MoD signs Rs 2,580 cr deal for Pinaka rocket launchers

In a big boost to the 'Make in India' initiative, the defence ministry has signed contracts worth Rs 2,580 crores with Indian companies to supply six army regiments with Pinaka missiles. The......

PM rolls out first Metro coach built under 'Make in India'

Prime Minister Narendra Modi, who on Saturday launched three more Metro lines for Mumbai worth over Rs 19,000 crore, underlined the need to create cities of the 21st century world as......

HAL wants private firm to build Dhruv chopper

A large Dhruv order could significantly boost Indian defence exports.These have grown from Rs 1,940 crore in 2014-2015 to Rs 10,745 crore in 2018-2019.Ajai Shukla reports. IMAGE: The Dhruv......

As LoC heats up, army buys 2 rocket regiments

The defence ministry has bought two regiments of the Pinaka multi-barrelled rocket launcher for Rs 32.3 billion, reports Ajai Shukla. With tensions escalating at the Line of Control between India......

PSU Disinvestment: Modi Missing The Bus

'Inter-ministerial coordination, information on the proposed PSUs, and due diligence are taking longer than expected to conclude the process.' Illustration: Uttam Ghosh/Rediff.com   In......

Budget 2023-24: T V Somanathan to Ajay Seth, meet the FM's crack squad

The Modi government will present its last full Budget on February 1 as the 2024 Budget will be a vote on account because the nation will be heading for the hustings from April next year. Arup......

Divestment's Tough Climate Call: The hurdle in govt's fund-raising path

There is money to buy the central public sector enterprises, but buyers will need a firm assurance that the disvestment programme will keep environment issues front and centre of their corporate......

Govt to press ahead with PSU stake sale: Sitharaman

The government will press ahead with the sale of public sector companies that have been approved by the Cabinet, Finance Minister Nirmala Sitharaman said on Thursday. Highlighting that FDI flow......