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.
The court of special judge (POCSO), west session division, Yupia also sentenced two others to 20 years of rigorous imprisonment each for their involvement in the case.
The significant changes include devolution of powers within the ministry and the service headquarters and concurrent running of the acquisition process.
The contracts for the procurement of the platforms and weapons systems were signed in the presence of Defence Minister Rajnath Singh and defence secretary Giridhar Aramane, under whose guidance these deals fructified, an official readout said.
A first information report (FIR) has been filed against four people in connection with the suicide of a 34-year-old deputy general manager of a private firm, Atul Subhash, who died by suicide, accusing his wife, her family members, and a judge of harassment, extortion, and corruption.
Kailash Gahlot, a key minister in the Aam Aadmi Party (AAP) government in Delhi, has resigned, potentially impacting the party's ambitious plan to roll out a Rs 1000 monthly honorarium scheme for women ahead of the Assembly polls in February. Gahlot, who represented the Jat-dominated Najafgarh constituency in West Delhi, cited several issues, including the "Sheeshmahal" controversy over his former official residence, the Delhi government's tussle with the Centre, and the failure to clean the Yamuna River, in his resignation letter. Delhi BJP leaders welcomed Gahlot's resignation, fueling speculation that he could join the party before the assembly polls. However, AAP leaders claimed Gahlot resigned due to pressure from central agencies, including the Enforcement Directorate, and that joining the BJP was his last option. Gahlot's resignation has sparked speculation about his future and the impact it will have on the AAP's electoral prospects.
The total allocation to the defence sector is 12.9 per cent of the total budget of the government of India for the financial year 2024-25.
The Cabinet on Thursday approved a bill that seeks to regulate government purchases of above Rs 50 lakh through a transparent bidding process.
As the DefenceExpo gets underway in Goa, Brigadier S K Chatterji (retd) says the proposed Defence Procurement Procedure 2016 should ensure that the Indian defence industry is on the path to design, develop and make in India.
The broad process to acquire around 7 lakh rifles, 44,000 LMGs and nearly 44,600 carbines has been finalised.
'Focus will be on smaller loan amounts to meet the needs of affordable homebuyers.'
Gland Pharma beat muted expectations for Q2FY25. There was increased Ebitda (Earnings before interest, taxes, depreciation and amortisation) loss at Cenexi, the CRAM subsidiary. However, overall Ebitda margin was better than expectations at 21.1 per cent. But given two years of earnings decline in FY23 and FY24, the business may have bottomed and upper-teens EPS (earnings per share) growth looks possible over next two financial years.
The chief minister said after consultation, the government will take its decision with respect to the Tirumala Tirupati Devasthanams, the official custodian of world-renowned Sri Venkateswara Swamy temple in Tirupati.
Air Marshal Amar Preet Singh has been appointed as the next Chief of the Air Staff.
In a significant move, the Cabinet Committee on Security (CCS) has accorded approval for the procurement of more than 200 BrahMos supersonic cruise missiles and associated equipment for the Indian Navy at a cost of around Rs 19,000 crore, people familiar with the matter said on Thursday.
A Mumbai court on Sunday remanded one of the two alleged shooters in the Baba Siddique murder case in police custody till October 21 and ordered a bone ossification test on the other after he claimed he was a minor.
The Union cabinet on Wednesday accepted the recommendations of the high-level committee headed by former President Ram Nath Kovind on simultaneous elections.
The controversy has sparked reactions across states. The famous Mankameshwar temple in Uttar Pradesh has now banned offerings of 'prasad' bought by devotees from outside and said they can offer homemade 'prasad' or fruits.
'In the case of a road accident, prevention is the only answer.' 'There's no cure to death or disability when the accident happens, and when it's due to reckless or negligent driving, it's worse because it's avoidable.'
The July-September quarter (Q2) results for 2024-25 (FY25) from the largest listed consumer electrical solutions companies, Havells India and Polycab India, followed similar trends, demonstrating robust revenue growth while falling short of profitability expectations. Both companies witnessed overall growth in the 16-30 per cent range, but margins declined by 130-290 basis points (bps) year-on-year (Y-o-Y). Although brokerages are bullish on long-term prospects and have raised revenue projections, earnings forecasts have been revised downward due to margin pressures.
The aircraft would be procured somewhere around the end of this decade and no specific deadline is set for it.
In a development that may encourage increased investment in commercial real estate, the Supreme Court on Thursday gave the industry relief by permitting input tax credit (ITC) on construction expenses for buildings meant to be leased. "If the construction of a building was essential for carrying out the activity of supplying services, such as renting or giving on lease or other transactions in respect of the building or a part thereof, which are covered by clauses (2) and (5) of Schedule II of the CGST (Central Goods and Services Tax) Act, the building could be held to be a plant," said Justice Abhay S Oka and Justice Sanjay Karol.
After a slow start, the Central government's wheat procurement scheme picked up momentum in June with the agencies collecting 10.80 million tonne wheat from farmers during the season.
Players who were bought at unexpected price tags...
The ministry of defence in September 2021 signed a Rs 21,935-crore contract with Airbus Defense and Space SA, Spain for supply of 56 aircraft.
'With the new DPP, there will be greater transparency and faster clearances.'
The Enforcement Directorate on Tuesday questioned former Indian cricket team captain and Congress leader Mohammed Azharuddin for over nine hours in a money laundering case linked to alleged financial irregularities in the Hyderabad Cricket Association, official sources said.
World Bank on Friday offered to help India to improve its public procurement system and said even a marginal improvement in efficiency can yield huge savings.
The Bombay high court on Thursday directed the Maharashtra government to investigate how celebrities and politicians procured anti-COVID-19 drugs and injections to help those in need when the same were available only in scarce quantities across the country.
He also said that his country would continue to talk about the Kashmir issue "through channels that are acceptable" and prayed that "the issue is amicably resolved".
Air Chief Marshal B S Dhanoa said that no country in the world is facing the kind of grave threat that India is confronted with.
Waiz-ul-Islam, 19, of Srinagar's Bagh-e-Mehtab locality and Mohammad Abbass Rather, 32, of Hakripora village in Pulwama district were arrested by the NIA, the official said.
The directorate grants approval to the statues of iconic personalities if they are found to be carrying the facial and other physical features of those personalities well. The 35-foot statue of the Maratha empire founder, installed at Rajkot fort in Sindhudurg's Malvan tehsil and unveiled by Prime Minister Narendra Modi in December last year, collapsed on Monday.
V V S Laxman's tenure ends in September but he is set to continue as the NCA chief, confirmed BCCI secretary Jay Shah.
'While my generation carries with it the memory of the Chinese perfidy of 1962, this generation will carry the memory of Chinese perfidy in Galwan.'
The defence ministry said 98 per cent of the total procurement worth Rs 2.23 lakh crore will be sourced from the domestic industries.
The utility helicopters will be used in attack missions as well as for search and rescue and surveillance operations.
The Manipur police dismissed the claims of Lt Gen PC Nair, a retired DG of Assam Rifles, in a recent media interview that no drones or rockets have been used in the attacks.
Tomato prices have been on the boil for more than a month. Data from major cities show that the spike has been between 125 and 150 per cent at the wholesale level. Soaring vegetable prices, including tomatoes, pushed the retail inflation rate to a nine-month high of 5.49 per cent in September, according to government data. Though reports say prices are expected to come down in the next few weeks after supplies improve from Madhya Pradesh and Himachal Pradesh, how long will the respite last is anybody's guess.
