To enable Indian banks and financial institutions to develop an aircraft-leasing ecosystem at GIFT City, the Ministry of Civil Aviation has sought support from the Ministry of Finance. It has also raised concern over slow progress in developing aircraft leasing in India.
India is expected to finalize the procurement of 26 naval variant Rafale jets and three Scorpene submarines from France in the coming weeks, further bolstering its naval capabilities. The deals, which are in the final stages of approval, could be announced during Prime Minister Narendra Modi's visit to Paris next month for an AI summit. The procurement of the Rafale (M) jets will be based on an inter-governmental agreement (IGA). The Indian Air Force is considering acquiring additional Rafale fighter aircraft squadrons. The deal for three Scorpene submarines follows the successful construction of six Scorpene submarines in India under Project 75. The defense and strategic partnerships between India and France have been strengthening in recent years, with both countries collaborating on joint development projects for jet and helicopter engines and advanced defense technologies.
'We are now in a situation where our country is not yet free.' 'China is still very strong and militarily powerful.' 'In such a situation, we need the Dalai Lama to bring about a resolution to the cause of Tibet.' 'That's one of the main reasons that at age 90, he has accepted that there should be a 15th Dalai Lama after him.'
'Every decision India makes along the LoC, it must also consider implications along the LAC.'
'It is typical of China's strategic deception of making virtue out of necessity,' observes Rup Narayan Das.
rediffGURU T S Khurana answers readers' personal income tax queries.
'At Aero India 2025, be prepared to be inspired, awed, and educated,' says Air Commodore Rohith Vijayadev, Air Officer Commanding Yelahanka. 'Aero India 2025 promises to be more than just an air show; it is a celebration of innovation, collaboration, and India's growing leadership in global defence and aviation,' notes Air Commodore Nitin Sathe (retd).
rediffGURU T S Khurana answers readers' personal income tax queries.
The surge in the market price is also attributed to demand by retail and high-networth individual investors ahead of the IPO.
Gensol Engineering, the beleaguered firm that came under market regulator Sebi's lens for fund diversions and governance lapses, said that its independent director Arun Menon has resigned with immediate effect.
Some of the suggested strategies include making thoughtful trade-offs between career choices and family responsibilities to avoid the guilt of not spending adequate time with elders and children at home; resisting the pressure to be a 'superwoman' by trying to manage everything alone; demanding, negotiating, and selecting jobs with flexible working hours; exploring work-from-home options; choosing an appropriate time for a career break; upskilling to re-enter the workforce after a break; and communicating openly with family members -- including spouse and in-laws -- about the support needed to grow professionally and the challenges faced at work, highlights N Ravichandran.
ONGC's overseas arm applied for a sanctions waiver to access $500 million dividend from two Venezuelan projects.
'The inauguration of the Ram temple was the pinnacle of the BJP's religious politics.' 'Politics is dynamic. What goes up has to come down.'
The mega procurement project has been approved by the Cabinet Committee on Security chaired by Prime Minister Narendra Modi, they said.
One can only sincerely wish the Dalai Lama a very long life at the service of world peace. His presence is much required today on the planet, notes Claude Arpi, who has known His Holiness for more than half a century.
New India Assurance and Niva Bupa have invested in the Bima Sugam India Federation.
Union Home Minister Amit Shah said on Sunday that indigenously developed BrahMos missiles destroyed Pakistani air bases while its air defence system, borrowed from China, remained unused, during Operation Sindoor, which exposed its lies on terrorism to the world.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
The Enforcement Directorate has sent a notice to Paytm-owner One97 Communications for alleged violation of certain FEMA rules by the company and its two subsidiaries- Little Internet and Nearbuy, with respect to certain investment transactions, according to an exchange filing. Paytm clarified that the alleged breach pertains to the period when the two companies were not its subsidiaries.
One Rajya Sabha seat is a small price to pay for all the skills that Kamal Haasan brings to the table, points out Aditi Phadnis.
'The lesson Beijing would have learned is that there is, cost-benefit wise, no better option than to keep the Pakistan military supplied with its most advanced armaments, certain that in hostilities with India these would be used for maximum effect.'
