The European Commission proposed adding 2 Indian ship recycling yards to its approved list for the first time. The move would end a 10-year exclusion of Indian facilities, allowing EU-flagged ships to be recycled at compliant yards in Alang, subject to final EU approval. #shipbuilding
Source
Source
Splash247
EU moves to approve first Indian ship recycling yards - Splash247
The European Commission has proposed adding two Indian facilities to its approved ship recycling list, potentially ending a decade-long exclusion of South Asian yards from the European regime. The move would mark the first time that recycling facilities in…
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Indian Development News 🇮🇳
🇮🇳🤝🇳🇵India, Nepal Ink Deal to Boost Rail Trade Connectivity Both countries interchanged the Letter of Exchange (LoE) Amending the Protocol to the Treaty of Transit This will facilitate the movement of Rail-based freight between Jogbani (India) and Biratnagar…
🇮🇳🛤️🇳🇵India launched the first direct rail cargo service from Kolkata Port to Biratnagar in Nepal. The inaugural train carried 40 containers of canola grain, with the corridor designed to handle up to 45 containers per train, reducing transit time and logistics costs for Nepal. #Railways #ForeignAffairs
Source
Source
Wion
Major boost for Nepal as India launches direct rail cargo service
A 40-wagon freight train carrying canola has completed the first direct commercial journey from Kolkata Port to Nepal’s Biratnagar Customs Yard, marking the operationalisation of revised India-Nepal rail transit rules and a major step towards reducing logistics…
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Uttar Pradesh now manufactures 65% of India's mobile phones and has attracted over ₹60,000 crore in electronics and semiconductor investments. The state also accounts for 55% of domestic electronics component manufacturing, expanding India's electronics supply chain. #MakeInIndia #Tech
https://t.co/NGlAwVXO08
https://t.co/NGlAwVXO08
Fortune India
Uttar Pradesh makes 65% of India's mobile phones, attracts over ₹60,000 crore in electronics, semiconductor investments
Uttar Pradesh has become India’s largest electronics manufacturing hub, producing 65% of the country’s mobile phones and attracting over ₹60,000 crore in electronics and semiconductor investments. Discover how Noida-Greater Noida, global smartphone brands…
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Indian Development News 🇮🇳
HCLTech secured a $1.14 billion AI-led contract from Mercedes-Benz for an initial term from July 2026 to December 2031. The deal is expected to generate about $228 million annually and covers AI-driven digital workplace and enterprise network operations. #IT
HCLTech will invest $1.48 billion (₹14,257 crore) to set up its first AI data center in Odisha’s Sovereign AI Park and launch a 5,000-seat Global Technology Center in Bhubaneswar by 2028, partnering with Sarvam AI and supported by the state government, marking a major step in India’s push toward sovereign AI infrastructure and positioning HCLTech as a key player in the country’s growing AI ecosystem. #Ai
ET
ET
The Economic Times
HCLTech to invest $1.48 billion in AI data center, open 5,000-seat tech hub - The Economic Times
HCLTech will invest $1.48 billion to set up its first AI data centre in Odisha with Sarvam AI, as Indian IT firms expand into AI infrastructure. The Bhubaneswar project will offer full-stack AI solutions, while HCLTech will also open a technology centre employing…
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🔹Reserve Bank of India simplified NRI investments with a single repatriable rupee account from June 2026
🔹Investment limits for overseas individuals doubled to 10%, combined ceiling raised to 24% in listed firms
🔹Broader overseas investors now eligible, including individuals resident outside India beyond NRIs and OCIs #Economy #Policy
Source
🔹Investment limits for overseas individuals doubled to 10%, combined ceiling raised to 24% in listed firms
🔹Broader overseas investors now eligible, including individuals resident outside India beyond NRIs and OCIs #Economy #Policy
Source
www.ndtv.com
RBI Eases Investment Norms For NRIs: How Will It Impact Indian Economy
Under the revised rules, one account can now be used for investment, redemption and repatriation, funded either through inward remittances.
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Singapore’s Temasek plans to invest ∼$10 billion in India over the next 3 years, with scope to exceed that if opportunities arise, reaffirming long-term conviction despite its India exposure dipping to ∼$42B in FY26 after a Schneider Electric exit.
