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Railways Minister Ashwini Vaishnaw announced that India’s inaugural bullet train on the 508-km Mumbai-Ahmedabad corridor will commence operations on Independence Day, August 15, 2027. The MAHSR project will open in phases, starting with Surat-Bilimora, followed by Vapi-Surat, Vapi-Ahmedabad, Thane-Ahmedabad, and finally Mumbai-Ahmedabad.
Prime Minister Narendra Modi is scheduled to consult leading economists, sectoral experts, and NITI Aayog members including Vice Chairman Suman Bery and CEO B.V.R. Subrahmanyam on December 30, 2025, to gather insights for the upcoming Union Budget. Finance Minister Nirmala Sitharaman will present the 2026-27 Budget on February 1 amid global geopolitical challenges and potential 50% US tariffs on I
Union Minister Nitin Gadkari announced that soon Modi Govt will implement satellite-based Multi-Lane Free Flow tolling nationwide by end-2026, eliminating stops at toll plazas. Using AI, satellite tech and ANPR with FASTag, vehicles can pass at 80 km/h without barriers.
Tamil Nadu Chief Minister MK Stalin wrote to Prime Minister Narendra Modi on 18 Dec 2025, demanding urgent bilateral talks to resolve US 50% tariffs crippling textile and leather exports. Highlighting ₹60 crore daily revenue loss in Tiruppur, Coimbatore, Erode and Karur.
Union Labour Minister Mansukh Mandaviya announced that EPFO will launch ATM and UPI-based EPF withdrawals by March 2026, eliminating complex form-filling hassles. Currently, urgent needs allow 75% withdrawal, but new rules include employer contributions, significantly boosting withdrawable amounts.
Finance Minister Nirmala Sitharaman tabled the Sabka Bima Sabki Raksha Bill 2025 in Lok Sabha on 16 Dec, raising FDI cap in insurance from 74% to 100% to achieve universal coverage by 2047. The amendments to 1938 Insurance Act, LIC Act 1956 and IRDA Act 1999 allow non-insurance firms to merge with insurers while mandating an Indian citizen as Chairman/MD/CEO for domestic control, boosting capital
Industries Minister T.R.B. Raja says that since 2021, Tamil Nadu has signed 1,016 Memorandum of Understandings (MoUs) involving a cumulative committed investment of ₹11.4 lakh crore, with employment potential of more than 34 lakh jobs.
A car explosion near Delhi’s Red Fort resulted in nine deaths and left 24 others injured. Home Minister Amit Shah visited the scene and stated that all possible leads are being examined. Authorities have detained the car’s owner. The blast occurred just a few hours after explosives were recovered in Faridabad. Prime Minister Narendra Modi reviewed the situation and expressed his condolences to the
Finance Minister Nirmala Sitharaman stated that the government is in discussions with the banking regulator and industry representatives to develop large, world-class Indian banks. Work is also ongoing on the consolidation of state owned banks. She added that the Centre will engage with lenders to determine the way forward and is consulting the RBI on strategies for building larger banks.
