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India records 26 pc jump in FDI flows in first quarter

India records 26 pc jump in FDI flows in first quarter

The gross foreign direct investment (FDI) flowing into the Indian economy has surged by 26.4 per cent to $22.5 billion during the April-June quarter of the current financial year compared to the same quarter of the previous year, according to the RBI's latest monthly bulletin. Aug 20, 2024
ISRO postpones SSLV-D3/EOS-08 mission by a day to Aug 16

ISRO Gears Up for Gaganyaan Mission and SSLV Development

ISRO announced the first test flight of the human-rated rocket for the 'Gaganyaan' mission in December 2024. Alongside, ISRO is developing the Small Satellite Launch Vehicle (SSLV), designed to put small satellites into orbit. ISRO plans to transfer SSLV technology to the industry, marking a major step towards commercialization of space technology in India. ISRO is also constructing a second launch pad in Tamil Nadu, enhancing India's standing in the global space community. Aug 16, 2024
Indiaspora founder MR Rangaswami

How Indian community becoming 'mainstay' of US economy, Indiaspora founder shares details

Indiaspora founder MR Rangaswamy highlighted the Indian diaspora's significant contributions to the US economy, with many holding top positions in tech, education, and healthcare. They generate jobs, cater to millions of patients, and tutor students. The community also drives India's growth through investments and philanthropy, bridging the two nations. Aug 14, 2024
India 2nd only to US in number of banks covered under deposit insurance: RBI Dy Governor

India Ranks Second Globally in Deposit Insurance Coverage

In a recent global conference held in Jaipur, India, on August 13, 2024, RBI Deputy Governor Michael Debabrata Patra announced that India's Deposit Insurance and Credit Guarantee Corporation (DICGC) has extended coverage to 1,997 banks. Aug 13, 2024
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