🇮🇷⚡ 🇺🇸 Fars News Agency says Trump speaking a mix of truth and lies.

Trump is misrepresenting the Iran deal terms.

He claimed Iran agreed to open the Strait of Hormuz for free and dismantle its nuclear materials — neither is in the actual text.

The US must immediately unblock $12 billion in Iranian assets before talks can proceed, and a full ceasefire in Lebanon (on Hezbollah's terms) is also required.

The deal is still awaiting final approval in Iran. Informed sources describe Trump's statements as a mix of truth and fabrication — an attempt to claim a premature victory.

#InternationalNews

In an interim arrangement, Def Sec Rajesh Kumar Singh gets additional charge of DRDO after govt deferred appointing a full-time chief for premier defence R&D organisation, despite a sizeable pool of senior scientists heading key missile, aeronautics, electronics & combat systems program. #Defence

Centre to set up four critical mineral value processing plants in Odisha, Gujarat, Telangana, Maharashtra to cut import dependence.

Coal Minister G. Kishan Reddy said critical mineral blocks auctioned for first time since independence; land allotted, state action plans ready.

Plants target #EV , clean #energy, #semiconductors, #defence. Visible progress expected within a year as auctions, infra, global MoUs convert to capacity.
[Source]

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🧵 #Education #Corruption

https://x.com/i/status/2060356865645859314

61 cr per km btw #Infra #Corruption

India's Reusable Energy(RE) investments dropped 65.8% YoY to $3.37B in Q1 2026 from $9.84B in Q1 2025; down 40.5% QoQ from $5.66B. IEEFA cites grid bottlenecks and curtailment risks driving caution.

RE capacity reached 275 GW by Mar 31, 2026 (51% of total). 470 GWh clean power curtailed in Q1 2026; 300 GWh from transmission constraints. Mar 30 losses hit 34 GWh, equal to daily use of 5M urban homes.

India met ~80% of transmission targets over the last 5 years. FY27 ISTS target is 25,146 ckm, but one of four major schemes is already over a year late. Consequently, 20 GW RE capacity faces >4-month connectivity delays in FY27.

Ember identifies the core issue as the mismatch between rapid RE build-out and lagging transmission readiness, necessitating co-optimal generation and grid planning. #Solar #Energy

Reliance Launches First Batch of BIS-Certified HJT Solar Modules from Jamnagar Facility. #Energy #MakeInIndia

Internet has been restored in Iran after 88 days. #InternationalNews

A DGTR report estimates India could save $3 billion annually in foreign exchange by imposing anti-dumping duties on 56 imported products (chemicals, industrial goods, fibres, polymers, feedstock), many sourced cheaply from China.

The study projects ₹28,540 crore in annual savings and notes a ₹11,938 crore economic loss to domestic industry from non-implementation. India has acted on only 59.5% of DGTR recommendations since 2020. The report argues these duties protect manufacturing, reduce import dependence, and impact inflation by only fractions of a basis point. #Economy

Vizhinjam International Seaport crossed 2 million TEUs in just 18 months, becoming the fastest Indian port to reach both the 1 million and 2 million TEU milestones. The port has handled 950+ vessels, including 67 ultra-large container ships, since operations began in 2024.

#Ports
https://t.co/wPH9tlwLZW

Hyderabad-based Dhruva Space is quietly scaling fast.

The company is now building a 280,000 sq ft satellite manufacturing facility in Hyderabad.

Already achieved:

• Launched Thybolt-1 & 2 via ISRO PSLV in 2022
• Completed 15,000+ Earth orbits
• Raised $21M+ funding

Next phase:

500 kg-class satellites, large-scale spacecraft manufacturing and hosted payload missions.

India’s private #space ecosystem is slowly getting very real. #Startups

This video is not from China. It is from the Indian state of Odisha.

A modern apparel manufacturing facility in Khordha with a production capacity of 20 million garments per year, catering primarily to export markets.

#Textile

Centre likely to announce measures within a week to boost foreign capital inflows and support rupee amid $24.28B FPI equity outflow in 2026 so far.

Options on table:
• Cut LTCG tax from 12.5% on listed equity/bonds held 1+ years

• reduce 20% withholding tax on FPI interest from G-Secs.

• curb outward remittances by halving LRS limit from $250,000.

Forex reserves fell $39.6B (5.4%) Feb-May to $688.89B after peaking at $728.49B in Feb. Rupee hit record low near 97 vs USD in May, down 7% in 2026. Govt also weighing curbs on gold imports to save forex. #Economy

𝗥𝗮𝘀𝗵𝗺𝗶 𝗚𝗿𝗼𝘂𝗽 𝗶𝗻𝘃𝗲𝘀𝘁𝘀 ₹𝟯𝟱,𝟬𝟬𝟬 𝗰𝗿𝗼𝗿𝗲 𝗶𝗻𝘁𝗼 𝗕𝗲𝗻𝗴𝗮𝗹!

Bengal-based Rashmi Group announced a fresh investment plan of ₹35,000 crore in West Bengal across the steel, power and mining sectors. Over ₹30,000 crore would be invested to expand its iron and steel manufacturing capacity by an additional 7 million tonnes per annum (MTPA), while another ₹5,000 crore would be spent on operationalising three coal mines acquired in Birbhum and Paschim Bardhaman districts. #MakeInIndia

Dahej, Gujarat: Commercial-scale Electronics/Semis-grade UHP H₂O₂ — 5,000 TPA by GACL; enough for 3–5 fabs.

A critical wet-process chemical for wafer cleaning, etching & photoresist removal, where even p-p-billion/trillion impurities ruin wafer/chip yields. Cuts key dependence on Ko, Ta & JP. Adds PSU-backed domestic capacity aligned with ISM timelines. #semiconductor #MakeInIndia