News on Indian Economy
India’s merchandise exports increased to US$49.47 billion in October 2026, compared with US$34.11 billion in October 2025, representing an increase of approximately 45%. The expansion was supported by higher export values across several major industrial and manufacturing categories.
Located on the University of Mysore campus at the foothills of Chamundi Hills, the planetarium has been conceived as a centre for astronomy education and training. The facility represents an addition to India’s growing network of scientific institutions dedicated to promoting astronomy, astrophysics and space sciences among younger generations.
Lakadong Turmeric received Geographical Indication (GI) registration on 30 March 2024, formally recognising its geographical identity under India’s Geographical Indications of Goods (Registration and Protection) Act, 1999.
Addressing investors during the company’s latest earnings conference call, Dr. Reddy confirmed that Astra Microwave had supplied hardware for the first radar prototype to DRDO. He stated that the hardware delivery had been completed and that the subsequent firmware and software integration process was progressing.
The modifications to the PSLV third stage followed anomalies observed during the PSLV-C61/EOS-09 and PSLV-C62/EOS-N1 missions. These developments prompted ISRO to undertake a comprehensive reassessment of the PS3 configuration, covering critical aspects of its design, manufacturing, assembly and testing procedures.
The Naval Chetak Autonomous System is being developed around the Indian Navy’s Chetak helicopter, a rotary-wing aircraft based on the French Aérospatiale Alouette III design and manufactured in India by Hindustan Aeronautics Limited.
The principal feature of R.A.M.S is its integration with a 4×4 vehicle, allowing the weapon to be operated directly from the platform. Conventional ground-deployed mortars generally require personnel to position and prepare the weapon before commencing fire, while the new system is designed to eliminate this separate emplacement process.
SEANAV uses digital twin technology to reproduce the behaviour of vessels and their surrounding maritime environment within a computer-generated simulation. A digital twin is a computational representation of a physical system that can be used to study its behaviour, evaluate operating conditions and test potential responses to different situations.
The indigenous welding system was unveiled in November 2026 during the inauguration of the Advanced Laser Engineering Centre and Hybrid Laser Arc Welding Research and Development Facility at NeST HiTek Park in Kalamassery, Kochi. The facility was inaugurated by Cochin Shipyard Chairman and Managing Director Jose V. J. and SFO Technologies Chairman and Managing Director Dr. N. Jehangir.
The proposed facility will incorporate computer-based drone simulation systems, virtual reality equipment and associated training infrastructure. The procurement covers nine categories of equipment and services, comprising a total quantity of 45 units.
