HAL working on combat drone on the basis of pseudo-satellite and Skyborg, informs senior official from HAL

HAL working on combat drone on the basis of pseudo-satellite and Skyborg, informs senior official from HAL

New Delhi: Hindustan Aeronautics Limited (HAL) is working on the development of a Pseudo-satellite. The satellite, operating at a very high altitude in the earth’s atmosphere, is known as the atmospheric satellite or high-altitude aircraft. This satellite can be airborne at the height of 70,000 feet for two to three months and can send information. […]

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Provision of USD 130 billion for modernisation of defence forces – Defence Minister Rajnath Singh  

Provision of USD 130 billion for modernisation of defence forces – Defence Minister Rajnath Singh  

Bengaluru: Defence Minister Rajnath Singh announced, ‘India is very cautious regarding its population and activities against its integrity. USD 130 billion will be spent on modernisation of defence forces in the next seven to eight years. The maximum stress will be on indigenous manufacture of defence equipment.’ The Defence Minister made this announcement while inaugurating […]

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Budget 2021-22

Budget 2021-22

New Delhi: The Union Finance Minister, Nirmala Sitharaman presented Budget 2021-22 attaching highest priority to development and making huge provisions for government spending, for this purpose. The courageous decisions taken to provide an impetus to the economy, which has slowed down due to the Coronavirus crisis, are considered the budget highlights. There are enormous provisions […]

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FDI limit raised to 74% in the insurance sector; this decision will strengthen the insurance sector, analysts claim

FDI limit raised to 74% in the insurance sector; this decision will strengthen the insurance sector, analysts claim

New Delhi: A major decision was announced in the Union budget, strengthening the insurance sector. The Foreign Direct Investment (FDI) limit for the insurance sector increased from 49% to 74%. Since the last few years, demand was being made that the FDI limit in the insurance sector should be raised. The decision is welcomed by […]

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Biden administration committed to strengthening relations with India, assures new US Defense Secretary

Biden administration committed to strengthening relations with India, assures new US Defense Secretary

Washington: The new US Defense Secretary, Lloyd Austin, clarified that the Biden administration is committed to strengthening India-US relations. Pentagon informed that the US Defense Secretary assured of it during his discussion with the Indian Defense Minister Rajnath Singh. On Thursday, both the Defense Ministers held a telephonic conversation. The analysts expressed concerns that the […]

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