Hyderabad (Telangana) [India], September 23: In a proud moment for India's defence industry, Megha Engineering & Infrastructures Ltd (MEIL), through its group company ICOMM Tele Ltd, has secured a major contract to supply 200 advanced sniper rifles to the Central Reserve Police Force (CRPF).
The CSR 338 is a high-performance bolt-action sniper rifle. Chambered in .338 Lapua Magnum, the CSR 338 features a 27-inch barrel with a 10-round magazine, ambidextrous magazine release and safety mechanisms, a two-stage adjustable precision trigger, and a four-position, telescopic, foldable
New Delhi [India], September 23: India has become the fastest-growing digital payments market in the world. According to the Reserve Bank of India, digital payments crossed 18,000 crore transactions in FY 2024-25, and projections suggest the market will hit $10 trillion in value by 2026. Fro
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) may announce a 25 basis points (bps) cut in its September policy meeting as it is the best possible option at this stage, according to a report by State Bank of India (SBI).
India's foreign exchange reserves rose by USD 4.698 billion in the week that ended September 12 to USD 702.966 billion, marking the third consecutive weekly increase, the Reserve Bank of India (RBI) said in its latest 'Weekly Statistical Supplement.'
Punjab has imposed wheat movement restrictions and launched geotagging of stocks to prevent shortages after floods destroyed crops, Dawn reported. Authorities cracked down on hoarding, boosting flour mill reserves and lowering wheat prices from PKR 3,800 to PKR 3,000 per 40kg, as protests er
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday said the Clearing Corporation of India Ltd (CCIL) should prepare for the next phase of financial market development by facilitating currency trading beyond the dollar-rupee pair, as part of the broader goal of internationalising
New Delhi [India], September 18: India's bond market stands at an unprecedented inflection point in 2025, having reached a staggering size of ₹238 trillion (approximately $2.69 trillion) by March 2025, representing a remarkable 10.2% growth from the previous fiscal year. This monumental achi
Indian stock markets opened on a strong note on Thursday as investors welcomed the U.S. Federal Reserve's decision to cut interest rates by 25 basis points.
Loan growth in India is expected to improve in the coming years supported by stabilising asset quality and policy push from the government and the Reserve Bank of India (RBI), according to a report by Nomura.
Mumbai (Maharashtra) [India], September 17: Metro Shoes, India's leading footwear destination, announces the launch of METRO CROSSOVER, a first-of-its-kind menswear collection that creates a new space between sneakers and formals. Designed for the modern Indian man who is always on the move,