Pharma stocks have performed well after Budget
The list of aircraft planned to be inducted by the Air Force include 36 Rafales, 114 Multirole Fighter Aircraft, 100 Advanced Medium Combat Aircraft (AMCA) and over 200 variants of the Light Combat Aircraft. "In the next 15 years, 83 LCAs are our primary focus, after that LCA Mark 2 will come in we are looking at close to 100 of those, that makes it near 200 of LCA class," Air Chief Marshal Bhadauria told ANI in an interview.
The NINL management can see this as their moment of giving back to the nation and humanity. Its plant has an oxygen unit that can produce 418 tonnes of oxygen every day. 418 tonnes is about 58% of Delhi's daily demand for oxygen, notes Sudhir Bisht.
'The range of purchases throw a light on India's threat perception as also its perceived role of being a stabilising influence in the region,' says Brigadier S K Chatterji (retd).
The government had committed to increasing spending in infrastructure
Changing tracks helps. But, not taking the beaten path isn't always helpful. This is the story of two of India's biggest privatisations - Air India and Bharat Petroleum (BPCL). Nearly two decades after the last privatisation, a landmark divestment concluded this year when the loss-making national carrier Air India was sold to the Tatas.
With both aircraft likely to meet the IAF's performance requirements, the winning bid could be the one that offers the lowest cost and the best industrial proposal.
Why did ISRO's workhorse Polar Satellite Launch Vehicle rocket fail during its 41st flight?
Coming Wednesday, Finance Minister (FM) Nirmala Sitharaman will present the 2023 Union Budget - the last full Budget ahead of the 2024 Lok Sabha elections. While India exited 2022 as a relatively bright spot in the global economy, the FM will endeavour to present a Budget that insulates India's economy against global headwinds and recession in advanced economies, while sticking to the path of fiscal consolidation. In this, she is being helped by her core team of trusted advisors.
'... the government provides adequate cash and kind support for the poorest of the poor for survival... ...conditional cash and skilling support for the economically poor to raise their incomes to adequate levels... ...and make functional arrangements for providing unemployment allowance to the vulnerable poor during disasters like the present one.'
In the months to come, the skies above promise to be a captivating theatre of action, where helicopters play starring roles, ferrying leaders, and echoing the pulse of democracy.
Prime Minister Narendra Modi promised a conducive environment for manufacturers, including a discrimination-free tax system
The farm bills passed by Parliament mark the watershed in the liberation of India's farming community from the shackles of exploitative practices that slow-pedaled their progress, the former civil servants said.
The Modi government has not lived up to the muscularity the prime minister promised while campaigning, says Ajai Shukla
At least 40% of a product must be manufactured in India for it to qualify for the Indian Designed, Developed and Manufactured category.
India is also likely to push for a Free Trade Agreement with the Eurasian Economic Zone and is sharing details of the study it conducted in this regard.
The third-quarter financials didn't excite market watchers. But equity investors can still make money if they invest in the right stocks.
India and the US on Friday said they have started talks to put in place a strategic framework for human space flight by year-end as they plan to send an Indian astronaut to the International Space Station in 2024.
AK-203 assault rifles, with an effective range of 300 meters, are lightweight, robust and easy to use modern assault rifles with proven technology.
The PM's vision of a lean, agile, mobile and technology driven force requires more than 1.7 percent of GDP that it now gets.
Decisions taken during the meeting of Prime Minister Narendra Modi and US President Barack Obama will take the bilateral strategic ties to an "altogether new high", India Inc said.
Action has been taken according to a memorandum that requires 'periodic review of performance of government servants'.
Jairam Ramesh, architect of the UPA's 2011 land acquisition bill, reacts to Amit Shah's interview to Rediff.com in which he defended the NDA government's land bill ordinance.
The government on Monday announced a one-time Rs 10,000 interest-free festival advance to all its officers and employees as part of plans to increase consumer spending to spur demand in the economy.
The missile system can target aircraft up to 30 km away, at altitudes up to 18,000 metres. It has the capability to neutralise aerial targets like fighter jets, cruise missiles and air-to-surface missiles.
"I have actually undertaken the maximum reforms but I have an enormous task ahead for myself."
The approval to the proposals come amid increasing hostilities by Pakistan along the Line of Control in Jammu and Kashmir as well as China's aggressive posturing in several sectors along the nearly 4,000-km-long Sino-India border.
The long-pending proposals were cleared at a meeting of the Defence Acquisition Council (DAC), the defence ministry's highest decision making body on procurement.
Govt wants domestic production so as to save foreign currency.
The government on Thursday tweaked curbs on imports of laptops and computers as it allowed importers to bring in shipments of IT hardware from overseas on a mere 'authorisation' upon detailing quantity and value. The new 'import management system' is aimed at monitoring shipments of laptops, tablets and computers into the country without hurting market supply or creating a cumbersome licensing regime. The announcement is likely to provide relief to companies in the IT hardware segment in India as they had flagged concerns over the imposition of a strict licensing regime for importers.
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 biggest procurement green-lighted was the Rs 217 billion purchase of 111 naval utility helicopters.
Both the Apache and Chinook helicopters have been pressed into service as part of the IAF's deployment along the LAC in view of the bitter standoff with China in eastern Ladakh, officials said.
On the final day of Prime Minister Narendra Modi's visit to the US, that country on Tuesday extended its Defence Cooperation Agreement with India by another 10 years. The pact, which was to expire in June next year, will now be in force till 2025.
Lavasa would soon be joining the Asian Development Bank as vice president
Sebi to fix promoters' side deals with PE investors
'Government shouldn't be in the business of running airlines, instead it should develop the ecosystem of civil aviation.'
