Russia’s largest lender Sberbank’s branch in India has received permission from the Reserve Bank of India to establish an information technology unit in Bengaluru, where it plans to employ up to 200 IT specialists.
The new #IT office would house Sberbank’s in-house data processing centre, it said.
https://t.co/WxfRtQV7oF
The new #IT office would house Sberbank’s in-house data processing centre, it said.
https://t.co/WxfRtQV7oF
Financial Express
Russia’s largest lender Sberbank to establish IT centre in Bengaluru
The Bengaluru office will be fully focused on developing information technologies.
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⭐ German luxury carmaker BMW will locally produce its electric vehicles in India, and it is just a matter of time as the company's vehicles continue to gain traction in the market, according to a senior company official.
#EV #MakeInIndia
Source 🔗
#EV #MakeInIndia
Source 🔗
cnbctv18.com
Local assembly of electric vehicles in India just a matter of time: BMW
In the first half of 2023, BMW’s total luxury car sales, comprising BMW and MINI brands, in India stood at 5,867 units.
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🇮🇳 India's machinery exports to Russia and CIS countries jump three-fold in a year
⭐ Meanwhile, India’s engineering exports to many key markets, especially the US, EU, and China continued to decline June.
#Exports
Source 🔗
⭐ Meanwhile, India’s engineering exports to many key markets, especially the US, EU, and China continued to decline June.
#Exports
Source 🔗
mint
India's machinery exports to Russia jump three-fold in a year amid war
Meanwhile, India’s engineering exports to many key markets, especially the US, EU, and China continued to decline June
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🇮🇳 India to invest more in Nepal’s 🇳🇵 Pancheshwar Multipurpose Project.
⭐ Pancheshwar Multipurpose Project (PMP) is a bi-national hydropower project to be developed in Mahakali River bordering Nepal and India.
#Geopolitics #India
Source 🔗
⭐ Pancheshwar Multipurpose Project (PMP) is a bi-national hydropower project to be developed in Mahakali River bordering Nepal and India.
#Geopolitics #India
Source 🔗
ThePrint
India to invest more in Nepal’s Pancheshwar Multipurpose Project
New Delhi [India], July 23 (ANI): According to a senior official at the Ministry of Energy, Water Resources and Irrigation, India has agreed in principle to invest more in the Pancheshwar Multipurpose Project, a move that could pave the way for the development…
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🇮🇳 Indian Air Force (IAF) has asked the French 🇫🇷 firm Dassault, the original manufacturer of the fighter, to integrate indigenous weapons on Rafale fighter jets. The move could be a big success for 'Make in India' in defence and also open the global market for Indian weapons.
#Defence #India #MakeInIndia
Source 🔗
#Defence #India #MakeInIndia
Source 🔗
India Today
India to integrate indigenous weapons on Rafale fighter jets
The Indian Air Force (IAF) has asked the French firm Dassault, the original manufacturer of the fighter, to integrate indigenous weapons on Rafale fighter jets. The move could be a big success for 'Make in India' in defence and also open the global market…
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Vedanta says it remains fully committed to build India’s first #semiconductor and display fabs in Dholera, even after Foxconn's withdrawal from the project.
🔸A statement by Akarsh K Hebbar, MD of Vedanta Semiconductors & Display
🔸Land has been allotted in Dholera & work is already underway to prepare it for construction of the fabs.
#MakeInIndia
🔸A statement by Akarsh K Hebbar, MD of Vedanta Semiconductors & Display
🔸Land has been allotted in Dholera & work is already underway to prepare it for construction of the fabs.
#MakeInIndia
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Indian Development News 🇮🇳
⭐Algeria applies to join BRICS, would contribute $1.5 bln to group bank. ⭐More than 40 countries have expressed interested in joining the BRICS group of nations, South Africa's top diplomat in charge of relations with the bloc said this week. #InternationalNews…
👉 South Africa who is hosting the BRICS in August has officially sent invitations to the leaders of 70 countries for the summit.
⭐ No western leader invited.
#Geopolitics
Source 🔗
⭐ No western leader invited.
#Geopolitics
Source 🔗
City Press
SA invites 70 heads of states to the BRICS summit, but Western leaders excluded | City Press
This year’s BRICS summit, at the Sandton Convention Centre in Johannesburg, is expected to be one of the largest with more than 70 invitations already sent out.
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👀 Nepal’s ruling Maoist party members begin visit to India as part of ‘Know BJP’ programme.
⭐ The delegation led by Pampha Bhusal will spend two days in Uttarakhand and comes one and half months after the party leader and Prime Minister Pushpa Kamal Dahal ‘Prachanda’ visited India.
#Geopolitics #India
Source 🔗
⭐ The delegation led by Pampha Bhusal will spend two days in Uttarakhand and comes one and half months after the party leader and Prime Minister Pushpa Kamal Dahal ‘Prachanda’ visited India.
#Geopolitics #India
Source 🔗
The Hindu
Nepal’s ruling Maoist party members begin visit to India as part of ‘Know BJP’ programme
A five-member delegation of the Communist Party of Nepal (Maoist Centre) began its six-day India visit, from July 23 to 28, at the invitation of the BJP. The delegation led by Pampha Bhusal will spend two days in Uttarakhand and comes one and half months…
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14-year-old children can work night shifts; at 16, they can do construction work.
