Mobile Manufacturing Push: India notified the Rs 62,500-crore Mobile Phone Manufacturing Scheme (MPMS), with production-linked incentives (2.25%-5%) and extra support for Indian mobile brands and local component sourcing. Energy Security & Storage: PNGRB cleared ~1,800 km of LPG pipelines in a Rs 7,000-crore push, while NTPC Renewable Energy won a 500 MW SECI tender at ₹6/kWh; NTPC Green Energy also continues grid-scale storage momentum. Renewables Pipeline: Nuvama expects India to add 45-50 GW renewable capacity annually for two years, backed by a large PPA pipeline. Space Industry Shift: ISRO is moving toward private-sector manufacturing of launch vehicles and routine satellites, with ISRO refocusing on R&D and advanced missions. Aviation & Logistics: India expanded transshipment cargo reforms at Delhi airport, cutting transit time on the Chennai–Delhi–Frankfurt route; India also plans a 2027 pilot cargo vessel via Russia’s Northern Sea Route. Retail & Consumer: Carrefour returned to India with a food-first store in Greater Noida West. Markets & Tech: EY-Julius Baer see India’s alternative investment market topping USD 2 trillion by 2034; CLSA flags AI as a long-term growth driver for IT services but warns of near-term headwinds. City Watch: Mumbai’s seven lakes hold 94.69% live storage; Delhi ends physical boarding-pass stamping for international flyers from Sept 1.