Asian Paints has started commercial production at India's first Vinyl Acetate Ethylene (VAE) emulsion plant in Dahej, Gujarat. The facility produces 1,50,000 tonnes annually of polymer binder, shifting the company from 100% imported VAE to localized manufacturing as part of a backward integration strategy. #MakeinIndia

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🇪🇺🇸🇦 Saudi Arabia will not send any Crude #Oil in October to European Refiners, citing the East-West pipeline shutdown as the reason.

#InternationalNews

Government has barred projects approved under ISM 2.0 from selling or mortgaging any project assets until all proposed commercial production begins, and requires them to stay in production for at least three years. Promoters must retain majority equity control, and expenses like land development or R&D are excluded from eligible capital expenditure.

These measures aim to safeguard taxpayer-backed incentives and ensure long-term stability in India’s semiconductor manufacturing ecosystem.

#Policy #Semiconductor

🔗 Economic Times

⚡️ SEBI Pushes Pooled Municipal Bonds to Fill $900B Infrastructure Gap

India’s capital markets regulator, SEBI, is officially pushing smaller municipalities to pool their financial resources and collectively issue bonds to upgrade urban infrastructure.

🔹 The Core Details:

• The Goal: Fund India's massive urban infrastructure gap, estimated at $900 billion (Rs 82–86 trillion) through 2031.
• The Strategy: Allow smaller Tier-2 and Tier-3 cities to form collaborative special purpose vehicles (SPVs) to issue joint bonds, lowering borrowing barriers and spreading risk.
• Current Market Status: Highly underutilized. Municipal debt accounts for less than 1% of India's total bond market, with only 22 urban bodies having raised Rs 45 billion via 31 bonds so far.

🔹 Security and Trust:

• Joint bond issuances will utilize dedicated escrow accounts to guarantee investor repayments.
• Cities will face strict financial disclosure rules to attract institutional investors.

🔹 Timeline of the Reform (2026):

• SEBI floated the consultation paper in May, approved the framework on June 19, and announced the pooled financing rollout in September.
#Infra

🔗 BusinessLine

🇸🇦⚔️🇾🇪 Houthis Ballistic Missiles & Drones attack against Saudi Arabia's Abha, Khamis Mushait, Jeddah, Taif, Yanbu, and Al-Ulaa

🇪🇺⚡🇷🇺 Russian President Putin says European leaders are openly declaring that they are preparing for War with Russia.

#InternationalNews

Pentagon weights withdrawing 25,000-40,000 troops from Europe.

Final Report to be submited by November 6 to US President Trump for Consideration

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#InternationalNews

DAY 1 | Schedule for #AsianGames2026

The Indian Women's Cricket Team defeated the host Japan in the Quarter finals and stormed into the Semis of the Asian Games 2026 Women's Cricket

#AsianGames2026

Trump announces a deal with Denmark saying it gives the US permanent control of security over the Island of 🇬🇱Greenland!! Trump also says it is a deal which has "infinite life"

#internationalnews #geopolitics

🚨 Trump has Signed the  Russia Sanctions Bill proposed by the now deceased Senator Lindsey Graham that if implemented subjects China, India To 100% US Tariffs For Buying Russian Energy.

#policy #geopolitics #Trade #energy #internationalnews

Moody's Ratings raised India's fiscal year 2027 (FY27) real GDP growth forecast to 7% from its previous estimate of 6%, citing the economy's strong resilience against external shocks and Middle East conflict. #Economy

Cadence expects India’s EDA market to rise from $3.45 billion in 2025 to $7.82 billion by 2031 as Tata’s Dholera fab targets 2028. Cadence’s 2025 global revenue was $5.3 billion, up 14%. It has supported 106 Indian startups on chip design; more than 80 are at advanced product stages. #Semiconductor

My goodness!! What kind of parody episode happening inside Pentagon!

So, a military shipment from Australia which contains F-35 jet canopies that covers the cockpit and stealth technology was diverted to Hong Kong and is currently unaccounted for, probably already made its way into the possession of Chinese military.

#InternationalNews

Read more: https://www.washingtonexaminer.com/policy/defense/4733739/pentagon-investigating-missing-f-35-parts-lost-overseas/

Swedish EQT plans to invest $50 billion in India by 2030, about double the $26 billion it has put in since 1998 across 30 deals. Private-equity deployment is targeted at least $2 billion a year. Adani will build and deliver 1–3 GW of green data-centre capacity for the push. #Economy

Dreamtech’s Greater Noida Plant 1 in India has completed a massive conversion from smartphone component assembly into a dedicated, large-scale Samsung DDR5 memory module line. The facility is aggressively scaling up production this month to reach a massive annual capacity of over 50 million units. #MakeinIndia

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