🇸🇾⚡ Israeli Media claims Rockets Fired from Syria towards Israel
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Indian Development News 🇮🇳
Arcelor-Mittal /Nippon Steel to set up India’s largest greenfield steel plant. It will be an 8.2 MTPA unit at Anakapalli, Andhra Pradesh, with a ₹80,000 crore investment. Capacity to rise to 24 MTPA, making it one of Asia’s biggest integrated steel complexes.…
🇮🇳🤝🇯🇵 AM/NS begins ₹70,000 cr Andhra steel plant (8.2 mt phase-1) near Vizag port, with land secured in ~2.5 months. Scale + speed signal execution tailwinds; coastal siting tightens logistics and anchors capacity shift toward east/south demand corridors. #MakeInIndia
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Net direct taxes at ₹22.8L cr (+7.2% YoY) vs ₹24.84L cr RE; gap ₹2.04L cr as of Mar 17. Corporate advance tax +9.5% to ₹8.29L cr drives growth, while non-corporate lags (-1.8%). Mix shift toward corporate profits is evident; final tally hinges on March filings. #Economy
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🇪🇪⚡🇷🇺 Estonia says Russian AF Su-30 Aircraft violated it's Airspace.
NATO Scramble Jets in response
#InternationalNews
NATO Scramble Jets in response
#InternationalNews
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🇮🇱⚔️ 🇮🇷 Israeli PM Netanyahu:
"A revolution cannot be initiated from the air, but there must be an element on the ground. There are many options regarding this, which I will not disclose."
#InternationalNews
"A revolution cannot be initiated from the air, but there must be an element on the ground. There are many options regarding this, which I will not disclose."
#InternationalNews
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~1 mt imports and 5.5 mt stocks cover urea demand till May; LNG supply cuts (~40%) are hitting domestic output, prompting spot gas buys. Fresh import tenders likely for June as kharif demand peaks, keeping supply tightly linked to gas availability. #Agriculture
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India to invite bids for ₹7,280 cr rare earth magnet scheme to build 6,000 MTPA domestic capacity. With near-total import dependence today, the push targets supply-chain control in EVs, defence and electronics via localised, end-to-end manufacturing. #Mining #aatmarnirbharbharat
https://t.co/QpoLcP9WOR
https://t.co/QpoLcP9WOR
The Economic Times
India to invite bids for Rs 7,280 crore rare earth magnet manufacturing scheme on March 20
India is gearing up to revolutionise its rare earth magnet production landscape. A new manufacturing scheme will soon be announced, inviting competitive bids to propel the output to an impressive 6,000 million tonnes annually. This strategic move will not…
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Russia issued 72,000 work permits to Indians in 2024 (≈⅓ of foreign hires) as war-driven labour shortages lift wages ($3/hr vs ~$1.5 in Gulf). India’s migrant flows are diversifying beyond GCC, driven by pay arbitrage despite elevated geopolitical risk. #Jobs #ForeignAffairs
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AIESL plans ₹200–300 cr MRO expansion at Jewar/Navi Mumbai as India’s $1.7B market heads to $4B by 2031. With ~90% maintenance outsourced, domestic capacity build-out targets cost leakage and turnaround times amid rising aircraft orders. #Aviation
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GST cuts lifted entry-car demand: Maruti’s first-time buyer share rose to 48% (from ~41–42% pre-cut), Hyundai to 41.8%. Sub-4m cars at 18% GST saw 24% sales growth, with 51% of new buyers upgrading from two-wheelers—affordability is driving market expansion. #automobile #Economy
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"Massive investment in AI contributed basically zero to US economic growth last year," per Goldman Sachs
Dangerous statement if you dive deep. Here is what happened:
Companies spent $450 billion on AI last year.. fired tens of thousands of people to "restructure around AI".. replaced entire departments with chatbots..
And Goldman Sachs just said it contributed basically zero to economic growth..
so where did the money go?
> It went to Nvidia.. $130 billion in GPU sales.. Jensen is the only man on earth who got rich from AI that hasn't produced anything yet..
> It went to stock buybacks. companies fired people, cut costs, reported "record profits" and bought back their own shares.. the money went UP not OUT.
> It went to a bubble.. the same way crypto money went to Lamborghinis and not infrastructure.. AI money is going to valuations and not productivity..
here's the part that should terrify you..
