NEWS - FutureSenseIndia

India Approves ₹7,280-Crore PLI Scheme for Rare-Earth Magnets: Big Boost for EV & Tech Manufacturing

bnb99blogger1 week ago1 week ago02 mins

In a major step toward strengthening India’s manufacturing ecosystem, the Union Cabinet has approved a ₹7,280-crore Production-Linked Incentive (PLI) scheme to boost the domestic production of rare-earth permanent magnets. These magnets may sound technical, but they are the backbone of modern technology — from electric vehicles to wind turbines, smartphones, defense equipment, and even satellites….

Airtel and Google to Build India’s First Mega AI Hub and Data Center in Visakhapatnam

bnb99blogger2 months ago2 months ago02 mins

Airtel and Google Join Forces to Build India’s First Mega AI Hub and Data Center in Visakhapatnam A major milestone in India’s digital transformation journey is on the horizon as Bharti Airtel Limited (Airtel) and Google partner to establish the country’s first large-scale AI Hub and Data Center. The groundbreaking project, located in Visakhapatnam, Andhra…

India’s September Inflation Hits 8-Year Low at 1.54% — Below RBI Forecasts

India Inflation Hits 8-Year Low at 1.54% — RBI May Consider Rate Cut

bnb99blogger2 months ago2 months ago03 mins

India’s latest inflation report brought a pleasant surprise for consumers and policymakers alike.Market analysts had expected Consumer Price Index (CPI) inflation to hover around 1.70%, but the official figure came in lower — at 1.54%. This marks the lowest inflation level since 2017, confirming that price pressures across the economy have eased significantly. The decline…

PNC Infratech Bags ₹495 Cr Bihar Road & Bridge Project

PNC Infratech Wins ₹495 Crore Bihar Bridge & Road Project from BSRDC

bnb99blogger3 months ago3 months ago01 mins

PNC Infratech Limited has announced that it has emerged as the lowest (L1) bidder for a major infrastructure project awarded by the Bihar State Road Development Corporation (BSRDC). The project involves the construction of a high-level bridge and approach road on the Hathouri–Atrar–Bavangama–Aurai Road in Bihar, covering a stretch of 21.3 km. The contract will…

RBI Cuts Repo Rate to 6% | April 2025 Monetary Policy Highlights & Outlook

RBI Cuts Repo Rate to 6% in April 2025: A Pro-Growth Shift with Accommodative Stance

bnb99blogger8 months ago8 months ago03 mins

In a significant move signaling a pivot towards supporting growth, the Reserve Bank of India (RBI) has released its Monetary Policy Statement for FY 2025-26, following the 54th meeting of the Monetary Policy Committee (MPC) held from April 7 to 9, 2025. Against a backdrop of moderating inflation and uneven global recovery, the central bank…

RBI Cuts Risk Weights – Boost for Banking & NBFC Stocks | Market Update

RBI Lowers Risk Weights: Banking & NBFC Stocks Rally – Key Takeaways

bnb99blogger9 months ago9 months ago02 mins

In a significant move to stimulate lending and bolster economic growth, the Reserve Bank of India (RBI) has revised its risk weight norms, leading to a notable surge in banking and Non-Banking Financial Company (NBFC) stocks. This policy adjustment is poised to enhance the lending capacity of financial institutions and address liquidity challenges faced by…

GE Power India Secures INR 403.38 Million Orders from NTPC and M.P. Power Generating Co. | Key Details

GE Power India Limited Secures INR 403.38 Million in Orders from NTPC and M.P. Power Generating Co.

bnb99blogger10 months ago10 months ago03 mins

GE Power India Limited, a key player in the power generation and energy solutions sector, has announced the receipt of significant purchase and work orders totaling INR 403.38 million (excluding 18% GST). These orders, awarded by NTPC Limited and M.P. Power Generating Co. Ltd., highlight GE Power India’s continued role in supporting India’s energy infrastructure. Here’s a detailed look…

RBI Reduces Policy Rate to 6.25% | Key Announcements from MPC Meeting

RBI Cuts Policy Rate to 6.25%: Key Takeaways from the Latest MPC Meeting

bnb99blogger10 months ago10 months ago04 mins

Today 7 Feb 2025, the RBI governor address following the Monetary Policy Committee (MPC) meeting held on the 5th, 6th, and 7th of this month, the Governor of the Reserve Bank of India (RBI) outlined the committee’s resolution, policy rate adjustments, and key regulatory measures. The MPC’s decisions are important to businesses, economists, academicians, and…

RBI Monetary Policy (7-Feb-2025): Key Expectations, Rate Cut Possibility & Market Impact

bnb99blogger10 months ago10 months ago02 mins

The Reserve Bank of India (RBI) is set to announce its monetary policy decision, with markets keenly watching for a potential rate cut. The new RBI Governor, Sanjay Malhotra, has taken charge, and expectations are high regarding his policy direction. Key Factors to Watch: Interest Rate Decision – Will RBI cut rates? If so, by…

Budget 2025: AI Sector Gets Indirect Boost Through Innovation & Skilling Initiatives

bnb99blogger10 months ago10 months ago02 mins

The budget speech introduces several initiatives that indirectly support the Artificial Intelligence (AI) sector, though it does not outline a dedicated AI policy. Here’s a breakdown of the key provisions: Key AI-Related Initiatives Centre of Excellence in AI for Education: A ₹500 crore allocation will fund a Centre of Excellence in AI for education, aimed…