India aims for defence hardware production, not assembly workshop: Rajnath

Defence Minister Rajnath Singh on Monday conveyed to the top honchos of Indian and global aerospace majors that India does not want to remain an "assembly workshop" for military platforms and......

A Serendipitous Civil Service Career

Every twist and turn in KMC's civil service career is attributed to serendipity, an aptitude for making desirable discoveries by accident. He plays down his capabilities, which took him to the top......

Mukesh Ambani's security cover upgraded to Z+

The government has upgraded the security cover of billionaire industrialist Mukesh Ambani to the top category of 'Z+' after a review of perceived threat perception to him by central intelligence......

Modi to unveil new Indian Navy ensign, put an end to colonial past

Prime Minister Narendra Modi will unveil a new ensign of the Indian Navy during the commissioning of the country's first indigenously-built aircraft carrier -- INS Vikrant on September 2, the PMO......

Sensex tumbles 724 points; bank stocks drag

Benchmark stock indices Sensex and Nifty tanked around 1 per cent on Thursday dragged by selling in banking and auto shares due to increased uncertainty about the timing of interest rate cuts after......

Largecap, midcap cutoff surges over 26% in latest Amfi classification

The rally in the equity markets in the second half of 2023 has led to a sharp surge in the cutoff for stocks to qualify as largecaps and midcaps. Illustration: Dominic Xavier/Rediff.com On the......

The Battle For Satellite Spectrum

While the market for satellite broadband currently is small, the potential is large as an estimated 30 per cent of the country does not have reliable terrestrial broadband services, reports......

NBFC business has to hit the reset button after RBI strengthens norms

“We will raise Rs 300 crore via bonds of two-, three- and five-year tenures. This will be our maiden bond issuance and is part of our effort to widen funding sources,” says Vimal......