National
Fitch Ratings has observed that India’s efforts to reduce its public debt are progressing at a gradual pace, highlighting potential vulnerabilities in the event of significant economic disruptions. The agency acknowledges the government’s commitment to a medium-term fiscal framework aimed at decreasing the debt-to-GDP ratio, which could positively influence
International
In a strategic move to bolster its naval defense, India has entered into a contract with Russia for the acquisition of anti-ship cruise missiles. This procurement aims to significantly enhance the combat capabilities of the Indian Navy’s submarine fleet. Contract Details The agreement was formalized in the presence of Defence Secretary Rajesh Kumar Singh. The […]
National
In an effort to streamline toll collection and provide financial relief to regular commuters, the government is contemplating the introduction of monthly toll tax smart cards. These cards are expected to offer discounted rates for frequent travelers on national highways. Benefits for Frequent Commuters The proposed smart card system aims to benefit individuals who