The Supreme Court of India has directed lower courts nationwide to refrain from admitting or issuing orders in cases seeking surveys of mosques. This directive will remain in effect until the Supreme Court concludes its examination of the Places of Worship (Special Provisions) Act, 1991. Review
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
Pakistan’s Inter-Services Intelligence (ISI) is reportedly employing a new tactic to infiltrate India by using individuals under the influence of drugs or posing as mentally unstable to deliver messages to terrorists imprisoned in the country. Since July, over ten Pakistani nationals have been apprehended entering India from Pakistan and Pakistan-occupied Kashmir,
India aims to bring down its logistics costs from 16% of GDP to 9% within the next two to three years, as announced by Union Minister Nitin Gadkari. This ambitious target seeks to strengthen economic competitiveness by streamlining the nation’s supply chain infrastructure. Infrastructure Development Initiatives The government is accelerating infrastructure projects,
Decline in Vegetable Prices Expected to Ease India’s Inflation India’s inflation rate is anticipated to decrease to 5.4% in November 2024, down from 6.21% in October, primarily due to a significant drop in vegetable prices. This decline is expected to provide relief to consumers and may influence the Reserve Bank of India’s (RBI) monetary policy […]
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,
Chennai Metro Rail Limited (CMRL) is set to achieve a significant milestone as it plans to commence testing of driverless trains before April 2025. This testing is part of the first phase of commissioning the 9-km stretch from Poonamallee to Porur junction, under Corridor 4 of Phase II construction. The corridor is expected to be […]
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