📝 Pakistan 🇵🇰 has to repay $2.44 billion of external debt in July 2023.

⭐️The debt also includes $2.44 billion for the current month of July 2023 owed to China, reports ANI quoting the NEws International.

⭐️Moreover, another $1 billion safe deposit from China is also due.

⭐️At a time when the whole country is struggling to meet the International Monetary Fund's demands, the finance department issued a notification sanctioning Rs 2.3 billion for the purchase of new luxury vehicles.

#Economy #Geopolitics

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🤖 Electronics exports grew 56% in Q1(April-June period), at 4th in pecking order.

⭐️As per experts, at this rate, electronics is likely to emerge as the third largest category of exports in the coming quarters as its gap with the current gems and jewellery segment is narrowing fast.

⭐️Electronics have overtaken chemicals and drugs and pharmaceuticals to jump from sixth largest exports category to become the fourth largest in Q1 FY24.

#Trade #Economy #India

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🇩🇪Germany's manufacturing PMI plummeted to 38.8, twelve consecutive months of contraction.

This is very bad news for Europe's largest economy, where a 'green economic miracle' was promised to citizens.

Closely look at graph 📉: It reached bottom during 2008 crisis, COVID and now.

Source: DiscloseTV

#NWO #Economy

💸 Taxpayers in India can now pay income tax via PhonePe. 'Income Tax Payments' feature is enabled in PhonePe.

#India #Economy

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Twitter's iconic bird symbol is replaced by X, the new name of Twitter post rebranding.

India comes on 9th spot in world in holding of Gold reserves.

As world is moving to post Dollar world, #India should increase her Gold reserves.

Source

#Geopolitics

⭐️ Tesla representatives are set to meet Piyush Goyal this month to discuss plans for a factory that will produce a brand-new $24,000 car, according to a report

#Infra #MakeInIndia

https://mybs.in/2cGJbvg

Bearish bets on dollar hit record

Asset managers increased bearish bets on the dollar to a record high amid speculation slowing US inflation will hasten the end of the Fed's 16-month run of policy tightening.

Institutional investors, including pension funds, insurers and mutual funds, increased their net short position on the greenback by 18% to 568,721 contracts in the week through July 18.

Asset managers boosted dollar net shorts by the most against the euro and pound. At the same time, they cut yen shorts by the most since March 2020.

Amid slowing inflation, the Federal Reserve is expected to raise its key rate by 25 basis points this week but may start cutting it early next year.

#NWO #Economy

Wang Yi and Ajit Doval met. Discussions on border issue.
#Geopolitics

https://www.news18.com/world/nsa-ajit-doval-meets-senior-chinese-diplomat-wang-yi-on-sidelines-of-brics-meeting-8416927.html

India To Launch 7 Singaporean Satellites

According to Business Standard newspaper, the satellites will be launched into orbit using the Indian launch vehicle PSLV-C56.

The launch is scheduled for 06:30 July 30 from the Satish Dhawan Space center on the island of Sriharikota.

#India #Space #ISRO

🇮🇳India has taken its first step to introduce Controlled Human Infection Studies (CHIS), used in many countries for vaccine and treatment development.

⭐This relatively new research model which involves intentionally exposing healthy volunteers to pathogens in a controlled environment, has been used to study malaria, typhoid, dengue, etc.

#Health #Research

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🇺🇸 💵 🇨🇳 IMF now supporting de-dollarization?

"IMF spokesperson Julie Kozack confirmed that Argentina had paid off part of its debts — equivalent to $1.1 billion of the $2.7 billion that matured last month — with the IMF in Chinese yuan."

#Economy #NWO
https://moderndiplomacy.eu/2023/07/23/de-dollarization-imf-hints-at-allowing-countries-to-use-chinese-yuan-for-debt-repayment

Reliance Industries Ltd (RIL) is joining hands with Brookfield Infrastructure Partners Lp & Digital Realty Trust Inc. in a three-way venture for setting up special purpose vehicles aimed at developing data centres in India.

RIL will hold a 33.33% stake in the SPVs, a joint statement by the three partners said.

#India #Economy #Infra
https://www.livemint.com/companies/news/reliance-industries-to-acquire-33-stake-in-brookfield-digital-realty-data-centre-venture-11690216647189.html

Indian firm 'Samvardhana Motherson' has acquired Germany's Dr. Schneider Group for $131.6 million.
#India #Economy
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🇮🇳⚡🇨🇳 Situation along the LAC in the Western Sector of the India-China boundary since 2020 had eroded strategic trust and the public and political basis of the relationship: Indian Readout of NSA Doval & China's Wang Yi meet #ForeignAffairs

Govt steps up focus on exploration of critical minerals.

The mines ministry has increased focus on exploration of these minerals through Geological Survey of India (GSI) and other agencies, the minister said.

Starting from 2020-21 when there were only 59 projects in critical minerals, these have risen to 122 in FY24.

#Minerals #India #Economy

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Advice to young Indians.
MUST WATCH and share.
#India

Morgan Stanley analyses India’s economic transformation between 2013 and 2023. #Economy

#semiconductor #MakeInIndia

Chandrayaan-3 Mission:

The orbit-raising maneuver (Earth-bound perigee firing) is performed successfully from ISTRAC/ISRO, Bengaluru.

The next firing, the TransLunar Injection (TLI), is planned for August 1, 2023, between 12 midnight and 1 am

#ISRO #Space #CH3