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Airbus, Thales, Leonardo eye new venture to take on Musk
Europe's Airbus, Thales and Leonardo are exploring plans to set up a new joint space company as they look to compete with Elon Musk's Starlink.
France's looming trilemma: No confidence, no government, no budget
A vote by Parliament today could force the PM to resign
Biden offers $7.5 bn for Samsung-Stellantis hub
A joint venture between Samsung SDI Co and Stellantis NV to create battery manufacturing plants in Indiana is being offered $7.5 billion in financing from the Biden administration.
Trump demands release of Israeli hostages in Gaza
President-elect Donald Trump is demanding the immediate release of Israeli hostages still being held in Gaza, saying that if they are not freed before he is sworn into office for a second term there will be \"HELL TO PAY.\"
In tit-for-tat move, China bans export of key minerals to US
Commerce ministry curbs supply of gallium, germanium, and antimony
South Korean Prez declares martial law
Says Opposition parties have taken hostage of Parliament; measure taken for first time since 1980
Rajasthan govt aims to double state's economy to ₹30 trillion in five years
Rajasthan will hold a three-day global investment summit that Prime Minister Narendra Modi is scheduled to inaugurate on December 9. Chief Minister BHAJAN LAL SHARMA, in an online interview with Anil Sharma, spoke about the government's preparations and expectations from the event. Edited excerpts:
₹22K cr worth of defence proposals get govt nod
The Defence Acquisition Council (DAC), under the chairmanship of Defence Minister Rajnath Singh, on Tuesday accorded acceptance of necessity (AON) for five capital acquisition proposals worth over ₹21,772 crore.
Biden admin okays sale of $1.17 bn helicopter equipment to India
The Biden Administration on Monday notified the Congress of its decision to approve the sale of MH-60R multi-mission helicopter equipment and related ones at an estimated cost of $1.17 billion.
DRI@67: Fortifying India's economic frontlines
On December 4, the Directorate of Revenue Intelligence (DRI), India's premier investigative agency tasked with safeguarding the nation's economic interests, celebrates its 67th year of establishment.
BoI plans additional ₹5,000 cr infrastructure bond issue
State-owned Bank of India (BoI) is looking to raise an additional ₹5,000 crore through infrastructure bonds, against the backdrop of soft interest rate trends.
RBI sells $2 bn as ₹ hits intraday low of 84.76
The rupee recovered all losses after touching a new intraday low of 84.76 per dollar, as the Reserve Bank of India (RBI) intervened in the foreign exchange market via dollar sales, said dealers.
'Want to grow loans cautiously'
At a time when banks are struggling to mobilise deposits, Yes Bank has managed to grow its deposit base more effectively than many of its peers. PRASHANT KUMAR, managing director and chief executive officer of Yes Bank, discusses the bank's deposit strategy, loan growth trajectory, status of stake sale, and other key developments, in an interview with Subrata Panda in Mumbai. Edited excerpts:
As DAP sales dip, farmers turn to more beneficial NPKS
MOP sales buck trend, rise 20% in kharif 2024
NARCL to open ₹34K cr bids for NPAs
State-owned National Asset Reconstruction Company (NARCL) is set to initiate bidding for seven stressed assets worth ₹34,067 crore via the Swiss challenge process, while resolution is underway or completed for three accounts worth ₹4,842 crore, according to an internal document reviewed by Business Standard.
RS clears Bill to ease oil exploration
Amendments aimed at delinking petroleum operations from mining
EPFO's investible corpus more than doubled in 6 years
Active subscribers grew 7.6% in FY24
Direct tax mopup took a hit in Oct
Festival month saw 12% dip in direct tax revenue to ₹88,293 cr
Women at the Helm: Redefining Leadership in the Indian Navy
From pioneering aviators to commanding warships, women in the Indian Navy are breaking long-standing barriers, reshaping the future of maritime defence. Their groundbreaking achievements reflect a commitment to inclusion and excellence, signalling a new era in India’s naval strength.
India's Naval Power: Emerging as a Blue-Water Navy
In the past few decades, with an expanding reach across the Indian Ocean Region (IOR) and into the Western Pacific, the Indian Navy is not only enhancing its capabilities but also playing a key role in securing global maritime routes
Thales in India Empowering Indian Navy with Trusted Intelligence
India is progressing towards its vision of becoming a developed nation by 2047, marking 100 years of independence.
The Indian Navy: Rising as a Global Maritime Power
As the Indian Ocean becomes an increasingly contested maritime frontier, the Indian Navy has solidified its role as a global maritime power.
BRAHMOS - Bolstering Indian Navy's Firepower at Sea
The Indian Navy has emerged as one of the formidable maritime powers of this century.
India's Underwater Strength: The Evolution of its Submarine Capabilities
India's naval ambitions are increasingly defined by its growing submarine fleet, which reflects the nation's strategic shift towards bolstering its underwater capabilities. From its early focus on diesel-electric submarines to its ongoing pursuit of nuclear-powered options, India is steadily advancing in the complex domain of submarine warfare. This article examines India's evolving submarine force and its broader implications for regional security.
India leads in AI upskilling
2025 will be a crucial year for Udemy in India. CAOIMHE CARLOS, vice-president of global customer success at Udemy, during her first-ever visit to the country, says the company will hire its India head of customer success, expand its research and development (R&D) centre to enhance Udemy's core platform, and add more artificial intelligence (AI) features. Carlos discusses with Shivani Shinde in Mumbai the trends in upskilling the Indian market. Excerpts:
TKIL makes green foray with investment in Swiss firm
TKIL Industries (formerly known as Thyssenkrupp Industries India) on Tuesday said it has made a strategic investment for a stake in SoHHytec SA, based in Lausanne, Switzerland for an undisclosed amount.
Hyundai ties up with 3 IITs for battery, electrification research
Hyundai Motor group on Tuesday announced partnerships with three Indian Institutes of Technology (IITs) to establish a research system in the fields of batteries and electrification.
Flush with funds, qcoms eye expansion
Flush with funds and amid intensifying competition in the sector, quick commerce (qcom) companies like Swiggy Instamart, Zomato-owned Blinkit, and Zepto, have shifted into expansion mode.