Search Results for: automotive sector

Boost to Aatmanirbharta: Govt releases new list of 346 indigenous defence items

Defence Ministry Boosts Indigenous Production with New List Of 346 Defence Items

In a significant stride towards self-reliance in defence production, the Ministry of Defence has unveiled the fifth Positive Indigenisation List (PIL) comprising 346 defence items. This initiative is a part of the Aatmanirbhar Bharat campaign, aimed at promoting domestic manufacturing and reducing import dependence. Jul 16, 2024
Homegrown Namma Yatri app raises $11 mn with Google as investor

Namma Yatri Secures $11M Funding, Aims to Revolutionize Mobility

In a significant stride for the Indian mobility sector, Bengaluru -based Moving Tech, the parent company of the community-led mobility app Namma Yatri, has announced a successful pre-Series A funding round. The company has raised a substantial $11 million, equivalent to about Rs 92 crore, in this round. Jul 16, 2024
Jaishankar

India signs MoU to fund 4 projects in Pacific Island nations

External Affairs Minister (EAM) S. Jaishankar, on Monday, highlighted the strengthening partnership between India and the Marshall Islands during the signing ceremony of a Memorandum of Understanding (MoU) to fund Four Community Development Projects in the island nation. Jul 15, 2024
WPI inflation remains benign, food prices to rationalise in next 2-3 months: Experts

WPI Inflation Trends: Food Prices Yet to Stabilize

The economic landscape of India is witnessing a slight surge in the annual rate of Wholesale Price Index (WPI) inflation, which has edged up to 3.36% in June 2024, a minor increase compared to the same month of the previous year. This data, released by the Commerce Ministry, has been the subject of analysis by industry experts. Jul 15, 2024
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