Month: April 2025

​Key Drivers and Technologies Shaping the Green Steel Market

Vijay Raman

Author: Chingis Idrissov, Senior Technology Analyst at IDTechEx Steel is vital to modern society, with diverse alloys serving critical applications. Buildings, infrastructure, machinery, and vehicles constitute 75% of global steel usage, with global demand projected to increase. However, the industry generates 7-9% of global CO2 emissions, making it a challenging but essential sector for decarbonization efforts. New regulations and government incentives drive major steelmakers to reduce emissions, complemented by pressure from automotive and construction customers, corporate sustainability commitments, technological innovations in production, and developing clean energy infrastructure. These forces collectively create…

Read More

Max Estates and Arts & Souls Foundation Unite to Celebrate Inclusivity through Art on World Autism Day

Vijay Raman

Max Estates Limited (Max Estates), a leading real estate developer in Delhi NCR, known for its visionary approach in enhancing quality of life through its WorkWell and LiveWell experiences, collaborated with the Arts & Souls Foundation for a special initiative that celebrates inclusivity, creativity, and the power of art. A collection of artwork done by special needs children has been put on display at Estate 360, Gurugram. Max Estates launched Delhi NCR’s first Intergenerational development, at scale, in Gurugram – Estate 360 on 27 August 2024 after receiving its RERA…

Read More

Max Estates and Arts & Souls Foundation Unite to Celebrate Inclusivity through Art on World Autism Day

Vijay Raman

Max Estates Limited (Max Estates), a leading real estate developer in Delhi NCR, known for its visionary approach in enhancing quality of life through its WorkWell and LiveWell experiences, collaborated with the Arts & Souls Foundation for a special initiative that celebrates inclusivity, creativity, and the power of art. A collection of artwork done by special needs children has been put on display at Estate 360, Gurugram. Max Estates launched Delhi NCR’s first Intergenerational development, at scale, in Gurugram – Estate 360 on 27 August 2024 after receiving its RERA…

Read More

​Next-Generation Battery Technologies Key to Accessing US$400 Billion Market

Vijay Raman

Author: Dr Alex Holland, Research Director at IDTechEx The global market for Li-ion battery cells alone is forecast to exceed US$400 billion by 2035, driven primarily by demand for battery electric cars and vehicles. Improvements to battery performance and cost are required to ensure widespread deployment of electric vehicles, enable the electrification of other vehicle modes such as air taxis, and to enable longer runtime and functionality of electronic devices and tools, leading to strong competition in developing next-generation Li-ion technologies. The IDTechEx report, “Advanced Li-ion Batteries 2025-2035: Technologies, Players, Markets,…

Read More

​Next-Generation Battery Technologies Key to Accessing US$400 Billion Market

Vijay Raman

Author: Dr Alex Holland, Research Director at IDTechEx The global market for Li-ion battery cells alone is forecast to exceed US$400 billion by 2035, driven primarily by demand for battery electric cars and vehicles. Improvements to battery performance and cost are required to ensure widespread deployment of electric vehicles, enable the electrification of other vehicle modes such as air taxis, and to enable longer runtime and functionality of electronic devices and tools, leading to strong competition in developing next-generation Li-ion technologies. The IDTechEx report, “Advanced Li-ion Batteries 2025-2035: Technologies, Players, Markets,…

Read More

1 in 10 HNWIs plan to emigrate from the UK

Vijay Raman

  The latest analysis from Astons reveals that 1 in 10 High Net Worth Individuals (HNWIs) plan to leave the UK by gaining residency or citizenship to another country, but while obtaining the relevant visa or paperwork is seen as the biggest obstacle to achieving this ambition, barely a quarter have considered the option of a residency by investment programmes.   Aston’s has surveyed High Net Worth individuals in the UK* and found that 1 in 10 plan to emigrate from the UK.   8% of them plan to leave within the…

Read More

1 in 10 HNWIs plan to emigrate from the UK

Vijay Raman

  The latest analysis from Astons reveals that 1 in 10 High Net Worth Individuals (HNWIs) plan to leave the UK by gaining residency or citizenship to another country, but while obtaining the relevant visa or paperwork is seen as the biggest obstacle to achieving this ambition, barely a quarter have considered the option of a residency by investment programmes.   Aston’s has surveyed High Net Worth individuals in the UK* and found that 1 in 10 plan to emigrate from the UK.   8% of them plan to leave within the…

Read More

Indian Navy Commissions ‘Ojas’, Fifth in 25T Tug Series

Vijay Raman

On April 2, 2025, the Indian Navy launched its fifth 25-tonne Bollard Pull (BP) tug, named Ojas (Yard 339), at Titagarh Rail Systems Limited (TRSL) in Kolkata. This launch is part of a contract signed on November 12, 2021, between the Indian Navy and TRSL for the construction of six such tugs, aiming to enhance the Navy’s operational capabilities in line with the ‘Make in India’ initiative. Source

Read More

India to Develop First Indigenous 6MW Marine Diesel Engine Under ₹270 Cr Project

Vijay Raman

In a significant move towards self-reliance in defense manufacturing, the Defence Acquisition Council (DAC) has approved the design and development of a 6-megawatt (MW) medium-speed marine diesel engine under the Make-I category, with a project value of ₹270 crore. This initiative marks India’s first venture into indigenous development of such engines, aiming to reduce dependence on foreign suppliers and bolster the domestic defense industry.     The Make-I category emphasizes projects funded by the government for design and development of equipment, systems, and platforms by Indian industry. The approval for…

Read More

Indian Railways Hits Record ₹2.56 Lakh Crore Revenue in FY24

Vijay Raman

Indian Railways demonstrated a commendable financial performance in fiscal year 2023-24, achieving a total revenue of ₹2.56 Lakh Crore alongside a net profit of ₹3,260 Crore. This outcome underscores the effectiveness of strategic planning and operational efficiency within the organization, particularly when considered against the backdrop of significant investments in critical areas.   The healthy revenue figure reflects a sustained demand for both passenger and freight services, highlighting the railway’s continued importance in facilitating national connectivity and economic activity. Moreover, the net profit, while a testament to fiscal discipline, also…

Read More