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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102251) | |
1891. Assam Government Signs Investment Agreements worth Rs. 22,900 Crore
- On May 19, 2025, the Assam Government signed investment agreements worth Rs 22,900 crore for 20 major projects across diverse sectors during a ceremony at Srimanta Sankardev Kalakshetra.
- Stemming from the Advantage Assam 2.0 Summit, these include infrastructure projects like the Rs 7,800 crore Narengi-Kurua bridge and Rs 23,000 crore Guwahati-Silchar Expressway, alongside Rs 1,800 crore paper mills in Goalpara and a Rs 137 crore plastic recycling plant in Changsari.
- Green energy and dairy sectors see significant investments, with Rs 1,000 crore for 200 MW solar projects, a 250 MW battery storage system, and Amul’s Rs 75 crore dairy expansion targeting 10 lakh litres daily, creating 20,000 jobs.
- Supporting innovation, a new Department of Startup and Innovation aids 24 startups with Rs 2 crore, while a land bank and digital clearance system facilitate industrial growth, with more MoUs expected at a September–October investment event.
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1892. Axis Bank signs MoU with the Indian Army and Common Service Centre e-Governance for supporting Project NAMAN
- On 19 may 2025 It was reported that, Bengaluru : Axis Bank, one of the largest private sector banks in India, has signed a tripartite Memorandum of Understanding (MoU) with the Indian Army and CSC e-Governance Services India Limited to support Project NAMAN, a dedicated initiative for Army veterans and their families.
- Under this project, Axis Bank will support establishment of facilitation centres, to provide essential services to Army veterans, war widows and NOK, ensuring easier access to welfare and pension-related assistance.
- This collaboration under Project NAMAN stands as a symbol of gratitude and progress, bringing essential financial services closer to those who have served the nation with pride and courage.
1893. India, Maldives sign 13 MoUs to implement projects under Indian grant assistance
- On 18 May 2025, India had signed 13 MoUs with the Maldives for enhancing ferry services in the island nation with an MVR 100 million grant, expanding maritime connectivity and uplifting community livelihoods.
- The signing ceremony took place at the Ministry of Foreign Affairs, marking another milestone in the ever-strengthening partnership between the two countries, the Maldives' Ministry of Foreign Affairs said in a statement.
- This milestone supports President Dr @MMuizzu’s vision to strengthen our national transport network by year-end. Grateful for India’s continued support," Mr. Ameen posted on X.
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1894. India’s smartphone exports surge, overtake petroleum
- On 19 May, 2025 It was reported that, India’s smartphone exports surged nearly fivefold to the US and about fourfold to Japan in the past three years, propelling the segment to surpass petroleum products and diamonds as the country’s top exported goods, according to government data.
- The smartphone exports rose by 55 per cent to USD 24.14 billion in 2024-25 from USD 15.57 billion in 2023-24 and USD 10.96 billion in 2022-23.
- The growth is underpinned by government initiatives such as the Production-Linked Incentive (PLI) scheme, which has spurred investments, scaled up local production, and integrated India more deeply into global value chains.
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1895. Adani Defence Partners With Sparton, First In India To Offer Indigenous Sonobuoys
- On 18 May 2025, In a major move to boost India’s defence strength, Adani Defence & Aerospace had signed a new agreement with Sparton, a US-based company known for its advanced underwater defence systems.
- With this partnership, Adani Defence becomes the first private company in India to offer indigenous sonobuoy solutions. This is a big step towards making India more self-reliant in defence, especially in the area of Anti-Submarine Warfare (ASW).
- The project supports the Indian government’s ‘Aatmanirbhar Bharat’ (self-reliant India) and ‘Make in India’ missions by producing these advanced defence systems within India for the Indian Navy—and even for export in the future.
1896. To boost tourism, govt launches country’s 1st Vistadome jungle safari train
- On 17 May, 2025 The Uttar Pradesh government has introduced Vistadome coach service connecting the Katarniaghat Wildlife Sanctuary in Bahraich district to the Dudhwa Tiger Reserve in Pilibhit.
- The new tourist train offers panoramic views of the forest landscape through specially designed coaches equipped with large glass windows and transparent roofs.
- The initiative aims to offer travellers a thrilling wildlife experience while showcasing the natural beauty of the state, said the statement. The train service is also affordable, with a ticket priced at Rs 275 per tourist for the route from Katarniaghat to Dudhwa National Park.
1897. India Built the World’s Largest Missile Launcher In-House”: DRDO Scientist Sudhir Kumar Mishra on BrahMos
- On 18 May, 2025, it was reported that India’s Defence Research and Development Organisation (DRDO) had developed the world’s largest missile launcher and made significant progress on an indigenous hypersonic missile capable of reaching speeds between Mach 7 and Mach 8 using a domestically built scramjet engine.
- The BrahMos missile program, which began in 2001, had evolved into a globally recognized system, with multiple variants and a new, lighter Next Generation (NG) version in development, designed for deployment from a wider range of platforms.
- These advancements marked a major step in India’s journey toward defence self-reliance, showcasing its ability to design and produce complex strategic systems and positioning the country as a key player in global missile technology.
1898. Uttrakhand cm launches e-RUPI system, agricultural policies for farmers
- On 17 May 2025, Chief minister of uttrakhand inaugurated ‘e-RUPI' system at the Secretariat in Dehradun. Along with this, he launched four agricultural policies: the kiwi policy, dragon fruit policy, post-harvest apple management plan, and the millet mission.
- The e-RUPI system will become a transparent, fast, and intermediary-free digital payment method for farmers. Under this system, the subsidy amount in pilot projects will be sent directly to farmers' mobiles via e-vouchers (SMS or QR code), which they can use to purchase fertilisers, seeds, medicines, etc
- The objective of these initiatives is to strengthen agriculture and employment in the state's hilly and plain areas, effectively controlling issues like migration. These schemes will prove to be milestones in making Uttarakhand a self-reliant, empowered, and leading agricultural state.
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1899. Western Railway Launches Indian Railways' First Digital Lounge At Mumbai Central Station To Revolutionize Passenger Experience
- On 18 May 2025 , Western Railway has announced the development of a first-of-its-kind Digital Lounge at Mumbai Central station. Conceptualized under the theme “From Waiting to Working – Modern Comfort and Coworking for Every Journey .
- This initiative redefines the concept of station waiting areas. We are committed to creating a seamless and enriching travel experience by integrating technology, comfort, and functionality.
- The Digital Lounge at Mumbai Central is set to become a benchmark for future developments across the Indian Railways network—turning stations into dynamic, multifunctional spaces that serve the diverse needs of modern travellers.
1900. Airbots Aerospace gets boost from IIT Bombay’s TIH
- On 17 May 2025, It was reported that, Airbots Aerospace has received a strategic investment from the Technology Innovation Hub (TIH) Foundation at IIT Bombay.
- The partnership will help Airbots accelerate R&D in advanced drones, AI-powered software, and integrated payloads for use in agriculture, infrastructure, and defence.
- This investment and collaboration with TIH Foundation enable us to address gaps in India’s drone ecosystem with innovative, locally developed solutions,” said Danish Ghori, Co-Founder and Managing Director of Airbots Aerospace.