India's defence modernisation gets boost with Rs 10,147 crore rocket procurement deals

IANS | February 6, 2025 8:12 PM

New Delhi, Feb 6 (IANS) In an important move aimed at strengthening India's defence capabilities and achieving the vision of 'Aatmanirbhar Bharat,' the Ministry of Defence (MoD) has signed contracts worth a total of Rs 10,147 crore with three prominent Indian companies: the Economic Explosives Ltd (EEL), Munitions India Ltd (MIL), and Bharat Electronics Ltd (BEL).

India’s solar cell capacity poised for 5-fold jump to 55 GW by 2026-27

IANS | February 6, 2025 5:20 PM

New Delhi, Feb 6 (IANS) India's solar cell manufacturing capacity is set to touch 50-55 GW by fiscal year 2027, up five-fold from 10 GW at the end of fiscal 2024, propelled by the government’s policy thrust to reduce imports of cells and modules, according to a Crisil Ratings report released on Thursday.

PM Modi likely to meet Elon Musk during US visit

IANS | February 5, 2025 3:42 PM

New Delhi, Feb 5 (IANS) Prime Minister Narendra Modi, slated to visit the United States this month to meet President Donald Trump, is also likely to see Tesla and SpaceX CEO Elon Musk.

RBI MPC: Goldman Sachs predicts 25 bps repo rate cut

IANS | February 5, 2025 1:13 PM

Mumbai, Feb 5 (IANS) The Reserve Bank of India (RBI) is likely to reduce the repo rate by 25 basis points (bps) in its upcoming monetary policy meeting (MPC) announcement, Goldman Sachs predicted on Wednesday.