🇿🇼 Zimbabwe launches new gold-backed currency called the 'ZiG', which stands for 'Zimbabwe Gold'. #NWO #Economy

Worldwide recession probability. India is at 0%. #Economy

India junks Canada's 'election interference' charge as 'baseless'.

🇮🇳India has dismissed 🇨🇦Canada's allegations of its interference in Canadian elections, calling it "baseless" and said that Ottawa instead, was meddling in New Delhi's internal affairs.

India's response came after a Canadian spy agency, Canadian Security Intelligence Service (CSIS) claimed that India and Pakistan attempted to "interfere" in the 2019 and 2021 federal elections in Canada. #ForeignAffairs

🇮🇳🔫 𝙄𝙣𝙙𝙞𝙜𝙚𝙣𝙤𝙪𝙨 𝘿𝙚𝙨𝙞𝙜𝙣 𝙗𝙚𝙖𝙩𝙨 𝙩𝙝𝙚 𝙘𝙤𝙢𝙥𝙚𝙩𝙞𝙩𝙞𝙤𝙣

𝗟𝗼𝗸𝗲𝘀𝗵 𝗠𝗮𝗰𝗵𝗶𝗻𝗲 𝗟𝗶𝗺𝗶𝘁𝗲𝗱 to supply 550 𝟵𝘅𝟭𝟵𝗺𝗺 𝗦𝘂𝗯𝗺𝗮𝗰𝗵𝗶𝗻𝗲 𝗣𝗶𝘀𝘁𝗼𝗹 "𝗔𝗦𝗠𝗜" to the 𝗦𝗽𝗲𝗰𝗶𝗮𝗹 𝗙𝗼𝗿𝗰𝗲𝘀 of the Indian Army. LMT has beaten the likes of PLR Systems and Jindal Defence. The contract value is ₹4,60,10,250.

#AtmaNirbhar #DRDO #ASMI #Defence

Jindal Defence (Taurus-T9) has been declared as the L-1 in 550 𝟵𝘅𝟭𝟵𝗺𝗺 𝗠𝗮𝗰𝗵𝗶𝗻𝗲 𝗣𝗶𝘀𝘁𝗼𝗹 tender (different) of the Indian Army.

Taurus T-9 will be manufactured in India via ToT. The contract value is ₹4,25,97,500

Order split equally between 550 Jindal and 550 LMT

Microsoft warns that Chinese hackers will target 2024 Lok Sabha elections using AI. #GE2024 #LS2024

#Meme of the day

Mexico breaks diplomatic ties with Ecuador.

#InternationalNews

🇮🇳 #India aims to attract at least $100 billion a year in gross foreign direct investment (#FD) as many investors, multinational companies are looking to diversify away from China, Rajesh Kumar Singh, secretary in the Department for Promotion of Industry and Internal Trade, said.

#Economy

Source 🔗

Proportion of youth (aged 15-24) not in education, employment, or training (%):🇮🇳

2023: 23.5%
2022: 25.8%
2021: 28.0%
2020: 30.7%
2019: 31.2%
2018: 30.8%

(PLFS; ILO) #Jobs

India aims to produce 100 GW nuclear power by 2047: AEC Chairman Mohanty.

Mohanty said a vision document for 'Amrit Kaal' was being prepared by the Department of Atomic Energy which envisages reaching a nuclear capacity of about 100 GW by 2047.

He said the breeder reactors would contribute 3 GW of nuclear power, while 17.6 GW would come from light water reactors built with international cooperation and another 40-45 GW would come from the pressurised heavy water reactors.

Today we produce 206 GW of Energy by coal which accounts for 85% of total Energy options, so we can compare how much Nuclear capacity will increase.

#India #Energy

Source 🔗

Kalyani Rafael Advanced Systems (KRAS) in Hyderabad, as been certified a “secret” facility and will undertake sensitive defence projects for the Indian and Israeli defence ministries.

Source : TheLegateIN on X

#Defence

France based Allianz Partners becomes first foreign reinsurer to launch operations in #GIFT City, Gujarat.

🇲🇻 Maldives Finance Minister officially thanks India for food supplies. #IndianSubcontinent

RBI Governor Shaktikanta Das has proposed the use of UPI for cash deposit machines, eliminating the need for an ATM card. #Policy

India's Cochin Shipyard company signs Master Shipyard Repair Agreement with the US Navy. The Agreement came into effect from 5th April. Last year, it was L&T. #ForeignAffairs #MakeInIndia

Scenes from IIT Delhi #Jobs

NCRTC has submitted the DPR for Ghaziabad-Jewar RRTS link to Yamuna Authority

72 km route will have both Rapid Rail & Metro operations like Delhi Meerut RRTS

A total of 22 stations will be built ~ 11 RRTS & 11 Metro

To be built in two phases:
Phase-1 ~ Ghaziabad to Ecotech VI, 39 km, 7 RRTS & 11 Metro stations
Phase-2 ~ Ecotech VI to Noida Airport, 32 km, 4 RRTS & 1 Metro station

Interchange with Aqua Line at Gaur Chowk

Estimated cost ~ ₹20,043 Cr

🔗Source

#Infra #Infrastructure

🇮🇱⚔️🇵🇸 ISRAEL-HAMAS WAR CASUALTIES

Israel: 822 Civilians Killed, 672 Security Personnels killed, 10.5K+ Wounded.

Palestine(Gaza & West Bank)

Gaza: 33.1K+ killed, 75.8K+ wounded and 1.6+ Hamas fighters killed and 200 captured in Israeli territory

West Bank: 456 killed, 4.7k+
wounded

Spillover:

Lebanon: 332 Killed

Syria: 224 Killed

#War

It's been exactly 6 months since the conflict began on 07/10/2023

🥇 The Reserve Bank of India (RBI) stood out with its continued accumulation of gold reserves.

Weekly data from the RBI revealed a 6-tonne increase in gold holdings in February alone.

This brings the total year-to-date buying by the RBI to over 13 tonnes, with total gold reserves now reaching 817 tonnes.

So India now has more Gold reserves than Saudi Arabia and UK at 817 Tons.

For comparison, US has 8133 tons of Gold reserves and China has 2257 tons of Gold reserves.

#India #Economy

Source 🔗

🇮🇳 EAM S Jaishankar urges countries to NOT make political statements on India's internal affairs or else they will get a 'very strong repIy' from India

He said "These are old habits, these are bad habits"

"There is a certain maryada (restraint) among countries. No country has the right to comment on India's internal politics" - EAM S Jaishankar said

#ForeignPolicy #India #Geopolitics