India has invited global firms to invest in its strategic petroleum reserves as the nation's energy consumption growth would be fastest among large economies in coming decades, Union Petroleum Minister Dharmendra Pradhan said, adding that India's share in global energy consumption is set to rise from 7% to 12% in 2050.

Union minister of Road Transport and Highways Nitin Gadkari has said that the government is working towards making India a global automobile manufacturing hub in the next five years. The government is already making policies to support the industry, he said, adding that India can become the world’s largest electric vehicle market.

German development bank KfW has approved a loan of €545 million to the Union Finance Ministry to fund Mumbai’s Metro Line 4 and Line 4A, to expand what will be the largest metro railway network worldwide. The pact was signed recently after a year of negotiations with the agency.

The Company has received bulk orders for 50,000 HDPE tarpaulin sheets worth of Rs. 5.75 crore from its two major customers, Uday Kumar Marketing and Ikon Associates, to be executed on or before January 10, 2021.

The 13th Aero India would help India rank among the top five countries in defence and aerospace industries with active participation of the public and private sectors, Union Defence Minister Rajnath Singh said recently. He added that Aero India 2021 aims to make India self-reliant in defence production.

The Union cabinet has approved the Strengthening Teaching-Learning and Results for States (STARS) project under the New Education Policy (NEP) to support states in strengthening the school education system. The World Bank-supported project will cover six states and is estimated to cost Rs. 5,718 crore.

The Union government has approved 16 proposals from marquee brands, including the makers of Apple devices, under two new flagship schemes, in a move expected to fetch Rs. 11,000-crore additional investments in local electronics manufacturing, which would imply production worth Rs. 10.5 trillion over the next five years.

India will be self-reliant in fertiliser production by 2023 as new units are being set up with an investment of Rs. 40,000 crore to reduce imports, a Union minister has said. The government is promoting nano fertilisers as these are 25-30 per cent cheaper and give 18-35 per cent higher yield.

Jammu and Kashmir has decided to spend over Rs. 350 crore for improvement of infrastructure and purchase of textbooks and uniforms for children in government schools across the Union Territory. An official said the funds being released this year will be spent under a close vigil with visible action on the ground.