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  • India’s firm commitment to self-reliance and smart policy initiatives has led to its burgeoning global presence in defense industry

  • Defense exports have increased 30 times in the last ten years, from ₹686 crore in FY 2013–14 to an all-time high of ₹21,083 crore in FY 2023-24

  • PLI scheme for drones and drone components was authorized by the central government in 2021, marking another step towards achieving the goal of an Aatmanirbhar Bharat

  • Over the past 11 years, PM Modi has guided India with a visionary blend of resolve, empathy, and bold decision-making

  • PM Modi's hands-on leadership has addressed the aspirations of 1.4 billion citizens, propelling India to global prominence and rewriting her destiny with a legacy of transformative promise

  • PM Modi's relentless focus saw over 80% of households gain access to piped drinking water by 2025, easing the burdens of women in water-scarce regions and improving health outcomes

  • India’s coffee exports in value terms increased 48 per cent in April to $202.95 million due to high prices for the commodity. In April last year, the coffee exports stood at $137.27 million

  • In the financial year ended March 2025, India had exported 3.89 lakh tonnes of coffee, valued at a record $1.82 billion.

  • During Jan 1-May 15 period, Arabica parchment shipments were up at 24,136 tonnes and the arabica cherry shipments also increased to 5,727 tonnes

  • LPG customers were served by a network of 25,542 LPG distributors. The report noted that 85 new distributorships were added during the financial year 2025: Report

  • LPG sales by public sector oil marketing companies grew 5.1 per cent year-on-year to nearly 31.2 million metric tonnes (MMT) in FY 2024-25

  • As on April 1, 2025, the total number of active domestic LPG customers served by IOCL, BPCL and HPCL stood at 32.97 crore: Report

  • Forex reserves had hit an all-time high of $705 billion in September 2024. So far in 2025, foreign exchange reserves have risen by $56 billion: Report

  • India’s foreign exchange reserves rose by $4.5 billion in the week ended 9 May to $690.6 billion, driven by a sharp rise in gold reserves: RBI data

  • Gold reserves increased by $4.5 billion during the week, while foreign currency assets — the largest component of the forex kitty — increased by only $196 million

  • The defence minister says the Indian Air Force had played a key role in the operation, which was aimed at countering terrorism

  • In Operation Sindoor, our armed forces not only dominated enemy but also succeeded in decimating them: Rajnath Singh

  • Operation Sindoor is not over yet. Whatever happened was just a trailer. When the right time comes, we will show the full picture to the world: Def Min

  • In his latest report, Chris Wood discusses reduced U.S.-China tariffs and the potential for India to gain from a shift in global trade dynamics

  • India’s scale, improving infrastructure, and business-friendly reforms put it in a strong position to attract global investment and manufacturing: Jefferies

  • Jefferies sees India as a relatively stable emerging market and a major winner from the global rebalancing of trade

  • The engineering goods sector emerged as the most significant contributor, accounting for 26.67 percent of India’s total exports, which amounted to USD 437.42 billion in 2024-25

  • India's exports in fiscal year 2024-25 were significantly boosted by key sectors like engineering goods, agriculture, pharmaceuticals, and electronics, collectively contributing over 50%

  • Electronic goods exports saw the highest growth, while engineering goods remained the top contributor. Agricultural exports also rose, with rice achieving a record high: Report

  • Preliminary data revealed a surge in petrol consumption by 10% in early May, driven by increased summer travel, reaching 1.5 million tonnes: Report

  • Diesel sales saw a modest 2% rise, signaling recovery with 3.36 million tonnes consumed. LPG consumption also experienced robust growth, fueled by Ujjwala connections: Report

  • Cooking gas sales during this period were 10% higher than the 1.22 million tonnes consumed during May 1-15, 2023, and 33% greater than the 1.01 million tonnes recorded in the first half of May 2021

  • Operation Sindoor is a unique symbol of PM Modi’s firm political will, the precise intelligence of our agencies and the unmatched strike capability of our three armed forces: Amit Shah

