Business Economy


Hyd: Raghu Vamsi Aerospace to focus on 100 pc indigenous systems

Hyderabad, June 18 (UNI) Hyderabad based Raghu Vamsi Aerospace Group, a leader in high-precision manufacturing, today said that “We are building the future of autonomous warfare with 100% indigenous systems”.
To support its expanding product portfolio, the company is developing a state-of-the-art 250,000 sq. ft. manufacturing facility at Hardware Park, Hyderabad, said Vamsi Vikas, Managing Director, Raghu Vamsi Aerospace Group, in a release here.
This facility will house specialized divisions for: High-precision machining for global OEMs; Sub-assemblies for missile systems; Final assembly for engines, UAVs, and unmanned ground vehicles, he said.
The plant is expected to be operational by early 2026, creating over 1,000 high-skilled jobs and significantly increasing India’s domestic aerospace manufacturing capacity, he added.
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ANSR to set up 200 new GCCs in next 5-year globally including India

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Forex reserve witnesses a fall: RBI Weekly Statistical Supplement

12 Jul 2025 | 5:15 PM

New Delhi, July 12 (UNI) As per the report by the Reserve Bank of India (RBI) India’s Forex Reserve fell to the mark of $ 699.74 billion. India’s foreign exchange reserves refer to the assets controlled by the Reserve Bank of India in foreign currencies. Policymakers monitor these reserves to maintain smooth liquidity inside the domestic economy.

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Meghalaya businesses, entrepreneurs voice concern during a meeting with Sitharaman

12 Jul 2025 | 4:33 PM

Shillong, July 12 (UNI) Union Finance and Corporate Affairs Minister Nirmala Sitharaman today chaired a stakeholder interaction here in Meghalaya, where she engaged directly with business leaders, entrepreneurs, industry representatives and citizens.

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Wockhardt announces exit from generics drugs Business in US

12 Jul 2025 | 4:15 PM

Mumbai, July 12 (UNI) Pharma company Wockhardt stated in a regulatory filing that it will exit from the US generic drugs market.

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Google hires Varun Mohan and other key executives of Windsurf Research

12 Jul 2025 | 3:45 PM

New Delhi, July 12 (UNI) Google also made its official entry into the AI-led talent war going on these days. The tech major reveals an agreement to hire Varun Mohan (co-founder and CEO of Windsurf Research).

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