๐ฉ๐ชGermany's manufacturing PMI plummeted to 38.8, twelve consecutive months of contraction.
This is very bad news for Europe's largest economy, where a 'green economic miracle' was promised to citizens.
Closely look at graph ๐: It reached bottom during 2008 crisis, COVID and now.
Source: DiscloseTV
#NWO #Economy
This is very bad news for Europe's largest economy, where a 'green economic miracle' was promised to citizens.
Closely look at graph ๐: It reached bottom during 2008 crisis, COVID and now.
Source: DiscloseTV
#NWO #Economy
๐11๐ซก4
๐ธ Taxpayers in India can now pay income tax via PhonePe. 'Income Tax Payments' feature is enabled in PhonePe.
#India #Economy
Source ๐
#India #Economy
Source ๐
CNBCTV18
PhonePe launches income tax payment feature on its app: How to avail - CNBC TV18
PhonePe has partnered with PayMate, a leading digital B2B payments and service provider to enable this feature. Users can choose to pay their taxes using their credit card or Unified Payments Interface (UPI).
๐19
India comes on 9th spot in world in holding of Gold reserves.
As world is moving to post Dollar world, #India should increase her Gold reserves.
Source
#Geopolitics
As world is moving to post Dollar world, #India should increase her Gold reserves.
Source
#Geopolitics
๐26๐2
โญ๏ธ Tesla representatives are set to meet Piyush Goyal this month to discuss plans for a factory that will produce a brand-new $24,000 car, according to a report
#Infra #MakeInIndia
https://mybs.in/2cGJbvg
#Infra #MakeInIndia
https://mybs.in/2cGJbvg
Business-Standard
Tesla to discuss factory plan for new $24,000 car with Goyal: Report
The $24,000 EV Tesla representatives were said to have described in discussions about a potential Indian plant would be 25% cheaper than its current lowest priced offering
๐14
Bearish bets on dollar hit record
Asset managers increased bearish bets on the dollar to a record high amid speculation slowing US inflation will hasten the end of the Fed's 16-month run of policy tightening.
Institutional investors, including pension funds, insurers and mutual funds, increased their net short position on the greenback by 18% to 568,721 contracts in the week through July 18.
Asset managers boosted dollar net shorts by the most against the euro and pound. At the same time, they cut yen shorts by the most since March 2020.
Amid slowing inflation, the Federal Reserve is expected to raise its key rate by 25 basis points this week but may start cutting it early next year.
#NWO #Economy
Asset managers increased bearish bets on the dollar to a record high amid speculation slowing US inflation will hasten the end of the Fed's 16-month run of policy tightening.
Institutional investors, including pension funds, insurers and mutual funds, increased their net short position on the greenback by 18% to 568,721 contracts in the week through July 18.
Asset managers boosted dollar net shorts by the most against the euro and pound. At the same time, they cut yen shorts by the most since March 2020.
Amid slowing inflation, the Federal Reserve is expected to raise its key rate by 25 basis points this week but may start cutting it early next year.
#NWO #Economy
๐8๐4
Wang Yi and Ajit Doval met. Discussions on border issue.
#Geopolitics
https://www.news18.com/world/nsa-ajit-doval-meets-senior-chinese-diplomat-wang-yi-on-sidelines-of-brics-meeting-8416927.html
#Geopolitics
https://www.news18.com/world/nsa-ajit-doval-meets-senior-chinese-diplomat-wang-yi-on-sidelines-of-brics-meeting-8416927.html
๐16
India To Launch 7 Singaporean Satellites
According to Business Standard newspaper, the satellites will be launched into orbit using the Indian launch vehicle PSLV-C56.
The launch is scheduled for 06:30 July 30 from the Satish Dhawan Space center on the island of Sriharikota.
#India #Space #ISRO
According to Business Standard newspaper, the satellites will be launched into orbit using the Indian launch vehicle PSLV-C56.
The launch is scheduled for 06:30 July 30 from the Satish Dhawan Space center on the island of Sriharikota.
#India #Space #ISRO
๐15๐4
๐ฎ๐ณIndia has taken its first step to introduce Controlled Human Infection Studies (CHIS), used in many countries for vaccine and treatment development.
โญThis relatively new research model which involves intentionally exposing healthy volunteers to pathogens in a controlled environment, has been used to study malaria, typhoid, dengue, etc.
#Health #Research
Source ๐
โญThis relatively new research model which involves intentionally exposing healthy volunteers to pathogens in a controlled environment, has been used to study malaria, typhoid, dengue, etc.
