🛡️ IZMO Enters India’s #Defence Electronics Sector via #Semiconductor Packaging

👉🏻 izmoMicro, subsidiary of IZMO Ltd, has entered India’s defence electronics sector
👉🏻 Co will act as an advanced semiconductor packaging partner for defence programs
👉🏻 Focus areas include radar & sensing systems, RF/microwave assemblies, airborne electronics, and precision guidance systems
👉🏻 Move aligns with India’s defence indigenization push and record defence spending
👉🏻 Supported by technologies such as silicon photonics, 3D System-in-Package, and defence-grade hermetic packaging

Noida based startup has unveiled Project KAL, a long-range strike drone with 1000 km range. #Defence #Drones #Startups

Reuters confirmed that the girls elementary school in the Iranian city of Minab was bombed TWICE by the US military, 40 minutes apart.

1st strike killed 168 girls and 14 teachers, while the 2nd strike killed the First Aid and rescuers who came to help the survivors

BREAKING: Crude oil prices fall by $17 in two hours on reports of G7 countries considering releasing petroleum reserves

#Energy

$3.5 trillion dollars have been wiped out from the global finanical markets since Feb 28

⚡ ABB to Invest ~₹622.5 Cr in India to Expand Manufacturing & R&D #MakeInIndia

👉🏻 ABB plans to invest ~$75 million (~₹622.5 Cr) in India during 2026
👉🏻 Investment aimed at expanding manufacturing and R&D capabilities
👉🏻 Focus on electrification, motion and automation solutions
👉🏻 Capacity expansion planned across Bengaluru, Hyderabad, Nashik and Vadodara
👉🏻 Expected to create 300+ new skilled jobs

As expected Bangladesh govt has asked Indian govt for help to counter rapidly growing fuel shortage at home.

They want 50,000 ton diesel ASAP. #IndianSubcontinent

Bangladesh announced all universities will be closed and all govt offices to work in WFH mode as part of emergency measures to conserve fuel amid a worsening energy crisis linked to the US-Israeli war on Iran. #IndianSubcontinent

Just In: 🇮🇩🤝🇮🇳 Indonesian defence ministry announces signing of deal with India for procurement of 3 batteries of BrahMos Block-III cruise missiles.

2nd buyer of Brahmos after Philippines

#Defence

🇮🇷🇹🇷⚡️Iran has launched a Second Ballistic Missile at Turkey.

The Turkish Ministry of Defense reports that a ballistic missile launched from Iran entered Turkish airspace and was intercepted by NATO air defense systems.

Indian Embassy in Bahrain issues Advisory for Nationals who want to Leave the Country via Saudi Arabia #ForeignAffairs

India needs 9 million tonnes of bitumen annually to build and maintain highways. With West Asia supplies disrupted, NHAI scrambles to secure supplies from domestic refiners like IOCL, BPCL, HPCL.

Nearly 35–36% of India’s bitumen demand is met through imports, much of it linked to West Asian crude flows.

If the conflict drags on, road construction costs could rise and supply chains will tighten. #Infra

🌾 45% of urea production goes through the Strait of Hormuz. We are about to see another massive shock to fertiliser markets.

Fortunately India imports only 15-20% of urea, the rest is manufactured here. #aatmarnirbharbharat #agriculture

Govt Sources say -

*India has no plan to release oil reserves in coordination with the International Energy Agency (IEA).

*India is unlikely to contribute from its strategic petroleum reserves in G7 effort, as our strategy is "India First"

ANI.

#Oil #Petroleum

Govt Sources say -

* Petrol and Diesel prices are unlikely to increase as we have enough stock. Unless crude oil prices breach USD 130, petrol-diesel prices are unlikely to increase. We expect crude oil prices to be around $100 per barrel.

* No problem of shortage of petrol and diesel at any pump in the country

* We have accelerated crude sourcing from routes outside the Strait of Hormuz

* India has enough stock of Aviation Turbine Fuel (ATF)

* India is a producer and exporter of ATF (Aviation Turbine Fuel), no need to panic about ATF

* India is better placed than other countries. Many countries have approached India for taking stock
----ANI

#Energy

Govt Sources say -

On LPG:
*In order to stop hoarding and black marketing, LPG booking period has been increased from 21 to 25 days

*There were instances where people who were earlier booking LPG cylinders in 55 Days has started booking LPG cylinders in 15 days.

*Govt has ordered refineries to boost LPG output

*Ordered to give priority to domestic LPG over commercial connections

*Domestic consumers will always be a priority

*Scouting for more LPG Partners

*Countries like Algeria, Australia, Canada, Norway have approached to sell LPG

-------- ANI

#energy

UAE Envoy to India hoping on PM Modi to resolve Issue...

#Geopolitics

A dinner with the R&AW chief and a meeting with India's DGMI. Bangladesh's new Director General of Forces Intelligence Maj Gen. Chowdhury visited New Delhi in a visit kept under wraps last between 1 & 3 March

Source

#IndianSubcontinent

Many Bengaluru hotels to be shut tomorrow as the city’s hotels association claims commercial gas cylinders’ supply has been stopped

#Energy

🇺🇸🇹🇷⚡ US urges citizens to leave SouthEast Turkiye, orders Non-Essential Staff out of Adana Consulate