India’s Forex Reserves up by $4.69 billion to $702.9 billion
• Foreign Currency Asset(FCA) ⏫ $2.5 Billion
• Gold Holdings ⏫ $2.1 Billion
• Special Drawing Rights (SDR) ⏫ $32 Million
• IMF Reserve Postion ⏫ $9 Million
#Economy
• Foreign Currency Asset(FCA) ⏫ $2.5 Billion
• Gold Holdings ⏫ $2.1 Billion
• Special Drawing Rights (SDR) ⏫ $32 Million
• IMF Reserve Postion ⏫ $9 Million
#Economy
❤50🔥5
India grants infra status to large ships (≥10,000 GT, or ≥1,500 GT if built in India). Unlocks cheaper finance, access to long-term funds & ECBs, with ships as collateral. Big push to #shipbuilding, Indian flag tonnage & Maritime Vision 2030.
https://m.economictimes.com/industry/transportation/shipping-/-transport/large-ships-accorded-infra-status-to-draw-more-finances/articleshow/124002902.cms
https://m.economictimes.com/industry/transportation/shipping-/-transport/large-ships-accorded-infra-status-to-draw-more-finances/articleshow/124002902.cms
The Economic Times
Large ships accorded infra status, to draw more finances
The government has granted infrastructure status to large ships, defined as commercial vessels meeting specific tonnage and ownership criteria, aiming to facilitate easier and cheaper financing for shipbuilding in India. This move, aligned with the Maritime…
🔥23❤8⚡3👍1
Sri Lanka’s MAS Holdings & Japan’s Toray to set up a ₹1,211 cr apparel facility in Odisha on 60 acres. The JV is projected to create 10,000 jobs in a decade, boosting Odisha’s role in global textiles and marking a major win for India’s manufacturing. #Textile
https://t.co/qF7fGdd1nG
https://t.co/qF7fGdd1nG
The Textile Magazine
Toray Industries and MAS Holdings announce joint venture in Odisha, India - The Textile Magazine
Toray Industries (H.K.) Ltd., has officially entered a joint venture with South Asia’s largest apparel manufacturer MAS Holdings, marking a unique opportunity to enhance the two companies’ supply chaincapabilities and…
🔥18❤6👏4
Alliance University plans a ₹25 crore green #hydrogen pilot on Bengaluru’s outskirts: solar-powered electrolysis from rain & lake water, oxygen for hospitals, ammonia for fertilisers. If viable, a ₹150-200 cr “hydrogen valley” will follow.
https://t.co/Gj7bxnkgKu
https://t.co/Gj7bxnkgKu
The New Indian Express
Hydrogen power plant to be set up on Bengaluru outskirts
BENGALURU: A green hydrogen energy plant will be set up in the Hakki Pikki Colony (HPC) located on the periphery of Bannerghatta National Park (BNP), by Allianc
🔥19❤6
Sberbank + Indian app Cheq will let Russian tourists use cashless payments in India: register with passport & visa, load via Sberbank, pay via UPI wallet + QR codes. Bypassing card rails, easing travel + sanctions friction.
https://t.co/N89Mwh0BpX
https://t.co/N89Mwh0BpX
The Economic Times
Russians to get cashless payment option in India
Sberbank and Cheq have partnered to facilitate cashless transactions for Russian tourists visiting India. This collaboration addresses challenges faced due to sanctions. Russian tourists can now use the Cheq app with their Sberbank accounts for QR code payments.…
❤29🔥6
Oil India, ONGC Videsh & BPRL have recouped ~91% of their $1B in Vankorneft & Taas-Yuryakh, with full recovery expected by FY27. Despite sanctions-linked payment blockages, production of 2.1 MMTOE and rising dividends show overseas bets are paying off. #Oil
https://t.co/Xl7EOdGqFO
https://t.co/Xl7EOdGqFO
mint
Oil India has recovered over 91% of its $1 bn investment in Russia projects | Mint
Oil India, ONGC Videsh and Bharat Petro Resources Ltd acquired 23.9% stake in JSC Vankorneft and 29.9% stake in LLC Taas-Yuryakh from Rosneft Oil Company, the national oil company of Russia. Rosneft operates Vankor and Tass-Yuryakh fields and are its-wholly…
❤21🔥5
Adani #Ports is pumping in ₹30,000 crore over 2 years to scale Mundra, Dhamra & Vizhinjam, aiming for 1 billion tonne annual cargo by 2030 (~850 MMT domestically). With berth/terminal expansion + logistics & marine services growth.
