'If you take any ministry of defence project, Nibe is up there, getting orders.'
Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.
Glimpse what our politicians were doing at the beginning of 2025.
'The ruling elite are supporting those attacking the people of Gaza.' 'As a nation we should not cooperate with the oppressor regime that is allowing mass starvation as a weapon of war.'
In the last 11 years, India and the world witnessed what he stood for, what he promised and did not deliver, and what he actually stood for and practised without fearing how history would judge him. Modi's tenure has been punctuated with headline-grabbing decisions, symbolic gestures, and stage-managed moments that continue to define his leadership and India's politics, points out Ramesh Menon.
Strategic affairs experts express concern over US President Donald Trump's tariffs on India, his 'bullying tactics,' and increasing attempts to hyphenate New Delhi with Islamabad, signaling a potential shift in the bilateral relationship.
The solid-fuel, battlefield missile developed by Defence Research Development Organisation is based on Prithvi Defence Vehicle from the Indian ballistic missile programme.
Astronaut Shubhanshu Shukla returns to Earth after an 18-day mission aboard the International Space Station, marking a significant milestone for India's space program and carrying out crucial scientific experiments.
India on Friday called on the International Monetary Fund (IMF) to reconsider its $1 billion assistance to Pakistan, suggesting that Islamabad could use it for terror funding.
He said that as compared to global models costing 2.5 to 3 US dollars per hour usage, India's AI model will cost less than less than Rs 100 per hour (1.16 US dollars per hour) after 40 percent government subsidy.
The foremost lesson for India today is to beef up its air defence to cater for multiple drone attacks. As seen in Operation Sindoor, we have come a long way, but there's room for getting better. We must develop a robust and almost impregnable air cover over ourselves, asserts IAF veteran Air Commodore Nitin Sathe (retd).
'An important consideration was that we should always be at the top of the escalation ladder. When we reach a military objective, we should try and put a stop to it'
China's export curbs on critical minerals crucial for India's electronics sectors are no longer mere warnings but a wake-up call for New Delhi, underscoring the need for urgent measures like reverse-engineering of low- to mid-tech imports to cut overreliance on Beijing, think tank GTRI said on Thursday.
'A crucial role in bolstering the Indian Army's firepower by enabling precise and long-range strikes.'
The Enhanced Pinaka has demonstrated a range of 75 km and an ability to strike within 10 metres of where it is aimed. This allows a Pinaka battery to destroy a terrorist camp, or an enemy post, logistics dump or headquarters, without sending soldiers across the border.
After being launched, the glide bomb steer towards the target using a highly accurate hybrid navigation scheme, the ministry said.
China has expressed its support for Russia's initiative to revive the Russia-India-China (RIC) troika, emphasizing its importance for regional and global security and stability.
India has successfully test-fired a long range hypersonic missile from the APJ Abdul Kalam Island off the coast of Odisha, Defence Minister Rajnath Singh said on Sunday.
rediffGURU Rohit Gupta, co-founder and COO of College Vidya, provides a list of competitive exams that can help you land a job in the public sector.
Indian astronaut Shubhanshu Shukla stands on the cusp of history as he prepares to set off on a space odyssey, marking India's return to space flight 41 years after his idol Rakesh Sharma orbited the earth for eight days as part of Soviet Union's Interkosmos programme.
The Indian Navy, which was earlier looking towards the US for design expertise, technical know-how and operational practices, is now considering the advantages of working with the Royal Navy.
Movement in the equity market this week will be guided by a host of macroeconomic data announcements, global trends and trading activity of foreign investors, analysts said. Stocks markets concluded the last week on a subdued note, as investors grappled with global uncertainties.
India and the United States have signed an agreement for cooperation in the development of Air-Launched Unmanned Aerial Vehicle (ALUAV), in yet another step to further expand bilateral defence and military cooperation.
Chief of Defence Staff (CDS) General Anil Chauhan has highlighted the emergence of space as a new domain of warfare and emphasized the need for developing a "space culture" to prepare for future conflicts. He called for dedicated space warfare schools and research institutions to generate ideas, develop doctrines and strategies, and create new capabilities for space warfare. Chauhan believes that space will be crucial for future warfare, impacting all traditional domains of land, sea, and air. The CDS's remarks were made at the Indian DefSpace Symposium, where he also highlighted the importance of space research and its role in shaping the future of warfare.
'Rajagopala Chidambaram's smile, simplicity and ability to put younger colleagues at ease always encouraged me to approach him for advice or guidance.'
DRDO's failures over the decades have contributed significantly to India becoming the world's biggest weapons importer, points out Lieutenant General Prakash Katoch (retd).
Several multinational medical device makers are focusing on deepening their presence in India by expanding their local manufacturing footprint and research capabilities, a move that can catapult India into a strategic hub for the medical technology (medtech) industry. Among those increasing their reach in the country are Siemens Healthineers and Philips, signalling a broader shift from India being only a sales destination to becoming a global production and innovation base.
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.
A critical drug developed on a DRDO technology for radiological and nuclear emergencies has received approval from the Drugs Controller General of India (DCGI), the defence ministry said on Tuesday.
The missile showcased its precision and capability to neutralise targets, the statement said.
The drone christened 'Bharat' has been developed by DRDO's Terminal Ballistics Research Laboratory (TBRL), Chandigarh. It has been made to operate in high-altitude areas and can also adapt to extreme climates. It is also known to be agile.
'Today's situation is unacceptable. It has the potential to affect the IAF's operational capability.'
From the Sensex firms, Mahindra & Mahindra, HCL Tech, Tata Motors, Nestle, ITC, Hindustan Unilever, Larsen & Toubro, and Tech Mahindra were the biggest gainers. In contrast, Eternal, UltraTech Cement, Power Grid, Tata Steel and Kotak Mahindra Bank were among the laggards. Eternal dropped 4.51 per cent.
Sri Lanka has decided to impose a one-year moratorium in allowing foreign vessels to conduct research in the island nation's territorial waters, Foreign Minister Ali Sabry has said, amidst frequent docking requests from Chinese surveillance ships.
A series of deaths in a remote village in Rajouri district, Jammu and Kashmir, are not due to any disease, according to the Health Minister. Tests conducted by various institutions, including the ICMR, NCDC, and DRDE, have returned negative results. However, the minister has ordered an investigation into the deaths to determine the cause.
M R Srinivasan focused on the peaceful use of nuclear power at a time when the popular view among the 'hawks' was that India should build a nuclear arsenal as a deterrent.
The Chinese military on Monday denied reports that its largest military cargo plane has carried arms supplies to Pakistan and warned legal action against those spreading such rumours.
The Lucknow-born Shukla, former NASA astronaut Mission Commander Peggy Whitson, Slawosz Uznanski-Wisniewski of Poland, and Tibor Kapu of Hungary are part of the Axiom-4 mission that marks the return to space for the three nations.
India's rich cultural diversity, military prowess, economic progress and the strides it has taken in sectors, such as science and technology, were on full display at the 76th Republic-Day celebrations on Kartavya Path on Sunday, in the presence of Indonesian President Prabowo Subianto.
Nibe Space (NSPL), a subsidiary of Nibe, announced its vision to establish India's first multi-sensor, all-weather, high-revisit Earth observation satellite constellation. Aiming to strengthen India's self-reliance in the strategically crucial defence-space sector, NSPL signed memoranda of agreement with Indian and global partners, including Larsen & Toubro, Centum, AgniKul, Skyroot Aerospace, SpaceFields, SISIR Radar, CYRAN AI Solutions, and Thales Alenia Space as a technology partner.
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