The State Bank of India has raised $1 billion from Japan Bank for International Cooperation (JBIC) to extend loans to supply chain of Japanese automobile industry in India.
The DRDO lab Defence Materials and Stores Research and Development Establishment, Kanpur has developed a lightweight Bullet Proof Jacket. It has a weight of 9 kg.
The India's current account swung to a deficit for the first time in the current fiscal, with the gap coming at $1.7 billion or 0.2 per cent of the GDP in the December quarter.
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