Indian Development News ๐Ÿ‡ฎ๐Ÿ‡ณ
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๐Ÿ‡บ๐Ÿ‡ธโšก๐Ÿ‡ท๐Ÿ‡บ๐Ÿ‡ฎ๐Ÿ‡ณ๐Ÿ‡จ๐Ÿ‡ณ US Senate has advanced a Russia sanctions bill 86-12, that imposes sanctions up to 100% on countries like India, China for importing Russian #Energy

#Geopolitics
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Indian Development News ๐Ÿ‡ฎ๐Ÿ‡ณ
Rajya Sabha Adjourned till 2 PM due to ruckus by Opposition #Parliament
Rahul Gandhi is showing frustration in Parliament after using unparliamentary words that he is not allowed to speak after wasting 7 days of #Parliament times by Opposition MPs.

Acting like a Kid who beats his bigger Opposition and then cries when the other side retaliates.
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Andhra Pradesh government signed an MoU with AstraZeneca India to establish an Integrated Genomics Solution Centre in Amaravati for precision oncology, focusing on genetic sequencing and biomarker testing for lung and breast cancer.

In collaboration with Reliance-backed Strand Life Sciences and Qure.ai, the centre will utilize NGS, AI, and AI-enabled X-ray screening in government hospitals, integrated with Amaravatiโ€™s Quantum Valley framework.

CM Naidu emphasized digitizing citizen health profiles under Project Sanjeevani to expand research to other diseases. #Health
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Indian Development News ๐Ÿ‡ฎ๐Ÿ‡ณ
Bills slated in Lok Sabha today for consideration and passing: 1. The Public Examinations (Prevention of Unfair Means) Amendment Bill, 2026 2. The Supreme Court (Number of Judges) Amendment Bill, 2026 3. The Registration of Births and Deaths (Amendment)โ€ฆ
Bill slated in Rajya Sabha today for consideration and passing:

The Prevention of Insults to National Honours (Amendment) Bill, 2026 โ€“ The bill aims to make the National Song 'Vande Mataram' disrespect a punishable offence at par with National Anthem 'Jana Gana Mana'

#Policy
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Indian Development News ๐Ÿ‡ฎ๐Ÿ‡ณ
Indians reporting โ‚น100 crore+ income in ITRs rose 4-fold in 5 years: from 142 in AY 2021-22 to 576 in AY 2025-26, surpassing 500 for the first time per Finance Ministry data. MoS Finance Pankaj Chaudhary noted no statutory definition of โ€œbillionaireโ€ existsโ€ฆ
Fake GST tax credit claims hit โ‚น74,782 crore in FY26, up 27% from โ‚น58,773 crore in FY25 and over double FY24's โ‚น36,373 crore. Cases more than doubled to 30,162. The finance ministry identified fraud in iron & steel, textiles, real estate, and manpower supply, attributing the rise to increased evasion and stronger enforcement via data analytics, e-invoicing, and GSTN's real-time ITC anomaly flagging. #Economy
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To reduce urea dependence, India approved agricultural use of anhydrous ammonia (min 82% nitrogen) for 3 years, potentially becoming the 4th country after the US, Canada, and Australia. The move utilizes surplus urea plant and green ammonia, with trials at 13 ICAR institutes. Scaling requires โ‚น13,000โ€“15,000 crore for infrastructure to manage gas leak risks and non-uniform growth. #Policy #Agriculture
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Govt identified 40 Indian cities for hub-and-spoke travel via Delhi, Mumbai, and Bengaluru. Passengers clear immigration and check-in at origins, flying direct from hubs with airside baggage transfer. Air India already operates this from Varanasi and Amritsar to 27 destinations; Patna, Kochi, Vadodara, Lucknow, and Visakhapatnam are next. Goal: ease travel, boost demand, and compete with Dubai, Doha, and Singapore. #Aviation
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India has overtaken China to become the world's second-largest seafarer supplier, with 311,936 professionals (12.16% of the global workforce) per the BIMCO-ICS Seafarer Workforce Report 2026, trailing only the Philippines. Rising from a 5.2% share and 5th rank in 2015, this reflects improved maritime education, training, and policy reforms. The government launched 'Mission 20%' to achieve a 20% share under the Maritime India Vision 2030 and Maritime Amrit Kaal Vision 2047. #Jobs #Economy
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Lok Sabha passes 'The Public Examinations (Prevention of Unfair Means) Amendment Bill, 2026'

