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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102511) | |
1771. Fifth Fast Patrol Vessel 'Achal' built by Goa Shipyard launched for ICG
- ‘Achal’, the fifth in a series of eight Fast Patrol Vessels being built by Goa Shipyard Ltd (GSL) for the Indian Coast Guard, was ceremoniously launched on June 16,2025. in Goa. The vessel is 52 meters long, 8 meters wide, has a displacement of 320 tons, and can reach a top speed of 27 knots.
- The vessel was designed under strict dual-class certification from the American Bureau of Shipping and the Indian Register of Shipping. It is equipped for coastal protection, surveillance, and safeguarding offshore assets and island territories.
- Constructed at a cost of ₹473 crore, the project has significantly supported local industries and MSMEs by generating employment and encouraging domestic production. It marks a major step toward Aatmanirbharta (self-reliance) in India's defence manufacturing sector.
1772. "Heartfelt gratitude to PM Modi, Nitin Gadkari": Dy CM Diya Kumari on Rs 1,914 crore nod for 40 Rajasthan road projects
- Rajasthan Deputy Chief Minister on 16 June, 2025, expressed gratitude to Prime Minister and Union Road Transport and Highways Minister for approving Rs 1,914.71 crore for 40 state road projects under the Central Road Infrastructure Fund (CRIF).
- The projects, covering a total length of 1,000.90 kilometres, aim to enhance road connectivity and travel efficiency across the state.
- Deputy Chief Minister added "These projects mainly include strengthening and widening of sections of various state roads (31 major district roads, 8 state highways and 1 other district road).
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1773. India's NSE and Cyprus Stock Exchange sign MoU to boost cross-border investments
- On 16 june 2025, During Prime Minister of India visit to Cyprus, the National Payments Corporation of India (NPCI) and Eurobank of Cyprus signed an MoU to introduce UPI services in Cyprus, aiming to facilitate cross-border transactions and benefit both tourists and businesses.
- The agreement was among several key outcomes as both nations agreed to deepen cooperation in trade and investment. The initiative aims to benefit investors in both Cyprus and India and encourage cross-border capital flows between the two regions.
- The fund will invest in public equities and emerging technologies aligned with the "Make in India" initiative, especially in AgroTech, clean logistics, and drone applications, key sectors for improving rural productivity and sustainable growth.
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1774. 100 m-long 'Make in India' steel bridge launched over DFC tracks for Mumbai-Ahmedabad Bullet Train project
- In a major milestone for the Mumbai-Ahmedabad Bullet Train project, a 100-metre-long steel bridge was successfully launched over the Dedicated Freight Corridor near Bharuch, Gujarat, as confirmed by NHSRCL, on 16 June 2025.
- The bridge was fabricated in Trichy and installed using an 84-metre launching nose, semi-automatic jacks, and over 55,000 high-strength bolts on temporary trestles.
- NHSRCL said, "Out of 300 km of superstructure, 257.4 km is constructed through Full Span Launching Method (FSLM) including 14 river bridges, 37.8 km through Span by Span (SBS), 0.9 km steel bridges (10 spans ranging from 60 to 130 m in 7 bridges), 1.2 km PSC bridges (20 spans ranging from 40 to 80 m in 5 bridges) and 2.7 km in station building."
1775. India Steps Into New Era Of Secure Quantum Communication: Defence Ministry Shares Big Update
- On 16 June 2025, It was reported that, The Ministry of Defence stated that DRDO and IIT Delhi had successfully conducted a quantum communication test on the IIT Delhi campus.
- In their test, They used quantum entanglement and a free-space optical link to send secure messages over 1 km, achieving a key rate of 240 bits per second with minimal errors.
- The test was seen as a major step forward in cybersecurity and military technology, as it promised highly secure communication for future use in critical sectors.
1776. Toy industry booming with 239% rise in exports in FY23 over FY15; Toy Biz International Expo expecting buyers from 25 countries in July
- On 16 June 2025 It was reported that, India recorded a sharp jump in toy exports, where toy imports declined by more than 70% in the toys between fy2018-19 and fy2023-24, and exports increased by more than 60%, making India a strong presence in the global market.
- Steps such as increasing custom duty up to 60%, compulsory BIS certification and tightening quality standards reduced the dependence of Chinese toys and promoted Indian construction.
- The US and European retail giants such as Walmart, Hamleys and Lulu Group showed interest in Indian toy makers, leading India to emerge as a trusted and competitive partner in the global supply chain.
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1777. Finance Minister Nirmala Sitharaman inaugurates developmental projects in Ladakh
- On 15 June 2025 it was reported that Finance Minister inaugurated multiple developmental projects in Leh, Ladakh, and disbursed loans worth ₹5.13 crore under Central Government schemes during a Credit Outreach Programme.
- The minister interacted with local entrepreneurs, artisans, and women-led Self Help Groups, encouraging beneficiaries like Rinchen Dolma under the PM Mudra Scheme to scale up their ventures.
- The Minister’s four-day visit also included cultural stops at Leh Palace and Shanti Stupa, reinforcing the government’s focus on inclusive growth and rural entrepreneurship in the Union Territory.
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1778. HBL Engineering bags ₹132.95 cr railway contract for Kavach safety system
- On 15 June 2025, HBL Engineering Ltd secured a ₹132.95 crore contract from South Central Railway to deploy the Kavach safety system over 446 km, covering 48 stations and 10 locomotives.
- Kavach is India’s indigenous automatic train protection system, aimed at preventing signal passing at danger (SPAD) and train collisions.
- Despite the new contract, HBL reported a 20% drop in Q4 FY25 net profit and a 22% decline in revenue, with electronics being the hardest-hit segment.
1779. Big win! China companies now exporting 'Made in India' smartphones & electronics to US, West Asia; notable shift for Chinese brands
- On 15 June 2025, it was reported that Chinese smartphone and electronics companies such as Oppo, Realme, Lenovo, Motorola, and Hisense have begun exporting ‘Made in India’ products to West Asia, Africa, and the United States, marking a strategic shift in their operations amid rising local production and policy pressure.
- This export push follows the Indian government’s post-2020 guidance to localise Chinese operations—urging firms to partner with Indian companies, appoint Indian nationals to boards, and build domestic distribution and manufacturing bases. Brands like Oppo earned ₹272 crore and Realme ₹114 crore in FY24 from exports, while Dixon Technologies scaled up production for Motorola and Transsion Holdings to meet global demand.
- While many Chinese firms aren’t directly under India’s PLI scheme, their Indian contract manufacturers like Dixon benefit from it. The move helps diversify supply chains, mitigate US-China trade risks, and boost India’s global tech export share—where smartphones became the top export in FY25 with $24.14 billion in shipments, led by Apple and Samsung.
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1780. PM Modi leaves for Cyprus, to attend G7 Summit in Canada on Tuesday
- On June 15, 2025, Prime Minister began a five-day, three-nation tour covering Cyprus, Canada, and Croatia, marking the first visit by an Indian PM to Cyprus in 23 years and to Croatia ever. This is his first overseas visit after Operation Sindoor, aimed at counter-terror diplomacy and global outreach.
- In Cyprus (June 15–16), PM will meet President to enhance cooperation in trade, technology, and security. In Canada (June 16–17), he will attend the G7 Summit to present India's views on terrorism, energy security, and innovation, amid recently strained diplomatic ties over the Khalistan issue.
- The final leg in Croatia (June 18) will include meetings with President and PM , aiming to strengthen cultural and bilateral ties. Indian Prime Minister emphasized this tour as a gesture of gratitude for global support against terrorism and a push for deeper strategic engagement.
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