News for 'Defence Accounts Department'

India's defence exports surge 63% to record Rs 38,424 cr in FY 2025-26

India's defence exports surge 63% to record Rs 38,424 cr in FY 2025-26

Rediff.com2 Apr 2026

India's defence exports reached a record high of Rs 38,424 crore in fiscal year 2025-26, marking a significant increase of over 62 per cent compared to the previous year, according to Defence Minister Rajnath Singh.

Chopper deal: IAF, defence accounts officers to help CBI

Chopper deal: IAF, defence accounts officers to help CBI

Rediff.com3 Mar 2013

Officials from Indian Air Force and Defence Accounts Department will join a special Central Bureau of Investigation team formed to probe the allegation of payment of kickbacks in the Rs 3,600 crore VVIP helicopter deal as the investigating agency prepares to examine suspects named in its Preliminary Enquiry.

Govt body plans legal framework for AI companies

Govt body plans legal framework for AI companies

Rediff.com29 Apr 2026

India's newly formed Artificial Intelligence Governance and Economic Group (AIGEG) is set to advocate for a unified legal framework for AI companies, including developers of large language models and chatbot systems, alongside broader operational rules.

India's FDI Inflows Set to Cross $90 Billion in FY26, Says DPIIT Secretary

India's FDI Inflows Set to Cross $90 Billion in FY26, Says DPIIT Secretary

Rediff.com3 May 2026

India's foreign direct investment (FDI) inflows are projected to surpass $90 billion in 2025-26 (FY26), driven by robust policy reforms, free trade agreements, and strong economic growth, according to DPIIT Secretary Amardeep Singh Bhatia.

Investment Disclosure Tightens Tax Scrutiny

Investment Disclosure Tightens Tax Scrutiny

Rediff.com7 May 2026

From the financial year 2025-2026, the government has introduced a new column in the tax return form for presumptive taxpayers, requiring them to disclose their year-end investments. This requirement was not present last year.

Delhi bank staff held over cyber fraud targeting retired doctor

Delhi bank staff held over cyber fraud targeting retired doctor

Rediff.com15 Apr 2026

A Delhi court has granted transit remand to Telangana Police for two Delhi-based bank employees arrested in connection with a cyber fraud targeting a retired doctor in Hyderabad.

What Made Colonel Sonam Wangchuk A Legend?

What Made Colonel Sonam Wangchuk A Legend?

Rediff.com13 Apr 2026

Colonel Sonam Wangchuk, a decorated Kargil War hero known as the 'Lion of Ladakh' and recipient of the Maha Vir Chakra, has passed away. He was celebrated for his gallantry and leadership in securing the Chorbat-La in the Batalik sub-sector during Operation Vijay in 1999.

'India's Mettle Will Be Tested In Gulf War'

'India's Mettle Will Be Tested In Gulf War'

Rediff.com30 Mar 2026

'India's ties with Israel have to do with defence and general technology.' 'The war changes nothing in what India and Israel hope to get from the relationship.' 'It's not as though India will get significantly more benefits from Iran if India abandons Israel at this time.'

Peace is an illusion, India must be prepared: Rajnath Singh

Peace is an illusion, India must be prepared: Rajnath Singh

Rediff.com7 Jul 2025

Defence Minister Rajnath Singh emphasizes the need for India to remain prepared for uncertainty, even during peacetime, and highlights the increasing importance of the defence sector as an economic driver.

The US Rescue That Raises More Questions Than It Answers

The US Rescue That Raises More Questions Than It Answers

Rediff.com6 Apr 2026

The 'rescue' operation occurred within kilometres of Iran's underground tunnel complex at Isfahan, assessed by the IAEA and US intelligence as holding a substantial portion of the country's 60 per cent enriched uranium stockpile. Retired senior US military officers have highlighted that the mission's footprint -- hundreds of special operators, multiple heavy-lift aircraft deep inside Iran -- appears outsized for recovering a single airman. Prem Panicker continues his must read blog on the Iran War.

Govt moves to shield trade as Iran war chokes sea routes

Govt moves to shield trade as Iran war chokes sea routes

Rediff.com5 Mar 2026

With the Iran war escalating sharply and crisis deepening in the global energy market, India on Monday unveiled a coordinated plan to support exporters and shippers caught in the fallout.

Iran Plays Hardball With India's Hormuz Requests

Iran Plays Hardball With India's Hormuz Requests

Rediff.com13 Mar 2026

'I suspect that Bangladesh being given permission stuck in India's official craw, and this story was an attempt to balance the scales by giving the impression that a similar waiver had been given to India as well.'

