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Larsen & Toubro Awarded Mega $1.5 Billion Contract By Saudi Aramco. 🇮🇳🤝🇸🇦 #Infra #ForeignAffairs
Читать полностью…Energy management and automation major Schneider Electric on Saturday announced plans to open three more manufacturing plants in India.
The company currently has 31 manufacturing plants in the country. The three new plants will come up at Kolkata, Hyderabad and Ahmednagar, he said at the event organised by industry body IEEMA in Greater Noida.
#MakeinIndia
https://t.co/llHmbaRBTv
Delhi Metro signs agreement with Beckhaul Digital to enhance internet connectivity across its network. 700 km fibre network to be laid on the entire route
#Metro #Telecommunication
🇷🇺 Russian President Putin orders ministers to prepare for Western companies' return to Russia. #InternationalNews #NWO
Читать полностью…Electronics #exports reach record-breaking numbers post-PLI yet again
▶️ Electronics exports cross ₹2.5 lakh crore within 10 months of FY25, with ₹1.5 lakh crore from smartphones—the highest ever.
▶️ Run rate is 36% higher than FY24—electronics is the fastest-growing export in the top 10.
▶️ FY25 will see ₹1.65 lakh crore in smartphone exports—a 7X growth within four years of the PLI scheme.
#MakeInIndia
Former RBI Governor Shaktikanta Das, appointed as Principal Secretary-2 to Prime Minister Narendra Modi
#Policy
Zomato & Jio Financial To Replace Britannia & BPCL In Nifty 50 Effective March 28, 2025 #Economy
Читать полностью…USAID to India in 21th Century
#NationalSecurity
📦 India’s reliance on 🇨🇳 imports is growing! Up 6% annually (2017-23), with semiconductor & chip imports rising 10x. Meanwhile, 🇮🇳 exports to China fell 2% yearly. 📉⚙️ #Trade
Читать полностью…🔹 Govt is mulling to slash EV import duty from 110% to 15% Policy awaiting approval (Expected in couple of weeks). 📜
🔹 Tesla gears up for India entry but must invest ₹4150 Cr & set up a plant in 3 years (Expected Approval by July-Aug 2025).
🔹 Automakers must hit ₹2500 Cr turnover by Year 2.
🔹 8,000 premium EVs ( ₹30L+) can be imported at lower duty (Applications mid-2025).
🔹 Negative for M&M, Tata Motors & other local EV makers.
#EV #Policy
Govt will construct Arunachal Pradesh Frontier Highway that will connect 12 districts along the India-China Border
Centre will spend ₹42,000 crore ans it is highest allocation ever made by the Govt for a single project
#Infra #NationalSecurity
Japan has plans to recruit 50,000 youths from Assam to work in their country—Assam CM Himanta Biswa Sarma. #Jobs
Читать полностью…China's arms exports collapses by 23%.
Except Pakistan not many countries are choosing Chinese weapons now. #InternationalNews
DOGE reveals that the Biden administration was funding $21Million for voter turnout in India.
This is serious interference in the electoral process of democratic nation.
Stampede at New Delhi Railway Station, 15 people feared dead
Sudden rush due to MahaKumbh
Artson Engineering Ltd, a subsidiary of Tata Projects Ltd, will set up a passenger shipbuilding unit in Kochi in association with the state public sector Malabar Cements Ltd.
#MakeInIndia
https://t.co/B7KmM1rZQr
🚨 The proposed bilateral trade pact between India and the US will be the "mother of all deals," for both nations, says Piyush Goyal.
#Geopolitics
Govt Bans 119 apps from Google play store on National Security Ground
#NationalSecurity #Policy
Center approved 189.9 kms outer ring road (ORR) in the new city Amaravati, Andhra Pradesh.
#Infra
Quantum computing race between China and US!
While Microsoft announced “Majorana”, Peking University professors published a paper in Nature with a different approach.
The Chinese scientists unveiled the world’s first large-scale quantum entanglement on an optical chip.
The Chinese chip is smaller than Microsoft’s and uses light-based photonic technology that operates at room temperature.
In contrast, the Majorana 1 relies on superconducting materials that require extremely low temperatures to function
#Research #QuantumComputing
Center to withhold Funds to Tamil Nadu until it accepts New Education Policy(NEP)
#Education
🇺🇸⚖️ S&P: Trump's reciprocal tariffs to have limited impact on 🇮🇳 India! With a domestically-driven economy & strong services exports, India is less vulnerable. Trade surplus nations like 🇰🇷🇹🇼🇻🇳 to be hit harder. #Economy
Читать полностью…💰RBI to inject $10B via forex swap on Feb 28!
Second swap in a month after $5.1B on Jan 31
Banking system liquidity deficit ~₹1.7L Cr
More durable liquidity needed to ease tight conditions
Possible ₹80K Cr bond buy + $5B swap by March-end
#Economy #Policy
A #research team in India using a computational approach designed a perovskite solar cell combining a Dion-Jacobson (DJ) 2D layer with a 3D lead-free halide perovskite, a combination that could potentially achieve a power conversion efficiency of 31.16%.
https://t.co/ies5TkbltZ
Google Pay now charges convenience fees on bill payments via credit, debit cards
#Policy
Stryker Infantry Combat Vehicles Face Setback in High-Altitude Trials in Ladakh #Defence
https://idrw.org/stryker-infantry-combat-vehicles-face-setback-in-high-altitude-trials-in-ladakh/
Other notable Spending
-$29M to "strenghening political landscape in Bangladesh"
- $20M for "fiscal federalism" in Nepal
#IndianSubcontinent
India to have a deregulation commission soon : PM MODI
#Policy