IRFC signed a ₹13,527 cr 20-year term loan with L&T Metro Rail Hyderabad to refinance Hyderabad Metro debt.

The move follows Telangana govt’s 100% takeover of L&TMRHL, making it state-owned. Refinancing replaces high-cost NCDs, commercial papers, and loans with cheaper rupee debt, no fees or prepayment penalties.

Backed by state guarantee and RBI debit mandate, it improves financial stability for the 69.2 km, 57-station PPP metro serving 5+ lakh daily riders and supports future expansion.

IRFC CMD Manoj Kumar Dubey said it shows IRFC’s role in long-tenor infra financing and creates a replicable model for urban transit. #Railways
[Source]

Kolkata International Airport Secondary Runway to be expanded, says WB CM Suvendu Adhikari #Policy #Aviation

US and India sign bilateral Critical Minerals Framework - will engage in international efforts to protect sensitive supply chains from coercive market practices and reduce our collective vulnerability to single-source monopolies.

The US is mobilizing more than $30 billion in letters of interest, investments, loans, and other support to protect supply chains.

#Geopolitics

PM Modi will visit Australia very soon, announces Australian FM Penny Wong #ForeignAffairs

Index of Industrial Production (IIP) gets a major overhaul!

Base year updated to 2022-23 (from 2011-12), with the new series launching on June 1.

The basket now includes rare earth minerals, gas supply, water & waste management, and splits electricity into renewable vs non-renewable.

1,042 products mapped to 463 item groups for better representation of today’s industrial structure. #Policy #Economy

Most of India's drone motors come from China.

In 2019, the founders of Vector Technics, Prudhvi Raj & Karna Raj, set out to change that in a 400 sq. ft. Hyderabad office.

Today, Vector Technics is India's largest indigenous drone motor manufacturer, producing 5k motors/month. #Drones #aatmarnirbharbharat

https://youtu.be/TRDK1WZVLA4?si=0W6MDA-qQjjWHlcC

A major international astronomy study led by an Indian scientist has discovered a massive structure of young galaxies in the early universe, naming it after a famous lake in Manipur.

The cosmic structure has been officially named the Loktak Protocluster. It is a primitive galaxy cluster, described by scientists as a "city of galaxies" that is still being built by the forces of gravity.

#Space #Research
https://t.co/nBtMWeGG4O

A 19-year old broke into India's largest high school examination system of 2M+ students a year, the CBSE, and was able to view and CHANGE any students' marks.

He responsibly wrote to the team 3 months ago, and it took them 3 days to fix only one of the issues. Today, they took the entire website down.

This is a absolute embarrassment. The futures and lives of millions rests in the hands of the utterly incompetent. There is also no mass media reporting on the matter.

This 19yo, Nisarga Adhikary, wrote a great piece outlining each vulnerability he reverse engineered:
- the master password leak
- the client-side 2fac / OTP validation workaround
- tokenless access to the entire internal app (dashboard, evaluator details, etc) setting dummy browser values
- changing any password without knowing the old one
- an IDOR vuln allowing you to act as any user and edit exam marks

Nisarga's Twitter acc 👇
https://x.com/ni5arga

#Education #cybersecurity

As Modi Government completes its 12 Years of Governance, here is a Video from Union Minister posting Achievements of the current Government...

But we would like to know our Subscribers opinion on the Report Card of this Government. Do Comments Below their Achievement, Failures and Area of improvement

🇮🇳⚡🇵🇰 India Rejects Pakistan-China Joint Statement on Jammu & Kashmir

"No other country has the locus standi to comment",

"The Union Territories of Jammu & Kashmir and Ladakh have been, are and will always remain integral and inalienable parts of India."

#IndianSubcontinent

WB Govt to shut down Liquor Shops in 1 Km perimeter of Temples, School and Colleges

#Policy

Indian Air force announced Entry for Technical Branch (Office Cadre) by considering GATE Scores #Reforms #Defence

#Opinion #Education