Indian Development News 🇮🇳
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India ranks first in milk production in the world contributing 24% of global milk production.

The milk production of India has registered 51% increase during the last 8 years i.e during the year 14-15 and 21-22 and increased to 22cr tonne in 21-22. #Agriculture

https://pib.gov.in/PressReleasePage.aspx?PRID=1897084
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India is rushing to secure WAY MORE long-term LNG deals 🇮🇳💰

🚢 Petronet said it wants 12 million tons/year (!!!) worth of new purchase agreements (India imported ~20 million tons last year)
🥊 Rivals in Europe/Asia are also competing for limited supply

Meanwhile, Gail (another Indian LNG importer) is in discussions with Novatek and Adnoc to secure a long-term deal 🤝🤝

Companies are eager to sign long-term deals to reduce their exposure to the kind of volatility that saw spot prices soar to a record last year

#Energy #Trade
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TCS Extends partnership with Phoenix Group
Contract Valued At Over £600m ($723m)
Phoenix is UK's largest long term savings and retirement provider

TCS will digitally tranform co's ReAsure biz using TCS BaNCS

#IT
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RBI increases the repo rate by 25 bps to 6.5%.

#Economy #Inflation
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Vande Bharat #Metro: #Railways To Offer 8 AC Coach Train For Intracity And 12 AC Coach Train For Intercity, Prototypes To Be Unveiled In 3 Months

https://ift.tt/NKLs1hq
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Tracking Mumbai #Metro Line 3 : With 84 Per Cent Work Completed, Phase 1 On Track To be Operational By 2023

via Swarajya https://ift.tt/Yd03uU8
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UAE grants Russian lender rare banking licence

The UAE has approved a licence for MTS Bank, which would ease access to bank accounts for Russians and open a new channel for the flow of money into the UAE. 🇦🇪🤝🇷🇺

UAE is under FATF's enhanced supervision.

#InternationalNews #Geopolitics #NWO
https://t.co/Oj7O7gIGJ6
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India to upgrade Nyoma advanced landing ground in Ladakh to handle fighter jet operations with eye on China.

#Defence
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#Meme of the day

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#ISRO Successfully Tests Throttleable Vikas Engine, To Enable Booster Stage Recovery In #Space Launch Vehicles.

The test demonstrated a targeted 67% thrust level throttling for a duration of 43 s.

https://ift.tt/q65KIRg
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The trials as part of the preparation for Crew Module recovery operations for the Gaganyaan mission have commenced. #ISRO

On Feb 7, 2023, initial trials in a closed pool were conducted in the Water Survival Test Facility (WSTF) of indian navy at Kochi.

https://isro.gov.in/Recovery_trials_Gaganyaan_Mission.html
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Indian MoD has approved the proposal for the indigenous manufacture of 41 sets of Modular Bridges for the Corps of Engineers of the Indian Army.
Designed and developed by DRDO and shall be produced by Larsen & Toubro (L&T) as a DRDO-nominated production agency. #Defence
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