Indian Development News 🇮🇳
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According to Bloomberg, RBI may have sold around $12 billion worth of gold in just two weeks to protect rupee.
At the same time, they bought $7.5 billion in foreign currency assets amid rising oil prices and global tensions.

RBI should immediately clarify on the validity of this news.
#Economy #Policy
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One of Eastern India’s largest govt hospital is taking shape in Odisha.

📍 SCB Medical College and Hospital in Cuttack

> ₹4,774 Cr investment
> One of Eastern India’s largest govt funded healthcare infra project
> Will feature a 12-level multiplex car parking, helipad, sports complex and more.

#Infra #Health
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Cabinet approves Scheme for support to NCRPB for replacement of old trucks and buses in Delhi-NCR area #Environment #Automobile
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🇮🇳🤝🇲🇳 #Oil #Infra #ForeignAffairs

Building a refinery from scratch in the middle of the Dornogovi desert means dealing with freezing winters and scorching summers. India's MEIL Group is currently on the ground in , constructing the country's first domestic oil refinery.

The project includes establishing core processing units, a dedicated power plant, and distillation systems. Once active, this facility will process 1.5 million tonnes of crude oil a year, so Mongolia will no longer have to rely entirely on neighbours for its fuel.
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IIT Bombay's researchers led by Prof. Dipanshu Bansal, Dept. of Mechanical Engineering, have successfully generated high-frequency surface acoustic waves up to 16.5 GHz directly in monolithic silicon with record-low signal loss. This demonstration paves the way for integrating ultra-fast 5G/6G filters, advanced biosensors, and quantum processors into the standard #semiconductor chips that power our modern world. By mastering the "geometry of sound" through higher-order modes, the team has bypassed traditional manufacturing hurdles to deliver faster, more scalable technology. #Research

Read more here:https://rnd.iitb.ac.in/unlocking_high_frequency_surface_acoustic_waves_in_silicon

🔗 IIT Bombay (@iitbombay)
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✶ Cabinet approves Price Stabilization Fund for Scheduled Indian Airlines towards ATF pricing

✶ ₹10,000 crore interest-free support to Oil Marketing Companies (OMCs) for ATF price stabilization

✶ Fixed ATF price arrangement to provide greater predictability in fuel costs and reduce exposure to sudden fuel price spikes

#Aviation #Oil #Policy
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🔰Uttar Pradesh’s #exports have crossed ₹2,01,241 crore for the first time in FY 2025-26, breaching the ₹2 lakh crore mark.

This is an increase of ₹15,182 crore compared to the previous year’s exports of ₹1,86,059 crore.

Major export destinations from UP include USA, UK, UAE, Germany and Nepal, indicating a broad and diversified global market reach. #Economy
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Turkish Foreign Minister Hakan Fidan on India-Türkiye relations:

If India is going to be resentful about any country having good relations with Pakistan, there are many such countries.

We have no problem on a bilateral level with India and we urge India not to read the issue from a different perspective.

#ForeignAffairs
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MEA condemns attack on Kuwait International Airport. #ForeignAffairs
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Indian Development News 🇮🇳
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🇰🇼🇮🇷 Kuwait has declared members of the Iranian diplomatic mission Persona Non Grata, and are asked to leave the country immediately. #ForeignAffairs
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