Cabinet approves Rs 8,240 crore fund to develop reusable launch vehicle

IANS | September 18, 2024 3:36 PM

New Delhi, Sep 18 (IANS) In an effort to develop the capability for an Indian crewed landing on the Moon by 2040, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the development of a reusable next-generation launch vehicle (NGLV) with a total fund of Rs 8,240 crore.

Investors eyeing robust deal pipeline in India in next 3 years: Report

IANS | September 18, 2024 1:34 PM

New Delhi, Sep 18 (IANS) Deal activity in India rebounded in 2024 after a slowdown in 2023, with 643 deals worth $17.1 billion recorded in the first half of the year, said a new report, adding that investors are eyeing a robust deal pipeline over the next three years.

Mercedes-Benz to Jaguar Land Rover, India manufacturing in top gear

IANS | September 17, 2024 11:46 AM

New Delhi, Sep 17 (IANS) As the market for luxury cars and top-notch electric vehicles (EVs) ramp up in India amid friendly government policies and shifting 'generational mindset’, more and more global automakers are lining up to manufacture/assemble vehicles in India.

Rupee among least volatile currencies globally: Shaktikanta Das

IANS | September 17, 2024 10:12 AM

New Delhi, Sep 17 (IANS) The rupee has emerged as one of the least volatile currencies worldwide, remaining "very stable against the US dollar" and the volatility index, the Reserve Bank of India (RBI) Governor Shaktikanta Das has said.