At the 4th National Conference, Commerce Minister Piyush Goyal described India’s 2019 exit from RCEP as "a tragedy averted by the Modi government".

Goyal argued that joining RCEP would have acted as a disguised FTA with China, threatening to destroy Indian manufacturing by opening domestic sectors to zero-duty Chinese imports.

He detailed a "cat-and-mouse game" where he repeatedly warned PM Modi that joining would ruin the economy, even as bureaucrats lobbied the Prime Minister to sign the deal.

On November 4, 2019, PM Modi rejected this pressure and withdrew from RCEP, protecting domestic industry. 🔥

#Trade

🇮🇳🤝🇺🇸 Pixxel sets up US subsidiary to tap federal defence, intelligence contracts

The move marks Pixxel's push beyond satellite imaging into software, sensing technologies and satellite systems, as it looks to deepen its engagement with US government agencies. #Startups

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🚀 Axiro Semiconductor invests in ThinSiC to enter power #semiconductor market

| 🛸 Bengaluru firm (CG Power subsidiary) becomes lead investor in Silicon Valley-based ThinSiC Inc, long-term commercial partnership for SiC devices
| 👁️ Expands beyond RF/mmWave & connectivity chips into power electronics, to tackle cost & scalability barriers for high-voltage SiC
| 🎯 Target - rail traction, industrial drives, power grid infra

🔗 Read more

🚀 ASTREVA Aerospace launches VETRIYAAN MISSION!

🇮🇳 Indian startup ASTREVA successfully launched a high-altitude scientific balloon from Karur, Tamil Nadu. Reaching 25.4 km in a 3-hour flight, it carried 1 satellite and 80 experimental payloads to mark 80 years of India's independence. Atmospheric, material, and biological experiments were conducted, and the payload was recovered via GPS near Nagampalli. 🎈🛰️✨ #Space

Assam turns Brahmaputra silt into building blocks with Rs 55-cr Tinsukia plant


Assam is looking to turn the Brahmaputra’s river silt into an industrial resource, with Chief Minister Himanta Biswa Sarma on Thursday inaugurating a Rs 55-crore green manufacturing facility in Tinsukia that aims to reduce reliance on red bricks

The green autoclaved aerated concrete (AAC) block plant, set up by Litebricks Pvt. Ltd, will use sediments from the Brahmaputra as raw material to manufacture construction blocks.

#infra

Source

CCS clears Rs 40,000 crore next-gen corvettes for Indian Navy; mega warship order for GRSE, Goa Shipyards

The Cabinet Committee on Security (CCS), chaired by Prime Minister Narendra Modi, has approved a project to build eight next-generation corvettes for the Indian Navy in a contract exceeding Rs 40,000 crore.

Senior government officials stated that the contract will be signed in the coming days with Garden Reach Shipbuilders, Kolkata, and Goa Shipyard Limited

#defence #aatmanirbharbharat

🔗Source

#ISRO has unveiled concrete BAS design details: 5 module station with internal & external robotic arms and humanoid robots. First module targeted for 2028, full station by 2035. BAS being designed for robotic-assisted operations from day one—not just a crewed lab but a maintainable, expandable orbital platform. #Space

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Air France suspends all flights to Riyadh until December 12 and to Dubai until November 7, citing the evolving security situation and potential escalation.

#Aviation

🇺🇸⚔️🇮🇷 US strike on Naval Base in Bandar-e-Jask, Southern Iran.

#InternationalNews

The world's largest Crypto exchange Binance has been hacked, with over $5.6 Billion USD stolen. This is the largest hack in Crypto history. #InternationalNews

🚀 Power Grid's capex to top ₹40k cr in FY27 says chairman Vamsi Rama Mohan Burra

| 🛸 FY26 capex was ~₹40k cr purely on transmission, guided ₹37k cr for FY27 but will be higher, transmission sector growth to drive order surge for cables & wires
| 👁️ ₹1L cr wires & cables industry counts transmission as biggest consumer, up to 1/3 demand from there, underground & submarine cables growing fast with RE, urbanisation & data centres
| 🎯 India added 5,000 ckm lines & 72k MVA capacity last FY, Green Energy Corridor-III ₹1.86L cr another big chance #Power

New Gujarat urban guidelines rank pedestrians 1st, private cars 5th for 2030 Commonwealth Games & 2036 Olympics.

🗺️ Mandates unobstructed footpaths, prioritizing walking, transit & cycling.
🛠️ Contractors must fix monsoon road damage in 24h & hold 3-year defect liability. #Infra

🚀 Centre to build 2.5L nuclear workforce for 100GW target post-SHANTI Act.

| 🛸 IITs/NITs to launch courses (PhD to ITI).
| 👁️ 1GW requires 2,000 skilled staff; 100GW needs ~2.5L in 25 years. CEA projects 13,600 professionals by 2032 (46k PHWR, 38k PWR, SMRs, FBRs).
| 🎯 Niti Aayog (JB Joshi) drafting framework & dedicated institute. IIT Bombay launching Nuclear Engg; IIT Kanpur, Madras, Jammu, Gandhinagar starting programs. #Jobs #Nuclear

🇮🇳 ED searches 3 locations over alleged ₹5,000 crore crypto-linked illegal cross-border transactions.

Bengaluru has been a Hotspot for high Crypto Volume transactions!

Mudrex & Saber money Raided by ED Bengaluru

#Finance #NationalSecurity

BREAKING:
Rafale Marine jet lands on Indian Navy’s INS Vikrant in maiden attempt, marking start of operational trials. #Defense

🚀 Cognizant in talks to back Sarvam AI at $4bn valuation

🛸 Nasdaq IT giant eyes small stake in $300 mn fresh round - more than double $1.5bn valuation from June

🎯 CEO Ravi Kumar S wants platform-led outcomes co, M&A to become AI builder, Sarvam hired ex-Google Cloud India head Sashikumar Sreedharan as President

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