Economy

RVNL battles rail funding cuts with small nuclear reactors and overseas ventures

Pradeep Gaur, Chairman and Managing Director, RVNL Rail Vikas Nigam Ltd (RVNL), infrastructure , is reeling from a triple blow: a 25 per cent slash in Ministry funding, crippling delays in key road projects and associated revenue loss, and a nearly year-long stall in Vande Bharat sleeper train contracts. With revenues sliding, RVNL is now […]

Isro-HAL deal: HAL bags Small satellite launch vehicle tech transfer bid from Isro, beating Adani-backed Alpha Design Technologies, BDL-led consortia

Hindustan Aeronautics Limited (HAL) has won the bid for the transfer of technology (ToT) of the Small Satellite Launch Vehicle (SSLV), a key Isro project designed to rapidly launch payloads of up to 500 kg into low Earth orbit.Announcing the decision at a virtual press conference on Thursday, Indian National Space Promotion and Authorisation Centre […]

Economy

Hindustan Aeronautics wins bid to privatise India’s small satellite launch rockets

Hindustan Aeronautics Ltd wins bid to privately make India’s small satellite launch rockets | Photo Credit: PTI Hindustan Aeronautics Ltd has won the bid to privately make India’s small satellite launch rockets, the country’s space regulator said on Friday, the government’s biggest step yet to open its fast-growing space industry to private players. Reuters reported […]

Inventory Adjustments to Trigger 10% Drop in Small and Medium Display Shipments in 2Q25

London, United Kingdom:   New analysis from Omdia’s quarterly small medium display market tracker reveals shipment will decline by 10% quarter-on-quarter (QoQ) and 6% year-on-year in 2Q25. This downturn is due to business and inventory adjustments among small medium display application device makers, particularly smartwatch and smartphone makers. Tariff risks previously […]

ESAF Small Finance Bank Selects Kyndryl to Power Its IT Transformation and Digital Banking

  Kochi, Kerala, Bengaluru, Karnataka, India:  Kyndryl, a leading provider of mission-critical enterprise technology services, has been selected by ESAF Small Finance Bank, a new age bank with over nine million customers and 787 branches across India, to transform and manage the mission-critical technology that underpins its operations and future banking […]

RBI eases gold loan ‘value’ norms for small borrowers

MUMBAI: RBI on Friday issued revised norms for loans backed by gold and silver, aimed at widening credit access for small borrowers and standardising regulations across banks and NBFCs. The new rules will come into force from April 1, 2026.Under the revised framework, loan-to-value (LTV) ratio for smaller consumption loans has been increased. Borrowers can […]