Economy

News on Indian Economy

DRDO’s Electromagnetic Railgun: India Pushes Towards a New Generation of Long-Range Kinetic Weapons

The significance of the programme lies not simply in producing another artillery system. A mature electromagnetic gun could eventually occupy the space between conventional long-range artillery and expensive guided missiles, delivering high-velocity kinetic projectiles over considerable distances without depending upon the large chemical propellant charges required by traditional guns.

India Proposes BRICS Gateway to Help 100 Startups Expand Across Member Markets Every Year

Addressing the BRICS Business Forum in New Delhi, Modi also proposed two additional measurable goals for the grouping’s business community: identifying and addressing the ten biggest barriers to intra-BRICS trade and creating 1,000 new partnerships between businesses across BRICS countries every year. He suggested that progress against all three benchmarks should be reviewed annually.

The Return of Strategic Autonomy in a Fragmented World

The more useful definition of strategic autonomy is the ability of a state to make important national decisions without facing unacceptable pressure because of a critical external dependency. A country may remain deeply integrated into the world economy while ensuring that no single foreign supplier can completely disable a strategic sector.

Takachar: Indian Portable Technology Turning Farm Waste Into Biochar and Valuable Carbon Products

Indian climate-technology company Takachar is addressing this problem through portable thermochemical equipment designed to process biomass close to where it is generated. Instead of transporting large volumes of low-value agricultural waste to a distant centralised plant, Takachar takes the processing system directly to farms, forestry operations and other locations where waste biomass is available.