PM of India and President of India welcomed the completion of the notification process in the U.S. Congress on August 29 for a commercial agreement between General Electric Aerospace and Hindustan Aeronautics Ltd. (HAL) to manufacture GE F-414 jet engines in India and the commencement of the negotiations.

posted by 9th Sep 2023

The reserve bank has decided to discontinue the Incremental Cash reserve ratio in a phased manner. The measure was intended to absorb surplus liquidity generated by various factors, including the return of 2000 rupees noted to the banking system.

posted by 9th Sep 2023