According to SBI’s research report Ecowrap, India’s gross domestic product (GDP) is anticipated to expand at about 18.5% in the first quarter of this fiscal year, lower than the RBI’s forecast of 21.4%.
According to property consultancy JLL, the capacity of the data centre sector is anticipated to double by 2023 to over 1,000 MW to satisfy growing demand amid rapid development in digitalisation.
“In 2020-21, India got the greatest amount of FDI it has ever received. It increased by 10% to US$ 81.72 billion, with FDI totaling US$ 12.1 billion in May 2021, which is 203% more than May 2020.” He mentioned this while speaking to a group of industrial groups about encouraging exports.
The FOS II contract now also includes the American company’s extended options like support for the engines, propellers, software, C-130J airframe, Contractor Furnished Equipment (CFE), publication services, ground handling equipment (GHE), peculiar and common separable items, ground support equipment (GSE) and test equipment.
Chief Executive Officer (CEO) of United Shipbuilding Corporation (USC) Alexey Rakhmanov on Monday said the first of two Krivak class stealth frigates built by Russia is expected to be delivered by the middle of 2023 to India.
BrahMos Supersonic Cruise Missile is the only unique, precise and state-of-the-art cruise missile in the world. The missile has been designed, developed and produced by BrahMos Aerospace, a joint venture of DRDO, Government of India and NPOM, Government of Russia, Misra stated in the letter.
In an important development, India and Russia have agreed to form a “permanent bilateral channel” for consultations on Afghanistan. The announcement of bilateral channel has been the most visible practical cooperation between India & any of its allies on Afghanistan in the aftermath of fall of Kabul to Taliban since 15th August.
Gennova Biopharmaceuticals, the Pune-based biotechnology company, working on the nation’s first mRNA-based Covid vaccine, submitted the interim clinical data of the Phase-I study to the Central Drugs Standard Control Organisation (CDSCO), the government’s National Regulatory Authority (NRA).
The first batch of Multi-Mode Hand Grenades (MMHG), manufactured by Economic Explosives Limited (EEL) following Transfer of Technology from Terminal Ballistics Research Laboratory of Defence Research & Development Organisation (DRDO), was handed over to the Indian Army in the presence of Raksha Mantri Shri Rajnath Singh in Nagpur, Maharashtra on August 24, 2021.
Indian Scientists have for the first time repaired aero-engine components through emerging additive manufacturing or 3D printing technique called Directed Energy Deposition process that can significantly reduce repair costs and overhaul time. They indigenously made powders suitable for the additive manufacturing process called the Directed Energy Deposition process.
