2, Apr 2026
Servotech’s Raman Bhatia Named Head of SCO Energy & Green Economy Working Group
New Delhi, April 2 : Servotech Renewable Power System Ltd. a leading player in India’s renewable energy and EV charging ecosystem, announces that its Managing Director, Raman Bhatia, has been appointed as the Head of Shanghai Cooperation Organisation (SCO) Working Group on ‘Energy & Green Economy’ under the SCO Business Council Secretariat .
This appointment represents leadership across a consortium of 28 countries within the SCO framework, one of the world’s most influential intergovernmental organizations driving collaboration across energy transition, sustainability, and green economic development.
In this role, Raman Bhatia will work closely with international stakeholders to strengthen cross-border partnerships, enable knowledge exchange, and support the development of scalable and sustainable clean energy solutions across member nations. This recognition reinforces Servotech’s growing global relevance and its active role in advancing EV infrastructure, renewable energy solutions, and power electronics innovation.
Commenting on the appointment, Raman Bhatia, Managing Director, Servotech Renewable Power System Ltd., said,
“I am honoured to take on this responsibility at a time when global collaboration is critical to accelerating the energy transition. The SCO platform provides a unique opportunity to work alongside policymakers and industry leaders across 28 countries to drive innovation, strengthen partnerships, and contribute meaningfully to the development of sustainable energy ecosystems. I look forward to advancing initiatives that support a cleaner, more connected global future.”
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- By Neel Achary
2, Apr 2026
MG MAJESTOR Demonstrates Unmatched Capability in Sub-Zero Spiti Valley
Gurgaon, Apr 02: India’s First D+ SUV, the MG MAJESTOR, has once again demonstrated its unmatched capability by navigating the unforgiving winter landscape of Spiti Valley with remarkable composure. Seen driving smoothly over a formidable 2-foot snow bed, the MG MAJESTOR operated seamlessly in extreme weather conditions, braving temperatures as low as -20 degrees Celsius without missing a beat.
Set against treacherous terrain defined by icy stretches, steep gradients and unpredictable surfaces, the MG MAJESTOR showcased its advanced engineering and intelligent drivetrain. Supported by Crawl Control Mode and dedicated Snow Mode, along with a robust 219 mm ground clearance, the SUV maneuvered efficiently across deep snow, delivering a confident and controlled driving experience. Every movement reflected seamless traction management and precise control, reinforcing the MAJESTOR credentials as a true all-terrain performer.
The expedition further underlined the SUV’s endurance as the MG MAJESTOR successfully reached Key Gompa – one of the region’s highest and oldest monasteries, perched at an altitude of 13,668 feet above sea level. Navigating narrow mountain roads and snow-laden passes, the MAJESTOR maintained stability and comfort, even in the most challenging conditions.
Adding another milestone to this high-altitude journey, the MG MAJESTOR also crossed the iconic Chicham Bridge, Asia’s highest suspension bridge. The crossing stood as a testament to the SUV’s structural integrity, advanced suspension setup and overall capability in extreme environments. Engineered to perform where the road ends, the MG MAJESTOR blends power, technology and resilience, making every drive efficient and reassuring, no matter how extreme.
MG MAJESTOR is powered by a 2.0-litre twin-turbo diesel engine delivering best-in-segment 215.5 PS and 478.5 Nm of torque, mated to a best-in-class 8-speed automatic transmission in both 2WD and advanced 4WD configurations, the MG MAJESTOR is engineered for serious capability. It comes with First-in-segment Triple Differential Locks (front, rear and centre), an Advanced 4WD system with 10 off-road modes, and Crawl Control Mode for extreme terrain mastery, along with 219 mm ground clearance and an 810 mm water wading capability. As India’s First D+ SUV with Level 2 ADAS, the MAJESTOR also combines rugged performance with advanced safety and intelligent technology. The 5-5-5 Complete Peace of Mind programme complements this engineering strength, ensuring that customers can confidently experience the vehicle’s full capability with long-term ownership assurance built in.
2, Apr 2026
Odisha Men’s and Women’s Hockey Teams Clinch Titles at Khelo India Tribal Games
Bhubaneswar/Raipur: Odisha has achieved a proud sporting milestone as both its men’s and women’s hockey teams emerged champions at the inaugural Khelo India Tribal Games held in Raipur.
