Indian Development News 🇮🇳 – Telegram
Indian Development News 🇮🇳
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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
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Death toll in Himachal Pradesh reaches 72 as rain and landslides wreck the state.
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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.
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Chennai based #space startup 'Agnikul cosmos' to launch Agnibaan rocket on a maiden sub-orbital test flight. #startups
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#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

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🇮🇳🤝🇰🇷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

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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)

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#India #Defence
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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
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🚨🇨🇳📉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
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🚁 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

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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
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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
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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
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9 more supercomputers to be added under National Supercomputing Mission, list of four current fastest machines in India.

🇮🇳 The Union Cabinet on Wednesday approved an outlay of ₹ 14,903 crore for the extension of the Digital India programme and money will be spent over five years - from 2022 to 2026.

🖥 One of the highlights of the extension is the creation of nine new supercomputers, which will be in addition to 18 supercomputers already deployed.

#India #Technology

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🇺🇸 Rating agency Moody's has affirmed BAA3 rating on India and maintained a 'stable' outlook on the economy.

However, it flagged that India's rating and stable outlook also take into account a curtailment of civil society and political dissent, compounded by rising domestic political risk.

Further, it flagged that India continues to suffer from a high debt burden and weak debt affordability.

#India #Economy

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