Indian Economy News

April 22, 2024

Indian Railways operates a Record Number of additional Trains in Summer Season of 2024

Indian Railways prepares for summer with a record 9111 trips in 2024, up from 6369 in 2022-23, addressing surging travel needs across India's key destinations.

India and France to launch climate fund for startups in Indo-Pacific countries

India and France are preparing to launch a collaborative fund to support startups and climate-centric innovations in the Indo-Pacific, aligning with the "Horizon 2047" joint vision statement.

IMF praises India for maintaining fiscal discipline in an election year

The IMF praises India for maintaining fiscal discipline in an election year, underscoring its strong economic performance and global prominence as a bright spot.

India delivers BrahMos missiles to the Philippines as part of a US$ 375 million deal

India delivers BrahMos missiles to the Philippines, strengthening regional security amid escalating tensions in the South China Sea, marking strategic cooperation in a US$ 375 million deal.

Hero MotoCorp opens assembly facility with 75,000 units capacity in Nepal

In Nepal, a new assembly facility has been opened by Hero Motocorp in collaboration with CG Motors. It has the capacity to produce up to 75,000 units annually and will lead to investments and job openings.

Infosys to acquire German firm in-tech in EUR 450 million (Rs.4000 crore) all-cash deal

Infosys to acquire in-tech, a key player in German automotive engineering R&D, for EUR 450 million (Rs. 4000 crore), boosting European presence and digital transformation expertise in multiple sectors.