Track Rocket Sled facility […]
Centre sanctions ₹1,463.95 crore for six-lane greenfield road corridor linking NH-205A Ambala-Chandigarh section with Zirakpur Bypass
Centre sanctions ₹1,463.95 crore for six-lane greenfield road corridor linking NH-205A Ambala-Chandigarh section with Zirakpur Bypass as the Centre has approved ₹1,463.95 crore for the construction of a six-lane, access-controlled greenfield spur in Punjab, Union Minister for Road Transport and Highways Nitin Gadkari said on Thursday, 19 February. The proposed spur will link the Ambala-Chandigarh […]
Delhi’s air quality improves for three consecutive days, GRAP Stage-II curbs lifted across NCR
Delhi’s air quality improves for three consecutive days, GRAP Stage-II curbs lifted across NCR as Delhi’s air quality has shown sustained improvement for three consecutive days, prompting the Commission for Air Quality Management (CAQM) to revoke Stage-II restrictions under the Graded Response Action Plan (GRAP) across the entire National Capital Region (NCR) with immediate effect. […]
Global shipping major CMA CGM signs contract with Cochin Shipyard for six 1,700 TEU LNG-powered vessels
Global shipping major CMA CGM signs contract with Cochin Shipyard for six 1,700 TEU LNG-powered vessels as India’s maritime sector reforms have translated into a major commercial shipbuilding breakthrough, with global shipping major CMA CGM signing a contract with Cochin Shipyard Limited (CSL) to construct six LNG-fuelled container vessels. The agreement, announced on 18 February […]
First DLI-approved startup Vervesemi secures $10 million to accelerate indigenous chip production
DLI-approved startup Vervesemi secures $10 million to accelerate indigenous chip production as DLI Scheme-backed semiconductor startup Vervesemi Microelectronics has raised $10 million (about ₹90 crore) in a Series A funding round, marking a significant milestone for India’s design-led semiconductor ecosystem. The funding round was led by investor Ashish Kacholia and Unicorn India Ventures, with participation […]
L&T partners US chipmaking giant NVIDIA to build India’s largest gigawatt-scale AI factory
Construction and engineering major Larsen & Toubro (L&T) has announced a proposed venture with US chipmaking giant NVIDIA to build sovereign, scalable gigawatt-scale AI factory infrastructure aimed at reinforcing India’s position as a global AI powerhouse. The announcement was made at the India AI Summit on 18 February 2026, with the initiative aligned to the […]