Bank credit rose 11.5% YoY in mid-Dec, adding ₹20.18 lakh cr, outpacing deposit growth of 10.2% (₹22.43 lakh cr). Demand is led by retail, agri & MSMEs (~65% of SBI’s book). Forex reserves climbed $4.36 bn to $693.3 bn after RBI liquidity swaps. #Economy
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Vedanta has secured a government NOC to drill 20 onshore oil and gas wells in Andhra Pradesh, advancing its upstream footprint in India. The move accelerates exploration activity
and could increase domestic hydrocarbon production. #Oil #Energy #aatmarnirbharbharat
https://t.co/7127Pk4yiM
and could increase domestic hydrocarbon production. #Oil #Energy #aatmarnirbharbharat
https://t.co/7127Pk4yiM
The Economic Times
Vedanta Ltd gets NOC from Andhra govt to drill 20 onshore oil, gas wells
Andhra Pradesh government has issued a conditional No Objection Certificate to Vedanta Limited. This allows the company to drill 20 onshore wells in Krishna district. The approval is subject to strict terms and conditions. Vedanta Limited is India's largest…
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#Defence & Defence R&D spending as % of GDP since 2019.
The budget has not increased as fast as the economy has grown, hence the fall in % numbers.
The budget has not increased as fast as the economy has grown, hence the fall in % numbers.
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India’s environment panel has cleared the 260 MW Dulhasti Stage-II hydropower project on the Chenab in J&K, estimated at ~₹3,200 cr, paving the way for tenders. The move comes as the IWT with Pakistan has been in abeyance since April 23, 2025.
With the treaty now in abeyance, the Centre is pushing ahead with several hydroelectric projects in the Indus basin, such as Sawalkote, Ratle, Bursar, Pakal Dul, Kwar, Kiru, and Kirthai I and II.
#Infra #Geopolitics #Water
https://t.co/dzfjNRE4r4
With the treaty now in abeyance, the Centre is pushing ahead with several hydroelectric projects in the Indus basin, such as Sawalkote, Ratle, Bursar, Pakal Dul, Kwar, Kiru, and Kirthai I and II.
#Infra #Geopolitics #Water
https://t.co/dzfjNRE4r4
The Tribune
Indus Waters Treaty with Pakistan in abeyance, Centre clears Dulhasti hydel project on Chenab - The Tribune
When the treaty was in force, Pakistan had rights over the Indus, Jhelum and Chenab rivers, and India over the Ravi, Beas and Sutlej.
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Silver overtakes the British Pound as the World's 11th most Valuable Asset #NWO #InternationalNews
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Interested in geopolitics, politics, global news, economy, and more? We've curated a special catalog of English-speaking channels just for you!
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Forex reserves surged by $4.368 billion to $693.318 billion in the last week. Gold Reserves increased by $2.623 billion to $110.365 billion. #Economy
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Pre ethanol adulteration - We used to import 85% of our crude requirements.
Then came the great visionaries Nitin Gadkari and Hardeep S Puri and adulterated petrol with 20% ethanol despite 80% of our vehicles being incompatible with e20.
Now:
- We are importing 90% of our crude requirements.
- We are importing ethanol.
- We are importing corn for making ethanol. We have turned from a net corn exporter to a corn importer.
#Energy
Then came the great visionaries Nitin Gadkari and Hardeep S Puri and adulterated petrol with 20% ethanol despite 80% of our vehicles being incompatible with e20.
Now:
- We are importing 90% of our crude requirements.
- We are importing ethanol.
- We are importing corn for making ethanol. We have turned from a net corn exporter to a corn importer.
#Energy
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India walked away from RCEP in 2019 to avoid tariff-free backdoor entry for Chinese goods. 6 years on, it’s stitched together FTAs with almost every RCEP member except China.
With the India–New Zealand FTA, India will have trade deals with 14 of 15 RCEP countries, gaining market access without surrendering tariff control to Beijing.
Instead of one China-heavy mega pact, India chose bilateral FTAs + tighter safeguards, keeping China limited to a narrow APTA framework. #Trade #Geopilitics
With the India–New Zealand FTA, India will have trade deals with 14 of 15 RCEP countries, gaining market access without surrendering tariff control to Beijing.
Instead of one China-heavy mega pact, India chose bilateral FTAs + tighter safeguards, keeping China limited to a narrow APTA framework. #Trade #Geopilitics
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President Droupadi Murmu boards INS Vagsheer at Karwar for a submarine sortie.
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