The last rites of veteran Congress leader and former Union minister Shivraj Patil were performed with full state honours in his home district, Latur, in Maharashtra on Saturday, with many top leaders in attendance.
Goldman Sachs is bullish about Indian aerospace and defence, preferring private companies over public sector units (PSUs) as the country ramps up its export target for the sector to Rs 50,000 crore by FY29 from Rs 23,600 crore last year. The American investment bank's top 'buy' recommendations include Solar Industries, Bharat Electronics, Data Patterns and PTC Industries, while Bharat Dynamics is rated 'sell'.
Defence stocks have been on a tear, with the Nifty India Defence index hitting all-time highs. Over the past week, the index jumped around 7 per cent, far outpacing the flat performance of the Nifty 50. Over the past month, its 12 per cent gain has trebled the benchmark's return.
'The heat shield technology for re-entry vehicles was first mastered in DRDO for the Agni missile.' 'This is why the Americans were so opposed to Agni in the 1980s, unlike other missiles -- it was a re-entry vehicle.'
If they act now, they can reshape the strategic map of Asia without firing a shot. If they wait, the next opportunity will come only after a serious Taiwan Strait incident -- by which time the price will be far higher, and the room for boldness far smaller -- the opportunity may well be lost by then. The question is no longer whether this can or should be done, points out Varun Arya.
India and the United States have announced a groundbreaking 10-year defence partnership, paving the way for increased military cooperation and potential sales of F-35 stealth fighter jets. The agreement aims to bolster both countries' defence capabilities in the Indo-Pacific region, with plans for joint production of weapons and platforms. The move comes amid China's growing military presence in the region.
The European Union has sanctioned three India-based companies for their alleged links with the Russian military as part of its efforts to put economic pressure on Russia for its invasion of Ukraine.
'10 million Indians are currently living with dementia, and the number is expected to double by 2036.'
Prime Minister Narendra Modi visited Ethiopia on a bilateral visit, engaging with Ethiopian leadership to strengthen partnerships in various sectors. He was warmly welcomed by Prime Minister Abiy Ahmed Ali and participated in cultural events, highlighting the strong ties between the two nations.
'The defence forces have come up with certain problems they face in the drone space.' 'Recently we had a meeting at which they presented the problems to many of our start-ups and faculty.' 'Some of the start-ups have started working on the problems.'
A Russian defence expert says the reported sale of RD-93 engines to Pakistan for integration into the JF-17 will actually benefit India, dismissing criticism of the Indian government by the opposition.
Defence Minister Rajnath Singh stated that Pakistan's entire territory is within the range of the BrahMos missile. He highlighted the missile's importance to India's armed forces during a flag-off ceremony in Lucknow.
The era where nations thrived through rigid alignments is giving way to an age where the connective State defines power. For India, that era has arrived, points out Dr Nishakant Ojha.
India has rejected White House Trade advisor Peter Navarro's comments on New Delhi for its procurement of Russian crude oil, calling them 'inaccurate and misleading'. The relations between New Delhi and Washington are on a downturn after President Donald Trump doubled tariffs on Indian goods.
Under capital expenditure, Rs 48,614 crore has been set aside for aircraft and aero engines while Rs 24,390 crore has been allocated for the naval fleet.
Showcasing India as an attractive investment destination, Modi said the country has political and economic stability as well as transparency and predictability in policy decisions.
The Indian Navy commissioned its second squadron of MH-60R (Romeo) anti-submarine helicopters, INAS 335 'Ospreys', at INS Hansa naval base. The commissioning ceremony was attended by Chief of Naval Staff Admiral Dinesh Tripathi, who emphasized the importance of strengthening maritime security.
Chief of Defence Staff Gen Anil Chauhan asserted that the armed forces are free of nepotism and urged children to join to serve the nation. He also spoke about Operation Sindoor and the use of technology in warfare.
