India to build Asia's longest hyperloop track
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India achieves record US$ 7.2 bn deal value in February 2025
India recorded a historic spike in deal activity in February, closing 226 mergers, acquisitions, and private equity transactions worth US$ 7.2 billion — marking the highest monthly deal volume in the past three years, as per Grant Thornton Bharat’s Dealtracker report.
LEAD STORY
India to build Asia's longest hyperloop track
India is making strides in Hyperloop development, with IIT Madras hosting Asia’s longest test facility. Originally introduced by Elon Musk, Hyperloop uses levitating pods in vacuum tubes to enable ultra-fast and sustainable travel. Despite regulatory and safety challenges, global standardization efforts are in progress. With increasing investments and government support, large-scale implementation is becoming more feasible.
India’s fisheries suffer US$ 2.2 bn blow from wastewater
India is facing a severe environmental and economic crisis due to untreated wastewater polluting its rivers and oceans. A recent global study has revealed that this pollution costs India’s fisheries sector over US$ 2.2 billion annually, while also threatening public health, agriculture, and food security.
HIGHLIGHT OF THE DAY
Italian scientists have “frozen” light by making photons behave like a supersolid—a bizarre state that's both solid and fluid—marking a groundbreaking leap in quantum physics.
India records 60% YoY surge in online orders of nutritional products
India is experiencing a major shift toward healthier eating, with a 60% YoY rise in online orders for nutritional products, reveals a report by Uni-commerce, a leading e-commerce and retail enablement SaaS platform. Driven by e-commerce, health awareness, and supportive policies, demand is soaring, especially in Tier-2 and Tier-3 cities. India’s organic food industry is expected to grow significantly, rising from US$ 2.07 billion in 2024 to US$ 10.32 billion by 2032, reflecting a robust CAGR of 22.20%.
SAIL to expand Rourkela plant to 9 MTPA with ?30,000 Cr investment
SAIL will invest Rs. 30,000 crore to expand Rourkela Steel Plant’s capacity to 9.4 MTPA by 2030, strengthening its supply to key sectors like defense, oil & gas, and automobiles. The project involves setting up new facilities across 1,200 acres and upgrading logistics infrastructure. This expansion is a major milestone in SAIL’s long-term growth strategy and capacity enhancement plans.
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