India, France to jointly develop N-reactors, AI

14 Feb 2025 CW Team

India and France decided to strengthen their strategic partnership as Prime Minister Narendra Modi sat down with French President Emmanuel Macron to firm up plans to bolster cooperation in nuclear energy and artificial intelligence (AI).

Both countries will join hands to develop small modular reactors (SMRs) as well as advanced modular reactors (AMRs). New Delhi and Paris will also work together to develop safe, secure and trustworthy AI. France has already announced plans to invest 鈧�110 billion in AI.

Modi and Macron agreed to enhance cooperation in the Indo-Pacific region with a joint declaration of intent for 鈥榯riangular development鈥� to support the economic growth of countries in the region.

The two leaders also visited Marseille鈥攖he second-most populous French city after Paris鈥攚here Macron hosted a private dinner for Modi. There they jointly inaugurated India鈥檚 Consulate General and toured the International Thermonuclear Experimental Reactor (ITER) facility.

The bilateral roadmap on AI envisions that the norms reflect democratic values and promote human development.

Real Estate

17 Jun 2025

Ashwin Sheth Group Buys 50% Stake in One Marina

Mumbai-based real estate developer Ashwin Sheth Group has acquired a 50 per cent stake in the Rs 23 billion (USD 275 million) luxury residential project One Marina, located in South Mumbai鈥檚 upscale Marine Lines. The acquisition was announced on 11 June and marks a major move in the city's premium housing market.The stake was acquired from Vallabh Sheth and Jitendra Sheth, promoters of Sheth Creators, who previously co-owned the project along with YM Infra, the landowner. This acquisition was supported by a substantial USD 65 million (over Rs 5.4 billion) investment commitment from PAG Singa..

Infrastructure Transport

17 Jun 2025

96km Rail Line to Link Rajasthan's Sirohi to Network

In a major step towards improving infrastructure in Rajasthan, the central government has approved the final location survey for a 96-kilometre railway line connecting Marwar Bagra (Jalore)鈥揝irohi鈥揝warupganj, thereby integrating Sirohi district into the national railway network for the first time.The approval, announced on Monday, marks a long-awaited development for tribal-dominated western Rajasthan. Sirohi, currently without a rail link, lies near the important Delhi鈥揂jmer鈥揂bu Road鈥揂hmedabad corridor, while Jalore is already on the Samdari鈥揃hildi鈥揋andhidham route.Railway Minis..

Infrastructure Transport

17 Jun 2025

Push Grows for Berhampur-Sambalpur Rail Via Phulbani

A coalition of social organisations under the Milita Kriya Anusthan Committee has stepped up its campaign for the construction of a Berhampur鈥揝ambalpur (Rairkhol) railway line via Bhanjanagar and Phulbani, aiming to improve rail connectivity in southern Odisha.On Friday, the group launched a public awareness drive across Ganjam and Kandhamal districts, highlighting the urgent need for the proposed railway route. A "Vikash Rath" bus, carrying around 40 committee members, began its journey from the local railway station, stopping for public meetings in Hinjili, Aska, and Bhanjanagar, with a fo..