News on Indian Economy
The proposed expansion will be developed at NALCO’s existing aluminium smelting complex in Anugul, one of India’s important centres for integrated aluminium manufacturing.
India’s coastline extends approximately 11,098 kilometres and supports an extensive system of commercial ports, fishing harbours, maritime terminals and coastal transport facilities. The country presently has 12 operational major ports administered by the Union Government, while a much larger network of non-major ports falls under the jurisdiction of state governments and maritime boards.
Ramanathapuram’s agricultural landscape differs considerably from the fertile, well-irrigated rice-growing regions of the Cauvery delta. The district experiences relatively low and irregular rainfall, with agriculture depending heavily on the northeast monsoon. Indigenous varieties such as Chithiraikar form part of a farming tradition shaped by these environmental conditions.
Russia’s United Engine Corporation, part of the Rostec State Corporation, has indicated its willingness to explore arrangements for localising the production of aircraft engines in India, including the PD-8 turbofan developed for the Russian SJ-100 regional passenger aircraft.
HyperStrike has been developed to address one of the most pressing challenges facing modern armed forces: the proliferation of inexpensive attack drones capable of threatening military installations, critical infrastructure and deployed formations. These aerial systems can be employed individually or in large numbers, creating operational challenges for conventional air-defence systems that depend on comparatively expensive interception technologies.
The photovoltaic manufacturing process begins with the production of high-purity polysilicon, which is converted into ingots and subsequently sliced into thin wafers. These wafers are processed into solar cells capable of converting sunlight into electricity, before being assembled into modules suitable for installation in power-generating systems.
Under the proposal, 13 Pantsir systems would be delivered from Russia, while 39 systems would be produced in India. The domestic component would therefore account for approximately 75% of the proposed acquisition, creating opportunities for Indian manufacturers to participate in the production and integration of advanced air-defence equipment.
India’s river systems differ substantially in their hydrological characteristics. Himalayan rivers receive water from monsoon rainfall and, in some basins, snow and glacier melt, while many peninsular rivers experience considerable seasonal variations associated with the southwest and northeast monsoons. These differences have encouraged proposals for storage reservoirs, canals, barrages and other infrastructure that could redistribute water between selected basins.
External Affairs Minister S. Jaishankar Highlights India’s Digital Governance Model, Free Trade Agreements and Resilient Supply Chains at CHOGM 2026
The National Payments Corporation of India has approved Fibe to operate as a Third-Party Application Provider, enabling the company to offer UPI transactions directly through its mobile application. Under the UPI framework, third-party application providers deliver payment services to consumers through arrangements with participating banks and the NPCI-operated payment network.
