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.
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 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.