Indian Development News ๐Ÿ‡ฎ๐Ÿ‡ณ
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US President Trump says a deal has been concluded with Pakistan in which both countries will jointly develop Pakistanโ€™s "massive oil reserves"

Adds, Who knows [Pakistan] would be selling its oil to India

#Geopolitics
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Trump signs executive order increasing tariffs on Brazil to 50%. #InternationalNews
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US sanctions 6 India-based companies for trading oil with Iran

https://home.treasury.gov/news/press-releases/sb0215

#Geopolitics
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๐Ÿš„ #Railways has commissioned 96.4% of the Eastern & Western Dedicated Freight Corridors (2,741 km of 2,843 km).

๐Ÿš† 431 infrastructure projects sanctioned, covering 35,966 km.

๐Ÿšš 112 Gati Shakti Cargo Terminals commissioned since 2021.

https://t.co/TKS9YQV1lz
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IMF released growth forecasts for 2025:

๐Ÿ‡ฎ๐Ÿ‡ณ India: 6.4%
๐Ÿ‡บ๐Ÿ‡ธ US: 1.9%
๐Ÿ‡ฉ๐Ÿ‡ช Germany: 0.1%
๐Ÿ‡ซ๐Ÿ‡ท France: 0.6%
๐Ÿ‡ฌ๐Ÿ‡ง UK: 1.2%
๐Ÿ‡จ๐Ÿ‡ณ China: 4.8%
๐Ÿ‡ฏ๐Ÿ‡ต Japan:0.7%
๐Ÿ‡ท๐Ÿ‡บ Russia: 0.9%
๐Ÿ‡ง๐Ÿ‡ท Brazil: 2.3%
๐Ÿ‡ธ๐Ÿ‡ฆ Saudi Arabia: 3.6%
๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria: 3.4%
#Economy
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NHPC invited tender for construction of Sawalkote Hydro Power Project - Biggest Dam on River Chenab

Height - 193 meters
Electricity generation - 1856 MW
Water Storage - 550 million Cubic metres

Source

#Energy
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๐Ÿ’ฅ Indian start up , Kalam Labs has demonstrated its Stratospheric Kamikaze UAV to the Indian Army at HQ Artillery, Devlali (Nashik) โ€”

โ–ช๏ธ Test deployment from 33,000 ft
โ–ช๏ธ >100 km range, 1 kg explosive payload
โ–ช๏ธ GPS-denied, radar-evading, terminal strike


#defence #tech


https://x.com/kalam_labs/status/1950673196623286448?t=INjL5wNHxRsr1KAZF1k8zA&s=19
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What a weird day was yesterday ๐Ÿ˜ตโ€๐Ÿ’ซ
A geopolitical paradox !!!


#Geopolitics
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City of Chasiv Yar, Eastern Ukraine has fallen to Russian Armed Forces, says Russian MoD

#InternationalNews
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Myanmar Junta Ends Emergency ; election to be held by December 2025

#IndianSubcontient
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๐Ÿ‡ฎ๐Ÿ‡ณ๐Ÿ‡ท๐Ÿ‡บโšก๐Ÿ‡บ๐Ÿ‡ธ โ€œI donโ€™t care what India does with Russia. They can take their DEAD economies down together for all I care.โ€ โ€“ Trump

#Geopolitics
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China rejects US calls to go away from Russian Oil

"China will always ensure its energy supply in ways that serve our national interests" - Chinese MoFA

#Geopolitics
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The United States continues to weaponize the economy and use #Sanctions as tools to dictate its will on independent nations such as Iran and India and impede their growth and development. These coercive discriminatory actions violate the principles of international law and national sovereignty, representing a modern form of economic imperialism. Resisting such policies is a stand for a more powerful emerging non Western-led multilateral world order and a stronger Global South.


โ€“ Iranian Embassy in India

#Geopolitics
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Indian Development News ๐Ÿ‡ฎ๐Ÿ‡ณ
๐Ÿ‡ฎ๐Ÿ‡ณ๐Ÿ‡ท๐Ÿ‡บโšก๐Ÿ‡บ๐Ÿ‡ธ โ€œI donโ€™t care what India does with Russia. They can take their DEAD economies down together for all I care.โ€ โ€“ Trump #Geopolitics
"Yes, he is right, Everybody knows this except the Prime Minsiter and the Finance Minsiter. Everybody knows that the Indian economy is a dead economy. I am glad that President Trump has stated a fact... The entire world knows that the Indian economy is a dead economy."


โ€“ LoP Rahul Gandhi on Trump's Comments
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Bharat Forge to set up Indiaโ€™s first dedicated aerospace ring rolling mill in Chakan, Pune. The facility will manufacture key structural componentsโ€”like rings for aircraft engines and landing gearโ€”enhancing Indiaโ€™s aerospace self-reliance.

https://www.autocarpro.in/news/bharat-forge-to-establish-aerospace-ring-mill-127786
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ICICI Bank is set to introduce a fee for payment aggregators for #UPI transactions starting August 1, 2025.

You as a regular customer won't have to pay a fee for every UPI transactionโ€”these new charges from ICICI Bank are for payment aggregators (the companies/platforms that enable UPI payments for merchants), not individual users.
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India and Peru are expecting to sign Free Trade Agreement (FTA) by the end of this year or early 2026.

Peru has invited Indian companies to invest, start joint venture exploration, and establish technological tie-ups in the sector to source these Critical Minerals..

Source

#Trade
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