FDI in the defence sector during 2000-2014 has been a meagre $4.94 billion, despite the total FDI flow into the country across sectors standing at $321.81 billion.
Addressing officials of Puducherry government and various banks at a meeting organised by state level Bankers Committee in Puducherry, Chidambaram said 'with the availability of banking technology, the scheme is not a complex arrangement but an easy programme.'
Lauding India's ambitious space programme, The New York Times has said the country, currently witnessing an 'explosive' growth in space-tech start-ups, is set to 'transform the planet's connection to the final frontier' and can emerge as a 'counterweight' to China.
'It will dictate the flow of funds into the index. We will maintain caution on mid/smallcaps.'
The United States has reportedly rejected Pakistan's fresh demands of handing over unmanned drone technology to it, highly placed sources in the Pakistan military have revealed, adding that Washington's refusal could result in Islamabad further delaying its decision to launch a new war front against militants in North Waziristan.
500 million doses per annum from its two sites in Hyderabad and 200 million doses each from its Ankleshwar and Kolar facilities.
Get a new QR code from an alternative provider. PhonePe, Google Pay, Pine Labs, etc are some of the other service providers.
Although net inflows into equity mutual funds deteriorated month-on-month (M-o-M) in March 2024 to Rs 22,576 crore (excluding Hybrid), down 15 per cent M-o-M (up 12 per cent Y-o-Y), asset management companies (AMCs) had a great year with robust growth in assets under management (AUMs). AMCs are likely to report strong PAT growth (30-40 per cent Y-o-Y) in Q4FY24 on the back of AUM growth. In Q4FY24, domestic mutual fund (MF) industry's quarterly average AUM grew by 34 per cent Y-o-Y and 10 per cent quarter-on-quarter (Q-o-Q) to Rs 54 trillion ($652 billion).
The dust over the controversy around foreign direct investment (FDI) in the defence sector appears to have settled.
Reacting to a petition filed by the organising chairman of Joint Entrance Examination (JEE) (advanced) 2013, IIT-Delhi, the Supreme Court ordered the transfer of all petitions related to the IIT admissions that were pending in the Andhra Pradesh High Court to itself.
The key proposals from the IT industry that were not addressed included removal of dual levies on software products
India has also become the fourth best represented nation in the 2024 rankings, up from sixth last year.
'This is total fraud. You are showing me the slip of my vote but not counting it so this is fraud.'
Managing the senior generals has proven to be quite a headache for General Asim Munir, even as he and his team of loyal henchmen labour hard to dispel the sense of unhappiness among the public about the army's overbearing presence and interference in matters 'civilian', notes Rana Banerji, who headed the Pakistan desk at RA&W.
The message is clear: The 60-year-old wise uncles need to handhold the 40-year-old entrepreneurs when, obsessed with ambition and greed for growth, they become a victim of hubris, points out Tamal Bandyopadhyay.
The first phase of the trade deal includes IP protection and enforcement, ending forced technology transfer, dramatic expansion of American agriculture, removing barriers to American financial services, ending currency manipulation, rebalancing the US-China trade relationship and effective dispute resolution.
Whether it was the MGNREGS or the NFSA or the Aadhaar-based DBT scheme for cash transfer, the Modi government has built on the basic architecture created by the Singh government. Policy makers in the Modi government, instead of discarding them as products of the previous political regime, worked on them, expanded their scope and reach, and used new tools to improve their performance, explains A K Bhattacharya.
ISRO chairman S Somanath said the success gave the space agency "greater confidence," as the GSLV will be next deployed in the NISAR mission, a collaborative effort with the US' NASA.
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.
The Drugs Controller General of India (DCGI) has granted permission to the Serum Institute of India (SII) to manufacture the Sputnik COVID-19 vaccine in India for examination, test and analysis with certain conditions, official sources said.
Asserting that the world does not have much time to correct the mistakes of the last century, Prime Minister Narendra Modi on Friday announced a 'Green Credit Initiative' focused on creating carbon sinks through people's participation and also proposed to host the United Nations climate conference in 2028, or COP33, in India.
Salil Dhawan of Investment-Mantra.in evaluates Airtel Money -- a mobile money transfer service started by mobile service operator Bharti Airtel.
'The aim is also to probe how the ministry and testing agencies made negligence in examining these OEMs, so that such negligence is avoided in the future.'
Break the chains of debt, invest in your future, and wave the flag of financial independence high. Freedom awaits, comrades. Let's conquer this battlefield together this Republic day, exhorts Vatsal Ramaiya.
Defence ministry sources said George Fernandes gave the assurance to Israeli Prime Minister Ariel Sharon.
Indian policymakers must realise that in buying small quantities of equipment, it becomes hard to start manufacturing them in India, explains Ajai Shukla.
'India needs many more job creators, both in manufacturing and services, to make it big.' 'For that, the red carpet must be rolled out fully and for all investors without holding back,' suggests Nivedita Mookerji.
The Islamabad Declaration was issued at the conclusion of the 48th session of the foreign minister of the Organisation of Islamic Cooperation which was attended by the ministers and delegates from 57 Muslim states and international organisations.
This is the first time a bank has introduced a real-time international account to account money transfer service via mobile phones anywhere in the world, a statement here said.
When the police conducted a probe into it, a mega fraud worth over Rs 16,180 crore came to light, the official said quoting the FIR.
India's top payments service provider Financial Technologies-promoted atom technologies, Visa and Reliance group's Reliance Securities have come together to enable 1 million customers of Reliance Securities to make online money transfers to their broking accounts through atom's payment solutions, using any Visa debit card.
The Ministry of Defence has added another important change to the series of internal decisions on the Defence Offset Policy: foreign vendors can offer transfer of technology as a way to fulfil its offsets liabilities in a deal.
The court took note of the suicides at IIT-Madras since 2006 and advised the institute to provide periodic counselling to students.
"The contract for the detailed design would be signed soon and that will be a major milestone. It should be signed in the second half of the year," a top official involved in the negotiations with Russia on the project said.
Researchers at the Indian Institute of Technology-Kharagpur have developed technologies that will enable people with disabilities enjoy the digital world, says Indrani Roy.
'We are focused on playing on our strengths, which are technology, and building a large profitable business by working with banks as well as non-banks and NBFCs for loans.'
To address the shortage of COVID-19 jabs in the country, the government is exploring the possibility of boosting production of vaccines, including identifying manufacturing sites for indigenously developed Covaxin outside India, sources said.
An allocation to ESG theme funds can bring down the overall risk of an equity portfolio. Investors with long-term financial goals, such as retirement, should not ignore sustainable investing.
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