Report: In a major boost for the Indian Navy, the Centre on Wednesday gave final clearance to a project to build five fleet support ships for the maritime force which will help it to replenish its warships with fuel, food and ammunition.The five vessels would be built by the Visakhapatnam-based defence ministry’s Hindustan Shipyard Limited. The ships to be built indigenously would also boost the Aatmanirbharta or the self reliance goals of the Indian Navy in line with the government directives. “Around Rs 20,000 crore project was given final clearance by the Central government in a high-level meeting on Wednesday. The five Fleet Support Ships will be built by the HSL with the support of multiple Indian private sector small and medium enterprises.

Note: Representational Image Only

“It’s a good job for the west that China and India never agree on anything, because if they did the dominance of the dollar would be a lot more vulnerable,”

“I often say to Chinese policymakers . . . forget your endless historical battles and try to invite India to share the leadership on some big issues, because then the world might take you a bit more seriously.”

-Jim O'Neil (British economist who coined BRIC acronym)

#Geopolitics #India

https://www.ft.com/content/d8347bd0-cc4f-4c3b-9225-0ccd272330a6

🇮🇳🤝🇱🇰 The introduction of the advanced Indian Navy Dornier Maritime Reconnaissance aircraft represents a considerable augmentation in Sri Lanka's surveillance capabilities. #Defence #ForeignAffairs

https://www.wionews.com/south-asia/india-hands-over-indian-navy-dornier-aircraft-to-sri-lanka-air-force-626294

JP Morgan and Chase will likely include 🇮🇳 India’s sovereign bonds on its indexes next year as investment hurdles get resolved, one of Europe’s biggest asset managers said

- Bloomberg

#India #Economy

Chandrayaan-3 Mission:

‘Thanks for the ride, mate! 👋’
said the Lander Module (LM).

LM is successfully separated from the Propulsion Module (PM)

LM is set to descend to a slightly lower orbit upon a deboosting planned for tomorrow around 1600 Hrs., IST.

Now, 🇮🇳 has3⃣ 🛰️🛰️🛰️ around Moon

#Space #CH3

PM Modi to travel to Indonesia in the first week of September. He will be traveling tothe Indonesian capital Jakarta to attend the East Asia Summit, & India Asean summit level meetings. #ForeignAffairs

Death toll in Himachal Pradesh reaches 72 as rain and landslides wreck the state.

🇮🇳🌾🇦🇫 #ForeignAffairs

https://t.co/8tXBjLwCdX

🇷🇺⚔️🇺🇦 Since the Russia-Ukraine war started in Feb 2022, despite sanctions, Russia has gained $600 bn in wealth. Whereas North America and Europe combined have become poorer by $10.9 trillion. #InternationalNews #Geopolitics #NWO

https://www.businessinsider.com/war-in-ukraine-russia-richer-millionaires-billionaires-uhnw-wealth-ubs-2023-8

Indian cabinet approves key programs.

- 10,000 EV buses in 169 cities.
- Multi track rail projects - 32,500 crore.
- Craftsman to get loans upto 2 lakh.
- Digital India expansion - 14,903 crore.

Chennai based #space startup 'Agnikul cosmos' to launch Agnibaan rocket on a maiden sub-orbital test flight. #startups

#Chess #Sports #India

#India crossed a key milestone this week, according to government data — two of every three rural households in the country now have a piped water connection.

#Infra

Source 🔗

🇮🇳🤝🇰🇷India and South Korea are exploring a new migration agreement to allow easier mobility for professionals to move between both economies.

🌆 Around 12,000 Indians live in South Korea, including around 300 people of Indian origin, according to the external affairs ministry.

👨‍🎓 A large number of Indian scholars are pursuing post-graduate and PhD programmes, mostly in pure sciences.

🖥 During the past few years, many professionals mainly in the areas of IT, shipping and automobile have immigrated to the country.

#India

Source 🔗

India’s first Long Range revolver ‘Prabal’ to be launched today: Report.

🔫 The Prabal revolver boasts a firing range of up to 50 metres, more than twice the reach of other revolvers.

🧑‍🏭 Manufactured by the state-owned enterprise Advanced Weapons and Equipment India (AWEIL)

Source 🔗

#India #Defence

India's Communications Minister Ashwini Vaishnav inaugurated the country's first 3D-printed post office in Bengaluru, Karnataka today.

L&T Construction has completed the post office structure in Cambridge Layout, Halasuru, utilising 3D Concrete Printing Technology.

#India #Infra

🚨🇨🇳📉Breaking:

China's second real estate company Evergrande files for bankruptcy.

Another real estate company, County Garden is also on the verge of collapse, as Moody's downgrades it's credit outlook to negtive.

#InternationalNews #Economy

🚁 India is expediting work on a new military helicopter, Indian Multi Role Helicopter (IMRH), led by Hindustan Aeronautics and in partnership with French aerospace firm Safran and foreign aircraft manufacturers like Airbus and Sikorsky.

🤝 The JV with Safran to co-develop the engine will be in place within three months, with the IPR remaining within India.

#India #Manufacturing #Defence

Source 🔗

India & Taiwan set to sign mobility pact in October, enhancing people-to-people engagement. The pact, intended to promote the mobility of students, professionals, skilled workers have been designed to harness India's demographic dividend. 🇮🇳🤝🇹🇼 #ForeignAffairs

https://t.co/e0zw2symSV

Education, creating jobs in manufacturing most-favored ways to achieve China-like growth, suggests the latest round of the YouGov-Mint-CPR survey.

#India #Manufacturing

Chandrayaan-3 Mission:
The Lander Module (LM) health is normal.

LM successfully underwent a deboosting operation that reduced its orbit to 113 km x 157 km.

The second deboosting operation is scheduled for August 20, 2023, around 0200 Hrs. IST

#Space #CH3