Union Cabinet Approves Rs 15 Billion Incentive for BHIM-UPI Growth

RVNL Shares Rise on Rs 1.15 Billion Central Railway Contract

Rail Vikas Nigam Limited (RVNL) shares rose by eleven per cent on May sixteen following the company’s announcement of a new contract win worth approximately Rs 1.15 billion. The letter of award was issued by Central Railway for overhead equipment (OHE) modification work in the Itarsi–Amla section under Nagpur Division.The project involves upgrading the existing 1×25 kilovolt electric traction system to 2×25 kilovolts to support a loading target of three thousand metric tonnes. The work is scheduled for completion within twenty-four months.At 11:47 AM on the Bombay Stock Exchange, RVNL wa..

India Sets Up First Carbon Capture Testbeds for Cement Industry

The Department of Science and Technology (DST) recently unveiled a pioneering national initiative: five Carbon Capture and Utilisation (CCU) testbeds in the cement sector, forming a first-of-its-kind research and innovation cluster to combat industrial carbon emissions.This is a significant step towards India’s Climate Action for fostering National Determined Contributions (NDCs) targets and to achieve net zero decarbonisation pathways for Industry Transition., towards the Government’s goal to achieve a carbon-neutral economy by 2070.Carbon Capture Utilisation (CCU) holds significant impor..

Mumbai–Ahmedabad Bullet Train Set for 2028 Launch

India’s first bullet train service, connecting Mumbai and Ahmedabad, is scheduled to launch in 2028. The high-speed corridor spans five hundred eight Km and will reduce travel time between the two cities from nearly eight hours to three.The National High-Speed Rail Corporation Ltd is overseeing the project, with rapid progress reported in Gujarat. Initial delays in Maharashtra due to land acquisition and environmental clearances have been addressed, enabling construction of the underground terminal in Mumbai and other critical sections.The route includes twelve stations such as Thane, Virar,..