NEWS

DRDO successfully flight-tests high-speed flying-wing UAV

DRDO successfully flight-tests high-speed flying-wing UAV

15 Dec 2023

Defence Research and Development Organisation (DRDO) has successfully carried out a flight trial of Autonomous Flying Wing Technology Demonstrator

India’s April-November merchandise trade deficit estimated at $166.35 bn

15 Dec 2023

India added $20.98 billion to its merchandise trade deficit in November 2023, taking the country’s overall merchandise trade deficit for the April-November 2023-24 period to $166.35 billion.

US Fed keeps policy rate unchanged at 5.25-5.50%

15 Dec 2023

The US Federal Reserve has decided to keep policy interest rate unchanged for a third time in succession, saying that any further tightening of financial and credit conditions will weigh on economic activity, hiring, and inflation.

Go Airlines India faces imminent closure as rescue efforts falter

Go Airlines India faces imminent closure as rescue efforts falter

15 Dec 2023

In a dire turn of events, Go Airlines India Ltd., founded by billionaire Nusli Wadia’s Wadia Group, teeters on the verge of a permanent shutdown.

Disney gears up for an an intense boardroom clash as activist Peltz eyes two seats

Disney gears up for an an intense boardroom clash as activist Peltz eyes two seats

15 Dec 2023

In a significant development set to impact the entertainment giant Walt Disney, activist investor Nelson Peltz has nominated himself and former Disney Chief Financial Officer James “Jay” Rasulo for seats on the company’s board.

AT&T initiates pilot deal to acquire Rivian electric vehicles, aiming to reduce costs and emissions

AT&T initiates pilot deal to acquire Rivian electric vehicles, aiming to reduce costs and emissions

15 Dec 2023

In a strategic move towards sustainability and efficiency, U.S. wireless carrier AT&T has announced its collaboration with electric vehicle (EV) startup Rivian.

ISRO Chief S. Somnath unveils future plans: Chandrayaan-4 mission and innovative robotic arm in the pipeline

ISRO Chief S. Somnath unveils future plans: Chandrayaan-4 mission and innovative robotic arm in the pipeline

15 Dec 2023

The Indian Space and Research Organization (ISRO) is embarking on an ambitious trajectory in space exploration, solidifying its position as a key player in the cosmos.

India's wholesale price inflation rises for the first time in FY24; hits 0.26% in November

India's wholesale price inflation rises for the first time in FY24; hits 0.26% in November

15 Dec 2023

The annual rate of inflation based on the wholesale price index (WPI – Base 2011-12 = 100) rose to an 8-month high of 0.26 per cent in November 2023, provisional figures released by the commerce ministry showed.

Agriculture ministry organises 2-day Asean-India Millet Festival

Agriculture ministry organises 2-day Asean-India Millet Festival

15 Dec 2023

India on Thursday opened an Asean-India Millet Festival, a two-day event aimed at increasing awareness and establishing a larger market for millet and millet-based products.

KPIT unveils India’s first sodium-ion battery technology

KPIT unveils India’s first sodium-ion battery technology

15 Dec 2023

KPIT Technologies has unveiled India’s first sodium-ion battery technology, which is a cheaper alternative to lithium-ion (Li-Ion) battery used in electric vehicles and for energy storage.

Vedanta Resources Ltd. secures $1.25 billion for debt refinancing and credit facilities

Vedanta Resources Ltd. secures $1.25 billion for debt refinancing and credit facilities

14 Dec 2023

In a strategic move, Vedanta Resources Ltd., the parent company of Vedanta Ltd., has successfully secured $1.25 billion from private lenders for debt refinancing and a new credit facility.

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