The $1.2 billion in-space manufacturing market is expected to grow and be worth more than $20 billion by 2033.
Israeli Prime Minister Benjamin Netanyahu says the foundation of India-US relationship is "very solid" and both sides should find common ground to resolve the tariff issue. He also highlighted the strong defense cooperation between India and Israel.
India and the United States have agreed to deepen their strategic partnership in several key areas, with President Donald Trump announcing plans to provide India with F-35 fighter jets and billions of dollars in military supplies. The two leaders also discussed energy cooperation, critical technologies, connectivity, and countering terrorism. They agreed to work together on the India-Middle East-Europe Economic Corridor, and Trump noted India's reforms to welcome US nuclear technologies. Prime Minister Modi said the two countries can shape a better world through their cooperation. Both leaders also addressed the Russia-Ukraine conflict, with Modi stressing India's commitment to peace.
China has made serious inroads into Latin America, which the US may now be hinting is simply not ok: Stay in your lane, Xi! In simple terms, China will no longer have access to Venezuelan oil, points out Rajeev Srinivasan.
'It can be two months, a year, or even five years. We need to be prepared.'
The government plans to establish a fully indigenous manufacturing ecosystem with an annual production capacity of up to 6,000 tonnes. The scheme is expected to run for seven years, according to official documents.
An Indian defence firm has refuted a report in The New York Times that linked the company to a Russian arms agency, calling it "factually incorrect" and "misleading". The report suggested that military hardware supplied by a British firm to the Indian company may have found its way to Rosoboronexport, the Russian state arms agency. The Indian firm said it has scrupulously followed all its international obligations and that India's legal framework on strategic trade guides its companies' overseas ventures. The New York Times report cited documents claiming that a British aerospace manufacturer, H.R. Smith Group, sold sensitive technology to the Indian firm, which is a major trading partner of Rosoboronexport. The company, however, denied the allegations, stating that the equipment was destined for an Indian search-and-rescue network and is not designed for military use.
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.
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.
Deep-tech now forms over half of VC portfolios in India as firms like Cornerstone, Unicorn India Ventures and All in Capital back startups combining research with scalable models
Modi and Biden will have a one-on-one meeting in the Oval Office of the White House on Thursday before holding high-level talks.
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.
The mega procurement project has been approved by the Cabinet Committee on Security chaired by Prime Minister Narendra Modi, they said.
India has approved proposals to procure weapons and military hardware worth Rs 79,000 crore, including Nag missiles, amphibious warfare ships, and electronic intelligence systems, to enhance the military's combat capabilities.
'The background for the Saudi-Pakistan agreement is the fact that the regional security order has collapsed due to the Israeli attack on Doha.' 'The Americans have largely abandoned their security guarantee for West Asia and the region has no choice but to look at alternatives.'
'Our vision is to innovate as many products as we can and solve as many problems as possible.'
Calling the community note on X "crap", Navarro alleged that Elon Musk is allowing "propaganda" and reiterated his accusations of India purchasing Russian oil only to make profits.
Congress leader Sonia Gandhi accuses the ruling party of attempting to vilify Jawaharlal Nehru and erase his legacy, speaking at the launch of the Nehru Centre India.
US Ambassador-designate Sergio Gor emphasizes the importance of the India-US relationship after meeting with Prime Minister Narendra Modi, focusing on cooperation in defence, trade, and critical minerals.
Prime Minister Narendra Modi on Saturday met United States Ambassador-designate to India Sergio Gor and said he was confident that India-US ties will further strengthen during his tenure.
The Centre is regularly holding consultations with stakeholders to streamline foreign direct investments (FDIs) and foreign institutional investments (FIIs) related processes to enable faster and more efficient investment flows into the country, said Commerce and Industry Minister Piyush Goyal, adding one such meeting with stakeholders was held on Tuesday.
'Foreign capital will continue to come directly into India, but companies have realised that GIFT City is a more cost-efficient way of channelling funds.'
