| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (101789) | |
1. India records 37% rise in new firms entering business
- On March 5, 2026, data released in New Delhi, India, showed new company registrations rose 37% year-on-year to 24,136 in February, indicating strong entrepreneurial activity and improving business sentiment across the country.
- According to industry experts such as AKM Global managing partner Amit Maheshwari, the surge was driven by entrepreneurs registering private limited firms, supported by the government’s digital push and pro-startup policies that simplify compliance and encourage formal business creation.
- The services sector—especially IT, consulting, and professional services—dominated registrations, with about 300 AI startups launched monthly and 248 formed in February, while small businesses with an average paid-up capital of ₹6 lakh accounted for most new companies.
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2. MeitY Launches Indigenous 30 kW EV Integrated Drive System at Indian Institute of Technology Madras
- On March 2, 2026, the Ministry of Electronics and Information Technology launched an indigenous 30 kW Wide Band Gap-based Integrated Drive System for electric vehicles at Indian Institute of Technology Madras in Chennai, advancing India’s EV power electronics capabilities.
- The system was developed by Centre for Development of Advanced Computing in collaboration with Indian Institute of Technology Madras and Lucas TVS under the National Mission on Power Electronics Technology, integrating motor and inverter into a compact high-efficiency EV powertrain unit.
- The 30 kW drive system, designed for compact electric cars and fleet mobility, uses Wide Band Gap semiconductor technology to improve efficiency and power density, reduce reliance on imported EV components, support localisation, MSME manufacturing, and align with Production-Linked Incentive schemes.
3. Canada Expands India Education Ties With $100M Scholarships for Indian Students
- On March 2, 2026, Canada and India agreed on a new education cooperation strategy that includes $100 million scholarships for Indian students, along with expanded academic partnerships across Canada and India under the bilateral talent and innovation framework
- The strategy was announced by Canadian federal officials, with the University of Toronto leading the scholarship initiative, using funds to offer fully funded study opportunities for up to 200 Indian students via admissions, tuition, and living expense support.
- The partnership also formalised multiple university MOUs for student and faculty exchanges, joint research, hybrid campuses, and dual degrees in strategic sectors like AI, healthcare, clean energy, and agriculture to deepen education and innovation collaboration.
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4. India trained 85,000 semiconductor engineers in 4 years under Semicon 2.0: Union Minister Ashwini Vaishnaw
- On March 3, 2026, Union Railway Minister announced that under the Government of India’s Semiconductor Mission, the 10-year target of training 85,000 semiconductor design engineers has been achieved in just four years, marking a major milestone in talent development.
- World-class EDA tools from Cadence, Synopsys, and Siemens have been deployed in 315 universities, enabling students to design real semiconductor chips that are fabricated and tested at the Semiconductor Laboratory (SCL), Mohali, providing end-to-end hands-on experience.
- Under Semicon 2.0, the program will expand to 500 universities to meet rising global demand—as the semiconductor industry is projected to grow to USD 2 trillion—positioning India to generate large-scale skilled employment and strengthen its ambition of becoming a global semiconductor hub.
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5. NYAI Redefines the Frontier: India’s First Legally Compliant Drafting Ecosystem goes Live
- On March 3, 2026, it was reported that NYAI has launched India’s first Legislation-Verified Drafting Ecosystem, a legal AI platform that not only drafts documents but continuously verifies them in real time against applicable Indian statutes, rules, amendments, and notified provisions.
- According to portal Its proprietary “Intelligence Layer” cross-references every clause during drafting and provides traceable, legislation-anchored suggestions, reducing the risk of missed statutory updates and collapsing the traditional multi-stage draft-and-review workflow into a single verified process.
