Defence National
India’s state-owned Bharat Electronics Limited (BEL) and France’s Safran Electronics & Defence have formed a 50:50 joint venture to manufacture the HAMMER (Highly Agile Modular Munition Extended Range) precision-guided air-to-ground weapon system in India. The agreement was formalised under the guidance of the Ministry of Defence, recognising the collaboration as a key
Business Finance
The Reserve Bank of India has indicated there is space for further policy rate cuts after retail inflation dropped to a record low of 0.25 percent in October. RBI Governor Sanjay Malhotra said the sharp fall in inflation strengthens the case for easing, though any move will depend on the Monetary Policy Committee’s assessment. Growth […]
Technology
Google and venture-capital firm Accel have announced a partnership to back at least ten early-stage Indian artificial-intelligence (AI) startups, say company executives. Under the tie-up, each startup could receive up to US $2 million in funding by the joint initiative. The companies say their focus will be on domains such as entertainment, creative technologies, workplace
Cricket Sports
Former India coach and commentator Ravi Shastri has harshly criticised the current Indian team under coach Gautam Gambhir, calling the selections “makes no sense” after India’s batting collapse in Guwahati during the second Test against South Africa. Selection Confusion At Number 3 Shastri pinpointed the frequent changes at the crucial number 3 batting position as […]
International
The European Union has said it will continue providing Ukraine with military assistance, financial support and diplomatic backing as peace negotiations move forward. European Council President António Costa confirmed that EU members have committed to meeting Ukraine’s financial needs for the next two years while maintaining weapons supplies. Peace Negotiations Show Fresh