Startup and venture funds on Tuesday cheered the Budget decision on the abolition of angel tax for all investor classes, terming it a "game-changer" that would remove significant barriers in growth and foster a vibrant and dynamic ecosystem. Angel tax refers to the tax that the government imposes on funding raised by unlisted companies, or startups if their valuation exceeds the company's fair market value.
According to the World Bank, economic growth in middle-income countries, including India, is not accelerating. 'In fact, it is slowing down as incomes increase, with the trend becoming more pronounced each decade.'
New Delhi has reached out to Moscow while waiting for a new president in Washington. New Delhi knows well that in international relations, there are no permanent friends or foes, only permanent national interests, points out Dr Rup Narayan Das.
Defence public sector undertakings (PSUs) have been asked by the Centre to hold roadshows in Dubai and Abu Dhabi to share their financials and business plans to reel in investors. Hindustan Aeronautics (HAL), Bharat Dynamics (BDL), Bharat Electronics (BEL), Garden Reach Shipbuilders & Engineers (GRSE), and Mishra Dhatu Nigam (MIDHANI) have informed stock exchanges that they will conduct investor outreach programmes and participate in 'non-deal' roadshows and meetings with prospective investors from September 12-15. They will share their short- and medium-term growth plans, financial metrics, improvement in their stock performance/ market capitalisation - and make a pitch of sorts to prospective investors.
With a large number of Indian youth aspiring to work in the railways, delays in filling up railway job vacancies were a point of criticism against the BJP in the run-up to the elections.
Gen Dwivedi, who has vast operational experience along the frontiers with China and Pakistan, was serving as the Vice Chief of the Army.
These "cyber commandos" will be different from personnel at cyber police stations and will work with local administration to tackle cyber threats.
The missile was fired from a ground mobile launcher at launch pad number-1 of the Integrated Test Range (ITR) near here at 3.55 pm, and it hit the target with accuracy, the sources said.
'There's significant interest from both existing and new sponsors who recognise the value of associating with Olympic athletes.'
In appointing Lt Gen Dwivedi, the government followed the seniority principle.
Stocks of defence-related companies have been firing on all cylinders on the bourses in calendar year 2023 (CY23). Shares of Hindustan Aeronautics (HAL), Bharat Electronics (BEL), Bharat Dynamics (BDL), Data Patterns, MTAR Tech, Cochin Shipyard and GRSE have rallied in the range of 21-96 per cent so far this year. By comparison, the BSE Sensex is up 8 per cent. The gains have been sustained on the back of robust export opportunities, a healthy project pipeline and the government's continued push for local manufacturing and indigenisation of defence equipment.
'General Paddy was amongst the last line of generals who stood by his convictions and brooked no interference in matters which were his domain.' Lieutenant General Zameer Uddin Shah (retd) salutes his former chief who passed away on August 19.
The five-day event will include aerial displays by aircraft and helicopters along with a large exhibition and trade fair of aerospace and defence companies.
A spate of recent orders under the Indigenously Designed Developed and Manufactured (IDDM) category have led to investor focus on defence stocks. Actually, the defence index has been an outperformer for a long while with public sector undertakings (PSUs) like Hindustan Aeronautics (HAL), Bharat Electronics (BEL), Bharat Dynamics (BDL), Garden Reach Shipbuilders Engineers (GRSE), Cochin Shipyard and Goa Shipyard being beneficiaries of the policy.
The missile has been developed to engage highly fortified enemy tanks in day and night conditions.
Signalling both change and continuity, India's new government, headed by Prime Minister Narendra Modi for a third consecutive term, got into work gear on Tuesday with cabinet ministers and ministers of state filing into their respective offices to assume charge.
Former Indian Air Force chief Air Chief Marshal R K S Bhadauria (retired) joined the Bharatiya Janata Party on Sunday and praised Prime Minister Narendra Modi's leadership and the steps taken by his government to modernise and strengthen the armed forces
The new variant of the Akash missile (Akash-NG) can strike targets at a distance of around 60 km and fly at a speed of up to Mach 2.5.
