News on Indian Economy
Participating farmers adopted regenerative practices including Direct Seeded Rice, reduced tillage and improved crop-residue management. Changes achieved between 2019 and 2022 were measured and independently verified before the corresponding agricultural carbon credits were issued.
Union Minister of State for Earth Sciences Dr. Jitendra Singh virtually inaugurated the new radar on September 17 in the presence of Odisha Chief Minister Mohan Charan Majhi. The installation is expected to improve monitoring of thunderstorms, heavy rainfall, lightning and other significant weather systems across western Odisha and neighbouring regions.
D-Propulse ultimately wants its technology to power high-supersonic and hypersonic defence systems, unmanned aircraft and potentially future space-access platforms. Its ambition is considerably larger than the prototype demonstrated today, but the July test establishes that the company has already moved beyond simulations and small laboratory experiments into integrated propulsion hardware.
The investment was announced at SEMICON India 2026 in New Delhi on September 17. Applied Materials said its plans would concentrate on semiconductor research and development, expansion of its Indian supply chain and growth of its workforce in the country.
The second phase of the international UPI arrangement was launched in Thimphu on September 17 in the presence of External Affairs Minister Dr S. Jaishankar, Bhutanese Prime Minister Tshering Tobgay and Foreign Minister D.N. Dhungyel.
Prime Minister Narendra Modi announced the expansion while inaugurating SEMICON India 2026 in New Delhi on September 17, saying semiconductor projects established under India’s first phase have begun progressing from policy approvals and construction to production.
HAL will deliver LCA Tejas Final Operational Clearance twin-seat trainer aircraft and HTT-40 basic trainers to the Indian Air Force, while Dhruv Next Generation helicopters will be handed over to Pawan Hans Limited. Defence Minister Rajnath Singh and Civil Aviation Minister K Rammohan Naidu will be present for the handover.
Meesho Chief Financial Officer Dhiresh Bansal said the initiative is intended to make ITR filing simpler for Valmo partners, allowing eligible workers to claim tax refunds while developing a formal financial record that can support their longer-term requirements. He also pointed to the large proportion of first-time filers as evidence of the potential for programmes of this kind to expand financial inclusion.
The milestone was reached with the completion of electrification on the 71-km Pattukkottai–Karaikkudi section in Tamil Nadu, the final unelectrified broad-gauge stretch under Southern Railway. The newly electrified section underwent statutory inspection on September 9, 2026, after which Southern Railway announced that its complete broad-gauge network had reached 100 per cent electrification.
The latest official data shows that India’s non-fossil capacity had reached 300.50 GW by July 31, 2026, representing more than 54% of total installed generation capacity. This includes solar, wind, hydro, bioenergy and nuclear power. India had crossed the 50% non-fossil threshold in June 2025, more than five years before the deadline associated with its Nationally Determined Contribution under the Paris Agreement.