  • Under Operation Sindoor, India carried out precision strikes on terror infrastructure in Pakistan and PoK early on May 7 in response to the April 22 Pahalgam terror attack

  • PM Modi says Operation Sindoor was India’s new policy against terrorism and the country’s unwavering pledge for justice

  • ReNew Energy Global will invest ₹220 billion ($2.57 billion) in a hybrid renewable energy project in Andhra Pradesh, India, adding 2.8 GW capacity (1.8 GW solar, 1 GW wind)

  • ReNew Energy Global to set up $2.57 billion solar, wind project in India; this move supports India’s clean energy goals amid rising demand

  • With a 17.4 GW global portfolio, ReNew is India’s second-largest renewables firm after Adani Green: Report

  • India-UK FTA is set to provide a major boost to India’s textile exports and enhance profit margins for both established and emerging Indian exporters catering to the UK market: Report

  • India-UK FTA, finalized after over three years of negotiations, represents a major milestone in the trade relations between India and the United Kingdom: Report

  • India-UK FTA will generate near-term benefits and also enhance India’s long-term reputation as a reliable trade partner. It is expected to serve as a blueprint for future trade agreements: Report

  • India was successful in striking a much wider range of targets and executing more successful missions than Pakistan in the aggression by Islamabad following Operation Sindoor: Walter Ladwig

  • India’s response marked a shift in Indian government policy in terms of responding to terrorist attacks within India that it believes are linked to groups that operate in Pakistan: Walter Ladwig

  • Indian Air Force operated according to standard military procedures in the conflict and their ability to precisely strike a range of targets more or less precisely was quite impressive: Walter Ladwig

  • Akashteer, India's fully indigenous, automated Air Defence Control and Reporting System is no longer a concept confined to defence journals, but a sharp edge of India's air defence

  • Akashteer has demonstrated that it sees, decides, and strikes faster than anything the world has fielded. Experts worldwide are calling Akashteer a "seismic shift in warfare strategy."

  • India targets Rs 3 lakh crore in defence production by 2029, reinforcing its position as a global defence manufacturing hub

  • India will close the 2024-25 sugar marketing season with a closing stock of around 52-53 lakh tonnes, believed to be a comfortable buffer: ISMA

  • As per the supplies upto April 30, 2025, approximately 27 lakh tonnes of sugar have been diverted for ethanol production during the current season

  • The 2024-25 sugar season is projected to conclude with a net sugar production of approximately 261 to 262 lakh tonnes.

  • Operation Sindoor heralds India’s steady emergence, under PM Modi’s leadership, as a responsible power with an unprecedented level of self-control and focus

  • The rallying by the global community on the side of India created a support for India’s right to exercise the option of retaliation. Diplomatic visits that PM Modi has undertaken made this possible

  • PM Modi is the only global leader to call the bluff on the dubious distinction between “good terrorism" and “bad terrorism"

  • India remains the fastest-growing large economy and is expected to record a 6.3% growth this fiscal year: UN

  • The WESP report said India's economy is projected to grow a tad faster next year at 6.4%

  • The IMF projected India's economy to grow by 6.2% this year and 6.3% next year

  • The Atal Pension Yojana (APY), India’s flagship retirement savings scheme for the unorganised sector, has crossed a major milestone with over 7.65 crore subscribers: Data

  • The Atal Pension Yojana has seen a steady increase in female participation, with women now accounting for approximately 48% of the total subscriber base: Data

  • Open to Indian citizens between the ages of 18 and 40, Atal Pension Yojana provides a fixed pension ranging from Rs 1,000 to Rs 5,000 per month starting at age 60

  • ISRO will launch its 101st satellite on May 18, its Chairman V Narayanan announced

  • The PSLV bolsters India's surveillance and disaster management capabilities

  • ISRO's missions were driven by the country's requirements in diverse fields, and it was technologically capable of delivering them: Chairman V Narayanan

  • India posted the country’s highest number of outbound travelers on record in 2024, as per Travel Trends 2025

  • Indian tourists are exploring a 'broad mix' of destinations—the top three being Abu Dhabi, Hanoi, and Bali: Report

