India is expected to withdraw sugar export subsidies from the new season beginning October as a sharp rise in global prices makes it easier for Indian mills to sell the sweetener on the world market, a top government official said on Tuesday.
"The government is not considering any subsidy at the moment for next year," Sudhanshu Pandey, the most senior civil servant at the Ministry of Consumer Affairs, Food and Public Distribution, told Reuters in an interview.
"Under current circumstances, as we see the scenario, there appears to be no need to have the support of the subsidy. If exports can happen on their own, then it's also better for the global market that no subsidy is provided," he said.
*At Current price of Raw sugar of 20 cent /lb or white sugar at $498/MT export without subsidy is viable as such removal of subsidy neutral for companies.*
*International prices are likely to remain firm as sugar year 2021-22 is likely to see 1mnT lower global production as compared to demand*
"The government is not considering any subsidy at the moment for next year," Sudhanshu Pandey, the most senior civil servant at the Ministry of Consumer Affairs, Food and Public Distribution, told Reuters in an interview.
"Under current circumstances, as we see the scenario, there appears to be no need to have the support of the subsidy. If exports can happen on their own, then it's also better for the global market that no subsidy is provided," he said.
*At Current price of Raw sugar of 20 cent /lb or white sugar at $498/MT export without subsidy is viable as such removal of subsidy neutral for companies.*
*International prices are likely to remain firm as sugar year 2021-22 is likely to see 1mnT lower global production as compared to demand*
Bulk Deal as on 17-08-21
Astron Paper
+ 3 Lk @ 65 Harshal Bharat Oswal
+ 3 Lk @ 65 Mahesh Bharat Oswal
+ 3 Lk @ 65 Tushar Bharat Oswal
Aym Syntex
+ 4.70 Lk @ 86.38 Mandawewala Enterprise Ltd
+ 5 Lk @ 86.33 Rrm Family Trust
- 9.70 Lk @ 86.36 Sanaya Tea Pvt Ltd
Greenply Industries
+ 1.15 Crore @ 182.94 Showan Investment
Pvt Ltd
- 1.15 Crors @ 182.94 SM Management Pvt Ltd
Poonawalla Fincorp
- 1.32 Crore @ 180.27 Leapfrog Financial Inclusion India
Astron Paper
+ 3 Lk @ 65 Harshal Bharat Oswal
+ 3 Lk @ 65 Mahesh Bharat Oswal
+ 3 Lk @ 65 Tushar Bharat Oswal
Aym Syntex
+ 4.70 Lk @ 86.38 Mandawewala Enterprise Ltd
+ 5 Lk @ 86.33 Rrm Family Trust
- 9.70 Lk @ 86.36 Sanaya Tea Pvt Ltd
Greenply Industries
+ 1.15 Crore @ 182.94 Showan Investment
Pvt Ltd
- 1.15 Crors @ 182.94 SM Management Pvt Ltd
Poonawalla Fincorp
- 1.32 Crore @ 180.27 Leapfrog Financial Inclusion India
Warburg-Backed MedPlus Seeks SEBI Nod For Rs 1,640 Crore-IPO, Bloomberg Reports
MedPlus Health Services Ltd. has sought the markets regulator’s nod to raise as much as Rs 1,639 crore through an initial public offering, Bloomberg reported. The Hyderabad-based pharmacy chain seeks to raise as much as Rs 600 crore by selling new shares, while its shareholders plan to pare up to Rs 1,039 crore worth of shares, Bloomberg reported citing the company’s draft red herring prospectus filed with the Securities and Exchange Board of India.
The selling shareholders include Lone Furrow Investments Pvt., Premji Invest’s PI Opportunities Fund, and Natco Pharma. In May, Bloomberg had reported that the company was working with Nomura Holdings Inc., Edelweiss Financial Services Ltd. and Axis Capital Ltd. on the potential offering.
The listing could also value the Warburg Pincus-backed startup at about $1 billion (about Rs 7,450 crore). MedPlus, founded in 2006 by Wharton graduate Madhukar Gangadi, runs more than 2,000 pharmacies and general stores across India, as well as an e-commerce unit — MedPlusMart.
It also runs a diagnostics service, an optical lens store and business-to-business medical supplies, according to its website.
MedPlus Health Services Ltd. has sought the markets regulator’s nod to raise as much as Rs 1,639 crore through an initial public offering, Bloomberg reported. The Hyderabad-based pharmacy chain seeks to raise as much as Rs 600 crore by selling new shares, while its shareholders plan to pare up to Rs 1,039 crore worth of shares, Bloomberg reported citing the company’s draft red herring prospectus filed with the Securities and Exchange Board of India.
