Economy

News on Indian Economy

IIT Madras Opens Advanced Maritime Research Facility to Power India’s Ship Design and Ocean Engineering Push

The core of the new facility is a hybrid wind and circulating water channel system. It provides a stable, uniform-flow test section for hydrodynamic investigations involving ship models, propellers, bluff bodies, underwater structures, offshore systems and marine vehicles. In simple terms, the tunnel allows engineers to recreate and study water-flow behaviour around maritime objects before those designs are scaled up for real-world use.

India Opens Single-Window Investor Support Portal to Strengthen Semiconductor Ecosystem

Under the Semicon India Programme, the government has so far approved 12 fabrication and packaging projects, along with 24 semiconductor design projects. This means the country’s semiconductor strategy is expanding across multiple layers of the value chain: chip design, fabrication, assembly, testing, packaging and ecosystem support. The new portal is meant to act as a bridge between policy ambition and investor execution.

India’s First Indigenous Hydrogen Train Set to Roll Out on Jind–Sonipat Route, Marking a Clean Rail Milestone

The project places India among a small group of nations actively exploring hydrogen-powered rail mobility, alongside countries such as Germany, Japan, China and the United States. Hydrogen rail technology is still at an early stage worldwide, making India’s move significant both as a technological experiment and as a statement of intent in sustainable transport.

German Agritech Firm B+H Solutions Bets on India’s Nano-Fertiliser Future with ₹11.12 Crore Investment

The company operates in India through Dr Heinisch Agro Solutions India Private Limited, and its latest expansion plan comes after securing Fertiliser Control Order registration for its AgroCopper nano-copper product. This regulatory approval is significant because fertiliser products in India need formal recognition before they can be marketed at scale. The firm is also seeking approval for nano iron, which suggests that its India strategy is not built around a single product but around a wider portfolio of metal-based nano crop inputs.

India Sets Its Textile Ambition: From Cotton Fields to a $100 Billion Export Powerhouse

India already has a strong foundation. It is the sixth-largest textile exporter in the world, contributes around 2.3% to GDP, accounts for nearly 12% of India’s total export earnings, and supports close to six crore livelihoods directly and indirectly. This makes textiles one of the rare sectors where India’s export ambition is directly linked to mass employment, rural incomes, MSMEs, women’s work participation and industrial growth.

PM-AJAY Goes Digital: New Portal and Mobile App Aim to Strengthen Delivery of SC Welfare Schemes

The AJAY Mobile App is particularly important because it takes the scheme closer to the field. Welfare programmes often depend on village-level surveys, local planning, physical inspections, beneficiary identification and progress verification. When these steps remain paper-heavy, implementation can become slow and difficult to monitor. The new app allows field functionaries to carry out planning, reporting, inspections, photo uploads and updates through a mobile interface, giving administrators a clearer view of what is happening on the ground.

BSNL’s Turnaround Story: Indigenous 4G, Rising Revenue and the Return of India’s Public Telecom Network

According to the Minister, the revival effort began by identifying practical problem areas: work culture, tower condition and outdated infrastructure. In states such as Andhra Pradesh, tower uptime was earlier around 75%, and the target was raised to 95%. BSNL replaced 50,000 batteries across 50,000 towers, upgraded power plants and replaced ageing cables to improve service reliability.

India Post’s Revenue Touches ₹15,373 Crore as the Postal Network Reinvents Itself for Digital India

The biggest technology push is coming through the ₹5,800 crore Advanced Postal Technology initiative under IT 2.0. The goal is to create a seamless, end-to-end digital postal system where citizens can buy savings instruments, purchase insurance products such as Postal Life Insurance and Rural Postal Life Insurance, download digital certificates and receive matured policy payments directly into bank accounts without visiting a post office.

PAIMANA Tracks 1,981 Central Infrastructure Projects Worth ₹42.78 Lakh Crore as India Sharpens Project Monitoring

A large share of the monitored projects is already at an advanced stage. Around 801 projects, or roughly 40%, have achieved more than 80% physical progress, while 277 projects, or about 14%, have crossed 80% financial completion. This is a crucial indicator because it shows that a significant portion of the infrastructure pipeline is moving towards completion, while another group of newly started projects is entering the implementation cycle.