Indian Development News 🇮🇳
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For second consecutive year, Nepal exports surplus electricity to India

Buoyed by surplus rainfall this year, Nepal is exporting surplus electricity to India through its power exchange market for the second consecutive year, state-owned power utility body, the Nepal Electricity Authority (NEA) has said.

In November 2021, the Energy Exchange under India’s Power Ministry had granted permission to Nepal after persistent lobbying from Kathmandu, as the NEA is now in a position to sell its surplus energy.
#ForeignAffairs

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PepsiCo to invest Rs 186 cr on expansion of Mathura food manufacturing facility

Food and beverages major PepsiCo India on Friday said it will invest an additional Rs 186 crore for the expansion of its food manufacturing facility at Kosi Kalan, Mathura in Uttar Pradesh to produce nacho chip brand Doritos. Following this, PepsiCo's overall investment in its largest greenfield foods manufacturing plant that produces Lay's potato chips would be Rs 1,022 crore.

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India expressed concerns over Turkish actions destabilizing the situation in the northern part of the Syria at an informal meet at United Nations Security Council .

This comes few days after Turkey's PM Erdogan's statement favouring Pakistan on Kashmir issue during which he also said "Support our Kashmiri brothers".

#ForeignAffairs
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India’s foreign exchange reserves topped the $600 billion mark again, just a month after the reserves slipped below the central bank’s comfort level.

Forex reserves were $601.4 billion for the week ended May 27 versus $597.5 billion in the preceding week

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New Under construction Parliament building of India. #Infra #Infrastructure
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New garment buyers from the Czech Republic, Egypt, Greece, Jordan, Mexico, Spain, Turkey, Panama and South Africa among others have started negotiating with Indian companies to replace purchases from China.
#MakeInIndia
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What Indians eat and drink, in 5 charts #MustRead

Junk/Fried foods appear to be going out, and meat is in. But fruits are still far from ubiquitous. Alcohol and tobacco are finding fewer takers, especially among the young. Here’s what the NFHS says about India’s food and drink habits.


#Health
Read here
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Wishing Happy Birthday to the Mahant of Gorakhnath Peeth and the Honourable Chief Minister of UP Shri Yogi Adityanath Ji 💐💐💐

A leader of the people, an able administrator whose face in time has become synonymous with growth and development of UP.

As the channel is dedicated to development we would like to wish him on his Birthday for he has done more for upliftment of the Northern India than many in past combined.
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India achieved the target of 10% #ethanol blending in petrol, says PM Narendra Modi at 'Save Soil Movement' event
#Oil #Energy
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Defence Minister Rajnath Singh to visit Vietnam🇻🇳 on June 8, will handover 12 High Speed Guard Boats constructed under India’s $US 100 million #Defence Line of Credit
#Exports
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Water treatment solutions provider Daiki Axis Japan is setting up its second plant in India at Haryana with an investment of Rs 200 crore. The plant with a capacity to produce 1,000 sewage treatment units with Japanese “Johkasou” technology is coming up .
#MakeInIndia #Water

https://www.financialexpress.com/industry/daiki-axis-japan-setting-up-second-unit-in-india-at-rs-200-cr-investment/2548955/
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