Government disburses Rs.414.15 bn interest subsidy under PMAY-U

AGNI Launches Industry Benchmarking Drive

The Association of Global NICMARians (AGNI), the alumni body of NICMAR, hosted ASPIRE 2026 in Mumbai under the theme ‘Innovation to Transformation’. The symposium brought together professionals from construction, infrastructure, real estate and project management to discuss technology, AI, sustainability and data-led decision-making.At the event, AGNI announced its vision to emerge as an industry think tank and launched initiatives including an Industry Benchmarking Programme. It also proposed a digital ecosystem with tools for innovation impact assessment, salary benchmarking, company ben..

BonV Aero Launches Air Hans Drone

BonV Aero has launched Air Hans, a heavy-lift drone designed to support last-mile logistics across India’s difficult mountain, border and remote regions. The UAV is built to operate in challenging terrain where snowfall, landslides and poor road access often disrupt supply chains.Air Hans can carry a 20 kg payload over a 12 km range and operate at altitudes of up to 16,500 ft above mean sea level. Built on an aerospace-grade aluminium composite frame, the drone is designed to withstand wind gusts of up to 35 km per hour.The platform has already been tested in demanding environments. BonV Aer..

Balu Forge Secures Artillery Shell Order

Balu Forge Industries has secured an initial contract to supply 30,000 units of 152 mm artillery shells to a major Indian energetics player. Supplies under the order are scheduled to commence in June 2026, marking a key step in the company’s expansion into the domestic defence sector.The order is expected to scale up to more than 100,000 shells with additional variants. The agreement also provides for the inclusion of further ammunition variants in the production pipeline, enabling the company to address evolving artillery requirements.The order will be executed through BFIL’s fully automa..