- Positioned as legal intelligence infrastructure rather than a simple AI wrapper, NYAI aims to enhance — not replace — legal judgment by delivering explainable, statute-backed output, enabling lawyers to reduce residual risk and focus on strategy and decision-making
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6. Ministry of Railways sanctions four projects across three states
- On March 2, 2026, the Ministry sanctioned four major rail infrastructure projects across Rajasthan, Kerala, and West Bengal. These developments focus on enhancing maintenance facilities, doubling tracks, and constructing bypass lines to improve regional rail operations.
- The Ministry of Railways (MoR) authorized these projects by allocating specific budgets for each. They aim to accelerate capacity and efficiency by modernizing coach maintenance, expanding track infrastructure, and streamlining freight and passenger movement through technical upgrades.
- The projects include a ₹4.5 billion doubling of the 21.1 km Turavur-Mararikulam section and a bypass in West Bengal. Rajasthan's facilities will receive modern washing lines and equipment tailored for Vande Bharat and LHB train sets.
7. Uttarakhand CM Dhami inaugurates Rs 147 crore development projects in Haldwani
- On February 28, 2026, in Haldwani, Uttarakhand, Chief Minister inaugurated 23 projects and laid foundations for 17 projects worth Rs 147.28 crore in Nainital district.
- Chief Minister launched infrastructure, water supply and institutional projects through state funding, Special Plan Assistance and government schemes, aiming to accelerate district development while promoting cultural preservation and policy reforms.
- Projects include a 30-metre Shipra River bridge, ITI technology lab, 14 Jal Jeevan Mission drinking water schemes and hospital upgrades. Bhoomi Pujan was also performed for a Rs 154.43 crore Haldwani-Kathgodam water augmentation scheme.
8. "Proud chapter in Tamil Nadu's development journey": PM Modi inaugurates, lays foundation for infra projects worth Rs 4400 Cr in Madurai
- On March 1, 2026, in Madurai, Prime Minister inaugurated and laid foundation stones for infrastructure projects worth over Rs 4,400 crore across Tamil Nadu to enhance connectivity and regional development.
- Prime Minister launched highway expansions, railway upgrades and broadcasting projects under PM Gati Shakti, aiming to reduce travel time, ease congestion, improve passenger amenities and strengthen multimodal connectivity across key economic and religious destinations.
- Projects include four-laning of NH-332A and NH-87, eight redeveloped railway stations under the Amrit Bharat Station Scheme, the Chennai Beach–Chennai Egmore fourth rail line, and three new Akashvani FM transmitters at Kumbakonam, Yercaud and Vellore.
9. Maruti Suzuki posts 2.14 lakh sales in February 2026, exports surge 56%
- On March 1, 2026, It was reported that, In February 2026, Maruti Suzuki India Limited recorded total sales of 2,13,995 units in India and overseas markets, up from 1,99,400 units in February 2025, driven by strong exports and utility vehicle demand.
- Maruti Suzuki achieved growth through a 56 percent rise in exports to 39,155 units and strong utility vehicle sales of 72,756 units, reflecting increasing consumer preference for SUVs and MPVs.
- Domestic sales stood at 1,74,840 units including OEMs. Mini and compact segment sales declined to 76,624 units. April–February FY2025–26 total sales reached 2,197,462 units, with exports rising to 400,734 units year-on-year.
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10. Rs 294.1 crore approved for landslide mitigation on Kiratpur-Manali NH
- On February 28, 2026, Rs 294.1 crore was approved for permanent landslide mitigation and slope stabilisation works on the Kiratpur–Manali NH-3 corridor at the vulnerable Thalout stretch in Mandi district, Himachal Pradesh.
- Union Minister for Road Transport and Highways announced the approval via social media. The project will implement advanced slope protection systems and reinforced concrete structures to deliver long-term, sustainable solutions instead of temporary repairs.
- NH-3 connects Kullu, Manali, Lahaul-Spiti and Leh. The Thalout stretch faced repeated monsoon landslides, and a nearby four-lane tunnel remained closed for eight months, disrupting tourism, essential supplies and strategic connectivity across the region.