Semiconductor Push: India’s Semicon 2.0 (Rs 1.27 lakh crore) expands the chip race beyond fabs into design, machines, materials, advanced packaging and talent, while data-centre power capacity has jumped from ~375 MW (2020) to 1.57 GW (Aug 2026), underlining the digital buildout. US Tariff Shock on Russian Oil: India warned Washington that new US tariff measures tied to Russian oil could hit bilateral ties and energy markets; the law gives the US wide discretion to impose up to 100% tariffs, adding fresh uncertainty for exporters. Aviation Consumer Case: India’s NCDRC upheld a ₹20 lakh penalty on Air India over a defective business-class seat, reinforcing that airlines can’t charge premium fares for substandard service. Energy Efficiency for MSMEs: EESL will audit energy and water use at ~450 MSMEs in Andhra Pradesh, targeting cleaner production and lower costs by Feb 2027. Private Space Milestone: GalaxEye secured a US patent for OptoSAR, combining optical and radar imaging to strengthen India’s commercial space tech. LPG Subsidy Rules: From Oct 1, domestic LPG consumers must complete biometric Aadhaar authentication to book subsidised refills. Shipping Costs Spike: Crude freight rates surged 258% in two months as US-Iran tensions choke routes near Hormuz. Mumbai Metro Safety: MMRDA imposed a ₹2 crore penalty on Metro 4 contractor Godrej & Boyce after a fatal site incident. Odisha Tech Pivot: CM Majhi announced an “Odisha Silicon Valley” (870 acres) and Rs 23,600 crore SEMICON proposals to move the state from mine economy to mind economy.