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Showing posts from May, 2025

Maharashtra Clears Rs 95,790-Crore Dharavi Redevelopment Plan

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  The Maharashtra government has officially approved the master plan for the ambitious Dharavi redevelopment project, estimated at Rs 95,790 crore. One of the largest urban renewal initiatives in India, the project aims to transform Asia’s biggest slum into a modern residential and commercial hub. The redevelopment will be led by the Adani Group, which won the bid in 2022. The plan includes constructing new housing units, upgrading infrastructure, and improving sanitation and connectivity. Around one million residents stand to benefit from better living conditions and formal housing. With state approval now secured, work on the massive project is expected to accelerate, marking a crucial step toward reshaping Mumbai’s urban landscape.

JioHotstar Becomes World's Second-Largest OTT Platform

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  JioHotstar has officially emerged as the world's second-largest OTT platform, boasting an impressive 280 million subscribers. This milestone reflects the platform’s rapid growth, driven by its affordable pricing, diverse content library, and exclusive streaming rights for major sports events like the IPL and ICC tournaments. The merger of Disney+ Hotstar's rich international catalog with Jio's wide distribution network has significantly expanded the platform's reach. Strong mobile penetration in India and strategic partnerships have further fueled its subscriber base. With this achievement, JioHotstar trails only Netflix globally, signaling a shift in the global streaming landscape led by emerging markets.

India’s First Bullet Train Prototype Production Likely by September 2025

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  India is set to take a major leap in high-speed rail technology as production of its first bullet train prototype is expected to begin by September 2025. The 280 kmph trainset will be indigenously manufactured by Bharat Earth Movers Limited (BEML), marking a significant milestone in the Make in India initiative. This advanced trainset will undergo testing on the upcoming Mumbai-Ahmedabad high-speed rail corridor, India’s flagship bullet train project. Once operational, the corridor will significantly cut travel time and boost connectivity between the two major cities. The development reinforces India’s ambition to join the ranks of nations with a robust high-speed rail network, with indigenous capability playing a pivotal role in future expansions.

India’s Second Russia-Built Stealth Missile Frigate ‘Tamal’ to Be Commissioned by June-End

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  India is set to bolster its naval capabilities with the commissioning of its second Russia-built stealth missile frigate, ‘Tamal’, by the end of June 2025. The frigate is part of the Project 11356 (Grigorovich-class), under a bilateral agreement between India and Russia to enhance maritime strength and defense cooperation. ‘Tamal’ follows the first of four frigates being built under a $2.5 billion deal signed in 2018. While two ships are being constructed in Russia, the other two are being built at Goa Shipyard Limited in India. Equipped with stealth features, advanced radar systems, and BrahMos supersonic missiles, ‘Tamal’ will significantly enhance the Indian Navy’s combat readiness in the Indo-Pacific region. The addition of ‘Tamal’ aligns with India's broader push for modernizing its naval fleet and maintaining a strategic edge in the region amid growing security challenges.

Karnataka Bags India’s First Private Helicopter Assembly Facility

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  Karnataka is set to become home to India’s first private helicopter assembly line. Airbus, in collaboration with Tata Advanced Systems Limited (TASL), will establish a final assembly facility for the H125 helicopter in Kolar district. This landmark initiative marks a major step forward in India’s defense and aerospace manufacturing capabilities. The facility will handle the full assembly, testing, and delivery of the popular H125 helicopter, widely used for civilian and law enforcement purposes. The project strengthens the 'Make in India' mission and positions Karnataka as a key player in high-tech aerospace production.

Sky Deck Coming Soon at Nadaprabhu Kempegowda Layout

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  Bengaluru is set to welcome a landmark addition to its skyline with the upcoming Sky Deck project at Nadaprabhu Kempegowda Layout , near Kengeri . Designed to offer panoramic views of the city, the sky deck is expected to become a major attraction for residents and tourists alike. The project, envisioned as a modern architectural marvel, will highlight the city's blend of innovation and culture. Strategically located, it promises scenic views and improved infrastructure around the growing locality. Officials anticipate that the sky deck will not only boost tourism but also enhance the real estate and development potential in the area. Construction is expected to begin soon, with a focus on sustainability and smart urban planning. This project marks another step in Bengaluru’s journey towards becoming a global city with world-class urban experiences.