The selling shareholders include Lone Furrow Investments Pvt., Premji Invest’s PI Opportunities Fund, and Natco Pharma. In May, Bloomberg had reported that the company was working with Nomura Holdings Inc., Edelweiss Financial Services Ltd. and Axis Capital Ltd. on the potential offering.
The listing could also value the Warburg Pincus-backed startup at about $1 billion (about Rs 7,450 crore). MedPlus, founded in 2006 by Wharton graduate Madhukar Gangadi, runs more than 2,000 pharmacies and general stores across India, as well as an e-commerce unit — MedPlusMart.
It also runs a diagnostics service, an optical lens store and business-to-business medical supplies, according to its website.
Sterlite Power Transmission Files For Rs 1,250 Crore India IPO
Sterlite Power Transmission Ltd. may consider a pre-IPO placement of shares for up to 2.2 billion rupees, according to its draft prospectus.
Axis Capital, ICICI Securities and JM Financial are managing the sale
As of March 31, the company’s portfolio included 25 current and sold projects, covering approximately 13,700 circuit kilometers; its 10 completed projects and five ongoing projects in India span 9,246 circuit kilometers with a total capital expenditure of 244.9b rupees, according to the prospectus
The company also holds transmission projects in Brazil
Sterlite Power Transmission Ltd. may consider a pre-IPO placement of shares for up to 2.2 billion rupees, according to its draft prospectus.
Axis Capital, ICICI Securities and JM Financial are managing the sale
As of March 31, the company’s portfolio included 25 current and sold projects, covering approximately 13,700 circuit kilometers; its 10 completed projects and five ongoing projects in India span 9,246 circuit kilometers with a total capital expenditure of 244.9b rupees, according to the prospectus
The company also holds transmission projects in Brazil
Securities in Ban For Trade Date 18-August 2021:
Cadilahc
Canbank
NATIONALALUM
PNB
SAIL
SUNTV
VEDL
*Added - Canbank,VEDL*
*Deleted-IBULLHGFIN,RBLBANK*
Cadilahc
Canbank
NATIONALALUM
PNB
SAIL
SUNTV
VEDL
*Added - Canbank,VEDL*
*Deleted-IBULLHGFIN,RBLBANK*
*ALL I.T. stocks on Historical all time high levels....*
Infy 1748
TCS 3559
LTI 4975
TATA ELXI 4768
MINDTREE 3017
MPHASIS 2820
PERSISTENT 3265
SONATA 886
HCL TECH 1151
TECH MAHI 1428
COFORGE 4948
HAPPSTMIND 1418
MASTEK 2600
BIRLA SOFT 437
KPIT 363
SASKEN 1276
OFSS 4690
ZENSER 461..
Infy 1748
TCS 3559
LTI 4975
TATA ELXI 4768
MINDTREE 3017
MPHASIS 2820
PERSISTENT 3265
SONATA 886
HCL TECH 1151
TECH MAHI 1428
COFORGE 4948
HAPPSTMIND 1418
MASTEK 2600
BIRLA SOFT 437
KPIT 363
SASKEN 1276
OFSS 4690
ZENSER 461..
Dear All,
Nirmal Bang is inviting you to a Zoom webinar.
When: Aug 18, 2021 08:45 AM India
Topic: Morning Market Update
Register in advance for this webinar:
https://us02web.zoom.us/webinar/register/WN_YhHRvKySR0SBepTAmpp2QA
After registering, you will receive a confirmation email containing information about joining the webinar.
Nirmal Bang is inviting you to a Zoom webinar.
When: Aug 18, 2021 08:45 AM India
Topic: Morning Market Update
Register in advance for this webinar:
https://us02web.zoom.us/webinar/register/WN_YhHRvKySR0SBepTAmpp2QA
After registering, you will receive a confirmation email containing information about joining the webinar.