ଛତିଶଗଡ଼ର ରାୟପୁରଠାରେ ଆୟୋଜିତ ପ୍ରଥମ ‘ଖେଲୋ ଇଣ୍ଡିଆ ଜନଜାତି କ୍ରୀଡ଼ା’ ରେ ଓଡ଼ିଶାର ଓଡ଼ିଶାର ଉଭୟ ମହିଳା ଓ ପୁରୁଷ ହକି ଦଳ ଚମ୍ପିୟାନ ହୋଇଥିବାରୁ ସମସ୍ତ କ୍ରୀଡ଼ାବିତ୍ଙ୍କୁ ଆନ୍ତରିକ ଶୁଭେଚ୍ଛା ଜଣାଉଛି। ଏହି ସଫଳତା ଆମ ରାଜ୍ୟ ପାଇଁ ଅତ୍ୟନ୍ତ ଗୌରବର ବିଷୟ।
ଆମର ଜନଜାତି କ୍ରୀଡ଼ା ପ୍ରତିଭାଙ୍କ ଏହି ଅସାଧାରଣ ସଫଳତା ଓଡ଼ିଶା… pic.twitter.com/3ZjlyQ64yV
— Mohan Charan Majhi (@MohanMOdisha) April 2, 2026
The double victory highlights the exceptional talent and determination of athletes from the state’s tribal communities, marking a significant moment in Odisha’s sporting journey.
Sports enthusiasts and officials have extended heartfelt congratulations to the players, praising their dedication and outstanding performance on a national stage. The achievement is being seen as a major boost for grassroots sports development, especially among tribal youth.
This success not only brings pride to the state but also signals a promising future for Odisha in Indian hockey. With continued support and recognition, these athletes are expected to scale even greater heights and further strengthen the state’s reputation in the sporting arena.
2, Apr 2026
UPI Hits INR 29.53 Lakh Crore in March, Cementing India’s Digital Payments Leadership
By:- Dilip Modi, Founder & CEO of Spice Money
“The continued surge in UPI transactions to a record ₹29.53 lakh crore in March underscores how deeply digital payments are now embedded in India’s economic fabric. Fuelled by festive demand and year-end financial activity, this growth is not just a seasonal spike but a reflection of sustained behavioural change across both urban and rural India. A 19% rise in value and 24% growth in volume year-on-year signal increasing trust, frequency, and diversity of use cases on the platform.
What is particularly noteworthy is UPI’s dominance, now accounting for 85% of all digital transactions in the country and nearly half of global real-time payments. This positions India as a global benchmark for scalable, inclusive fintech innovation.
At Spice Money, we see this momentum strongly mirrored in Bharat, where assisted digital models continue to bridge access and awareness gaps. UPI has evolved beyond peer-to-peer payments to become a foundational layer enabling micro-transactions, merchant payments, assisted payments, and UPI cash withdrawals, strengthening trust and driving deeper financial inclusion across underserved regions.
As we move ahead, the focus must shift from access to meaningful usage, leveraging AI and data to create more contextual, secure, and inclusive financial experiences for the next wave of users.“
2, Apr 2026
Quanscient and Haiqu Announce Breakthrough Algorithm for Scalable Computational Fluid Simulations on Quantum Computers
This advancement in quantum algorithms could help accelerate some of the most computationally intensive simulations used in engineering today.
Helsinki, Finland – April 2, 2026 – Researchers from Quanscient, a leader in cloud-based multiphysics simulation technology and quantum algorithms, and Haiqu, a leading developer of quantum middleware, today announced a new algorithm that can significantly advance the use of quantum computing in real-world engineering applications. The teams conducted a 15-step nonlinear fluid benchmark with an obstacle, making this the most physically complex, publicly documented variant of a Quantum Lattice Boltzmann Method (QLBM) hardware demonstration to date.
Developed and tested on IBMs largest-available quantum computer, the IBM Heron R3, the algorithm reduces the number of qubits required to run complex simulations in computational fluid dynamics (CFD) on quantum computers, demonstrating a viable path toward future industrial-scale solutions.
CFD is widely used to model how air, water, and other fluids behave around objects, such as airflow over an aircraft wing. It plays a critical role in product development and testing across industries, including aerospace, automotive, and energy. However, these simulations are extremely demanding for even today’s most powerful supercomputers, often taking days or even weeks to complete, if possible at all.
The new algorithm addresses one of the key challenges in applying quantum computing to CFD: high resource requirements. By significantly reducing the number of qubits and computational operations needed, this approach makes it more practical to run complex simulations on quantum computers. It demonstrates a more efficient path toward using quantum systems for real-world applications, and ultimately could help companies design better products and optimize complex systems more quickly.