The number of kids in US workforce has increased by 37% since 2015.
Read this article to learn the horrors of late stage capitalism and pure greed in "The Land of The Free"
#MustRead #InternationalNews
https://t.co/PGgx4IdueI
The number of kids in US workforce has increased by 37% since 2015.
Read this article to learn the horrors of late stage capitalism and pure greed in "The Land of The Free"
#MustRead #InternationalNews
https://t.co/PGgx4IdueI
The Nation
Child Labor in America Is Back—and It’s As Chilling as Ever
It should be a reminder of how deeply retrogressive capitalism has once again become both here at home and elsewhere across the planet.
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Adani's $1.1 bn copper project to start operations from Mar 2024 in Mundra. #aatmanirbharbharat
https://t.co/UHFjmBOcIn
https://t.co/UHFjmBOcIn
The Economic Times
Adani's $1.1 bn copper project to start operations from Mar 2024
Billionaire Gautam Adani-led group's copper-producing factory at Mundra in Gujarat will start operations from March next year, helping cut India's dependence on imports and aiding energy transition. For Phase-1, capacity of 0.5 million tonnes per annum, Kutch…
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Bengaluru based Alpha Design Technologies Ltd (ADTL) has signed an order to supply 400 Software Defined Radio (SDRs) for Indian Army tanks. #aatmanirbharbharat #Defence
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Towards Carbon Neutrality: V O Chidambaranar Port Authority Leases Land For Rs 52,474 Crore Green #Hydrogen Project
#aatmanirbharbharat #Energy
https://ift.tt/0jImGFJ
#aatmanirbharbharat #Energy
https://ift.tt/0jImGFJ
Swarajyamag
Towards Carbon Neutrality: V O Chidambaranar Port Authority Leases Land For Rs 52,474 Crore Green Hydrogen Project
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With #AI-Enabled Tech, Indian Navy To Soon Start Testing Advanced Control Systems For Warships, Submarines
#Defence
https://ift.tt/n4hy16R
#Defence
https://ift.tt/n4hy16R
Swarajyamag
With AI-Enabled Tech, Indian Navy To Soon Start Testing Advanced Control Systems For Warships, Submarines
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🛫Navi Mumbai Airport set to see planes take off starting August next year.
⭐️Devendra Fadnavis, the Deputy Chief Minister of Maharashtra, announced that the Navi Mumbai airport is scheduled to become operational in the coming year.
#Aviation #Infra
Source 🔗
⭐️Devendra Fadnavis, the Deputy Chief Minister of Maharashtra, announced that the Navi Mumbai airport is scheduled to become operational in the coming year.
#Aviation #Infra
Source 🔗
Financial Express
Navi Mumbai Airport set to see planes take off starting August next year – Know the project, design, structure, other key details
According to Fadnavis, planes are expected to start taking off from the airport in August 2024.
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📝 Pakistan 🇵🇰 has to repay $2.44 billion of external debt in July 2023.
⭐️The debt also includes $2.44 billion for the current month of July 2023 owed to China, reports ANI quoting the NEws International.
⭐️Moreover, another $1 billion safe deposit from China is also due.
⭐️At a time when the whole country is struggling to meet the International Monetary Fund's demands, the finance department issued a notification sanctioning Rs 2.3 billion for the purchase of new luxury vehicles.
#Economy #Geopolitics
Source1 🔗
Source2 🔗
⭐️The debt also includes $2.44 billion for the current month of July 2023 owed to China, reports ANI quoting the NEws International.
⭐️Moreover, another $1 billion safe deposit from China is also due.
⭐️At a time when the whole country is struggling to meet the International Monetary Fund's demands, the finance department issued a notification sanctioning Rs 2.3 billion for the purchase of new luxury vehicles.
#Economy #Geopolitics
Source1 🔗
Source2 🔗
mint
Pakistan has to repay $2.44 billion of external debt in July 2023
Pakistan's external debt servicing obligations for July 2023 amount to USD 2.44 billion, with USD 2.07 billion owed to China and USD 195 million to Saudi Arabia
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🤖 Electronics exports grew 56% in Q1(April-June period), at 4th in pecking order.
⭐️As per experts, at this rate, electronics is likely to emerge as the third largest category of exports in the coming quarters as its gap with the current gems and jewellery segment is narrowing fast.
⭐️Electronics have overtaken chemicals and drugs and pharmaceuticals to jump from sixth largest exports category to become the fourth largest in Q1 FY24.
#Trade #Economy #India
Source 🔗
⭐️As per experts, at this rate, electronics is likely to emerge as the third largest category of exports in the coming quarters as its gap with the current gems and jewellery segment is narrowing fast.
⭐️Electronics have overtaken chemicals and drugs and pharmaceuticals to jump from sixth largest exports category to become the fourth largest in Q1 FY24.
#Trade #Economy #India
Source 🔗
The Economic Times
Electronics exports grew 56% in Q1, at 4th in pecking order
As per experts, at this rate, electronics is likely to emerge as the third largest category of exports in the coming quarters as its gap with the current gems and jewellery segment is narrowing fast. Electronics have overtaken chemicals and drugs and pharmaceuticals…
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