News on Indian Economy
The board of the state-owned shipbuilder approved the proposal on September 9, 2026. Under the planned transaction, Cochin Shipyard will transfer the International Ship Repair Facility, or ISRF, to the new joint venture as a going concern for not less than ₹1,800 crore.
The first batch of precision-machined aerospace components has already been produced at Sri City and shipped to Sigma’s UK operations for final verification before delivery to the customer. The company disclosed the development to the BSE and National Stock Exchange on September 10.
The announcement is significant because it explicitly identifies the equipment as being intended for India’s future SBS-III constellation, which the French Presidency says will involve 52 satellites scheduled for deployment between 2027 and 2030.
Unlike a conventional classroom-based agricultural training centre, the Pilibhit facility will include a demonstration farm where farmers can see improved cultivation practices being applied under field conditions.
India is one of the world’s largest producers of fruits and vegetables, yet a significant
Union Civil Aviation Minister Ram Mohan Naidu held discussions with Russian Minister of Industry and Trade Anton Alikhanov in New Delhi on September 10, 2026, with civil aircraft manufacturing and regional connectivity emerging as key areas for deeper industrial cooperation.
The TCS Industrial Autonomy & Engineering Lab – Lights-Out Factory has been established at the company’s Sahyadri Park campus in Pune. TCS announced its launch on September 9, 2026, positioning the facility as a testing ground for manufacturers seeking to move beyond conventional factory automation towards production environments capable of monitoring, adjusting and optimising more of their operations autonomously.
One of the most important engineering decisions behind the X1 is ARC’s decision to build the handheld around an ARM architecture rather than the x86 architecture used by many portable gaming PCs.
The state-owned power major’s tender records show that bidding for the principal 108 MW ±5 MW Engineering, Procurement and Construction package closed on September 8, 2026, while a separate package covering site-enabling works remains open until September 21.
According to the report, Indian Ambassador to Russia Vinay Kumar said the two countries were discussing the proposal and that the next steps would be determined once negotiations were completed. Several technical requirements would also have to be addressed before the system could become operational.
