Moody’s Raises India’s GDP Growth Forecast for 2024
Moody’s Investors Service recently raised India’s GDP growth forecast for the year 2024 to 6.8% from an earlier estimate of 6.1%. This revision is attributed…
Newsbits
RBI Approves Interoperable Net Banking Payments for Merchants
The RBI has sanctioned the development of an interoperable net banking payment system by the NPCI in collaboration with Bharat BillPay Ltd (NBBL). This system…
Bharat Semiconductor Research Centre (BSRC)
The Bharat Semiconductor Research Centre (BSRC) is an upcoming initiative by the Indian government, aimed at establishing India as a leader in semiconductor research and…
Supreme Court denies Immunity to Lawmakers in Bribery Cases
The Supreme Court of India has recently made a landmark ruling that Members of Parliament (MPs) and Members of Legislative Assemblies (MLAs) do not possess…
International Big Cat Alliance (IBCA)
The International Big Cat Alliance (IBCA), initiated by India’s Environment Ministry and approved on March 1, 2024, represents a strategic intergovernmental effort to foster global…
India Initiates Core Loading of First Homegrown Nuclear Reactor
India’s first indigenous Prototype Fast Breeder Reactor (PFBR) in Kalpakkam, Tamil Nadu, marks a significant advancement in the country’s nuclear energy capabilities. With Prime Minister…
Advanced MH-60R Seahawk Helicopters
The Indian Navy’s commissioning of MH-60R Seahawk helicopters symbolizes a significant enhancement in maritime security capabilities, specifically in anti-submarine warfare and surface warfare, along with…
India Funds $11M Renewable Energy Project in Sri Lanka
The project involves India granting $11 million to Sri Lanka, in collaboration with a private partner, to install hybrid renewable energy systems across three islands…
Spaceports in India
India is enhancing its space launch capabilities with two major spaceports. The Satish Dhawan Space Centre (SDSC) in Sriharikota, Andhra Pradesh, has been operational since…
