Indian Development News 🇮🇳
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After Gold, Silver trading has begun at IIBX, #GIFT City

🔹102 Qualified Jewellers & 22 Suppliers have been Onboarded
🔹3 Metric ton of silver traded in 30 minutes
🔹Govt sets target of 1,000 MT silver and 100 MT gold by next year

#Economy
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Jai Hind 🇮🇳
#VijayDiwas2023
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Mazagon Dock Shipbuilders Limited (MDL) has signed individual Shipbuilding contracts worth $42 million with European clients for the construction of three units of 7,500 DWT Multi-Purpose Hybrid Powered Vessels.

#MakeInIndia
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The Indian #Railways plans to run over 1,000 trains from different parts of the country to Ayodhya around the first 100 days of the inauguration of the newly built Ram Mandir, to cater to the demand.
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Sumitomo Chemical will build a new agrochemical plant in India.
It will obtain about 50 acres of land in Gujarat and aim to complete construction around 2027. The initial investment is expected to be over 5 billion yen ($35 million)

#MakeInIndia #agriculture
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NTPC Mining Ltd (NML) has produced 23.223 million tonnes of coal so far this financial year, just about exceeding its total output in all of FY23

It had recorded a year-on-year growth of 77% in coal production and 88% in terms of dispatch.

#Mining
https://t.co/SJb27EOTz6
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Hindustan Zinc on Thursday said it has started the deployment of #EV trucks at one of its mines. The company officially launched the first fleet of electric vehicles in partnership with Inland EV Green Services.

#MakeInIndia
https://t.co/rjcLEmaWvB
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Surat Airport to be tagged as an international airport soon. #aviation
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Indian Navy's warship and maritime patrol aircraft responded swiftly to a hijacking incident in the Arabian Sea involving the hijacking of Malta Flagged Vessel MV Ruen #InternationalNews
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Haryana announced the recruitment of 10,000 skilled workers for Israel in the construction sector, candidates must be class X graduate and fall within the 25 to 54 age group, expected salary of 1.34 lakh per month. #Jobs #ForeignAffairs
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MoS for Science & Technology Jitendra Singh said in the Rajya Sabha on Thursday that the Atomic Energy Commission (AEC) has given its in-principle approval for uranium production capacity expansion at some existing units in Andhra Pradesh. #Nuclear #Mining
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Indian Development News 🇮🇳
Oman's Sultan Haitham bin Tarik to arrive on state visit to India on December 16. India and Oman have witnessed an increase in defence and security ties. Earlier this year, NSA Ajit Doval visited Oman to strengthen strategic cooperation and security ties…
Oman India Joint Investment Fund announces 3rd tranche at Rs 2500 crore ($300 million). Fund focuses on channeling investments into India's high-growth sectors.

PS: Previous tranches wr at $100m & $200 m. Fund is 50:50 partnership btwn SBI & Oman Investment Authority.

An MoU regarding establishment of a Hindi chair in Oman's Dhofar University was also signed. #ForeignAffairs 🇮🇳🤝🇴🇲
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GDP change (2014-23)

India +83% ✌️

China: +68%
USA: +53%
Germany: +14%
UK: +9%
France: +7%
Japan: -14%
Brazil: -14%

#Economy
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