Drone manufacturing: DGCA approves 63 training centres, 25 manufactures
Import of foreign #drones was banned in 2022 while import of drone parts were still allowed to increase manufacturing in India
#MakeInIndia
https://t.co/Nnmw0BpQRY
Import of foreign #drones was banned in 2022 while import of drone parts were still allowed to increase manufacturing in India
#MakeInIndia
https://t.co/Nnmw0BpQRY
Business-Standard
Drone manufacturing: DGCA approves 63 training centres, 25 manufactures
Indian drone manufacturing: Import of foreign drones was banned in 2022 while import of drone parts were still allowed to increase manufacturing in India
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Ahead of SC hearing, police armoury looted in Manipur, a policeman killed in separate incident. An AK-47 rifle, several light machine guns, hand grenades, bullet proof jackets and over 19,000 round of ammunition were robbed by a mob of 500 at Bishnupur
https://t.co/z5zohSgE4V
https://t.co/z5zohSgE4V
The Hindu
Armoury looted, policeman killed in separate incidents in Manipur
Police foil attempt to loot weapons in Imphal, 1 Manipur Rifles personnel killed in separate incidents. Mob loots armoury in Bishnupur, over 4,000 weapons looted in ethnic violence.
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The Inter-Services Organizations (Command, Control, and Discipline) Bill, 2023, passed in the Lok Sabha.
This is an important step towards military reforms.
#Reforms #Defence
Source 🔗
This is an important step towards military reforms.
#Reforms #Defence
Source 🔗
Government of India
Lok Sabha passes Inter-Services Organisation (Command, Control & Discipline) Bill – 2023
The Lok Sabha has passed the Inter-Services Organisation (Command, Control & Discipline) Bill - 2023
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Dalmia Bharat Limited has commenced commercial production at its new Greenfield Cement Grinding unit in Sattur, TN. The new unit adds 2.0 million tons of cement capacity, bringing the company’s total installed capacity to 43.7 million tons.
#MakeinIndia
https://t.co/oEKfF1EN7H
#MakeinIndia
https://t.co/oEKfF1EN7H
Manufacturing Today India
Dalmia Bharat expands cement capacity with new unit in Tamil Nadu - Manufacturing Today India
The new unit adds 2.0 mn tons of cement capacity, bringing the company's total installed capacity to 43.7 mn tons.. Dalmia Bharat expands cement capacity with new unit in Tamil Nadu. cement, Dalmia Bharat, Dalmia Bharat Green Vision Limited, Greenfield Cement…
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Metro project in Bengaluru gets delayed as migrant workers refuse to return. #Infra #Jobs
Metro Officials say, "Most skilled workers are from Jharkhand, Odisha, West Bengal & Bihar & recently have preferred to find jobs in Metro projects in 14 other cities like Noida, Bhopal, Amritsar etc."
What could be the issue? 🤔
Metro Officials say, "Most skilled workers are from Jharkhand, Odisha, West Bengal & Bihar & recently have preferred to find jobs in Metro projects in 14 other cities like Noida, Bhopal, Amritsar etc."
What could be the issue? 🤔
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⚡ PetroChina and global commodity traders Vitol, Glencore and Trafigura are among the nearly two dozen companies that have expressed interest in building India's new strategic petroleum reserves (SPR), junior oil minister Rameswar Teli told the Lok Sabha on Thursday.
🇨🇳 China trusting India by building her Oil reserves?
#Energy #Geopolitics
Source 🔗
🇨🇳 China trusting India by building her Oil reserves?
#Energy #Geopolitics
Source 🔗
Reuters
India says Petrochina, other global oil companies keen to build SPRs
Chinese oil major Petrochina is among global companies that have shown interest in building new strategic petroleum reserves (SPRs) in India, the country's junior oil minister said on Thursday.
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Indian Development News 🇮🇳
“Import of Laptops, Tablets, All-in-one Personal Computers, and Ultra small form factor Computers and Servers falling under HSN 8741 shall be 'Restricted' and their import would be allowed against a valid Licence for Restricted Imports,” the notification read.…
New Licensing Regime For Import Of Laptops, Tablets, PCs To Be Implemented From Nov 1: Directorate General of Foreign Trade #policy
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#ISRO begins transferring Satellite Bus Technology to Indian Private Industry
ISRO transferred the IMS-1 Satellite Bus Technology to M/S Alpha Design Technologies Pvt. Ltd.
https://t.co/d1Crlv3Rh0
ISRO transferred the IMS-1 Satellite Bus Technology to M/S Alpha Design Technologies Pvt. Ltd.
https://t.co/d1Crlv3Rh0
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The government will put up over 12 offshore mineral-bearing areas for auction to the private sector before the end of 2023, an official aware of the plans said.
