Letโs make โน a global currency: PM to RBI
PM Modi asks RBI to prepare 10-year strategy for global acceptance of Indian rupee, urges focus on credit needs of all sectors, especially youth and innovators
โYou have adequate time till Iโm busy in elections for the next 100 days. You must think in advance about it because tasks will pour in on the very second day after the oath-taking [ceremony],โ the PM said while addressing a function in Mumbai to commemorate 90 years of the RBI.
#India #Geopolitics #Economy
Source ๐
PM Modi asks RBI to prepare 10-year strategy for global acceptance of Indian rupee, urges focus on credit needs of all sectors, especially youth and innovators
โYou have adequate time till Iโm busy in elections for the next 100 days. You must think in advance about it because tasks will pour in on the very second day after the oath-taking [ceremony],โ the PM said while addressing a function in Mumbai to commemorate 90 years of the RBI.
#India #Geopolitics #Economy
Source ๐
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The Armed Forces intend to establish Mumbai as the nation's first "tri-service common defence station" for the Army, Navy, and Indian Air Force (IAF).
This move is intended to foster unity among the three services in advance of the establishment of integrated theatre commands.
#India #Defence
Source ๐
This move is intended to foster unity among the three services in advance of the establishment of integrated theatre commands.
#India #Defence
Source ๐
The Indian Express
Plans under way to make Mumbai first tri-service common defence station
Logistics to repairs to supplies, Army, Navy, IAF facilities will be combined.
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No petrol and diesel vehicles in India: Nitin Gadkari vows to cut fossil fuel bill
"One hundred per cent," the Union Minister for Road Transport and Highways said when asked whether it is possible for India to get rid of petrol and diesel cars altogether.
Gadkari did not give any timeline to meet this ambitious target which even proponents of green energy believe is mind bogglingly difficult.
Nitin Gadkari wants to slash GST on hybrid vehicles and has vowed to rid India entirely of the over 36 crore petrol and diesel vehicles.
#India #Automobile #Policy #Economy
Source ๐
"One hundred per cent," the Union Minister for Road Transport and Highways said when asked whether it is possible for India to get rid of petrol and diesel cars altogether.
Gadkari did not give any timeline to meet this ambitious target which even proponents of green energy believe is mind bogglingly difficult.
Nitin Gadkari wants to slash GST on hybrid vehicles and has vowed to rid India entirely of the over 36 crore petrol and diesel vehicles.
#India #Automobile #Policy #Economy
Source ๐
Business Today
No petrol and diesel vehicles in India: Nitin Gadkari vows to cut fossil fuel bill
"One hundred per cent," the Union Minister for Road Transport and Highways said when asked whether it is possible for India to get rid of petrol and diesel cars altogether.
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๐๐Tata Technologies and the BMW Group are entering into a joint venture to execute the engineering and software needs of the marque luxury car maker.
#Automobile #Research #Manufacturing
#Automobile #Research #Manufacturing
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Indian Development News ๐ฎ๐ณ
๐จ India to witness extreme heat from April to June. Worst impact of heat waves in April predicted for Gujarat, Maharashtra, north Karnataka, Odisha, west Madhya Pradesh, Andhra. (IMD) #climate #India
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Me getting out of home at 2PM to get some groceries #Meme
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The government has broadly met the tax collection target of over Rs 34.37 trillion for 2023-24 on the back of robust economic activity and improved compliance.
The government had raised the target for direct tax collection in FY24 to Rs 19.45 trillion, while for indirect taxes (GST+ Customs + Excise) the target was lowered to Rs 14.84 trillion in the revised estimates presented in Parliament on February 1, 2024.
#Economy
https://mybs.in/2dV0BHg
The government had raised the target for direct tax collection in FY24 to Rs 19.45 trillion, while for indirect taxes (GST+ Customs + Excise) the target was lowered to Rs 14.84 trillion in the revised estimates presented in Parliament on February 1, 2024.
#Economy
https://mybs.in/2dV0BHg
Business-Standard
'Govt meets tax collection target of over Rs 34.37 trn for 2023-24'
The government has broadly met the tax collection target of over Rs 34.37 lakh crore for 2023-24 on the back of robust economic activity and improved compliance, an official said.
