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New rules allow mining lease holders to expand their areas. This applies to deep-seated minerals and associated minerals. The contiguous area can be up to 10% for mining leases and 30% for composite licenses. Holders of auctioned leases will pay 10% of auction premium on dispatched minerals from the added area. Others will pay extra royalty. The Ministry of Mines has notified rules allowing inclusion of contiguous area in the mining lease and composite licence of deep-seated minerals. An offici ...Read More >
New Delhi, Apr 4 (PTI) The defence ministry has initiated the process for the indigenous design and development of a 1000-kg aerial bomb akin to Mk-84 for the IAF, aiming to boost India's 'Aatmanirbharta' in the sector, according to senior officials. The project is structured in two phases. The first involves design and development of six prototypes (live and inert), including associated tail units and equipment, they said. The second is the procurement phase, which will commence with the issu ...Read More >
New Delhi: The ministry of defence has initiated the process for indigenous design and development of a 1,000-kg aerial bomb for the Indian Air Force (IAF), similar to the Mk-84 class, as part of efforts to enhance self-reliance. Officials said the project has been structured in two phases. The first phase involves design and development of six prototypes, both live and inert, along with associated tail units and equipment. The second phase will focus on procurement, to be taken up through a co ...Read More >
The Business Research Company's Carbon Fiber Composites In Aerospace Market Report 2026 - Market Size, Trends, And Global Forecast 2026-2035 LONDON, GREATER LONDON, UNITED KINGDOM, March 30, 2026 /EINPresswire.com/ -- "The carbon fiber composites in aerospace market are dominated by a mix of global aerospace material manufacturers and specialized advanced composite firms. Companies are focusing on high-strength lightweight carbon fiber composites, resin systems, thermoplastic and thermoset mate ...Read More >
Bengaluru (Karnataka)/ Hosur (Tamil Nadu) [India], April 1: Merlinhawk Composites and Engineering Pvt. Ltd., a joint venture between Merlinhawk Aerospace Pvt. Ltd., India, and Vega Composites, Italy, today marked an important milestone with the ceremonial pooja ahead of the commissioning of its advanced composites manufacturing facility at Shoolagiri in the Tamil Nadu Defence Industrial Corridor. Also Read | Who Is Sahiba Bali? IPL 2026 Anchor and Actress Facing Backlash Over 'The Kashmir Files ...Read More >
Bengaluru / Hosur : Merlinhawk Composites and Engineering Pvt. Ltd., a joint venture between Merlinhawk Aerospace Pvt. Ltd., India, and Vega Composites, Italy, today marked an important milestone with the ceremonial pooja ahead of the commissioning of its advanced composites manufacturing facility at Shoolagiri in the Tamil Nadu Defence Industrial Corridor. The state-of-the-art facility will focus on the manufacture of advanced composite aero structures and materials for aerospace and defence a ...Read More >
The government has cancelled the auction of 11 critical and strategic mineral blocks in the sixth round due to poor investor response and a lack of qualified bidders. Five blocks received no bids, five had fewer than three technically qualified bidders, and the Beku Rare Metal Block in West Bengal was also annulled. The government has cancelled the auction of 11 critical and strategic mineral blocks which were put on sale in the sixth round on account of poor investor response and lack of quali ...Read More >
New Delhi, Mar 31 (PTI) The government has cancelled the auction of 11 critical and strategic mineral blocks which were put on sale in the sixth round on account of poor investor response and lack of qualified bidders. The development comes as a setback to the government's efforts to ramp up domestic exploration and production of critical minerals amid global supply chain disruptions. In an annulment notice, the mines ministry said that the auction process for 5 mineral blocks was cancelled si ...Read More >
Mumbai, India - A Unit Linked Insurance Plan (ULIP) is a financial instrument that strategically combines essential life insurance coverage with market-linked investment growth in a single policy. During periods marked by frequent and rapid changes in financial markets, ULIPs from platforms like Tata AIA have demonstrated notable growth. These plans offer policyholders life cover to secure their future, coupled with the handy feature to adjust their investment allocation. This dual capacity assi ...Read More >
Hyderabad: After its pivotal contributions to India's aerospace and defence sectors, Hyderabad is now witnessing a new wave of innovation with pioneering startups such as Skyroot Aerospace and Dhruva Space, deputy chief minister Bhatti Vikramarka said on Wednesday.Speaking at Bioinspired Frontiers 2025, a first-of-its-kind conference held to explore the intersections of biomimicry, space exploration, and sustainable economic development, Bhatti said Hyderabad shaped India's scientific destiny fo ...Read More >
