Indian Development News 🇮🇳
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Waves crash into Severo-Kurilsk,Far East Russia reaching 5 meters at peak - Russian State RIA reports

Japan has reported Waves as high as 1.3 meters
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Tata Motors to acquire Italian truck maker Iveco for $4.5 billion in landmark global deal.

#Trade
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Parliament session on #OpSindoor
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BREAKING: Piprahwa gems linked to Buddha relics worth millions of dollars return back to India after 127 yrs. In a total thriller, the Indian govt intervened to stop Sotheby’s auction in Hong Kong, with the matter being raised with the UK. Godrej acquired them & they will be displayed at ntl museum. #Heritage
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Hyderabad based space-tech startup Stardour successfully test-fires India’s first Hydrogen-Oxygen Propulsion

🔹 The engine will power Lucas, a next-gen Orbital Transfer Vehicle
🔹 Maiden launch scheduled for Q3 2027
🔹 Led by former ISRO scientist Rama Rao

#Space #Startups #Research
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HAL has signed a Manufacturing License Agreement (MLA) with GE for the production of Engines for LCA Mk 2 under Transfer of Technology (ToT) in India. #Defence #Aviation #MakeInIndia
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Trump to imposes 25% Tariff on India starting Aug 1st

Criticizes India’s "high tariffs" and strong ties with Russia amid Ukraine war. And will impose Penalties

#Geopolitics
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Indian Development News 🇮🇳
Trump to imposes 25% Tariff on India starting Aug 1st Criticizes India’s "high tariffs" and strong ties with Russia amid Ukraine war. And will impose Penalties #Geopolitics
This effectively means what GOI was saying is True

No Trade talks happened btw 7-10 May and Trump proved it today he lied about Ceasefire and Trade Deal 👀

#Opinion
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Amber Group acquires 40%+ in Israel’s Unitronics, entering industrial automation. Strategic move diversifies from AC components to smart factories, warehousing & robotics—tapping global demand for automation-led efficiency. #MakeInIndia

https://t.co/iqtubxAvRN
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Johnson Lifts will invest ₹250 crore in R&D over the next 3 years to develop high-speed, AI-enabled elevators for high-rises. The Chennai firm aims to localize tech, cut import dependence, and meet growing demand as Indian cities go vertical. #MakeInIndia

https://t.co/BX0JJr23ZY
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Oragadam-Sriperumbudur in Tamil Nadu has emerged as India’s tyre capital, accounting for 30% of national tyre output. With over ₹10,000 crore in investments and top brands like MRF, Apollo, Michelin, and Yokohama present, Key node in India’s auto chain. #Automobile

https://www.thehindubusinessline.com/economy/oragadam-sriperumbudur-emerges-as-tyre-capital-making-30-of-indias-output/article69869052.ece
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Technosport signs ₹100 crore MoU with Odisha govt to set up an activewear facility in Khurda. The move marks a boost to Make in India apparel manufacturing, creating 2,000 jobs and enhancing Odisha’s profile as a #textile hub.
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IMF raises global growth forecast to 3% for 2025, citing weaker US tariffs & a falling dollar easing global debt burdens. China (+0.8pp) & US (+0.2pp) upgraded. #Economy

https://t.co/ErvrddPott
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The Government has taken note of a statement by the US President on bilateral trade.  The Government is studying its implications: Govt of India

#Geopolitics #Trade
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Indian Development News 🇮🇳
“Microsoft has stopped providing services to Nayara Energy, the Indian oil refiner said in a statement, which was recently hit with EU sanctions..” “The Mumbai-based firm filed a lawsuit in the High Court of Delhi against Microsoft..” #Geopolitics https…
"Microsoft is committed to supporting all its customers in India and worldwide, and has restored services for Nayara Energy. We are engaged in ongoing discussions with the European Union towards service continuity for the organization"

#Geopolitics
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