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Thermal power plants started 2024-25 with 50.7 million tonnes of coal stock, about 37% higher year-on-year and around a quarter more than the governmentโs initial target to end 2023-24 with 40 million tonnes. #Coal #Energy #Mining
https://t.co/9HU6JeVvHV
https://t.co/9HU6JeVvHV
The Economic Times
Power plants end 2023-24 with 50.7 million tonnes of coal stock
Thermal power plants in 2024-25 began with over 50.7 million tonnes of coal stock, surpassing the previous year by 36%. This surplus aids in meeting summer demand, with forecasts predicting above-normal temperatures. The government increased its thermal powerโฆ
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Recent Indian Army and Chinese PLA FPV Kamekazi drone maneuver training clips against ground and aerial targets. #Defence #Drones
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Indiaโs booming market for exchange-traded currency derivatives is headed for a sudden demise.
A new rule set to take effect on April 5 is expected to force out most of the marketโs most active players, drying up volumes that reached $5 billion-a-day.
Indiaโs brokerages have asked clients to close out currency derivatives trades linked to the rupee after the central bank reinforced a rule requiring an underlying foreign-exchange exposure
#Economy #Policy
https://t.co/kFPEVlLPmc
A new rule set to take effect on April 5 is expected to force out most of the marketโs most active players, drying up volumes that reached $5 billion-a-day.
Indiaโs brokerages have asked clients to close out currency derivatives trades linked to the rupee after the central bank reinforced a rule requiring an underlying foreign-exchange exposure
#Economy #Policy
https://t.co/kFPEVlLPmc
Bloomberg.com
Popular FX Derivatives Market Faces Crushing Blow in India
Indiaโs booming market for exchange-traded currency derivatives is headed for a sudden demise.
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Massive 7.4 Richter Scale #Earthquake jolts Taiwan. Tsunami Warning issued in Taiwan and parts of Japan.
(Source USGS)
(Source USGS)
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Indian Development News ๐ฎ๐ณ
10,000 Indian construction workers to reach Israel soon in batches starting next week. Israel is offering a whopping 1.5 lakh per month along with Free Food, accommodation & medical insurance #Jobs #ForeignAffairs
1500 Indian Nationals to Travel to Israel as Construction Workers This Month. First batch of 64 workers left yesterday.
#ForeignAffairs #Jobs
https://t.co/3PYzgDDwmT
#ForeignAffairs #Jobs
https://t.co/3PYzgDDwmT
WION
1500 Indian nationals to travel to Israel as construction workers this month
Around 1500 Indian nationals are set to embark on a journey to Israel as construction workers during the month of April, according to the National Skill Development Corporation (NSDC). The recruitment drive witnessed professional tests conducted in both Haryanaโฆ
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IAF recently took the delivery of the first among many, indigenously designed and developed Crash Fire Tender (CFT)
Manufactured by an Noida based Indian MSME firm, against a contract worth โน 291 Cr, the Indian manufacturer ensured the delivery of the CFT within 14 months of contract signing. This was achieved inspite of multiple disruptions in global supply chain.
As envisaged and promised, IAF continues to hand hold the Indian Defence Manufacturing and Production entities.
#AtmanirbharBharat
Manufactured by an Noida based Indian MSME firm, against a contract worth โน 291 Cr, the Indian manufacturer ensured the delivery of the CFT within 14 months of contract signing. This was achieved inspite of multiple disruptions in global supply chain.
As envisaged and promised, IAF continues to hand hold the Indian Defence Manufacturing and Production entities.
#AtmanirbharBharat
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The Ministry of Home Affairs (MHA) has revoked the Foreign Contribution Regulation Act (FCRA) licenses of five notable NGOs after conducting due process, citing violations such as misuse of foreign grants among other reasons.
The NGOs include CNI Synodical Board of Social Service (CNI-SBSS), Voluntary Health Association of India (VHAI), Indo-Global Social Service Society (IGSSS), Church Auxiliary for Social Action (CASA), and Evangelical Fellowship of India (EFOI) #NationalSecurity
The NGOs include CNI Synodical Board of Social Service (CNI-SBSS), Voluntary Health Association of India (VHAI), Indo-Global Social Service Society (IGSSS), Church Auxiliary for Social Action (CASA), and Evangelical Fellowship of India (EFOI) #NationalSecurity
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