They already fired the people.. Atlassian 1,600.. Meta 21,000.. Block 40%.. Amazon warehouses..the jobs are already gone..
But the growth didn't come. The productivity didn't come. The revenue didn't come.
They burned the village to build a city that doesn't exist yet.
And Goldman Sachs just looked at the empty lot and said "there's nothing here"
#Opinion
Dangerous statement if you dive deep. Here is what happened:
Companies spent $450 billion on AI last year.. fired tens of thousands of people to "restructure around AI".. replaced entire departments with chatbots..
And Goldman Sachs just said it contributed basically zero to economic growth..
so where did the money go?
> It went to Nvidia.. $130 billion in GPU sales.. Jensen is the only man on earth who got rich from AI that hasn't produced anything yet..
> It went to stock buybacks. companies fired people, cut costs, reported "record profits" and bought back their own shares.. the money went UP not OUT.
> It went to a bubble.. the same way crypto money went to Lamborghinis and not infrastructure.. AI money is going to valuations and not productivity..
here's the part that should terrify you..
They already fired the people.. Atlassian 1,600.. Meta 21,000.. Block 40%.. Amazon warehouses..the jobs are already gone..
But the growth didn't come. The productivity didn't come. The revenue didn't come.
They burned the village to build a city that doesn't exist yet.
And Goldman Sachs just looked at the empty lot and said "there's nothing here"
#Opinion
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Indian Development News 🇮🇳
"Massive investment in AI contributed basically zero to US economic growth last year," per Goldman Sachs Dangerous statement if you dive deep. Here is what happened: Companies spent $450 billion on AI last year.. fired tens of thousands of people to "restructure…
JUST IN: Meta announces they'll be shutting down the Metaverse, after pouring $80,000,000,000.00 into the project.
It's absolute FREAK SHOW going on !!!
#tech #economy
It's absolute FREAK SHOW going on !!!
#tech #economy
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Netanyahu: "Jesus Christ has no advantage over Genghis Khan. Because if you are strong enough, ruthless enough, powerful enough, evil will overcome good."
#geopolitics #war
#geopolitics #war
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Indian Development News 🇮🇳
Netanyahu: "Jesus Christ has no advantage over Genghis Khan. Because if you are strong enough, ruthless enough, powerful enough, evil will overcome good." #geopolitics #war
Many people will find the Netanyahu's remarks above shocking but those who know they know.
This is the source. 416 BC. History of the Peloponnesian War, where Athenian invaders argue that power, not justice, dictates international relations. It's known as Melian dialogue.
Athenian envoys gave an ultimatum to the neutral, smaller island of Melos to surrender and pay tribute, or be destroyed.
It signifies that in political reality, moral considerations do not limit powerful nations, while weaker nations are forced to endure the consequences. This is what drives international geopolitics, called "Realism"
#geopolitics
This is the source. 416 BC. History of the Peloponnesian War, where Athenian invaders argue that power, not justice, dictates international relations. It's known as Melian dialogue.
Athenian envoys gave an ultimatum to the neutral, smaller island of Melos to surrender and pay tribute, or be destroyed.
It signifies that in political reality, moral considerations do not limit powerful nations, while weaker nations are forced to endure the consequences. This is what drives international geopolitics, called "Realism"
#geopolitics
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Canada’s national police chief says there is currently no evidence of India-linked transnational repression in the country. The RCMP commissioner had earlier stated in 2024 that agents of the Indian government were involved. #InternationalNews
FTA का चक्कर बाबू भईया।
FTA का चक्कर बाबू भईया।
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🔴 JUST IN: Aviation watchdog DGCA advises airlines to refrain from operating within the 11 affected airspaces in West Asia at all flight levels and altitudes
#Aviation
#Aviation
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"Targeting commercial shipping, endangering crews and impeding safe navigation through" Strait of Hormuz is "unacceptable," Indian Envoy Vikram Doraiswami tells International #Maritime Organization, top UN Maritime body
#Geopolitics
#Geopolitics
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🇧🇭⚡ Satellite imagery confirms that Iranian strikes have hit two military Shelter structures at a MIM-104 Patriot
Surface-to-Air Missile (SAM) site in Bahrain.
Surface-to-Air Missile (SAM) site in Bahrain.
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