“🚀 Gear Up: India Gets 2nd GE‑404 Engine for Tejas Mk 1A 12 Jets Lined Up by Year‑End!”
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Welcome to Today’s Bharat! We’re excited to be your friendly guide to all the latest and greatest updates on what’s happening in India. In today’s edition, you’ll find a lively overview of everything from cool defence advancements and economic news to important policy changes and international relations. No matter where you are at home, at work, or out and about, let our summary keep you in the loop and connected to what matters. Enjoy the read!
Twelve Light Combat Aircraft (LCA) Tejas will be ready to be rolled out by December this year, of which six have already been lined up, government officials privy to the latest developments have said.
Tejas Mk1A Takes Flight: India has received the second GE F404‑IN20 engine for the Tejas Mk1A fighter jet from the US, with deliveries ramping up to two per month through March 2026. HAL anticipates delivering 12 jets this year and deems this a major boost to its indigenous airpower ambitions.
🏛️ Governance & Policy
J&K Statehood Push: Congress leaders Rahul Gandhi and Mallikarjun Kharge have petitioned PM Modi to restore statehood for Jammu & Kashmir via a monsoon-session bill, a move supported by CM Omar Abdullah.
Chhattisgarh Sanitation Honours: Seven urban local bodies from Chhattisgarh will be recognized today at a national ceremony in New Delhi for their Swachh Survekshan achievements.
📈 Economy & Markets
Markets Cautious Amid Powell Uncertainty: The Nifty 50 and Sensex edged down ~0.2%, with Tech Mahindra down 1.5%, as investors await clarity on US Fed Chair Powell’s term. Mixed earnings in IT were offset by gains in healthcare, auto, and mining; Ixigo-parent Le Travenues jumped 11% on strong results.
Inflation Cooling, RBI Under Pressure: Retail inflation has fallen to a six-year low, prompting calls for another RBI rate cut in September or October, though weak consumption may limit further policy easing.
🌱 Environment & Monsoon
Flood Alert in Varanasi: The Ganga River is nearing danger levels following heavy rain, triggering flood alerts in parts of Uttar Pradesh like Varanasi and Prayagraj.
🛡️ Defence & Security
Cross‑Border Drone Operations: On July 13, Indian drones reportedly struck insurgent camps of ULFA-I, NSCN, and PLA in Myanmar’s border area. While insurgents report several fatalities, the Indian Army has neither confirmed nor denied the strikes.
📌 Regional
Staff Crunch in Rajasthan: The Rajasthan Pollution Control Board is operating at just 35% of mandated staffing levels, prompting a Supreme Court contempt notice. A hearing is scheduled for July 18.
Meghalaya Bank Holiday: Banks are closed in Meghalaya today, July 17, in observance of U Tirot Singh’s death anniversary; elsewhere, banking services run as usual.
🌍 International & Trade
India-US Trade Momentum: President Trump indicated that a bilateral trade deal with India may be finalized before August 1, aligning with reciprocal tariff policies.
NATO's Stance on Global Trade: NATO Secretary-General Mark Rutte has warned India, China, and Brazil of potential secondary sanctions if they continue business engagements with certain nations, reflecting the complex dynamics of international trade relations.
🌱 Energy & Infrastructure
Renewable Energy Milestone: India has achieved a significant climate goal by reaching 50.1% of its installed electricity capacity from non-fossil fuel sources, five years ahead of its 2030 Paris Agreement target. This progress is largely attributed to the rapid expansion of solar and wind energy projects.
Sigandur Bridge Inauguration: Union Minister Nitin Gadkari inaugurated the 2.44 km Sigandur Bridge in Karnataka's Shivamogga district. As India's second-longest cable-stayed bridge, it enhances connectivity across the Sharavathi backwaters, linking Sagara town with Marakutika.
📈 Market Insights
Stock Recommendations: Analysts suggest buying Hero MotoCorp and Tata Power, citing bullish patterns, while recommending selling Solar Industries India due to anticipated profit-taking.
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