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Dr Jitendra Singh, Minister of State (Independent Charge) for Science and Technology and Earth Sciences, announced that ₹1,000 crore (approximately $120 million) has been allocated for a venture fund aimed at supporting space startups in India.

During the sixth consecutive India-United States (US) Commercial Dialogue, a Memorandum of Understanding (MoU) was signed to “Expand and Diversify Critical Mineral Supply Chains.” This agreement aims to enhance cooperation in critical minerals exploration, extraction, processing, recycling, and related activities by leveraging the complementary strengths of both countries.

India has become an affiliate member of the International Medical Device Regulators Forum (IMDRF). The IMDRF, founded in 2011, is a global alliance of medical device regulators working to promote global regulatory harmonisation and convergence.

The Union Cabinet has approved India’s membership in the International Energy Efficiency Hub (IEEH), enabling collaboration with 16 countries to share energy strategies and solutions to improve energy efficiency.

According to Minister for Commerce and Industry, Piyush Goyal, investments under the Production Linked Incentives (PLI) are said to increase to ₹2 lakh crore ($24.1 billion), which stood at ₹1.46 lakh crore ($17.6 billion) in August 2024. He added, that PLIs have already resulted in production/sales

The Reserve Bank of India (RBI) shifts monetary policy stance to neutral. Repo rate unchanged at 6.5%, brings relief to lenders.

Highlights include PM Modi's upcoming visit to Laos for the ASEAN-India Summit, the National Conference's victory in J&K elections, and the BJP's third consecutive win in Haryana.

Exit polls wrong once again, BJP bags Haryana elections and Congress alliance set to form government in Jammu & Kashmir.