'Assuming the official defence allocations represent the true picture, the $142 billion figure still represents a phenomenal increase and surpasses that of Japan ($42 billion), India ($40 billion), South Korea ($33 billion) and several other Asian countries put together and shows that China is flexing its military muscle.'
'It is advisable to stay away from the markets for now and buy only on a dip.'
No one really knows what proportion of the nation's wealth and income are available for defence
New Delhi's growing defence partnership with Tokyo could take wing with the US-2 (Utility Seaplane Mark 2), a one-of-a-kind amphibious aircraft that has Indian naval planners goggle-eyed.
At least 40% of a product must be manufactured in India for it to qualify for the Indian Designed, Developed and Manufactured category.
14 bills were passed by the Lower House while 15 bills were passed by Rajya Sabha.
India and the US on Thursday said they are looking forward to the reconvening of the India-US Trade Policy Forum later this year to further enhance trade relationship and identify new areas for engagement.
'A large portion of youngsters who aspire to join the civil services are not motivated by the spirit of public service and idealism of which the civil services offer in abundance.' 'When they join the mandarin club they look for the loaves and fishes of office, rather than make a difference and wipe what Mahatma Gandhi called 'every tear from every Indian',' points out Rup Narayan Das.
Gen Dwivedi, who has vast operational experience along the frontiers with China and Pakistan, was serving as the Vice Chief of the Army.
Defence Minister Rajnath Singh on Thursday released the third list of over 101 military systems and weapons that will come under an import ban over the next five years and be developed indigenously, in a fresh impetus to the Indian armament industry.
Even though Bharat Forge's performance in the July-September quarter broadly met Street estimates and defence orders are on the rise, the subdued outlook for its global business has prompted some brokerages to adopt a cautious stance on the company. Analysts have reduced the company's earnings per share (EPS) estimates to account for the slow recovery of its overseas subsidiaries. Valuations are also trading at long-term averages, which could limit potential upsides.
'I couldn't think of a more visible strategic form of cooperation than both of our armed serves using a similar weaponry jointly developed together.' Aziz Haniffa/Rediff.com reports from Washington, DC on what is expected in the India-US defence relationship during Prime Minister Modi's visit.
The report also referred to Prime Minister Narendra Modi's visit to Israel in July 2017.
'In light of the events in Israel, Foreign Minister Cohen decided to cut short his diplomatic visit to India and return to Israel after the meeting with Indian Prime Minister Narendra Modi that will take place today'
'If you see another 1000-point correction, people may start panicking.'
'India should take up defence manufacturing in a more serious manner and encourage greater private participation.'
Jamshyd Naoroji Godrej and his sister Smita Crishna Godrej-controlled Godrej & Boyce will hold the exclusive construction rights over a vast land bank, including a prime 3,000 acre-property in Mumbai, they got as part of the family agreement that split the Godrej empire, as per sources and regulatory filing. According to the agreement reached late Tuesday, the 127-year-oldgets to keep what group will be split into two entities - one led by Adi Godrej and his brother Nadir and the other by their cousins Jamshyd and Smita.
His absence will be felt because of his decision taking ability and rapport with armed forces.
Indian troops are defending every inch of the border with China and not even a single inch of land has been taken over by the neighbouring country in recent years, Ladakh Lt Governor Brig (retd) B D Mishra said on Thursday.
Shares of public sector enterprises have corrected by up to 22 per cent month-to-date until March 19, 2024. Analysts attribute this steep fall to the valuation exuberance seen after a sharp run in these counters last year and suggest investors remain selective regarding the stocks in this space. "The rally in public sector undertaking (PSU) stocks has been stretched and sharp, although it is somewhat justified by improvements seen in earnings, operations, balance sheets, and overall profitability.
India and Russia have been in talks for over a year for the purchase of at least five systems of S-400 that will be a game changer in the region.
The Centre for Strategic and International Studies recommended the United States to undertake a comprehensive policy review to determine how to assist India with developing its defense industrial base through co-production and co-development projects.
