Indian Development News 🇮🇳
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Swan Defence set to win ₹1,897 crore order for four dual-fuel ready MR product tankers from SCI-led JV. SDHI quoted $48.9 million per vessel; each loads 17,000-18,000 tons. First oil tankers built locally in 25 years; yard restarted in 2024. #MakeinIndia
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The First BIMSTEC Home Ministers’/Senior Officers’ Meeting 2026 will be held in New Delhi on 13th October, 2026!!

#foreignaffairs
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President Droupadi Murmu appoints new Governors to six States:

(i) Om Prakash Mathur, Governor of Sikkim, appointed as Governor of Keralam.

(ii) Rajendra Vishwanath Arlekar, Governor of Keralam appointed as Governor of Tamil Nadu.

(iii) Braj Mohan Ram appointed as Governor of Odisha.

(iv) Dr. Sudha Yadav appointed as Governor of Karnataka.

(v) Dr. Dhal Singh Bisen appointed as Governor Uttarakhand.

(vi) Dushyant Gautam appointed as Governor of Sikkim.


#policy
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Indian Development News 🇮🇳 pinned «🚀 India breaks into elite space tech! Deep-tech startup QOSMIC has built and space-qualified the nation's first Fast Steering Mirror (FSM) in under a year. This critical hardware acts like a cosmic sniper, keeping laser communication links perfectly locked…»
🤝 MP CM's Mumbai investor roadshow secures Rs 90,000 Cr proposals, 14,375 jobs - led by Renewables Rs 71,289 Cr, Textiles Rs 5,000 Cr (Bhilosa Rs 7,500 Cr PM MITRA Park), Pharma Rs 2,280 Cr (Sun Pharma Rs 3,000 Cr greenfield, Ipca Rs 1,080 Cr), plus INOX's Rs 1,260 Cr India's 1st semiconductor-grade silane gas plant - boosting Make-in-India in clean #energy, #semiconductors & #textiles.

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🔋 TCPL Packaging to invest Rs 125 Cr in Li-ion battery separator film business via new subsidiary - Phase 1 capacity of 70M sqm (6-8 GWh) by Q4 FY28, long-term target 500M sqm (50 GWh). #MakeinIndia

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🇺🇦⚔️🇷🇺Ukrainian drones struck down 3 Yandex data centres in Russia.

Apart from disrupting online services, the strikes also took out huge social media botfarms which spread racism against Indians online. #InternationalNews
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🇵🇰⚡- The Balochistan Liberation Army targeted a Pakistani Coast Guard vessel, killing 13 porkis onboard. #IndianSubcontinent
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India’s commerce department is compiling a list of trade hurdles for services exporters in China. India’s services exports to China totalled $8.95 billion in 2024. China’s total services imports stand at around $300 billion. #Economy
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🇮🇳 India to build 03 additional Kalvari class submarines at MDL, with support from Naval Group, at an estimated cost of ₹33,000 crore.

It aims to replace ageing subs & bridge gap until P-75(I) submarines arrive, sustaining India’s indigenous submarine building ecosystem.

• CCS to approve ₹33000 Cr proposal to build 3 additional Kalvari-class submarines at MDL
• New subs to have ~60% indigenous content—nearly double the 30–35% achieved in original Kalvari
• Improved stealth, modern electronics, Indian combat-management system, upgraded weapons & sensors, indigenous AIP, heavy-weight torpedoes, SLCMs

#defence
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PFIZER HAS ‘JUST’ PUBLISHED THE LIST OF POSSIBLE SIDE EFFECTS of its COVID vaccine.

#InternationalNews
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News Alert! Merchant Discount Rate of 0.4% on UPI transactions over Rs 2,000 deferred; to come into effect post Diwali: NPCI statement #Policy
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India attracted $351 billion in greenfield FDI during 2021-25, more than double China’s $159 billion, per BCG. India’s inflows rose 61% from $222 billion in the prior five years. China’s greenfield FDI fell 54% from $350 billion in the same period. #Economy
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🇰🇷 Essencore x Syrma SGS partner to expand India electronics manufacturing & launch KLEVV brand - high-perf DDR5 RAM, PCIe Gen4/5 SSDs for gaming/HPC - likely using Syrma's SMT lines, leverages Syrma's PLI status & PCB JV with Shinhyup; announced at Essencore India Conclave, boosting Make-in-India memory/storage ecosystem. #MakeinIndia

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♻️ Adani Enterprises’ Kutch Copper to integrate 115 MW renewables at Mundra refinery - part of green push for 500K to 1M tonnes expansion to become world's largest single-location custom copper smelter; runs on 100% desalinated water, zero-liquid discharge, 99.8% sulphur capture, boosting Make-in-India copper for EV & energy transition. #Mining #Energy

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Tata Chair defends nation-building bets over short-term returns

Chips will be fundamentally required, and advanced manufacturing is here to stay, he said, adding that India has the talent, the market and the ability to step up


#Technology
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BREAKING ⚠️

2 Maldivian pilots of FlyDubai detained by UAE authorities days after the attempted terror hijacking. Maldivian media reported the story from Oct 3, but detail missed by rest of the press. Both are co-pilots believed to be close to Al Hammami. Currently in custody. #InternationalNews
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🌾 IIT Kharagpur transfers grain-processing tech to SKF Boilers & Dryers for commercial use - faster, efficient, cost-effective processing to cut time & grain losses, boosting lab-to-industry & Make-in-India agri-tech. #Agriculture

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