Excise Duty on Petrol and Diesel Increased by ₹2 Per Litre
The Indian government raised excise duty on petrol and diesel by ₹2 per litre, effective April 7, 2025. The new rates are ₹13 per litre for petrol and ₹10 per litre for diesel. Despite the hike, retail prices for consumers remain unchanged, as state-run oil marketing companies will absorb the increase by leveraging lower global crude oil prices. This decision aims to boost government revenue, supporting public expenditures like infrastructure development and subsidies. The move reflects a balanced fiscal strategy to generate funds without burdening consumers, ensuring stability in domestic fuel prices.
Kazakhstan Unveils Landmark Rare Earth Deposit at Kuirektykol
Kazakhstan has uncovered its largest rare earth metals reserve at the Kuirektykol site in the Karaganda region. Initial findings reveal nearly one million tons of rare earth elements (REEs), with potential reserves exceeding 20 million tons, including cerium, lanthanum, neodymium, and yttrium—critical for green technologies, electronics, and defense. This discovery propels Kazakhstan onto the global stage as a major supplier of rare earths, challenging China’s dominance in the sector. The government plans to attract foreign investment to build advanced extraction and processing facilities, ensuring sustainable utilization of this strategic resource for long-term economic growth.
PM Modi Launches ₹8,300 Crore Projects in Rameswaram, Tamil Nadu
Prime Minister Narendra Modi inaugurated and initiated development projects worth ₹8,300 crore during his visit to Rameswaram, Tamil Nadu, on April 6, 2025. Highlights included the launch of India’s first vertical-lift New Pamban Rail Bridge, connecting Rameswaram Island to the mainland, and other infrastructure initiatives aimed at enhancing connectivity, tourism, and regional trade. The event, held on Shri Ram Navami, emphasized Tamil Nadu’s role in India’s progress. Modi highlighted the projects’ potential to generate employment and boost economic growth, reaffirming the government’s commitment to fostering inclusive development and modernizing national infrastructure.
India Secures 10th Spot Globally in AI Private Investments
India has emerged as a global player in artificial intelligence (AI), ranking 10th worldwide for private AI investments, according to the United Nations Technology and Innovation Report 2025. In 2023, the nation attracted Rs. 11,943 crore (US$ 1.4 billion) in private funding, highlighting its thriving tech ecosystem. India’s achievements include notable advancements in AI research, industrial applications, and innovation. As one of only two developing countries in the top 10, alongside China, India’s progress underscores its growing influence in AI development. However, the report recommends strengthening digital infrastructure and workforce skills to sustain future growth in this sector.
Warangal Chapata Chilli Earns GI Tag for Its Distinct Qualities
The Warangal Chapata chilli, also known as Tomato chilli, secured the Geographical Indication (GI) tag from India’s GI Registry on March 28, 2025. Cultivated across 6,738 acres in Telangana’s Warangal, Hanumakonda, Mulugu, and Bhupalapally districts, the chilli is celebrated for its bright red hue, mild spice, and rich oleoresin content. This recognition boosts its market profile, ensuring better prices for farmers, rising from ₹300 to ₹450-500 per kilogram. Its unique flavor and quality, shaped by the region’s specific climate and soil, pave the way for higher global demand, promoting both agricultural sustainability and the welfare of farmers.
Bhitarkanika Mangroves: Odisha’s Biodiversity Paradise
Nestled in Odisha’s Kendrapara district, the Bhitarkanika Mangroves are a vibrant ecosystem teeming with natural wonders. Recognized internationally as a Ramsar Wetland of Importance, this region boasts dense greenery, tranquil rivers, and diverse wildlife, including saltwater crocodiles, rare bird species, and rich aquatic life. A sanctuary for nature lovers, Bhitarkanika offers visitors an immersive experience of ecological splendor while highlighting the importance of conservation. Its peaceful surroundings and unique biodiversity make it a cherished natural treasure, drawing tourists and researchers alike to marvel at its environmental significance and breathtaking beauty.