Just in : Dubai’s DP_World 🇦🇪 signs a concession agreement with the Deendayal Port Authority 🇮🇳 to develop, operate and maintain a new 2.19 million TEU per annum mega-container terminal at Kandla in Gujarat on India’s western coast, costing around $510 million. #Infra

Adani Ports is looking to acquire Kavala, Volos & Alexandroupoli #ports in Greece🇬🇷
#Geopolitics #Trade

#BRICS #Geopolitics #NWO

🇮🇳 Piyush Goyal quizzes Chinese trade minister Showen on dumping of goods.

This happened in B-20 Summit:

Goyal asked Chinese Vice Trade Minister, Wang Shouwen, whether China regretted that India did not join the Regional Comprehensive Economic Partnership (RCEP). 

🇨🇳 Shouwen: The China-India trade relationship is growing very fast. Last year, our bilateral trade reached $130 billion. If there had been an FTA (free trade agreement), either bilaterally or in RCEP context, the trade potential would be huge.

🇮🇳 Goyal: "We are already concerned about bilateral trade, even though $130 billion is largely skewed in favour of China. Indian industry feels, if we had entered into RCEP, our trade deficit would also have risen further along with the increase in trade. We just can’t seem to understand the pricing. The cost at which you are supplying goods is a matter all ministers would like to know. How can you supply goods at less than the raw material cost?"

Shouwen avoided giving a direct reply.

#Trade #Economy #India

Source 🔗

Chandrayaan-3 Mission:
Here are the first observations from the ChaSTE payload onboard Vikram Lander.

ChaSTE (Chandra's Surface Thermophysical Experiment) measures the temperature profile of the lunar topsoil around the pole, to understand the thermal behaviour of the moon's surface. It has a temperature probe equipped with a controlled penetration mechanism capable of reaching a depth of 10 cm beneath the surface. The probe is fitted with 10 individual temperature sensors.

The presented graph illustrates the temperature variations of the lunar surface/near-surface at various depths, as recorded during the probe's penetration. This is the first such profile for the lunar south pole. Detailed observations are underway.

#CH3 #Moon

⚡ Indian government is reportedly working on a new electric vehicle policy that would slash import taxes for car companies that commit to some local manufacturing.

🚗 Reports come after proposal by Tesla (TSLA. O) which is considering entering the domestic market, people with direct knowledge said.

#Economy #Manufacturing #MakeInIndia

Source 🔗

#MemeOfTheDay

BPSC (Bihar Public Service Commission ) Celebrated with cutting cake after successful conducting exam of 1,00,000 Post for teacher

Atleast 8,00,000 Candidate appeared n this exam

No Exam Question paper got leaked in this 3 days of Exam

🇮🇳 HAL, L&T to potentially bid for ISRO's small satellite launch rocket: Report

🚀 The firms will manufacture and deliver five Polar Satellite Launch Vehicles (PSLV) - often called ISRO's 'workhorse' rocket under the contract, whose deliveries are expected to begin in the next two years.

#Space #ISRO

Source 🔗

🇮🇳 India topped the emerging markets league table for the fifth straight month in July, boosted by a strong stock market performance and PMI reading.

#India #Manufacturing

Source 🔗

Minister Jaishankar bats for “re-globalisation” at B20 Summit

⚡ Jaishankar’s call for “re-globalisation” involves a vision for a more democratic economic order, with multiple centres of production and not just consumption.

⚡ This would also reduce volatility and improve resilience in global supply chains.

🌏 Global South takes centre stage at B20 Summit, Jaishankar says 'reduced to being a consumer'

#Economy #Geopolitics

Source1🔗 - HT
Source2 🔗 - LiveMint

🇮🇳 Prime minister Narendra Modi on Sunday said that the world may see new model of colonialism emerge if countries with large reserves of critical and rare earth minerals do not consider them as a global responsibility.

🌏 Addressing the B20 Summit here, PM Modi noted that critical and rare earth minerals are the need of the entire world but are unevenly distributed, with some countries having large quantum of these minerals while some others do not have these minerals at all.

#Economy #Geopolitics

Source 🔗

India has accelerated its speed of making warships. Aided by tech, modern construction techniques and a growing local manufacturing base, warship building pace is matching that of European shipyards.
60+ warships and submarines are currently being made in India.

#Defence #MakeInIndia
https://t.co/TYtMqjfGWQ

World Athletics Championships: Neeraj Chopra gets gold! 88.17m throw secures top spot for Indian, country’s first-ever at athletics worlds.

#Sports

🇮🇳India may junk 2016 model for bilateral investment treaties with 🇬🇧UK, 🇪🇺EU

⚡ The change in the approach comes at a time when India is negotiating investment treaties alongside free trade agreements with some top trading partners, including the UK and EU.

▶ India may no longer stick to the template for bilateral investment treaties (BIT) that it adopted after terminating most of these treaties in 2016, a senior official aware of the development said.

Source 🔗

🇸🇦 Saudi Crown Prince Mohammed bin Salman on state visit to India in September. His visit will be part of several state visits coinciding with the G20 summit. #ForeignAffairs

https://t.co/kIgYMVlsSy

Global manufacturer of confectionery, pet food, and other food products Mars Inc has announced an investment of Rs 800 crore to commence phase-II expansion of its plant in Telangana.

#MakeinIndia
https://t.co/cMQb8o2APx

Building materials and home furnishing company VOX India is setting up its first factory in Jigani Industrial Area, Bengaluru, with an initial investment of ₹100 crore

#MakeinIndia
https://t.co/GrR2n0dIZZ

Swedish industrial manufacturing company, Atlas Copco, is doubling its capacity in India and having nearly exhausted capacity at its two existing plants in Pune, has started construction on a third manufacturing facility in Talegaon.

#MakeinIndia #EV
https://t.co/WigE6yTFOP

Carrying the tri-colours, wild elephant comes calling at a unit of Indian Army's Gajraj Corps. 🇮🇳

#India #Defence