News on Indian Economy
Addressing a workshop of MPs and MLAs on Small Modular Reactors, Dr Singh said the Kalpakkam-based Prototype Fast Breeder Reactor has been developed by the Indira Gandhi Centre for Atomic Research and built by BHAVINI. The reactor uses uranium-plutonium mixed oxide fuel and is designed to produce more fuel than it consumes, making it central to the second stage of India’s nuclear strategy.
The additional four coaches include three AC Chair Car coaches and one Executive Class coach, which will increase the availability of reserved seats for passengers travelling between Mumbai and Ahmedabad. The move is expected to benefit business travellers, students, daily commuters, tourists and other passengers who rely on the route for fast, comfortable and predictable inter-city movement.
The newly launched complex has been developed as a specialised hub for the production of high-speed rail components, particularly for India’s upcoming indigenous bullet train project. The facility is designed to manufacture advanced “B-28” train coaches, which will form the backbone of the country’s first domestically developed high-speed train.
Revenue from operations rose 5.8% to ₹46,490 crore, compared with ₹43,961 crore in the corresponding quarter of the previous fiscal. The company’s operating performance also improved, with EBITDA increasing 6.2% to ₹12,673 crore, while EBITDA margin stood at 27.3%, slightly higher than 27.1% a year earlier.
The submission marks India’s third Nationally Determined Contribution under the Paris Agreement. NDCs are the national climate action plans that countries submit under the global climate framework, outlining how they intend to reduce emissions, adapt to climate impacts and contribute to the long-term goal of limiting global warming. India’s earlier NDCs were submitted in 2015 and updated in 2022 for the 2030 target cycle.
The Air Operator Certificate (AOC) marks a major milestone for the fledgling airline and the broader aviation sector. It follows a series of successful test flights, including water take-offs and landings conducted at sites such as the Ganga Barrage and Tehri Lake in Uttarakhand, demonstrating the operational readiness of the service.
The Memorandum of Understanding was signed between India’s Central Board of Indirect Taxes and Customs and the Kenya Revenue Authority for the exchange of pre-arrival information on goods moving between the two countries. The agreement was signed by CBIC Member Yogendra Garg and KRA Commissioner General Dr Lilian Nyawanda in the presence of senior officials from both sides.
The MoU was signed by Neeraj Kumar Jha, General Manager of the Parcel Directorate, Department of Posts, and Abhishek Chakraborty, Chief Executive Officer of DTDC Express Limited, in the presence of senior officials from both organisations. The partnership builds on an existing collaboration between the Department of Posts and DTDC that began in 2025.
The campus now prepares daily meals for over 500 people, including around 250 hostel students who are served twice a day, along with 15 staff families residing on the premises. Instead of relying on LPG cylinders, the institution uses two biogas plants with a combined capacity of 90 cubic metres per day. These plants convert cow dung, kitchen waste and agricultural residue into usable cooking gas.
For decades, the Khambatki Ghat section was known for its steep curves, accident-prone stretches, and traffic congestion. The newly constructed tunnel now offers a safer alternative route, significantly reducing travel risks and improving driving conditions for commuters.
