Yes, India’s #defence #exports are booming, but guess who’s the biggest importer

“….the biggest importer of Indian defence goods is the US, which accounts for nearly 50 percent of India’s total defence exports.”

https://t.co/pi7ODwyXfX

Paytm to sell entertainment ticketing business to Zomato for ₹2,048 crore.

Zomato to own Paytm Insider

#Trade

Suchi Semicon to invest $100 million to set up a Semiconductor OSAT plant in Surat, Gujarat.

#Investment

American energy giant, Chevron, to invest a massive $1 billion to establish a cutting edge technology centre in Bengaluru

#Investment

We have seen concerns being expressed in Bangladesh that the current situation of flood in districts on the eastern borders of Bangladesh has been caused by opening of the Dumbur dam upstream of the Gumti River in Tripura. This is factually not correct. We would like to point out that the catchment areas of Gumti river that flows through India and Bangladesh have witnessed heaviest rains of this year over the last few days. The flood in Bangladesh is primarily due to waters from these large catchments downstream of the dam: MEA #ForeignAffairs

India became the largest importer of Russian #Oil overtaking China in July, 2024.

India, Poland elevate ties to ‘Strategic Partnership’.

#Geopolitics

#Tax #Policy

Raipur Municipal Corporation has signed MoU with Russia to introduce a Light #Metro train in Raipur city, Chattisgarh.

#Infra

Wishing everyone Maidan National Space Day !!!

1 Year ago! ISRO created history by landing a Probe on the South Poler Region of the Lunar Surface.

#ISRO #CH3

PM Modi deboarding a train on arrival in Kyiv, Ukraine

#ForeignAffairs

"Ancient India should save the world"

Irony??

#Geopolitics

The iconic Badminton High Performance Centre in Kalinga Stadium will be inaugurated today.

8 badminton courts with 500 seating capacity.

Odisha government has provided 3.04 acres of land and Rs 55 crore for this center.

#Sports

https://www.thehindu.com/news/international/chinas-rising-youth-unemployment-breeds-new-working-class/article68553567.ece/

#InternationalNews #Jobs

UP Govt has approved 3 semiconductor investment proposals in Noida, land allocation is in progress ~ projects now await central govt’s go ahead:

🔸Tarq Semiconductors ~ 125 acres, Sector 28 YEIDA, ₹28,440 crores, backed by Hiranandani
🔸Vamasundari Investments ~ 50 acres, Sector 10 YEIDA, ₹13,599 crores, backed by HCL & Foxconn
🔸Kaynes Semicon ~ 50 acres, Sector 10 YEIDA, ₹4,248 crores

Total expected investment ~ ₹50k crores
Employment generation ~ 40,000

#SemiConductor #Jobs

(Power) shortage in India (% in FY):

The demand-supply gap

2024: 0.3%
2023: 0.5%
2021: 0.4%
2020: 0.5%
2018: 0.7%
2016: 2.1%
2014: 4.2%
2013: 8.7%
2009: 11.1%
2004: 7.1%

(Ministry of Power)

#Energy

Orange 🍊 production:

2022:
India🇮🇳: 10.20 million tonnes
China🇨🇳: 7.60 million tonnes

2012:
China🇨🇳: 7.10 million tonnes
India🇮🇳: 4.36 million tonnes

(FAO)

#Agriculture

Critical Atlantic Ocean current system is showing early signs of collapse, prompting warning from scientists

Source 🔗

#Climate

Indian #ForeignPolicy