Union Cabinet: Rs 2,814 crore lithium-nickel scheme approved
The scheme will support two lithium and two nickel processing plants from 2026-27 to 2030-31. Applicants must qualify technically before bidding for capital support.
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Pune Metro: Modi inaugurates line, lays foundation stones
Modi inaugurated the Hinjawadi-Shivajinagar corridor and laid foundation stones for Pune Metro expansion. The combined projects are worth around Rs 21,800 crore; passenger service dates were not announced.
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Narendra Modi: Aims for 500 GW more non-fossil capacity
Modi outlined an ambition to add 500 GW of non-fossil power capacity over 10-11 years, backed by transmission, storage and manufacturing, but gave no detailed installation schedule or financing plan.
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Semicon 2.0: Notification listed, chip support detailed
Approved in July 2026, Semicon 2.0 has an outlay of Rs 1,27,500 crore and separate incentives and eligibility rules for manufacturing, chip design, research and training.
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SEBI: Allows depository receipts for REITs, InvITs
SEBI's new frameworks allow depository receipts backed by REIT and InvIT units on two IFSC exchanges, with rules on non-resident ownership, unitholder approval, pricing and disclosures.
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Government of India: Rs 36,000 crore bond auction, 6 November
RBI will conduct the reissue of Rs 23,000 crore of the 2041 security and Rs 13,000 crore of the 2076 security on 6 November 2026. Results are due the same day, with payment on…
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Manastu Space: TDB signs Rs 116 crore green propulsion deal
TDB has agreed to provide Rs 116 crore through the RDI Fund for Manastu Space to develop, integrate and validate green propulsion systems for satellites and launch vehicles.
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Bharat Renewable Energy Summit: Modi to inaugurate on 2 November
PM Modi is scheduled to open the four-day clean energy summit at Bharat Mandapam on 2 November, alongside the International Solar Alliance Assembly and a green hydrogen conference.
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Navi Limited: CCI clears MIH Payments stake acquisition
CCI approved MIH Payments Holdings' acquisition of an unspecified stake in Navi Limited. The clearance does not establish that Prosus's proposed $100 million investment has closed.
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Simplismart: $14 million Series B funding, NVIDIA invests
Simplismart announced a $14 million round led by Dallas Venture Capital, with NVIDIA among the investors. It plans to develop inference software, expand cloud partnerships and grow internationally, prioritising North America.
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