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

Blast from the past. #Policy

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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https://t.me/isnreport

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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NOTAM for Missile Test 🚀

25-26 September.

EPF wage ceiling hike: EDLI contribution rises to Rs 125, but maximum cover may stay at Rs 7 lakh.

-EPF threshold increased to Rs 25,000.
-Cabinet approved EPF threshold hike on Sep 16, 2026.
-EDLI employer contribution rises from Rs 75 to Rs 125.

#Policy

What does this mean for the salary class?

Earlier your mandatory EPF deduction was 12% of 15,000 = ₹1800

Now that deduction has increased to 12% of 25,000 = ₹3000

That means we will lose 1200 a month -> ₹14,400 a year from our in-hand salary.

#Policy

🇳🇱🤝🇮🇳 Nexperia, the Dutch automotive chipmaker, has tapped Tata Electronics to manufacture and package its power control chips (MOSFETs) in India, Reuters reports, the first major publicly announced foundry + packaging client for Tata, which has also been in talks with Analog Devices, NXP, others.

The decision comes after the company had a falling out with its Chinese parent Wingtech. #semiconductor #MakeInIndia

Bengaluru-based Dheya Engineering Technologies has just raised ₹43 crore rupees in a funding round led by Avaana Capital.

They have developed 200N and 500N micro turbojet engines, with flight trials planned for Q4 of 2026 and confirmed OEM orders from India and overseas. #Aviation

NPCI bans platform fees on UPI bill payments from Oct 15.

No more ₹3-5 charged by apps every time you pay a bill. #Policy

UPI apps are strongly opposing the platform fee ban, warning it forces them to process bill payments at a loss.

Their core concerns include:

• The ₹1 Deficit: On bills over ₹2,000, the apps' tiny ₹1 share of the MDR fails to cover the commission they must pay to the Bharat Bill Payment System (BBPS).

• Zero Earnings on Small Bills: Since most routine utility bills fall below ₹2,000, they generate zero revenue while apps still have to pay infrastructure costs.

• Service Cuts: Fintechs warn that without a sustainable revenue model, they may have to deprioritise or restrict utility bill services on their platforms.
#Policy
🔗 BusinessStandard

Just in: Delhi court grants bail to US national Matthew VanDyke in NIA Myanmar training camp case reports news agency PTI; he must stay in Delhi. #nationalsecurity

🇯🇵 Japan raises interest rates from 1% to 1.25%.

The highest interest rate since 1995.

#InternationalNews