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NEW DELHI: India's defence exports touched a record high in FY26, rising sharply by over 62 per cent to Rs 38,424 crore, reflecting growing global demand for indigenous military systems and manufacturing capabilities, according to PTI.Defence Minister Rajnath Singh said the surge marks a "big jump" driven by rising international trust in India's defence ecosystem."India defence exports have touched a new all-time high with a record Rs 38,424 crore in FY 2025-26. It marks a robust 62.66 per cent ...Read More >
New Delhi, Apr 2 (PTI) India's annual defence exports touched an all-time high of Rs 38,424 crore in the financial year 2025-26, marking more than 62 per cent growth over the previous fiscal year, Defence Minister Rajnath Singh said on Thursday. The "big jump" in the defence exports reflected the growing "global trust" in India's indigenous defence capabilities, Singh said in a social media post, adding that the country is "scripting an impressive defence exports success story". "India defence ...Read More >
In a significant move for the global space economy, European satellite giant Eutelsat is in talks with the Indian Space Research Organisation (Isro) to expand its launch options. As reported in Reuters, the France-based company is looking to diversify its partners beyond SpaceX and Europe's Ariane rockets to challenge Elon Musk's Starlink. This potential partnership highlights India's growing influence as a reliable and cost-effective hub for high-tech space missions. The discussions come at ...Read More >
New Delhi, April 2 (UNI) India's defence exports in the financial year 2025-26 hit an all-time high of Rs 38,424 crore, registering a massive rise of 62.66pc by Rs 14,802 crore. The exports in the previous fiscal year was Rs 23,622 crore. Defence Public Sector Undertakings (DPSUs) and the private sector have contributed 54.84% and 45.16pc respectively, as per data shared by the Ministry of Defence. DPSUs' exports surged by 151 pc compared to the previous year, with private firms showcasing the ...Read More >
NEW DELHI: Defence minister Rajnath Singh on Thursday said that India's defence exports hit a record Rs 38, 424 crore in FY 2025-26, registering a 62.66% sharp surge over the previous fiscal year.The figure marks a rise of Rs 14,802 crore from Rs 23,622 crore recorded in 2024-25, reflecting strong growth in India's defence manufacturing and export capabilities.Highlighting the milestone, Singh credited the leadership of Prime Minister Narendra Modi and said the growth underscores rising global c ...Read More >
Bangalore : Axis Bank, one of the largest private sector banks in India, today announced the launch of the Registered Mobile Number update journey via Aadhaar Face Authentication on its Mobile Banking app. With this introduction, Axis Bank becomes the first among India's leading banks to implement UIDAI's Aadhaar Face Authentication service as a Do It Yourself (DIY) digital journey for updating registered mobile numbers. This newly launched solution allows customers to update their registered m ...Read More >
New Delhi: Defence exports have touched an all-time high of Rs 38,424 crore in the Financial Year (FY) 2025-26, marking a massive rise of Rs 14,802 crore (62.66%) over the previous fiscal year's figure of Rs 23,622 crore. In this landmark milestone, Defence Public Sector Undertakings (DPSUs) and the private sector have contributed 54.84% and 45.16% respectively. This accomplishment of the Indian defence industry is in line with the Prime Minister Shri Narendra Modi's vision to position India amo ...Read More >
New Delhi, April 2: Defence Minister Rajnath Singh on Thursday said under the leadership of Prime Minister Narendra Modi, India has achieved a historic milestone in defence exports, reaching an all-time high of ₹38,424 crore in the fiscal year 2025-26, marking a significant 62.66% growth over the previous year. In a post on X, Singh said that this jump from the previous year reflects global trust in India's indigenous capabilities and advanced manufacturing strength. "Under the inspiring leader ...Read More >
India's defence exports in the Financial Year (FY) 2025-26 reached a record Rs 38,424 crore, registering a 62% year-on-year increase over the previous fiscal year's figure of Rs 23,622 crore. Defence Public Sector Undertakings (DPSUs) and the private sector contributed 54.84% and 45.16% in registering the feat. Defence Minister Rajnath Singh lauded the Department of Defence Production, Indian defence exporters and asserted that India is marching ahead towards becoming a global manufacturing hub ...Read More >
NEW DELHI: In a significant development, defence exports surged to an all-time high of Rs 38, 424 crore in the financial year 2025-26, marking a 62.66 per cent rise from previous fiscal's Rs 23, 622 crore exports figures, the government said on Thursday. Defence Public Sector Undertakings (DPSUs) and the private sector contributed 54.84 per cent and 45.16 per cent, respectively. This accomplishment of the Indian defence industry is in line with the Prime Minister Narendra Modi's vision to posi ...Read More >
