News for 'Controller General Defence Accounts'

To become developed nation by 2047, India needs stronger army: Rajnath

To become developed nation by 2047, India needs stronger army: Rajnath

Rediff.com1 Oct 2023

Describing the DAD as the "guardian of defence finance", he emphasised the need to bolster the internal vigilance mechanism so that any suspicious activity can be detected and reviewed immediately.

Operation Sindoor: India avenges Pahalgam as missiles hit sites in Pak, Pok

Operation Sindoor: India avenges Pahalgam as missiles hit sites in Pak, Pok

Rediff.com8 May 2025

In a strong retaliation to the Pahalgam massacre, India's armed forces early Wednesday destroyed nine terror sites including that of Jaish-e-Mohammad and Lashkar-e-Taiba in Pakistan and Pakistan-occupied Kashmir (PoK) using deep strike missiles in a 25-minute-long 'measured and non-escalatory' mission.

Rare Earth Magnet Shortage: Will China Play Ball?

Rare Earth Magnet Shortage: Will China Play Ball?

Rediff.com25 Jun 2025

The 17 rare earth elements that are at the centre of the current crisis are critical components of everyday products -- from cars to jet engines to electronics like smartphones and flat-screen TVs.

Kesari 2: What *Really* Happened

Kesari 2: What *Really* Happened

Rediff.com16 Apr 2025

The grilling of Brigadier-General Dyer by Akshay Kumar's Sir C Sankaran Nair, as shown in Kesari 2, is purely an imaginary sequence, proves Utkarsh Mishra.

'China Was Single Most Important External Factor In This Conflict'

'China Was Single Most Important External Factor In This Conflict'

Rediff.com15 May 2025

'Every decision India makes along the LoC, it must also consider implications along the LAC.'

'I Am Dying For My Country'

'I Am Dying For My Country'

Rediff.com14 Apr 2025

It took Udham Singh 21 years to avenge the massacre of Jallianwala Bagh. And 34 years for his remains to return to India after execution in a British prison.

What Modi Can Learn From Trump's DOGE

What Modi Can Learn From Trump's DOGE

Rediff.com28 Nov 2024

'Our politicians solely depend on bureaucrats who are unaccountable and follow their own agenda.' 'Our politicians would dare not dream of establishing a DOGE,' argues Lieutenant General Prakash Katoch (retd).

India Should Tread Warily On Battlefield

India Should Tread Warily On Battlefield

Rediff.com1 May 2025

Pakistan has warned the international community that any military moves by India shall be 'responded to assuredly and decisively... onus of any escalatory spiral and its consequences shall squarely lie with India.' Implicit in the statement is a veiled threat that even a nuclear threshold may be reached if push comes to shove, warns Ambassador M K Bhadrakumar.

India-Pakistan: 'China Could Create Problems'

India-Pakistan: 'China Could Create Problems'

Rediff.com7 May 2025

'If there is a military standoff eyeball to eyeball on the western border, the Chinese could create problems by making movements in the north, in our northeast, which could involve us tying down some forces there so that could stretch our military actions.'

'CBI should reveal discoveries from Swizz evidence on Bofors payoffs'

'CBI should reveal discoveries from Swizz evidence on Bofors payoffs'

Rediff.com9 Mar 2025

Journalist and author Chitra Subramaniam has demanded that the Central Bureau of Investigation (CBI) make public its findings from the "box of evidence" received from Switzerland regarding the Bofors payoffs. Subramaniam, author of 'Boforsgate: A Journalist's Pursuit of Truth', expressed concerns about the lack of transparency surrounding the evidence, questioning who opened the box, when it was opened, and what it contained. She also raised doubts about the official narrative regarding the alleged bribe in the Bofors case, suggesting the sum of Rs 64 crore may not reflect the full extent of the corruption. Subramaniam also alleged that the CBI planted stories about Hindi film actor Amitabh Bachchan to derail the investigation and launched a political vendetta against the Bachchans. She recalled that Bachchan had come to her home and asked if she had seen his name. The CBI has recently requested assistance from the United States in the case, seeking information from private investigator Michael Hershman, who claims to have crucial details about the scandal. The Bofors scandal, a major bribery case involving the Indian government and the Swedish arms manufacturer Bofors in the 1980s, pertains to allegations of a Rs 64-crore bribe in a Rs 1,437-crore deal for the supply of 400 155mm field Howitzers.

'Tahawwur Rana Won't Get Solitary Confinement, But...'

'Tahawwur Rana Won't Get Solitary Confinement, But...'

Rediff.com11 Apr 2025

'It is ensured that no adversaries or people who oppose Tahawwur Rana's philosophy are housed in the same ward or jail.' 'Additionally, it is ensured that he does not have any prior contacts within that jail.' 'So, the lodgment of such a high-profile prisoner is done very carefully.'

