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Such hullabaloo over INS Vishal!

The navy wants to spend Rs 40,000 crore on INS Vishal, a choice the army and air force oppose.This is as much about turf as about funding. explains Ajai Shukla. IMAGE: The INS Vikramaditya, which......

India looking to set up theatre command for J-K: Gen Rawat

India will have two to five theatre commands to deal with future security challenges along the western and northern borders and the first one is expected to be operational by 2022, Chief of Defence......

Indian Navy forces Chinese naval ship to retreat from Andaman

IMAGE: Chief of Naval Staff, Admiral Karambir Singh, at a press conference in New Delhi, on Tuesday. Photograph: Subhav Shukla/PTI Photo Navy Chief Admiral Karambir Singh on Tuesday said a......

Will India get 3rd aircraft carrier?

Costing Rs 500 billion, the INS Vishal will be the Indian military's single most expensive defence platform.Ajai Shukla reports. IMAGE: The Indian Navy currently operates only a single aircraft......

By 2050, India will have a world-class navy: Naval chief

Navy chief Adm. Sunil Lanba said that by 2050, India will have 200 ships, 500 aircraft. IMAGE: Chief of the Naval Staff Admiral Sunil Lanba at a press conference in New Delhi. Photograph:......

Will 2020 bring cheer to Indian banking sector?

Amid slowdown blues, the government has unveiled a raft of measures over the past few months aimed at improving liquidity in the system, moderating interest rates as well as credit growth apart......

Loans to get cheaper as banks will pass on rate cut

The RBI has this year cut interest rates by 110 basis points in four instalments but banks have passed only a part of it to borrowers. Before the last reduction earlier this month of 35 basis......

RBI urged to provide names of big loan defaulters

The CIC's directive came while deciding on a plea by Lucknow-based activist Nutan Thakur, who had based her RTI application on some media reports that RBI deputy governor Viral Acharya in a lecture......

We need a Sudarshan Chakra for PSB revival

'Every few days, I wake up with a sense of restlessness that time is running out'...'We have created a due process for stressed assets to resolve, but there is no concrete plan in place for public......

12 bank accounts and Rs 1.78 lakh crore bad debt

The gross bad debt of the Indian banking system as of March was at Rs 7.11 lakh crore The Reserve Bank of India (RBI) on Tuesday said its internal advisory committee (IAC) had identified 12......

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