RBI bans Paytm Payments Bank from adding new subscribers

RBI bans Paytm Payments Bank: In a major decision affecting thousands of Paytm subscribers, the Reserve Bank of India (RBI) on Wednesday barred Paytm Payments Bank Ltd from accepting deposits or top-ups in any customer account, prepaid instruments, wallets, and FASTags, among others after February 29, 2024. In a statement, the RBI said its action... Read More

Indian Navy MQ-9B Predator Sea Guardian Drone

February 1, 2024

US-India drone deal holds significant importance: State Department

US-India Drone Deal: The US State Department expressed optimism about the proposed drone deal with India, emphasising its 'significant potential' to advance strategic technology cooperation. The deal was announced during Prime Minister Narendra Modi's visit last year, marking substantial growth in the US-India defence partnership over the past decade. Read More

January 26, 2024

Steelmaker JSW Group forays into Defence Sector

JSW Defence and Aerospace: India’s steel maker giant JSW Group has entered into the country’s growing defence manufacturing space which has seen a large number of lucrative defence contracts being awarded to private and state owned defence companies since the launch of ambitious self-reliant India programme (Atm Nirbhar Bharat). The Atm Nirbhar Bharat scheme was launched by the Prime Minister Narendra Modi’s government in 2020 to reduce the country’s dependence on imports in critical sectors, including defence. Read More

DRDO's Autonomous Flying Wing Technology Demonstrator at Chitradurga, Karnataka (Friday - December 16, 2023).

December 15, 2023

DRDO’s Autonomous Flying Wing Technology Demonstrator soars high

The successful flying demonstration of this autonomous stealthy unmanned aerial vehicle shows the maturity of the technology readiness levels in the country as UAVs and autonomous vehicles take centrestage in modern warfare. Read More

December 1, 2023

MoD approves purchase of 97 LCA Tejas, over 150 LCH Prachand helicopters

New order for LCA Tejas, LCH Prachand helicopter: India's apex defence procurement body, the Defence Acquisition Council (DAC) Thursday cleared the procurement of indigenously designed and developed 97 Light Combat Aircraft Tejas Mk 1A and 156 Light Combat Helicopters from state owned aircraft and helicopter manufacturer Hindustan Aeronautics Limited. The approvals also involve other major defence procurements and upgrades entailing an expenditure of around Rs 2.23 lakh crore ($27 billion). Read More

October 23, 2023

NPCIL begins loading fuel in Kakrapar nuclear power plant

NPCIL's Kakrapar Nuclear Power Plant: India’s nuclear power operator NPCIL on Friday said it has started loading fuel in the second indigenously-built 700 MW atomic power station at Kakrapar in Gujarat. “Loading of nuclear fuel for the first time, termed as Initial Fuel Loading (IFL). commenced today in NPCIL’s Kakrapar Atomic Power Project Unit-4 (KAPP 4-700 MWe), after receipt of permission from the regulatory authority, Atomic Energy Regulatory Board (AERB),” the Nuclear Power Corporation of India Limited (NPCIL) said in a statement. Read More

October 23, 2023

India-US 2+2 meeting to be held in November second week

India-US 2+2 meeting 2023: Amid the ongoing global turbulence, India and the US are scheduled to hold the 2+2 meeting in New Delhi around November 9-10. The US Secretary of Defence Lloyd J Austin and Secretary of State Antony Blinken are scheduled to meet External Affairs Minister S Jaishankar and Defence Minister Rajnath Singh in the national capital, officials told media. Read More

Skyroot’s MoU with PROMÉTHÉE Earth Intelligence of France. Hyderabad, India (10 October 2023).

October 11, 2023

Skyroot Aerospace signs MoU for French firms for Vikram space missions

The representatives of the French firms visited Skyroot’s facilities in Hyderabad on Tuesday, where the MoUs were inked. Promethee CEO Olivier Piepsz said 50 per cent of its satellites require specific orbital requirements, making Skyroot’s Vikram launch vehicles an ideal choice for deploying a portion of their satellite constellation. Read More

Gavin Newsom, Governor, California, USA.

October 8, 2023

California Governor Vetoes Anti-Caste Discrimination Bill

Governor Newsom emphasized that California already has robust laws in place to prohibit discrimination based on sex, race, color, religion, ancestry, national origin, disability, gender identity, sexual orientation, and other characteristics. Read More

October 4, 2023

IAF gets first twin-seater trainer version of LCA Tejas fighter

Designed with the strategic intent of transitioning budding pilots into fighter pilots, the LCA Tejas Twin Seater is a remarkable achievement. This delivery is part of the Tejas contract between HAL and the IAF, with a requirement for eight twin-seater trainer aircraft. Read More