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Current affairsRishikesh-Karnaprayag Rail Project: 41st Tunnel Breakthrough — Escape Tunnel-1 Completes 10.847 kmRail Vikas Nigam Limited (RVNL) completed the 41st tunnel breakthrough on the Rishikesh–Karnaprayag New Broad Gauge Rail Line Project with the final breakthrough of Escape Tunnel-1 — 10.847 km long and the second-longest tunnel in the project — marking a major step toward completing India's most tunnelled railway project in the Himalayas. Current affairsCochin Shipyard–Drydocks World ₹1,800 Crore JV for ISRF Kochi: India's Ship Repair Sector Gets a Global PartnerCochin Shipyard Limited (CSL) and Drydocks World Dubai FZCO (DDW), a subsidiary of DP World UAE, signed a 50:50 equity joint venture agreement to own and operate the International Ship Repair Facility (ISRF) at Willingdon Island, Kochi. The JV values the ISRF at ₹1,800 crore and aims to make Kochi a premier ship-repair hub in the Indian Ocean region, with plans to add ten new workstations. Current affairsPress Note 3 Amendment 2026: India Eases FDI from Land-Border Countries — Sub-10% Ownership on Automatic Route, ₹4,896 Crore Flows Across 29 ProjectsThe Union Cabinet on 10 March 2026 amended Press Note 3 (2020 Series) — the FDI restriction framework for countries sharing a land border with India (China, Pakistan, Bangladesh, Nepal, Bhutan, Myanmar, Afghanistan). The key change: investors where the land-border country entity holds below 10% ownership may now invest via the automatic FDI route. By 10 August 2026, ₹4,896 crore had flowed in across 29 projects under the relaxed framework, primarily channelled through Mauritius, Singapore, and the US — not yet through direct Chinese FDI.