India carries out maiden test of indigenous engine for future tanks, which will power Arjuns & FRCVs
This paves the way for India using indigenous engines & not being dependent on foreign ones. The 1,500 HP engine will be used for Arjun MK-1A instead of German engine chosen initially. Key Points
ThePrintOnion export ban may be lifted as prices drop, supplies rise
India plans to lift the ban on onion exports due to a significant drop in vegetable prices in the main producing regions. The ban was imposed on December 8, following domestic prices doubling in three months due to production decline. Prices have dropped by 20% to Rs 1,500 per quintal, with fresh kharif onions increasing to 15,000 quintals daily. Key Points
Economic TimesPaytm is Sanjiv Bhasin’s top Navratri bet; here’s why
Sanjiv Bhasin, Director at IIFL Securities, believes that Paytm is currently at a fair value of Rs 850-900. The company's management has highlighted that India is now leading in digital transactions, surpassing China. Paytm's QR code technology and newly formed NBFC are seen as positive factors. Bhasin predicts that the stock could reach Rs 1,500 by the next Diwali. Additionally, Bhasin suggests Tata Steel, Hindalco, and Devyani International as his other stock picks for Navratri. Key Points
Economic Times