National
IndiGo has signed a memorandum of understanding with CFM International for more than 1,000 LEAP-1A engines, marking the engine manufacturer’s largest single order. The engines will power 510 Airbus A320neo family aircraft scheduled to join the airline’s expanding fleet. IndiGo CFM Engine Order The preliminary agreement was announced at the Farnborough International Airshow
National
The National Payments Corporation of India is reportedly developing an offline UPI tap-to-pay system that could allow passengers to make small payments inside aircraft and underground trains without internet connectivity. Offline UPI tap-to-pay under development The proposed feature would enable payments when both the customer’s smartphone and the merchant’s point-of-sale
Economy National
The Reserve Bank of India’s concessional foreign-exchange swap facilities attracted $20.72 billion in overseas inflows by July 17, strengthening the country’s external financial buffer as the rupee remained under pressure. RBI swap facility attracts $20.72 billion Banks mobilised approximately $17.41 billion through Foreign Currency Non-Resident Bank deposits under the
Law & Order National
The Supreme Court has asked the Uttar Pradesh government to consider reconstituting the investigation into the alleged theft and misappropriation of donations collected at the Ram Temple in Ayodhya. Supreme Court seeks revamped SIT probe A three-judge Bench headed by Chief Justice of India Surya Kant said the proposed Special Investigation Team should be led […]
National
Congress leader Rahul Gandhi criticised the Centre and Delhi Police over their handling of student-led protests in the national capital, describing the reported use of batons and tear gas against demonstrators as “disgusting”. Rahul Gandhi condemns police action The Leader of the Opposition in the Lok Sabha shared a video showing police action against protesters […]
National
The Indian rupee weakened to a two-month low against the US dollar on Monday as rising crude oil prices intensified concerns over India’s import costs, inflation outlook and external finances. Indian rupee hits two-month low The rupee declined by about 0.2% to 96.4575 against the dollar during trading, moving closer to its record low of […]
National
Thousands of Cockroach Janta Party supporters gathered in central Delhi on Monday for a planned march towards Parliament, prompting a major security deployment as representatives of the youth-led movement prepared to meet Union Health Minister J.P. Nadda. CJP leaders prepare for Nadda talks CJP spokespersons Saurav Das and Ashutosh Ranka said they were heading for […]
National
Activist Sonam Wangchuk has outlined three circumstances under which he would end his prolonged hunger strike over alleged failures in India’s education system, including examination paper leaks. Wangchuk Seeks Education System Accountability In a handwritten letter shared from Safdarjung Hospital, Wangchuk said he would end his fast if the Union government accepted
Economy National
The Reserve Bank of India’s currency-printing subsidiary has invited global expressions of interest for polymer material suitable for Indian banknotes, taking an initial step towards testing more durable currency notes. RBI Arm Seeks Polymer Banknote Material Bharatiya Reserve Bank Note Mudran Private Limited has sought manufacturers capable of producing and supplying