With ₹1,000 crore ISM 2.0 push, India lays groundwork to join world’s top semiconductor nations by 2035
India has unveiled the next phase of its semiconductor strategy with the announcement of India Semiconductor Mission (ISM) 2.0 in the Union Budget 2026-27, signalling a stronger policy push to build domestic chip capabilities and reduce external dependence. A provision of ₹1,000 crore has been allocated for FY 2026-27, with emphasis on producing semiconductor equipment […]
India commissions 124 Gati Shakti Cargo Terminals with 198 million tonne capacity to strengthen rail freight network
India has commissioned 124 Gati Shakti Cargo Terminals (GCTs) with a combined estimated traffic capacity of 198 million tonnes per annum, marking a significant step in strengthening freight logistics and regional connectivity across the national rail network. The update was provided in a written reply to the Rajya Sabha by Railway Minister Ashwini Vaishnaw, who […]
India’s electricity consumption rises about 12.4 per cent in last three financial years: Govt
India’s electricity consumption has increased by about 12.4 per cent during the last three financial years, from 2022-23 to 2024-25, according to information provided by the government in a written reply to a question in the Lok Sabha. The information was provided by Minister of State for Power Shripad Naik. “The consumption of electricity has […]
Seamless highway travel: India’s FASTag Annual Pass hits 50 lakh users milestone within six months of launch
The FASTag Annual Pass has crossed 50 lakh users within six months of its launch, recording more than 26.55 crore transactions, according to a press release issued by the Ministry of Road Transport and Highways (MoRTH). Launched on 15 August 2025, the initiative is aimed at enhancing “Ease of Commuting” by providing private vehicle owners […]
Delhi-Ghaziabad-Meerut Namo Bharat RRTS corridor nears completion with over 96 per cent physical progress
The Delhi-Ghaziabad-Meerut Regional Rapid Transit System (RRTS), also known as the Namo Bharat corridor, is approaching full completion, with physical progress reaching 96.4 per cent and financial progress at 90.2 per cent as of 31 December 2025. This information was provided by the Minister of State for Housing and Urban Affairs Tokhan Sahu in a […]
India’s metro network crosses 1,095.66 Km; 957.06 Km under construction across major cities
India has more than 1,095.66 Km of operational metro rail network and an additional 957.06 Km under construction across the country, according to data provided by the Minister of State for Housing and Urban Affairs Tokhan Sahu in a written reply to the Lok Sabha. The update was shared by the minister in response to […]
India moves to strengthen financial system against emerging cyber threats
India is stepping up efforts to secure its rapidly expanding digital payments ecosystem, with the government outlining a multi-layered approach that combines regulatory oversight, artificial intelligence tools, audits, awareness campaigns, and cyber preparedness exercises. In a written reply in the Rajya Sabha, the Ministry of Finance stated that the government has been “proactively engaging with […]
RBI proposes allowing bank lending to REITs, signals policy shift in real estate financing
The Reserve Bank of India has proposed permitting commercial banks to extend finance to Real Estate Investment Trusts (REITs), marking a significant regulatory shift aimed at improving capital flows into the country’s real estate sector. The proposal was outlined in the central bank’s latest Statement on Developmental and Regulatory Policies, where it noted that REITs […]
India faces delays in 653 National Highway projects; Gadkari cites land, clearances and contractor issues
A total of 653 National Highway (NH) projects started since 1 April 2014 have spilled beyond their original completion schedule, Union Minister for Road Transport and Highways Nitin Gadkari informed the Lok Sabha on Friday (6 February). “From amongst all the National Highway (NH) projects started since 1st April 2014, there are 653 under construction […]
India to showcase indigenous defence capabilities at World Defence Show 2026 in Saudi Arabia
India will step onto a prominent global defence platform this weekend as Minister of State for Defence Sanjay Seth is set to lead a high-level delegation to the Kingdom of Saudi Arabia for the third World Defence Show (WDS) 2026, scheduled for February 08-09. The biennial exhibition is expected to draw more than 700 exhibitors […]