News for 'Defence and Transport'

'If Modi comes back in 2024, India will be...'

'If Modi comes back in 2024, India will be...'

Rediff.com29 Sep 2023

'...a more capable State -- one that operates with greater capacity, greater efficiency, and greater clarity of purpose.' 'But I also see a more despotic State -- one that places more constraints on speech, assembly, dissent, and critique.' 'It may run 'better', but on the regime's rules.'

4 IAF flights bring back 798 Indians stranded in Ukraine

4 IAF flights bring back 798 Indians stranded in Ukraine

Rediff.com3 Mar 2022

The Indian Air Force's first flight carrying 200 people from Bucharest landed at 1.30 am and Union Minister of State for Defence Ajay Bhatt welcomed them at the airbase, they noted.

Govt to protect interest of all PSB staff, says Sitharaman

Govt to protect interest of all PSB staff, says Sitharaman

Rediff.com16 Mar 2021

Finance Minister Nirmala Sitharaman on Tuesday said the interest of all employees of state-owned banks which are likely to be privatised will be protected, even as bank unions observed a two-day strike against the government's privatisation decision. Replying to a query during a press conference, she clarified that public sector presence will continue in the banking space. "...we have announced public enterprise policy based on which we have identified those four areas in which we said government presence, public sector presence will be there, and bare minimum presence is what we have said, in that financial institutions are also there. "Meaning, even in financial sector we will still have the presence of public sector enterprise...not all of them are going to be privatised," she said.

IAF's 'Super Hercules' transporter lands at Jammu

IAF's 'Super Hercules' transporter lands at Jammu

Rediff.com30 Sep 2013

The newly-acquired C-130J aircraft of the Indian Air Force fleet, famously known as 'Super Hercules' made a maiden flight at the air force station at Jammu on September 27, a defence statement said.

HAL's made in India Udan plane clears major milestone

HAL's made in India Udan plane clears major milestone

Rediff.com16 Aug 2021

Hindustan Aeronautics Limited said on Monday it has successfully carried out the Ground Run and Low Speed Taxi Trials (LSTT) of the Hindustan-228 (VT-KNR) aircraft for DGCA (Directorate General of Civil Aviation) 'Type Certification'.

Tata companies band together for bigger piece of defence pie

Tata companies band together for bigger piece of defence pie

Rediff.com30 Sep 2014

The nomination of cluster heads for defence, infrastructure and finance business is awaited.

Three services face shortage of nearly 10K officers, LS told

Three services face shortage of nearly 10K officers, LS told

Rediff.com4 Feb 2022

In response to a question in Lok Sabha, Minister of State for Defence Ajay Bhatt said that the Army has the maximum shortage of 7,791 officers followed by 1,557 in the Indian Navy and 572 in the Indian Air Force.

Prices of essential items soar in Manipur as imports hit in violence

Prices of essential items soar in Manipur as imports hit in violence

Rediff.com24 May 2023

In most parts of the landlocked northeastern state, items such as rice, potato, onion and egg besides LPG cylinders and petrol are selling at rates much above the ones fixed by the government.

After 20 years, privatisation programme in India off to 'Maharaja' start

After 20 years, privatisation programme in India off to 'Maharaja' start

Rediff.com27 Jan 2022

After a hiatus of nearly two decades, the government's programme to privatise state-owned firms restarted with the handing over of debt-laden national carrier Air India to the Tata Group. With the new owner shelling out Rs 18,000 crore for the buyout of the 'Maharaja', this would be the highest-ever amount garnered through privatisation, and is even more than the cumulative sum mopped up through strategic sales from 1999-00 to 2003-04. The government had in October last year inked the share purchase agreement with the Tata Group for sale of national carrier Air India for Rs 18,000 crore. Tatas would pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt.

It's time to get real in US-India defence ties

It's time to get real in US-India defence ties

Rediff.com12 Apr 2016

New Delhi remains a priggish suitor to Washington's overtures, but it has begun appreciating potential tech benefits to ties with the US.

US voices concerns over India's participation in Russian military drills

US voices concerns over India's participation in Russian military drills

Rediff.com31 Aug 2022

Russia said on Monday that the Vostok 2022 military exercises will be held from September 1 to 7 in different locations in the Far East and the Sea of Japan and involve more than 50,000 troops from China, India and several other countries.

Eastern Ladakh gets bridge in DBO, 2 helipads among 75 border infra projects

Eastern Ladakh gets bridge in DBO, 2 helipads among 75 border infra projects

Rediff.com28 Oct 2022

Lack of infrastructure development in Jammu and Kashmir for decades post Independence was one of the reasons behind the rise of terrorism in the Union territory, Defence Minister Rajnath Singh said on Friday after unveiling 75 new projects including bridges, roads and helipads in border areas.

As shares plunge, Adani FPO subscribed only 1% on opening day

As shares plunge, Adani FPO subscribed only 1% on opening day

Rediff.com27 Jan 2023

Against an offer of 4.55 crore shares of Adani Enterprises Ltd, only 4.7 lakh were subscribed, according to information available from the BSE. Adani Enterprises fell almost 20 per cent to below the offer price of its secondary sale as all the seven listed companies of the conglomerate took a beating in the aftermath of Hindenberg Reserach alleged that the group was "engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades".

