Rupee falls to record low on Trump’s threat of 100% tariffs on BRICS
Spread the loveThe rupee hit a record low of 84.73 against the dollar, driven by strong dollar demand and Trump’s tariff threats to BRICS nations. Weaker-than-expected Q2 growth and global … Read More
India’s first Fast Track Immigration-Trusted Traveller Programme sees over 19,000 enrolments! Programme a replica of US global entry scheme
Spread the loveIndia’s first Fast Track Immigration-Trusted Traveller Programme has registered over 19,000 participants since June, expanding from Delhi to 31 international airports. Aiming to expedite immigration processing, this program … Read More
Centre decides to shift GDP base year to 2022-23 from 2011-12, forms panel: Why it matters
Spread the loveA panel comprising RBI representatives, central and state government officials, and academia experts has been formed to update the base year for GDP calculation to 2022-23 from 2011-12. … Read More
India eyes indigenous long-range ‘MALE’ drones for armed forces for intelligence gathering & offensive operations
Spread the loveIndia is planning to produce long-range unmanned aerial vehicles domestically for surveillance and combat. The armed forces aim to use Medium Altitude Long Endurance drones to replace Israeli … Read More
Crisil projects India’s GDP growth slowdown to 6.8%
Spread the loveIndia’s GDP growth is forecasted to decline to 6.8% in 2024-2025 due to rising interest rates and limited fiscal stimulus, according to Crisil. While Q2 growth was only … Read More
Bajaj Auto announces 5% overall vehicle sales for November
Spread the loveBajaj Auto Ltd reported a 5% year-on-year growth in vehicle sales in November 2024, totaling 4,21,640 units, including exports. Total exports surged 24% to 1,80,786 units. However, domestic … Read More
Stars are aligning for Indian bonds to extend rally into 2025
Spread the loveQuantum Asset Management forecasts the yield on the benchmark 10-year bond to fall as much as 50 basis points by mid-2025, while Trust Mutual Fund sees the rate … Read More