https://m.economictimes.com/industry/transportation/shipping-/-transport/adani-to-invest-rs-30000-crore-more-in-ports-business/articleshow/123929318.cms
https://m.economictimes.com/industry/transportation/shipping-/-transport/adani-to-invest-rs-30000-crore-more-in-ports-business/articleshow/123929318.cms
The Economic Times
Adani to invest Rs 30,000 crore more in ports business
Adani Ports plans a ₹30,000 crore expansion over two years, primarily targeting Mundra, Dhamra, and Vizhinjam ports to achieve a one billion tonne cargo handling target by 2030. The investment spans ports, logistics, renewables, and marine services, with…
🔥24❤4👏1
ACE is investing ₹400 cr to build a 22-acre tower-crane plant in Palwal, plus 32 acres in Indore, aiming to double revenues by FY30 via defence, backhoes, agri and exports. Localizing high-demand heavy machinery is a big leap for CE capacity. #MakeinIndia #Infra
https://t.co/cbmc9QWuoz
https://t.co/cbmc9QWuoz
The Economic Times
Action Construction Equipment Ltd to invest Rs 400 crore in establishing crane manufacturing facility in Palwal
Action Construction Equipment Ltd (ACE) is investing Rs 400 crore in a new tower crane manufacturing facility in Palwal, Faridabad, to meet rising construction sector demand. The company also acquired 32 acres in Indore for future expansion.
🔥21❤3
Tata Consultancy Services (TCS) has collaborated with Qualcomm to set up the 'TCS Innovation Lab' in Bengaluru. The lab will focus on creating smart and sustainable Edge AI solutions. This collaboration will help industries use software to work more efficiently and become more efficient. #IT
🔥34❤4👍3👏1
Tamil Nadu inks MoUs for two greenfield shipyards in Tuticorin (Cochin + Mazagon Dock) with ₹30,000 cr investment, expected to generate ~55,000 #jobs (10,000 & 45,000 respectively). Anchoring the state’s Maritime Transport Manufacturing Policy 2025. #shipbuilding
https://t.co/DxUL2O00fJ
https://t.co/DxUL2O00fJ
The New Indian Express
TN to anchor India’s first maritime transport manufacturing policy with Rs 30,000 crore shipyard MoUs
CHENNAI: Tamil Nadu’s Industries Minister Dr T.R.B. Rajaa on Saturday said the state is poised to become a global hub for shipbuilding after signing two “ultra
🔥18❤5🤝4⚡2🤣1
Odisha’s Kendrapara is set for a mega #shipbuilding cluster: ₹24,700 cr investment, 1-1.2 million GT/year capacity, 2,000–2,500 acres + 2–2.5 km waterfront. Engine & steel sub-clusters + R&D to follow. A bold move under Maritime Vision 2047.
https://t.co/jnutGQJNgv
https://t.co/jnutGQJNgv
Mega shipbuilding cluster worth Rs 24,700, 00,00,000 to come up in Odisha’s Kendrapara
In a major boost to India s maritime ambitions the Paradip Port Authority PPA and Odisha Maritime Board OMB have signed a Memorandum of Understanding MoU to establish a large scale shipbuilding cluster in Odisha
🔥25❤7⚡2
Indian Development News 🇮🇳
President Trump signs executive order requiring companies to pay $100,000 fee to obtain H-1B worker visa. US President Donald J Trump also signs the Executive Order for a 'Gold Card' visa programme with fees set at $1 million for individuals and $2 million…
Those who are visiting or leaving the country, or visiting India, they don't need to rush back before Sunday or pay the $100,000 fee. $100,000 is only for new and not current existing holders.