Surat Set to Welcome India’s First Bullet Train Station

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  India’s first bullet train station, located in Surat, Gujarat, is now ready, marking a major milestone in the country’s ambitious high-speed rail project. Part of the Mumbai-Ahmedabad bullet train corridor, the Surat station features advanced passenger facilities and is designed to handle high-speed rail operations. Trial runs on this section are expected to begin in 2026, with full-scale commercial operations projected to commence by 2029. Once operational, the bullet train is set to significantly cut travel time between Mumbai and Ahmedabad, enhancing connectivity and boosting economic growth in the region.

Union Govt. to Provide 11,000 Electric Buses Under PM E-Drive Scheme

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  In a major push for green public transport, the Union Government has announced the rollout of approximately 11,000 electric buses to major Indian cities under the PM E-Drive scheme. This initiative aims to reduce urban pollution and modernize public transportation systems. As per the plan, Bengaluru will receive the highest allocation with 4,500 buses, followed by Delhi with 2,800. Hyderabad is set to get 2,000 electric buses, while Ahmedabad and Surat will receive 1,000 and 600 buses respectively. The PM E-Drive scheme supports India’s commitment to sustainable mobility, offering eco-friendly alternatives and boosting electric vehicle adoption in urban centers.

Indian Navy to Get Five Next-Gen Corvettes Under ₹25,000 Crore ‘Make in India’ Boost

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  In a major push for indigenous defence production, the Indian Navy is set to acquire five next-generation corvettes at a cost of ₹25,000 crore under the 'Make in India' initiative. Approved by the Defence Acquisition Council, the project will significantly enhance the Navy’s coastal and deep-sea warfare capabilities. These stealth corvettes will be heavily armed with advanced sensors, weapons, and combat management systems. Designed for multi-role operations including anti-surface, anti-submarine, and anti-air warfare, they will bolster India's maritime dominance in the Indo-Pacific region. The warships will be built by Indian shipyards, marking a big step towards self-reliance in defence manufacturing and creating substantial employment in the sector. This development reflects India's commitment to modernizing its naval fleet with cutting-edge indigenous technology.

India to Invest $10 Billion in 112 Oil Tankers by 2040

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  India has announced a strategic plan to invest $10 billion by 2040 to acquire 112 domestically-built oil tankers. The move aims to strengthen the country's energy transport infrastructure and reduce dependence on foreign-owned vessels. By expanding its domestic fleet, India seeks to enhance energy security, support local shipbuilding industries, and gain greater control over crude oil transportation. This initiative aligns with the government’s broader push for self-reliance in critical sectors. The investment is expected to generate thousands of jobs and foster technological development in the maritime sector.

Tata Electronics Begins iPhone Assembly in Tamil Nadu

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  Tata Electronics has officially started assembling iPhone models, including the upcoming iPhone 16 and iPhone 16e, at its state-of-the-art facility in Hosur, Tamil Nadu. This marks a significant step in India’s growing role in Apple’s global supply chain. The move follows Apple's ongoing strategy to diversify its manufacturing base beyond China. Tata's entry into iPhone assembly also strengthens India’s position as a key electronics manufacturing hub. The Hosur facility, known for its precision manufacturing, is expected to ramp up production ahead of the iPhone 16 series launch later this year.

Andhra Pradesh Govt. Approves ₹2,100 Crore for Amaravati Capital Development in Q1 FY26

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  In a significant move to accelerate the development of Amaravati as the state capital, the Andhra Pradesh government has approved ₹2,100 crore for the project in the first quarter of the financial year 2025–26 (FY26). This is the first major allocation toward the capital city’s infrastructure development under the new fiscal plan. The funds will be utilized for core infrastructure, including roads, drainage, water supply, and public amenities across the proposed capital region. The decision reflects the government’s renewed focus on fast-tracking Amaravati’s development after a period of slowdown. Officials stated that the allocation is part of a larger commitment to build a well-planned administrative capital and boost economic growth in the region. More phases of funding are expected in the coming quarters as the project progresses.

India's Longest Ropeway to Link Dehradun and Mussoorie by 2026

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  India is set to unveil its longest passenger ropeway, connecting Dehradun to the popular hill station of Mussoorie, by September 2026. Spanning over 5.5 kilometers, the ropeway promises to cut down travel time from over an hour by road to just 15 minutes. This state-of-the-art project aims to ease traffic congestion, promote eco-friendly tourism, and offer scenic aerial views of the Shivalik range. With modern cabins and safety features, it is expected to become a major attraction for both tourists and locals.

