Odisha’s new Rs 8,300 crore coastal highway project poised to spur economic growth

IANS | July 19, 2026 3:31 PM

New Delhi, July 19 (IANS) Odisha’s coastline is set to witness a major transformation with the construction of the new 160.18 km Rameshwar–Paradeep Coastal Highway project to be developed by the Ministry of Road Transport & Highways (MoRTH) with a total capital cost of Rs 8,300.79 crore, according to an official factsheet issued on Sunday.

Low rates, rising savings signal China may be heading into a liquidity trap

IANS | July 19, 2026 2:22 PM

New Delhi, July 19 (IANS) China is showing increasing signs of slipping into a liquidity trap, with record-low interest rates, abundant bank liquidity and aggressive credit expansion failing to revive consumer spending, business investment or economic growth, according to recent economic data.

Vikram-1 success showcases India's innovation strength: TDB-DST

IANS | July 19, 2026 11:25 AM

New Delhi, July 19 (IANS) The Technology Development Board (TDB) under the Department of Science and Technology (DST) on Sunday congratulated Skyroot Aerospace on the successful Vikram-1 mission, describing it as a watershed moment for India's private space sector that reinforces the country's emergence as a global hub for indigenous space technologies and deep-tech innovation.

Govt extends ALMM relief for select solar projects till December

IANS | July 18, 2026 9:01 PM

New Delhi, July 18 (IANS) The government has extended the exemption from mandatory sourcing of Approved List of Models and Manufacturers (ALMM) List-II solar PV cells for net metering and open access renewable energy projects till December 31, while making it clear that there will be no blanket extension of the policy for all solar projects, an official statement said on Saturday.

Space startup success creating jobs, boosting space economy: ISRO Chairman

IANS | July 18, 2026 8:38 PM

New Delhi, July 18 (IANS) The successful flight test of Vikram-1 marks a ‘historic milestone’ for India's space ecosystem, ISRO Chairman Dr V. Narayanan said on Saturday, highlighting the rapid growth of the country's private space sector and the increasing role of startups in driving the space economy.