A reality check from MIT: 95% of companies are getting *zero* ROI from their Gen #AI investments.

BREAKING: America's Export Import Bank says it has received an application for a $100 million+ loan to develop Pakistan's Reko Diq mine in Balochistan #IndianSubcontinent

50% Tariff in effect now

#Trade

France may need IMF bailout, warns French Finance minister

Source

#InternationalNews

“India and Japan are working on the UNICORN project, which will develop radar masts for the Indian Navy. The two navies are also exploring ship maintenance in India. DRDO and Japan’s ATLA are also in discussions.”

– MEA

#Geopolitics #Defense

India aims to have 350 Airports by 2047 up from 162 currently – Aviation Minister

#Aviation #Infra

गणेश चतुर्थी के पर्व की सभी मित्रगणों को हार्दिक शुभकामनायें 🙏🙏

Breaking: Exxon has held secret talks with Russia’s biggest state energy company about resuming business in the country

Let's increase tariffs on India by another 25%

#InternationalNews
https://t.co/6onL7L4uiq

Indian high commission to Islamabad alerts Pakistan about the floods coming from India due to incessant rains #IndianSubcontinent

India now spends ₹2 trillion/year (0.6% of GDP) on cash transfers to 130M+ women under Ladli Behen Yojana—yet we know little about their effects. This paper presents findings from the first large-scale RCT of maternal cash transfers in India. Here is the synopsis.

> ₹500/month transfers led to a 9–15% jump in calorie intake for mothers and children, with better diet diversity and more protein/iron.

>Mothers’ calorie intake rose faster than others’, reducing intra-household food inequality and hinting at growing maternal empowerment.

>Kids in treated households showed significant improvements in cognitive and motor skills (0.12 SD at age 3), even if height/weight didn’t change much.

>Nutrition gains translated into physical growth only in areas with better sanitation, linking India’s malnutrition crisis to open defecation.

>Cash vs Food Transfers: Families spent ~40% of transfers on food, yielding calorie gains similar to India’s PDS rations. Suggests cash works as well as in-kind.

>Even older siblings (non-targeted) gained weight (WAZ +0.11 SD), showing household-wide effects.

>Such programs already reach 130M women in India, costing ~0.6% of GDP, but evidence like this shows triple dividends—better nutrition, gender equity, child development. #Health #Policy

#Research paper link
https://www.nber.org/papers/w32093

India to start testing new LR-SAM systems under Project Kusha by next year, which will be a critical part of the Mission Sudarshan Chakra announced by PM Modi.

Missile Testing & Induction Timeline:

• M1 Interceptor (150 km range): 1st test 2026
• M2 Interceptor (250 km range): test by 2027.
• M3 Interceptor (350 km range): test by 2028.

Induction: All 3 LR-SAMs targeted for service entry from 2030 onwards, as an alternative of the current S-400 system.

#tech #defence

🇮🇳 Godavari River flowing through Papikondalu Hills , Andhra Pradesh. 🌊🌄

#nature

Every Rupee increase in UPI transactions reduces debit card usage by 14 paisa.

This isn't just digital adoption - it's mathematical proof India has rewired how 1.4 billion people handle money.

SBI Research dropped jaw-dropping numbers that reshape everything we know about payments. Click the link below and read some mind boggling facts and figures 🧵👇


https://x.com/jasuja/status/1960187963893006538?t=7f3pUmn0VjuT0rh5-0KBBQ&s=19

Saudi Arabia 🇸🇦 and India 🇮🇳 were biggest buyers of Russian fuel oil in July, data shows

#energy
https://m.economictimes.com/news/economy/foreign-trade/saudi-arabia-and-india-were-biggest-buyers-of-russian-fuel-oil-in-july-data-shows/articleshow/123525381.cms

Cabinet approves submission of bid for the Commonwealth Games (CWG) 2030 #Sports