Indian Economy News

December 24, 2025

ISRO Successfully Launches US AST SpaceMobile’s BlueBird Block-2 Communication Satellite

ISRO successfully launches AST SpaceMobile’s heaviest commercial satellite using LVM3, reinforcing India’s leadership in global space and satellite communications.

Indian Railway’s first high-speed test track to be ready by March 2026; trains to be tested at 220 kmph speed

India’s first dedicated high-speed rail test track in Rajasthan is on track for completion by March 2026, enabling Indian Railways to test trains up to 220 kmph and boost high-speed rail readiness.

Industrial Parks Facilitating Smarter Infrastructure and Stronger Industrial Growth

India expands its industrial landscape with 4,500+ mapped parks and a Rs. 2,500 crore (US$ 301 million) push for plug-and-play facilities, supported by new rating systems to draw investment and bolster growth.

CISC underscores the strategic importance of critical minerals for defence preparedness and Viksit Bharat 2047

A high-level Centre for Joint Warfare Studies (CENJOWS) roundtable in New Delhi highlighted the strategic importance of critical minerals for India’s defence preparedness and technological sovereignty, urging enhanced national efforts across the mineral value chain.

L&T onshore vertical bags 'major' order from BPCL to build India's largest flexible petrochemical plant

L&T’s Hydrocarbon Onshore business wins a major EPC order from BPCL to build India’s largest flexible petrochemical plant, with an estimated value of Rs. 5,000 crore (US$ 600 million) to Rs. 10,000 crore (US$ 1.2 billion), marking a key milestone in domestic petrochemical capacity expansion.

Mangalam group to invest Rs. 1,000 crore (US$ 120 million) to expand hospitality portfolio

Manglam Group plans to invest Rs. 1,000 crore (US$ 120 million) to expand its hospitality footprint, signalling confidence in India’s burgeoning tourism and hotel demand.

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