EtherealX, a fast-rising Indian space technology startup positioning itself as a domestic rival to SpaceX, has recorded a sharp jump in valuation as it accelerates work on its fully reusable rocket. The Bengaluru-based company has reached a valuation of $80.5 million following a fresh funding round, marking a more than…
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NITI Aayog Releases Export Preparedness Index (EPI) 2024
NITI Aayog on Tuesday released the Export Preparedness Index (EPI) 2024, offering a comprehensive assessment of export readiness across India’s States and Union Territories. The index highlights the critical role of subnational economies in driving India’s global trade ambitions and achieving the target of USD 1 trillion in merchandise exports…
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CCI Clears ChrysCapital-Led Acquisition of Nash Industries
The Competition Commission of India (CCI) has granted approval for the acquisition of a stake in Nash Industries (I) Private Limited by a consortium of private equity investors led by ChrysCapital Fund X, along with Two Infinity Partners and Blue Wave Investments Limited. The regulatory clearance marks a significant development…
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Netflix, PSA Conclude Inspiring Innovators Project
The Office of the Principal Scientific Adviser (OPSA) to the Government of India on January 13 marked the culmination of ‘Inspiring Innovators – Naye Bharat Ki Nayi Pehchaan’, a national skilling initiative developed in collaboration with the Netflix Fund for Creative Equity. The closing ceremony was held in New Delhi,…
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India’s Project-75I: Submarines Shift China-Pak Game
India’s decision to move decisively ahead with Project-75I marks a defining moment in the country’s maritime security strategy. The ₹72,000-crore ($8 billion) programme to build six next-generation conventional submarines reflects New Delhi’s intent to counter rising undersea challenges from both Pakistan and China while strengthening indigenous defence manufacturing.As German Chancellor…
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Budget 2026: Mining Policy Targets Silver, Copper
The Union Budget for 2026–27 is expected to introduce a dedicated mining policy aimed at reducing India’s dependence on imported metals and boosting domestic production of silver, copper and zinc. People familiar with policy discussions say the move is intended to support the government’s broader manufacturing push at a time…
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No RAC, 400-km Minimum Fare for Vande Bharat Sleeper Trains
Indian Railways has formally notified the fare structure for the upcoming Vande Bharat Sleeper Express trains, introducing a major shift in long-distance rail travel. The premium overnight service will operate without the Reservation Against Cancellation (RAC) facility and will charge passengers a minimum fare equivalent to a 400-kilometre journey, regardless…
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PM Modi Calls Saurashtra-Kutch India’s Growth Anchor at VG Summit
Prime Minister Narendra Modi on Sunday delivered a strong pitch for investment in Gujarat’s Saurashtra and Kutch regions, describing them as emerging anchor regions of India’s growth amid global uncertainty. Addressing the Vibrant Gujarat Regional Conference in Rajkot, the Prime Minister said India is entering a decisive decade powered by…
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Piyush Goyal’s Brussels Visit Boosts India-EU FTA Talks
Union Minister of Commerce and Industry Shri Piyush Goyal’s recent visit to Brussels has given fresh momentum to the long-pending India-European Union Free Trade Agreement (FTA), with both sides reaffirming strong political commitment to conclude a modern and mutually beneficial deal. The two-day visit, held on January 8 and 9,…
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Aatmanirbharta in Defence Vital for India’s Strategic Autonomy
Emphasising that self-reliance in defence is no longer a choice but a national necessity, Defence Secretary Shri Rajesh Kumar Singh on Friday said India stands at a decisive moment in its defence and industrial journey. Addressing the Defence Skilling Conclave on Defence, Aerospace and Strategic Sector Skill Development in Chandigarh,…