Hindustan Aeronautics Limited today signed a contract with Argentinian Air Force for supply of spares & engine repair of legacy two-tonne class helicopters. Contract was signed by Brigadier General Xavier Issac, Chief of Argentinian Air Force & HAL chief CB Ananthakrishnan.
#Defence #ForeignAffairs 🇮🇳🤝🇦🇷

Groundwater levels in Bengaluru have increased over the last two years. Thanks to heavy rain, percolation wells and lake rejuvenation programmes, the average #water table level across the city rose by two feet from 2020 to 2021, and by November 2022, another 8 ft were recorded.

Better implementation of projects to tap into rainwater and improve percolation into the ground has paid off. Rejuvenation of lakes in and around Bengaluru has had a great impact.

Zoho grows 10x over 5 years in the UAE since starting operations, announces AED 100 million investment for expansion #IT

https://www.khaleejtimes.com/business/zoho-announces-dh100m-investment-for-uae-expansion

Defense capital⚡🇮🇳

75% of defense capital Procurement budget for FY2023-24 alloted for Indian
Domestic Industry..

75% is apprx (Rs: 1 Lakh Cr) which is Higher then last FY 2022-23 68%

Now only question is if they fully use this money or keep it unspent 😬

#Defence #MakeInIndia

Chara Technologies, a Bengaluru-based startup, has made rare earth-free electric motors that can be used for a variety of applications. The company claims these motors are as efficient as conventional motors and also cheaper because they are made using aluminium, copper and steel plant

Around 1,200 companies in the world are working on the same problem. “This might not just be India’s first, but even the world’s first such efficient switched reluctance motor. This is a made-in-India, built-for-the-world technology,”

#MakeinIndia #Startups
https://m.economictimes.com/small-biz/entrepreneurship/an-electric-motor-from-bengaluru-can-break-chinas-rare-earth-mineral-hegemony/articleshow/97966989.cms

Centre To Merge Eastern Rajasthan Canal Project And Chambal River Link To Ensure Supply In Water Scarce Districts Of Rajasthan #rivers #water

https://ift.tt/sPqIVLu

Maharashtra: Mumbai To Alibaugh Travel Time Set To Reduce Significantly As MSRDC's Revas-Karanja Bridge Over Dharamtar Creek Moves To Award Stage.

#Infra

https://swarajyamag.com/infrastructure/maharashtra-mumbai-to-alibaugh-travel-time-set-to-reduce-significantly-as-msrdcs-revas-karanja-bridge-over-dharamtar-creek-moves-to-award-stage

Govt planning to delist MTNL to merge with BSNL: Report

#Reforms

#AeroIndia2023: BEL To Manufacture Israel's LORA (Long-Range Artillery) Weapon System For Indian Triservices

#MakeInIndia #Defence
https://ift.tt/4grhjpJ

The report found that Bengaluru's rush hour traffic has led to the loss of as much as 129 hours last year.

As per the report, London is the major emitter of #CO2 in terms of CO2 emissions per driven mile.

Read here: https://livemint.com/news/india/from-world-s-2nd-slowest-driving-place-to-5th-largest-co2-emitter-report-reveals-bengaluru-traffic-woes-11676527576458.html

Bharat Forge Limited and Paramount Group signed an MOU for Collaboration for the Development and Production of Composite Rotor Blades, Mission Systems, and Stores Management systems for Medium Lift Helicopters. #MakeInIndia #Aviation #AeroIndia2023

India's Steel Production To Be Doubled To 300 Million Tonne Per Annum By 2030: Union Minister Scindia

https://ift.tt/gSIbKW1

Biden's transportation secretary says USA sees roughly a 1000 train derailments a year. #InternationalNews

Indian Scientists Develop Non-Cytotoxic Nanocomposite Coatings To Prevent Post-Surgical Infections #Health #Research

https://ift.tt/pJBlvds

Indian PSU Baharat Dynamics to produce UAEs Al Tariq line of PGMs #AeroIndia2023 #MakeInIndia #Defence

🇮🇳 Announces Massive Cuts on Windfall Tax for Crude, Aviation Turbine Fuel & Diesel

The tax on profits of domestically produced crude will be slashed by Rs 700/tonne starting Thursday, while export of aviation turbine fuel will come down from Rs 6/litre to Rs 1.5/litre and diesel from Rs 7.50/litre to Rs 2.50/litre, the govt has said.

The cuts were made possible by discounted Russian fuel amid a steady increase in domestic consumption.

Reliance Industries shares reportedly surged 1% after the announcement, while ONGC gained 3%. India introduced windfall tax on profits of energy companies in July 2022.

#Economy #Exports #Energy

The country's merchandise exports have recorded a healthy growth in both value and volume terms in 2022, economic think tank Global Trade Research Initiative (GTRI) said in a report on Thursday.

The outbound shipments rose by 14.6 per cent year-on-year to USD 453.3 billion in 2022.

Products whose export quantities increased over the previous year represent USD 285.6 billion (63 per cent of total exports

#MakeinIndia #Exports
https://t.co/C6vT2z9Nlt

IAF develops indigenous position sharing jamproof datalink (Vayulink) for sharing positions of aircraft and ground troops and vehicles with base station and other aircraft securely. It uses NAVIC sat navigation instead of GPS. #Defence