BEML to Invest ₹1,800 Crore in MP Metro Coach Plant

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  BEML Limited, a leading public sector enterprise, is set to invest ₹1,800 crore in a new metro rail coach and rolling stock manufacturing facility in Madhya Pradesh. This state-of-the-art unit will enhance the company’s production capacity and support India’s expanding urban transit infrastructure. The facility will cater to the growing demand for metro rail systems across the country and is expected to generate significant employment opportunities. With advanced manufacturing capabilities, the plant will strengthen indigenous production and contribute to the government's "Make in India" initiative. The strategic move by BEML highlights its commitment to innovation, self-reliance, and sustainable urban mobility.

Meta Launches Ray-Ban Meta Smart Glasses in India at ₹29,900

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  Meta has officially introduced its Ray-Ban Meta smart glasses in India, with prices starting at ₹29,900. These stylish wearables combine Ray-Ban’s iconic design with Meta’s cutting-edge technology, offering features like hands-free photo and video capture, voice-controlled assistance, and live streaming capabilities. Equipped with a 12MP camera and open-ear speakers, the glasses allow users to take calls, listen to music, and share content instantly. The smart glasses are compatible with the Meta View app for seamless connectivity and media management. Available in multiple styles and lens options, the Ray-Ban Meta smart glasses are now on sale via select online platforms and retail stores across India.

India Overtakes Japan to Become the Most Preferred Equity Market in Asia

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  India has officially surpassed Japan as the most preferred equity market in Asia, according to global investors and market analysts. Strong economic growth, robust corporate earnings, and ongoing structural reforms have fueled investor confidence in Indian equities, making them more attractive than their regional counterparts. Foreign institutional investors have significantly increased their holdings in Indian stocks, encouraged by a stable political environment and a young, tech-savvy population driving domestic consumption. In contrast, Japan has faced stagnating growth and demographic challenges, which have made its markets less appealing. With continued momentum and strong fundamentals, India is expected to remain a key destination for equity investments in Asia.

Indore Declared India’s First Beggar-Free City

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  In a remarkable development, Indore has been declared the first beggar-free city in India, according to the District Magistrate. This announcement reflects the city's ongoing commitment to cleanliness, social welfare, and urban development. Authorities credited the success to coordinated efforts between local administration, police, and social organizations. Rather than simply removing beggars from public spaces, the initiative focused on rehabilitation — providing shelter, food, medical care, and skill-based training to help them lead dignified lives. Indore, already known for being India’s cleanest city for several years, now sets another benchmark in inclusive urban governance. The model could soon inspire other cities to adopt humane and sustainable methods to address homelessness and poverty.

Tesla Eyes Satara for New EV Assembly Plant

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  Tesla is reportedly scouting land parcels in Satara, Maharashtra, to establish an electric vehicle (EV) assembly plant. This move aligns with the company’s broader plans to expand its presence in India, tapping into the growing demand for sustainable transportation.  Satara, known for its strategic location and infrastructure connectivity, could serve as a key hub for Tesla’s manufacturing and distribution operations in the region. If finalized, the project may boost local employment and accelerate EV adoption in the country.

India Gears Up to Dominate 6G Era as 5G Connects 99% Villages: Jyotiraditya Scindia

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  India is rapidly advancing in the telecom sector, with Union Minister Jyotiraditya Scindia announcing that 99% of the country's villages are now connected through 5G services. This remarkable achievement marks a transformative moment for rural connectivity, enabling access to high-speed internet, digital education, and e-health services across the nation. Scindia emphasized that the government is not only focused on expanding 5G but also preparing to lead the global race for 6G technology. With indigenous research, infrastructure development, and public-private collaboration, India aims to become a pioneer in next-generation wireless innovation. This strategic push is expected to enhance India's digital economy, create new job opportunities, and position the country as a global technology powerhouse.

BrahMos Missile Production Set to Begin at Lucknow Facility

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  Production of the BrahMos supersonic cruise missile is set to commence soon at a new manufacturing unit in Lucknow, Uttar Pradesh. The facility, being developed with an investment of ₹300 crore, marks a significant step in boosting India’s defence manufacturing capabilities under the “Make in India” initiative. The Lucknow node of the Uttar Pradesh Defence Industrial Corridor will host the unit, which is expected to produce next-generation versions of the BrahMos missile. The project is a joint venture between India’s Defence Research and Development Organisation (DRDO) and Russia’s NPO Mashinostroyeniya. Once operational, the facility will create hundreds of direct and indirect jobs and play a crucial role in meeting domestic defence requirements and potential exports.

