🇺🇸🛢️ U.S. Emergency Oil Reserves Hit 43-Year Low.

The U.S. Strategic Petroleum Reserve has fallen below 300 million barrels for the first time since 1983, reaching roughly 298.7 million barrels.

The reserve has been heavily drawn down amid the ongoing disruption to global oil supplies linked to the conflict involving Iran and restrictions around the Strait of Hormuz.

The latest figures mark the lowest U.S. emergency oil stockpile in more than four decades.

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🇧🇩🇸🇦 Riyadh factory fire: 16 Bangladeshi nationals killed in Saudi Arabia; govt assures support to families.

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A few years ago, if you bought a toy, almost every piece used to be “Made in China.” Today, India has reduced its toy imports from China from $235 million in 2020 to $41 million in 2023. At the same time, India has increased its toy exports from $98 million in 2014 to $335 million in 2022.

Here's what India did for boosting Indian Toy Industry & wiping out China's toys:

•Customs duty on toys increased from 20% → 60% in 2020, and later 70% in 2023.

•Restrictions/testing on imported toys
The BIS enforced strict safety quality standards starting in January 2021.

•Significant support through the Pradhan Mantri Mudra Yojana.
which has now been extended to 20 years. This has provided access to collateral-free loans for small businesses

•18 toy clusters across the country have been supported by the Ministry of MSME.

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🚨🇵🇰 More than 27 civilians have been killed in PAF airstrikes on villages in Surab Valley, Balochistan.

PAF JF-17 fighters dropped at least 7 LS-6 bombs on the villages.

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🇮🇳⚡🇵🇰 West Bengal STF arrested one pakistani national named Rana Rauf. He belongs to Pakistan's Faisalabad.

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🇵🇰 Senior Pakistani Journalist Wajahat S Khan claims that his sources who are three Senior Officers in Pakistani Army have said that they fear Former Pakistan PM Imran Khan is dead inside prison and hence Pakistan Army Chief Asim Munir is hiding him from the entire country.

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🇷🇺🇮🇳 Putin's Final SU - 57 Push to India.

Russia is offering India more than just a fighter jet — reports point to joint production, technology transfer and cooperation that could potentially support India’s future fighter-development ambitions.

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🇮🇳 Mumbai startup Techno Defence has cracked missile cooling tech that only the US, France, and Israel had before.

Their JT Cooler chills infrared missile seekers down to -196°C, killing the internal noise that can make a missile lose track of its target.

Founded by IIT-Bombay alumni Dr Pravin Salinkar and Sudarshan Saraf, with DRDO's Technology Development Fund backing the R&D since 2020.

Trials with DRDO wrapped successfully by 2023-24, and foreign buyers are already circling despite MTCR export restrictions.

Built with a mostly women-led engineering team, using local cottage industry techniques instead of copying foreign designs.

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🇮🇱⚡🇮🇷 Former head of the Israeli intelligence agency "Mossad," Yossi Cohen, at a conference
in Galilee:

"Our people have been inside the 'Fordow' nuclear facility multiple times to study it.

The bombing of that facility by the Americans met expectations.

Uranium enriched to 60 percent is still far from an atomic bomb."

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🇮🇳🏙️ India is building more skyscrapers than anywhere else in the world.

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⚡ The evolution of engineering.

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🇮🇳🇺🇸🇵🇭 “I saw Trump turn his back on an ASEAN leader to focus his attention on Modi,” says ex-Philippines Foreign Minister Teddy Locsin

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🇮🇳 Indian Air Force has issued RFI for 150 next gen trainer aircraft.

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🚨 De-dollarisation: Trade in national currencies delivering encouraging results for India

More MoUs for local-currency trade on the way: RBI Governor Sanjay Malhotra.

Rupee internationalisation continues.

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🇮🇳🇷🇺🇨🇳 China, India, & other countries are discussing with us the use of the Northern Sea Route — Russian President Putin

“Although Russia has always advocated, and now confirms its readiness, for cooperation and the use of the advantages of the Northern Sea Route. Of course, within the framework of the current international maritime law. And those states that want to work with us are showing interest in this, and these are primarily our friends: China, India, and other countries — they are discussing these matters with us.”

The President noted that Russia is ready for joint work with all countries that want to participate in the expansion of global logistics.

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🇮🇳🇨🇳 China says the India-China border situation is “generally stable.”

Beijing says both sides recently agreed to maintain diplomatic and military communication channels and jointly uphold peace and tranquillity along the border.

The statement comes amid questions over increased Chinese military activity near Arunachal Pradesh.

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🇵🇰⚡🇮🇳🇮🇹 Pakistan Navy's Sea Sultan MPA (Embraer Lineage 1000 based) hit by massive delays. No chance of any operational service before 2030, impact even flight testing of MPA not yet begun.

Pakistan is blaming rising India-Italy ties as a major cause behind delay.

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🇮🇳🚂 How much of India’s Railways was developed after 2014?

• 100% of Dedicated Freight Corridors
• 100% of Rapid Rail System
• 100% of Premium Stations
• 97.4% of Bio-Toilets
• 87% of LHB Coach Production Capacity
• 69% of Railway Electrification
• 67% of Railway Safety Budget
• 66% of Locomotive Production Capacity

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🇮🇳🇺🇸 BIG NEWS FOR JIO FINANCE

Bank of America Enters into a Joint Venture Agreement with Jio Financial Services Limited to Acquire up to 49.9% in Jio Credit Limited

Deal worth over Rs 18,000 crores or $2 billion which will be BofA infusion

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