The fund will focus on consumer, technology, financial services and healthcare which make up 90% of its India portfolio, and bets on India’s consumption growth, organised retail, and sectors like renewables and aerospace. #Economy
The fund will focus on consumer, technology, financial services and healthcare which make up 90% of its India portfolio, and bets on India’s consumption growth, organised retail, and sectors like renewables and aerospace. #Economy
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HAL and Safran Aircraft Engines signed a long-term deal for HAL to manufacture and supply superalloy turbine ring forgings for the CFM LEAP engine programme at its Bengaluru facility. The agreement expands HAL’s role in global civil aerospace and comes alongside a new Bengaluru JV with Safran to develop helicopter engines for India’s future 13-tonne IMRH. #Avation #MakeinIndia
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Zen Technologies secured a ₹177.5 crore defence contract to upgrade and integrate T-90 tank driving and crew gunnery simulators. It’s India’s first integrated T-90 crew training platform, allowing drivers and gunners to train together in one immersive virtual setup to boost teamwork and operational readiness. #Defence
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🇺🇦⚔️🇷🇺🇮🇷 Major Escalation
We have attacked several ships in the Caspian Sea that were carrying military goods and had links with Iran
– Ukrainian President Zelenskyy
#InternationalNews
We have attacked several ships in the Caspian Sea that were carrying military goods and had links with Iran
– Ukrainian President Zelenskyy
#InternationalNews
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India's nuclear fusion startups urged NITI Aayog for a separate regulatory framework. Current atomic energy laws treat them like high-risk fission reactors, despite fusion having no meltdown risk or long-lived waste. They seek a distinct legal category, risk-based safety norms, no 1km exclusion zones, and easier access to fusion materials for energy security and growth. Funding: $6.8M domestically vs $1.18B in the US. #Nuclear
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India Tops Emerging Market Index in June as Rupee Strengthens, Outpacing China and Vietnam #Economy
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During India’s 8th WTO Trade Policy Review in Geneva, several WTO members questioned India’s Quality Control Orders, PLI scheme, import substitution policies and tariff changes over concerns about market access and trade predictability.
India defended the measures as aimed at legitimate public policy goals and reaffirmed commitment to WTO-consistent trade, while clarifying the objectives, eligibility and consistency of PLI and other programs after receiving 1,094 written questions from 44 members. #Policy #Geopolitics
India defended the measures as aimed at legitimate public policy goals and reaffirmed commitment to WTO-consistent trade, while clarifying the objectives, eligibility and consistency of PLI and other programs after receiving 1,094 written questions from 44 members. #Policy #Geopolitics
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Indian Development News 🇮🇳
"Don't waste our time," CJI Surya Kant on plea against Police action on student protesters during CJP march. "We are not interested in videos, we don't have time to watch," CJI tells lawyer who said there are videos showing police atrocities. #Judiciary
CJI Surya Kant clarified in open court that media reports claiming he refused to urgently list a petition on protests led by the "Cockroach Janta Party" in Delhi were "completely false." He said no writ petition was filed, only a letter representation was mentioned, and after checking with the registry confirmed "not a paper was filed," criticizing the media for reckless and irresponsible reporting. #Misinformation #Judiciary
Note: The media is really messing with the Republic. if Govt starts a strict policy against it then they start crying harder !!
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The Supreme Court will hear two petitions on Monday regarding excessive police force against students protesting nationwide exam leaks. Senior Advocate Gopal Sankaranarayanan informed CJI Surya Kant's bench that the petitions are properly constituted with diary numbers and include states as parties, addressing violence during the protests. #Judiciary
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US imposed 10% Section 301 tariff on India and 16 other countries to combat forced labor, reduced from proposed 12.5% after India banned such imports in June 2026. Trump cited enforcement incentives. USTR announced duties for 60 countries, exempting raw materials and goods lacking US supply. #Economy #Geopolitics
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Nearly four months into the 2026-27 school year in MP government schools (Classes 1-8), 8.15 lakh students have no textbooks and 26.18 lakh have only partial sets, leaving 34.33 lakh lacking complete books. Education Portal 3.0 data from July 17 shows poor distribution in 44 of 53 districts, with Rewa, Mauganj, and Maihar worst hit. The state report notes 99% of textbooks dispatched, yet block-level delivery remains weak. #Education
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Pace Digitek has established an energy storage R&D centre in Pune in collaboration with IISER Pune, focusing on advanced battery research including lithium-ion and sodium-ion technologies, with the goal of strengthening India’s indigenous energy ecosystem, improving supply chain resilience, and supporting the country’s push for self-reliance in renewable energy and electric mobility. #Tech #Batteries
ET
ET
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Indian Development News 🇮🇳
Raghu Vamsi Machine Tools signs MoU with APEDB to set up a ₹500 crore Aerospace & Defence manufacturing facility in Andhra Pradesh. The 100-acre project will focus on micro turbojet engines, UAV manufacturing & testing, creating 1,000 direct and 2,000 indirect…
Raghu Vamsi Aerospace is investing ₹600 crore in a 50-acre superalloy facility in Telangana, targeting commercial production in January 2028. The plant will manufacture nickel-based superalloys for aerospace, space, defence, gas turbines, oil & gas, nuclear energy, and medical implants, reducing import reliance and supporting domestic needs. #Avation #MakeinIndia
🔗 The Hindu
🔗 The Hindu
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From March to May 2026, India settled ₹1.38 lakh crore ($15 billion) in imports via rupees, representing roughly 7.1% of total merchandise trade, driven by Russian crude purchases and reducing dollar demand amid geopolitical shifts. #Economy
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