NEWS

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.

Average turnaround time of major Indian ports nearly halves in 10 years

Average turnaround time of major Indian ports nearly halves in 10 years

04 Dec 2024

The average turnaround time for the major ports in India has nearly halved to 48.06 hours in 2023-24 from 93.59 hours in 2013-14.

Goa to be developed as cargo and cruise hub

Goa to be developed as cargo and cruise hub

03 Dec 2024

The central government is investing Rs101.72 crore for developing international and domestic cruise terminals, besides a ferry terminal at Goa’s Mormugao Port

RBL Bank ends credit card partnership with Bajaj Finance

RBL Bank ends credit card partnership with Bajaj Finance

02 Dec 2024

RBL Bank has ended its credit card partnership with Bajaj Finance Limited (BFL), calling an end to issue of these co-branded credit cards.

BSNL offers 336 days of data at Rs1,499 under new annual plan

BSNL offers 336 days of data at Rs1,499 under new annual plan

01 Dec 2024

State-owned telecom service provider Bharat Sanchar Nigam Limited (BSNL) has come out in what is the cheapest voice and data plan, as part of its market consolidation exercise.

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