Deepak kumar Blogs

  Despite US pressure and potential penalties, India has not directed its oil refiners to halt Russian crude purchases, prioritizing energy security and diplomatic ties. Refiners continue sourcing oil based on commercial factors, even as contingency plans for alternative sources are explored. India has not issued any directive to its oil refiners to halt purchases of Russian crude, Bloomberg reported, citing people familiar with the matter. The decision comes as the Indian government navigates its energy security needs while managing diplomatic ties with Moscow and avoiding further tensions with US President Donald Trump. According to Bloomberg sources who spoke on the condition of anonymity due to the sensitivity of the issue, no official decision has been made to stop imports from Russia. Both state-run and private refiners continue to source oil based on commercial considerations, and are permitted to buy from suppliers of their choice. The clarification follows Trump’s criticis...

  India is rapidly transforming its semiconductor industry with strong government support and significant investments, aiming to become a key global player. The India Semiconductor Mission, with a Rs 76,000 crore budget, drives manufacturing, design, and R&D. Approved projects from major companies like Tata and Micron will boost chip production. India is undergoing a major transformation in its semiconductor journey, rapidly building capabilities to become a critical player in the global chip value chain. The push is backed by significant policy support, large-scale investments, and a growing pool of skilled engineers, as per news agency ANI. Semiconductors, essential to devices ranging from smartphones and televisions to satellites, form the backbone of modern digital technologies. With the global chip market projected to cross $1 trillion by 2030, India is working to shift from being an import-dependent economy to becoming a trusted manufacturing and design partner globally, ...