US Sinking IRIS Dena Doesn't Embarrass India

US Sinking IRIS Dena Doesn't Embarrass India

Rediff.com11 Mar 2026

The US torpedo attack on the Iranian warship IRIS Dena in international waters was a lawful act of war between belligerents, not a diplomatic or strategic embarrassment for India, asserts Vice Admiral Biswajit Dasgupta (retd).

Why India-US Trade Deal Is Key For Growth

Why India-US Trade Deal Is Key For Growth

Rediff.com23 Feb 2026

The deal shifts the US posture towards India from hostile to neutral, and that matters for growth, points out T T Ram Mohan.

Iran War Exposes Washington's Strategic Chaos

Iran War Exposes Washington's Strategic Chaos

Rediff.com12 Mar 2026

What we are watching is something different: A fog manufactured and maintained by the people who started the war, so that the question of why it was started never has to be answered, observes Prem Panicker in his must read blog on the war in the Middle East.

Kerala church, health body oppose bar hours extension

Kerala church, health body oppose bar hours extension

Rediff.com18 Feb 2026

The Malankara Orthodox Church opposes the Kerala government's decision to extend bar timings, fearing it will negatively impact the youth. The government defends the decision as a tourism-boosting measure already in place in tourist areas.

Gogoi underwent 'some kind of training in Pak': Sarma

Gogoi underwent 'some kind of training in Pak': Sarma

Rediff.com8 Feb 2026

Assam Chief Minister Himanta Biswa Sarma has accused Congress MP Gaurav Gogoi of having a 'deeper connection' with a Pakistani national and violating FCRA rules, prompting calls for a national probe.

'I Don't Want To Let Down The Economy...'

'I Don't Want To Let Down The Economy...'

Rediff.com9 Feb 2026

'This Budget has a one-year agenda, which you can call the sprint, and the marathon is towards Viksit Bharat.'

Xi Vs The Generals: Why It Matters To India

Xi Vs The Generals: Why It Matters To India

Rediff.com2 Feb 2026

If Xi Jinping can establish control over the PLA Ground Force, relations between India and China will settle down to an even keel. The next few weeks will show whether Xi has finally succeeded in gaining control over the PLA Ground Force. That could bring about the substantive shift in India-China relations that both our leaders have been working for, observes Ambassador Prabhat Shukla.

Road, rail, ministries cross halfway mark in capex spending till Sep

Road, rail, ministries cross halfway mark in capex spending till Sep

Rediff.com6 Nov 2025

The ministries of Road Transport & Highways and Railways have exceeded the national average capital expenditure (capex) by spending 63 per cent and 57 per cent of Budget estimates (BE), respectively, in the first half of 2025-26 (FY26). The total capital expenditure for April-September of FY26 stood at 52 per cent of the BE, according to the latest data by the Controller General of Accounts (CGA).

Two more sentenced in Pak-linked Visakhapatnam espionage case

Two more sentenced in Pak-linked Visakhapatnam espionage case

Rediff.com7 Nov 2025

With this, a total of six accused persons have been convicted and sentenced in the case so far, relating to spying at vital installations and Indian Navy establishments by foreign spies and agents with the intent to threaten its unity, integrity, security and sovereignty.

Ashes PIX: Five-star Stokes leaves Australia in a mess

Ashes PIX: Five-star Stokes leaves Australia in a mess

Rediff.com21 Nov 2025

IMAGES from Day 1 of the 1st Ashes Test played in Perth on Friday.

PKL: Bengaluru Bulls crush Gujarat Giants to seal Top-4 spot

PKL: Bengaluru Bulls crush Gujarat Giants to seal Top-4 spot

Rediff.com23 Oct 2025

Within the first three minutes, Bengaluru Bulls inflicted an ALL OUT, taking a massive nine-point lead -- the fastest ALL OUT of the season for the Bulls and second fastest of the season.

Govt scraps FCRA licence of Wangchuk's NGO amid Ladakh unrest

Govt scraps FCRA licence of Wangchuk's NGO amid Ladakh unrest

Rediff.com25 Sep 2025

The cancellation means the Leh-based institute will no longer be able to receive or utilise foreign funding.

'Wangchuk's right to dissent stifled': SC to hear wife's plea on Nov 24

'Wangchuk's right to dissent stifled': SC to hear wife's plea on Nov 24

Rediff.com29 Oct 2025

The Supreme Court has sought responses from the Centre and the Ladakh administration regarding the detention of climate activist Sonam Wangchuk under the National Security Act (NSA). Wangchuk's wife has filed a plea challenging the detention, claiming it violates his fundamental rights. The court has given the Centre and Ladakh administration 10 days to respond and has scheduled the next hearing for November 24.

