The Reserve Bank of India’s balance sheet size rose 11.08 per cent to ₹70.48 lakh crore as of March 31, 2024, the central bank said in its annual report.

The central bank's balance sheet size at US$844.76 is nearly 2.5 times that of 🇵🇰Pakistan's entire GDP which has been estimated to be around $338.24 billion by the International Monetary Fund (IMF).

#Economy

#Monsoon arrives in India two days earlier than its normal arrival date. #Environment

Why India is Building Massive ₹1,00,000 Crore Semiconductor Factory

#Semiconductor #MakeInIndia

🇮🇳 Government of India has launched BIMReN (BIMSTEC-India Marine Research Network) to enable PhD students from BIMSTEC countries to conduct doctoral research in #India

#Geopolitics

Kashmir's Voter Turnout

Baramulla : 59.10%
Srinagar : 38.49%
Anantnag-Rajouri : 55.40%

Kashmir region has seen the best Voter Turnout since 1984 General Elections

#LS2024 #GE2024

While no one was watching, 🏦 RBI has shifted 100 tonnes of its gold reserves🥇 back to India 🇮🇳 from the UK 🇬🇧.

Most countries keep their gold in the vaults of the Bank of England or some such location (and pay a fee for the privilege).

🇮🇳 India will now hold most of its gold in its own vaults. We have come a long way since we had to ship out gold overnight in 1991 in the midst of a crisis.

- Sanjeev Sanyal on X

#Geopolitics #Economy #NWO

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Japanese Media (NHK World-Japan) reporting about 🇮🇳 Indians coming to 🇯🇵 Japan to ease Labour shortages.

Nearly 50-thousand people living in Japan are from India. That includes a nine-fold increase in the northernmost part of the country within a decade.

#Geopolitics #Economy

Living in Japan: Indians adapt and ease labor shortages in Japan

Pharma #Exports Grew 10% To $28 Billion In FY24, Poised To Hit $31 Billion In FY25: Pharmexcil

India’s pharmaceutical exports clocked a nearly 10% growth in FY24 to hit $27.8 billion, propelled by the double digit growth in the US and UK generics market, and is poised to reach $31 billion in the current fiscal year, a top official of Pharmaceuticals Export Promotion Council of India (Pharmexcil) said on Thursday.

#Pharma #Health #Economy

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The Income Tax Department has seized a record Rs 1100 crore in cash and jewellery during the ongoing Lok Sabha elections, marking a 182% increase compared to the Rs 390 crore seized during the 2019 elections.

#LS2024 #GE2024

🚨 Hyderabad-based space startup 'Abyom Space' has successfully concluded it's Battleship Engine Testing Series (150+ tests) in it's goal of developing India's first reusable rocket

#space #tech #startup

https://x.com/IndianTechGuide/status/1796445907514466531?t=8UL201cS5tHevZwBFMExPQ&s=19

Massive Layoffs possible in Indian IT Sector

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#IT #Jobs

🇮🇳 India Bids To Host D Gukesh 🇮🇳 Vs Ding Liren 🇨🇳 World Chess Championship Match ♟

The All India Chess Federation (AICF) has submitted a bid to host the World Chess Championship match between the young Indian prodigy D Gukesh and the current world champion Ding Liren from China.

India is the only country to have submitted a bid so far.

#Sports #India

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🇮🇳 RBI to allow opening of Rupee account outside India

The RBI will permit opening of rupee (INR) accounts outside India by persons resident outside India (PROIs) as part of the 2024-25 agenda for internationalisation of the domestic currency.

#Geopolitics #Economy

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💥 10 groups of secretaries work on govt roadmap.
👉 Bureaucracy overhaul, simultaneous polls among goals

Unlike in 2014 & 2019, when NDA government constituted SGOS after coming to power, this time task for 10 SGOS was set months ahead of end of Modi's second term.

The 100-day and five-year plans of this group include the launch of a ‘Karmayogi talent bank’, which will rate the competencies of civil servants before promotion, review the foundation courses of the Union Public Service Commission (UPSC) exams, and review the conduct rules for All India Civil Services. The third government source said that coming up with a ‘common’ electoral roll for holding simultaneous Lok Sabha and assembly elections is among the other five-year plans.

#Reforms

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Riots krne ka tarika thoda cezual hai 🤗

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#Meme of the day

Combined Index of Eight Core Industries increases by 6.2% (provisional) in April, 2024 as compared to April, 2023: Government of India

#Economy