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โœˆ IndiGo becomes world's 3rd most valuable airline by market cap.

IndiGo, India's largest airline, on Wednesday surpassed US-based Southwest Airlines in terms of market capitalisation to become the world's third most valuable airline, according to Bloomberg data.

๐Ÿ’ท IndiGo's share price jumped by 4.73 per cent to Rs 3,806 on Wednesday, thereby elevating its market capitalisation to $17.605 billion, ahead of Southwest's market capitalisation of $17.333 billion.

#Economy

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๐Ÿ“ฐ BREAKING:

Al Jazeera: Israel carried out a targeted vehicle attack in the al-Shati refugee camp in Gaza, resulting in the elimination of three sons of Hamas leader Ismail Haniya, along with their children.

#Gaza #Israel #conflict
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Ratings agency Fitch revised its outlook on ๐Ÿ‡จ๐Ÿ‡ณ China's sovereign credit rating to negative on Tuesday, citing risks to public finances as the economy faced increasing uncertainty in its shift to new growth models.

Fitch forecast the general government deficit would rise to 7.1 per cent of gross domestic product (GDP) in 2024 from 5.8 per cent in 2023, the highest since a reading of 8.6 per cent in 2020, when Beijing's strict COVID curbs weighed heavily on the world's No.2 economy.

#Economy #Geopolitics
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Afghanistan's Taliban is reportedly making efforts to restore land to Hindus and Sikhs, previously seized by warlords linked to the former Western-backed regime, as part of outreach to India.

This move aims to rectify long-standing injustices faced by religious minorities, addressing their displacement and marginalisation, according to a Taliban spokesperson, says report.

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#InternationalNews #IndianSubcontinent #NWO
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๐Ÿ‡ฎ๐Ÿ‡ณ ๐Ÿ›ฃ Road ministry working on mega plan for building 50,000 km of new, access-controlled, expressways by 2037. Target earlier was 2047 not it is planned for 2037

The Ministry of Road Transport and Highways is set to unveil a plan for constructing 50,000 km of new expressways by 2037 in the first 100 days of the new government.

The program, replacing Bharatmala, aligns with Vision 2047 and aims to reduce logistic costs and modernize road infrastructure.

#Infra

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๐Ÿ“ฐ For the first time, India will post defence attaches in several countries including Ethiopia, Mozambique, Ivory Coast, Philippines, Armenia and Poland in line with its broader policy initiative to expand strategic ties with key regions, a move that comes amid renewed geopolitical rivalries.

#Geopolitics #Defence #Diplomacy



https://m.economictimes.com/news/defence/india-expands-strategic-presence-to-have-defence-attaches-in-more-countries-in-africa-asia/articleshow/109202546.cms
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๐Ÿ“ฐ BREAKING: Following three months of intense negotiations, Indonesia, the largest Muslim country in the world, to normalize relations with Israel

#Geopolitics #Trade #Diplomacy
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๐ŸšจProtests in Nepal's capital Kathmandu.
Hundreds of protesters led by the leaders of Rastriya Prajatantra Party in-demand to restore Monarchy in the country.

Nepal's former king Gyanendra was removed from power in 2008 and these protests are being carried out to support the former King and bring him back in power. So far the riot police of the capital have charged bamboo batons and water canons to disperse the crowd and control protest but no major injuries were reported.

Protestors demand to bring the King back in power against this "Communist regime" who has "turned an eye" on China's land encroachment.

The crowd chanted, "We love our king and country more than our lives. Bring back the monarchy, abolish the republic".

Another demand is to turn back Nepal as a HINDU STATE. In the 2007 interim constitution, Nepal was declared as a secular state.

(Source : Elitepredator)

#Geopolitics
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Manufacturing services provider Zetwork will invest around โ‚น1,000 crore to ramp up its production capabilities for laptops, servers, smartphones, hearables, televisions, and telecom equipment.

#MakeinIndia
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World's largest Tent City is coming up in Prayagraj, Uttar Pradesh to host an estimated 400 million pilgrims for the Prayagraj Mahakumbh 2025.

- This gathering, equivalent to the populations of the US and UK combined, will surpass UP's current population by 1.6 times.

- The city will include 2,000 tents, 25,000 accommodations, 67,000 streetlights, and 23,000 CCTV cameras for security.

#Infra #Heritage
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๐Ÿ’ก India achieved the highest-ever annual new capacity addition to the grid.

The total new capacity added during FY24 stood at 18,485 MW, which was higher than the capacity added in FY23 at 15,274 MW, the previous highest annual addition.

#Energy #Infra


https://www.thehindubusinessline.com/economy/indias-renewable-energy-sector-achieves-record-capacity-addition-in-fy24-led-by-solar-power/article68050483.ece
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Ethnic Karen armed groups and allied forces took full control of the trade hub of Myawaddy on the Thai border at around 1 a.m. Thursday, according to the Karen National Union, whose troops are involved in the fighting.

#InternationalNews #NationalSecurity #Geopolitics
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