Indian Development News 🇮🇳
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MEA condemns attack on Kuwait International Airport. #ForeignAffairs
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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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A #research team in India using a computational approach designed a perovskite solar cell combining a Dion-Jacobson (DJ) 2D layer with a 3D lead-free halide perovskite, a combination that could potentially achieve a power conversion efficiency of 31.16%. …
IIT Guwahati developed hybrid perovskite semiconductor platform for high-efficiency solar cells + neuromorphic computing. Led by Prof Parameswar K Iyer.

Key points:
Solar cells: Used molecular interface engineering with donor-acceptor organic molecules to cut interface losses. Achieved 25.73% power conversion efficiency - among best perovskite solar cells globally.

Neuromorphic computing: Same FA-based perovskite material used for memristor memory devices. 220nm active layer gave stable low-power switching, good endurance, multistate memory - key for low-energy future hardware. #Solar #Semiconductor #Research
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🇮🇳🤝🇬🇧 INDIA-UK JOINT STATEMENT KEY POINTS :- TRADE 1. Both leaders looked forward to the ratification of the India–UK Comprehensive Economic and #Trade Agreement (CETA) as early as possible to realise its benefits. 2. The Prime Ministers welcomed the…
Gujarat Mineral Development Corporation Ltd (GMDC) is set to develop India’s first AI-powered rare earth supply chain observatory in collaboration with the University of Cambridge. The project is structured as a phased two-year programme with an investment of £600,000.

GMDC has entered into a strategic collaboration with the University of Cambridge to establish a dedicated Rare Earth Observatory at GMDC’s International Centre of Excellence in Mining. #Minerals
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The government has appointed 29 prominent individuals to the Board of Trade. This board, led by Commerce and Industry Minister Piyush Goyal ji, will focus on enhancing manufacturing and exports. The nominated members will assist in implementing district export hub initiatives. They will also advise the government on policies to increase export earnings and review sector performance. #Exports #Economy #MakeinIndia #Policy
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The central government contained its FY26 fiscal deficit at the budgeted target of 4.4% of gross domestic product (GDP), despite a downward revision of the GDP size under the new series, through prudent expenditure. #Economy
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Germany-based #semiconductor manufacturer Infineon Technologies on Monday announced that it will set up a Global Capability Centre (GCC) at #Gift City in Gujarat which will employ a total of 400 engineers. #MakeinIndia https://t.co/kHZ8pzBzMK
Infineon to expand India base + R&D. German chipmaker plans to grow India workforce from 2,600 to ∼5,000 by 2030.

Plans:
1. Invest in semiconductor R&D + supply chain.

2. Deepen partnerships: CDIL, Kaynes Semicon, Zenergize for assembly/testing, wide-bandgap chips, solar/EV/clean energy.

3. Work with Indian OEMs, chip designers, startups, incubators.

4. Already supplied raw chips to 2 Indian firms for packaging/selling under their brand. May build own factories later via OSAT route as market matures.

Driver: India’s green energy growth, 500GW non-fossil capacity target by 2030. Semiconductors/power electronics key. #MakeinIndia #Semiconductor
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Cabinet Clears ₹4,415 Cr Madhya Pradesh Highway Project

The CCEA has approved a ₹4,415.60 crore project to upgrade and widen 233.65 km of NH-347B in Madhya Pradesh under the Hybrid Annuity Mode.

• The Route: Upgrades the Hiwarkhedi-Ashapur section (2-lane with paved shoulders) and widens the Deshgaon-Julwaniya section (2 to 4 lanes), bypassing Khargone to fix sharp bends and congestion.

• The Impact: Connects 6 economic, 5 social, and 5 logistics nodes under PM Gati-Shakti—linking tribal areas, thermal plants, and food parks to major airports (Indore/Nagpur) and railway hubs. #Infra
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🇮🇳 💵 India's GDP calculations set for an upgrade as MOSPI sets up panel to revise base year The Ministry of Statistics and Programme Implementation (MoSPI) has formed a 26-member committee led by Biswantah Goldar to update the base year for national accounts…
India will release the new Producer Price Index (PPI) and revised Wholesale Price Index (WPI) on June 15, using 2022-23 as the base year to replace the 2011-12 series. This reform aligns inflation measurement with global standards and tracks cost pass-through.

The WPI basket expands from 697 to 957 items, adding renewable energy sources. New monthly output PPI (goods), input PPI, and quarterly services PPI will be introduced to improve inflation analysis, contract price escalation, and national accounts compilation. #Economy
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Cabinet approves the construction of the new coastal Highway from Rameshwar to Paradeep (Part of Coastal Highway having total length of 163.180 Km in 2 Packages)

#Infra
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Scientists say AI has decoded communication patterns in mice, dolphins, apes, birds, whales, & cuttlefish — could eventually lead to humans communicating directly with animals.

#AI #Tech
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Delhi Fire Services Faces 80% Officer Vacancy Crisis in firefighting department. #Jobs #Policy
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We are working to ensure E85 fuel is priced significantly lower than petrol, says Minister Hardeep Singh Puri.

#Energy
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Under 'Operation Delta Hunt,' the number of illegal Bangladeshi nationals arrested across the state as of 10 AM today stands at 501: Gujarat DyCM Harsh Sanghavi

#Policy #NationalSecurity
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Indian Development News 🇮🇳
https://pib.gov.in/PressReleasePage.aspx?PRID=1752820
MoD + Armed Forces get enhanced financial powers for revenue procurement > Rs 1.25 lakh crore/year under DFPDS-2026, enhanced up to 100% as compared to DFPDS-2021

Goal:
1. Powers for indigenisation + R&D doubled to boost Aatmanirbharta, cut reliance on foreign OEMs.

2. Boosts indigenization with private players, MSMEs, startups.

3. Army/Air Force/Naval commanders’ special powers + urgent ops ceiling up 100%.

4. Financial powers for works projects doubled → faster execution + timely completion.

5. New provisions for Joint Service procurement by Lead Service + new Competent Financial Authorities for decentralization. #Defense
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IKEA opens its largest store in India in Bengaluru, plans to invest Rs 3000 crore IKEA, a well-known Swedish home furniture company, opened its first big box store format in Nagasandra, Bengaluru, its biggest store to date, on June 22. IKEA India expects…
IKEA just launched their first Product Development Centre in Mumbai (India Development Centre).

Key moves:
• Designing 500+ furniture & home products per year for Indian homes + global export.
• Moving from 1980s sourcing model to full value chain (Retail + Supply + now Product Dev).
• 200+ products already launched or in pipeline. #MakeinIndia #Exports
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