The total allocation to the defence sector is 12.9 per cent of the total budget of the government of India for the financial year 2024-25.
Eighteen months after the government started banning Chinese mobile apps, two distinct changes have occurred in the country's mobile app sweepstakes. The move has given a thrust to domestic app publishers, especially in certain segments and it has dramatically reduced the market share of Chinese apps. What started as an interim government ban on 59 Chinese apps, including the highly popular TikTok and WeChat in March 2020 ended as a permanent ban on many of them in January this year. According to a China Internet Report 2021 (by South China Morning Post), the market share of Chinese apps in India has dropped substantially from 44 per cent in 2018 to only 29 per cent in 2020. In 2017 it was 41 per cent.
In March 2021, Ola Electric founder Bhavish Aggarwal was seen surveying an empty 500-acre land surrounded by shoe factories, temples, bakery shops, coconut trees and dusty roads in Pochampalli town of Krishnagiri district, Tamil Nadu. Many excavators and workers were busy at the construction site to build the Ola Futurefactory for electric vehicles.
'My understanding is that by the time President Xi Jinping came for the Chennai summit [2019], he had already instructed his army to undertake the action in Galwan in the summer of 2020.'
The former Congress chief accused Modi of 'diverting public attention' through various means.
'India needs many more job creators, both in manufacturing and services, to make it big.' 'For that, the red carpet must be rolled out fully and for all investors without holding back,' suggests Nivedita Mookerji.
In a communication to the empowered committee on PLI recently, the Indian Cellular & Electronics Association (ICEA) has stated that except one player (Samsung), all the other eight players (which include vendors of Apple Inc) selected under the scheme were facing numerous challenges in fulfilling the qualification criteria.
'...and then get scaled down somewhat.' 'It will be difficult for any side to occupy meaningful territories, maybe just a bit here and there, and the destruction may vary on either side.'
'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm sorry... I'm not saying it's raining jobs, but there are jobs. The (skill) gap has to be bridged.'
LIC's $2.7-billion initial public offering (IPO) shall be the fifth-biggest globally in CY22. South Korean EV battery maker LG Energy Solution holds the record for the year's largest IPO at $10.8 billion, while Chinese mobile communications provider China Mobile IPO, which raised $8.6 billion, comes second. Dubai Electricity and Water Authority's (DEWA's) $6.1-billion IPO in March is currently the third biggest public offering for the year, followed by China National Offshore Oil Corporation's (CNOOC's) IPO; the firm had raised $5.1 billion by issuing shares in Mainland China after delisting from the American bourses.
The 'chip', named Gausatva Kavach, is manufactured by Rajkot-based Shrijee Gaushala.
China would soon launch a new facility for people to access TV, Internet and mobile phone through a single device combining broadcasting and telecommunication technologies.
Politely decline to be prime minister, and hand the baton to someone else in the BJP -- like Sonia did to Manmohan Singh -- advises Krishna Prasad.
Prime Minister Modi also made a veiled reference to China, saying the global order is based on the respect for the principles of the UN Charter, peaceful resolution of disputes, and respect for sovereignty and territorial integrity.
The Chinese film industry has started discussing with cellphone major Nokia the possibility of developing 'mobile film', considered the fifth-generation medium.
Photos circulating in social media on Thursday showed two banners hung on an overpass of a major thoroughfare in the northwest of the Chinese capital, protesting against Xi's unpopular zero-COVID policy and authoritarian rule.
The LAB leaders said they will continue with their struggle in a peaceful manner through chain hunger strikes and protests.
The government's target of hitting $52 billion to $58 billion in mobile phone exports in FY26 has been faltering; an Indian corporate group with financial muscle will help.
A combination of one of the lowest labour costs and a large surplus workforce, which will continue to grow until 2031, is one of the key competitive edges that India is leveraging to challenge its rivals in Southeast Asia in the race for a China-Plus-One strategy. Apart from India, the countries in the race to woo global companies that manufacture in China, as well as the supply chains to their country include Thailand, Indonesia, Malaysia, the Philippines, and Vietnam. On the labour front, India is a clear winner.
The Indian Army is effecting a major "reorientation" and "rebalancing" of its troops in the strategically sensitive areas along the Line of Actual Control (LAC) in Arunachal Pradesh, with a top general saying its overall combat readiness in the region is of a "very high order."
'How can a journalist be accused of terrorism when there is no overt act of terror committed?'
