🔹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

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

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

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

🇺🇦⚔️🇷🇺🇮🇷 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

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

India Tops Emerging Market Index in June as Rupee Strengthens, Outpacing China and Vietnam #Economy

India Slashes Hunger by 42%, Boosts Diet Affordability Despite Rising Costs #Food

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

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 !!

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

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

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

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

आप सभी को कारगिल विजय दिवस की हार्दिक शुभकामनाएं। जय हिंद 🇮🇳

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

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

War-driven demand in West Asia offers Indian construction firms a lucrative opportunity. Conflicts and instability push governments to strengthen infrastructure, prompting Indian companies to deploy scale, speed, and expertise to capture industrial projects.

Ion Exchange India: Won a $52.83M deal from Hyundai Engineering to supply advanced water filtration units for a Middle East project.

Kalpataru Projects: Secured ₹2,957 crore in new orders, marking its debut in West Asia’s water infrastructure sector with its maiden project.

L&T: Bagged a massive $992M contract in Kuwait to build crude storage facilities and upgrade oil export infrastructure. #Economy #GeoPolitics

No Talk with Pakistan, other than on Return of Pakistan Occupied Kashmir (POK)

– Defence minister Rajnath Singh

#IndianSubcontinent

DAY 3 schedule for #CWG2026

ANAHAT SINGH IS WORLD JUNIOR CHAMPION 🏆 🇮🇳

Anahat defeated Ruqayya Salem (Egypt 🇪🇬) 3-0 to become the first Indian to win the Junior Squash World Championship 🏆 #Sports