127B mobilised via RBI’s FCNR B swap scheme, massively beating expectations: banks & SBI initially targeted $50B, revised to $70B, but ultimately clocked 2.5× original target. #Economy

India car sales rose 22% to more than 2.05 million units in April–August and are on track to cross 5 million this fiscal, Fada said. Maruti will invest ₹35,000 crore in a 1-million-unit Sanand plant, lifting installed capacity to 2.9 million by FY-end. Top four OEMs target at least 10% FY growth.

#economy #Automobile

DRDO & University of Hyderabad secured patent for next gen solid rocket propellant BAM-H24. 🇮🇳

Its a boron-, hydrogen- & nitrogen-rich energetic compound for use as a solid rocket propellant, fuel additive or burn-rate accelerator.

Its adoption could enhance missile's performance with better range or payload.

#defence #atmanirbharta #tech

🚨Tata Advanced Systems, Pixxel, Agnikul among 13 companies in fray for AssamSat

The Assam government is evaluating proposals from 13 companies, including Tata Advanced Systems, Bharat Electronics Ltd and space tech startups Pixxel and Agnikul Cosmos, for its planned Earth observation satellite system.

According to official records reviewed by Moneycontrol, the companies have been marked "Admitted-Fee/PreQual/Technical/Finance" in the bid-opening records. This indicates that they have cleared the listed stages of the evaluation process.

#space
Source: https://www.moneycontrol.com/technology/tata-advanced-systems-pixxel-agnikul-among-13-companies-in-fray-for-assamsat-article-14020758.html

American Journalist: India’s PM Modi met Iran’s President. It seems they are working on a trade deal

Secretary of State Rubio: I don’t think India and Iran are doing a trade deal. All countries have their own foreign policy and talk to Iran. America has also met with Iranians

#foreignaffairs

Belgium PM Bart De Wever says he wants to give an India gate made up of chocolate but was difficult because it would melt. #Offtopic

Belgium PM Bart De Wever says he is looking forward to welcome PM Modi to his country in December this Year.

The long waited India - EU FTA signing could happen during PM Visit to Belgium which also hosts the EU Headquarters.

#Geopolitics #Trade

India has run a current account deficit in 22 of 23 years. Since 2020 it has absorbed five external shocks - a pandemic, a supply-chain crunch, a European war, a tariff wave and a Gulf war - and the deficit has not once passed 2.4%.

🔹1991: We were about to collapse as a nation at -3.1% CAD.
🔹1997–98 Asian Crisis: CAD remained relatively contained at around 1–1.3% of GDP.
🔹2008 GFC: Despite one of the biggest financial crises in modern history, CAD remained at around 2.6%.
🔹2011–13: Combo of high oil prices, weak exports, strong domestic demand and global turmoil CAD close to 5% of GDP in 2012. One of the reasons why we were part of Fragile 5.
🔹2022: The Ukraine war and energy shock pushed CAD back towards 2–2.4%.
🔹2026: The Hormuz/West Asia crisis has created another major oil and geopolitical shock. Yet in Q1 FY27, India's CAD was only 0.5% of GDP.

Superb Management from current govt. #Economy #Policy

🇮🇷⚔️🇺🇸🇰🇼🇦🇪 Iran attacked Al-Jaber base in Kuwait and Al-Minhad base in the UAE.

India will announce the final details of its Bilateral Trade Agreement (BTA) with the United States only after Washington agrees to offer preferential tariff terms over India's competitors, Commerce and Industry Minister Piyush Goyal said today

"As soon as the US is able to give us the preferential rate in comparison to our competition, we will finalise the BTA and announce the final details," Minister Piyush Goyal said, addressing a national workshop on Leveraging FTAs Outreach program #Trade #ForeignAffairs

India issues a notification reserving airspace for an Indian Air Force Exercise near the southern section of its border with Pakistan

Date: 21 Sep - 07 Oct 2026

EAM S. Jaishankar holds talks with Ukrainian FM Andrii Sybiha in Kyiv. #Geopolitics

Coincidentally after 6 days no Russian Attack on Kyiv Proper reported till now

After Japan, Italy, Netherlands, Indian side cautions Belgium over defence engagement with Pakistan; Gets assurances from Brussels, as India-Belgium firm up defence ties-from training to defence deals. #Defense