Indian Development News 🇮🇳
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Odisha is boosting its draft #EV Policy-2025: two-wheeler registration subsidy raised from ₹20,000 → ₹30,000 (₹5,000/kWh up to ₹30,000). Four-wheeler taxi incentive jumps to ₹2 lakh. State targets EVs to be 50% of new vehicle registrations by 2030. #Policy
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US banks unrealized losses remain elevated:

Unrealized losses on investment securities fell $17.9 billion, to $395 billion in Q2 2025.

This marks the 15th consecutive quarter of reported unrealized losses and ~5 times above the levels seen during the Great Financial Crisis. #InternationalNews #Economy
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India issues a notification for a likely missile test in the Bay of Bengal region

Date | 24-25 September 2025
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India's smartphone #exports have crossed Rs 1 lakh crore in just first five months of FY26.
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Unemployment rate falls to 4-month low of 5.1% in August –dips for 2nd month #Jobs
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Assistant U.S. Trade Representative Brendan Lynch had a positive meeting in Delhi with his counterpart Ministry of Commerce and Industry Special Secretary Rajesh Agrawal on September 16 to discuss next steps in bilateral trade negotiations' #Trade #ForeignAffairs
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BIG BREAKING

Maoists announce Ceasefire and giving up their Arms

#NationalSecurity
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PM Modi Holds Telephonic Conversation with US President Trump

India-US fully committed on Comprehensive and Global Partnership btw both countries, discussed peaceful resolution on Ukraine

#Geopolitics
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PM Modi Holds Telephonic Conversation with Denmark PM Mette Frederiksen

Both countries reaffirmed strong commitment to strengthening our Green Strategic Partnership and to an early conclusion of the India-EU Free Trade Agreement.

Discussed our interest in bringing an early end to conflict in Ukraine

#Geopolitics
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Indian Development News 🇮🇳
India and Eurasian Economic Union(EAEU) sign Terms of Reference to launch FTA negotiations EAEU – Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia #Geopolitics #Trade
Minister in charge of Trade of the Eurasian Economic Commission(EAEU) Andrey Slepnev held talks with India's trade Minister Goyal for fast-tracked talks on an FTA between India-EAEU

EAEU - Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia

#Geopolitics #Trade
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Life imprisonment for stray dogs who bites humans twice in Uttar Pradesh.

#Policy
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PM Modi inaugurates India’s first 2G bamboo bioethanol plant in Assam (~₹5,000 cr) at Numaligarh. Zero-waste facility to turn 5 lakh tonnes bamboo/year into fuel, furfural, acetic acid + bio-coal. Key for energy self-reliance & rural income. #Energy

https://t.co/liCvN4VxqY
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Montra Electric’s Rhino 5538 #EV fleet (350 heavy trucks in cement, steel & port logistics) has clocked 1.2 crore km in 2 years, cut 3.79 million tons of CO₂ with >98% uptime. Proof that industrial EVs aren’t tomorrow’s promise—they’re India’s here & now.

#MakeInIndia
https://t.co/LJVpYizzbF
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Jindal Steel International has made an unsolicited offer for Germany's thyssenkrupp Steel Europe, promising €2 billion for decarbonization. This bid reflects growing Indian interest in European steel, with Jindal aiming to establish a strong foothold in the market amid competitive pressures.
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India is rolling out a ₹4000 cr incentive plan to overtake Bangladesh in ship recycling. Owners scrapping in India get credit notes worth ~40% of scrap value, valid 3 yrs. India had 33% global share in 2023 vs Bangladesh’s 46%. #MakeInIndia
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