#Health #Research
Source ๐
The Hindu
India takes its first step towards opening door to Controlled Human Infection Studies
ICMR Bioethics Unit has proposed a consensus policy statement to introduce Controlled Human Infection Studies (CHIS) in India, which involves exposing healthy volunteers to pathogens in a controlled environment. The document addresses ethical concerns andโฆ
๐8๐3๐ค2
๐บ๐ธ ๐ต ๐จ๐ณ IMF now supporting de-dollarization?
"IMF spokesperson Julie Kozack confirmed that Argentina had paid off part of its debts โ equivalent to $1.1 billion of the $2.7 billion that matured last month โ with the IMF in Chinese yuan."
#Economy #NWO
https://moderndiplomacy.eu/2023/07/23/de-dollarization-imf-hints-at-allowing-countries-to-use-chinese-yuan-for-debt-repayment
"IMF spokesperson Julie Kozack confirmed that Argentina had paid off part of its debts โ equivalent to $1.1 billion of the $2.7 billion that matured last month โ with the IMF in Chinese yuan."
#Economy #NWO
https://moderndiplomacy.eu/2023/07/23/de-dollarization-imf-hints-at-allowing-countries-to-use-chinese-yuan-for-debt-repayment
Modern Diplomacy
De-dollarization: IMF hints at allowing countries to use Chinese Yuan for debt repayment
The International Monetary Fund (IMF) has hinted that it may accept the Chinese Yuan as a currency for countries to settle their obligations with the IMF following Argentinaโs recent debt repayment in yuan. IMF spokesperson Julie Kozack confirmed that Argentinaโฆ
๐12๐คฏ3
Reliance Industries Ltd (RIL) is joining hands with Brookfield Infrastructure Partners Lp & Digital Realty Trust Inc. in a three-way venture for setting up special purpose vehicles aimed at developing data centres in India.
RIL will hold a 33.33% stake in the SPVs, a joint statement by the three partners said.
#India #Economy #Infra
https://www.livemint.com/companies/news/reliance-industries-to-acquire-33-stake-in-brookfield-digital-realty-data-centre-venture-11690216647189.html
RIL will hold a 33.33% stake in the SPVs, a joint statement by the three partners said.
#India #Economy #Infra
https://www.livemint.com/companies/news/reliance-industries-to-acquire-33-stake-in-brookfield-digital-realty-data-centre-venture-11690216647189.html
๐12โค2
Indian firm 'Samvardhana Motherson' has acquired Germany's Dr. Schneider Group for $131.6 million.
#India #Economy
Source ๐
#India #Economy
Source ๐
Automotive News Europe
India's Samvardhana Motherson buys Germany's Dr. Schneider for $132M
Samvardhana Motherson International said it has acquired Germany's Dr. Schneider Group through an insolvency process for $131.6 million.
๐10๐7
Indian Development News ๐ฎ๐ณ
Wang Yi and Ajit Doval met. Discussions on border issue. #Geopolitics https://www.news18.com/world/nsa-ajit-doval-meets-senior-chinese-diplomat-wang-yi-on-sidelines-of-brics-meeting-8416927.html
๐ฎ๐ณโก๐จ๐ณ Situation along the LAC in the Western Sector of the India-China boundary since 2020 had eroded strategic trust and the public and political basis of the relationship: Indian Readout of NSA Doval & China's Wang Yi meet #ForeignAffairs
๐13๐1๐ซก1
Govt steps up focus on exploration of critical minerals.
The mines ministry has increased focus on exploration of these minerals through Geological Survey of India (GSI) and other agencies, the minister said.
Starting from 2020-21 when there were only 59 projects in critical minerals, these have risen to 122 in FY24.
#Minerals #India #Economy
Source ๐
The mines ministry has increased focus on exploration of these minerals through Geological Survey of India (GSI) and other agencies, the minister said.
Starting from 2020-21 when there were only 59 projects in critical minerals, these have risen to 122 in FY24.
#Minerals #India #Economy
Source ๐
mint
Govt steps up focus on exploration of critical minerals
The government has released a list of 30 critical minerals for India and would focus on exploration and subsequent production of these
๐10๐3
Morgan Stanley analyses Indiaโs economic transformation between 2013 and 2023. #Economy
โค22๐1
Norway's embassy in Sri Lanka and Maldives to shut down from 31st July. All operations related to Sri Lanka and Maldives will be operated from Norway's embassy in New Delhi.
#ForeignAffairs #NWO
#ForeignAffairs #NWO
๐คฏ11๐5๐ฅ1
Indian Development News ๐ฎ๐ณ
Norway's embassy in Sri Lanka and Maldives to shut down from 31st July. All operations related to Sri Lanka and Maldives will be operated from Norway's embassy in New Delhi. #ForeignAffairs #NWO
Norway will also shut down it's embassies in Slovakia and Kosovo. #InternationalNews
๐ค11๐2