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TECHNOLOGY

India’s GDP Could Reach $38 Trillion in 20 Years: NSA Ajit Doval

National Security Advisor Ajit Doval said India is moving through a transformative phase with significant opportunities for economic growth, innovation and development. Addressing the convocation at IIT Roorkee, Doval said India’s GDP, currently around $4.015 trillion, could reach $38 trillion within the next 20 years. He also urged students to approach their careers with courage, conviction and clear goals.

Asset monetisation proposals worth over Rs 5,000 crore recommended in NLMC meet: Govt

The government said asset monetisation proposals involving assets worth over Rs 5,000 crore were recommended during the National Land Monetization Corporation Limited (NLMC) Board meeting. The proposals cover surplus land and building assets of Central Public Sector Enterprises (CPSEs) and other government entities. The NLMC Board also reviewed progress on asset monetisation and discussed measures to speed up the process through transparent and commercially appropriate mechanisms.

India’s Semiconductor Demand May Double to $90 Billion by 2029-30: Report

India’s semiconductor demand could nearly double to $90 billion by 2029-30 from around $44 billion in 2025-26, according to a report by KPMG in India, India Deep Tech Alliance and Nishith Desai Associates. Mobile and wearables are expected to remain the largest demand segment, while India also has opportunities in chip design, advanced packaging, equipment, materials and semiconductor R&D.

AI

AI must remain under human control, says Microsoft CEO

Satya Nadella calls for US-China understanding and global norms involving governments and technology companies to govern powerful AI systems.

Indian Railways expands passenger, freight capacity with new projects in Maharashtra, Telangana

Indian Railways has approved two major projects aimed at expanding passenger and freight capacity in Maharashtra and Telangana. The Rs 497-crore doubling of the 10.86-km Chouk-Karjat section is expected to enable five additional passenger trains in each direction daily and support 18.35 MTPA of freight traffic. A Rs 493-crore, 38.21-km new rail line between Mukutban and Gadchandur will improve connectivity to industrial and mining clusters and support 6.08 MTPA of freight traffic.

World is looking towards Hyderabad for knowledge, innovation and investment: Revanth Reddy

Telangana Chief Minister A. Revanth Reddy said the world is looking towards Hyderabad not only for investments and business but also for knowledge, skills, talent and innovation. He said Harvard Executive Education programmes will be offered in Hyderabad from December 2026, while collaborations with institutions including MIT, Purdue, University of London, Virginia Tech and Northeastern University are also underway.

India, Nepal Discuss Easing Trade Barriers, Strengthening Customs and Transit Connectivity

India and Nepal reviewed measures to facilitate bilateral trade and transit connectivity during a two-day Inter-Governmental Sub-Committee meeting in New Delhi. Discussions covered market access for agricultural, dairy, pharmaceutical and other products, customs cooperation, electronic Certificates of Origin, border infrastructure, rail and road connectivity, and Integrated Check Posts. Both sides also discussed measures to prevent unauthorised trade and address operational bottlenecks.

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