Indian Development News ๐Ÿ‡ฎ๐Ÿ‡ณ
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Hardeep Singh Puri will do a press conference to deny allegations on Epstein files but won't do one in an international crisis, while lying through "govt. sources"
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Indigo CEO Peter Elbiers resigns with immediate effect.

Indigo MD Rahul Bhatia to take over on an interim basis. #Aviation
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Army columns deployed in West Garo Hills, Meghalaya, on the request of civil administration and are conducting a flag march: PRO Defence Guwahati

#nationalsecurity
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Air India group today announced a phased expansion of a fuel surcharge on its domestic and international routes, necessitated by the steep rise in jet fuel prices arising from the geopolitical situation in the Gulf region.

The new fuel surcharges are being implemented in three phases, covering travel on all flights, including those operated by Air India Express 1, as follows:


#Petroleum
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๐Ÿ‡ฐ๐Ÿ‡ท๐Ÿ‡บ๐Ÿ‡ธโšก Korean media published an image from today, showing the US dismantling its THAAD and Patriot systems from S-Korea, to send to the Middle East
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West Asia War (Sequence of Events)

๐Ÿ‡บ๐Ÿ‡ธ US Energy Secretary says U.S. Navy has escorted an #Oil tanker through the Strait of Hormuz

๐Ÿ‡ฎ๐Ÿ‡ท IRGC Navy Commander: The
claim of an oil tanker passing through the Strait of Hormuz with a U.S. military escort is an absolute lie. Every passage of the American fleet and its allies will be halted by the net of Iranian missiles.

๐Ÿ‡บ๐Ÿ‡ธ US Energy Secretary deletes the Post ; White House Press Secretary says no Military Escort by US in Strait of Hormuz.
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๐Ÿ‡บ๐Ÿ‡ธโš”๏ธ๐Ÿ‡ฎ๐Ÿ‡ท Pentagon confirms that about 140 U.S. troops have been injured in Operation Epic Fury, including 8 severely and 108 who have returned to duty.
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Reliance will maximize LPG Production at it's Jamnagar Refinery to support India's LPG demand.

Also Natural Gas Produced in KG-D6 Basin will be directed to Priority Sectors
#Energy
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๐Ÿ‡ฎ๐Ÿ‡ณ๐Ÿค๐Ÿ‡บ๐Ÿ‡ธ Trump announces that "America First Refining is opening the FIRST new U.S. Oil Refinery in 50 YEARS in Brownsville, Texas," and thanks "our partners in India, and their largest privately held Energy Company, Reliance, for this tremendous Investment."

#Oil #Energy #Infra #Geopolitics
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India moves to plug LPG shock from West Asia. Secures 1 million tonnes (1 mt) LPG from the US
20 VLGCs already lined up to bring the first 1 mt. #Energy
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India-assembled laptops now account for ~โ…“ of sales, up from <5% in Mar-2024, driven by the โ‚น17,000-cr Production Linked Incentive Scheme. EMS firms like Dixon Technologies are producing for brands including HP, Dell, Lenovo and ASUS. #MakeInIndia #Tech
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India will validate an indigenous #AI weather forecasting model after the monsoon, comparing predictions with actual rainfall data. The system will complement the Bharat Forecasting System and is being evaluated by India Meteorological Department to improve early warnings, disaster preparedness, and farm planning. #Environment
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Union Cabinet of India cleared final amendments to the Insolvency and Bankruptcy Code: resolution professional cannot act as liquidator, National Company Law Appellate Tribunal must decide cases within 3 months, and clean-slate rule clarified prospectively (not retrospective). #Policy #Reforms
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India generated 132.5M e-way bills in Feb, the 3rd highest ever, signalling strong goods movement under Goods and Services Tax. The 3.1% MoM dip vs Jan (136.8M) is seasonal (shorter month), while YoY growth vs Feb 2025 (111.6M) points to resilient logistics and potential strong March GST collections. #Economy
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Union Cabinet of India cleared โ‚น11,944 cr road and rail projects, including an 80-km NH-752D corridor in Madhya Pradesh and an 11-km elevated road linking Noida International Airport to Faridabad. Rail upgrades in WBโ€“Jharkhand will add 31 MTPA freight capacity. #Infra #Railways
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Sagar Defence Engineering will build the worldโ€™s first autonomous maritime shipyard at Juvvaladinne Fishing Harbour. The facility will develop unmanned surface and underwater vessels, boost indigenous maritime tech and create ~750 jobs. #Ports #Robotics

https://t.co/ZIVxzoWYHs
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