Search Results for: economic growth

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
automoblies

Automobile sales soar in Apr-June quarter, clock 9 pc growth

The retail sales of automobiles in the country registered a 9 per cent growth in the April-June quarter of the financial year 2024-25, compared to the same period last year, according to figures compiled by the Federation of Automobile Dealers Associations (FADA). Jul 16, 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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