News on Indian Economy
The agreement was signed at the Farnborough International Airshow 2026 by Bharat Forge Aerospace Chief Executive Officer Guru Biswal and FLYING WHALES President Sébastien Bougon. It proposes the establishment of manufacturing, integration and production capabilities for FLYING WHALES–Bharat Forge airships within India.
The Bharat 6G Alliance, an industry- and academia-led organisation, had grown to 90 members by July 15, 2026. Its membership includes telecom service providers, equipment manufacturers, startups, universities, research institutions and other participants from India’s telecommunications ecosystem.
The Department for Promotion of Industry and Internal Trade announced the change through Press Note 3 of the 2026 Series on July 23, 2026. Under the revised framework, an e-commerce company receiving foreign investment may procure Indian-made products, hold them as inventory and sell them directly to consumers outside India.
The origins of Genrobotics can be traced to a group of engineering students who were interested in building advanced machines. The founding team consisted of Vimal Govind M.K., Rashid K., Nikhil N.P. and Arun George, who studied at MES College of Engineering in Kuttippuram, Kerala. Their early experimentation included the construction of a large wearable robotic structure inspired by powered exoskeletons.
The Gati Shakti Cargo Terminal Policy was introduced to encourage the establishment of modern rail-linked cargo terminals through private participation. Locations for these terminals are identified based on industrial demand, cargo traffic potential, availability of railway infrastructure and the overall logistics potential of a region. According to the Ministry of Railways, the 142 commissioned terminals together have an estimated freight handling capacity of 224 million tonnes per annum (MTPA), while they handled 146 million tonnes of freight during the financial year 2025–26.
The Department of Fisheries is implementing several export-oriented infrastructure initiatives under the Pradhan Mantri Matsya Sampada Yojana. Fisheries and aquaculture projects with a combined cost of ₹21,394.88 crore were approved under the scheme between 2020–21 and 2025–26. These projects carry a Central share of ₹9,510.89 crore, of which ₹6,113.12 crore had been released.
Emphasising the government’s commitment to balancing commercial expansion with strategic interests, Dr. Singh said every application for private space activities undergoes a comprehensive evaluation under IN-SPACe’s Norms, Guidelines and Procedures (NGP), with due consideration to national security and strategic requirements before authorisation is granted.
The Kusha system is being developed to counter a broad range of airborne threats, including fighter aircraft, missiles, unmanned aerial vehicles and large military aircraft across an extensive range and altitude envelope. Its missiles, surveillance and fire-control radars, command-and-control centre and associated weapon-system components have been developed by DRDO laboratories in cooperation with Indian industry.
An expendable turbojet is generally designed to power platforms intended for limited-duration or one-way missions. Such engines can potentially support unmanned aerial systems, aerial targets, decoys and stand-off platforms. The government has not disclosed the specific platform for which the new engine has been developed.
The processor uses superconducting transmon qubits, one of the leading hardware approaches in contemporary quantum computing. Transmons are fabricated as microscopic electrical circuits containing superconducting components and Josephson junctions.