Indian forces have transformed to meet diverse warfare challenges: IAF chief

Indian forces have transformed to meet diverse warfare challenges: IAF chief

Rediff.com14 Jan 2024

The Indian Air Force, in particular, has grown from a very modest beginning just about 90 years ago, to being "one of the most formidable air forces in the world", the IAF chief said.

Armed Forces Transformation Key To Strong And Secure Bharat

Armed Forces Transformation Key To Strong And Secure Bharat

Rediff.com5 Sep 2024

De-centralised execution should drive the operational concept and support military strategy, under a unified command architecture. Enablers and technology need to be positioned first for such an activity to be undertaken, recommends Lieutenant General Anil Chait (retd).

Rural spending has skyrocketed but defence hit badly

Rural spending has skyrocketed but defence hit badly

Rediff.com10 Jul 2020

Free provision of food, cash transfers, and jobs in villages see enhanced flow of funds despite a precipitous fall in revenue. Till May, defence spend was nearly 30 per cent less than the previous year.

Iranian attack appears to have been defeated: Biden

Iranian attack appears to have been defeated: Biden

Rediff.com2 Oct 2024

The Iranian missile attack on Israel appears to have been defeated and ineffective, United States President Joe Biden said, hours after Tehran fired nearly 200 missiles at Israel.

Trump 2.0: Will Bulls Run Amok?

Trump 2.0: Will Bulls Run Amok?

Rediff.com8 Nov 2024

'Investors looking at the next 6-12 months can be certain that the Fed will maintain its easing cycle, and we expect the overall environment to be conducive for fixed income investments for portfolio diversification.'

Bharat Electronics' growth story is intact after excellent Q4 performance

Bharat Electronics' growth story is intact after excellent Q4 performance

Rediff.com29 May 2024

Bharat Electronics (BEL) reported excellent results for the January-March quarter (Q4) of FY24, which were driven by decent EBITDA margins and higher PAT as well as good revenue growth. Order inflows were also good. BEL is a major beneficiary of the policy of defence indigenisation.

Why India's defence planning is a no-brainer

Why India's defence planning is a no-brainer

Rediff.com13 May 2014

The defence ministry has signed off on a national security plan that it cannot fund. Ajai Shukla reports

Prosperity Is Not India's Birth Right

Prosperity Is Not India's Birth Right

Rediff.com30 Nov 2024

If growth reverts to the pre-Covid level, a lot of people may have to temper their rosy optimism, points out Debashis Basu.

LCH: Lessons For Indian Defence

LCH: Lessons For Indian Defence

Rediff.com15 Dec 2021

It is baffling how the PM chose the LCH as an indigenous product to celebrate on Rashtriya Raksha Samarpan Parv, even while his Cabinet holds up manufacturing clearance for 15 LCHs on the grounds that they are not Indian enough.

SC seeks OROP payment plan from Centre within a week

SC seeks OROP payment plan from Centre within a week

Rediff.com13 Mar 2023

The Supreme Court on Monday said the ministry of defence cannot take law in its own hands by issuing communication on payment of One Rank-One Pension (OROP) arrears in four instalments.

Growth, valuations support Ashok Leyland as competition rises in industry

Growth, valuations support Ashok Leyland as competition rises in industry

Rediff.com1 Jul 2024

The stock of commercial vehicle (CV) company Ashok Leyland is up 46 per cent in the past three months, gaining despite worries about a slowdown in sales volume. Brokerages have a mixed view on the country's second-largest medium and heavy commercial vehicle manufacturer. The company reported steady March quarter results and its valuation, focus on growth and medium-term prospects are positive, but some brokerages are cautious, given near-term demand concerns and the risk of competition increasing in the industry.

Thousands join in as Modi leads nation in cleanliness drive ahead of Gandhi Jayanti

Thousands join in as Modi leads nation in cleanliness drive ahead of Gandhi Jayanti

Rediff.com1 Oct 2023

Wielding a broom, the prime minister took part in the drive along with fitness influencer Ankit Baiyanpuriya.

'There Has to Be Exemplary Punishments'

'There Has to Be Exemplary Punishments'

Rediff.com27 Aug 2024

'These allegations need to be treated with utmost seriousness.'

Assault case filed against director Ranjith, 4 actors under cloud

Assault case filed against director Ranjith, 4 actors under cloud

Rediff.com26 Aug 2024

The fallout from the Justice K Hema Committee report on harassment and abuse in the Malayalam film industry intensified on Monday as a case was filed against well-known filmmaker Ranjith, and several female actors stepped forward with disturbing accounts of the mistreatment they faced at the hands of their various male counterparts.

Delhi records over 100 mm rains; woman, infant fall into drain

Delhi records over 100 mm rains; woman, infant fall into drain

Rediff.com1 Aug 2024

Six weather stations across Delhi recorded over 100 mm of rain in a single day, the India meteorological department (IMD) said on Thursday, categorising it as an "extremely intense spell".

Good new for ex-servicemen: Centre releases new pensionary benefits

Good new for ex-servicemen: Centre releases new pensionary benefits

Rediff.com14 Mar 2016

The government on Monday announced that it has credited revised pensionary benefits along with arrears under One Rank-One Pension scheme to more than 2 lakh pensioners drawing service and disability pensions.