The performance of Hindustan Aeronautics Limited (HAL) for 2024-25 (FY25) was driven by improved margins and lower provisions. The order book as of March was of Rs 1.8 trillion, with inflows of Rs 1 trillion during FY25.
'Whatever we do, the purpose will be to re-establish deterrence.'
Shares of Zee Entertainment Enterprises Ltd (ZEEL) tumbled 12 per cent in the mid-session trade on Wednesday amid reports of capital market regulator Sebi has unearthed a financial discrepancy exceeding USD 241 million (nearly Rs 2,000 crore) in the accounts of the company. The stock of the company nosedived 11.58 per cent to Rs 170.65 apiece on the BSE. ZEEL shares plunged 11.39 per cent to Rs 170.70 per piece on the NSE.
'This helps the consumers secure more favourable terms from CIs.'
Listed paint majors posted another lacklustre showing in the January-March quarter (Q4) of 2024-25 (FY25), with average revenue growth under 3 per cent. Sales were weighed down by Asian Paints - the market leader and the only major to report a year-on-year (Y-o-Y) decline.
Starlink's application for offering satcom services in India had been held up for the company's inability to comply with mandatory ownership disclosure norms.
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 Pahalgam massacre highlights the evolution of terrorism into a multi-domain challenge. India's response must similarly evolve -- from tactical retaliation to comprehensive strategic deterrence. To establish a credible and sustained deterrent, India must also carry out continuous kinetic operations, both overt and covert, suggest Sakshit Raina and Rahul Mishra. To establish a credible and sustained deterrent, India must also carry out continuous kinetic operations, both overt and covert, suggest Sakshit Raina & Rahul Mishra.
The Enforcement Directorate said on Monday that it had conducted search operations at four locations in Mumbai and Delhi as part of its money laundering investigation into an alleged Rs 4,500 crore (Rs 45 billion) fraud by Pancard Clubs Limited and others, in which more than 5 million investors have been duped.
rediffGURU T S Khurana answers readers' personal income tax queries.
'Although we are facing constraints related to lending and resource mobilisation, the government is aware of these.'
Of the 156 LCH, 90 would be for the Indian Army while 66 would be for the Indian Air Force.
Market downturns or regulatory shifts can reduce liquidity, making it harder to buy or sell assets when needed.
The US has sanctioned an Indian national based in the United Arab Emirates and two India-based entities for operating as part of Iran's shadow fleet and involved in shipping Iranian oil. The US Department of the Treasury said Jugwinder Singh Brar, who owns multiple shipping companies, operates as part of Iran's shadow fleet, which the US said is used to evade sanctions and transport Iranian oil. Brar also owns or controls India-based shipping company Global Tankers Private Limited and petrochemical sales company B and P Solutions Private Limited. The sanctions come as part of a US campaign of maximum pressure on Iran and target the country's petroleum and petrochemical sectors.
This marks a 67% increase from the Rs 2,537 crore lost in scams in 2022-2023.
Observing an "unholy nexus" between the banks and developers to dupe homebuyers, the Supreme Court on Tuesday directed the CBI to register seven preliminary enquiries against builders in NCR, including Supertech Limited.
Electric cab-hailing platform BluSmart remained non-operational on Thursday across Delhi-NCR, Bengaluru, and Mumbai, as the market regulator cracked down on its co-founder over alleged misuse of funds at an affiliated company. BluSmart app, that offered more than 8,000 taxis in the three metros, stopped taking bookings on Wednesday evening and remained unoperational on Thursday as well.
India and Qatar on Tuesday agreed to elevate their relationship to a strategic partnership and double bilateral trade to USD 28 billion over the next five years. Prime Minister Narendra Modi and Qatari Amir Sheikh Tamim Bin Hamad Al-Thani signed agreements and MoUs to strengthen economic cooperation, including a revised double taxation avoidance agreement. The strategic partnership will cover the "entire spectrum" of the bilateral relationship, including trade, energy security, and regional and international cooperation. Both leaders also discussed ways to further strengthen and broaden the energy partnership, including "exploring mutual investments." The Amir's visit provided an "excellent opportunity" for the top leadership of the two countries to discuss and "cement a strategic partnership for enhanced future cooperation."
The exchanges have also revised the instances which will be considered a technical glitch excluding instances where the broker is not at fault.
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