From defence to insurance, GE is banking on tech to boost growth

From defence to insurance, GE is banking on tech to boost growth

Rediff.com5 May 2018

Six months into his new role, Vishal Wanchoo, president and chief executive officer, GE, South Asia, speaks to Jyoti Mukul about how its horizontal business lines of additives and digital are playing across its verticals.

Delhi's air quality likely to remain 'poor' till Diwali

Delhi's air quality likely to remain 'poor' till Diwali

Rediff.com22 Oct 2022

The city's 24-hour average AQI was recorded in the 'poor' category at 265 on Saturday as residents flouted the ban on firecrackers in parts of the national capital ahead of Diwali, according to Central Pollution Control Board's (CPCB) data.

Modi Cabinet: Prabhu gets Railways, Parrikar gets Defence

Modi Cabinet: Prabhu gets Railways, Parrikar gets Defence

Rediff.com10 Nov 2014

Hours after 21 ministers took the oath of office and became a part of Prime Minister Narendra Modi's ministry, speculation began on which minister would be handed which portfolio. However, all speculation ended after the list was announced.

India to upgrade airfield near China border for fighter jets

India to upgrade airfield near China border for fighter jets

Rediff.com27 Oct 2022

The capability of operating fighter aircraft from this area would strengthen the air force's ability to tackle any misadventures by the adversary in a faster way.

India's GDP estimated to grow at 7% in 2022-23

India's GDP estimated to grow at 7% in 2022-23

Rediff.com6 Jan 2023

The Indian economy is estimated to grow at 7 per cent in the 2022-23 fiscal, down from 8.7 per cent a year ago, mainly due poor performance of mining and manufacturing sectors. As per the first advance estimates of national income released by the National Statistical Office (NSO) on Friday, the manufacturing sector output is estimated to decelerate to 1.6 per cent in the current fiscal from 9.9 per cent in 2021-22. Similarly, mining sector growth is estimated at 2.4 per cent in the current fiscal as against 11.5 per cent in 2021-22.

Indian students held hostage in Kharkiv, says Russia; Ukraine denies

Indian students held hostage in Kharkiv, says Russia; Ukraine denies

Rediff.com3 Mar 2022

The Russian defence ministry on Wednesday said its armed forces are ready to take all necessary measures for the safe evacuation of Indian citizens from the eastern Ukrainian city of Kharkiv.

Union Cabinet approves export of Akash missile system

Union Cabinet approves export of Akash missile system

Rediff.com30 Dec 2020

The Akash missile systems have over 96 percent indigenous components and the weapon can hit targets at a range of 25 km.

16 soldiers dead as their truck falls into gorge in Sikkim

16 soldiers dead as their truck falls into gorge in Sikkim

Rediff.com24 Dec 2022

'In a tragic road accident, involving an Army truck on December 23 at Zema in North Sikkim, 16 bravehearts of the Indian Army have lost their lives,' the Army said in the statement.

Highways within 100 km of borders won't need green nod: Govt

Highways within 100 km of borders won't need green nod: Govt

Rediff.com19 Jul 2022

The notification issued by the Union Environment Ministry also exempts projects pertaining to the expansion of terminal buildings at airports (without an increase in the existing area of the airport) from seeking green nod.

Ukraine: Russia sends some of the troops back to bases

Ukraine: Russia sends some of the troops back to bases

Rediff.com15 Feb 2022

'Units of the southern and western military districts, having completed their tasks, have already begun loading onto rail and road transport and will begin moving to their military garrisons today,' Russian Defence Ministry spokesman Igor Konashenkov said in his statement, reported The New York Times.

Adani files for Rs 20,000 cr FPO

Adani files for Rs 20,000 cr FPO

Rediff.com18 Jan 2023

Richest Indian Gautam Adani-led group's flagship firm on Wednesday filed an offer letter with stock exchanges for a proposed Rs 20,000 crore follow-on public offer (FPO). The FPO of Adani Enterprises Ltd (AEL) is planned to open on January 27 and close on January 31, according to the offer letter. Of the Rs 20,000 crore proceeds of the FPO, Rs 10,869 crore will be used for green hydrogen projects, work at the existing airports and construction of a greenfield expressway.

'Israelis are committing genocide'

'Israelis are committing genocide'

Rediff.com30 Nov 2023

'What's happening in Gaza is another ethnic cleansing, a repeat of what happened in 1948.' 'That is why people do not want to evacuate. Either you evacuate or you die.'

Infrastructure Funds: What You Must Know

Infrastructure Funds: What You Must Know

Rediff.com21 Nov 2022

Since infrastructure projects have long gestation periods, investors need to enter them with a long horizon of at least 10 years.

