Faced with a $487 billion slash in its budget over the next 10 years, the Pentagon has announced that it will downsize its military forces by 100,000, even as Defence Secretary Leon Panetta asserted that United States will remain a force to contend with anytime and anywhere.
'The stimulus message was tagged on to what was meant to be an exhortation to self-reliance, glossing over the near impossibility of merging the immediate requirement of relief for a huge population and a questionable strategy for the future trajectory of a large economy aspiring to superstardom,' points out Shreekant Sambrani.
The vehicle can attain a maximum speed limit of 25 km per hour and is the first of its kind in the small variants of bullet proof vehicles.
Narendra Modi has made it easier for businesses to buy farm land.
Whatever its apprehensions and concerns about the regime of the Rajapaksa clan, India must be ready with unconditional assistance when Colombo asks for it. Because it will, observes Aditi Phadnis.
'Defence and aerospace show huge potential thanks to the government's Make in India push.'
Here are five talking points from the weekend's action:
China and India, it says, will register the world's biggest increases in defence spending through 2030, measured by percentage, says Washington-based 'Defence News'.
In the four-paragraph letter, Jaitley said he had orally informed Modi about his desire not to be a part of the new BJP government to enable him to concentrate on treatment and health.
Maharashtra has the opportunity to solve all these problems by voting for the Congress and NCP, he said.
Most of the 400,000 Pentagon staff sent home amid the US government shutdown have been ordered to return to work even as the deadlock over the federal budget between Republicans and Democrats entered its sixth day on Sunday.
The President may not have agreed with the government on many occasions. Not once was this ever made public -- though he told off ministers in private.
He said RSS men were planted in each ministry.
Poonawalla said the price will be around USD 5-6 per dose with an MRP of around Rs 1,000 for the two necessary doses.
The Congress chief said if his party is elected to power, its government would spend 6 per cent of the GDP on education.
The Covid pandemic has left a question mark on how the central government manages its staff.
India will need an annual investment of Rs 15 trillion in infrastructure over the next five years, says Chandrajit Banerjee, DG, CII.
The challenge of achieving fiscal deficit targets for the next two years seems daunting.
Two former defence ministry officials and a retired army man were on Tuesday sentenced to four years in jail by a Delhi court for causing loss of over Rs 7.3 crore to the state exchequer by drawing payment for material which was never supplied.
The government's dependence on debt has come down from 27 paise in the previous Budget to 25 paise in the coming year, reflecting ease of pressure on revenue collections.
Despite all of the PM's many strengths, it is increasingly clear that he does not necessarily have a coherent and clear worldview on matters of macro policy.
The successful test firing of medium range surface-to-air missiles is welcome news for the IAF.
Foreign brokerage Goldman Sachs on Monday said it expects new Finance Minister Arun Jaitley to peg the fiscal deficit target for FY15 at 4.3 per cent, up from the 4.1 per cent stated by his predecessor P Chidambaram.
They will be remanded to 11 days judicial custody.
As the Modi government enters the fourth year of its tenure, it is looking more confident, shedding its earlier inhibitions about offering sops or new opportunities to big business, says A K Bhattacharya.
The 30-share Sensex ended up 142 points at 29,462 and the 50-share Nifty gained 26 points to end at 8,895.
Biggest culprit behind India's eroding tax base is excise
Chinese President Xi Jinping has announced that the 2.3 million strong People's Liberation Army, the world's largest, will be trimmed by three lakh.
The National Democratic Alliance on Monday night threatened to stall Parliament proceedings to press for the withdrawal of the second affidavit filed against Fernandes.
During Vajpayee's tenure, he was there as an indispensable insider, witness to every action that had an impact on history: Pokhran-II (nuclear tests in 1998), the 1999 Kargil conflict between India and Pakistan, the Indo-Pak Agra Summit in 2001, intense engagement with the United States on nuclear issues besides the Kandahar hijack.
Jaitley's fiscal arithmetic, Crisil said, is "shaky", and the scope for fiscal slippage "remains high".
'The picture only looks worse from where Bajwa sits.' 'He sees a domineering India to the east, an unravelling Afghanistan and a complex Iran to the west, an overbearing China on the north and a US which is no longer an ally,' observes Shekhar Gupta.
'Parsis are brought up with a great sense of the importance of truth and speaking your mind.'
