News on Indian Economy
Commerce and Industry Minister Piyush Goyal called for the benefits of India’s trade agreements to reach businesses across all 780 districts, including MSMEs, startups, traders, first-time exporters and women entrepreneurs. He was addressing a national workshop in New Delhi focused on converting improved market access under FTAs into measurable export growth.
Under the revised system, applications that meet the prescribed eligibility conditions can now be approved and issued automatically without being routed for routine manual scrutiny. The change is expected to reduce processing time and make certificate issuance more predictable for exporters.
SHIELD is intended primarily as an evaluation and technology-development platform, rather than an immediately deployable battlefield weapon. Its purpose is to generate controlled high-power microwave emissions and study how electronic systems respond when exposed to intense electromagnetic energy.
Adani Defence announced the agreement on September 5, 2026. Under the arrangement, the company will provide the small-calibre ammunition required for the AK-203 programme for a period of five years, creating an Indian source of ammunition supply alongside the domestic production of the rifles themselves. The value of the agreement, annual ammunition quantities and detailed delivery schedule have not been publicly disclosed.
According to the figures disclosed as part of the initiative, indigenous sources now account for about 97 per cent of frequently required spares for operational units and 93 per cent of mandatory spares needed for overhaul of decentralised fleets. The localisation programme has also generated estimated foreign-exchange savings of ₹582 crore over five years.
An Elephant Walk generally involves several military aircraft taxiing one behind another at relatively close intervals. Although visually striking, its significance lies in the processes behind the formation. Aircraft must be serviceable, crews have to be prepared, ground movements must be carefully coordinated and maintenance and support personnel must ensure that multiple platforms can be generated simultaneously.
DRDO’s official Electronic Warfare technology roadmap identifies “Smart Jamming against Software Defined Radio (SDR) & Cognitive Radio based Military Communication Radios” as one of its electronic countermeasure development tasks. The work has been assigned to the Defence Electronics Research Laboratory, or DLRL, one of DRDO’s principal laboratories specialising in electronic warfare systems.
The Ministry of Defence confirmed on September 6, 2026, that the Sarang team has reached Egypt ahead of the airshow, which will be held at El Alamein International Airport from September 8 to 10. The event will bring together air forces, aerospace companies and defence and space-sector professionals from several countries.
The next phase of India’s drone manufacturing push is increasingly centred on technologies such as flight-control computers, autopilots, inertial navigation systems, electro-optical sensors, communications equipment, motors, batteries, embedded electronics and specialised payloads.
The target was highlighted on September 6, 2026, by the Indian National Space Promotion and Authorisation Centre (IN-SPACe) as part of the roadmap for the next phase of India’s space-sector growth. IN-SPACe said achieving this level of launch activity will require ISRO and Indian industry to expand their capabilities in parallel rather than depend on a single organisation.
