Taliban's Zahibullah terms Chabahar Port as a "transformative opportunity for Afghanistan, offering enhanced trade connectivity, economic diversification, and regional integration."; Says it provides an alternative route to Karachi.
#Geopolitics
#Geopolitics
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America will send an Indian astronaut to the International Space Station by the end of the year: Eric Garcetti - US envoy to India
He said the NISAR project, a joint Earth-observing mission between US space agency NASA and the ISRO, is also likely to be launched by the end of the year
#Space #Geopolitics
He said the NISAR project, a joint Earth-observing mission between US space agency NASA and the ISRO, is also likely to be launched by the end of the year
#Space #Geopolitics
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Smartphones have become the fourth-largest #Export item from India, achieving 42% growth to reach $15.6 billion in FY24, as per a Business Standard report.
#Trade
Source 🔗
#Trade
Source 🔗
mint
Smartphones now fourth largest export item from India, up 42% to $15.6 billion in FY24
Smartphones have become the fourth-largest export item from India, reaching $15.6 billion in FY24 with a 42% growth. The surge in exports was mainly driven by shipments to the United States, the United Arab Emirates, the Netherlands, and the UK.
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From January to April 2024, the Reserve Bank of India (RBI) added 24 tonnes of gold to its reserves, a strategic move to hedge against volatility amidst geopolitical tensions.
This is 1.5 times more than the whole 2023 Gold collection.
#Dedollarization #Economy
Source 🔗
This is 1.5 times more than the whole 2023 Gold collection.
#Dedollarization #Economy
Source 🔗
The Times of India
Why RBI is stocking up aggressively on gold reserves; central bank buys 1.5 times more gold in Jan-April than entire 2023 - Times…
India Business News: The Reserve Bank of India added 24 tonnes of gold to its reserves between January and April this year to diversify reserves during volatility amid geo
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VP Jagdeep Dhankar was on a visit to Iran, he met the Acting President of Iran Dr. Mohammad Mokhber in Tehran yesterday and conveyed condolences on the tragic demise of Iran's President Raisi, and Foreign Minister H. Amir-Abdollahian.
#Geopolitics
#Geopolitics
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🇲🇻 Maldives says 🇮🇳India and 🇨🇳China agree to use local currencies for imports
International trade between two countries in local currency is a mutually beneficial mechanism as it helps in saving each other’s foreign exchange reserves. Moreover, the move will mark a significant shift away from the dominant use of the US dollar in international transactions.
#Geopolitics
Source 🔗
International trade between two countries in local currency is a mutually beneficial mechanism as it helps in saving each other’s foreign exchange reserves. Moreover, the move will mark a significant shift away from the dominant use of the US dollar in international transactions.
#Geopolitics
Source 🔗
Firstpost
Maldives says India and China agree to use local currencies for imports
International trade between two countries in local currency is a mutually beneficial mechanism as it helps in saving each other’s foreign exchange reserves. Moreover, the move will mark a significant shift away from the dominant use of the US dollar in international…
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Google picks Tamil Nadu for its smartphone production.
Google will invest billions of dollars to set up its new smartphone production line with Taiwanese contract manufacturing partner Foxconn Group in the state.
#Manufacturing #MakeInIndia
Google will invest billions of dollars to set up its new smartphone production line with Taiwanese contract manufacturing partner Foxconn Group in the state.
#Manufacturing #MakeInIndia
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🇨🇿 Czech Republic says it has ordered 80,000 120mm HE mortar rounds and 50,000 125mm HE tank rounds from India.
#Defence #MakeInIndia
#Defence #MakeInIndia
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Business activity expands in May as exports surge, PMI rises to 61.7
PMI > 50 means expansion.
Robust demand was supported by new business in the services industry, which grew at the fastest pace since January, as well as rising manufacturing output and new orders
#Economy
Source 🔗
PMI > 50 means expansion.
Robust demand was supported by new business in the services industry, which grew at the fastest pace since January, as well as rising manufacturing output and new orders
#Economy
Source 🔗
Business-Standard
Business activity expands in May as exports surge, PMI rises to 61.7
Robust demand was supported by new business in the services industry, which grew at the fastest pace since January, as well as rising manufacturing output and new orders
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In recent interview:
Rajat Sharma: People of Pakistan are in panic because of 'Unknown Gunmen' neutralizing wanted terrorists in their country.
PM Modi: I know, People of #Pakistan are in Panic and in trouble and I also know that I am the reason for their trouble.
#Geopolitics #NationalSecurity
Rajat Sharma: People of Pakistan are in panic because of 'Unknown Gunmen' neutralizing wanted terrorists in their country.
PM Modi: I know, People of #Pakistan are in Panic and in trouble and I also know that I am the reason for their trouble.
#Geopolitics #NationalSecurity
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RBI is making a Profit of $43 Billion meanwhile other major banks in West are incurring major losses #Economy
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