“This is an interesting and timely contribution to quantum CFD,” said Oleksandr Kyriienko, Professor and Chair in Quantum Technologies at the University of Sheffield. “It proposes a more flexible quantum LBM framework while keeping the core algorithm efficient, and it strengthens the case with applications ranging from linear acoustics to IBM-QPU-assisted nonlinear flow simulations. We need more works like this to achieve industrially relevant quantum solutions.”
“This is one of the most realistic CFD simulations ever executed on a quantum computer. It is an important signal that quantum CFD research is moving toward simulating how fluids interact with real-world shapes and obstacles on quantum hardware,” Mykola Maksymenko, CTO of Haiqu. “This is the direction that any industrially meaningful workflow would have to take to reach commercial viability.”
“CFD is one of the most computationally difficult branches of simulation with some of the largest impact on the world’s biggest sectors,” said Valtteri Lahtinen, Chief Scientist of Quanscient. “Quantum computers offer a future path to simulations that are far more complex than what classical computers can handle, which may allow for the design of more efficient vehicles and aircraft, better energy systems and more. Our work with Haiqu is a critical step toward making this a reality.”
Researchers from Quanscient and Haiqu developed and tested a novel One-Step Simplified LBM (OSSLBM) based on a quantum Lattice Boltzmann Method (QLBM) algorithm, which is a powerful generalization of an important classical CFD technique. Their approach allowed them to run a nonlinear fluid‑flow simulation with an obstacle, such as fluid moving around a solid object, over multiple steps on IBM quantum hardware. Haiqu’s algorithmic and runtime layer was critical to making this possible, reducing circuit depth, improving and developing new key algorithmic subroutines, and applying targeted error‑reduction techniques that allowed the quantum system to execute a multi‑step, complex workflow that would otherwise be out of reach for today’s devices.
The researchers believe their work represents a new algorithmic framework that reshapes how fluid simulations are performed on quantum computers, turning a complicated sequence of calculations into a simpler, more efficient process designed for quantum hardware. The hybrid quantum-classical OSSLBM can be executed on current hardware, outlining a practical path for moving beyond simple linear demonstrations toward more realistic, engineering‑relevant quantum fluid simulations as quantum systems continue to mature.
2, Apr 2026
NHAI Exceeds Target, Completes 5,313 km of National Highways in FY26
The National Highways Authority of India (NHAI) has marked a significant achievement in the fiscal year 2025–26 by completing 5,313 kilometers of national highways, surpassing its annual target by 15%. This milestone highlights India’s continued focus on strengthening road infrastructure to enhance connectivity, support economic growth, and facilitate regional development.
Pic Credit: Pexel
Expanding Connectivity Across the Nation
The newly constructed highways span multiple states, connecting major cities, industrial hubs, and remote areas. This expanded network reduces travel time, eases transportation of goods and passengers, and promotes economic activity in previously underserved regions. By linking key economic zones, these roads are expected to improve trade efficiency and support local businesses.
Boosting Infrastructure Efficiency
The success in highway construction reflects improvements in project planning, execution speed, and adoption of modern construction technologies. Streamlined approvals, effective land acquisition strategies, and advanced construction techniques have contributed to faster completion rates.
Driving Economic Growth
The expanded highway network plays a pivotal role in stimulating commerce, tourism, and industrial activity. Enhanced connectivity lowers logistics costs, strengthens supply chains, and provides businesses with faster access to markets, thereby benefiting both producers and consumers.
Looking Ahead
NHAI is committed to further increasing highway construction in the coming years, with a focus on sustainable, resilient, and technologically advanced infrastructure. Future projects aim to incorporate smart mobility solutions, eco-friendly construction practices, and modern highway management systems to meet the growing demands of a rapidly developing nation.
This achievement underscores NHAI’s central role in shaping India’s transportation infrastructure and advancing the government’s vision of nationwide connectivity and economic progress.
2, Apr 2026
Indian Railways Achieves Record Freight, Passenger Growth in FY26
New Delhi, April 2026: Indian Railways has reported robust growth in both passenger traffic and freight operations for the fiscal year 2025–26, underscoring its role as a vital backbone of the nation’s transport and logistics network.
Passenger Traffic and Revenue Surge
During FY26, Indian Railways carried 741 crore passengers, marking a 3.5% increase from 716 crore in FY25. Passenger revenue also grew significantly, reaching approximately ₹80,000 crore, a 6% rise compared to the previous year. The figures highlight the growing reliance on rail travel across urban and rural India, reflecting both convenience and affordability for commuters.
