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Showing posts from August, 2025

India’s First Uncrewed Gaganyaan Mission “G1” Likely to Launch in December 2025

  India’s First Uncrewed Gaganyaan Mission “G1” Likely to Launch in December 2025 India is preparing for a historic leap in space exploration with the upcoming first uncrewed Gaganyaan mission (G1) . The Indian Space Research Organisation ( ISRO ) has announced that the test flight is likely to take place in December 2025 , marking a major step toward India’s ambitious human spaceflight program. What is the Gaganyaan Mission? The Gaganyaan program is India’s first-ever attempt to send humans into space using indigenous technology. The project aims to demonstrate India’s ability to launch astronauts into low-Earth orbit, keep them safe for several days, and return them successfully. The program includes: Two uncrewed missions (G1 & G2) to test systems. One crewed mission carrying Indian astronauts, now targeted for early 2027 . December 2025 Launch: Gaganyaan G1 Details The Gaganyaan G1 mission will be uncrewed but will carry Vyommitra , a female humanoid robot...

Gem Aromatics IPO Day 2: Subscription Status and GMP Trends Explained

The Gem Aromatics Ltd IPO has entered its second day of subscription and continues to attract investor attention. The IPO, listed under the SME segment , has gained momentum with strong participation from both retail investors and non-institutional investors (NII) . Investors are also closely tracking the Grey Market Premium (GMP) , which provides early indications of listing gains. On Day 2 , the IPO witnessed healthy bidding activity: Overall Subscription: 1.35× Retail Investors: 1.53× Non-Institutional Investors (NII): 1.11× This indicates stronger traction among retail participants , while NIIs are gradually increasing their bids. The GMP of Gem Aromatics IPO has been hovering in the positive zone, suggesting investors are expecting moderate listing gains. While GMP is not an official indicator, it often reflects market sentiment and demand before listing. Important IPO Dates IPO Open Date: 19 August 2025 IPO Close Date: 21 August 2025 Allotment Date (...

“India Clears ₹62,000 Crore Tejas Mk-1A Deal: Boost for HAL, IAF & ‘Make in India’”

  On August 19, 2025 , the Indian government cleared a landmark ₹62,000 crore contract to acquire 97 Tejas Mk-1A fighter jets from Hindustan Aeronautics Limited (HAL) . The move signals a major leap toward self-reliance in defence manufacturing and a strategic enhancement of the Indian Air Force’s capabilities. What’s in the Deal? Scale & Scope : The order covers 97 advanced LCA Tejas Mk-1A jets , bringing the total Mk-1A commitment to 180 units . What Makes Mk-1A Special : Upgraded avionics and sensors, including AESA radar variants (EL/M-2052 or indigenous Uttam), advanced electronic warfare systems, in-flight refueling, and enhanced weaponry. Strategic Context Modernizing the IAF : The Mk-1A jets are set to phase out India’s aging MiG-21 fleet. ‘Make in India’ Momentum : With over 65% indigenous content , the deal advances both the Make in India and Atmanirbhar Bharat agendas. Market & Industrial Impact Stock Market Response : HAL shares surged 3–4% ...

SBI Raises Home Loan Interest: How It Compares With Other Leading Lenders

 On 17 August 2025 , the State Bank of India (SBI) —India’s largest mortgage lender—raised the upper band of its home loan interest rates by 25 basis points , effective 1 August 2025 , elevating it from 8.45% to 8.70% , while maintaining the lower limit at 7.50%.  This change comes amid the RBI’s decision to hold the repo rate steady at 5.55% during its August monetary policy review. What Does This Mean for Borrowers? For prospective home loan applicants, this adjustment translates to higher borrowing costs and potentially increased EMIs , depending on their credit profile and the interest rate band they fall into. Current Home Loan Rates at Major Banks Bank Interest Rate Range SBI 7.50% to 8.70% (new upper limit) HDFC Bank Starting from 7.90% (home, balance transfer, renovation, extension) ICICI Bank 7.70% onwards (₹5 crore loans); varies by profile and loan size (8.75% to 9.80%) Kotak Mahindra Bank Starting 7.99% ; floating-to-fixed switch at 12% Bank of Baroda (BoB)...