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.
The company released six initial reports involving concealed mistakes, fabricated information, exposed software keys and unauthorized file uploads, while investigations may continue after publication.
Semicon 2.0 will focus on expanding India’s semiconductor ecosystem across chip design, manufacturing, packaging, equipment, materials, research and talent development, Union Minister Ashwini Vaishnaw said at SEMICON India 2026.
CII President R Mukundan said changes related to the Merchant Discount Rate (MDR) on UPI transactions need to balance the security of digital payments with rising capital expenditure. He also highlighted opportunities to expand BRICS trade and investment by reducing non-tariff barriers, aligning standards and improving cross-border movement of goods.
The Coal Ministry has advised Uttar Pradesh to expedite development of its captive Saharpur Jamarpani coal block in Jharkhand to strengthen long-term fuel security for thermal power plants. The ministry said UPRVUNL plants had 8.41 lakh tonnes of coal stock as of September 15 and were not in the critical-stock category.
Fintech leaders Bipin Preet Singh of MobiKwik and Sameer Nigam of PhonePe highlighted the expansion of India’s digital payments and fintech ecosystem on Prime Minister Narendra Modi’s 76th birthday. They discussed the growth of UPI, financial inclusion, entrepreneurship and the proposed UPI Merchant Discount Rate (MDR).
At SEMICON India 2026, Prime Minister Narendra Modi highlighted India’s progress in semiconductors, fintech and logistics, citing 7.8% economic growth in the latest quarter and around 3,000 km of operational dedicated freight corridors. Electronics and IT Minister Ashwini Vaishnaw said Semicon 2.0 will focus on chip design, fabs, advanced packaging, R&D, talent, and machines and materials.
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