New Delhi, April 2 (SocialNews.XYZ) In a significant development, defence exports surged to an all-time high of Rs 38,424 crore in the financial year 2025-26, marking a 62.66 per cent rise from previous fiscal's Rs 23,622 crore exports figures, the government said on Thursday. Defence Public Sector Undertakings (DPSUs) and the private sector contributed 54.84 per cent and 45.16 per cent, respectively. This accomplishment of the Indian defence industry is in line with the Prime Minister Narendr ...Read More >
The temporary easing of U.S. sanctions on Russian crude has rapidly redrawn global oil flows, with India stepping back in as the dominant buyer of previously distressed barrels. Even as overall imports are about to ease seasonally, Russian volumes into Asia are surging -- tightening the market and pushing Urals to a rare $8/bbl premium over Brent. Washington's March 12 decision to allow sales of oil already loaded onto tankers had an immediate impact. Almost all of Russia's floating storage was ...Read More >
New Delhi: Defence Minister Rajnath Singh on Thursday said that under Prime Minister Narendra Modi's leadership, India has achieved a historic milestone in defence exports, reaching an all-time high of ₹38,424 crore in FY 2025-26. This marks a significant growth of 62.66% over the previous fiscal year. In a post on X, Singh said the sharp rise reflects growing global trust in India's indigenous capabilities and advanced manufacturing strength. He noted that the increase of ₹14,802 crore highlig ...Read More >
New Delhi [India], April 2 (ANI): Defence Minister Rajnath Singh on Thursday said under the leadership of Prime Minister Narendra Modi, India has achieved a historic milestone in defence exports, reaching an all-time high of ₹38,424 crore in the fiscal year 2025-26, marking a significant 62.66% growth over the previous year. In a post on X, Singh said that this jump from the previous year reflects global trust in India's indigenous capabilities and advanced manufacturing strength. "Under the i ...Read More >
MUMBAI, April 2 (Reuters) - Indian banks are set to face heightened uncertainty on Thursday after the central bank's curbs on corporate activity made it costlier for lenders to cut arbitrage positions, potentially saddling them with larger losses. Late on Wednesday, the Reserve Bank of India barred banks from offering rupee non-deliverable forwards to resident and non-resident clients. The move was aimed primarily at halting a surge in corporate-driven arbitrage activity seen on Monday, four b ...Read More >
The government said preparations are in place to support spacetech startups, with funding rollout likely from the next financial cycle India's dedicated venture capital fund for the space sector is making steady progress, with investments in selected startups expected to begin in the first quarter of FY2027, Union Minister of State for Atomic Energy and Space, Jitendra Singh, has said. The update was provided during the ongoing Budget Session of Parliament, reflecting continued momentum in deve ...Read More >
NEW DELHI, Apr 1: Union Minister of State (Independent Charge) for Science & Technology, Earth Sciences, and MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr. Jitendra Singh today informed the Lok Sabha about "Antariksh Venture Capital Fund", set up to promote Space StartUps and the emerging Spacetech ecosystem. The Minister also added that India's dedicated venture capital fund for the space sector is progressing steadily, with investment in selected StartUps expect ...Read More >
Mumbai: Top private sector banks and telecom companies are replacing one-time passwords (OTPs) and are jointly developing a 'silent authentication mechanism'-a background check that verifies whether the mobile number linked to a banking app matches the SIM currently active on the device. If a discrepancy is detected, the transaction can be flagged or blocked in real time without any action required from the customer. The technology will also be extended to eSIM environments. This additional lay ...Read More >
Sanand (Gujarat) [India], April 1 (ANI): Industrial production in Gujarat's Sanand GIDC has declined following an increase in commercial LPG cylinder prices, with units reporting disruptions due to fuel shortages, an industry representative said. Ajit Shah, President of Sanand GIDC, said, "There has been a decline in production. For instance, if my production output today stands at 100 units, it has now dropped to around 80 units." He attributed the slowdown to supply issues affecting operatio ...Read More >
Sanand (Gujarat) [India], April 1 (ANI): Industrial production in Gujarat's Sanand GIDC has declined following an increase in commercial LPG cylinder prices, with units reporting disruptions due to fuel shortages, an industry representative said. Ajit Shah, President of Sanand GIDC, said, "There has been a decline in production. For instance, if my production output today stands at 100 units, it has now dropped to around 80 units." Also Read | CBSE Rolls Out Curriculum on Computational Thinkin ...Read More >