#Reforms #Mining
https://t.co/4BUW1uBdcn
#Reforms #Mining
https://t.co/4BUW1uBdcn
mint
Offshore mining to open up for private sector by December
The Rajya Sabha on Thursday passed the Offshore Areas Mineral (Development and Regulation) Amendment Bill, 2023, clearing the way for the auction
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India, Nepal sign 4 MoUs on education, water supply and sanitation facilities 🇮🇳🤝🇳🇵
#ForeignAffairs
#ForeignAffairs
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Indian MFs' overseas assets fall 13.5% in FY23
According to the Reserve Bank of India (RBI), Indian mutual funds (MF) reported a 13.5% decrease in their overseas investments in March 2023, reaching $5.6 billion. This decline was primarily driven by reductions in equity holdings.
Conversely, foreign investors increased their investment in Indian MFs by 1.6% ($18.7 billion). Consequently, the net foreign liabilities of MFs rose from $11.9 billion to $13 billion.
The decrease in foreign assets for MFs can be attributed to significant corrections in foreign equity markets, particularly in the US, as a substantial portion of Indian MFs' foreign investments are allocated to US equities. The Nasdaq index concluded the 2023 fiscal year with a 14% YoY decline.
The report also reveals that 81% of overseas investments are concentrated in the US and Luxembourg.
#Economy
According to the Reserve Bank of India (RBI), Indian mutual funds (MF) reported a 13.5% decrease in their overseas investments in March 2023, reaching $5.6 billion. This decline was primarily driven by reductions in equity holdings.
Conversely, foreign investors increased their investment in Indian MFs by 1.6% ($18.7 billion). Consequently, the net foreign liabilities of MFs rose from $11.9 billion to $13 billion.
The decrease in foreign assets for MFs can be attributed to significant corrections in foreign equity markets, particularly in the US, as a substantial portion of Indian MFs' foreign investments are allocated to US equities. The Nasdaq index concluded the 2023 fiscal year with a 14% YoY decline.
The report also reveals that 81% of overseas investments are concentrated in the US and Luxembourg.
#Economy
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India, Peru to resume FTA discussions to promote commerce, investment.
#Economy
https://www.business-standard.com/india-news/india-peru-to-resume-free-trade-agreement-negotiations-to-boost-investment-123080400772_1.html
#Economy
https://www.business-standard.com/india-news/india-peru-to-resume-free-trade-agreement-negotiations-to-boost-investment-123080400772_1.html
Business-Standard
India, Peru to resume FTA discussions to promote commerce, investment
India-Peru FTA talks: The official also said that Chile has also shown interest in a trade deal with India. Both countries had in 2005 also signed a preferential trade agreement
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⚡ Bill to set up mega R&D funding agency introduced in Lok Sabha
🇮🇳 The Union government on Friday introduced the Anusandhan National Research Foundation bill, 2023 that seeks to boost scientific research in higher education institutes like universities by creating a corpus of Rs 50,000 crore to fund all scientific research in India besides providing a “strategic direction” to indigenous research, innovation and entrepreneurship.
#Economy #Research
https://www.deccanherald.com/national/bill-to-set-up-mega-rd-funding-agency-introduced-in-lok-sabha-1243705.html
🇮🇳 The Union government on Friday introduced the Anusandhan National Research Foundation bill, 2023 that seeks to boost scientific research in higher education institutes like universities by creating a corpus of Rs 50,000 crore to fund all scientific research in India besides providing a “strategic direction” to indigenous research, innovation and entrepreneurship.
