French President Emmanuel Macron suggests extending France's nuclear deterrence to safeguard European allies against Russian aggression, emphasizing Europe's need for strategic autonomy and increased defense capabilities.
The Ministry of Defence announces reforms to streamline defence procurement, aiming to reduce timelines and promote indigenous manufacturing under the 'Atmanirbhar Bharat' initiative.
The Indian government has initiated the process of reducing its equity stakes in select public sector banks (PSBs) and listed public financial institutions (PFIs) to comply with the Securities and Exchange Board of India’s (SEBI) Minimum Public Shareholding (MPS) norms. This move aims to bring government ownership in these institutions below 75%, aligning with SEBI
Bharat Forge’s subsidiary, Kalyani Powertrain, has announced a strategic partnership with Advanced Micro Devices (AMD) to manufacture servers in India. This collaboration aims to enhance India’s server infrastructure by integrating AMD’s advanced technology into domestically produced solutions. The servers developed through this partnership will feature
The Reserve Bank of India (RBI) has proposed the removal of foreclosure charges and pre-payment penalties on all floating rate loans extended to individuals and Micro and Small Enterprises (MSEs), including those taken for business purposes. This initiative aims to promote responsible lending practices and provide greater flexibility to borrowers in managing their debts.
Tata Advanced Systems Limited (TASL) has introduced India’s inaugural NATO-compliant armoured vehicle, the Wheeled Armoured Amphibious Platform (WhAP), tailored for international defense markets. This development signifies a significant milestone in India’s defense manufacturing sector, aligning with global standards and showcasing indigenous capabilities. The
Russian scientists unveil a prototype plasma engine that could reduce Mars travel time from nearly a year to just 30 to 60 days, revolutionizing space travel.
UAE, Saudi Arabia, Egypt, and Vietnam express interest in India’s BrahMos missile after its successful sale to the Philippines and ongoing talks with Indonesia.
India’s palm oil imports have fallen to their lowest level in 14 years, as the country shifts towards alternative edible oils like soybean and sunflower oil. The decline in demand for palm oil, primarily sourced from Indonesia, Malaysia, and Thailand, is attributed to a significant change in consumer preference, competitive pricing, and concerns over health […]
China’s DeepSeek has made quite the splash recently. With its much-hyped DeepSeek-R1 model, it has not only claimed to deliver cutting-edge AI at a fraction of the cost incurred by OpenAI but also sent shivers down the spines of U.S. tech giants like Nvidia. The claim? A whopping 94% cost reduction in developing a large […]
