The Assam government has launched a scheme to provide subsidy of 5 rupees per litre of milk to farmers in a bid to boost the dairy sector in the state.

Akashvani’s correspondent reports that Assam Chief Minister Himanta Biswa Sarma speaking at the ‘bhoomi pujan’ programme for doubling the processing capacity of a plant of West Assam Milk Producers’ Cooperative Union Ltd at Guwahati informed that the State government has formally rolled out the subsidy scheme for dairy farmers. He said that from now onwards the dairy farmers will receive subsidy of Rs 5 per litre for the milk they give for processing at cooperative societies.

According to the Chief Minister, this scheme will encourage dairy farmers to increase production, boost their income and bring a dairy revolution in the rural areas. As per official sources, this initiative is expected to benefit over 20,000 dairy farmers across the state.

Union Minister of Information & Broadcasting, Ashwini Vaishnaw, and Maharashtra Chief Minister Devendra Fadnavis jointly inaugurated the first campus of the Indian Institute of Creative Technology (IICT) at the NFDC Complex in Mumbai today. Mr. Vaishnaw announced that IICT will offer advanced, industry-aligned training in VFX, post-production, XR, gaming, and animation, in collaboration with global tech giants like Google, Meta, Microsoft, and Apple. He said the first batch will educate 300 students, along with professionals and trainers in AVGC-XR. He added that a new campus is coming up in Maharashtra’s Film City, designed to blend with the natural surroundings.

Maharashtra Chief Minister Devendra Fadnavis said WAVES has now become a global movement and that IICT will further boost India’s creative economy. The Union Minister and the Chief Minister presided over the MoU exchange between Prasar Bharati and the Maharashtra Film, Stage & Cultural Development Corporation Limited to establish a film and TV media hub promoting innovation and global competitiveness. Mr. Vaishnaw and Mr. Fadnavis also inaugurated the WAVES Bharat Pavilion at Gulshan Mahal, launched the IICT logo and 17 industry-aligned courses, and released the Outcome Reports of WAVES 2025’s first edition.

Hindustan Aeronautics Limited (HAL) has launched a pioneering Endowment Scholarship Scheme in partnership with the Indian Institute of Technology Madras (IIT Madras) to support meritorious students from economically weaker sections of society. This initiative, under HAL’s Corporate Social Responsibility (CSR) programme, aims to provide equal access to quality education at one of India’s premier engineering institutions.

A Memorandum of Agreement (MoA) formalising the initiative was signed by HAL's General Manager (HR) Pradeep Kumar and Dean-in-charge – IIT Madras Prof. Manu Santhanam. The signing ceremony was attended by Dr. D. K. Sunil, Chairman and Managing Director, HAL; Dr. Kamakoti, Director, IIT Madras; Mr. M. G. Balasubrahmanya, Director (HR), HAL; Dr. S D Premkumar, Independent Director, HAL, along with other senior officials.

Public sector Indian Overseas Bank has drawn up plans to raise Rs 4,000 crore during this financial year through various instruments, including Qualified Institutional Placement (QIP), a top official said on Friday.

With the proposed plan to fund raise, the Government of India's shareholding in the Chennai-headquartered bank is expected to come down to 90 percent from the current 94 percent, the bank's Managing Director and CEO Ajay Kumar Srivastava said.

"Last year, we raised about Rs 1,440 crore in March. This year we are looking for about Rs 4,000 crore to raise. For that we are talking to various authorities for their approval," he told reporters after declaring the financial performance of the bank.

Steel Authority of India Limited (SAIL) has announced the appointment of Chitta Ranjan Mohapatra as the Director-in-Charge of Bhilai Steel Plant (BSP), effective July 15. The appointment follows the nomination by the Government of India through an order issued by the Ministry of Steel on July 14, and subsequent approval by the SAIL Board.

The company has confirmed that Mohapatra is not debarred from holding the office of director by any SEBI order or any other competent authority.

An accomplished technocrat with more than three decades of experience, Mohapatra began his career with SAIL in October 1989 as a Management Trainee (Technical) at Rourkela Steel Plant (RSP). He holds a Bachelor’s degree in Chemical Engineering from Regional Engineering College, Rourkela (now NIT Rourkela), completed in 1988.

Garden Reach Shipbuilders & Engineers Limited (GRSE) has marked a major engineering milestone with the successful fabrication and launch of a multi-span double lane modular bridge in Ladakh. The 280-foot-long bridge (2x140 feet spans) was launched at KM 72.625 on the strategic Phobrang-Marshimik-La Hot-Spring Road and handed over to Project Himank of the Border Roads Organisation (BRO) on July 10.

This is the first time in India that a multi-span double lane modular bridge of this scale has been launched, that too in just 20 days, in one of the most remote and high-altitude terrains of the country. The bridge has been built in an area marked by extreme weather and rugged geography, underlining GRSE’s engineering excellence and commitment to supporting national infrastructure in forward areas.

Designed to bolster military logistics and improve troop and equipment mobility for the Indian Army, the bridge is a major step in reinforcing border connectivity in the Union Territory of Ladakh.

The Government of India has approved the Ministry of Power's proposal to rehire Shri Gurdeep Singh as Chairman and Managing Director (CMD) of NTPC Limited. He will serve on a contract basis for one year after his retirement date, starting August 1, 2025, or until a regular successor takes over, or until further notice, whichever comes first.

Defence PSU, Hindustan Aeronautics Ltd (HAL) receives first set of wing assemblies for Light Combat Aircraft (LCA) Mk1A, produced by Larsen & Toubro in Coimbatore, Tamil Nadu on July 17, 2025.

CMD, HAL Dr DK Sunil has stated that this handover is a testament to years of dedicated hand-holding and a shared commitment to excellence from HAL and L&T.

“HAL is working with suppliers, both large and SMEs, as an initiative towards achieving Aatmanirbharta in the aerospace and defence sector. HAL has effectively built a parallel aircraft structural assembly line in the private sector which will help in capacity augmentation of the LCA Tejas program,” he said

Nepal has received a foreign aid commitment of Rs. 273.04 billion for the Fiscal Year 2024/25, which is above the annual estimates announced in the budget of the same year. Statistics from the Ministry of Finance (MoF) showed that the country received the commitments of Rs. 215.54 billion for loans and Rs. 57.50 billion for grants.

Nepal’s development partners (DPs) in the year are the World Bank, Asian Development Bank, the Foreign Commonwealth and Development Office (FCDO) of the UK, Germany, the European Union, China, Norway, International Fund for Agricultural Development, Switzerland, World Vision International, Japan and the Strategic Climate Fund. The commitments Nepal received were in infrastructure, transport, environment and climate, governance, disaster management, agriculture and irrigation, water and education.

With commitments in the environment of above Rs. 118 billion, ADB has emerged as the largest development partner for Nepal. The World Bank remains the second-largest development partner for Nepal, with about Rs. 100 billion in aid commitment. It is supporting road improvements, disaster resilience, GRID, bridge improvement and trade improvement