  • India’s travel growth is supported by expanded direct flight connections and a rapidly growing middle class that is eager to travel

  • In a first of its kind national initiative to combat industrial carbon emissions, the Centre has approved setting up five carbon capture and utilisation(CCU) testbeds

  • The carbon capture and utilisation testbeds holds significant importance in hard-to-abate sectors like cement, steel, power, oil & natural gas, chemicals & fertilisers in reducing emissions

  • The centre’s setting up of five carbon capture and utilisation(CCU) testbeds will help achieve the country’s 2070 ‘net zero’ (carbon neutrality) goal

  • India reportedly deployed multiple advanced weapon systems, including BrahMos supersonic cruise missiles, Akash air defense missiles, and D4 anti-drone systems in Operation Sindoor

  • The aim is to increase the defence exports figure to Rs 50,000 crore by 2029, and make India a developed nation and the world's largest defence exporter by 2047: Official

  • Indigenous systems such as the Akash demonstrated exceptional performance in Operation Sindoor: Official

  • Operation Sindoor not only avenged the loss of innocent lives but also redefined India’s national security doctrine, establishing a “new normal"

  • Terror and talks can’t go together; terror and trade can’t go together; blood and water can’t flow together: PM Modi

  • India has laid down a new red line with this military operation on terrorism, calling it the new normal: PM Modi

  • India's oil demand is expected to grow at the fastest pace among major economies and double the rate of rise in China in 2025 and 2026: OPEC

  • Overall, in 2025, oil product demand in India is expected to grow by 188,000 bpd, year-on-year, to average 5.7 million bpd: OPEC

  • India's economy is expected to continue expanding amid strong manufacturing and service sector activities, supported by a continuation of current government support: OPEC Report

  • When it comes to total production of passenger vehicles, three-wheelers, two-wheelers, and quadricycle in April 2025, the numbers added up to 2,318,882 units

  • As per SIAM data, 3,48,847 units of passenger vehicles were sold in April, up from 3,35,629 units in the same period a year ago

  • Two-wheeler sales were 1,458,784 units in April 2025: Data

  • Operation Sindoor gave a convincing demonstration of the superiority of India’s defence capabilities over Pakistan

  • The impeccable guidance and navigation technologies were one of the key highlights of Op Sindoor. The level of precision that was achieved is the best that anyone elsewhere can get: Expert

  • The Russian S-400 system has come in for a lot of praise in recent days. PM Modi himself acknowledged its importance by posing next to an S-400 launcher at Adampur Air Force Station

  • The Sky Striker, a loitering munition drone developed by a Bangalore-based company in partnership with Elbit and Alpha Design, has gained global attention

  • With a range of 100 kilometers and a payload capacity of 5-10 kg, the Sky Striker offers high precision attacks within 1 meter accuracy

  • The Sky Striker’s small size, radar-absorbent material, and silent operation make it difficult to detect. It can be controlled remotely or use GPS coordinates, with the ability to be recalled if unused

  • Telecommunication services have emerged as a truly transformative force and has changed the way we interact with one another and also contributed to the creation of a digitally connected society

  • With a combination of policy support, sustained investments and homegrown innovation, the telecom sector has worked to make digital tools more accessible and affordable

  • The government’s vision of Digital India has provided a major push in expanding internet access and digital literacy, especially in rural and semi-urban areas

  • India’s merchandise exports registered a healthy 9.02% growth year on year in April, as the value of exports touched $38.49 billion as compared to $35.3 billion in April 2024

  • Electronic goods exports increased by 39.51% while engineering goods exports registered a 11.28% growth year on year in April 2025 respectively: Commerce Ministry

  • Gems & Jewellery exports recorded double-digit growth to touch $2.5 billion in April 2025: Commerce Ministry

  • The area under fruit plantations in Maharashtra increased by 68,541 hectares, from 13.32 lakh hectares in 2023-24 to 14 lakh hectares in 2024-25

  • Maharashtra govt implemented several schemes to promote the fruits varieties and encouraged farmers to switch to fruit cultivation: Expert

