🚀 MCPI & Indian Oil (IOCL) have signed a joint venture agreement to build a ₹5,000-crore mega integrated polyester facility in Bhadrak, Odisha. Moving the project into the execution phase. The upcoming facility features a 900 TPD Continuous Polymerisation unit that will produce polyester chips, Fully Drawn Yarn (FDY), and Draw Textured Yarn (DTY) to boost India's downstream textile value chain. #Textile

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Union Minister Ashwini Vaishnaw, in an exclusive interview on India's semiconductor journey, said the real challenges are yet to come and the industry must be prepared for sabotage and global disruptions.

This is just the foundation, as PM said. Building it was difficult, now bigger global challenges will come. When Apple manufacturing started, there was fake news, electricity wires were cut, and sabotage was attempted by people who don't want India to become a manufacturer. The industry must be prepared for physical sabotage, cyber attacks, fake narratives, and fake news. This is a strategic industry.

#Semiconductor #CyberSecurity

#Update India locked a 1.9 mt country-specific EU steel TRQ plus 0.9 mt residual quotas, 2.8 mt in all, covering over 80% of last fiscal’s 3.0 mt EU shipments. The EU’s 18.3 mt duty-free cap and 50% out-of-quota duty took effect 1 July. GTRI puts fully phased CBAM near 35%. #Exports

ICEMA projects construction equipment exports at 20,701 units in FY27, up 19% from 17,396 in FY26 and more than 70% above three years earlier. FY24 shipments were 11,990. First-four-month FY27 exports are up 29%; last year’s electronics-goods exports rose 25% to $48 billion. #Exports

BIS is modernising 21 cotton-testing labs under a ₹38.72-cr Consumer Affairs project. India grows about 23% of world cotton. Plans cover 22 HVI testers and 44 trash analysers; 14 HVIs and 28 analysers are already live in 13 labs. #Textile

Washington Post says the US War Department is hiding true causality numbers of US soldiers killed in the West Asia War than were officially stated.

US Secretary of War Pete Hegseth denies it but Washington Post stands by its claim citing 6 US Officials within the Defense Department

#InternationalNews

🇸🇦⚔️🇾🇪 Houthis have Attacked Saudi Arabia Capital Riyadh

Smoke is rising from the Riyadh King Khalid International Airport after Houthis Ballistic Attack

Edit:- Fuel Storage of Riyadh International Airport is on Fire.

Zoho-backed Netrasemi, incubated at Kerala’s TrEST Park, has raised ₹125 crore and launched its first chip for drones, cameras and robotics. It is in talks with more than 20 OEMs in India and Japan. Cofounder Jyothis Indirabhai called the Centre’s ₹1.28-trillion Semicon 2.0 plan incomplete without procurement preference. #Semiconductor

BCG-ACMA projects India’s auto-component exports at $24 billion in FY26 and $45 billion by FY30. India holds 5% of global component trade versus China’s 12%. Highway Roop books ₹2,500 crore of export revenue; SPR Auto now has 14 plants and eight assembly centres. #Exports

Japan sent 60+ space-ecosystem representatives to Bengaluru Space Expo. Bellatrix expects Japan to reach 10-15% of India’s spacetech business. SatNxt mapped 230+ Indian spacetech firms for Japanese clients. #Space

India has send the 8th tranche of aid via IAF C-130 aircraft to Nepal with 11 tonnes of Relief material & Rescue and Medical Teams as part of relief measures post the Nepal flash floods.

#IndianSubcontinent

Gujarat added 2.3 lakh new investors in Aug 2026, 14.6% of India’s 15.5 lakh total (+16.7% MoM, +24% YoY). UP added 2 lakh. FY27TD additions reached 61.6 lakh; West India registrations rose 40.9% MoM. #Economy

The 1,824-km Arunachal Frontier Highway (NH 913) targets 2029 after Lada-Sarli compensation fell from ₹250 cr to ₹185 cr. NBWL cleared 310 ha from Namdapha in 2025. The alignment runs as close as 20 km to the LAC. #Infra

Olympic Medalist Manu Bhaker, Pawan Sehrawat lead the Indian contingent in the Asian Games opening ceremony!!

#AsianGames2026

India's outsourcing industry commands over half of the global market by transitioning from basic call centers to high-value services such as advanced analytics and software development.

Driven by these high-value offerings, sector exports have reached 8.5% of India's GDP, generating $205 billion in revenue and growing digitally delivered services by 45% since 2022. #AI #Jobs

🔗 BusinessStandard

India’s STT revenue surged 53% to ₹40,214 crore (Apr–Sep 2026) after higher F&O tax rates, with FY26 collections at ₹57,522 crore. The government targets ₹73,700 crore in FY27, driven by strong derivatives activity. #Economy