Uttar Pradesh Witnesses Record 725.12 Lakh Metric Tonnes of Food Grain Production in 2024–25; CM Hails the Farmers

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  In a historic achievement, Uttar Pradesh has recorded an all-time high food grain production of 725.12 lakh metric tonnes for the agricultural year 2024-25. This milestone marks a significant leap in the state's agricultural output, showcasing the resilience and hard work of its farmers. Chief Minister Yogi Adityanath lauded the farming community for their dedication and contribution to the state's food security. He attributed the success to timely government support, improved irrigation facilities, availability of quality seeds, and farmers' adoption of modern techniques. “This record-breaking production is a testament to the strength of our farmers and the effectiveness of our agricultural policies,” the Chief Minister stated. The achievement places Uttar Pradesh firmly as a leader in India’s agrarian landscape, reflecting both productivity and policy effectiveness.

India Surpasses US and Europe with Record 1,681 Locomotives in FY 2024–25

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  India has achieved a significant milestone in railway manufacturing by producing 1,681 locomotives in the fiscal year 2024-25, surpassing the output of both the United States and Europe. This record-breaking production reflects the country's growing self-reliance in heavy engineering and its commitment to modernizing rail infrastructure. Driven by the efforts of key manufacturing hubs like Chittaranjan Locomotive Works (CLW), Varanasi’s Banaras Locomotive Works (BLW), and the Electric Locomotive Factory (ELF) in Madhepura, India has expanded its capacity to meet both domestic and global demand. The locomotives produced are primarily electric, aligning with India’s push for sustainable transport and reduced carbon emissions. This achievement not only strengthens India's position as a global railway manufacturing hub but also supports export potential and job creation within the country.

Mumbai’s First Underground Rail Line Planned

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  Mumbai is set to build its first underground rail line, stretching 7.4 kilometers from Parel to Chhatrapati Shivaji Maharaj Terminus (CSMT). This ambitious project, estimated to cost ₹3,000 crore, aims to ease congestion on one of the city's busiest routes.  The underground corridor will enhance connectivity, reduce travel time, and mark a major step forward in Mumbai’s transportation infrastructure. Authorities are focusing on minimizing disruptions during construction, with completion expected within the next few years.

India and UK Seal Free Trade Agreement

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  Prime Minister Narendra Modi has officially announced the conclusion of a Free Trade Agreement (FTA) between India and the United Kingdom. This landmark deal aims to boost trade, investment, and economic cooperation between the two nations. After years of negotiations, the agreement is expected to reduce tariffs, open new market opportunities, and strengthen bilateral ties. Business leaders from both countries have welcomed the move, calling it a significant step toward deeper economic integration. The FTA marks a new era in India-UK relations.

Telangana Bags ₹1,500 Crore Compressed Biogas Investment from Biovest, Spantech & EcoMax Alliance

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  In a significant boost to its green energy sector, Telangana has secured a ₹1,500 crore investment for compressed biogas (CBG) projects from a consortium of three major firms—Biovest, Spantech, and EcoMax Energy. This alliance aims to establish multiple biogas plants across the state, utilizing agricultural and organic waste to produce clean fuel. The initiative aligns with Telangana’s push towards sustainable energy and rural economic development. It is expected to generate substantial employment, reduce dependence on fossil fuels, and support the central government's SATAT (Sustainable Alternative Towards Affordable Transportation) initiative. State officials welcomed the investment, emphasizing Telangana’s readiness with clear policies, infrastructure, and resource availability to support large-scale bioenergy ventures. The first phase of plant development is expected to begin later this year.

Universal Studios Eyes Delhi for First Indian Theme Park

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  In a major development for India's entertainment landscape, Universal Studios is reportedly in talks with Bharti Real Estate to establish its first theme park in the country.  The planned location is near Delhi's Indira Gandhi International Airport, signaling a strategic move to tap into India's growing tourism and leisure market. If the deal materializes, it could bring iconic Hollywood-themed attractions closer to millions of Indian fans and boost local employment and infrastructure development.