🇮🇳 India's per capita income may rise 1.6 times to $4,000 (Rs 3.2 lakh) by 2030, turning the country into an upper-middle income country: Standard Chartered

🇨🇳 For comparison China's per capita in 2021 was $12,000.

#Economy

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The Centre spent ₹1.08 trillion on Rashtriya Rail Sanraksha Kosh (RRSK) or rail safety-related works during 2017-18 to 2021-22. #Railways

Read here: https://livemint.com/news/india/railways-spent-rs-1-08-trillion-towards-safety-from-2017-18-to-2021-22-vaishnaw-11690021564388.html

US-based semiconductor company Micron Technology on Friday said it is all geared up for setting up India's first chip facility in Gujarat, which will create 5,000 direct and 15,000 indirect jobs in coming years.
#MakeInIndia #Semiconductor

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Vedanta will invest $5 billion in the first phase of setting up its semiconductor fab, packaging testing unit and display fab unit, for which capital allocation will be done through a mix of debt and equity, the group’s chairman Anil Agarwal said. #semiconductor #MakeInIndia

Read here: https://www.livemint.com/companies/news/vedanta-to-invest-5bn-in-first-phase-for-semicon-fab-comfortable-in-debt-position-anil-agarwal-11690544737735.html

🇮🇳India Power Giant NTPC’s Net Income Climbs 9.4% to $495 Million
▶ Utility recovers higher fixed costs from power distributors.
▶ Electricity generator’s energy sales, revenue decline in year.

#Energy

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🇮🇳 Manipur starts capturing biometric data of illegal immigrants from Myanmar.

▶ A total of 104 inmates including 24 men, 74 women, and six minors are currently lodged at the detention centre.

▶ All of these immigrants are from Myanmar and they crossed over to Indian territory in the past two years.

▶ Govt of India to complete the campaign for biometric capture of illegal Myanmar immigrants by September 2023.

#Manipur #India #Defence

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Indian Navy has decided to discontinue the practice of carrying batons by its senior officers with immediate effect. This decision to stop the custom that has been following since British era is a part of the Navy’s effort to shed colonial-era influences #Reforms

https://t.co/fDFKYvZyn5

Saudi Arabia invests $10 billion for Pakistan's largest oil refinery in Gwadar, boosting economic growth and refining capacity.

#Geopolitics #IndianSubcontinent

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USA and France lose the geopolitical war against Russia in Africa, as the last country of the Sahel region, Niger fell to a military coup. #Geopolitics #InternationalNews

https://www.youtube.com/watch?v=c0B56yst9no&t=0s

A #MustRead article‼️

The Biden admin is hunting for malicious computer code it believes China has hidden deep inside the networks controlling power grids, communications systems, railways systems, water supplies etc.

If gaining advantage in a Taiwan confrontation is at the heart of China’s intent, slowing down American military deployments by a few days or weeks by crippling USA's cyber and physical infrastructure might give China a window in which it would have an easier time taking control of the island by force.

#Geopolitics #InternationalNews #cyberwarfare
https://t.co/Ni9NnyJ90G

Russia has acquired manifold oil and gas assets in Africa, just as Wagner PMC has flooded the African continent, trading security services for lucrative oil, gold, diamond and timber concessions. #Geopolitics

Report: No women candidate managed to pass Indian Navy's Special Forces (Marcos) selection course. #Defence

PSLV-C56 vehicle successfully launches 7 Singapore satellites into intended orbit. #ISRO

A 12% GST will now be levied on rent paid for hostel accommodations and by paying guests, the Authority of Advance Ruling (AAR) announced in two separate cases.

The Bengaluru bench of the Authority of Advance Ruling (AAR) said hostels are not akin to residential dwelling units and hence are not exempt from Goods and Services Tax (GST).

#Policy
https://www.livemint.com/economy/rent-on-hostel-paying-accommodations-to-attract-12-gst-heres-why-11690646326831.html

Over 1,200 #biogas plants, including 320 compressed biogas (CBG) units and 892 conventional plants across 450 districts, have registered on the Gobardhan portal since it was launched in June

#Energy
https://t.co/8ywwiifHwI

📡 Scientists from the Indian Institute of Science (IISc) and Japan's Niigata University have made a groundbreaking discovery by finding water droplets in rocks from the Himalayas.

💧 These water droplets are believed to be from an ancient ocean that existed around 600 million years ago.

⚡In a release on Thursday, the IISc said that analysis of the deposits revealed calcium and magnesium carbonates. This discovery led the team of scientists to suggest that there may have been a major oxygenation event in Earth's history.

⚛ Scientists believe that the Earth may have been covered by thick sheets of ice between 700 and 500 million years ago, known as the Snowball Earth glaciation. This event was followed by the Second Great Oxygenation Event.

#Research #India

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New #Research Shows Sanskrit Evolved BEFORE The Indus Valley Civilization #History

https://ift.tt/kfXLB9D

Varanasi and Ujjain are upgrading infrastructure due to influx of visitors after new temple corridors. In Ayodhya, infra work is being done in tandem with Ram Temple construction. #Infra #Heritage #Tourism

Read here

An excerpt from the official website of MI5, UK's primary intelligence agency. #History

🪖 Department of Military Affairs (DMA) is working towards creating a system where maintenance of common weapon systems and platforms are done jointly by forces.

🚁 Common weapon platforms like Rafales, Apaches, Predators.

#Defence

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India's first domestically developed 700 MW #nuclear power reactor at the Kakrapar Atomic Power Project (KAPP) in Gujarat commenced commercial operations on 30 June #Energy #aatmanirbharbharat

https://ift.tt/rGxn14d