Ditching Petro Dollar 💵

🛢 First ever Crude #oil transaction between India and UAE happened today.

⚡ The first-ever crude oil transaction under the newly implemented Local Currency Settlement (LCS) system took place on Monday between Abu Dhabi National Oil Company (ADNOC) and Indian Oil Corporation Limited (IOCL). The transaction involved the sale of about 1 million barrels of crude oil.

▶ Both Indian Rupees and UAE Dirhams were used for the transaction, Indian Embassy in the UAE said in a press release.

#India #Economy #Geopolitics #NWO

Source 🔗

BRICS Don't Compete With Any Other Bloc, Sookal Says.

Interesting points mentioned by the South African Ambassador to BRICS:
1. Global South is creating an alternative for Dollar, no dedollarization.
2. BRICS was formed not to oppose any other entity but to collaboratively reshape the global architecture with shared values from the Global South.
3. The conversation touched on the desire to deepen the use of local currencies in global trade, emphasizing more financial autonomy and flexibility.
4. Disagreement between BRICS nations regarding whom to let join, need for criteria.
5. BRICS' expansion and collective efforts would be contribute to reshaping the global geopolitical, economic, and financial architecture for a more inclusive and balanced world.

#Geopolitics

https://youtu.be/4glfb3tSDso

🇨🇳 China's military claims to have found a way to build a laser weapon that can fire indefinitely - Business Insider

⚛ Armies around the world are testing high-energy laser weapons to intercept targets.

🪖 If successful, the weapons could change warfare, as they travel near the speed of light.

#Defence

Source 🔗

Happy 77th Independence day 🫡 🇮🇳

Long live our civilization.

#India

"Vidit Gujrathi defeats Ian Nepomniachtchi in the World Cup, and is through to the Quarterfinals!

So, 50% of the remaining 8 players are Indian. What an absolutely sensational accomplishment.

Praggnanandhaa, Erigaisi, Gukesh, and Vidit! 🇮🇳 🔥"

-Gotham Chess.

There was one time in history when Soviet Union, America ruled ♟️ Chess.

It's our time now guys.

#India #Sports

Larsen & Toubro (L&T) Construction's Buildings & Factories Business has won Rs 1,000 cr to Rs 2,500 crore orders including one deal from the Uttar Pradesh Cricket Association for the construction of a cricket stadium at Varanasi, Uttar Pradesh #Infra

https://t.co/geaueSweTa

Pune Metro Station of Shivaji Nagar showcases the rich cultural heritage of Maharashtra.

#Infra #India

Russian President Vladimir Putin sends a congratulatory message Prime Minister Narendra Modi,
"Your country has achieved universally acknowledged success in economic, scientific and technical, social and other fields. India enjoys well-earned respect on the world arena and plays important constructive role in the international affairs": Govt of Russia

#India

India's services exports see 12% growth at $27.17 billion in July

#India #Economy

Source 🔗

🇮🇳 India’s PM Modi will reportedly discuss using the Port of Piraeus during his visit to Greece.

⚡Apart from attending the BRICS summit in South Africa towards the end of this month, Prime Minister Narendra Modi will also visit Greece as India aims to explore the utilisation of its Piraeus port instead of the Chabahar port to send its shipments to Europe faster.

#India #Geopolitics

https://www.tribuneindia.com/news/nation/pms-greece-visit-to-help-reshape-indias-trading-routes-534646

🇧🇷🇷🇺🇮🇳🇨🇳🇿🇦 BRICS will become "bricks" in the foundation of a just and multipolar world
- Sergey Naryshkin, Director of the Foreign Intelligence Service of Russia.

#Geopolitics

Fitch analyst warns the credit rating agency may have to downgrade several US banks, including JPMorgan Chase.

https://www.disclose.tv/id/alwkyei9we/

#Economy

First made-in-India MRI scanner developed by the Bangalore-based Voxelgrids Innovations Private Limited that is set to unveil its first clinically validated product in October at the Sathya Sai Institute of Higher Medical Sciences, Bengaluru.

#MakeInIndia #Health
https://t.co/mqwduW7w8P

🇨🇳 China will no longer publish data on the country's youth unemployment rate.

It currently sits at a record high 21.3%, while experts say it's above 40%. #Economy #InternationalNews

👨‍🚀 A view of India's capital, New Delhi, as captured from International Space Station 🌐 🇮🇳

PC: Sultan Al Neyadi, UAE Astronaut .

#India

Chandrayaan-3 Mission:

Today’s successful firing, needed for a short duration, has put Chandrayaan-3 into an orbit of 153 km x 163 km, as intended.

With this, the lunar bound maneuvres are completed.

It’s time for preparations as the Propulsion Module and the Lander Module gear up for their separate journeys.

Separation of the Lander Module from the Propulsion Module is planned for August 17, 2023.

#Space #CH3