The money stashed away in tax havens is estimated at between $5.6 trillion and $32 trillion, numbers to make your eyes pop, asserts T N Ninan.
Thirty-two years after the project was sanctioned, the first indigenously-built Tejas Light Combat Aircraft was on Saturday handed over by Defence Minister Manohar Parrikar to the Indian Air Force, a red letter day for Indian defence and aerospace sector.
'In the Mahabharat, when faced by an enemy, Yudhishtir, the eldest Pandav, had quipped that 'When it comes to external enemies, we are 105, (100 Kauravs and 5 Pandavs)'.' 'It is time modern politicians heed this ancient wisdom,' says Colonel Anil A Athale (retd).
'My husband could have ejected early but that would have taken the lives of many other people'
The fresh negotiations with Israeli authorities concerned for procurement of the two Phalcon AWACS come in the midst of India's bitter border row with China in high-altitude eastern Ladakh.
'As I set course for the Helicopter Training School this morning,' notes IAF Helicopter Veteran Air Commodore Nitin Sathe, 'I bow my head in respect for the institution which made me the man I am.' 'I also salute the Chetak which taught me much more than flying.' 'Both these institutions, in their own right, justify the crest and motto of the School: Achievement through Knowledge.'
Defence Minister A K Antony is flying down to Bangalore to award the Tejas its initial operational certificate on Friday. The Sitara's success in intensive flight-testing this year means that he could soon be making another trip to award an identical certification to the Sitara.
The Congress has alleged that the Gujarat government was playing with the lives of coronavirus patients to promote 'Dhaman-1' ventilators made by a firm `owned by Chief Minister Vijay Rupani's friend'. The ruling Bharatiya Janata Party called the allegations levelled by the Congress on Thursday as baseless and said the opposition party was maligning the image of a local manufacturer.
Hindustan Aeronautics Ltd plans to invest more than Rs 25,000 crore (Rs 250 billion) in the next 10 years on the back of a strong order pipeline and big ticket projects on the horizon.
Russian Helicopters has scored another billion dollar home run by winning the Indian Navy's tender for 111 'naval utility helicopters'.
Here are glimpses of what to expect at this R-Day parade.
The government plans to spend about Rs 342 crore (Rs 3.42 billion) to bring back on track Indian Drugs and Pharmaceuticals Ltd and Hindustan Antibiotics Ltd.
Gandhi has been attacking the BJP government for allegedly inking the deal at a much higher price than the one the previous United Progressive Alliance regime had negotiated to benefit 'one businessman'.
The naval version of Tejas light combat aircraft is in development stage. Officials said the successful "arrested landing" of the prototype of the naval version of Tejas on the deck of INS Vikramaditya is expected to speed up development of the jet for the Indian Navy.
The integration of BrahMos with the Su-30MKI make the Indian Air Force the only air force in the world in procession of a supersonic cruise missile system.
It incorporates most avionic hardware components promised to the Indian Navy
Asking people to cooperate by wearing face masks and maintaining social distancing, he said officials have been instructed to take strict measures against those not wearing masks from Tuesday itself.
The political row over the Rafale deal intensified on Tuesday with the Congress and Bharatiya Janata Party trading barbs over it.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
On the 20th anniversary of the first flight of the Tejas, we must congratulate the entire team who made sure that the LCA flew and returned safely on January 4, 2001, sowing the seed for development of a state-of-the-art fighter airplane that our country so badly needed, says IAF veteran Air Commodore Nitin Sathe.
The DARIN-III navigation attack system allows a Jaguar pilot to feed in the coordinates of targets deep inside enemy territory.
Wales forward Gareth Bale got their Euro 2016 campaign off to a dream start with an early goal and substitute Hal Robson-Kanu struck a late winner as they beat Slovakia 2-1 in the Group B opener on Saturday.
Mumbai FC notched their third win on the trot after defeating HAL Bangalore by a solitary goal in a third round I-League match in Kolhapur on Monday.
Pointing out at the 'cooperation' and 'trust' shared between both India and France, Ambassador of France to India Alexandre Ziegler asked people to look at the facts.
A round-up of Wednesday's action in the UEFA Champions League.
Despite a huge fire in the parking lot of the Aero India show at the Yelahanka Air Force station, huge crowds gathered to see mean machines take to the skies. Here are the best moments from the day.
Ecuador had put the Indian choppers on "restricted" ops following a spate of accidents
Defence Minister Manohar Parrikar has voiced his concern at Dassault's reported reluctance to meet the terms of the IAF tender, which required the French company to guarantee the 108 fighters that HAL would build in India, after the first 18 were supplied fully-built in France.
The ministry's year-end review is silent on the continued occupation by Chinese troops of territory that India has always claimed and patrolled.
The Indian Air Force will induct the indigenous HTT 40 basic trainers in "large numbers", which will boost the domestic capability although it was earlier keen for a Swiss aircraft.
The Intermediate Jet Trainer is expected to replace the ageing Kiran aircraft.
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.
The aircraft to be operated would be an ATR-42 type capable of carrying around 40 passengers, Deshmukh said, adding he was holding talks with a senior Kingfisher official on Monday for following up the issue with DGCA in Delhi. The Ojhar airport is restricted for Indian Air Force activity and is occasionally used for VIP flights.
In a letter sent to the Surat-based couple -- Yuvraj Pokharna and bride-to-be Sakshi Agrawal -- Modi described the content of the card as "ingenious" and asserted that it had inspired him to work even harder for the country.
Ajit Mishra answers reader queries on the stock market.
Slots, parking bays unavailable at major airports
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Indian Air Force on Friday raised its first squadron of the home-grown Light Combat Aircraft Tejas with the induction of two aircraft into the force at the Aircraft System Testing Establishment in Bengaluru.
The two countries are interested in the current version of the Tejas and not the upgraded one which will be rolled out later.
The government currently holds 87.40 per cent stake in IRCTC. To meet Sebi's public holding norm, it has to lower its stake in the company to 75 per cent.
