Defence National
In a significant boost to India’s ‘Make in India’ initiative, the Cabinet Committee on Security (CCS) has approved two major defense projects totaling approximately ₹20,000 crore. These projects involve the procurement of 12 Su-30MKI fighter jets for the Indian Air Force (IAF) and 100 K-9 Vajra self-propelled howitzers for the Indian Army. Indigenous
Business Markets
In a remarkable display of financial dynamism, Indian corporations have collectively raised an unprecedented ₹1.33 lakh crore through initial public offerings (IPOs) in the current fiscal year. This surge underscores a robust investor confidence and a vibrant capital market ecosystem. Surge in IPO Activity The fiscal year has witnessed a significant uptick in IPO activity,
State News
Mumbai, India’s financial capital, is set for a massive infrastructure overhaul under the new BJP-led Maharashtra government. With a focus on improving connectivity and reducing travel time, the government aims to transform urban transit and ease pressure on the city’s overburdened systems. Expanding Mumbai’s Metro Network One of the government’s flagship projects