The Defence Procurement Board is set to approve India's ₹80,000 crore next-gen destroyer programme, featuring ~10,000-tonne P-18 warships with nearly 100% indigenous content. #Defence #Aatmarnirbharbharat

Vizhinjam Port to Cut Europe Shipping Time by 18 Days as EXIM Operations Start Aug 18

👉 Vizhinjam International Seaport received CBIC approval to begin full export-import operations on Aug 18, 2026.

👉 Direct EXIM services will reduce freight time and costs: textile shipments to Europe, currently ~40 days via Chennai/Colombo, will take 25-26 days.

👉 The facility handled 2 million TEUs in 18 months and will initially process only Direct Port Delivery FCL containers. #Ports

Source

PM CARES Fund Balance Rises To Record Rs 8,452 Crore As Bulk Of Corpus Moved To Fixed Deposits, Bringing More Earnings

Audited Statements of PM CARES Fund of Last Three Financial Years Now Made Public.

#Policy

JPMorgan warns a massive global food supply crisis could begin next year as fertilizer shortages tighten agricultural supply.

Probably this is the reason why Modi govt is buying Urea like crazy from different sources mentioned in the pic.
(Despite it increasing our import bill in short term).

Govt has sensed what is coming and is preparing accordingly for it. A shockwave is coming !!!

#Policy

PopVax is one of India’s most important biotech startups.

They're developing vaccines to fight Hep C, Strep A, TB, influenza, HPV, and malaria, as well as cancer immunotherapies against tumours like liver/pancreatic cancer. Their RNA foundry is in Hyderabad.

#atmanirbharta #health #tech

Mumbai might lose 35% of Voters after SIR; although Final Figures are awaited #Policy

4 Union ministers to be in Singapore for key ministerial meet, including EAM S. Jaishankar #ForeignAffairs

🇮🇳🇷🇺 India is planning to send cargo ships along the Northern Sea Route from next year, according to  Shri Venkatesapathy, the Indian Shipping Ministry joint secretary.

For India, the Arctic route can save up to 40% in distance and about two weeks in travel time to most European ports. #Economy #Ports #Trade

🔗 Economic times

Jyoti CNC Automation gets ₹1,020.65 Cr govt-backed nod to expand Rajkot facility, manufacture CNC controllers, motor drivers & precision motors locally, with incentives up to 25% and major boost in skilled jobs. #Electronic #Jobs

KABIL targets Argentina lithium production by 2030-31 following feasibility for its ₹200 crore deal on 5 Catamarca blocks. The firm is also scouting lithium and rare earth projects in Australia, Brazil, Canada, Russia, and Malawi to secure critical mineral supply. #Mining

Source

🇮🇱⚔️🇸🇾 Multiple Israeli Airstrikes on Abu al-Duhur Airbase, NW Syria

The Base is located 70 KM from the Turkish border and new structures have been built on the base for a possible future Turkish Deployment.

#InternationalNews

Army Chief General Dhiraj Seth mets Nepali PM Balendra Shah.

General Dhiraj Seth has been conferred as the Honorary General of the Nepali Army as per long term traditional Norms between the two armies

#IndianSubcontinent

🇸🇦⚔️🇾🇪 Houthis targeted the Aramco refinery in Jazan, Saudi Arabia, with drones earlier today, in response to airspace violations – Houthi Statement

🇦🇪 Missile Attack on Dubai,UAE

CJP says Government of India is not withdrawing FIRs filed against Protestors.

Threatens for further actions if commitment not honoured.

Mumbai-based Voltas to Set Up JV with Atomberg for AC Compressors

👉🏻 Voltas signed a binding term sheet with Atomberg to form a JV for high-efficiency AC compressors and related parts.

👉🏻 A new 2.8 million unit capacity plant in Chennai will serve Voltas as anchor customer and supply other AC makers too.

👉🏻 The move aims to secure supply chain and boost indigenisation, as Voltas saw 45% YoY room AC volume growth in June quarter. #MakeinIndia