News on Indian Economy
According to the government, international crude prices have jumped from around USD 70 per barrel to nearly USD 122 per barrel in the span of a month, marking an increase of roughly 75 per cent in less than four weeks. Despite this steep rise, retail prices of petrol and diesel at fuel stations across India will remain unchanged.
The government said total foodgrain production at the all-India level rose from 265.0 million tonnes in 2013–14 to 357.7 million tonnes in 2024–25. Horticulture production also increased significantly, climbing from 277.4 million tonnes in 2013–14 to 369.1 million tonnes in 2024–25, according to the third advance estimates. The figures suggest that despite smaller average farm sizes, improvements in technology, crop planning and policy support have helped sustain growth in agricultural output.
India’s petroleum and LPG supply remains fully secure, the Ministry of Petroleum and Natural Gas
The new highway project, planned over a length of 101.51 km, is expected to address a long-standing infrastructure gap that has limited Shravasti’s tourism potential despite its global religious significance. According to the official release, the improved corridor will help cut travel time between Barabanki and Bahraich by nearly half, reducing the journey from around 150 minutes to 75 minutes, while also raising average travel speeds from 40 kmph to 80 kmph.
HFCL has announced a major expansion and consolidation of its defence business, bringing multiple capabilities
India has commissioned around 8,000 tonnes per annum (TPA) of green hydrogen production capacity as
Indian Railways has begun the final location survey for a proposed new railway line between
India’s transition towards clean energy has received a major boost under the PM Surya Ghar
According to the government, the primary objective of BADP has been to support the well-being of border communities by creating essential infrastructure through convergence with central, state, Union Territory and local schemes. The programme has supported projects related to health, education, roads, agriculture, sports, drinking water, sanitation, the social sector and small-scale industries. The government noted that the scheme is currently in its sunset phase.
A major component of the scheme is the development of airport infrastructure. Under Modified UDAN, the government plans to develop 100 airports from existing unserved airstrips, with an estimated capital expenditure of Rs. 12,159 crore over the next eight years. This expansion is aimed at building a more competitive aviation ecosystem and ensuring that more regions are brought into the country’s air connectivity network.
