NITI Aayog proposes six national initiatives for India’s biotechnology sector. This roadmap aims for a $691 billion bioeconomy by the year 2035. These missions will strengthen capabilities in healthcare and agriculture. They also focus on industrial biotechnology and disease surveillance. The plan includes a Rs 50,000-crore growth fund.
With the launch of a hydrogen train, India has undoubtedly taken a big leap in the sphere of greener transportation. India’s first hydrogen-powered train has 10 coaches, with the capacity to carry 2,600 passengers. It will run between Jind and Sonipat in Haryana.
Gold price prediction today: Gold prices are favouring a buy on dips strategy, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.
Asian stock markets experienced significant selling pressure on Friday. Japan’s Nikkei 225 and Taiwan’s benchmark saw sharp declines. Concerns over artificial intelligence stock valuations and Middle East conflict weighed on investors. Oil prices extended gains as Middle East tensions escalated. US futures traded lower following a mixed session on Wall Street.
The sharp rally in Indian equities came even as global markets remained under heavy pressure. Japan’s Nikkei tumbled more than 5%, while Taiwan’s Weighted Index plunged 6% as the sell-off in semiconductor stocks continued.
India’s first hydrogen train is a 10-coach passenger offering. According to Indian Railways, globally the few operational or under testing hydrogen trains have 2-3 passenger coaches, making India’s first hydrogen train the longest of its type in the world.
The rupee opened stronger against the US dollar on Friday, gaining fourteen paise in early trade. Upbeat equity markets provided support for the domestic currency’s early gains. However, sustained foreign fund outflows and firm crude oil prices capped further appreciation. Geopolitical tensions in the Middle East kept investors cautious towards emerging market currencies. The rupee
Prime Minister Narendra Modi will launch development projects exceeding twenty-four thousand eight hundred crore rupees. These initiatives span highways, railways, healthcare, and education infrastructure across three regions. The visit includes flagging off India’s first hydrogen-powered train from Jind to Sonipat. He will also inaugurate completed projects and lay foundation stones for new developments. This significant
Oil prices surged as escalating US-Iran military tensions raised supply disruption concerns. Brent crude traded at $85.34 and WTI crude at $80.08 per barrel. Recent US strikes aimed to degrade Iranian military capabilities, while Iran retaliated against regional allies. Renewed hostilities revived fears of a broader conflict and threats to the Strait of Hormuz. Iran