The defence ministry needs to focus keenly on "Made in India" projects without being distracted by "Make in India" slogans, says Ajai Shukla
The hope that the ongoing 13th round of negotiations towards an India-UK free trade agreement (FTA) could conclude with a deal for British Prime Minister Rishi Sunak to sign off in time for the India versus England World Cup cricket clash in Lucknow on October 29 seem to be fading, according to a UK media report on Wednesday. The Financial Times quoted officials briefed on the negotiations to say that a lack of movement towards opening up of the Indian market to British professional services in the field of law and accountancy is among the factors for the slowdown. So much so that cricket fan Sunak's proposed return visit to India after an inaugural visit as UK Prime Minister to New Delhi for the G20 Summit last month is looking "very, very unlikely to happen".
Singh, accompanied by Army Chief Gen Manoj Pande, also carried out a comprehensive review of India's military preparedness along the Line of Actual Control (LAC) in Arunachal Pradesh and lauded the troops for guarding the border with "unwavering commitment and unparalleled courage."
'When democracy first came to Bhutan people had no idea and they were like 'What is that?' Oh it's that thing they have in India where the leaders are always fighting and arguing.' When I screened the film to Bhutan's film committee, they thought my film was good but they were concerned about that line. They wanted me to change that line. They said, 'We don't want to offend India.' I tried to tell them that Indians have a great ability to laugh at themselves but they insisted I change it.'
The PM said, 'Regrettably, one of the countries of its origin and spread is in India's neighbourhood.'
Describing the state visit of Prime Minister Narendra Modi to America as a "watershed moment" in bilateral ties, US Ambassador to India Eric Garcetti has said that this week will be one of those moments that can change the course of history as the two democracies get together for peace and prosperity.
That would result in the military under-spending about Rs 80,000 crore over the financial year.
India on Saturday extended $500 million (Rs 3,328 crore) Line of Credit to Vietnam for facilitating deeper defence cooperation with the south east Asian nation, as the two countries elevated their ties to a Comprehensive Strategic Partnership to respond to emerging regional challenges.
India does not have the facilities needed for developing advanced aerospace products. There is only one wind tunnel in the country, the almost six decade old one in the National Aeronautics Laboratory.
India has become the 37th country to join the list of Strategic Trade Authorization-1 category, the only South Asian nation.
Modi held a "productive meeting" with his Ethiopian counterpart Abiy Ahmed Ali on a day when BRICS (Brazil, Russia, India, China and South Africa) leaders officially endorsed Ethiopia's entry into the bloc.
'Rhetoric and chest-thumping are running high on India's recent growth record.'
'But will the giant waves developing elsewhere allow us to sail smoothly into fair winds?' asks Debashis Basu.
Before Data Patterns developed an indigenous check-out equipment, Brahmos Aerospace was paying a Russian supplier three times what it will now pay the Indian company.
The defence sector is seeing renewed interest by Indian corporates, says Jyoti Mukul
India had invited United States President Joe Biden to grace the occasion but he expressed inability to travel to New Delhi in January.
From the seas to the stars, this partnership will now be deepened by the defining role of technology, the statement said.
An increase in the farmer income support scheme PM Kisan Nidhi, the introduction of a 'robot tax' to fund reskilling of people who lose their jobs to artificial intelligence (AI), and a reduced income-tax (I-T) to bring relief to the middle classes - these are some of the items in the Budget wish list submitted by Sangh Parivar affiliates to Finance Minister (FM) Nirmala Sitharaman. Representatives of the affiliates of the Rashtriya Swayamsevak Sangh (RSS), such as the farmer organisation Bharatiya Kisan Sangh (BKS); trade union Bharatiya Mazdoor Sangh (BMS); Laghu Udyog Bharati, which works for micro and small industries; and Swadeshi Jagran Manch (SJM), which works on economic and policy issues, met the FM and other officials over the last couple of weeks as part of the pre-Budget consultations.
It is time the political leaderships in this country arrived at a common ground over issues of foreign and security policy concerns. There has to be a greater communication between the government and the Opposition leaderships for the nation to present a unified face against the rest of the world, advises N Sathiya Moorthy.