House Adjourned till 11 AM, Tomorrow #Parliament
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Gujarat launched a five-year Shipbuilding and Repair Policy 2026 targeting โ‚น27,000 crore in investments, featuring a mega greenfield cluster at Kuchhadi, Porbandar.

The project anticipates โ‚น23,700 crore in private investment and โ‚น3,300 crore from the Centre and state for infrastructure, with 50-year waterfront concessions. Incentives include 10% capital assistance up to โ‚น100 crore, 100% stamp duty reimbursement, and extended leases to establish Gujarat as India's leading shipbuilding hub. #Ports
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DAY 6 Schedule for #CWG2026
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Indian Development News ๐Ÿ‡ฎ๐Ÿ‡ณ
Auto component maker Sona BLW Precision Forgings on Tuesday said it has inked a technology licensing agreement with the UK-based Equipmake for production of electric vehicle components. Equipmake will license certain patented spoke motor and inverter technologyโ€ฆ
Sona Comstar plans a โ‚น500-600 crore FY26 investment under its "Sona Comstar 2.0" strategy for tenfold growth in robotics, physical AI, and intelligent mobility. โ‚น100-150 crore targets the new robotics/AI business. With a โ‚น24,000 crore order book. expect FY27 growth targets exceed 25% annually, driven by India's EV market and reduced legacy driveline dependence. #Tech
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CRPF Director General Gyanedra Pratap Singh at CRPF Investiture Ceremony

"As the Director General of the CRPF, I want to assure each one of you that whether it is an operational battalion or a law-and-order unit, whatever decisions you take and whatever actions you carry out in the bona fide discharge of your duties, I take responsibility for all those decisions and actions. Continue to perform your duties fearlessly. Wherever responsibility or accountability needs to be taken, I will take it as the Director General."


#Policy
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๐Ÿ‡ช๐Ÿ‡ฌโšก A US owned, Marshall Islands-flagged LNG floating storage facility was reportedly struck by at least one drone while at Damietta Port, Egypt.

Damietta Port is located in the Mediterranean Sea. No Group has taken responsibility

#InternationalNews
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Indian Development News ๐Ÿ‡ฎ๐Ÿ‡ณ
Saudi Arabia and the U.S. carried out joint airstrikes in several areas of Iraq, in response to attacks against Saudi oil infrastructure. #InternationalNews
๐Ÿ‡ฎ๐Ÿ‡ท๐Ÿ‡ฎ๐Ÿ‡ถ๐Ÿ‡พ๐Ÿ‡ชโš”๏ธ๐Ÿ‡ธ๐Ÿ‡ฆ๐Ÿ‡บ๐Ÿ‡ธ The Islamic Resistance in Iraq (Pro Iran Militias) have threatened to attack US Assets in the Region after last night's attack on Popular Mobilization Front (PMF) locations.

While the Houthis in Yemen might join the Pro Iranian Militia in its attack when it happens.

Iraqi Prime Minister has cancelled his visit to Saudi Arabia which was due to happen Tomorrow, calling it a balanrt Violation of Iraq's Sovereignty and International Law.

US also might strike Iran soon after Iran attacked the US base in Jordan last night.

#InternationalNews
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The U.S. sanctioned two Iranian companies accused of forcing ships to pay for safe passage through the Strait of Hormuz.

Washington called the fees extortion and also targeted eight firms linked to Iran's shadow oil fleet, aiming to weaken Tehran's control over the strategic waterway as U.S.-Iran tensions escalate.

Source: Bloomberg



#Internationalnews
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