Indian Development News 🇮🇳
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Global packaging giants Ball Corporation, Crown Holdings, and Canpack are set to invest ₹6,566 crore in Uttar Pradesh, establishing aluminium beverage can units in Meerut and Unnao. This move will significantly strengthen the state’s advanced packaging ecosystem, boosting manufacturing capacity and industrial growth. #MakeinIndia

🔗 BusinessStandard
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Indian Development News 🇮🇳
The Government has capped Eligible MDR rate at only ₹5 instead for essentials such as Telecom, Insurance, Railways, Fuel instead of ₹12 after above ₹ 2000 transactions!! #policy #finance
▪️UPI industry is "bleeding money," cannot keep relying on government subsidies — cited to defend the new MDR.
▪️Industry (banks + fintechs) spends ~Rs 10,000-12,000 crore/year at current UPI volumes; government subsidies fall short of covering this.
▪️MDR marks a shift toward a revenue model after years of UPI being free for merchants.
UPI originally had an MDR of 0.65%, which the government removed during the Covid period in 2020 — so the "free UPI" era itself was a Covid-time decision, not something that existed before.

#policy
source
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ASIAN GAMES: 🇮🇳 India begin their campaign Today, 2 days before the Official Opening Ceremony!

Just one Event today:

Teqball | Men’s Doubles: Declan Gonsalves & Mohamed Anas Beg

12:30 PM IST: 1st Group Stage Match
1:00 PM IST: 2nd Group Stage Match

#AsianGames2026
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Apple’s Foxconn and Tata Electronics plants in India are building iPhone 18 Pro and Pro Max for Friday’s global launch, the first time those Pro models ship India-made on day one. India now makes 25%, or 1 in 4, iPhones. Two factories are running Pro lines; assembly lines may rise to nearly a dozen. #MakeinIndia #Tech
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Vedanta has committed ₹21,000 crore through FY26 to expand India’s EV metals supply chain, focusing on metals capacity and critical minerals to support the country’s fast-growing electric vehicle and auto industry. This investment strengthens India’s push toward sustainable mobility and industrial self-reliance. #EV #Automobile

Source
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Lam Research said it will invest ₹10,000 crore in its first India silicon-component plant and expand local R&D. The site will cover a vertically integrated chain from silicon ingot production through processing for advanced nodes. Rangesh Raghavan said the outlay will run over the next several years. #Semiconductor
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India's Cheetah population has reached 52, with 49 in Kuno National Park and 3 in Gandhi Sagar Sanctuary, including 32 Indian-born cheetahs alongside survivors and new arrivals from Namibia, South Africa, and Botswana. #Wildlife
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DRI seizes more than 362 MT Pakistan-origin dry dates under ‘Operation Deep Manifest’ #Policy

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🇺🇸🤝🇵🇰 US military drone firm PowerUS, which is owned by sons of US Prez Donald Trump, signs deal to supply Porkistan Army with Matrix Fold FPV drones and Guardian interceptor drones. #Geopolitics
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Forwarded from The Capital Mind
India's Data Centre development pipeline through 2030 reaches 3,860 MW
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Applied Materials has announced a $5 billion investment over the next decade under its "Applied Materials India Vision 2035" initiative to integrate India’s semiconductor ecosystem into the global value chain.

Revealed by SPG President Prabhu Raja at SEMICON India 2026, the strategic plan utilizes a three-pillar framework centered on establishing a new 140-acre advanced semiconductor research park, expanding India-based supply chain capacity 10 times by 2035, and cultivating future local talent. #Semiconductor

🔗 Economic Times
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Blast from the past. #Policy
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Video of the HAL Tejas Trainer to be handed over to the IAF during a ceremony by Rajnath Singh!! Sharing this here because this delivery is a milestone in itself because the order for a total of 40 IOC HAL Tejas Fighter aircraft were placed in two batches!! One batch in 2006 and another batch in 2010.These two particular jets belonged to the second tranche of orders placed in 2010!! So, after almost two decades HAL has finally fulfilled its initial contract!!

#defence #aatmanirbharbharat
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Tata Sons board meeting outcome:

-N Chandrasekaran to be reappointed as chairman of Tata Sons
-Tata Sons to be listed
-Noel Tata outvoted
-Chandra’s appointment will have to be ratified by AGM
-Noel will seek to oust Chandra at AGM as per sources
-Noel Tata veto was overridden based on legal option obtained by Tata Sons

#Policy
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