New rules aim to speed up mine operations. Intermediary timelines and penalties are introduced for delayed production. Incentives like reduced duties are offered for faster output. Over 585 mines have been auctioned since 2015. The government wants to boost mineral production by ensuring timely operationalisation of these mines. The centre has amended Mineral (Auction) Rules, 2015, introducing intermediary timelines, aiming to speed up operationalisation of bid out mines. An official statement ...Read More >
The Tejas is not an amazing aircraft. But it gave India the seeds of an indigenous defense industry capable of taking on more complex aerospace programs in the future. The HAL Tejas is India's first ever domestically developed supersonic combat aircraft, marking a variety of significant milestones from political to industrial to aerospace performance. Designed as a light, single-engine multirole fighter, the Tejas emphasizes agility, low weight, and modern avionics rather than size or power. W ...Read More >
Railway Minister Ashwini Vaishnaw announced the Mumbai-Ahmedabad high-speed rail corridor is expected to be operational by 2029. The 508-km bullet train project, India's first, is progressing as planned with Japan's support. Despite past delays, authorities note an improved pace of work recently. The entire Mumbai-Ahmedabad high-speed rail corridor is expected to be operational by 2029, Railway Minister Ashwini Vaishnaw said on Saturday. Speaking in Surat, Vaishnaw added that work on the proje ...Read More >
New Delhi, Sep 29 (UNI) The Index of Industrial Production (IIP) growth rate for the month of August is 4.0 pc, which was 3.5pc (Quick Estimate) in the month of July 2025, said the Ministry of Statistics and Programme Implementation today. Growth rates of three sectors, Mining, Manufacturing, and Electricity, for the month of August 2025 are 6.0 percent, 3.8 percent, and 4.1 percent, respectively. "Quick Estimates of IIP stands at 151.7 against 145.8 in August 2024. The Indices of Industrial P ...Read More >
Hyderabad (Telangana) [India], September 26 (ANI): The Telangana government is working with a clear vision to position the State as the 'Aerospace Capital of India', said IT and Industries Minister Duddilla Sridhar Babu on Friday. According to a release, the Minister chaired a brainstorming session with leading aerospace entrepreneurs and experts at the Dr B.R. Ambedkar Telangana Secretariat, organised in collaboration with the FICCI Telangana Aerospace and Defence Committee. The discussions fo ...Read More >
Hyderabad (Telangana) [India], September 26 (ANI): The Telangana government is working with a clear vision to position the State as the 'Aerospace Capital of India', said IT and Industries Minister Duddilla Sridhar Babu on Friday. According to a release, the Minister chaired a brainstorming session with leading aerospace entrepreneurs and experts at the Dr B.R. Ambedkar Telangana Secretariat, organised in collaboration with the FICCI Telangana Aerospace and Defence Committee. The discussions fo ...Read More >
Hyderabad (Telangana) [India], September 26 (ANI): The Telangana government is working with a clear vision to position the State as the Aerospace Capital of India, said IT and Industries Minister Duddilla Sridhar Babu on Friday. According to a release, the Minister chaired a brainstorming session with leading aerospace entrepreneurs and experts at the Dr B.R. Ambedkar Telangana Secretariat, organised in collaboration with the FICCI Telangana Aerospace and Defence Committee. The discussions focu ...Read More >
NEW DELHI: EC on Thursday revised the rules relating to counting of postal ballots, making it mandatory for all postal ballot papers to be counted before the penultimate round of EVM/VVPATs counting is taken up.The new practice will be first implemented in Bihar where assembly polls are due in Nov.This restores the arrangement prior to May 2019, when EC had changed the guidelines to allow EVM counting to proceed regardless of postal ballot counting stage. The 2019 change did not rule out chances ...Read More >
Jammu, Sep 25: Three faculty members from the University of Jammu have been named in the prestigious Stanford-Elsevier Top 2% Scientists List 2025, highlighting their global impact in nanotechnology and environmental sciences, the university said Thursday. As per a statement issued by the university, compiled by Stanford University in collaboration with Elsevier, this database is regarded as one of the most comprehensive global assessments of scientific excellence and influence. It evaluates r ...Read More >
Ajmer (Rajasthan) [India], July 20 (ANI): Following incessant heavy rainfall for two consecutive days, the Anasagar Chaupati area in Ajmer was waterlogged on Sunday morning. As the lake overflowed, the residential areas bore the brunt. Traffic movement on the route has been halted; only large vehicles are permitted to move here, while small vehicles and two-wheelers are not being allowed. Earlier, the Ana Sagar lake in Rajasthan Ajmer overflowed on Saturday morning, following incessant rain, ...Read More >
