India has replaced Japan as the world's second-largest steel producing country, only behind China, which is the largest producer of crude steel accounting for more than 51 per cent of production, as per the latest report by World Steel Association. The other nations in the list of top 10 steel producing countries include the United States, which is at the 4th position as the country produced 86.7 MT of crude steel in 2018, followed by South Korea at the 5th place with 72.5 MT of crude steel, Russia at 6th with 71.7 MT, Germany at 7th with 42.4 MT, Turkey at 8th with 37.3 MT, Brazil at 9th with 34.7 MT and Iran at the 10th position with 25 MT crude steel in 2018.

The US has approved the sale of 24 multi-role MH-60 'Romeo' Seahawk helicopters to India at an estimated cost of $2.6 billion. The Lockheed Martin-built helicopters are designed for hunting submarines, targeting ships, and conducting search-and-rescue operations at sea. It is considered the world's most advanced maritime helicopter. The helicopters are currently deployed with the US Navy. These helicopters would replenish India's aging fleet of British-made Sea King helicopters.

According to data provided by the World Gold Council (WGC), India has the 11th largest gold reserve and the current holding pegged at 607 tonnes. The Netherlands holds the 10th position with 612.5 tonnes, or just about 5.5 tonnes ahead of RBI. The top spot is occupied by US gold reserves of 8,133.5 tonnes, followed by Germany with 3,369.7 tonnes. International Monetary Fund (IMF) ranks third on the list with total gold reserves of 2,814 tonnes.

Union Minister Harsh Vardhan launched three important centre's set up by the Department of Science and Technology (DST) at IIT Madras on 25 January 2019. The first one is the 'DST -IITM Solar Energy Harnessing Centre'. The second centre is the 'DST-IITM Water -IC for SUTRAM of EASY WATER'. The third centre is the 'Testbed on Solar thermal desalination solutions'.

In accordance with the International Energy Agency (IEA)'s Global Energy & CO2 status report, India's energy demand has surpassed the global demand growth in 2018. India's primary demand increased 4% in 2018 in comparison to energy consumption worldwide grew by 2.3%. This accounts for 11 per cent of global demand growth.The growth in India was led by coal for power generation and oil for transport.

President Ram Nath Kovind has been conferred with the highest State honor of Bolivia, "Condor de Los Andes en el Grado de Gran Collar" during his visit to Bolivia. President of Bolivia Evo Morales awarded him the Honour at a function held in Santa Cruz. On the second day of President's three-day visit to Bolivia, India and Bolivia signed eight MoUs in the fields of culture, Visa waiver arrangement for diplomats, exchange between diplomatic academies, mining, space, traditional medicine, establishment of Centre of Excellence in IT and Bi-Oceanic Railway project. India offered a 100 million US Dollar Line of Credit to Bolivia for financing development projects. Both countries also agreed on the need for reform of the UN Security Council to make it reflective of contemporary realities. President is in Bolivia on the 2nd leg of his 3 nation tour. He is on a three-nation visit to Croatia, Bolivia, and Chile.

The Union Cabinet chaired by Prime Minister Narendra Modi Apprised about MoU between India and Saudi Arabia for cooperation in the field of Housing.

According to World Bank's Migration and Development Brief; with the Indian diaspora sending 79$ billion back to their home country, India retained its position as the world's top recipient of remittances in 2018. India followed by China: 67$ billion, Mexico: 36$ billion; Philippines: 34$ billion and Egypt: 29$ billion.

The government of India has formed a 13-member committee having representatives from GST Network (GSTN), central and state governments to examine the electronic tax invoice system of various countries like South Korea, Latin America and suggest a model for India. The introduction of electronic invoices (e-invoices) through the Goods and Services Tax (GST) portal which will help the indirect tax system and keep a check on tax evasion. For the e-invoices system, the committee will examine and suggest the target taxpayers and the threshold limit. The committee will look at a centralized system of e-invoices, which will give automatic access to authorities to invoices. It will also discuss whether a system of e-invoices would help in dispensing the requirement of e-way bill or modification of the e-way bill or even combine both the options of e-invoice and e-way bill. The e-invoice system will replace the requirement of the generation of e-way bill for movement of goods. At present, the e-way bill is required for moving goods exceeding Rs. 50,000.

While India (USD 0.26) topped the scale of cheap mobile data, Kyrgyzstan (USD 0.27), Kazakstan (USD 0.49), Ukraine (USD 0.5A) and Rwanda (USD 0.56) completed the top five countries offering the cheapest data packs. Price comparison site Cable.co.uk found that 1 gigabyte (GB) of data cost USD 0.26 in India, compared to USD 6.66 in the UK. The US had one of the most expensive rates, with an average cost of USD 12.37 for the same amount of data. The cheapest mobile data in Western Europe was found in Finland with an average price of USD 1.16 for 1GB of data. In Eastern Europe, Poland is the cheapest at USD 1.32 per GB, followed by Romania (USD 1.89) and Slovenia (USD 2.2A).