Economy

News on Indian Economy

India Plans Push For Domestic Lithium And Nickel Processing

The proposed approach goes beyond simple extraction. It includes expanding exploration for lithium resources within India, securing overseas supply arrangements, and building up refining capacity through both public- and private-sector participation. In effect, the government is trying to move India higher up the value chain instead of remaining dependent on imported processed materials.

Vande Bharat Surge Powers New Phase Of Modern Rail Travel In India

Since its launch, the Vande Bharat network has carried more than 9.1 crore passengers through about 1 lakh trips, showing how quickly the service has moved from flagship experiment to a widely accepted part of India’s railway system. First introduced on the New Delhi–Varanasi route in February 2019, the train has since become a major symbol of indigenous rail modernisation under the Make in India push.

Indian Railways to Deploy Composite Sleepers and AI Track Monitoring for Safer Operations

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.

FIU-IND and I4C Sign MoU to Step Up Fight Against Cyber Fraud and Financial Crime

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.