New Delhi, dt. 12 (PTI) – Serious efforts are being taken for the indigenization of defense equipment manufacturing. Considering the limitations of the Government mechanism and the opportunity for business growth, Central Government is stressing to have defense related equipment manufactured in India, by formalizing a Government & Private sector partnership. Consequently Defense Minister Manohar […]
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The Union Cabinet has cleared the proposal of granting the payment bank status to the post office. This historic decision was taken by the cabinet committee on economic affairs chaired by Prime Minister Narendra Modi. This bank of the postal department, to be known as the ‘India Post Payment Bank’ will, apart from making available […]
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The Central Government of India is considering strong measures to restrain fraudulent activities of scammers like Sahara; who are duping millions of investors of their hard earned savings. The ‘Ponzi Scheme’ scams lure people, particularly from rural and semi-rural areas, into investing their savings by promising fat returns. At the instance of Prime Minister Narendra […]
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The Prime Minister of Japan Shinzo Abe was in Russia on Friday 6th May. Official sources of both countries confirm that Abe met with the Russian President Vladimir Putin in Sochi and discussed issues of considerable importance including that of the disputed ‘Kuril Islands’. Both countries have shown willingness to view this issue in particular, […]
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With tension mounting in the Asia-Pacific region, Australia is all set to buy 12 submarines from France. These will be built in Australia and the program claims to create a good amount of employment that will in turn boost the economy of the country, asserted the Australian Prime Minister, ‘Malcolm Turnbull’. However, Australian Defence experts […]
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