India nearly halves Chinese steel imports in May after imposing a 12% safeguard duty. Vietnamese shipments drop to near zero. While domestic mills gain relief, India remains a net importer—balancing protection with demand.

#MakeinIndia
https://t.co/x7UK0oh9Ew

If this takes off, big thank you to China. #aatmanirbharbharat

Cabinet approves Rs 1 lakh crore #Research, Development and Innovation scheme for private sector

https://t.co/hFAiUo1tm0

🇺🇸💵The dollar is experiencing its worst start to the year in more than 50 years, The New York Times reports.

Over the past six months, the dollar has weakened by more than 10% against the currencies of the United States' main trading partners.

This is the worst result since 1973, when the United States untied the dollar from the price of gold.

#NWO #Economy

Indian Remittances hit new record at $135.46 bn in FY25 (RBI)

#Economy

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🔺@SanataniShakti

Adani Enterprises Acquires 85.1% Stake in Air Works for ₹400 Crore to Expand Aircraft MRO Services; Air Works, India's Largest Privately-Owned Aviation MRO, Also Maintains Indian Navy's P-8I Aircraft #Aviation

https://t.co/Av4iC1F8SI

Unprecedented: Rural India is experiencing an economic transformation, with a surge in the services sector driving growth, a recent report highlights that 112 rural districts, encompassing 291 million people, have exceeded a $2,000 per capita income #Economy

https://m.economictimes.com/news/economy/indicators/rural-wealth-rising-112-districts-in-india-cross-threshold-of-2000-per-capita-income/articleshow/122165369.cms

🚨 India's GST collection jumps 6.2% YoY to ₹1.85 lakh crore in June

FY25 so far: ₹22.08 lakh crore GST collected — a record! #Economy

🇮🇳🤝🇫🇷 French sites to be protected by desi anti-drone systems!

India-based Paras Defence and Space Technologies, has announced that France-based CERBAIR intends to acquire up to 30 units of the CHIMERA 200 counter-UAS system

#Defence
https://t.co/buKvBUolLn

India’s Ministry of Defence concludes 13 contracts under the Emergency Procurement (EP) mechanism amounting to ₹1,981.90 crore finalised against an overall sanctioned outlay of ₹2,000 cr to strengthen Indian Army’s operational readiness in Counter-Terrorism.

#Defense #NationalSecurity

DRDO working on India's Bunker-Busting Missile for Deep Strikes

The new Varient of Agni-V can carry a 7,500KG Conventional Warhead with a range of 2,500 KM

Source

#Defense

Russia Reported Offer for Indian Navy

• 6 Refurbished Kilo-class Submarine (6-year delivery timeline)
• Another SSN lease (Chakra-III Class)
• 1500 km Kalibr LACMs
• Upgrades to Indian Kilos Subs to fire torpedoes from all 6 tubes (Currently Indian Kilo Subs can fire from only 2)

Source

#Defense #Geopolitics

Just 38 hours after the fatal AI 171 crash, another Air India wide-body aircraft had a close call.

On June 14, a Vienna-bound Boeing 777 (AI 187) received stall and ground proximity warnings shortly after takeoff from Delhi, dropping nearly 900 feet during climb. The pilots recovered and continued the flight safely.

DGCA is investigating; AI’s safety chief has been summoned, and both pilots have been grounded pending the probe.

#Aviation #NationalSecurity
https://www.msn.com/en-in/news/india/air-india-flight-from-delhi-to-vienna-suddenly-plunges-900-feet-seconds-after-takeoff-pilots-derostered/ar-AA1HLUDC

Deliver GE engines on priority, conclude joint production deal, Rajnath tells US Defence Secy Hegseth #Defence #ForeignAffairs

https://theprint.in/defence/deliver-ge-engines-on-priority-conclude-joint-production-deal-rajnath-tells-us-defence-secy-hegseth/2676525/

JindalSteel steps up: JSPL commissions its first continuous galvanising line at Angul, part of a ₹3,400 cr cold-rolling complex. Steel capacity to double to 12 MTPA by end-2025—strengthening supply chains and cutting import dependence. #MakeinIndia

https://t.co/gaT6EHXc9O

14th Dalai Lama makes it clear: His reincarnation will only be decided by a foundation appointed by him & China will have no role in appointing 15th Dalai Lama

#ForeignAffairs