News For 12th-Apr (Friday)

1. Tata Advanced Systems Ltd (TASL), in collaboration with Satellogic, has successfully launched India’s inaugural private sector-built sub-metre resolution earth observation satellite, TSAT-1A.
2. India has secured operational control over Sittwe Port in Myanmar, expanding its maritime presence after Chabahar.
3. China has become the largest importer of Russian seaborne crude, surpassing India, due to India's slowdown in imports amidst sanctions and rising price.
4. Pradhan Mantri Mudra Yojana (PMMY) witnessed a record surge, crossing the ?5 lakh crore milestone, as per recent government data.
5. Indian Navy has signed a contract with Astra Premier, Coimbatore, under iDEX Open Challenge 9.0 towards Design & Development of Indigenous Aircraft Towbarless Battery Powered Tug for Indian Navy.
6. RBI Governor Shaktikanta Das says that, India's Foreign exchange reserves reached an all-time high of $645.6 billion as of March 29, 2024.
7. Australia has Committed $1.3 Billion Investment in Southeast Asia.
8. Cochin Shipyard Limited (CSL), a state-run shipbuilding facility in Kochi, has become the third Indian shipyard to enter into a Master Shipyard Repair Agreement (MRSA) with the U.S. Navy.
9. The Indian Army has received the first batch of 24 Russia-made Igla-S Man Portable Air Defence Systems (MANPADS) and 100 missiles as part of a larger deal that includes domestic production in India.
10. India’s stock market capitalization is currently the fifth largest globally at $4.5 trillion, according to a report titled ‘Recap 2024.
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