  • This year, several farmers from Solapur exported bananas to Gulf countries. Private agencies have ventured into the agriculture export business. They are tapping farmers across the state

  • The success of “Operation Sindoor” will give the Indian armed forces the confidence to go forward in building and honing its capacities further

  • India was within its rights to undertake Operation Sindoor, and now is the time to dispassionately analyse this decision

  • PM Modi’s visit to Adampur air base in Punjab’s Jalandhar district on May 13 was a masterstroke that exposed Pakistan’s humongous lies

  • Processions were taken out in Srinagar, Bengaluru and Jaipur on May 15 by the BJP on the third day of its 11-day Tiranga Yatra programme, being held to honour the armed forces

  • People showered flowers on the Tiranga Yatra procession at multiple points. The BJP put up a cut-out of Prime Minister Narendra Modi dressed in Army fatigues

  • Sending out a message of communal unity, members of the minority community welcomed the march at Jama Masjid

  • India’s battle-tested air defence systems have proven their worth and the Indian defence stocks have started to skyrocket

  • India has maintained the suspension of the Indus Water Treaty, and the US has acknowledged India’s revised war doctrine, which declares “any future terror attack will be treated as an act of war"

  • Instead of rushing in with a retaliation after Pahalgam terror attack, our government and security forces took their time to identify and locate major terrorist training camps and launch pads

  • Defence sovereignty is vital for a nation's true independence. Buying weapons and military equipment from abroad amounts to outsourcing national security

  • Today, under PM Modi's leadership, India's expanding defence industrial ecosystem is providing unprecedented strength to the nation, firmly securing its strategic interests

  • The induction of 36 Rafale fighter jets from France enhanced India's air capabilities. Fitted with SCALP missiles, the Rafale jets have given India a decisive edge over Pakistan's US-made F-16 fighters

  • India Semiconductor Mission (ISM) aims to reduce India’s dependence on chip imports, boost domestic production, and make India a hub for global chipmakers

  • The Union Cabinet approved a new semiconductor manufacturing facility, a joint venture between HCL and Taiwanese electronics giant Foxconn at UP

  • India’s semiconductor market was valued at $45 billion in 2023 and is expected to cross $100 billion by 2030: ET Report

  • After just four days of calibrated military action, it is objectively conclusive: India achieved a massive victory: John Spencer, one of the world’s foremost authorities on modern combat

  • Operation Sindoor met and exceeded its strategic aims: John Spencer, one of the world’s foremost authorities on modern combat

  • Operation Sindoor represents: Not just retaliation, but redefinition: John Spencer, one of the world’s foremost authorities on modern combat

  • National Manufacturing Mission (NMM), announced in this year's budget, attempts to push 'Make in India' into top gear

  • The announcement of the National Manufacturing Mission (NMM) comes at an opportune moment. As global brands seek to relocate production, India must ride the upswell of manufacturing opportunity

  • In auto sector momentum exists in eight clusters, including NCR, Pune and Chennai, that have attracted both domestic and global players: NITI Aayog

  • In a significant stride for India's semiconductor ambitions, the government has approved a new semiconductor manufacturing unit at Jewar with a financial outlay of Rs.3,706 crore

  • Jewar project aligns with the goals of the India Semiconductor Mission, which aims to incentivize the development of a comprehensive semiconductor ecosystem within the country

  • The unit at Jewar will have 20,000 wafers per month capacity, and the chips 36 million (3.6 crore) per month: Report

  • India has replaced Japan as fund managers’ top Asian stock market pick, as the South Asian nation is likely to benefit from supply chain shifts: BofA Securities’ survey

  • In India, infrastructure and consumption continue to be the primary themes that investors are keenly monitoring

  • India’s stock benchmark, the Nifty 50 Index, has outperformed many of their Asian peers: BofA Securities’ survey

The Modi mantra

May 15, 2025

  • PM, in his address to the nation, effectively announced a new, emphatic Modi doctrine

  • The new, emphatic Modi doctrine involves no compromise with terrorism, no giving in to Pakistan’s nuclear blackmail, and no distinction to be made between terrorists and their backers

