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Month: May 2025

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How L&T aims to create a multi-billion dollar defence business driven by Modi government plans to modernise military

[ad_1] The government has established a target of Rs 30,000-crore in defence exports for this fiscal year. (Image of K9 Vajra) Larsen & Toubro (L&T) plans to expand its defence business into a multi-billion dollar enterprise, significantly higher than Rs 6,185 crore (approximately $726 million at current exchange rates) in orders from the previous financial year, motivated by governmental initiatives to enhance military capabilities.The government has established a target of Rs 30,000-crore in defence exports for this fiscal year, with plans to reach Rs 50,000 crore by FY29. Additionally, the government seeks to achieve domestic defence production worth Rs 1.6 lakh crore in FY26, with projections to reach Rs 3 lakh crore by FY29.The company produces various military equipment including warships, patrol vessels, armoured vehicles, artillery guns and missile systems.In conversation with ET, L&T president and chief financial officer R […]

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Rajiv Gandhi asked US for help? BJP MP cites declassified letter from ex-US President | India News

[ad_1] NEW DELHI: Bharatiya Janata Party MP Nishikant Dubey has targeted Congress accusing it of "asking for help" from the United States for India-Pakistan truce in 1987. He made his claims on the basis of a declassified letter written by former US President Ronald Reagan in response to ex-PM Rajiv Gandhi."It is not easy to be Gandhi. This letter is in reply to a letter written by US President Ronald Reagan to the then Indian Prime Minister Rajiv Gandhi. When it was decided under the Shimla Agreement of 1972 that any dispute between India and Pakistan would be negotiated only between the two countries and there would be no mediator, why did the then Indian Prime Minister Rajiv Gandhi ask for help from US President Reagan in negotiating with Pakistan?" Dubey said.The letter, however, does not indicate any formal intervention […]

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Elon Musk’s 72-hour ‘ultimatum’ to Apple that may have put CEO Tim Cook in disagreement with his own team

[ad_1] Elon Musk gave Apple CEO Tim Cook just 72 hours in 2022 to accept a $5 billion deal that would have made SpaceX the exclusive satellite provider for iPhones, or face competition from his own rival service. Apple rejected the offer, setting off a bitter three-year battle that continues to threaten the iPhone's satellite capabilities and has left Android users inadvertently grateful for Cook's defiance.The ultimatum came after Musk learned Apple planned to announce satellite connectivity for the iPhone 14 through partner Globalstar, according to a new report from The Information. SpaceX's proposal demanded $5 billion upfront for 18 months of exclusive iPhone satellite service, followed by $1 billion annually. When Apple declined, Musk made good on his threat, announcing a competing T-Mobile partnership just two weeks before the iPhone 14 launch, a deal that initially would have locked […]

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Elon Musk’s SpaceX launches Starship but loses control mid-flight within 30 minutes, crashes into Indian Ocean | Watch video |

[ad_1] In a groundbreaking move for aerospace engineering, SpaceX launched the ninth integrated test flight of its Starship Super Heavy system from Starbase in South Texas on Tuesday evening. Unlike previous missions aimed at precision landings, this flight intentionally ended in a powerful splashdown. The goal was to gather critical data on the rocket's structural limits and boost progress toward full reusability. This dramatic crash was a calculated experiment, marking a pivotal step in SpaceX’s mission to create reliable, reusable launch systems for future space exploration, including routine missions to the Moon, Mars, and beyond.SpaceX Starship lost control in mid-flight causing mission to end with ocean crashAt 7:36 p.m. EDT (2336 GMT), the completely integrated Starship launch vehicle — consisting of the upper-stage Starship spacecraft riding on top of the Super Heavy booster — departed from SpaceX's Starbase complex on […]

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Delhi tree felling case: SC raps DDA over road-widening bid, orders massive afforestation | India News

[ad_1] NEW DELHI: The Supreme Court on Wednesday rapped the Delhi Development Authority for illegal felling of trees in southern ridge of the national capital ordering a massive afforestation drive. It also asked each DDA official, except chairperson and vice-chairperson, responsible for felling trees without prior permission of SC to deposit a fine of Rs 25,000.Additionally, it asked the DDA to levy one-time fee on affluent residents of the area who were beneficiaries of widening of road.A bench led by Justice Surya Kant observed that while the case reflected gross contempt—with even the LG VK Saxena named as a contemnor over alleged illegal tree felling—the act was carried out with good intentions. As a result, the DDA has been directed to carry out extensive afforestation.In January, DDA had admitted to the SC that it had committed contempt by permitting the […]

