The Indian Air Force (IAF) has signed a memorandum of understanding (MoU) with the Indian Institute of Technology (IIT) Madras for technology development and finding indigenous solutions for the sustenance of various weapons systems.
The Reserve Bank of India (RBI) maintained an accommodative stance and cut the real Gross Domestic Product (GDP) growth projection for the 2022-23 to 7.2 percent, against the earlier projection of 7.8 percent.
The Indian Air Force (IAF) successfully carried out live test-firing of a BrahMos supersonic cruise missile from a Sukhoi fighter jet, Su30 MkI, on the Eastern seaboard.