Sergio Gor, Agrawal Talk Trade Deal

Sergio Gor, Agrawal Talk Trade Deal

Rediff.com13 Oct 2025

While both sides have announced the decision to restart talks for a trade deal, government officials said discussions are continuing virtually.

Will Trump Pull The Plug On Russian Oil Sanctions?

Will Trump Pull The Plug On Russian Oil Sanctions?

Rediff.com27 Oct 2025

Whether Trump will actually press ahead with the oil sanctions remains unclear, since keeping Russian oil out of the world market risks high oil prices which could boomerang on the US economy and be damaging politically for Trump, points out Ambassador M K Bhadrakumar.

India's Startup Dreams, Ready to Bloom

India's Startup Dreams, Ready to Bloom

Rediff.com17 Sep 2025

Let's work flat out and create a policy framework that fosters the growth of Indian non-family business VC and private equity firms. This will allow our Indian startups' dreams to flourish, explains Ajit Balakrishnan.

How To Save Money Under New Tax Regime

How To Save Money Under New Tax Regime

Rediff.com3 Oct 2025

Most think tax-saving deductions exist only in the old regime. But the New one quietly retains 40+ ways to ease your tax load

Hope Rises As China Processes Rare-Earths Requests

Hope Rises As China Processes Rare-Earths Requests

Rediff.com28 Jul 2025

China accounts for about 70 per cent of global rare earth mining and nearly 90 per cent of rare earth magnet production, making it a dominant player and giving it significant leverage in global supply chains.

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Rediff.com8 Oct 2025

Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.

Trump deploys more 2,000 National Guard troops in LA amid protests

Trump deploys more 2,000 National Guard troops in LA amid protests

Rediff.com10 Jun 2025

The latest deployment comes on the same day California filed a lawsuit against the Trump administration, asking a judge to declare the deployments unconstitutional.

Cash row: Judge Yashwant Varma denies role before SC panel

Cash row: Judge Yashwant Varma denies role before SC panel

Rediff.com20 Jun 2025

The three-judge panel headed by Chief Justice Sheel Nagu of the Punjab and Haryana High Court conducted the inquiry for 10 days, examined 55 witnesses and visited the scene of the accidental fire that started at around 11.35 pm on March 14 at the official residence Justice Varma, then a sitting judge of the Delhi High Court and now in the Allahabad High Court.

Professor Mahmudabad sent to judicial custody

Professor Mahmudabad sent to judicial custody

Rediff.com21 May 2025

A court in Sonipat on Tuesday remanded in judicial custody till May 27 Ali Khan Mahmudabad, the head of Ashoka University's political science department who was arrested for his social media posts related to Operation Sindoor, his lawyer said.

2 Indians killed, one abducted in terror attack in Niger

2 Indians killed, one abducted in terror attack in Niger

Rediff.com20 Jul 2025

In a heinous terror attack, two Indians were killed while one was abducted in the Dosso region of Niger, as noted by the Indian Embassy in Niger.

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.

US urges India, Pak to de-escalate; backs New Delhi

US urges India, Pak to de-escalate; backs New Delhi

Rediff.com1 May 2025

The United States on Thursday said it supports India's right to defend itself and its fight against terrorism as US Defence Secretary Pete Hegseth dialled Defence Minister Rajnath Singh amid rising tensions between India and Pakistan over the Pahalgam terror attack.

Oil tanks sealed, but full risk remains in MSC Elsa wreck: DGS

Oil tanks sealed, but full risk remains in MSC Elsa wreck: DGS

Rediff.com14 Jun 2025

According to a situation report issued by the DGS, the oil containment measures have temporarily stabilised the situation, but full risk mitigation will happen only on successful commencement of saturation diving to extract the remaining trapped fuel oil from the vessel, MSC Elsa 3.

A Nuclear Scientist Who Advocated Disarmament

A Nuclear Scientist Who Advocated Disarmament

Rediff.com4 Jun 2025

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.

US urges India, Pak to ease tensions; seeks Sharif's help in Pahalgam probe

US urges India, Pak to ease tensions; seeks Sharif's help in Pahalgam probe

Rediff.com1 May 2025

The phone conversation came amid escalating tensions between India and Pakistan over the April 22 terror attack that killed 26 civilians.