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Welcome! You are invited to join a webinar: Morning Market Update. After registering, you will receive a confirmation email about…
*Business News Headlines* 🇮🇳
*Economic Times*
Ø Sebi drops certain disclosure requirements for promoters upon share acquisition
Ø Religare Broking partners with Vested Finance for accessing global stocks
Ø RBI lifts ban on HDFC Bank issuing credit cards
Ø LIC, EPFO may fund startups
Ø China blue-chips slip as growth outlook falters
Ø NSE-BSE bulk deals: Elara India Opportunities Fund buys stake in Karda Constructions
Ø Tata Motors partners with Bank of Maharashtra for passenger vehicle retail financing scheme
Ø Auto sector fears higher GST rate on certain parts after Supreme Court ruling
Ø Finance Minister Nirmala Sitharaman to meet CEOs of public sector banks on August 25
Ø DGH overhauls approval processes for oil, gas fields
Ø Prudent Capex plan may improve Petronet’s cash flow, dividend
*Business Standard*
Ø Govt revises PLI scheme guidelines for white goods
Ø Ajmera Realty expects Rs 4,000 cr revenue in 3-4 years from 7 projects
Ø Limit credit fund exposure to 10%-15% of portfolio, advise experts
Ø Govt announces RoDTEP rates for exporters; outlay Rs 12,454 cr in FY22
Ø Small finance banks suffer net loss in June quarter as provisions surge
Ø Tariff hike key to sector revival, says Vodafone Idea CEO Ravinder Takkar
Ø Aramco in advanced talks to buy stock worth $25 bn in Reliance
Ø Power ministry circulates draft rules on clean energy, seeks comments
Ø PE/VC investments touch all-time high of $9.5 bn in July
Ø Limit credit fund exposure to 10%-15% of portfolio, advise experts
*Financial Express*
Ø Rice exports from India to take a hit this year
Ø FM Nirmala Sitharaman says rules on retro tax to be framed soon
Ø RBI partially lifts ban on HDFC Bank, allows it to sell new credit cards
Ø Sebi revises format for promoters, promoter group entities’ shareholding disclosure
Ø Intel announces high-performance consumer GPU brand Intel Arc
Ø NBFCs raise record amount via commercial papers to fund IPOs
Ø Sebi drops certain disclosure requirements for promoters upon share acquisition
Ø Sterlite Power Transmission files IPO papers with SEBI; Anil Agarwal-led firm looks to raise Rs 1,250-cr
Ø Sebi fines 11 entities for violations related to dealing in Videocon Industries shares
Ø NBFCs raise record amount via commercial papers to fund IPOs
*Mint*
Ø Govt mulls proposal to bring LLPs, PSBs under CSR ambit
Ø Tata Power Solar gets ₹386 cr Leh project
Ø US growth concerns making Aurobindo’s investors uneasy
Ø Microfinance sector reports 14% sequential drop in loan portfolio in Q1
Ø MedPlus Health Services files DRHP for ₹1,639 cr IPO
Ø Suven Life Sciences announces phase 3 clinical trial of SUVN-502
Ø ONGC looks at acquisitions to achieve 10 GW renewable capacity by 2040
Ø Just Dial shareholders approve Reliance investment in EGM
Ø HAL signs ₹5,375 cr contract with US firm for engines to power Tejas jets
Ø RBI says inflation is on track to meet projections
Ø Cigarette companies are caught between death and taxes
Ø Canara Bank opens ₹2,500 crore QIP; floor price set at ₹155.58 per share
*Economic Times*
Ø Sebi drops certain disclosure requirements for promoters upon share acquisition
Ø Religare Broking partners with Vested Finance for accessing global stocks
Ø RBI lifts ban on HDFC Bank issuing credit cards
Ø LIC, EPFO may fund startups
Ø China blue-chips slip as growth outlook falters
Ø NSE-BSE bulk deals: Elara India Opportunities Fund buys stake in Karda Constructions
Ø Tata Motors partners with Bank of Maharashtra for passenger vehicle retail financing scheme
Ø Auto sector fears higher GST rate on certain parts after Supreme Court ruling
Ø Finance Minister Nirmala Sitharaman to meet CEOs of public sector banks on August 25
Ø DGH overhauls approval processes for oil, gas fields
Ø Prudent Capex plan may improve Petronet’s cash flow, dividend
*Business Standard*
Ø Govt revises PLI scheme guidelines for white goods
Ø Ajmera Realty expects Rs 4,000 cr revenue in 3-4 years from 7 projects
Ø Limit credit fund exposure to 10%-15% of portfolio, advise experts
Ø Govt announces RoDTEP rates for exporters; outlay Rs 12,454 cr in FY22