Policy, valuations could keep rural stocks in play post-2024 polls result

Policy, valuations could keep rural stocks in play post-2024 polls result

Rediff.com13 Jun 2024

Most brokerages are betting that the new government will shift to a policy focussing on boosting rural incomes and consumption since that has clearly been a pain point.

'Israel Will Engineer A Broader War'

'Israel Will Engineer A Broader War'

Rediff.com4 Oct 2024

'Israel is counting on the United States to enter the fray on their behalf and perform destructive strikes against these targets that are beyond Israel's conventional capabilities.' 'They may well get their way if they start a war, because the United States is still committed to Israel's security, and it won't matter whether it is Trump or Harris in the White House.'

Kabhi Jeet, Mostly Haar

Kabhi Jeet, Mostly Haar

Rediff.com23 Nov 2024

The dawn of a new era had begun under Sourav Ganguly's aggressive leadership. With Ganguly and Coach John Wright at the helm India had transitioned into a force to be reckoned with.

Time To Book Profits In PSU Funds?

Time To Book Profits In PSU Funds?

Rediff.com4 Mar 2024

While near-term performance is difficult to predict after a huge run-up, fund managers believe the PSU theme's prospects remain sound over the medium to long term.

India plans to be among top 5 defence producers by 2025

India plans to be among top 5 defence producers by 2025

Rediff.com31 Oct 2019

The defence ministry is shooting to achieve an annual export target of $5 billion by 2025.

An Agenda for the Defence Minister

An Agenda for the Defence Minister

Rediff.com4 Jun 2019

The new minister must commit himself to supporting long-term defence plans or else defence modernisation will continue to lag and the growing military capabilities gap with China will assume ominous proportions, warns Brigadier Gurmeet Kanwal (retd).

Will General Bakshi be India's first CDS?

Will General Bakshi be India's first CDS?

Rediff.com19 Dec 2016

'In the present era of strategic uncertainty and rapidly changing threats, no military professional now disputes the unavoidable necessity of a joint planning staff for the planning and conduct of joint operations so that integrated operations can be planned 'top down',' says Brigadier Gurmeet Kanwal (retd).

Sitharaman's pre-election budget shuns populism, boosts infra spend

Sitharaman's pre-election budget shuns populism, boosts infra spend

Rediff.com1 Feb 2024

Finance Minister Nirmala Sitharaman on Thursday announced a Rs 11.11 lakh crore spending on infrastructure and vowed to continue reforms as she resisted resorting to populist measures in Modi government's last Budget before general elections, instead choosing to stay on the path of cutting deficit while bolstering measures for focus groups.

Deepfakes And The Threat To 2024 Elections

Deepfakes And The Threat To 2024 Elections

Rediff.com11 Mar 2024

If left unchecked, the 2024 elections may be infamously remembered as the election of deepfakes. The ECI has a tough task ahead, but, more importantly, it has an opportunity to become a global model for scores of countries going to polls this year, notes Ajay Kumar.

Situation near Indo-Myanmar border concerning: Army chief

Situation near Indo-Myanmar border concerning: Army chief

Rediff.com12 Jan 2024

About 416 Myanmarese soldiers crossed over to India in view of the situation arising out of the fighting between Myanmar's armed ethnic groups and the government forces, and Indian military is 'closely watching' the unfolding developments, Army Chief General Manoj Pande said on Thursday.

13,000 shifted to shelters in Manipur amid sporadic violence

13,000 shifted to shelters in Manipur amid sporadic violence

Rediff.com5 May 2023

The Imphal Valley in Manipur, which remained peaceful for most of Friday, witnessed sporadic clashes later in the day as more security forces were rushed in from other states by road and air to calm down a state which had witnessed bloody ethnic rioting over the last 48 hours.

IRFC, NBCC, SJVN, BHEL: PSU stocks are on fire; analysts see more headroom

IRFC, NBCC, SJVN, BHEL: PSU stocks are on fire; analysts see more headroom

Rediff.com15 Feb 2024

Stocks of public sector undertakings (PSUs) have been on fire in the past year as investors cheered an improvement in key operating metrics and embraced counters of these state-owned enterprises, analysts suggest. The S&P BSE PSU Index has gained over 90 per cent in the past year, rising much higher than the S&P BSE Sensex, which has rose nearly 19 per cent during this period, according to ACE Equity data. The BSE PSU Index, reports show, has delivered a compound annual growth rate (CAGR) of 28 per cent (including dividends reinvestments) over five years and risen by almost 60 per cent in the past year.

Is Election Commission Scared Of Modi?

Is Election Commission Scared Of Modi?

Rediff.com25 May 2024

This election will be remembered for being the first election where the Election Commission failed to take action on gross violations involving the ruling party that repeatedly used religion, communal slurs, lies and undocumented allegations, observes Ramesh Menon.