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Myanmar may approach India for advanced training of its Su-30SME pilots and developing TTPs for the aircraft.

First batch of Su-30SME was delivered to Myanmar by Russia last week.

#Geopolitics #Defence
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EU cut its outlook for the euro-area economy, predicting it will be dragged down this year by a contraction in Germany.

#Economy

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๐Ÿ“ˆ The National Stock Exchange's flagship index, Nifty 50, has made history by reaching the 20,000 milestone, supported by a strong rally in heavyweight stocks, healthy fund inflows, and robust macroeconomic indicators.

#Economy
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๐Ÿ‡ฎ๐Ÿ‡ณ๐Ÿค๐Ÿ‡ธ๐Ÿ‡ฆ India-Saudi Arabia signed 8 agreements :
๐Ÿ”‹Energy
๐Ÿ“ฑDigitization
๐Ÿ‡ธ๐Ÿ‡ฆCPV & Saudi anti corruption
๐Ÿ“šNational archives
๐Ÿ’ฐInvest India & Saudi counterparts
๐Ÿ’ธExim banks
๐ŸญMSME
๐Ÿง‚Desalination

#Geopolitics
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The BRICS countries are discussing the possibility of creating a common unit of account that would serve as an alternative to the U.S. dollar Minister Siluanov told the Chinese state-run CGTN TV channel during the BRICS summit.

The prospect of issuing single currency for the bloc, which unites leading emerging economies, (Uniting Emerging Countries = Level Playing Field") is one of the topics of the talks.

Anton Siluanov pointed out, however, that the main emphasis, when it comes to the development of trade relations, is now placed on settlements in national currencies,

โ€œWe see the potential to discuss the creation of unified settlement systemsโ€ he said

#Economy #Geopolitics
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Tata Power Solar Limited is set to receive up to $425 million in financing from the US International Development Finance Corporation for its upcoming greenfield 4.3 GW solar cell and module manufacturing plant at Tirunelveli, Tamil Nadu.

#MakeinIndia

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Pakistani militant organisation TTP has captured multiple Pakistani posts in Chitral #IndianSubcontinent #Geopolitics
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๐Ÿšจ After the crushing defeat by TTP in Chitral, the Pakistani Army, in panic, has kidnapped 121 Afghan citizens living in Karachi.

According to the report, Pakistan Army may try to declare Chitral operation successful by linking these people with TTP.

#Geopolitics
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As wife of Anthony Albanese said : "Awwww...."

#India #Geopolitics
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Top ๐Ÿ‡ท๐Ÿ‡บ Russian lender Sber plans to expand its operations in ๐Ÿ‡ฎ๐Ÿ‡ณ #India by opening an office in Mumbai in early October, its deputy chairman Anatoly Popov told reporters on the sidelines of the Eastern Economic Forum (EEF) on Monday.

#Geopolitics #Economy

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During Bloomberg correspondent interview with UK Chancellor of the Exchequer Jeremy Hunt , he says: "the UK wonโ€™t sign anything in a hurry and nor will India, it has to be right for both sides,โ€ as he discusses progress made on a free trade agreement between the nations.

He even mentions Gujarat's GIFT city, Silicon Valley of India Bengaluru.

#Trade #India #Geopolitics #Economy

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Indian Development News ๐Ÿ‡ฎ๐Ÿ‡ณ
When asked about India's inclusion in the permanent seat for UNSC, President of Turkey, Recep Tayyip Erdogan says, "A country like India being there on the UN Security Council, we would be proud. But as you now, the world is bigger than larger than five. Andโ€ฆ
๐Ÿ‡น๐Ÿ‡ทErdogan: India-Middle East-Europe corridor cannot operate without Turkey.

Regarding the India-Middle East-Europe Economic Corridor project, Turkish President Recep Tayyip Erdogan stated that this corridor would not be possible without Turkey, saying: "Turkey is the best route for east-west traffic".

The transport link, dubbed the India-Middle East-Europe Economic Corridor, or IMEC, aims to establish railway lines and shipping that will pass through the UAE, Saudi Arabia, Jordan and Israel,then reach to Greece and Europe. 

A memorandum of understanding on the corridor was signed by the European Union, India, Saudi Arabia, the UAE, the US and other G20 partners.

#Geopolitics
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๐Ÿ‡ฎ๐Ÿ‡ณIndia, ๐Ÿ‡ธ๐Ÿ‡ฆSaudi Arabia to speed up kingdomโ€™s $100-billion investment plan.

The two countries agreed to set to set up a joint working group (JWG) to channelise the $100 billion in investments promised by the Saudi side during the crown princeโ€™s last visit to India in February 2019

#Economy #Geopolitics

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Morocco #Earthquake death toll rises to 2681
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Indian Development News ๐Ÿ‡ฎ๐Ÿ‡ณ
Brazilian President Expects Vladimir Putin To Attend G20 In His Country Lula da Silva told FirstPost that the Russian head of state will not be arrested in Brazil because of the ICC โ€˜warrant.โ€™ โ€œAs long as I am the president of Brazil, he will not be arrested.โ€ฆ
Brazilian President Lula da Silva does not understand why his country signed the Rome Statute , which forces it to comply with ICC decisions:

โ€œIโ€™m not saying Iโ€™m going to withdraw from the ICC right now. I didn't even know such a court existed. But I want to know why the US didnโ€™t sign the agreement, why India didnโ€™t sign the agreement, why China didnโ€™t sign the agreement, why Russia didnโ€™t sign the agreement and Brazil signed? What made Brazil do this?"

#Geopolitics
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