Leaked files reviewed by The Grayzone show the US gov’t covertly funded Nepalese youth groups in the run-up to a violent coup. The “Gen Z” shadow army mobilized as the US sought to neutralize Chinese and Indian influence over Kathmandu – now controlled by a leader chosen by an informal social media poll. #IndianSubcontinent #Geopolitics

https://t.co/JJiwdQ4XaE

National Company Law Tribunal gives a go ahead to Bengaluru based Flipkart to shift its domicile from Singapore to India

Becomes second Walmart controlled firm to shift Domicile from Singapore to India after PhonePe



#Business


Source: The Economic Times https://share.google/Fkq6H2PoPqDoLkSxr

Battery Energy Storage System (BESS) costs have fallen sharply to about ₹2.1 per kWh, down from ₹10.18 per unit discovered in FY23 through competitive bidding.

The reduced cost is achievable without viability gap funding (VGF) if storage is utilised for two cycles per day; at 1.5 cycles, the cost works out to around ₹2.8 per kWh.

For context, recent tenders show solar power tariffs at ~₹2.5 per kWh, making BESS increasingly competitive for firming renewable power.

To accelerate adoption, the government is rolling out VGF schemes:
-13,220 MWh of BESS with budgetary support of ₹3,760 crore.

-An additional 30 GWh BESS scheme with ₹5,400 crore support via the Power System Development Fund.

The government has also waived inter-state transmission charges for 12 years for co-located BESS projects commissioned by June 2028. #Batteries #Energy

BREAKING: Telangana Police in India have officially confirmed that Bondi Beach Sydney Shooter Sajid Akram was originally from Hyderabad in India and migrated to Australia in 1998. Sajid Akram carried Indian passport but son Naveed is Australian citizen. #InternationalNews

We don't see Japan as an independent power..It will be an extra voice in favour of the US. It is completely dependent on the US. We can say more or less about Germany. It has to be a sovereign independent voice in the expanded UNSC, like India, Brazil

– Russia Ambassador to India

#Geopolitics

Rupee extends depreciation, hits record low of 91 against US Dollar #Economy

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Bangladeshi Navy ship rams into an Indian fishing trawler and flees; trawler capsized & 5 Indian fishermen are missing.

https://timesofindia.indiatimes.com/city/kolkata/indian-trawler-capsizes-in-bay-11-rescued-5-missing/articleshow/125989551.cms

IIT Madras will now allow BTech students to exit after 3 years with a BSc degree. #Education

List of Outcomes finalised : Visit of PM Modi to the Hashemite Kingdom of Jordan #ForeignAffairs

"Indian companies will support Jordan in making railway and next gen infra; India-Jordan can help rebuilt Syria's infra."

'Indian companies can use Jordan as a base to go to other countries says PM Modi; India is Jordan's 3rd largest trading partner & 'we want to build a long term relationship'

'Shooting for Indian films can be done in Jordan'

- PM Modi in Amman, Jordan #ForeignAffairs

PM Modi conferred with Ethiopia's highest Civilian award the ‘Great Honor Nishan of Ethiopia’. #ForeignAffairs

🇮🇳🤝🇪🇹 India, Ethiopia Elevate ties to Strategic Partnership.

Ethiopia is one of the four Recognized Nations in the Horn of Africa Region. #Geopolitics

India-Jordan Business Forum Discussion #ForeignPolicy

🇮🇳🤝🇪🇹 List of Outcomes of PM Modi visits to Ethiopia #ForeignPolicy