Indian Railways implemented a second passenger fare hike, primarily affecting longer routes and higher classes, while continuing cross-subsidization from freight revenues. Despite a declining freight market share, ambitions to increase it face uncertainty. In contrast, India's wind energy sector is experiencing growth, with record capacity additions expected in 2025, though challenges like slow power-purchase agreements and regulatory delays persist. Experts note 2025 as a turning point influenced by trade, migration, capital flows, and AI, with trade policy shifting towards security and migration curbs impacting labor markets.