Ø Small finance banks suffer net loss in June quarter as provisions surge
Ø Tariff hike key to sector revival, says Vodafone Idea CEO Ravinder Takkar
Ø Aramco in advanced talks to buy stock worth $25 bn in Reliance
Ø Power ministry circulates draft rules on clean energy, seeks comments
Ø PE/VC investments touch all-time high of $9.5 bn in July
Ø Limit credit fund exposure to 10%-15% of portfolio, advise experts
*Financial Express*
Ø Rice exports from India to take a hit this year
Ø FM Nirmala Sitharaman says rules on retro tax to be framed soon
Ø RBI partially lifts ban on HDFC Bank, allows it to sell new credit cards
Ø Sebi revises format for promoters, promoter group entities’ shareholding disclosure
Ø Intel announces high-performance consumer GPU brand Intel Arc
Ø NBFCs raise record amount via commercial papers to fund IPOs
Ø Sebi drops certain disclosure requirements for promoters upon share acquisition
Ø Sterlite Power Transmission files IPO papers with SEBI; Anil Agarwal-led firm looks to raise Rs 1,250-cr
Ø Sebi fines 11 entities for violations related to dealing in Videocon Industries shares
Ø NBFCs raise record amount via commercial papers to fund IPOs
*Mint*
Ø Govt mulls proposal to bring LLPs, PSBs under CSR ambit
Ø Tata Power Solar gets ₹386 cr Leh project
Ø US growth concerns making Aurobindo’s investors uneasy
Ø Microfinance sector reports 14% sequential drop in loan portfolio in Q1
Ø MedPlus Health Services files DRHP for ₹1,639 cr IPO
Ø Suven Life Sciences announces phase 3 clinical trial of SUVN-502
Ø ONGC looks at acquisitions to achieve 10 GW renewable capacity by 2040
Ø Just Dial shareholders approve Reliance investment in EGM
Ø HAL signs ₹5,375 cr contract with US firm for engines to power Tejas jets
Ø RBI says inflation is on track to meet projections
Ø Cigarette companies are caught between death and taxes
Ø Canara Bank opens ₹2,500 crore QIP; floor price set at ₹155.58 per share
-CLSA on SunPharma_Live: Maintain Buy, Target at Rs 960/sh
-CLSA on BritanniaIndLtd: Maintain Outperform, Target at Rs 3850/sh
-Morgan Stanley on Bajaj_ltd: Maintain Sell, Target at Rs 3000/sh
Macquarie on HDFC BK
OP, TP Rs 2005
RBI lifts technology ban partially as per media
Market share loss to be regained in our view
Reinforces RBI’s confidence partially; next catalyst is full ban being lifted
BK lost 180bp of market share since Nov’20
-CLSA on BritanniaIndLtd: Maintain Outperform, Target at Rs 3850/sh
-Morgan Stanley on Bajaj_ltd: Maintain Sell, Target at Rs 3000/sh
Macquarie on HDFC BK
OP, TP Rs 2005
RBI lifts technology ban partially as per media
Market share loss to be regained in our view
Reinforces RBI’s confidence partially; next catalyst is full ban being lifted
BK lost 180bp of market share since Nov’20
*Impact on RoDTEP on the metals and mining sector:*
1) *No benefit extended to the steel companies, JSW Steel , JSPL and Tata Steel will be impacted in that order given that contribution of exports is highest in case of JSW Steel.*
2) Zinc – RoDTEP is 2% hence, the MEIS scrips benefit is restored
3) Copper – 0.3%, is a negative vs 2% in previous regime
4) Aluminum – 2.2%, entire benefit increased from 2% earlier
5) Lead - 1.4% vs 2% in earlier regime, negative
Overall, the RoDTEP Scheme is negative to the steel industry as the entire benefit under the MEIS has been withdrawn but the scheme favors non-ferrous metals.
*Stock impact:* Most positive for Hindustan Zinc, followed by Hindalco and Vedanta. Negative for all steel companies in the following order – JSW Steel, JSPL, Tata Steel and SAIL. However, the upgrades / downgrades to the earnings will not be significant.
Fwd!!
1) *No benefit extended to the steel companies, JSW Steel , JSPL and Tata Steel will be impacted in that order given that contribution of exports is highest in case of JSW Steel.*
2) Zinc – RoDTEP is 2% hence, the MEIS scrips benefit is restored
3) Copper – 0.3%, is a negative vs 2% in previous regime
4) Aluminum – 2.2%, entire benefit increased from 2% earlier
5) Lead - 1.4% vs 2% in earlier regime, negative
Overall, the RoDTEP Scheme is negative to the steel industry as the entire benefit under the MEIS has been withdrawn but the scheme favors non-ferrous metals.
