Author: News Desk

Ashwini Vaishnaw, Minister of IT and Electronics, announced at the CII Annual Business Summit that India will roll out its first domestically manufactured semiconductor chip with a 28-90 nanometer (nm) process this year. He shared that six manufacturing units are currently under construction, with production having started in 2022. The 28-90 nm chips are vital for sectors like automotive, telecom, power, and railways. Smaller nanometer chips mean more compact designs, enabling better performance. Balancing Manufacturing and Services for GrowthVaishnaw stressed the importance of both manufacturing and services sectors in India’s economic growth. He emphasized the need for India to develop…

NASA astronauts Butch Wilmore (62) and Suni Williams (59) have completed their rehabilitation following a prolonged nine-month stay on the International Space Station (ISS), far exceeding the planned eight-day mission aboard Boeing’s Starliner capsule. They returned to Earth in March and spent 45 days undergoing post-mission recovery to regain muscle strength, balance, and adapt to Earth’s gravity. Both astronauts faced physical challenges. Wilmore experienced recurring neck pain that had vanished during his time in space, while Williams dealt with sluggish mornings as her body reactivated dormant muscle groups. They participated in two-hour daily rehabilitation sessions with NASA’s medical team. Resuming…

BSNL has reported consistent quarterly net profits for the first time in 17 years. Union Minister for Communications Jyotiraditya Scindia announced that the state-run telecom company recorded a net profit of ₹280 crore in the January–March quarter of FY 2024–25. This follows a profit of ₹261 crore in the previous quarter (Q3 FY25). Significant Financial TurnaroundScindia emphasized that this marks the first instance since 2007 where BSNL has achieved net profit—not just operational or EBITDA profit—in consecutive quarters. He called it a result of the government’s focused, reform-driven strategy under the leadership of Prime Minister Narendra Modi. Reduction in Annual…

Harvesting Robotics, a Hyderabad-based startup, has gained viral attention for hiring a golden retriever named Denver as its Chief Happiness Officer (CHO). Co-founder Rahul Arepaka introduced Denver through a popular LinkedIn post, announcing the office is now officially pet-friendly. Denver’s Role and Impact In the post, Arepaka described Denver as a heart-stealer who boosts morale without coding or caring about office stress. He added, “Best decision. BTW: He’s got the best perks in the company.” The move to bring Denver into the team was praised by Arepaka as one of the most positive steps they’ve taken. Online Reactions The announcement…

Coolie, directed by Lokesh Kanagaraj and starring superstar Rajinikanth, is one of India’s most anticipated films. The cast includes big names like Aamir Khan, Nagarjuna, Upendra, and Pooja Hegde. Produced by Sun Pictures, the movie is scheduled for release on August 14, 2025, in multiple Indian languages including Tamil, Telugu, and Hindi. High Production Costs The film’s budget is estimated at a staggering Rs 375 crore. Rajinikanth is reportedly paid Rs 150 crore, making him one of the highest-paid actors in the country. Director Lokesh Kanagaraj earns Rs 50 crore, setting a new record for Indian filmmakers. The remaining Rs…

State-owned BEML is set to start manufacturing India’s first bullet train prototype in September at its Bengaluru facility, which also makes Vande Bharat sleeper trains. The prototype is planned for speed testing by December 2026, said BEML chairman and managing director Shantanu Roy. BEML has secured the contract to design, build, and commission two high-speed trainsets. Currently, the design work is ongoing and expected to be completed in a few months, with manufacturing beginning in September. The project involves advanced technologies in passenger safety, sheet metal work, welding, signalling, and train control systems, Roy explained. Last October, the Integral Coach…

Schaeffler India Limited has opened its fifth manufacturing facility in Shoolagiri, Tamil Nadu. The new 16,500 sq. m. plant will produce powertrain components, including those for hybrid systems like planetary gears and hybrid transmission parts. It marks a major step in Schaeffler’s growth in India. Focus on Indian Market and Global Supply The facility is part of a broader 108,000 sq. m. land development, with full-scale production expected by Q4 2025. It will primarily serve the Indian automotive sector but will also contribute to Schaeffler’s global operations. Top-Level Presence at Inauguration The inauguration was attended by Georg F.W. Schaeffler, Chairman…

India has adopted a new execution model for its indigenous fifth-generation stealth fighter jet, the Advanced Medium Combat Aircraft (AMCA). Under this model, private companies are now allowed to bid for the project alongside the state-run Hindustan Aeronautics Limited (HAL). This marks a significant policy shift from India’s earlier stance where only HAL handled fighter aircraft production. Equal Opportunity for Public and Private Players The new model was approved by Defence Minister Rajnath Singh and is designed to fast-track prototype development and aircraft induction by leveraging a stronger domestic aerospace industry. Both private companies and public sector undertakings can now…

Nissan, present in India since 1965 when it licensed the iconic Jonga for the Indian Army, has confirmed it will remain active in the Indian market. Despite divesting its stake in the Renault-Nissan Alliance plant in Chennai, the company is preparing to launch two new models within the next year. Two New Models Planned Nissan Motor India Managing Director Saurabh Vatsa announced that the company will introduce a 7-seater B-segment MPV by early 2026, similar in category to the Renault Triber. Following that, a C-segment SUV, likely based on the next-generation Renault Duster, is expected by mid-2026. A 7-seater version…

Former RBI Governor Raghuram Rajan believes India is well-positioned to gain from the global trend of diversifying supply chains away from the US, if it acts quickly. Speaking to CNBC-TV18 on May 28, Rajan emphasized that multinational companies are reconsidering their supply networks, creating an opportunity for India to attract more foreign direct investment (FDI). Predictable Policies Key to Growth Rajan stressed the importance of India offering a stable and predictable tax and policy environment to appeal to foreign investors. He warned against overreliance on subsidies and advocated for building a sustainable, long-term production ecosystem. Proactive Approach Needed As global…