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Daily Archives: September 23, 2023

JP Morgan to Add Indian Government Bonds to Emerging Market Benchmark

JP Morgan to Add Indian Government Bonds to Emerging Market Benchmark

September 23, 2023

In a significant development, JP Morgan Chase & Co. is set to include Indian government bonds in its renowned benchmark emerging-market index. This long-anticipated move is expected to attract substantial foreign investments into India’s debt market. Index Inclusion Date and Weightage The inclusion of Indian government bonds in the JP Morgan Government Bond Index-Emerging Markets …

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Prime Minister Modi's Visit to Varanasi: Laying the Foundation Stone of an International Cricket Stadium

Prime Minister Modi’s Visit to Varanasi: Laying the Foundation Stone of an International Cricket Stadium

September 23, 2023

Prime Minister Narendra Modi recently visited Varanasi, his Lok Sabha constituency, to mark several significant milestones. During his visit, he laid the foundation stone of an international cricket stadium in Ganjari, Rajatalab, aimed at realizing his vision of developing world-class sports infrastructure. Additionally, he participated in the closing ceremony of the Kashi Sansad Sanskritik Mahotsav …

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Indian Defence Acquisition Council (DAC) Has Officially Approved The Indigenous Dhruvastra Missile

Indian Defence Acquisition Council (DAC) Has Officially Approved The Indigenous Dhruvastra Missile

September 23, 2023

  In a significant development, India’s Defence Acquisition Council (DAC) has given the green light to several capital acquisition proposals, including the indigenous Dhruvastra short-range air-to-surface missile. This precision-guided weapon is designed for deployment on the indigenously built DHRUV MK-IV helicopters and is poised to elevate India’s combat capabilities against enemy tanks and armored vehicles …

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September 23, 2023 -_6.1

Israel unveiled its cutting-edge main battle tank, the Merkava Mark 5

September 23, 2023

Israel unveiled its cutting-edge main battle tank, the Merkava Mark 5, known as “Barak,” signifying a significant leap in technological advancement and military capability. The development of the Barak tank involved collaboration between the Israeli Defense Ministry’s Armored Vehicles Directorate, the IDF’s Ground Forces, Armored Corps, and multiple Israeli defense companies, including Elbit Systems, Rafael, …

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Axis Bank Launched ‘NEO For Business’ Banking Platform For MSMEs

Axis Bank Launched ‘NEO For Business’ Banking Platform For MSMEs

September 23, 2023

  In a strategic move to cater to the evolving needs of Indian Micro, Small, and Medium Enterprises (MSMEs), Axis Bank has recently unveiled its groundbreaking Transaction Banking platform, ‘NEO for Business.’ This innovative digital offering is designed to comprehensively address the real-time requirements of MSMEs, marking a significant milestone in the landscape of business …

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Finance Ministry Caps Arbitration Value at ₹10 Crore

The Finance Ministry Predicts 6.5% Real GDP Growth For India In FY24

September 23, 2023

  The Union Ministry of Finance recently released its Monthly Economic Review for August 2023, confirming its confidence in a 6.5 percent real GDP growth projection for FY24, characterized by balanced risks. The report paints a promising picture of India’s economic performance in the first quarter of the fiscal year 2023-24 (FY24). This review not …

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Prime Minister Modi To Launch 9 Vande Bharat Express Trains On 24th Of September

Prime Minister Modi To Launch 9 Vande Bharat Express Trains On 24th Of September

September 23, 2023

  Prime Minister Narendra Modi is all set to flag off nine Vande Bharat Express trains on Sunday, September 24th, according to ministry officials. Among these nine trains, the Indian Railways is launching two trains for West Bengal’s Howrah and Tamil Nadu’s Chennai, with one each for Kerala, Odisha, Telangana, Gujarat, and the poll-bound state …

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