Indian Development News 🇮🇳
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Venezuela Gold seized in Bank of England will be transferred to US Treasury.

31 Tonnes of Venezuela Gold ($4 Billion) will be used to fund Humanitarian Aid by US after 2 Twin Earthquake hit Venezuela few months back

#InternationalNews
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🇺🇸🇮🇷 TRUMP DECLARES STRAIT OF HORMUZ AS “NEW U.S. TERRITORY”

American President Donald Trump posted a map on Truth Social labeling the strategic Strait of Hormuz “NEW U.S. TERRITORY.”

Trump previously had said that he was pondering on the notion of declaring the waterway as U.S. territory and it was an “excellent idea,” claiming the U.S. controls it through its naval blockade.


#Internationalnews
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Indian Development News 🇮🇳
🇦🇪 Missile Attack on Dubai,UAE
Following two Iranian Ballistic missiles that prompted warnings in the United Arab Emirates ,the United Arab Emirates Foreign Ministry has announced that all trade, commercial exchanges, and financial transactions with Iran have been halted as a result of recent regional escalations by the country.

The UAE was Iran's second largest trading partner.

#internationalnews
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National Human Rights Commission (NHRC) bench seeks a detailed report from the Punjab Government regarding the non-observance of Independence Day celebrations in government schools across Punjab.
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The Income Tax Department has launched a nationwide verification exercise into suspicious Foreign Remittances. The exercise follows data analysis and ground intelligence indicating significant overseas remittances by entities with little or no reported business activity.

#Policy #NationalSecurity
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Recent neuroscience research and meta-analyses show that heavy consumption of short-form videos like TikTok, Instagram Reels, and YouTube Shorts weakens attention span, memory, and cognitive control by overstimulating reward circuits and reducing activity in brain regions responsible for deep focus. #Health
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Indian Development News 🇮🇳
🇮🇳 Meine Electric has successfully developed a first-of-its-kind Fast Charge Long Discharge (FCLD) iron-air battery. These batteries charge in just 6 hours, and have now cleared external validation from US-based CES (Customized Energy Solutions). #Batteries…
Meine Electric will set up a pilot indigenous iron-air battery at NTPC Simhadri to test long-duration storage.

Unlike lithium-ion, iron-air batteries use iron oxidation-reduction for cheaper, sustainable grid-scale storage.

This project supports India’s push for indigenous long-duration storage to reduce import reliance, stabilize the grid, and aid coal plants in transitioning to renewable support.

#Aatmarnirbharbharat #Tech #Batteries #Power

🔗 BusinessLine
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TN Govt Extends Maternity leave status for third child to 1 Year, same as the first two child for State Government Female Employees #Policy
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Indian Development News 🇮🇳
Global #EV players are turning to India’s Epsilon as they move away from China for battery materials. With a $650M U.S. plant and plans to supply 15 GWh anodes by 2026, Epsilon is emerging as a key ex-China ally in the EV race. #MakeInIndia https://t.co/WHLhDoMiN2
Bengaluru-based Epsilon Backed for Anode Material Project

👉🏻 Epsilon Advanced Materials is setting up a 30,000 TPA synthetic graphite anode plant in Karnataka, part of its ₹9,000 crore battery materials push.

👉🏻 The plant aims for 100% domestic value addition to cut India’s reliance on China, which controls >90% of global anode supply.

👉🏻 Capacity can power 30 GWh of EV battery cells, with commercial rollout targeted for 2027 for LFP and NMC batteries. #MakeinIndia

Source
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Mumbai-based TCPL Packaging to Enter Battery Separator Film Business

👉🏻 TCPL Packaging will invest ₹125 crore to set up lithium-ion battery separator film manufacturing, diversifying beyond cartons and flexible packaging.

👉🏻 Phase 1 will add ∼70M sq m/year capacity, supporting ∼8 GWh of cells, with plans to scale to ∼500M sq m/yr to support 50 GWh long-term.