*Stock impact:* Most positive for Hindustan Zinc, followed by Hindalco and Vedanta. Negative for all steel companies in the following order – JSW Steel, JSPL, Tata Steel and SAIL. However, the upgrades / downgrades to the earnings will not be significant.
Fwd!!
╭─────────────────╮
🌄 *S̴h̴u̴b̴o̴u̴d̴h̴a̴y̴*
*18 Aug (Wednesday)*🙏🏻
India's 1st Whatsapp News Service, since 2013
╰──────────────────╯
TODAYs TOP NEWS
×××××××××××××××××××××××××××××
1. India’s COVID-19 vaccination coverage has crossed 56 crore mark.
2. *PM Modi chairs meeting of Cabinet Committee on security following events in Afghanistan* : Defence Minister Rajnath Singh, Home Minister Amit Shah, Finance Minister Nirmala Sitharaman, Principal Secretary to PM Dr P K Mishra, National Security Advisor Ajit Doval, Cabinet Secretary Rajiv Gauba, Foreign Secretary Harsh V Shringla attended the meeting.
3. PM Modi on 17 Aug (Tuesday) directed officials to ensure safe evacuation of all Indian citizens from Afghanistan and to provide refuge to Sikhs and Hindus wanting to come to India from there, as he chaired a crucial high-level meeting in the backdrop of the Taliban takeover of the war-torn country
4. Commerce & Industry Minister Piyush Goyal conferred the National Intellectual Property Awards at an virtual event in New Delhi on 17 Aug.
5. Six lakh villages to get internet connectivity by 2024 : Union Minister of State for Skill Development and Entrepreneurship, Rajeev Chandrashekhar said.
6. Vriksharopan Abhiyan – 2021 of Coal Ministry is all set to be Launched on August 19, 2021. It will be launched as part of Azadi Ka Amrit Mahotsav.
7. Himachal Pradesh CM Jai Ram Thakur announced 6% additional dearness allowance (DA) for govt employees & pensioners retrospectively from July 1. This announcement to provide financial benefit of Rs 450 crore to the employees.
8. No Helmet, No Petrol Two-Wheeler Safety Campaign Launched In Maharastra.
9. In West Bengal, Sushmita Dev, who has changed camp from the Congress to Trinamool Congress, refused to elaborate on her reasons for the change, but said she has "No issues with Sonia Gandhi and Rahul Gandhi".
10. Maharashtra reported 10 new cases of the Delta Plus variant. total cases of Delta Plus variant has increased to 76.
11. Shopping malls in Maharashtra on Tuesday decided to close down operations, after the government modified guidelines mandating them to operate with fully-vaccinated staff.
12. Fresh firing escalates tension again on disputed Assam-Mizoram border.
13. *Defence Minister Rajnath Singh flagged-in a climb-a-thon organised by Himalayan Mountaineering Institute, Darjeeling to celebrate Azadi ka Amrit Mahotsav in New Delhi* on 17 Aug.
14. The climb-a-thon was organised at four smaller peaks of Sikkim Himalayas from April 20th to 25th 2021. The climb-a-thon under the leadership of Group Captain Jai Kishan was conducted at Mt Rhenock, Mt Frey, Mt BC Roy and Mt Palung, by a team of 125 mountaineers.
15. Hindustan Aeronautics Limited (HAL), has successfully carried ground tests for making a civilian aircraft named ‘Hindustan-228’ : The public sector undertaking of the Defence Ministry,.
16. Indian Coast Guard inducts 3 indigenously-built advanced light helicopters MK-III.
17. An Indian Army team of three officers and 25 sappers has reached Russia to take part in the Safe Route Competition of International Army Games, scheduled from August 24 to September 4, a defence spokesperson said .
18. ITBP to guard Indian diplomatic staff in Afghanistan till required
An armed contingent of paramilitary force Indo-Tibetan Border Police (ITBP) is "actively" securing the diplomatic staff of the Indian embassy in Afghanistan's capital Kabul and will be there "till required", officials said on Monday as the Taliban took over the country.
To join the Whatsapp group for daily news send request @ 9-4-0-4-8-0-7-5-2-0
https://youtu.be/_fCm5QqV49E
*****************************
✈️ INTERNATIONAL NEWS
××××××××××××××××××××××××××××
1. *United Kingdom expresses willingness for collaborating with India on Green Hydrogen Energy.* India has already retired 16369 MW of inefficient thermal units till March, 2021. India’s ambitious target of having 450 MW of installed Renewable Capacity by 2030.
