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Germany, France, Spain reach general agreement over fighter jet: Source

Dassault Aviation, Airbus and Indra are involved in the scheme to start replacing France s Rafale and German and Spanish Eurofighters from 2040, with the next step of development expected to cost 2.5 billion euros ($3.00 billion) in total. ....

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5G network: High price, migration to 5G from 2G/4G, among factors for successful 5G implementation in India: Ind-Ra

Synopsis
“The reserve prices for 5G auctions are too high. Although the 5G auctions are not yet announced, the reserve price could yield a return on capital employed of only 7%,” the ratings firm said in a note on Wednesday after the government gave its nod on commencing 5G trials.
Agencies
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High price of 5G airwaves in India, willingness of users to migrate from 2G/4G to 5G and the capital expenditure that telecom companies will incur to deploy full-scale commercial 5G network are some of the unknown variables that need to be addressed before successful implementation of the next-gen technology, India Ratings and Research (Ind-Ra) said. ....

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IndRa revises India's FY22 GDP growth forecast to 10.1% on second COVID-19 wave

IndRa revises India s FY22 GDP growth forecast to 10.1% on second COVID-19 wave
Earlier this month, the Reserve Bank maintained its 10.5 per cent GDP growth estimate, but Governor Shaktikanta Das has flagged the rising cases as the biggest impediment to recovery
PTI | April 23, 2021 | Updated 15:07 IST
India Ratings and Research on Friday revised down India s FY22 real GDP growth forecast to 10.1 per cent, from earlier projection of 10.4 per cent, citing the second wave of COVID-19 infections and slower pace of vaccination. At a time when large parts of the country are experiencing tremendous pressure on medical infrastructure, the agency said it expects the second wave to start subsiding by mid-May. ....

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India Ratings revises down India's FY22 GDP growth forecast to 10.1%

MUMBAI: India Ratings and Research on Friday revised down India s FY22 real GDP growth forecast to 10.1 per cent, from earlier projection of 10.4 per cent, citing the second wave of Covid-19 infections and slower pace of vaccination.
At a time when large parts of the country are experiencing tremendous pressure on medical infrastructure, the agency said it expects the second wave to start subsiding by mid-May.
Earlier this month, the Reserve Bank maintained its 10.5 per cent GDP growth estimate, but governor Shaktikanta Das has flagged the rising cases as the biggest impediment to recovery.
Other brokerages and analysts have also been revising down their forecasts in the light of the second wave. ....

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