Guwahati, July 20: The Northeast Frontier Railway (NFR) is in the final stages of preparing the tender for the long-awaited second rail-cum-road bridge over the Brahmaputra at Saraighat, with the project expected to be completed by December 2029. Sanctioned during the 2023-24 financial year at an estimated cost of Rs 1,473.77 crore, the bridge will form part of the doubling of the Agthori-Kamakhya railway line. Senior NFR officials confirmed that engineering, procurement and construction (EPC) ...Read More >
Guwahati, The construction of a second rail-cum-road bridge over the Brahmaputra at Saraighat in Guwahati is expected to commence soon, an official said on Saturday. The tender is likely to be finalised shortly, and construction work will start immediately after it, he said. This second bridge at Saraighat was sanctioned as part of the doubling of the Agthori-Kamakhya railway line under Northeast Frontier Railway . It was sanctioned in 2023-24 with an estimate of ₹1,473.77 crore, and is targ ...Read More >
Guwahati: Work on the second Saraighat rail-cum-road bridge over the Brahmaputra in Guwahati will start soon, with tenders to be opened next month, followed by work allotment, officials said on Saturday.While this major infrastructure project was sanctioned during the FY 2023-24 with an estimated cost of Rs 1,473.77 crore, Northeast Frontier Railway (NFR) on Saturday said the bridge is targeted for completion by Dec 2029. This bridge at Saraighat has been sanctioned as part of the doubling of th ...Read More >
Chennai: A wheelchair developed by IIT Madras that is 50% lighter than similar existing models and costs one third of them was launched on Wednesday. Named YD One, after the late paraplegic rehabilitation advocate S Vaidyanathan, the wheelchair is made of aerospace-grade aluminium and can be customised to suit a user's body, posture, and daily mobility needs.Weighing 8.5kg, YD One was developed by engineers at the TTK Centre for Rehabilitation Research and Device Development (R2D2) at IIT-M in c ...Read More >
MUMBAI: The proposed 50% import duty on copper by US President Donald Trump is expected to have minimal impact on India due to its limited exports to America. Hindalco, the nation's largest copper manufacturer, does not send any copper shipments to the US owing to the huge domestic demand. India's copper exports to the US are under $300 million. Copper, used in wires, cables, power transformers and electric motors, sees robust domestic demand, particularly due to the country's focus on renewable ...Read More >
Gabriel India Share Price: Gabriel India Target Price Raised to Rs 1,115 by Elara Securities as Company Transforms into Multi-Product Player Gabriel India Share Price: Gabriel India Target Price Raised to Rs 1,115 by Elara Securities as Company Transforms into Multi-Product Player Elara Securities has sharply increased its target price on Gabriel India Ltd to Rs 1,115 from Rs 666 -- a 67% jump -- citing the company's strategic transition from a single-product to a multi-product portfolio. This ...Read More >
Mumbai: Apollo Hospitals Enterprises (AHEL), the country's largest listed healthcare chain, and its subsidiary Apollo HealthCo have decided to demerge their omnichannel pharma and digital health businesses (24x7 telehealth business) into a new entity that garners nearly $2 billion in annual revenues - already a record for India's fragmented drug-retailing industry. The business will be separately listed later. The composite scheme creates a formidable omnichannel pharmacy distribution and digit ...Read More >
New Delhi: Global goods trade posted a strong uptick in early 2025 but weakening export orders suggest that this momentum may not be sustained, the World Trade Organisation (WTO) Thursday said in its Goods Trade Barometer. The uptick was driven by importers frontloading purchases ahead of anticipated higher tariffs. The barometer rose to 103.5 up from 102.8 in March while the forward-looking new export orders index fell to 97.9 pointing to weaker trade growth later in the year. The barometer is ...Read More >
New Delhi, Jun 5 (PTI) Business conglomerate Aditya Birla Group has acquired Cargill's speciality chemical manufacturing facility in Dalton, Georgia. In a statement on Thursday, the group announced the expansion of its US Advanced Materials business with the acquisition of Cargill Incorporated's 17-acre speciality chemical manufacturing facility in Dalton, Georgia. The acquisition continues Aditya Birla's expansion in the US' manufacturing sector, a key aspect of Aditya Birla's growth strategy ...Read More >
New Delhi, Jun 5 (PTI) Business conglomerate Aditya Birla Group has acquired Cargill's speciality chemical manufacturing facility in Dalton, Georgia. In a statement on Thursday, the group announced the expansion of its US Advanced Materials business with the acquisition of Cargill Incorporated's 17-acre speciality chemical manufacturing facility in Dalton, Georgia. Also Read | Who Is Pinaki Misra? From Age to Family Background and Net Worth, Here's All About BJD Leader With Whom Mahua Moitra R ...Read More >
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