🌄 *S̴h̴u̴b̴o̴u̴d̴h̴a̴y̴*
*18 Aug (Wednesday)*🙏🏻
India's 1st Whatsapp News Service, since 2013
╰──────────────────╯
TODAYs TOP NEWS
×××××××××××××××××××××××××××××
1. India’s COVID-19 vaccination coverage has crossed 56 crore mark.
2. *PM Modi chairs meeting of Cabinet Committee on security following events in Afghanistan* : Defence Minister Rajnath Singh, Home Minister Amit Shah, Finance Minister Nirmala Sitharaman, Principal Secretary to PM Dr P K Mishra, National Security Advisor Ajit Doval, Cabinet Secretary Rajiv Gauba, Foreign Secretary Harsh V Shringla attended the meeting.
3. PM Modi on 17 Aug (Tuesday) directed officials to ensure safe evacuation of all Indian citizens from Afghanistan and to provide refuge to Sikhs and Hindus wanting to come to India from there, as he chaired a crucial high-level meeting in the backdrop of the Taliban takeover of the war-torn country
4. Commerce & Industry Minister Piyush Goyal conferred the National Intellectual Property Awards at an virtual event in New Delhi on 17 Aug.
5. Six lakh villages to get internet connectivity by 2024 : Union Minister of State for Skill Development and Entrepreneurship, Rajeev Chandrashekhar said.
6. Vriksharopan Abhiyan – 2021 of Coal Ministry is all set to be Launched on August 19, 2021. It will be launched as part of Azadi Ka Amrit Mahotsav.
7. Himachal Pradesh CM Jai Ram Thakur announced 6% additional dearness allowance (DA) for govt employees & pensioners retrospectively from July 1. This announcement to provide financial benefit of Rs 450 crore to the employees.
8. No Helmet, No Petrol Two-Wheeler Safety Campaign Launched In Maharastra.
9. In West Bengal, Sushmita Dev, who has changed camp from the Congress to Trinamool Congress, refused to elaborate on her reasons for the change, but said she has "No issues with Sonia Gandhi and Rahul Gandhi".
10. Maharashtra reported 10 new cases of the Delta Plus variant. total cases of Delta Plus variant has increased to 76.
11. Shopping malls in Maharashtra on Tuesday decided to close down operations, after the government modified guidelines mandating them to operate with fully-vaccinated staff.
12. Fresh firing escalates tension again on disputed Assam-Mizoram border.
13. *Defence Minister Rajnath Singh flagged-in a climb-a-thon organised by Himalayan Mountaineering Institute, Darjeeling to celebrate Azadi ka Amrit Mahotsav in New Delhi* on 17 Aug.
14. The climb-a-thon was organised at four smaller peaks of Sikkim Himalayas from April 20th to 25th 2021. The climb-a-thon under the leadership of Group Captain Jai Kishan was conducted at Mt Rhenock, Mt Frey, Mt BC Roy and Mt Palung, by a team of 125 mountaineers.
15. Hindustan Aeronautics Limited (HAL), has successfully carried ground tests for making a civilian aircraft named ‘Hindustan-228’ : The public sector undertaking of the Defence Ministry,.
16. Indian Coast Guard inducts 3 indigenously-built advanced light helicopters MK-III.
17. An Indian Army team of three officers and 25 sappers has reached Russia to take part in the Safe Route Competition of International Army Games, scheduled from August 24 to September 4, a defence spokesperson said .
18. ITBP to guard Indian diplomatic staff in Afghanistan till required
An armed contingent of paramilitary force Indo-Tibetan Border Police (ITBP) is "actively" securing the diplomatic staff of the Indian embassy in Afghanistan's capital Kabul and will be there "till required", officials said on Monday as the Taliban took over the country.
To join the Whatsapp group for daily news send request @ 9-4-0-4-8-0-7-5-2-0
https://youtu.be/_fCm5QqV49E
*****************************
✈️ INTERNATIONAL NEWS
××××××××××××××××××××××××××××
1. *United Kingdom expresses willingness for collaborating with India on Green Hydrogen Energy.* India has already retired 16369 MW of inefficient thermal units till March, 2021. India’s ambitious target of having 450 MW of installed Renewable Capacity by 2030.
YouTube
Who are the Taliban#Afganistan# SHUBOUDHAY NEWS UPDATES
History of Taliban/Afghanistan in Short