NEWS

Isro commences Gaganyaan-G1 launch campaign

Isro commences Gaganyaan-G1 launch campaign

20 Dec 2024

Indian Space Research Organisation (Isro) on Wednesday started assembling the LVM3 launch vehicle, which India will be using for un-manned flights ahead of the upcoming manned flight to the space. later this year.

India plans a Rs9,000-crore boost to EV battery production

India plans a Rs9,000-crore boost to EV battery production

18 Dec 2024

Amidst rising demand for lithium-ion batteries in the country, the Narendra Modi government is planning a Rs9,000-crore incentive scheme

Skoda-Volkswagen India faces Rs12,000-cr tax evasion charge

Skoda-Volkswagen India faces Rs12,000-cr tax evasion charge

18 Dec 2024

Customs authorities in Maharashtra have slapped Skoda-Volkswagen India with a Rs12,000 crore charge for import duty evasion through falsification of import documents.

India’s wholesale price inflation slows to 1.89% in November

India’s wholesale price inflation slows to 1.89% in November

17 Dec 2024

The annual rate of inflation based on the all-India Wholesale Price Index (WPI) declined to 1.89 per cent in November 2024 from 2.36 per cent in October

DRDO successfully flight-tests solid fuel ducted ramjet booster missile

DRDO successfully flight-tests solid fuel ducted ramjet booster missile

16 Dec 2024

Defence Research and Development Organisation (DRDO) on Friday conducted a successful flight-test of the indigenously developed Solid Fuel Ducted Ramjet (SFDR) booster missile system.

Reliance acquires 74% stake in Navi Mumbai IIA for Rs1,628 crore

Reliance acquires 74% stake in Navi Mumbai IIA for Rs1,628 crore

16 Dec 2024

Reliance Industries Ltd (RIL) has completed the acquisition of 74 per cent equity stake in Navi Mumbai IIA Private Ltd (NMIIA), in a deal valued at Rs1,628 crore.

Hinduja Group to acquire Reliance Capital by end-January

Hinduja Group to acquire Reliance Capital by end-January

15 Dec 2024

Hinduja Group company IndusInd International Holdings Ltd (IIHL) said it would complete the Rs9,861-crore acquisition of debt-laden Reliance Capital (RCap) by January 2025

Centre to open 85 new Kendriya Vidyalayas, 28 Navodaya Vidyalayas in 2025-26

Centre to open 85 new Kendriya Vidyalayas, 28 Navodaya Vidyalayas in 2025-26

13 Dec 2024

The union government plans to open 85 new Kendriya Vidyalayas and 28 Navodaya Vidyalayas in the next financial year, which is estimated to cost around Rs8,232 crore over the following five years.

RBI keeps repo rate steady, cuts cash reserve ratio to 4%

RBI keeps repo rate steady, cuts cash reserve ratio to 4%

06 Dec 2024

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) at its meeting on Friday (6 December 2024) decided to keep the policy repo rate

Defence ministry approves Rs21,772-cr equipment acquisition for armed forces

Defence ministry approves Rs21,772-cr equipment acquisition for armed forces

05 Dec 2024

The Defence Acquisition Council (DAC), headed by Defence minister Rajnath Singh, on Tuesday (3 December 2024)

Cyber security is pillar for national security, economic stability: TN IT Minister

Cyber security is pillar for national security, economic stability: TN IT Minister

By Venkatachari Jagannathan | 05 Dec 2024

Cyber security is no more a technical concern in an interconnected world but a fundamental pillar of national security, economic stability and societal trust

Inflation may force RBI to hold interest rate, focus on liquidity Economists

Inflation may force RBI to hold interest rate, focus on liquidity Economists

By Venkatachari Jagannathan | 05 Dec 2024

The Reserve Bank of India’s (RBI) six member Monetary Policy Committee (MPC) is expected to hold the repo rate (the rate at which it lends to banks) at 6.5%, said top economists.

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