#Meme of the day 🦇

IAF to Kick start its massive Exercise #Gaganshakti 2024 today & it will go on till April 10. All Airbases of IAF across India are now activated till April 10

All IAF Assets from Tejas, Rafale to Ground based ADS & Missile Battery active too #Gaganshakti

#Defence

Elon Musk-led Tesla Inc will send a team to India this month to scout for sites for a proposed $2 billion to $3 billion electric car plant, said a report by the Financial Times.

#Economy #Manufacturing

https://www.read.ht/SZHu

NHAI spends record ₹2.07 lakh cr in 2023-24, builds 6,644 km of roads.

The National Highways Authority of India (NHAI) spent a record ₹2,07,000 crore on national highway construction in 2023-24, marking a 20% increase from previous years. The construction of highways reached 6,644 km, a 53% increase from the previous year. NHAI's monetization receipts reached 40,314 crore in FY 2023-24, 70% higher than the previous year.

#Infra #Economy

Source 🔗

Agni Prime with MARV + MIRV capability successfully tested tonight by #DRDO .

#Defence #Security #India

Kerala has ranked low in male employment conditions among 22 states, with only Bihar and Odisha ranking worse, according to a report released by the International Labour Organisation (ILO), in collaboration with the Institute of Human Development (IHD). #Jobs

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5 star hotel chain Accor will open 30 hotels in India totalling about 5,500 keys in the next three to five years. The chain currently has 62 hotels in India totalling around 11,000 rooms

UltraTech Cement has crossed 150 million tonne in production capacity with the commissioning of two greenfield units in Tamil Nadu and Chhattisgarh

#MakeinIndia
https://t.co/PKlNBf9ISi

The country’s largest producer of cement can now produce as much as 150% of cement produced in US, while equaling four-fifth of the total production of cement in Europe. #MakeinIndia

Unemployment alarm: 36% of IIT Bombay graduates fail to get placement, says report

#Jobs #Education
https://t.co/If7qW99vy8

#Meme of the day 💼

Tesla, the world’s leading Indian electric vehicles (EV) manufacturer, has begun the process of producing right-hand drive cars for the Indian market in its Berlin factory and hopes to have them on Indian roads later this year. #EV

https://t.co/VeRvr73ZHs

#Railways #Infra #Infrastructure

India Plans to Control Its Entire Airspace from Nagpur, Big Move to Unify All 4 Flight Information Regions.

#Infra #Infrastructure #Airways #Aviation

• As per UNCTAD REPORT:-

- India 🇮🇳 trade dependence on EU 🇪🇺 & China 🇨🇳 : increased by 1.2%

- India 🇮🇳 Trade Dependence with Saudi 🇸🇦 : decreased by 0.6%



• As per Government trade dynamics are in favour of India :-

- India's 🇮🇳 import from CHINA 🇨🇳 : decline 3% in 2023 (compared to 2022)

- India 🇮🇳 Export to china🇨🇳 : rose by 7.1 % (for same Time period as above)

- India 🇮🇳 export to EU rose by 2.1 % (for Same Time Period) .

- However India 🇮🇳 Imports from EU 🇪🇺 increased by 9.7% in 2023 (Intermediate goods+ Raw Materials)



• India says India's 🇮🇳 trade numbers are authentic while problem lies in trade numbers provided by China due to number discrepancy.

Eg 1 : India-China trade in numbers :-
- As per 🇮🇳 : $ 99.38 billion
- As per 🇨🇳 : $ 116.98 billion

Eg 2 : China 🇨🇳 says in there numbers that :-

-Edible products Animals origin exported to India 🇮🇳 was worth : $8974 , while India 🇮🇳 says it's Import for same is $0

Cc : Resonant News

#Trade #Economy