News on Indian Economy
To reduce that lag, RBI has asked banks to reconcile and confirm credits in nostro accounts much more frequently, either on a near real-time basis or at periodic intervals. The regulator said the reconciliation interval should normally not exceed one hour, marking a clear move toward more time-sensitive processing of international inward payments.
The shift to composite sleepers marks an important upgrade in track infrastructure. According to the Ministry of Railways, these sleepers are lighter than the iron and concrete variants currently used, yet they are designed to carry higher loads, offer better cushioning and allow easier laying and repair. The ministry also said the sleepers can be tailored to local site conditions, which is expected to improve passenger comfort, especially on bridge approaches and turnout sections where ride quality can otherwise be affected.
The MoU was signed by Amit Mohan Govil, Director of FIU-IND, and Rajesh Kumar, Chief Executive Officer of I4C. According to the release, the agreement is intended to create a more structured framework for collaborative intelligence sharing between the two agencies, both of which play key roles in tackling financial crime and cyber fraud in India’s rapidly expanding digital ecosystem.
Growth during the fiscal year was broad-based, with five out of six vehicle categories achieving record annual sales, driven by improved affordability, rising consumer demand, and an expanding mix of powertrain technologies.
In India’s broader fuel-cycle logic, spent fuel from Pressurised Heavy Water Reactors is reprocessed to recover plutonium, that plutonium is used in mixed oxide fuel for the PFBR, and the fast neutrons in the reactor then convert fertile material into new fissile material.
The reduction will apply across both major and non-major airports. For major airports, the Airports Economic Regulatory Authority has been directed to lower prevailing landing and parking tariffs by 25%, while the Airports Authority of India has been asked to extend the same benefit at its non-major airports
The minister said India added 55.3 GW of non-fossil fuel power capacity during FY 2025–26, marking the highest annual increase so far. As of March 31, 2026, the country had installed 283.46 GW of non-fossil power capacity, including 274.68 GW from renewable energy and 8.78 GW from nuclear power.
Designed with eight 210 MW units and one 40 MW unit, the Kamala project is expected to generate 6,870 million units of electricity. According to the government, the project is intended to strengthen Arunachal Pradesh’s power supply, support peak demand management, contribute to national grid balancing, and provide flood moderation benefits in the Brahmaputra valley.
The year-wise figures show how sharply the scheme has scaled since inception. PMMY sanctioned 3.49 crore loans worth ₹1.37 lakh crore in 2015-16, while by 2025-26 as of 27 March 2026, it had already sanctioned 4.49 crore loans worth ₹5.65 lakh crore. Over the full 11-year period, the cumulative sanctioned amount reached ₹40.07 lakh crore.
The new survey comes at a time when the services sector contributes more than half of India’s GDP and remains one of the country’s biggest sources of jobs and economic expansion. According to the Ministry of Statistics and Programme Implementation, ASISSE is expected to become a key source of official data on major service activities such as trade, transport, hospitality, information technology, education and health.
