India has started manufacturing 38 active pharmaceutical ingredients, or APIs, in the last one and a half years on which it was import-dependent, under the production-linked incentive (PLI) scheme for the sector.

#MakeinIndia #Health #Medicine
https://t.co/pviYSXekip

Jharkhand chief minister Hemant Soren has approved a ₹354.28 crore investment to build the country’s first #Hydrogen fuel plant in Jamshedpur,

#MakeInIndia #aatmanirbharbharat #Energy

Funds worth ₹215 crore frozen: US targets Indian diamond sellers over alleged Russia connection: Report

#Geopolitics #Economy

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Marking a significant milestone in the path towards the induction of the Light Combat Helicopter (LCH) Prachand into the Armed Forces, HAL has successfully completed the production of 15 LCH units ahead of the contracted schedule. #Defence #aatmanirbharbharat

https://ift.tt/ayToxvq

Old Tax Regime vs New Tax Regime

Only 15% of India's taxpayers chose the new tax regime, whereas 85% still opted for the old regime, reveals survey.

#Economy

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It is 4.6% higher than previous year.

#Economy

In an extraordinary achievement, Akasa Air has become one of the fastest-growing airlines in global aviation history. Within just 12 months of operation, the airline has expanded its fleet to an impressive size of 20 brand-new aircraft, setting a precedent for rapid growth.

#Aviation
https://ift.tt/VOCeWNQ

India Prohibits Chinese Components In Military #Drones Over 'Security Loopholes' Compromising Critical Data

#NationalSecurity
https://ift.tt/2WSTYHu

China's exports fell 14.5% in July year-on-year, while imports contracted 12.4%, customs data showed on Tuesday, in the worst showing for outbound shipments from the world's second-largest economy since February 2020.

#Economy

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GSAT-24 Commissioned Successfully; Tata Play Taps #ISRO Satellite For Enhanced DTH Coverage Across India

https://ift.tt/6xwXdYe

Jet engine deal with GE is a game changer, will engage private sector for tech absorption, says HAL.

HAL CMD says India to get capability leap. First LCA Mk2 jets with new engine to fly end of next year. #Defence 🇮🇳🤝🇺🇲

Strengthening R&D: #Research Parks Set Up In Three IITs, Nearing Completion In Five More IITs, IISc #Education

via Swarajya https://ift.tt/YKT3oqs

Made In India Tapas Drone Expected To Undergo Military Trials This Month

#Defence

https://swarajyamag.com/defence/made-in-india-tapas-drone-expected-to-undergo-military-trials-this-month

Moody's Cut ratings of 10 US Banks.
#Economy
https://www.youtube.com/watch?v=Huma9pOuTPM

In 2023, India plans to establish the BRICS Startup Forum with the aim of fostering collaboration and exchanging successful strategies among startups from the BRICS nations.

#Geopolitics #Economy

https://swarajyamag.com/business/india-to-launch-brics-startup-forum-in-2023-commerce-minister-goyal

U.S. lawmakers introduce resolution to declare August 15 as ‘National Day of Celebration’

Introduced by Indian-American Congressman Shri Thanedar, the resolution seeks to declare August 15, India’s Independence Day as the ‘National Day of Celebration of the World’s Two Largest Democracies’.

#Geopolitics #India

https://www.thehindu.com/news/national/us-lawmakers-introduce-resolution-to-declare-august-15-as-national-day-of-celebration/article67170786.ece

JPMorgan Chase has opened two new facilities in Mumbai and Bengaluru, which will become two of its largest technology and operations centres globally. #Economy

https://m.economictimes.com/industry/banking/finance/jpmorgan-chase-opens-new-offices-in-mumbai-bengaluru/articleshow/102543960.cms