Kolkata, April 1 (SocialNews.XYZ) Kolkata-based industrialist Pawan Kumar Ruia, arrested by the cybercrime division of the West Bengal Police in connection with a Rs 600 crore cyber fraud case, was on Wednesday remanded to seven days of police custody by a district court. Ruia, who was arrested on Tuesday evening outside a hotel in New Town on the northern outskirts of Kolkata, was produced before the Bidhannagar sub-divisional court on Wednesday afternoon. During the hearing, the public prosec ...Read More >
Kolkata: Kolkata-based industrialist Pawan Kumar Ruia, arrested by the cybercrime division of the West Bengal Police in connection with a Rs 600 crore cyber fraud case, was on Wednesday remanded to seven days of police custody by a district court. Ruia, who was arrested on Tuesday evening outside a hotel in New Town on the northern outskirts of Kolkata, was produced before the Bidhannagar sub-divisional court on Wednesday afternoon. During the hearing, the public prosecutor sought police custod ...Read More >
Hyderabad: A strike called by autorickshaw drivers due to the liquefied petroleum gas (LPG) shortage at an Indian Oil petrol pump near Sagar Highway in LB Nagar brought traffic to a standstill on Wednesday, April 1. Police quickly intervened and cleared out the traffic in 15 minutes, LB Nagar Traffic Police told Siasat.com. Even though the situation did not escalate this time, autorickshaw drivers have been struggling due to the fuel crunch triggered by US-Israel strikes on Iran since mid-Marc ...Read More >
Kolkata: State-owned Indian Bank said its gross advances grew 13.6% year-on-year to Rs 6.68 lakh crore at the end of March while deposit mobilisation rose 12.6% to Rs 14.98 lakh crore. Four south-based private banks, which updated quarterly business numbers Monday, also saw their gross advances growth outpacing deposit expansion, in line with the industry trend. The Chennai-headquartered Indian Bank said that its advances grew largely on account of lending to retail, agriculture and micro smal ...Read More >
New Delhi, April 1 (SocialNews.XYZ) The government on Wednesday said it has adequate seed stock available for the upcoming Kharif season amid the West Asia crisis that has hampered global supply chains. Additional Secretary, Agriculture and Farmer Welfare, Maninder Kaur Dwivedi, said during the inter-ministerial briefing that the country has a self-reliant seed system backed by the Indian Council of Agricultural Research (ICAR) and the public sector, in addition to the private sector. Moreover ...Read More >
PNN Mumbai (Maharashtra) [India], April 1: Mumbai-based 'Falcon Technoprojects India Limited' is a leading company providing mechanical, electrical and plumbing services at the national level. The company is raising Rs. 21.43 crore through a rights issue. The company has received in-principle approval from NSE Emerge for the rights issue. The team of Business Remedies has gathered information about the company's business activities from the company's investor presentation. Business Activities: ...Read More >
NEW DELHI: The United States and India are poised to unlock the "limitless potential" of artificial intelligence (AI) collaboration through closer public and private sector engagement, US Ambassador to India Sergio Gor said, emphasising the need for flexible and bilateral approaches to managing the rapidly evolving technology. In an interview with SPAN magazine, the US Embassy in New Delhi publication, Gor pointed to recent developments such as the hosting of the India AI Impact Summit in India ...Read More >
New Delhi [India], April 1 (ANI): The United States and India are poised to unlock the "limitless potential" of artificial intelligence (AI) collaboration through closer public and private sector engagement, US Ambassador to India Sergio Gor said, emphasising the need for flexible and bilateral approaches to managing the rapidly evolving technology. In an interview with SPAN magazine, the US Embassy in New Delhi publication, Gor pointed to recent developments such as the hosting of the India AI ...Read More >
Hyderabad (Telangana) [India], April 1 (ANI): The Telangana government passed the Telangana Employees Accountability and Monitoring of Parental Support Bill, 2026, in the Legislative Assembly. The legislation seeks to impose salary deductions on both public and private sector employees who are found neglecting or failing to provide support to their parents. The bill proposes that dependent parents can claim up to 15 per cent of their employed child's gross monthly salary, capped at Rs 10,000, t ...Read More >
Hyderabad (Telangana) [India], April 1 (ANI): The Telangana government passed the Telangana Employees Accountability and Monitoring of Parental Support Bill, 2026, in the Legislative Assembly. The legislation seeks to impose salary deductions on both public and private sector employees who are found neglecting or failing to provide support to their parents. The bill proposes that dependent parents can claim up to 15 per cent of their employed child's gross monthly salary, capped at Rs 10,000, t ...Read More >
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