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.
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 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.
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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.
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 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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