Defence exports grew 33 per cent in the calendar year 2023 (CY23) to around Rs 21,083 crore while domestic defence orders serviced by listed companies were Rs 48,000 crore. The sector is poised for steady growth. Budgeted domestic capex is likely to hit Rs 3 trillion per annum, and exports could reach $6 billion by FY29.
'India captain Rohit Sharma pleaded guilty to the offence and accepted the proposed sanction, so there was no need for a formal hearing.'
China said on Tuesday that it supports the Maldives in safeguarding its sovereignty, as the first batch of Indian military personnel operating a helicopter left the island nation and was replaced by a civilian crew.
There was no immediate confirmation from India's defence ministry on the withdrawal of the first batch of Indian military personnel from the Maldives as reported by the media in Maldives.
'If Kejriwal is adamant on running his government from jail, then his government could be dismissed and Article 356 imposed on Delhi, in other words President's rule in Delhi.'
There are 88 military personnel manning the three Indian platforms that have been providing humanitarian and medical evacuation services to the people of the Maldives for the last few years using two helicopters and a Dornier aircraft.
China on Monday signed a defence cooperation agreement with the Maldives to provide free military assistance to foster "stronger" bilateral ties with Male, weeks after President Mohamed Muizzu set a deadline for the withdrawal of the first group of Indian military personnel from his island nation.
The original points deduction meant Everton dropped from 14th in the standings into the relegation zone with four points. The club filed an appeal against the initial deduction, which they labelled "wholly disproportionate and unjust".
The ICC has suspended Sri Lanka captain Wanindu Hasaranga for two matches and docked a fine of 15 per cent on the match fee of Afghanistan wicketkeeper-batter Rahmanullah Gurbaz for breaching its Code of Conduct during the third T20I in Dambulla.
India has expressed concern about the movement of the Xiang Yang Hong 03 vessel in Indian Ocean waters and also prevailed on Sri Lanka to refuse permission for the ship to dock at Colombo port.
President Mohamed Muizzu on Wednesday said by bolstering the defence capabilities of the Maldives, the country will soon reach a point where there is no 'foreign' military presence, weeks after he sought the withdrawal of Indian defence personnel from the archipelago nation.
External Affairs Minister S Jaishankar on Tuesday said it was necessary to acknowledge that China will influence India's neighbouring countries, and India must not be scared of such "competitive politics".
A Chinese research ship on Wednesday docked at Sri Lanka's Colombo port, officials in Colombo said, amid security concerns raised by the US over its visit.
'Who has given how much money to which party, the people of India must know this fact.'
The development comes a day after clashes broke out in Parliament on Sunday between pro-government MPs and opposition lawmakers over differences over the approval of four members of the pro-China President's cabinet.
The timing coincides with Maldivian President Mohamed Muizzu's recent state visit to China, aimed at strengthening ties.
The rally in the equity markets in the second half of 2023 has led to a sharp surge in the cutoff for stocks to qualify as largecaps and midcaps. On the latest list put out by the Association of Mutual Funds in India (Amfi), the smallest largecap stock now has a market capitalisation (m-cap) of Rs 67,000 crore, 35 per cent higher than in July 2023. In the case of midcaps, the cutoff has surged 26 per cent to Rs 22,000 crore.
It's always a joy to read Zeenat Aman's posts on Instagram, especially when she goes down memory lane and reveals interesting nuggets of movie trivia.
Officials hint the visit could finally see a formal defence industrial road map being adopted by both nations.
INS Imphal is the first warship to have been named after a city from the northeast, said Vice Admiral Dinesh K Tripathi, Flag Officer Commanding in Chief, Western Naval Command.
India international Cheteshwar Pujara has been suspended from one county game after his team Sussex was docked 12 points in the County Championship.
Returning home after a five-day high-profile state visit to China, Maldives President Mohamed Muizzu on Saturday struck a defiant note saying that his country may be small but 'doesn't give them the license to bully us'.
Sri Lanka has decided to impose a one-year moratorium in allowing foreign vessels to conduct research in the island nation's territorial waters, Foreign Minister Ali Sabry has said, amidst frequent docking requests from Chinese surveillance ships.
A piece of slightly negative news can cause a serious setback, warns Debashis Basu.
Saturday's drone attack on MV Chem Pluto came amid increasing concerns over various commercial vessels being targeted reportedly by Iran-backed Houthi militants in the Red Sea and Gulf of Aden amid the Israel-Hamas conflict.
'The two sides agree to continue firmly supporting each other in safeguarding their respective core interests,' a joint statement issued at the end of Muizzu's talks with Chinese leaders said.
It is the first warship to have been named after a city from the Northeastern region, the approval for which was accorded by the President in April 2019.
Sri Lanka is currently processing a request by China to allow a research ship to dock in the country, a foreign ministry spokesperson said on Wednesday, a year after a visit by a Chinese spy vessel to the Island nation raised security concerns in India.
We should reassess what India's role in the world is and whether we are doing the right thing for ourselves, notes Aakar Patel.
A Chinese Navy warship capable of surveillance has docked at the Colombo port, nearly a year after another spy vessel berthed at a strategic port in the country and raised concerns in India.
Everton have filed an appeal against their 10-point deduction by the Premier League, the club said on Friday.
After the historic success of its Chandrayaan-3 lunar mission, Indian Space Research Organisation (ISRO) is going full throttle with its plans to send Indian astronauts for the first time to the Moon by 2040, ISRO Chairman S Somanath said.
The government declared Monday (Dec 4) a public holiday and urged private companies to encourage 'work from home' option for its employees in Chennai, Tiruvallur, Kancheepuram and Chengalpattu districts.
ICC said it docked points and fined both England and Australia for maintaining slow over-rate during the recently-concluded Ashes series.
'You need to have enough funds to maintain the primacy of public transport and it should not suffer because of lack of funds.'
Manchester United's Alejandro Garnacho scored with a magical overhead kick in the third minute to send the visitors on their way to a 3-0 victory over an Everton team already reeling in their first Premier League game after being docked 10 points.
'Gandhi had given the call 'Do or Die'. And with all the leaders arrested, you had to be your own leader.'
The Congress alleged that the claims made by the ED against Baghel are part of a "conspiracy" hatched by the BJP to tarnish the Chhattisgarh chief minister's image and asserted that the people of the state would give a befitting reply to such tactics in the upcoming Assembly poll.
French football was again marred by violence after Olympique de Marseille's Ligue 1 match against Olympique Lyonnais was called off on Sunday when the visitors' bus and some fans were pelted with stones and beer bottles, injuring Lyon coach Fabio Grosso.
Australia opener Usman Khawaja has vented his frustration after the team lost 10 World Test Championship (WTC) points for slow over-rates.
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