EAM S. Jaishankar holds talks with Foreign Ministers of Greece & Egypt #ForeignAffairs

India say Panama Flagged Vessel traveling from Odisha to Singapore carrying 20 Chinese, 3 Myanmar natl & 1 Bangladeshi National has gone missing in North Bay of Bengal; 2 crew members recovered.

India Coast guard deploys 3 ships- ICGS Varad, ICGS Anmol & ICGS Vijit for rescue operations.

#Maritime

Pune-based Thrustworks Dynetics has successfully test-fired India’s first Resonance Ignition System, achieving TRL 6.

The system uses shockwaves to trigger ignition, removing the need for an external ignition source, electricity or moving parts. #Avation

Chhattisgarh Clears 45 Mineral Blocks: 35 For Critical Minerals ⛏️

🔹 45 exploration projects cleared for 2026-27
🔹 35 focused on lithium, graphite, rare earths, strategic minerals
🔹 Focus on southern Bastar region
🔹 GSI Raipur to handle 25 projects
🔹 2025-26 added 2,590 MT limestone, 32 MT iron ore
#Mining #Minerals

🔗 Economic times

Govt To Amend Investment Treaty To Woo Global Players 🌍

🔹 Model BIT to cut local remedy wait from 5 yrs to 1 yr
🔹 Definition of investment to shift to asset-based — shares, equity 5 yrs+
🔹 Cabinet note moved by FinMin to amend 2015 model
🔹 Carveouts for subsidies, local govt measures, compulsory licensing
🔹 Push to finalize BITs with UK, EU, Saudi, Qatar
#Policy #Finance

🔗 TOI

DLI-Backed Chip Firms Raise $100M, Clock 35 Tape-Outs 🚀

🔹 DLI startups raise $100M+ VC, 35 tape-outs done
🔹 Chennai's Aheesa hits first-pass success with VIHAAN SoC — broadband chip
🔹 Chips for satellite, drones, defence, auto, IoT, AI, telecom, surveillance
🔹 DLI scheme launched 2022 — ₹1,000 cr outlay under Semicon India.
#Semiconductor

🔗 TOI

RBI Special Schemes Rake In $72.8B Forex Since June 8 Window

🔹 Total inflows $72.8B till Friday via 3 forex programs
🔹 FCNR(B) dominates at $65.39B — targeted at diaspora
🔹 ECBs $2.59B, overseas foreign currency borrowings $4.86B
🔹 Reserves up 7 weeks, $50B since July — $9.9B hike to $716.9B till Aug 14
🔹 Banks added $13B in 1 week via FCNR(B) — window advanced to Aug 31
#Economy #Financials

10 days after both Houses of Parliament were adjourned sine die, the Monsoon session is yet to end formally, giving rise to speculation that the Government wants to pass a key legislation without convening a new session.

Usually #Parliament is Prorogued within 3-4 days after End of a specific Session.

This week in Indian Diplomacy:

- PM Modi's expected Central Asia visit, including Kyrgyzstan for SCO summit 🇺🇿🇰🇬

- EAM Jaishankar in Russia for Inter-Govt Commission meet with 🇷🇺 FM Sergey Lavrov

- NSA Ajit Doval in China for India-China Special Representatives (SR) talks with 🇨🇳 FM Wang Yi

#Geopolitics

Northeast India Looks To Emerge As Space Tech Gateway To Southeast Asia

🔹 Upcoming Space Workshop 2026 in Guwahati will spotlight innovation and collaboration.
🔹 NESAC Umiam driving 130 space projects — border mapping, flood warning, resource management
🔹 ISRO + DoNER push — 800 students/year via SPARKS, agri/disaster apps
🔹 Digital infra push — ₹38,000 cr opportunity, fibre/cloud/AI as gateway to ASEAN
#Space

🔗 Economic times

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Govt Moves To Link Siloed Govt Data For Smarter Policy

🔹 900M+ health accounts, 250M students, 310M e-Shram workers, 90M MSMEs — data exists but not interconnected to each other
🔹 MoSPI-led harmonization — common metadata, quality checks, unique identifiers, cataloguing to make data interoperable
🔹 AI + linked data = connect child nutrition to learning, health to welfare; one entry answers questions across departments
🔹 To become experts in data-driven governance — with DPDP Act safeguards for privacy
#Policy

Govt Plans New PLI For Polysilicon To Cut China Dependence ☀️

🔹 Scheme to cover 10-30 GW capacity — needs ₹25,000 cr investment by 2030
🔹 India 100% dependent on China for polysilicon — key for solar PV
🔹 India has 200+ GW module, 32 GW cell capacity — 80 GW wafer/ingot target by 2028
🔹 Aims integrated chain: polysilicon → ingot → wafer → cell → module
#Policy #Solar

🔗 Mint

Jyoti CNC Automation Ltd launched the NX 6240, a large, heavy-duty double-column vertical machining center (VMC) engineered to replace high-value imported machinery in India. Targeting key sectors like Railways, Defence, Power, and Heavy Engineering.
#MakeinIndia

NSA Ajit Doval to travel to China for SR Talks on 25th August. #Geopolitics

Commerce Minister Piyush Goyal heads a 200-strong business team on a 4-day visit to Tokyo, Nagoya & Osaka.

Focus: Boost trade, investment & cooperation in semiconductors, clean energy, manufacturing & startups.

Japan targets 10 trillion yen investment in India; already 5th-largest FDI source. #Trade #ForeignAffairs

West Bengal Gets Rs 3500 Cr Defence Manufacturing Push

🔹 Five expansion projects by GRSE + Yantra India to boost warship & ordnance output
🔹 GRSE raising capacity from 28 to 32 ships at once, 2 brownfield yards in Bengal + greenfield in Bengal & Gujarat (Rs 3000cr JV)
🔹 Yantra India expanding ammo & system production; part of Atmanirbhar defence ecosystem
🔹 State planning defence industrial park — 200+ parks already, Bengal pitching as defence hub
#Economy #Ports #Defence

🔗 Swarajya

Centre Red-Flagged Revanth Reddy's US Visit Over Plans To Meet JD Vance, Zohran Mamdani #ForeignAffairs

https://share.google/AYSnpE0E0C5laXix2

Intelligence agencies have sounded a high alert in Punjab over a suspected plan by the Shahzad Bhatti network to target military installations in Amritsar.
#Security

Source NDTV

Government has reprimanded Starlink for signing MoUs with states like Maharashtra, Gujarat, Goa, and Meghalaya without a licence, warning them to halt projects until approval is granted; citing security concerns in border regions

The Centre is demanding commitments before authorizing Starlink’s Gen 2 constellation aimed at expanding satellite internet in underserved areas. #Space #Policy

The Centre has granted in-principle approval for the privatisation of 11 Airports Authority of India airports, with the airports to be offered in 5 PPP bundles. #Aviation