The government has given its approval for the construction of six sophisticated submarines at a cost of Rs 43,000 crore.

Defence Minister Rajnath Singh presided over a meeting of the Defence Acquisition Council that made the decision. According to official sources, the Defence Ministry approved a massive project to build…

Continue ReadingThe government has given its approval for the construction of six sophisticated submarines at a cost of Rs 43,000 crore.

The RBI has lowered its GDP prediction for FY22 to 9.5 percent, with CPI inflation expected to be 5.1 percent.

Uncertainties on both the upside and downside are expected to impact the inflation trajectory in the future. The upward trend in world commodity prices, particularly crude oil prices The Reserve…

Continue ReadingThe RBI has lowered its GDP prediction for FY22 to 9.5 percent, with CPI inflation expected to be 5.1 percent.