'Days ago, India witnessed the horror of the brutal rape and murder of a woman doctor on night duty at the R G Kar hospital in Kolkata.' 'The crime was so outrageous that any self-respecting chief minister should have resigned, bearing moral responsibility.' 'But then the terms 'self-respect' and 'moral responsibility' do not exist in the modern Indian political lexicon,' argues Vice Admiral Biswajit Dasgupta (retd).
The Lagrange point 1 (L1) of the Sun-Earth system is about 1.5 million km from the Earth. It is about one per cent of the total distance between the Earth and the Sun.
In line with the government's vision of 'Aatmanirbhar Bharat', the ministry of defence on Thursday signed contracts with Indian shipyards for the acquisition of 11 next generation offshore patrol vessels and six next generation missile vessels at a cost of nearly Rs 19,600 crore, officials said.
The tableau also depicts the first-ever operational high-speed regional rapid transit system (RRTS) of the country. It was launched by Prime Minister Narendra Modi on the priority section of its first corridor in October.
'Modi 3.0 will have more balanced policies like one saw in Modi's first term.'
The test was carried out by DRDO against a high-speed unmanned aerial target which was successfully intercepted by the missile.
Seeking a third straight term, Modi is not just looking to stamp his electoral dominance on India but also chasing history with another consecutive victory equalling first prime minister Jawaharlal Nehru's record.
Debates on changing the name of India to Bharat continue to spark a crisis of identity without answering moot questions that stare us in the face. Ramesh Menon asks a few of those questions that do not have easy answers.
Leaders of the West Bengal Congress unit, which has an alliance with the CPI-M-led Left Front in the state, were seen welcoming the Left leaders.
Those who continue to think that the 2024 election will see the BJP pursuing a more militant line are being alarmist, argues Rajeev Mantri. The BJP, Mantri believes, is not about to shoot itself in the foot. If anything, he says, the BJP may be more inclined to push a harder secularism.
A revealing excerpt from Rahul Shivshankar and Siddhartha Talya's book, Modi & India: 2024 and the Battle for Bharat.
Exit polls on Saturday predicted that Prime Minister Narendra Modi will retain power for a third straight term, with the Bharatiya Janata Party-led National Democratic Alliance expected to win a big majority in the Lok Sabha polls.
Singh made the remarks while addressing a "CEOs' Roundtable" at the 14th edition of Aero India at the Yelahanka Air Force station complex on the outskirts of Bengaluru.
The government will come out with a White Paper on the mismanagement of economy prior to 2014 with an aim to draw lessons.
The Chief of Air Staff, addressing a press conference ahead of the Air Force Day on October 8, asserted that the IAF will continue to remain deployed along the frontier in the region till complete disengagement takes place in the remaining contested areas.
'His way of communication is different than the first yatra.' 'Maybe his anger and frustration stems from the fact that no one is asking hard questions to the government and he is trying to do that.'
With this, it joined the elite club of eight countries to have such a capability.
While some parties including the Trinamool Congress, the Aam Aadmi Party and the Samajwadi Party were keen on having early seat-sharing talks, the Congress delayed the deliberations pending the outcome of assembly polls.
In 2014, Vardhan had defeated Kapil Sibal, then with the Congress, to win the Chandni Chowk Lok Sabha seat while in the 2019 polls, he trounced Congress' Jai Prakash Agarwal.
It is the first project of its kind in which a military aircraft will be manufactured in India by a private company.
Airbus Helicopters will partner with the Tata Group to establish a final assembly line for helicopters in the country, a development that will help in boosting indigenous manufacturing activities. This will be the second final assembly line that will be built by Airbus in India after the 'Make in India' C295 military aircraft manufacturing facility in Gujarat. The Final Assembly Line (FAL) will produce Airbus H125 helicopters from its civil range for India and for exporting to some of the neighbouring countries, Airbus Helicopter said in a statement.
The absence of the dashing wicketkeeper-batter leaves a big void in India's Test eleven, said Hayden
'Modi is trying avenues to convince people why they should vote for the BJP.'
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