A whopping Rs 62,476 crore has been "illegally" transferred by smartphone maker Vivo to China in order to avoid payment of taxes in India, the Enforcement Directorate said Thursday, as it claimed to have busted a major money laundering racket involving Chinese nationals and multiple Indian companies. This money is almost half of Vivo's turnover of Rs 1,25,185 crore, it said without stating the time period of the transaction. The crackdown on the leading Chinese company came after the federal probe agency found that three Chinese nationals, all of whom "left" India during 2018-21, and one other person from that country incorporated as many as 23 companies in India in which they were also helped by a Chartered Accountant, Nitin Garg.
Global telecom industry body the GSM Association on Thursday said it has decided to cancel the 2020 edition of the sector's largest event Mobile World Congress due to health safety concerns around novel coronavirus outbreak.
While Narendra Modi spent fewer days abroad than his predecessor -- 275 days versus Dr Singh's 306 - he has travelled more widely than any other Indian PM.
Two full-fledged semiconductor fabrication plants are going to come up in India very soon entailing multi-billion dollar investment besides several chip assembly and packaging units, Minister of Electronics and IT Rajeev Chandrasekhar said. In an interview with PTI, the minister confirmed that the two projects include a $8 billion proposal submitted by Israel-based Tower Semiconductors and the other from Tata Group. "I am happy to share this with you and you are probably the first one I'm sharing this with.
India's defence sector presents an ordering opportunity worth $138 billion between fiscal years 2023-24 (FY24) and FY32, said a latest note by Nomura, which has initiated coverage on two defence-related players - Hindustan Aeronautics (HAL) and Bharat Electronics (BEL) - with a 'buy' rating. The research and broking house sees an upside potential of 28 per cent and 32 per cent, respectively in these two stocks from the current levels.
Apple is hoping to assemble in India 25 per cent of all iPhones produced globally to reduce its heavy dependence on China.
The 119 nearly identical construction sites, that could potentially house powerful weapons capable of reaching the American mainland, are similar to those seen at existing launch facilities for China's arsenal of nuclear-tipped ballistic missiles, the report said.
Like last year, IISc Bangalore, Delhi University and five Indian Institutes of Technology -- Bombay, Delhi, Madras, Kharagpur, Kanpur -- have secured positions in the elite top 100 institutes in Asia.
NewsClick founder Prabir Purkayastha and HR head Amit Chakravarty, arrested in a case filed under the anti-terror law UAPA following allegations the portal received money for pro-China propaganda, were sent to seven days of police remand, officials said on Wednesday.
Chinese mobile manufacturer Vivo will return to sponsor the IPL this season after its attempts to transfer the rights to another company failed to materialise as offers were not upto its "expectations".
Northern Army Commander Lieutenant General Upendra Dwivedi reviewed Exercise Red Hunt in Ladakh where lethality, survivability, mobility and situational awareness was demonstrated, exploiting newly inducted weapons and equipment in that operational theatre where the Indian Army's soldiers have been engaged in a military standoff with the Chinese People's Liberation Army since April 2020.
Delhi Police's Special Cell Tuesday morning conducted raids at 30 premises connected with online portal NewsClick as well as its journalists' houses, triggering outrage against the action among scribes.
The coming together of the Quad and the Australia-UK-US grouping would be a formidable adversary, moving toward the creation of a 'thousand ship navy' that reins in the PLA navy in the Indo-Pacific.
US officials say that outreach and public statements from Modi and others helped avert a crisis.
The Enforcement Directorate has filed its first charge sheet in connection with its money laundering probe against Chinese smartphone maker Vivo-India and some others, official sources said on Thursday. The prosecution complaint was filed before the court of Special Judge Kiran Gupta in New Delhi on Wednesday under the criminal sections of the Prevention of Money Laundering Act and Vivo-India has been named an accused apart from those arrested in this case, the sources told PTI. The judge posted the matter for consideration on December 13.
The plane crashed in the city of Wuzhou, the Guangxi Zhuang autonomous region of China, causing a forest fire, Sputnik reported citing China Central Television (CCTV).
'Chinese are going bang, bang, bang building 30-35 reactors.' 'We should announce a programme of 50 new reactors and show that we mean business on the ground and not just announcements.'
Indian Army has deployed Pinaka and Smerch Multiple Rocket Launcher Systems (MRLS) at forward position near the China border to counter any threat arising across on the Line of Actual Control (LAC).
Apart from senior officials, the mobile handset of junior officials were kept at the station, to hide any leaked information.
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