🚛 TN 1st to reform GST transit checks - replaces 'roving squads' with 'flying squads'

| 🧠 Now intelligence-led + senior JC approval (time-stamped e-format) must, not random stops

| 📜 After 57th GST Council Oct 8 to curb harassment, ease inter-state goods flow - only supplier or destination state can inspect/detain/seize, no in-between checks.

#Policy

A great decision for the business by TN govt. #Opinion

BREAKING: Microsoft is offering buyouts to around 60,000 employees, according to reports from Business Insider and Bloomberg.

The move marks Microsoft’s latest efforts to cut costs and rework its workforce for AI.

Employees at the vice president level and below on select teams in the U.S., Canada, India, and the U.K. will be eligible, the reports say. Some employees, including those working in data centers, sales and marketing, are excluded. #IT #Jobs

BREAKING: Japanese Minister Hosono issues emergency request urging citizens to stockpile food and water. #InternationalNews #NWO

🔋 Greenzo Energy raises Rs 251 crore across three funding rounds.

| 📈 Latest round secured Rs 130 crore led by investor Ashish Kacholia
| 🏭 Capital will expand its 250 MW/year alkaline electrolyser facility at Sanand, Gujarat
| 🔬 Funds target scaling indigenous manufacturing, in-house alkaline tech, and R&D
#RenewableEnergy

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🛢️ BPCL board OKs wholly-owned subsidiary for greenfield refinery and petrochemical complex at Ramayapatnam, Andhra Pradesh.

| 💰 Authorised capital up to Rs 4,900 crore
| 🏭 10 MMTPA refinery with 32-33% petrochemical intensity
| 🏛️ Cabinet Committee on Economic Affairs (CCEA) approval eyed by February 2027
#Oil #Energy

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🚀 India’s first #semiconductor orbital welding center, SemiOrbit, has launched at ITM SLS Baroda!

🛠️ Partnering with Swagelok, INOX Air Products, and INOXCVA, it trains the critical workforce needed for ultra-high-purity gas lines, solving a major bottleneck in building India's chip fabs.

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♻️ Petronet LNG & Gruner Renewable partner for a 50:50 Joint Venture with a Rs 1,200 crore capex footprint.

| 🌱 Planning 10 CBG plants producing 18 TPD each across India for a 180 TPD total
| 🔗 Full value chain coverage spanning feedstock, EPC, O&M, and manure offtake
| 📈 Marks Petronet's first major domestic gas play to hedge rising LNG import risks #Gas

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🇨🇳 India reimposes 5-year anti-dumping duties on Chinese titanium dioxide imports to protect domestic manufacturers.

| 💰 Levy of $460–$681 per metric tonne, varying by Chinese producer.
| 🏭 Fresh DGTR probe confirmed material injury from low-priced imports.
| 🏛️ Excludes grades for pharmaceuticals, cosmetics, sunscreens, food additives, and textiles. #Policy #ForeignAffairs

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Jakson Group is investing ₹6,863 crore in an integrated #solar plant in Kurnool, Andhra Pradesh.

It will produce 10 GW of silicon ingots/wafers and 5 GW of cells across three phases, creating ~2,000 #jobs.

Phase 1 (3 GW ingots/wafers, 3 GW cells) targets commercial production in May 2028; remaining capacity by 2030.

🌐 Tata Comm to invest $400-450M over 3-5yrs (3 phases) for 10,000 km #AI-ready #fibre across India

| 🚀 Phase-1: Mumbai-Pune-Hyderabad-Chennai corridor to connect data centres/AI hubs, 7.2 PB capacity, ultra-low latency 15-16ms RTT Mumbai-Chennai via multi fibre pairs/higher-grade fibre

| 🤖 Demand driver: hyperscalers/neocloud - cited dedicated AWS network + neocloud buying Mumbai-Chennai-Singapore, scale seen at 400GW/800GW

| ⚠️ Rollout needs ROW permissions, monsoon & route planning.

🛡️ Sarvam to Develop AI Framework for India’s Army, Navy and Air Force

Indian AI startup Sarvam AI will develop an artificial intelligence framework for the Army, Navy and Air Force under Headquarters Integrated Defence Staff (HQ IDS). The initiative aims to build AI capabilities tailored to India’s defence requirements and support the adoption of AI across the three services.

#AI #Defence
Source: Business Standard

The Centre is drafting an integrated tax framework for the #textile sector, covering GST on products and inputs, customs duties on raw materials and machinery, and anti-dumping duties on specific fibre and yarn imports, to enhance tax certainty and reduce value chain costs. #Economy

India’s petroleum #exports earnings rose ~50% YoY to ₹2.59 lakh crore (Apr–Sep 2026), despite a 16% volume drop.

Diesel exports gained 58% to ~₹1.2 lakh crore (volume -19%); petrol earnings rose 21% to ₹58,000 crore. Diesel and petrol comprised ~70% of total earnings.

Domestic consumption rose 5% (diesel) and 7% (petrol), while production dipped slightly. #Oil

✈️ Pratt & Whitney signs >$40M multi-year supply deals with Bharat Forge, IAMPL, Godrej, and Indo MIM.

| 📈 On track for $150M annual sourcing from India by 2030; RTX parent already sources >$500M/year.
| 🔧 Full value chain coverage: castings, forgings, bars/billets to finished components, plus capability building in raw materials and special processes.
| 🛡️ Pushing for sector-specific PLI for high-value aero parts following a supplier event to expand collaboration.
#Aviation

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☀️ Microtek invests Rs400 cr to accelerate solar growth

🏭 New solar panel plant in Jaipur, operational Nov 2026
🔋 Launching BESS and lithium storage
🔌 Portfolio: power generation, distribution, conditioning, storage (inverters, UPS, batteries, wires, solar panels) #Solar #Batteries

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🚢 India & Russia to do pilot voyage on Northern Sea Route in 2027

| 🗓️ 80th yr of ties, MoU by Dec'26 | 🧊 5,600km route (Kara Strait to Bering), 40% shorter vs Suez, needs Rosatom nuclear icebreakers
| 🛢️ For crude, LNG, fertilizers, critical minerals. #Ports

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HSBC Flash India PMI Composite Output Index rose to 56.7 in October from 55.9 in September. Reading marks four-month high and fastest growth since June. Survey shows faster expansion in manufacturing and services on higher new orders. #Economy

Gross office leasing across India’s top seven markets hit a record 61.06 million sq ft in the first nine months of 2026, while net absorption rose 5.3% YoY to a record 41.96 million sq ft (JLL data). New completions reached 43.7 million sq ft, the highest for this period post-Covid. #Economy

Uttar Pradesh plans to acquire nearly 8,200 hectares for three greenfield expressways at over ₹15,000 crore. The 565-km network covers 320-km Vindhya, 145-km Meerut-Haridwar and 100-km Vindhya Purvanchal Link. Land spans about 650 villages; UPEIDA develops the projects. #Economy

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