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.

– Iranian Embassy in India

#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."

– LoP Rahul Gandhi on Trump's Comments

Bharat Forge to set up India’s first dedicated aerospace ring rolling mill in Chakan, Pune. The facility will manufacture key structural components—like rings for aircraft engines and landing gear—enhancing India’s aerospace self-reliance.

https://www.autocarpro.in/news/bharat-forge-to-establish-aerospace-ring-mill-127786

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 transaction—these new charges from ICICI Bank are for payment aggregators (the companies/platforms that enable UPI payments for merchants), not individual users.

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

India & Brazil hold key Defence talks to boost Military Cooperation

Source

#Geopolitics #Defense

🇮🇳🤝🇦🇪 PM Modi, UAE President Md. Bin Zayed hold telephonic conversation about deeping Comprehensive Strategic Partnership btw the two countries

#Geopolitics

4 Major Rail projects worth over Rs. 11,100 crore have been approved by Union Cabinet In the State of Maharashtra, Madhya Pradesh, West Bengal, Bihar, Odisha, and Jharkhand which in turn will increase Rail network by 574 km

#Railways

Oil marketing companies have revised the prices of commercial LPG gas cylinders. The rate of 19 kg commercial LPG gas cylinders has been reduced by Rs 33.50 effective from tomorrow. The retail sale price of a 19 kg commercial LPG cylinder will be Rs 1631.50 from August 1.

There is no change in the prices of 14.2 KG domestic cylinders.

#Policy

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India’s chip design ecosystem is gaining traction: 23 projects cleared under DLI scheme with ₹2,600 crore outlay. Focus on AI, 5G, automotive, and IoT chips—led by startups & academia. A key step toward building a full-stack #semiconductor ecosystem.

https://m.economictimes.com/industry/cons-products/electronics/india-accelerates-chip-design-ecosystem-with-23-projects-sanctioned-under-dli-scheme/articleshow/123013643.cms

Government sets forth design & guidelines for MR Tankers & VLGCs to be built in India

Source

#Shipbuilding

12th July, 2025 India Today - Dedollarisation is fundamentally impossible

16th July, 2025 The Guardian - Dedollarisation is NOT a threat to global stability. It is rebalancing.

#NWO #Economy