#Economy #Research
https://www.deccanherald.com/national/bill-to-set-up-mega-rd-funding-agency-introduced-in-lok-sabha-1243705.html
Deccan Herald
Bill to set up mega R&D funding agency introduced in Lok Sabha
The Union government on Friday introduced the Anusandhan National Research Foundation bill, 2023 that seeks to boost scientific research in higher education institutes like universities by creating a
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Riots start again in Pakistan after Imran Khan's arrest. #IndianSubcontinent
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Indian Development News 🇮🇳
Chandrayaan-3 Mission: Chandrayaan-3 completes its orbits around the Earth and heads towards the Moon. A successful perigee-firing performed at ISTRAC, ISRO has injected the spacecraft into the translunar orbit. Next stop: the Moon 🌖 As it arrives at…
Chandrayaan-3 Mission:
“MOX, ISTRAC, this is Chandrayaan-3. I am feeling lunar gravity 🌖”
🙂
Chandrayaan-3 has been successfully inserted into the lunar orbit.
A retro-burning at the Perilune was commanded from the Mission Operations Complex (MOX), ISTRAC, Bengaluru.
The next operation - reduction of orbit – is scheduled for Aug 6, 2023, around 23:00 Hrs
#Space #CH3
“MOX, ISTRAC, this is Chandrayaan-3. I am feeling lunar gravity 🌖”
🙂
Chandrayaan-3 has been successfully inserted into the lunar orbit.
A retro-burning at the Perilune was commanded from the Mission Operations Complex (MOX), ISTRAC, Bengaluru.
The next operation - reduction of orbit – is scheduled for Aug 6, 2023, around 23:00 Hrs
#Space #CH3
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44 IT hardware companies including global PC makers have registered for manufacturing laptops, tablets and personal computers in India. #MakeinIndia
https://www.zeebiz.com/economy-infra/news-leading-laptop-companies-to-make-their-product-in-india-under-pli-scheme-official-source-247675
https://www.zeebiz.com/economy-infra/news-leading-laptop-companies-to-make-their-product-in-india-under-pli-scheme-official-source-247675
Zee Business
Leading laptop companies to make their product in India under PLI scheme: official source
"Leading laptop companies have registered for PLI and some of them are ready to start manufacturing in India any time. Global server companies have said that they want to make India an export hub for servers," the official said.
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The Union Cabinet has approved a last-mile broadband connectivity plan for 6.4 lakh villages across the country under the BharatNet project with an outlay of Rs 1.39 lakh crore.
#DigitalIndia #Infra
https://t.co/376pAAxthh
#DigitalIndia #Infra
https://t.co/376pAAxthh
The Tribune
Cabinet approves Rs 1.39 lakh cr for connecting 6.4 lakh villages with broadband
The Union Cabinet has approved a last-mile broadband connectivity plan for 6.4 lakh villages across the country under the BharatNet project with an outlay of Rs 1.39 lakh crore, according to sources.
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🚨DPIL to construct Statue Of PM Modi taller than Statue Of Unity in Maharashtra:
PM Modi’s statue in Mahatashtra’s Lavasa will surpass ‘Statue of Unity’ in height & it is likely to be completed by Dec 23. It is being constructed by Lavasa Corp Ltd as they admire Modi’s efforts
What is your opinion on this? 🤔
https://t.co/UKyt7NokTf
PM Modi’s statue in Mahatashtra’s Lavasa will surpass ‘Statue of Unity’ in height & it is likely to be completed by Dec 23. It is being constructed by Lavasa Corp Ltd as they admire Modi’s efforts
What is your opinion on this? 🤔
https://t.co/UKyt7NokTf
Free Press Journal
Pune: DPIL To Construct Statue Of PM Modi Taller Than Statue Of Unity In Lavasa
It should be noted that Darwin Platform Infrastructure Ltd (DPIL) emerged as the winning bidder for Lavasa Corporation Ltd, which is primarily in the business of the development of the private hill station by the same name in Pune in July.
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Fortune Global 500 list has been released and eight Indian companies have been featured in the list.
Notably, billionaire Mukesh Ambani's Reliance Industries has maintained its high rank, furthering another sixteen places. Reliance Industries is now ranked at number 88.
#Economy
https://www.livemint.com/companies/news/fortune-global-500-reliance-jumps-16-places-lic-slips-9-details-on-8-indian-companies-featured-on-list-11691068414735.html
Notably, billionaire Mukesh Ambani's Reliance Industries has maintained its high rank, furthering another sixteen places. Reliance Industries is now ranked at number 88.
#Economy
https://www.livemint.com/companies/news/fortune-global-500-reliance-jumps-16-places-lic-slips-9-details-on-8-indian-companies-featured-on-list-11691068414735.html
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