Cabinet nod for buying Rs 10,200 cr India-made ammunition for Pinaka rocket launchers

IANS | January 30, 2025 12:45 PM

New Delhi, Jan 30 (IANS) The Cabinet Committee on Security has approved the indigenous procurement of ammunition worth around Rs 10,200 crore for the Indian Army’s Pinaka multi-launcher rocket system, in another booster shot for the country’s self-reliance in the Defence manufacturing sector, according to senior officials.

Digital payments record double-digit jump year-on-year: RBI

IANS | January 30, 2025 12:10 PM

Mumbai, Jan 30 (IANS) Digital payments across India recorded a double-digit jump of 11.1 per cent year-on-year (YoY) as on September 2024, according to the Reserve Bank of India's (RBI) index that measures the adoption of online transactions, according to a Central Bank statement.

Centre approves scheme to boost MSME manufacturing sector

IANS | January 30, 2025 9:49 AM

New Delhi, Jan 30 (IANS) The government has approved the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME) that would facilitate loans up to Rs 100 crore for purchase of plant and machinery/equipment for eligible firms.