Indian Development News 🇮🇳
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USAF F-35A arrives at #AeroIndia2023.
First time a 5th gen fighter has landed on Indian soil.
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The first green #hydrogen manufacturing project by an oil refinery in the country is likely to be concluded, two years after it was floated by Numaligarh Refinery for producing green hydrogen of capacity 300 Kg per hour (2.4 KTPA).

#Energy #aatmanirbharbharat
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Renault And Nissan To Invest $600 Million In Tamil Nadu, To Introduce Six New Models Including #EV

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India's seafood exports to reach all-time high of $8 bn despite hurdles.
Country's seafood exports are likely to reach an all-time high of $ 8 billion in FY 2022-23 despite three years of a sluggish global market caused by the pandemic, logistical hurdles.

#India #Economy #Trade
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Indian Army Gets 'World's First' Fully Operational SWARM Drone System; Capable Of Hitting Targets 50 Km Away
#Drones #Defence #aatmanirbharbharat

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BEST Rolls Out India's First AC Double Decker Electric Bus, Commercial Services To Begin Soon #EV

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Costly food and fuel drive retail #inflation to a fresh high of 6.52% surpassing RBI's tolerance limit in January #Economy
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Mahindra & Mahindra recently announced that the XUV400 electric SUV has garnered more than 15,000 bookings since launch. Mahindra’s first electric SUV, XUV400 received 10,000 bookings in just 4 days.

#EV
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Turkey insults iron-brother Pak, refuses to host Shehbaz Sharif and bars him from entering the country. #InternationalNews
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Today some people celebrate Valentine's day.

Lest we forget, today is the anniversary of the cowardly Pulwama attack by Jihadists.

We pay homage to all brave soldiers who laid down their lives for our motherland.

#India
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IAF has updated it's offensive doctrine, which now seeks to strike the enemy’s strategic and high-value counter-force and counter-value target systems deep inside the adversarial heartland: Report.

#India #Defence
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Income Tax officials conducts survey in BBC offices in Delhi and Mumbai.
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UDAN Scheme: Over Rs 2,300 Crore Given As VGF; Revival Of 100 Unserved And Under-Served Airports, Helipad And Water Aerodromes By 2024 #Aviation #Infra

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How many Indians earn more than Rs 10 lakh a year? The answer is 81 lakh in FY21, according to a Lok Sabha reply filed today. In FY15 it was just 22.5 lakh, which implies growth of almost 4x in 6 years. The highest tax bracket kicks in at this level (under old tax regime).

The number of people in the 5-10 lakh bracket is up from 53.3 lakh in FY15 to 1.4 crore - a growth of almost 3 times. The total number of taxpayers in India has also grown from 4 crore in FY15 to 6.33 crore in FY 21, but this is much slower than the growth in higher tax brackets.

#Economy
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