Prez launches advanced stealth frigate INS Vindhyagiri

Describing the indigenous construction of an advanced stealth frigate for the Indian navy, 'Vindhyagiri' by Kolkata's Garden Reach Shipyards as a symbol of India's self-reliance in shipbuilding,......

MoD signs Rs 19,600 cr deal for 17 India-made next-gen patrol, missile ships

In line with the government's vision of 'Aatmanirbhar Bharat', the ministry of defence on Thursday signed contracts with Indian shipyards for the acquisition of 11 next generation offshore patrol......

India Will Spend Rs 1.5 Trillion On Aero-Engines

India does not have the facilities needed for developing advanced aerospace products.There is only one wind tunnel in the country, the almost six decade old one in the National Aeronautics......

Light combat jets land on INS Vikrant for 1st time

A prototype of the Naval variant of the indigenously developed Light Combat Aircraft (LCA) on Monday undertook its maiden landing on board aircraft carrier INS Vikrant, in a feat described by the......

Who Will Admit To Committing Fraud?

Banks do extensive investigation before declaring an account fraud; they owe it to us as they deal with our money.Why would they try to fix an innocent borrower? asks Tamal Bandyopadhyay.......

LIC's gross NPA ratio in debt portfolio rises to 7.5% in Dec

In absolute terms, the outstanding book value of NPAs of LIC in the debt portfolio across life, pension and unit-linked funds is to the tune of Rs 32,685.39 crore at the end of December 2019. The......

Will IPOs this year give huge returns?

The most sought-after IPOs of 2017-2018 reap handsome gains for investors, but will IPOs this year do well after listing?Samie Modak reports. The top 10 offerings in terms of subscription have......

Divided over a river, TN, Karnataka to join hands for defence corridor

The corridor is expected to attract around Rs 1,250 billion investment and create 4,00,000 jobs. It will start from Mysore, pass through Bengaluru in Karnataka, to connect with Chennai, Coimbatore,......