Meet Subrat Shandilya: He didn’t just play with his toy aeroplane, he studied how it worked; today, the Nalanda engineer is developing a 2 kN jet engine for drones

Subrat Shandilya, a young aerospace engineer from Bihar, is developing a compact jet engine. His startup, Shandilya Aerospace, aims to create a lower-cost propulsion option for UAVs. The Bihar government has approved the project and will provide phased seed funding. Metal 3D printing is a key technology for rapid prototyping and efficient production. A jet…

BSE courts HFT firms to boost closing auction liquidity

BSE Ltd. is taking steps to engage traders in order to enhance day-end trading volumes after encountering liquidity challenges. The implementation of a new closing auction system has led to pronounced price fluctuations and diminished options turnover. According to the CEO, market participants are not experiencing the intended benefits. Since the system’s rollout in August,…