👉🏻 The move leverages TCPL Innofilms’ film expertise and targets India’s EV battery supply chain, reducing import dependence on China for critical separator components. #Tech #Batteries #MakeinIndia

Source
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Godavari Biorefineries secured a European patent for a novel oral oncology formulation combining anti-cancer compounds with a solubilising agent to enhance solubility and bioavailability.

Targeting breast and prostate cancers, this IP milestone supports the company’s strategic pivot from industrial biorefineries to advanced pharmaceuticals. #Medicine

🔗 BusinessLine
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Indian Development News 🇮🇳
Haldia petrochemicals ltd: HPL to invest Rs 3,000 crore to set up new chemical plants in West Bengal Source 🔗 #MakeinIndia #Economy
Haldia Petrochemicals will open a ₹6,000 crore plant in Haldia on October 14, 2026, featuring India’s first propylene unit with olefin conversion technology and its largest phenol facility, reducing import dependence and boosting industry. #MakeinIndia
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DRDO Invites Pvt Firms as Strategic Weapon Partners

👉🏻 DRDO has floated an EoI under a development-cum-production partner model for private firms to co-develop and manufacture missiles and bomb systems.

👉🏻 At least 2 companies will be selected per project to develop prototypes with DRDO. They’ll get bulk production orders from strategic forces later.

👉🏻 Focus: Weapons like Agni series, future nuclear weapon variants.

👉🏻 Criteria: Turnover/net worth >5% of project value, proven project management, ability for bulk production of 50-100+ units, and defence licences. #Defence
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India won its 600th International Test Match by defeating Sri Lanka by 165 Runs in the Galle Test

Won - 187
Lost - 188
Draw - 224
Tied - 1

#Sports
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Aegis Logistics, India’s largest liquid logistics firm, is in advanced talks to acquire UAE’s Tristar, West Asia’s largest private liquid logistics company, for $1.5 billion.

The deal would expand Aegis’ global footprint to 30+ countries via Tristar’s 2,000+ transport assets, 20+ vessels, and 60+ fuel sites, serving clients including ADNOC and Total. #Economy
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Indian Development News 🇮🇳
Since the beginning of 2021, Daimler India Commercial Vehicles said it has set a record by shipping over 9,000 commercial vehicles crossing new milestone including 45,000 vehicles, 9,000 CKD (completely knocked down) kits, and 200 million parts being exported…
Daimler India to Invest ₹4,000 Cr in Tamil Nadu for BharatBenz

👉🏻 Daimler India Commercial Vehicles signed an MoU with Tamil Nadu govt to invest ₹4,000 cr more, taking total India investment to ₹14,500 cr.

👉🏻 Funds will go to BharatBenz product development, manufacturing, R&D and future tech, creating ∼400 jobs. #Automobile #MakeinIndia

Source
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Semicon India 2026: 500+ Global Exhibitors Head to Delhi This 17–19 Sept 📅

🔹 500+ global exhibitors from 40+ countries
🔹 300+ Indian companies + 9+ states
🔹 Country pavilions: Japan, Korea, Netherlands, Singapore, Malaysia, Sweden
🔹 18,000 sqm expo + 3-day conference
🔹 Hackathons, startup showcases & workforce zone.

Theme: “Building Trusted & Resilient Semiconductor Ecosystems

🔗 Swarajya
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MIDHANI is the first Indian company to secure S400 certification from GE Aerospace, allowing domestic chemical, mechanical, and metallurgical testing of aerospace superalloys.

This eliminates overseas validation, integrates MIDHANI into GE’s global supply chain, and boosts India’s aerospace manufacturing with faster, cost-effective production and export potential. #Avation #MakeinIndia
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Nagaland has been connected to India’s National Gas Grid for the first time through the Dergaon–Dimapur pipeline, supplying about 1.10 lakh SCM/day of natural gas from ONGC’s Jorhat Asset, expected to save imports and add about ₹300 crore annually while boosting clean energy in the Northeast. #Infra #Gas
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