  • New red lines have been drawn, where past strategic restraint is going to morph into strategic action against those who will target India and its people

  • Post Operation Sindoor what is becoming clear is the resounding success of India’s nascent defence industry

  • It is believed India used BrahMos supersonic cruise missiles to inflict damage to terror bases and military installations

  • The world now recognises that the time for Made-in-India defence equipment in 21st-century warfare has arrived: PM Modi

  • India asserted it circumvented Pakistan’s air defence systems of Chinese-origin to carry out the strikes against the nine terror hubs without crossing the border

  • From air defence systems to drones, from counter-UAS capabilities to net-centric warfare platforms, indigenous technology has delivered where it mattered

  • Operation Sindoor emerged as a calibrated military response to an evolving pattern of asymmetric warfare, one that increasingly targets unarmed civilians along with military personnel

  • Not only did India, for the first time since 1971, hit targets deep in Pakistan beyond PoK, it did so with weapons developed in India

  • India employed weapons like BrahMos, Akash, D-4 anti drone system developed indigenously and some in collaboration with Russia and Israel in Operation Sindoor to strike back terror

  • India’s employment of indigenously developed weapons stood in stark contrast with Pakistan’s almost complete dependence on Chinese equipment

  • The Central government is planning to install higher capacity chargers of 360 kW along highways, expressways and on bus stops to bring down the charging time to just 15 mins

  • According to the latest guidelines from the power ministry, minimum charger capacities are 12 kW for e2w and e3w, 60 kW for e4w, and 240 kW for e-buses and e-trucks

  • The government’s plan to install higher capacity chargers of 360 kW will be applicable to heavy-duty electric vehicles and compatible premium cars like Jaguar and Mercedes

  • 96 per cent of the C-130J aircraft wing is now produced in India: Major Partha P Roy, Lockheed Martin

  • The helicopter cabin used by former US President Donald Trump is manufactured by Indian engineers in Andhra Pradesh: Major Partha P Roy

  • India is not just a defence partner—it’s a rising powerhouse shaping the future of aerospace, satellite communications, and human spaceflight: Major Partha P Roy

  • India’s wholesale price index (WPI)-based inflation fell sharply to 0.85% in April 2025 from 2.05% in March: Ministry of Commerce & Industry

  • Some key changes include a sharp fall in crude petroleum and natural gas prices by 5.31%, and non-food article prices dropped by 1.78%: Data

  • India’s retail inflation fell to its lowest level since July 2019, with the CPI for April 2025 recorded at 3.16% year-on-year: Data

  • Following the Pahalgam terror attack, India's retaliatory strikes into Pakistan, leveraging drones and standoff weapons, have redefined conflict engagement

  • India has introduced a layer of strategic ambiguity - one that expands its toolkit vis-a-vis Pakistan in the space between conventional and nuclear

  • Over the last two decades, the Indian military has integrated drones for surveillance, targeting support and striking high-value targets

  • Operation Sindoor, the political decision to mount it, and the armed forces' ability to execute it, are commendable

  • India must counter Pakistan's threat by undermining the two-nation theory through internal reforms and superior defense capabilities

  • Through Operation Sindoor, India has been able to strike inside Pakistan and disable air defence systems and bases. Such ability is a function of military superiority

  • India held a tactical advantage during its four-day military clash with Pakistan, according to high-resolution satellite imagery: Report

  • The most significant hits was the Nur Khan airbase, located within 15 miles of Pakistan’s Army headquarters and the Prime Minister’s office

  • The satellite evidence showed that most of the structural damage during this conflict occurred at Pakistani sites — validating India’s claims of operational success

  • ECB registrations by companies, including non-banking finance companies, stood at more than $11 billion in March 2025: RBI

  • Nearly 44% of total ECBs registered during April 2024-February 2025 were for capital expenditure, including on-lending/sub-lending: RBI

  • Borrowing numbers for FY25 is the highest since FY2005. NBFCs borrowed $21.6 billion out of the total ECB borrowings of $50.1 billion till February of FY25: RBI