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Ahead of NSE IPO nod, National Stock Exchange of India’s valuation surges 60% to $58 billion: Report

[ad_1] NSE shares have traded at prices up to Rs 2,000 ($23) recently, with demand significantly exceeding supply. (AI image) NSE IPO: The National Stock Exchange of India Ltd.'s valuation has reached $58 billion (Rs 5 lakh crore) in private markets, as anticipation builds for a potential listing of India's largest equity-derivatives exchange, according to individuals familiar with recent deals.The shares have traded at prices up to Rs 2,000 ($23) recently, with demand significantly exceeding supply. The exchange's valuation had previously increased twofold to approximately $36 billion by September.The unlisted shares have seen aggressive purchasing by institutional and high-net-worth investors, who expect an initial public offering possibly this year, two sources told Bloomberg.The valuation increase corresponds with NSE’s attempts to resolve an ongoing regulatory dispute with India's securities watchdog, which has delayed its listing aspirations for nearly ten years. At […]

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India-US discuss trade: Foreign secretary Vikram Misri meets under secretary Jeffrey Kessler | India News

[ad_1] Vikram Misri with Jeffrey Kessler (X@IndianEmbassyUS) Foreign secretary Vikram Misri on Tuesday met US under secretary Jeffrey Kessler to strengthen India-US cooperation in critical and emerging technologies. The two officials participated in discussions aimed at convening the India-US strategic trade dialogues early to deepen ties in the technology and trade sectors between the two countries. Sharing a post on X, the Indian Embassy in Washington wrote, "Foreign Secretary Vikram Misri met Under Secretary Jeffrey Kessler to advance India-US cooperation in critical and emerging technologies. They also discussed early convening of the India-US Strategic Trade Dialogue to deepen tech and trade collaboration."Vikram Misri is in the US from May 27 to 29 and is scheduled to visit top officials to advance bilateral collaboration. Misri’s visit to the US follows Prime Minister Narendra Modi’s two-day visit to the US earlier this […]

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Kidney Damage Symptoms: The 7 early signs and symptoms of kidney damage that are commonly ignored |

[ad_1] Kidney damage, especially in the initial stages, tends to occur insidiously without dramatical symptoms. This makes it important to catch the faint, early signs before the condition advances to chronic kidney disease (CKD), which can have devastating outcomes, such as kidney failure. As per the National Kidney Foundation and other valid health reports.Here are the first signs you can never ignore:Foamy or bubbly urineOne of the earliest indicators of kidney damage is persistent foam or bubbles in the urine. Proteinuria is the name given to this situation, and it means that filtering units in the kidneys—glomeruli—are permitting protein, like albumin, to pass into the urine. Normal kidneys usually do not permit a lot of protein through, so foaming visible to the naked eye is a warning indicator that should be checked out by a physician.Swelling in ankles, feet, or […]

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Anna University case verdict: Chennai court finds Gnanasekaran guilty in 11 offences including rape; sentencing on June 2 | Chennai News

[ad_1] A Gnanasekaran has been convicted on 11 charges, including rape, by the Chennai Mahila Court in the Anna University case. The survivor reported that Gnanasekaran threatened her and subsequently raped her on the university campus, recording the act on his mobile phone. CHENNAI: The Chennai Mahila Court on Wednesday declared A Gnanasekaran, the sole accused in the Anna University rape case, guilty of 11 charges, including rape. Mahila Court Judge M Rajalakshmi said that the details of the sentence will be pronounced on June 2.The issue pertains to a complaint lodged by the survivor at the Kotturpuram All Women Police Station (AWPS), alleging that Gnanasekaran threatened her when she was with a male friend on the university campus and then raped her. According to the prosecution, Gnanasekaran recorded the act on his mobile phone.The Madras high court constituted an […]

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ICE arrests 12 in Nantucket, Massachusetts; lawmaker slams ‘shameful’ political move

[ad_1] US immigration and customs enforcement (ICE) Several people were deported from Nantucket, Massachusetts, on Tuesday as part of an US immigration and customs enforcement (ICE) operation on the island.In a post on X, the department of homeland security said, “ICE is removing illegal aliens from ALL states, communities, and worksites across this country.” “If you are here illegally, use the CBP Home app to self-deport. If not, you will be arrested and deported without a chance to return,” it added.There was also a video that showed several people in life vests sitting on a US coast guard boat along with officers wearing what appeared to be bulletproof vests.The arrests come at a time when the Trump administration’s nationwide deportation efforts are facing major legal challenges.According to The Nantucket Current, at least 12 individuals were detained and removed from the […]

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