Indian Development News 🇮🇳
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India's GDP grew by 1.6% in Q4.
FY20-21 contraction at -7.3% (less reduction than previous estimates, IMF had previously estimated 10.5% reduction).
Indian Navy to get GSAT-7R advanced communications satellite next year.
Will have Ka band trasnponders with possible 'V' band capability too.
Fear of more Balakot like strikes forced Pakistan to drastically curtail support to terrorist groups in Kashmir: US defense analyst.
Coupled with very effective CT ops by Indian security forces, terrorism in Kashmir is at a 31-32 year low.
Yogi Govt Orders Action against Hospitals Who have Arbitrarily Looted Patients and Indulged in Misdeeds during Covid Surge ; License of 10 Hospitals Revoked , FIR on 9
Third $30 billion+ exports month for India in a row

Exports touched $32B in May 2021 — 67% higher than May last year and 8% more than the corresponding period in 2019 — led by a rise in the shipments of engineering goods, oil products and iron ore.

https://t.co/iIlCgHfSKj
Karnataka accounted for 36,790 jobs, or 41% of the total AI jobs , followed by Maharashtra 23% (20,162),Delhi and Tamil Nadu with 7%(or about 6,000).
https://t.co/nzMiMYTcS7
Karnataka amends electric vehicle policy to offer more incentives. Incentives include 15% subsidy on capital expenditure on land value upto 50 acres, production linked subsidy of 1% on company's turnover for five years.
https://t.co/6J5AAIV0X9