India and GCC Review Joint Action Plan as Free Trade Agreement Negotiations Move Forward
The India–GCC Joint Action Plan 2024–28 was adopted at the first India–GCC Joint Ministerial Meeting for Strategic Dialogue held in Riyadh in September 2024.
Economy
News on Indian Economy
EdgeForce Solutions Emerges L1 Bidder for Indian Army Manned–Unmanned Teaming System
The development was reported on 24 September 2026, with the company’s bid placed at around ₹1.4 crore. The procurement is understood to involve an integrated architecture combining unmanned ground vehicles, unmanned aerial vehicles and a command-and-control station capable of supporting manned armoured formations.
Indian Navy Seeks Indigenous GPS PS1 and PS2 Assemblies for MRSAM Air-Defence System
The requirement is listed under the Ministry of Defence, with the Department of Military Affairs as the department and the Indian Navy as the procuring organisation. The bid pertains to Maharashtra and specifies a total quantity of one development unit or lot.
Indian Army Para SF Reportedly Begins Trials of Indigenous SSS Defence G72 Submachine Gun
The G72 is an indigenous modular submachine gun chambered for the widely used 9×19 mm cartridge. The Department of Defence Production describes the weapon as being intended for special forces, Army elements and law-enforcement personnel, with applications ranging from tactical operations to VIP protection and close-quarter battle, or CQB.
Goa Mussarat Mango — The Red-Blushed Monserrate of Goa and the Late-Summer Orchard Heritage of the Konkan Coast
This old Goan cultivar entered a new chapter when it secured geographical-indication protection at the end of 2025. The Geographical Indications Registry officially records it as “Goa Mussarat Mango (Monserrate, Musharad)”, Application No. 1080, recognising Goa as its geographical area and the Department of Science & Technology & Waste Management, Government of Goa, together with the All Goa Mango Growers Association, as the applicants.
India Earmarks ₹1.39 Lakh Crore for Domestic Defence Procurement in 2026–27
Within this, approximately ₹2.19 lakh crore has been allocated under the capital head. Of that amount, around ₹1.85 lakh crore is specifically meant for capital acquisition, representing an increase of roughly 24% over the previous financial year’s corresponding allocation.
India’s First Port-Based e-Methanol Plant at Kandla to Supply Green Fuel to Global Shipping
The Kandla e-methanol plant will eventually have a production capacity of 150 tonnes per day. It will use renewable electricity, water and biogenic carbon dioxide as key inputs, with green hydrogen forming an important part of the production chain.
India’s Recent Oil and Gas Discoveries: New Finds, Offshore Frontiers and How Much Crude India Produces at Home
Assam remains one of India’s most important producing regions and continues to generate new discoveries. Oil India reported an oil discovery at Mechaki-6 and a gas discovery at Mechaki-7, while hydrocarbon presence was also established at Kobochapori-1.
How BEL’s 3D CAR Prime Compares With Rohini, Giraffe AMB, GM200 and TRML-4D
The 3D Central Acquisition Radar, or 3D CAR, belongs to an Indian radar-development lineage that produced systems such as Rohini for the Indian Air Force and Revathi for naval use. DRDO documentation describes the earlier Central Acquisition Radar programme as an S-band radar technology that was progressively upgraded and adapted through collaboration involving DRDO, BEL and Indian industry.
India’s Hidden Gold Mountain: How Households Came to Own an Estimated 31,000 Tonnes of Gold
Thirty-one thousand tonnes is equivalent to approximately 31 billion grams of gold. Expressed in the familiar Indian retail measure of ten grams, this works out to around 3.1 billion ten-gram units of gold held in different forms across the country.