Mazagon Dock Shipbuilders Limited (MDL), a prominent Indian shipbuilding company, has won a significant contract from the Defence Ministry to construct advanced submarines. This development is a major milestone in India’s efforts to bolster its maritime defense capabilities. Enhancing Naval Strength The deal is part of a strategic initiative to modernize the Indian
India Inc has put forward its expectations for the upcoming FY26 Union Budget, advocating for an increase in capital expenditure (capex) and reductions in tax rates. The corporate sector believes these measures are crucial to sustaining economic growth and boosting private investments. Focus on Capital Expenditure Corporate leaders have emphasized the need for the
In a move that could reshape judicial appointments in India, the Supreme Court Collegium is reportedly considering pausing recommendations for high court judges who are relatives of sitting or retired judges. This potential shift aligns with ongoing discussions about fostering transparency and meritocracy in the judiciary. Focus on Meritocracy and Transparency The decision
Union Minister for Communications Jyotiraditya Scindia and Finance Minister Nirmala Sitharaman held a crucial meeting to discuss the future of India Post. The discussions centered around strategies to achieve profitability for the government-run postal network while enhancing its efficiency and services. Focus on Financial Sustainability The meeting emphasized the need for
The Engineering Export Promotion Council (EEPC) India has called upon the central government to introduce faceless GST audits in the upcoming Union Budget 2025. The recommendation aims to streamline compliance processes, reduce bureaucratic hurdles, and boost the ease of doing business for exporters. Proposal to Enhance Transparency and Efficiency EEPC India highlighted
Ah, the great Indian middle class—the tireless engine of our economy, the cushion during recessions, the perpetual safety net for our policymakers’ ambitious dreams. They are the ones who pay their taxes on time, religiously invest in ELSS (because tax-saving ads guilt them into it), and keep the consumer economy humming along with their carefully […]
Indian Grandmaster Koneru Humpy added another feather to her illustrious career by clinching the Rapid Chess World Championship title. The victory, achieved in a gripping finale, reinforces her position as one of the leading figures in the world of chess. A Thrilling Path to Victory The championship witnessed Humpy showcasing extraordinary skill and composure under […]
Adani Enterprises Limited (AEL), the flagship company of the Adani Group, has outlined ambitious financial targets, projecting its revenue to reach Rs 1.5 trillion by the fiscal year 2027. The conglomerate anticipates a 46% rise in earnings, supported by its diversified operations across infrastructure, renewable energy, and logistics. Key Growth Drivers AEL’s bullish
South Korea’s suspended President Yoon Suk Yeol is facing serious allegations of ordering military force to enforce his martial law decree. Prosecutors have accused Yoon of instructing soldiers to use firearms to remove lawmakers opposing his decree during a crucial parliamentary vote. Details of Allegations On December 3, Yoon allegedly authorized the military to “break
A tragic aviation accident occurred in South Korea when a plane carrying 181 passengers and crew crashed, resulting in the deaths of at least 28 individuals. Authorities and rescue teams are actively working at the crash site to locate survivors and recover the remains of those who perished. The incident unfolded as the aircraft was […]