Indian assistance not charitable donations in Sr Lanka crisis: Wickremesinghe

COLOMBO: Sri Lanka’s Prime Minister Ranil Wickremesinghe on Wednesday told Parliament that financial assistance provided by India are not “charitable donations” and the island nation facing severe economic crisis must have a plan to repay these loans. Sri Lanka has been facing the worst economic crisis since independence in 1948 which has prompted an acute […]

Elon Musk’s $44 billion Twitter deal gets board endorsement

NEW DELHI: Twitter’s board has recommended unanimously that shareholders approve the proposed $44 billion sale of the company to billionaire and Tesla CEO Elon Musk, according to a regulatory filing Tuesday. Musk reiterated his desire to move forward with the acquisition last week during a virtual meeting with Twitter employees, though shares of Twitter remain […]

CCEA approves Minimum Support Prices for Kharif Crops for Marketing Season 2022-23

NEW DELHI: The Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister Shri Narendra Modi, has approved the increase in the Minimum Support Prices (MSP) for all mandated Kharif Crops for Marketing Season 2022-23. Government has increased the MSP of Kharif Crops for Marketing Season 2022-23, to ensure remunerative prices to the growers […]

India, Vietnam ink MoU on logistics support as Rajnath Singh hold talks

NEW DELHI: India and Vietnam on Tuesday signed an MoU on mutual logistics support, the first such major agreement Hanoi has inked with any country towards simplifying procedures for mutually-beneficial logistic support as Defence Minister Rajnath Singh held wide-ranging discussions with General Phan Van Giang on “effective and practical initiatives” to further bolster defence engagements. […]

India approves procurement of military equipment, platforms worth Rs 76,390

NEW DELHI: In a significant move to boost self-reliance in defence manufacturing, the government of India on Monday approved the procurement of military equipment and platforms worth Rs 76,390 crore from domestic industries to enhance India’s overall combat capabilities. The Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, cleared the procurement of next-generation […]

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