8OCTOBER, 2026TOP STORIESPrime Minister Narendra Modi inaugurated the India Mobile Congress 2026 at Yashobhoomi in the National Capital on Thursday. The 10th edition brings together global technology leaders, policymakers, startups, investors, and innovators. The event highlights India's progress in digital connectivity and its growing focus on next-generation technologies.Union Minister for Communications Jyotiraditya Scindia felicitated Prime Minister Modi upon his arrival at the event. Speaking at the session, Scindia highlighted the Prime Minister's vision of making technology accessible to every village and citizen. India freezes import duties on steel and leaves domestic producers, including smaller units, under continued pressure from cheap overseas shipments. The steel ministry has decided against any new curbs in the near term and has turned down requests from domestic steelmakers for fresh protection. Imports of finished steel have already surged, with China remaining the largest source.Existing safeguard duties have failed to stem the inflow, and the government cites high domestic steel prices as the reason for holding back further action. Rising demand from automobiles and infrastructure offers some relief, yet the import challenge continues to weigh on producer margins across the industry. Gabriel India-FORVIA JV marks a shift in India's automotive component industry toward higher-value, technology-intensive vehicle systems. Gabriel India and FORVIA have agreed to establish Faurecia ANAND Seating India Private Limited, combining FORVIA's seating technology and engineering capabilities with Gabriel India's manufacturing base and OEM relationships.The venture will focus on seat frames and complete seats, with FORVIA holding 50 percent plus one share. The company is expected to have Rs100 crore in paid-up equity capital after closing. Beyond the announcement, the partnership raises a larger manufacturing question: can the JV help localize advanced seating capabilities while accelerating Gabriel India's transition beyond its traditional ride-control business? India and Singapore are exploring a major power connectivity project under the ASEAN Power Grid initiative. The proposed India-Singapore power grid could enable 2,000 megawatts (MW) of cross-border electricity transmission. One option involves a 3,000-kilometer land-based corridor linking Imphal to Singapore through Myanmar, Thailand, and Malaysia.The project could strengthen regional energy trade, improve energy security, and support the integration of clean energy across Southeast Asia. The proposal was highlighted by Shripad Yesso Naik, Minister of State for Power and New and Renewable Energy, at the 20th East Asia Summit Energy Ministers' Meeting in Manila, Philippines, on October 8, 2026 Hindustan Aeronautics Limited (HAL) is counting on timely engine deliveries to keep its HTT-40 program moving. Honeywell Aerospace aims to deliver all 16 engines by the first half of 2027. The company also expects to complete technology transfer by 2029, following earlier supply chain disruptions.Matt Milas, president of defense and space at Honeywell Aerospace, told CNBC-TV18 that the company remains confident about meeting these targets. It has already delivered four turboprop engines to HAL, INDIA MOBILE CONGRESS 2026: FROM CHEAP DATA TO 6G LEADERSHIPINDIA-SINGAPORE POWER GRID PLAN COULD TRANSFORM REGIONAL ENERGY TRADECAN HAL'S HTT-40 PROGRAM STAY ON TRACK AFTER ENGINE SUPPLY DELAYS?MSME STEEL UNITS HIT HARD AS INDIA FREEZES IMPORT DUTIESGABRIEL INDIA-FORVIA JV: RS100CR PUSH FOR AUTO SEATINGincluding three in June 2026 and another shortly afterward. Four more engines are expected to arrive by the end of 2026.
< Page 7 | Page 9 >