Defense Productions 📈 🔫

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March 25, 2025

Hello, Earthlings! Stay weird and wonderful, always!

Heres whats going on in 🇮🇳

  • India’s Defense Productions Soars

  • Mann Ki Baat

  • Calls for Action Following Cash Recovery

India's Defense Production Soars: A Record ₹1,27,000 Crore in 2023-24

India's indigenous defense production reached a record ₹1,27,000 crore in 2023-24, a 174% increase from ₹46,429 crore in 2014-15. This signifies a major shift from reliance on foreign suppliers. Defense exports also soared from ₹686 crore in 2013-14 to over ₹21,000 crore in 2023-24, a 30-fold increase. Government initiatives to improve the ease of doing business in the sector have contributed to this growth.

Why it's important: India's booming indigenous defense production strengthens national security, reduces reliance on foreign arms, and boosts the domestic economy.

PM Modi Invites Citizen Inputs for 120th Episode

Prime Minister Narendra Modi invites citizen inputs for the 120th episode of Mann Ki Baat on Akashvani, airing on 30th of this month. Submissions can be made via toll-free number 1800-11-7800, Narendra Modi App, or MyGov Open Forum until 28th. The programme will be broadcast across Akashvani, Doordarshan, and online platforms, including YouTube live streams. Mr. Modi highlighted the power of collective efforts for social good demonstrated by citizen participation.

Why it's important: Mann Ki Baat fosters citizen engagement and facilitates a direct dialogue between the Prime Minister and the public on matters of national importance.

Dhankhar Calls for Action Following Cash Recovery from Delhi High Court Justice's Residence

Rajya Sabha Chairman Jagdeep Dhankhar expressed concern regarding cash recovery from a Delhi High Court Justice's residence. He met with JP Nadda and Mallikarjun Kharge to discuss the matter. Dhankhar praised Chief Justice Sanjiv Khanna's swift action and the formation of a committee to investigate. He suggested awaiting the committee's findings before further action, and plans to convene a meeting with floor leaders to discuss the issue. Dhankhar aims to eradicate such occurrences.

Why it's important: Maintaining judicial integrity is crucial for public trust and confidence in the legal system; this necessitates a thorough investigation and appropriate action.

Global Chronicles 🌐 

  • A 6.8 magnitude earthquake struck New Zealand's Riverton coast at 10 km depth, prompting beach and marine area evacuations in Southland and Fiordland until an official all-clear.

  • Russia is expanding its strategic partnerships globally, prioritizing ties with China, India, Iran, North Korea, and CIS countries.

Market Movers 🤑 

  • Indian indices surged for a sixth consecutive session, with Sensex closing at 77,984 (+1,079 points) and Nifty at 23,658 (+308 points), driven by banking, financial, and realty sectors, while the rupee strengthened to 85.64 against the US dollar.

  • US sanctions on Iranian oil exports boosted Brent Crude to $72.66/barrel (+0.7%) and WTI Crude to $68.81/barrel (+0.7%).

Sports Spectacle 🏅 

  • Yuki Bhambri and Nuno Borges advanced to the Miami Open Men's Doubles quarterfinals, defeating Pavlásek/Murray 7-6, 6-2, and will face Glasspool/Cash tomorrow.

  • Delhi Capitals beat Lucknow Super Giants by one wicket in a thrilling IPL match, chasing 210 with Ashutosh Sharma's unbeaten 66 and Vipraj Nigam's 39 leading the charge.

Meme of the day

Thank you for being awesome readers and staying informed with our news updates! We look forward to having you join us again on the next one for more exciting stories.

Stay curious and keep smiling!
Synapses 🔗