Freight Operations Set New Records
Freight traffic hit a new milestone of 1,670 million tonnes (MT), up 3.25% from FY25, accompanied by a 4.5% increase in wagons handled, from 2.79 crore to 2.91 crore. This growth underscores Indian Railways’ efficiency and its critical role in delivering cost-effective logistics solutions for bulk commodities.
Key Commodities Driving Growth
Significant growth was recorded in sectors like fertilisers (13.5%) and pig iron & finished steel (13.1%), reflecting rising industrial and agricultural demand. Infrastructure-related commodities, including iron ore (6.7%) and cement (4.7%), also saw strong movement, supporting ongoing construction and development projects nationwide.
Balanced Regional Growth
Several railway zones contributed to this growth, with South Western Railway leading at 14.9%, followed by North Central (12.6%), East Coast (10.4%), and West Central (10.1%). Other zones also recorded positive gains, reflecting widespread regional development and improved freight-handling capabilities across the country.
Freight Revenue Highlights
Freight earnings reached approximately ₹1,77,754 crore, up 1.44% from FY25. Iron ore emerged as the top revenue contributor, followed by cement, pig iron & steel, fertilisers, food grains, and mineral oil, demonstrating the critical importance of railways in supporting industrial supply chains and trade.
Driving Connectivity and Economic Growth
Indian Railways’ achievements in FY26 highlight its dual role: ensuring safe, reliable mobility for millions of passengers and serving as an efficient logistics partner for industries. With consistent operational improvements and capacity expansion, Railways continues to be a key driver of economic growth and national connectivity.
2, Apr 2026
Fintech Leads India’s $16B VC Boom with 18% Increase in Investments
India’s venture capital (VC) ecosystem demonstrated strong growth in 2025, with total investments reaching an estimated $16 billion—up nearly 20% compared to 2024, according to the India Venture Capital Report 2026 by Bain & Company in collaboration with the Indian Venture and Alternate Capital Association (IVCA).
Deal activity also witnessed a significant boost, rising approximately 18% year-on-year, with over 1,300 transactions completed across different stages of funding. This reflects sustained investor confidence in India’s startup ecosystem and its diverse sectors.
The fintech sector emerged as a major driver of growth, with investment value rebounding more than 2.2 times compared to the previous year. While payments continued to attract the largest share of VC funding, investors increasingly diversified into other fintech sub-sectors offering predictable monetization models, signaling a shift toward sustainable and scalable business opportunities.
Experts believe this surge in venture capital funding highlights India’s growing prominence as a global startup hub, supported by a robust ecosystem of entrepreneurs, investors, and government initiatives. As more sectors mature and investor strategies evolve, India’s VC landscape is expected to continue its upward trajectory in the coming years.
2, Apr 2026
India’s Auto Industry Accelerates: SUVs and Export Demand Fuel Record Growth
New Delhi, Apr 2: India’s automobile industry is experiencing a remarkable surge, with strong sales momentum driven by booming SUV demand and rising exports. The combination of domestic enthusiasm for larger, versatile vehicles and growing global orders is propelling the sector to new heights.
Consumer preferences are increasingly shifting toward SUVs, which offer comfort, performance, and practicality for modern lifestyles. This trend has led automakers to prioritize production in the SUV segment, resulting in consistent month-on-month sales growth. At the same time, Indian vehicles are gaining recognition in international markets, with exports contributing significantly to the industry’s expansion.
Industry experts note that favorable government policies, increased consumer confidence, and strategic investment in production facilities have amplified this growth. Manufacturers are scaling up capacities, innovating with new models, and meeting the dual demand of domestic buyers and global clients.
The growth in exports not only strengthens India’s position as a global automotive hub but also creates opportunities for job creation, skill development, and technological innovation. Analysts predict that the continued rise in SUV popularity and international demand will sustain momentum throughout 2026, making it a landmark year for the Indian auto sector.
As the industry adapts to evolving consumer trends and explores new markets, it stands poised for long-term growth, signaling a bright road ahead for manufacturers, buyers, and the economy alike.
2, Apr 2026
IMS Noida Signs MoU with Indo Icelandic Business Association to Expand Global Learning Opportunities
New Delhi, Mar 02: In a step towards strengthening international academic collaboration and industry engagement, IMS Noida has signed a Memorandum of Understanding (MoU) with the Indo Icelandic Business Association (IIBA). The partnership aims to create new opportunities for knowledge exchange, global exposure, and skill development for students.
