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The CII is eager to work with the government to make Tamil Nadu a $1 trillion economy by 2030.

Politics (developmental plans implementation)

Tamil Nadu state Chief Minister Dr.Stalin welcomes C2 keen, India

On Monday, a high-level delegation from the Confederation of Indian Industry (CII) met with Chief Minister M.K. Stalin to discuss areas where the CII and the State Government can collaborate to make Tamil Nadu a $1 trillion economy by 2030.

The delegation was led by C.K. Ranganathan, chairman of the CII’s Southern Region. He stated that the government should prioritise defence and aerospace, as well as future technology companies, start-ups, and fintech, in order to spur investment and job creation.

The delegation proposed that the government develop a focused agenda for future start-ups and tech firms. It also urged the Chief Minister to develop a dedicated policy for creating a conducive environment.It also urged the Chief Minister to develop a policy focused on creating an environment conducive to investment in emerging technologies, start-ups, and fintech.

Mr. Ranganathan emphasised the importance of promoting the Defence Industrial Corridor, which would benefit the state’s micro, small, and medium-sized businesses. More investment in defence manufacturing would aid in the development of these units’ competitiveness. He stated that the CII was working on a report on the opportunities for defence industries in the state.

S. Chandrakumar, Chairman, CII, Tamil Nadu, highlighted the CII’s initiatives in the state and praised the Chief Minister for his efforts to promote industrial development, such as the establishment of industrial parks in Tier II and Tier III cities, information technology parks, and road and highway development.

Pakistan Navy claims to have prevented Indian submarine from entering its waters.

Naval force (Pak vs Ind)

Indian submarine in their adventurous journey

According to a statement, Pakistan’s navy claims it “detected and blocked” an Indian military submarine from entering Pakistani territorial waters earlier this week – the third such reported incursion by an Indian submersible vessel since 2016.

High oil prices to hurt world economic recovery: India to OPEC

Business (warning for OPEC and its nations)

Warning signal for high petrol price to OPEC from India

According to a top official, India, the world’s third-largest energy consumer, has urged Saudi Arabia and other OPEC nations that high oil prices will harm the world’s embryonic economic recovery following the terrible pandemic, and that they must price oil at acceptable levels. After a series of price hikes that began in early May, gasoline and diesel prices have soared to new highs across the country.
India, which imports over two-thirds of its oil from West Asia, has warned crude oil producers, particularly OPEC, that rising oil prices will expedite the switch to alternative fuels.

Rishabh Pant Starts his NFT Journey with Rario

Sports (Cricket field NFT)

Rishabh Rajendra Pant is an Indian cricketer who plays as a middle order wicket-keeper batsman for India, Delhi, and the Delhi Capitals in the Indian Premier League

Rishabh Pant, the captain of the Delhi Capitals, has signed another lucrative contract with cricket NFT platform Rario.

He is the latest cricketer to take advantage of the growing popularity of NFTs by entering into an exclusive partnership.

NITI Aayog reveals Geospatial Energy Map of India in collaboration with ISRO

Space (ISRO)

A geographic information system (GIS) is a system that creates, manages, analyzes, and maps all types of data.

“NITI Aayog, in collaboration with the Indian Space Research Organization (ISRO), has developed a comprehensive Geographic Information System (GIS) Energy Map of India with the support of the Government of India’s Energy Ministries,” the Aayog said in a statement.

Boris Johnson says UK doesn’t want to turn away Chinese investment

UK dependence

Alexander Boris de Pfeffel Johnson – British politician and writer serving as Prime Minister of the United Kingdom and Leader of the Conservative Party since July 2019.

Despite the concerns of some of his own lawmakers, Prime Minister Boris Johnson has stated that he will not “pitchfork away” Chinese investment offers. Decisions to bar Chinese firms from Britain’s fifth-generation communication networks and nuclear power, as well as condemnation of China’s human-rights record, have strained relations with Beijing in recent years, but Johnson insists he is pro-China.

China, travel recovery push RIL’s refining margins higher

Refinery Business (pressure from China & expectation from native)

Refining margins have risen for the first time since the pandemic, and with travel picking up and China pressuring energy-intensive industries to reduce emissions, analysts expect Reliance Industries Ltd’s refining margins to strengthen (RIL). As China tightens oversight of projects with high energy consumption and carbon emissions, refinery throughput in the country fell to a 15-month low in August. By August, China’s diesel exports had fallen by 80% from the June quarter average and are expected to remain low in September. Analysts see RIL as a beneficiary, with diesel accounting for more than half of its refinery slate (capacity).

Delhi and Tamil Nadu homes make biggest shift towards electric cooking

Census (Survey analysis on e-cooking)

census on LPG & e-cooking appliance users by CEEW(The Council on Energy, Environment and Water, commonly known as CEEW, is a Delhi-based not-for-profit policy research institution.)

The CEEW study also found that 93 per cent of e-Cooking adopters still rely on liquefied petroleum gas (LPG) as the primary cooking fuel and use eCooking devices as a backup

According to a study conducted by the Council on Energy, Environment, and Water, Delhi, Tamil Nadu, Telangana, Assam, and Kerala are leading the transition to electric cooking (CEEW). Residents in these states prefer electric cooking appliances like induction cooktops, rice cookers, and microwave ovens to Liquefied Petroleum Gas (LPG).
“In Delhi and Tamil Nadu, 17% of households have adopted some form of electric cooking, while Telangana has a 15% adoption rate.” “The CEEW study found that 12% of households in Kerala and Assam have partially switched to e-cooking.”

International flights connecting Srinagar to the rest of the globe will begin on October 23.

India (Union flight service – coming soon)

Airport will be developed soon in Srinagar, India(sample photo of a airline)

According to an official press release, Divisional Commissioner of Kashmir Pandurang K Pole held a meeting on Monday to discuss the operation of international flights from Srinagar International Airport, as well as the necessary arrangements and passenger management in light of the COVID-19 pandemic. International planes connecting Kashmir to the rest of the world will begin operating on October 23. Deputy Commissioner Budgam, Director Airport Authority Srinagar, Regional Director Bureau of Civil Aviation, Srinagar, DirectorHealth ServicesKashmir, Commandant CISF, Airport Srinagar, CMO Budgam, CMOSrinagar, and DrGazala of Airport Srinagar were among those who attended the meeting.

CoinDCX appoints Ayushmann Khurrana as brand ambassador

Business (Marketing mentor)

Ayushmann Khurrana – an Indian actor, singer, writer and television host who works in Hindi films.

CoinDCX announced on Monday that actor Ayushmann Khurrana has been named as its new face. The announcement comes just days after actor Amitabh Bachchan announced that he is postponing his endorsement deal with CoinDCX until the legality of cryptocurrency in India is clarified.

According to Ray Dalio, the workplace will never be the same as it was before Covid.

Business (Infrastructural update)

Raymond Thomas Dalio – an American billionaire investor and hedge fund manager, who has served as co-chief investment officer of the world’s largest hedge fund, Bridgewater Associates, since 1985. He founded Bridgewater in 1975 in New York.

As flexibility and technology become the key driving forces in the new world, billionaire investor Ray Dalio believes the workplace would never revert to pre-pandemic norms.

“The future of the workplace will most likely be defined by two factors: customisation and technology. We’ve been given the gift of being able to reassess our actions “Dalio remarked this at CNBC’s @Work Summit on Wednesday. “I don’t believe we’ll ever return to the old world.”