🇮🇳India's rank moves up to 11 in global direct selling even as global retail sales plunge.

The 🇺🇸 United States continues to remain a top retail seller with direct sales worth $40.52 billion, a decline of 5% over 2021.

The other markets in top categories include 🇰🇷Korea, 🇩🇪Germany, 🇨🇳China, 🇯🇵Japan, and 🇲🇾Malaysia.

🇮🇳India's direct selling market is growing steadily and has the potential to place itself in the top five global markets over the next decade

#India #Economy

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🇮🇳India and the Association of Southeast Asian Nations (ASEAN) have agreed to review their trade pact by 2025, the Indian government said on Monday, less than a month after India's trade minister called the agreement unfair to the Indian industry.

#India #Economy #Geopolitics

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⚡ "The 21st century has witnessed significant shifts in what we manufacture, how we manufacture and for whom we manufacture,” Goyal told delegates while speaking at the opening ceremony of the 🌍BRICS Manufacturing Business Summit.

🌍 BRICS is the driving force of global growth and the economies in the five-member bloc are catching up with the combined GDP of 🌎 G7 countries, with significant shifts in the manufacturing process, 🇮🇳 India's Union Minister of Commerce Piyush Goyal said at Johannesburg SA.

#Geopolitics

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⚡ Surgical Strike by Indian Army across LOC reported by many Indian news portals.

🇮🇳 No confirmation from Indian Army or government sources.

As per reports:
⚡ Indian Army SF commandos went 2-2.5km inside Pakistan occupied Kashmir (PoK) in Niakal sector of Kotli and destroyed 4 terrorist launching pads. As per inputs 8 terrorists including Pak BAT commandos planning to carry out terror attacks in India, were neutralized in the ops.
🪖 The elite SF IA commandos have returned back safely after completing the mission.

#India #Defence

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Army officially denied- No Surgical Strike at Rajouri & Poonch sector of Jammu.

Instead, Indian Army thwarted an attempt by terrorists from Pakistan to infiltrate across the Line of Control in Jammu & Kashmir. Vigilant troops stopped them amidst challenging conditions.

Surgical Strike or no Surgical Strike: One thing was for sure that some crows were dispatched.

#India #Defence

🚢 India's foreign trade crosses $800 bn mark in first 6 months of 2023: GTRI

💰 Standalone, goods exports dipped by 8.1 per cent to USD 218.7 billion, while imports contracted by 8.3 per cent to USD 325.7 billion.

▶ Exports of goods and services rose by 1.5 per cent to USD 385.4 billion during January-June this year, as against USD 379.5 billion in January-June 2022.

▶ Imports, however, dipped by 5.9 per cent to USD 415.5 billion during the six months of this year, as against USD 441.7 billion in January-June 2022.

#India #Economy

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The New Development Bank founded by #BRICS nations aims to launch its first Indian rupee bond by October.

Last week we learned,

The new development bank issued its first South African rand bonds.

#Economy #Geopolitics #NWO
https://t.co/BTzzZnomZl

Hyderabad Metro Rail Limited invited bids for selection of consultants for preliminary report, DPR for 11 Metro of 278 KM Metro Rail corridors in single tender.

#Metro #Infra

Due to excess fuel left on the Chandrayaan-3 propulsion module, it is expected to live on for several years instead of 3-6 months before #ISRO #CH3

🇮🇳🤝🇨🇳 India-China agree not to build new posts along the LAC -

refrain from violating any airspace by drones, defining 'boundaries' of patrolling, exchanging prior information about each other's patrols, strictly following border protocols. The discussions also included not increasing troops by both countries along the LAC.

#Defence
https://www.nationalheraldindia.com/india/india-china-agree-not-to-build-new-posts-along-lac

Nearly 150 years ago, religion and poetry dominated India's literary scene.

#India

Putin says that Russia 🇷🇺 is the number 1 economy in Europe🌍 in PPP after beating Germany🇩🇪

#Economy #Geopolitics

⚡️BRICS 🇮🇳

PM Modi in Johannesburg:

📍Grow Together Through Energy & Digital Advances

📍India fastest growing world economy - growth engine for years to come

📍'Make in India' is domestic policy made for the world

📍Mutual trust is vital

#India #Geopolitics

India’s GDP growth in Q1 FY24 to touch 8.3% as compared to RBI’s estimate of 7.8% (SBI)

#India #Economy

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Brazil's Lula :

🇧🇷🌎Brazilian Prez Lula at BRICS summit states group doesn't exist to rival West, but to allow countries to organize themselves on equal footing with US and EU.

BRICS is already overtaking G7 in share of global GDP as multipolar march continues at full steam.

Putin:

🇷🇺 Putin states Russia’s reliance on dollar is tumbling like world’s trust in Washington, with Moscow trading more and more in rubles and currencies of other countries.

🇷🇺Irresponsible actions of certain countries, such as excessive money printing, has led to great inflationary pressure globally - Putin addressing leaders at BRICS Summit.

Putin adds that BRICS countries are nevertheless working together to solve post-pandemic issues, improving welfare of citizens and modernizing industries.

United States:

🇺🇸🆚🌍 US doesn’t view BRICS as potential geopolitical rival claims White House.

#Geopolitics

🇺🇸✈️🇮🇳 US President Joe Biden will visit India from Sept 7-10 to attend a summit of the Group of 20 nations, White House national security adviser Jake Sullivan told a briefing today. #ForeignAffairs

🇮🇳 Uttar Pradesh government giving final touches to roadmap for trillion-dollar GSDP

⚡️ The Uttar Pradesh government, led by Chief Minister Yogi Adityanath, is working on a strategy to make the state a trillion-dollar economy and has devised a plan based on nine core issues.

These core issues include important matters such as emerging sectors alongside agriculture, rapid urbanization, and industrial infrastructure.

🌆 The fifth strategy revolves around emerging tech clusters. In this, different districts will be developed with distinct scopes of technology. Accordingly, Lucknow will be developed as an AI City, Kanpur will focus on Drones and Robotics, Prayagraj/Varanasi will be Engineering Research and Development hotspots, and Gautam Buddh Nagar will transform into an Emerging Tech and Data Center Hub.

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Chandrayaan-3 Mission:
All set to initiate the Automatic Landing Sequence (ALS).
Awaiting the arrival of Lander Module (LM) at the designated point, around 17:44 Hrs. IST.

Upon receiving the ALS command, the LM activates the throttleable engines for powered descent.
The mission operations team will keep confirming the sequential execution of commands.

The live telecast of operations at MOX begins at 17:20 Hrs.

#ISRO #CH3

Tamil Nadu intends to set up the India Centre for Advanced Manufacturing in collaboration with the World Economic Forum (WEF), aimed at supporting companies in their innovation, sustainability, and research and technology (R&D) endeavours.

#MakeInIndia
https://t.co/ml7x76xDrY

Honeywell has inaugurated its Airfield Ground Lighting (AGL) manufacturing facility in Gurugram, India. It will be manufactured in a 41,000-square-foot facility.

#MakeinIndia
https://t.co/vU5hJH6joH

🚇 Pune Metro has submitted detailed project report (DPR) after getting the approval of the Standing Committee and General Assembly of Pune Municipal Corporation (PMC) to MahaMetro for the extended metro routes from

1. Vanaz to Chandni Chowk,
2. Ramwadi to Wagholi
3. Khadakwasla to Kharadi
4. Paud Phata to Manikbaug.

#Infra

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