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Gold imports rise by nearly 29% to $69 bn in Apr-Feb 2025-26

Economictimes.indiatimes.com 

India's gold imports saw a significant rise of 28.73 percent, reaching USD 69 billion in the first eleven months of fiscal 2025-26. This surge, attributed to elevated gold prices, has contributed to a wider trade deficit. Switzerland remains the primary source for these imports. The increased gold imports also impact the country's current account deficit.

India accounts for 25% of global groundwater use, says committee, flags over-extraction

Economictimes.indiatimes.com 

India faces a critical challenge with excessive groundwater extraction, contributing 25 percent to global withdrawals. A parliamentary committee has urged the Jal Shakti Ministry to act. States are urged to implement stringent measures to curb over-extraction. Recent assessments show some improvement, but sustained efforts are vital for long-term water security.

Mumbai's Elphinstone bridge becomes history; new east-west connector to rise

Economictimes.indiatimes.com 

Mumbai's historic Elphinstone Road Overbridge is now history. Workers dismantled the 113-year-old British-era structure on Sunday. This marks the removal of five such bridges between CSMT and Kurla. The dismantling creates space for additional suburban lines. A new double-decker ROB will replace it. This upgrade aims to improve rail operations and commuter safety.


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