
ISRO is setting up an Advanced Radar Research Centre at Chandrapur in Assam under Project NETRA to strengthen India’s ability to track objects in space and protect critical space assets. The facility will enhance the country’s space situational awareness capabilities.

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.

India currently accounts for nearly 20 per cent of the global semiconductor design workforce, IT Secretary S. Krishnan said at SEMICON India 2026. The government is placing strong emphasis on semiconductor skills and plans to train around 85,000 design engineers under its ongoing programme. Krishnan said India’s skilled talent pool, stable policy environment and government support are attracting major domestic and global companies to invest in the semiconductor sector. The event has also witnessed participation from countries including Japan, South Korea, Taiwan, Singapore and Malaysia, highlighting growing international interest in India’s semiconductor ecosystem.

India’s EOS-05 satellite could significantly strengthen the country’s space-based intelligence, surveillance and reconnaissance (ISR) capabilities, according to a report by The Diplomat. Launched aboard GSLV-F17 on September 4, EOS-05 is India’s first dedicated imaging satellite from geostationary orbit and is designed to provide persistent observation of the subcontinent. The satellite could enable more continuous monitoring of military movements, strategic assets and force mobilisation, particularly during periods of heightened tensions with Pakistan. The development is part of India’s broader Space Based Surveillance Phase-III (SBS-III) programme to expand its defence satellite network.

Foreign institutional investors (FIIs) remained net sellers in the Indian equity market for the fifth consecutive week, offloading Rs 7,620 crore, while domestic institutional investors (DIIs) invested Rs 11,232 crore during the week. Analysts said sustained FII selling and global headwinds could keep markets volatile, while domestic institutional buying may provide support. Investors will track Brent crude prices, US-Iran developments and upcoming PMI data for further market cues.

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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