Defence cooperation tops PM Modi's agenda in Tajikistan

Defence cooperation tops PM Modi's agenda in Tajikistan

Rediff.com13 Jul 2015

India and Tajikistan on Monday pledged to further deepen their cooperation to fight terror and agreed to step up defence ties besides boosting trade and investment.

Govt signs megadeal with Airbus, Tatas to make C-295 aircraft for IAF

Govt signs megadeal with Airbus, Tatas to make C-295 aircraft for IAF

Rediff.com24 Sep 2021

The Defence Ministry on Friday inked a nearly Rs 20,000 crore contract with Airbus Defence and Space of Spain to procure 56 C-295 medium transport aircraft which will replace Avro-748 planes of the Indian Air Force.

Aatmanirbharta, Nari Shakti dominate 74th Republic Day parade

Aatmanirbharta, Nari Shakti dominate 74th Republic Day parade

Rediff.com26 Jan 2023

All equipment from the Army which were part of the Republic Day celebrations are made-in-India, Chief of Staff Delhi Area Maj Gen Bhavnish Kumar had earlier said.

Nepal Army chief conferred honorary rank of 'General of Indian Army'

Nepal Army chief conferred honorary rank of 'General of Indian Army'

Rediff.com10 Nov 2021

In continuation of a tradition that started in 1950, Nepal Army chief Gen Prabhu Ram Sharma was conferred with the honorary rank of 'General of the Indian Army' by President Ram Nath Kovind on Wednesday.

What Will The Black Box Reveal About The Crash?

What Will The Black Box Reveal About The Crash?

Rediff.com10 Dec 2021

Every part of the equipment salvaged from the remanants of the Mi-17V5 helicopter will be carefully examined to find out what went wrong in the final moments of the flight from the Sulur air base in Coimbatore to the Defence Services Staff College in Wellington near Coonoor where General Rawat was headed.

Big blow to Russia in Ukraine, strategic city lost

Big blow to Russia in Ukraine, strategic city lost

Rediff.com11 Sep 2022

The war between Russia and Ukraine appears to be entering a new phase after Kyiv dealt a big blow to Moscow's grip on parts of the east with a fast-moving offensive that saw Ukrainian troops enter the strategic city of Izium after six months of occupation.

Divestment of BPCL, Air India to be completed in FY22: FM

Divestment of BPCL, Air India to be completed in FY22: FM

Rediff.com1 Feb 2021

The government on Monday budgeted Rs 1.75 lakh crore from stake sale in public sector companies and financial institutions, including 2 PSU banks and one general insurance company, in the next fiscal year beginning April 1. The amount is lower than the record Rs 2.10 lakh crore which was budgeted to be raised from CPSE disinvestment in the current fiscal year. However, the COVID-19 pandemic impacted the government's CPSE stake sale programme, and the target has been lowered to Rs 32,000 crore in the Revised Estimates.

Check out what India is buying for its defence services!

Check out what India is buying for its defence services!

Rediff.com9 Feb 2016

'The range of purchases throw a light on India's threat perception as also its perceived role of being a stabilising influence in the region,' says Brigadier S K Chatterji (retd).

With 7.2% GDP growth in FY23, India's economy now stands at $3.3 trillion

With 7.2% GDP growth in FY23, India's economy now stands at $3.3 trillion

Rediff.com31 May 2023

India's economy grew 6.1 per cent in the fourth quarter of 2022-23, pushing up the annual growth rate to 7.2 per cent, official data showed on Wednesday.

SC allows double lane for Chardham over security concerns

SC allows double lane for Chardham over security concerns

Rediff.com14 Dec 2021

The strategic 900-km-long Chardham project worth Rs 12,000 crore aims to provide all-weather connectivity to four holy towns -- Yamunotri, Gangotri, Kedarnath, and Badrinath -- in Uttarakhand.

US Sanctions Unlikely For India Buying Russian S-400 Missiles

US Sanctions Unlikely For India Buying Russian S-400 Missiles

Rediff.com24 Mar 2022

Russia has already begun delivery of the first S-400 systems, and the question of sanctions, or of a waiver to sanctions, preoccupies New Delhi.

Boeing sees jump in US investment if FDI in defence is hiked

Boeing sees jump in US investment if FDI in defence is hiked

Rediff.com14 Feb 2014

Kohler made the comments on aviation industry-wide speculation about New Delhi increasing FDI in defence sector to 49 per cent from the current 26 per cent, with some expecting an announcement in the near future.

IAF to hold mega exercise near LAC; Army chief reviews situation

IAF to hold mega exercise near LAC; Army chief reviews situation

Rediff.com21 Jan 2023

The Indian Air Force will carry out a mega exercise covering the Northeastern region early next month to check its combat readiness, amid a fresh spike in tension with China along the Line of Actual Control in Arunachal Pradesh.

Over 18,000 cops to be deployed for safe New Year celebrations in Delhi

Over 18,000 cops to be deployed for safe New Year celebrations in Delhi

Rediff.com29 Dec 2022

The traffic will be restricted at Connaught Place from 8 pm on Saturday and alcometer will be used for the drunk driving challans.