French Price Bids for Indian Navy: 26 Rafale -M and 3 Scorpene Subs
Ahead of the expected visit of the French President Emannuel Macron as Chief Guest for Republic Day, India has received price bids from France for the 26 Rafale – Marine carrier-based fighter jets for the Indian Navy. Also, the French…
Rajya Sabha passes Telecom Bill
After Lok Sabha, the Rajya Sabha on Thursday passed The Telecommunications Bill, 2023 by voice vote. The bill seeks to simplify procedural and structural processes around spectrum, licensing, right of way, and dispute resolution in the sector. A major change…
Red Sea attacks threaten to inflate India’s export costs
As shipping lines circumvent the Suez Canal route due to the attacks on cargo vessels by Yemen’s Houthi Group in the Red Sea, Indian exporters expect freight rates to go up by as much as 25%, and insurance premiums to…
Cautious FPIs continue to sell in second half of Oct
Indian markets have been witnessing a continued outflow by foreign portfolio investors owing to higher bond yields and the geopolitical conflict in Middle East. FPIs have continued to pull out of Indian markets in the second half of October. According…
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