– Senior US Officials
#InternationalNews
– Senior US Officials
#InternationalNews
🤣60👍7❤4🔥2
China dumps $26 Billion of US Treasury down to $731 Billion lowest since 2008
In Contrast Japan adds $4 Billion US Treasury up to $1.15 Trillion
UK adds $41 Billion surpassing China as second biggest holder of US Treasury
#InternationalNews
In Contrast Japan adds $4 Billion US Treasury up to $1.15 Trillion
UK adds $41 Billion surpassing China as second biggest holder of US Treasury
#InternationalNews
🤣44👍4🔥2
BARC is developing a 200 MWe (Megawatt electric) Nuclear Reactor for Indian Navy's Next Gen S-5 Class SSBN & Project-77 SSN Submarine to bolster India's Second Strike Capability to strengthen the Nuclear Triad
Source
#Defense
Source
#Defense
The Times of India
Bhabha Atomic Research Centre making reactor for Navy's next-generation nuclear-submarines | India News - The Times of India
India News: Bhabha Atomic Research Centre is developing a powerful 200 MWe reactor to significantly enhance the endurance of the Indian Navy's future submarines,
❤30🔥8⚡1
US President Trump threatens Afghanistan to return back Bagram Airbase #IndianSubcontinent
🤬59🤣14❤3😁2🔥1
Indian Development News 🇮🇳
US President Trump threatens Afghanistan to return back Bagram Airbase #IndianSubcontinent
FACT : Bagram Airbase was built by USSR not USA!!
🤣78💯4❤1👎1
SDHI inks a ₹4,250 cr MoU with Gujarat Maritime Board to supercharge Pipavav: ₹3,500 cr for yard expansion (slipways, jetties, cranes etc.), ₹200 cr CoE for 1,000+ trained annually, and a 200-acre maritime cluster. Big boost to India’s #shipbuilding.
https://t.co/mgnQKv5xyP
https://t.co/mgnQKv5xyP
The Economic Times
Swan Defence signs Rs 4,250 crore pact with Gujarat Maritime Board
Swan Defence and Heavy Industries has signed a Rs 4,250 crore agreement with Gujarat Maritime Board. The goal is to modernize shipyards and boost supply chains. SDHI also signed an MoU with Sagarmala Finance Corporation Limited. Prime Minister Narendra Modi…
💯20🔥5⚡1👏1🎉1
India sets a new benchmark: solar + storage tariff in Morena drops to ₹2.73–₹2.79/kWh — first time under ₹3/unit for firm, dispatchable renewables. Clean power + reliability at this cost reshapes the economics & accelerates India’s green transition. #Energy #Economy
https://t.co/1Y6WNHPSxB
https://t.co/1Y6WNHPSxB
Business-Standard
India records lowest solar-plus-storage tariff at MP Morena project
The bidders included Acme Solar, Adani Renewable, AMPIN Energy, Apraava Energy, CEIGALL India, Dilip Buildcon, Engie, MB Power, NTPC Renewable Energy, Purvah Green, ReNew Solar, Serentica Renewables
🎉24❤5👏4🔥3⚡1
Kaynes Semicon is doubling down: $150M to build design labs, GPUs, silicon photonics & 2.5D/3D ICs in India, beyond its current OSAT facility in Sanand. Big move up the stack — from packaging & testing to high-value chip R&D & sovereignty in semis. #semiconductor #Research
https://t.co/KdOdQAahir
https://t.co/KdOdQAahir
Entrepreneur
Kaynes Semicon To Get Into Fab, Design Lab & GPUs; $150 Million Investment in New Tech
We want to be an original design manufacturer (ODM) company, that's the vision for our second innings, says, Raghu Panicker, CEO, Kaynes Semicon
🔥24❤8⚡4