US DFC To Invest $37.5 Million In Indian Businesses To Support Economy
The US International Development Finance Corporation (DFC) recently announced to invest $37.5 million (Rs 299 crorea) to support key sectors in India. The investment is expected to fuel the growth of businesses working in sectors like financial services, agriculture, healthcare, and climate. The company announced the investment in their current FY Quarter, as a form of political risk insurance product and financial instrument for various… read-more
Tags: Indian Startups, Investment, us company, DFC, Indian Economy
Courtesy: First Post
Dedicated Freight Train Corridor: Trial Run Achieves Up To 100 Kmph
For the first time, the Indian Railway has successfully tested its dedicated freight train corridor by operating a freight carrier at a speed of 100 km/h. The test run was completed on the 351-Km stretch of the eastern DFC Bhaupur-Khurja section. Moreover, the train registered an average speed of 70kmph. Reportedly, under the Dedicated Freight Corridor (DFC) Project, two stretches of 1856 Km and 1504 Km are being developed.
Tags: DFC, train, speed, Travel, Corridors, RAILWAYS
Courtesy: Financial Express