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MoD inks Rs 858 crore contracts for Tunguska Air Defence Missile System and Inspection (Depot Level) of P8I Aircraft NEW DELHI: The defence ministry on Friday signed a deal for the procurement of Tunguska air defence missile systems from Russia and another contract for maintenance of its P8I long-range maritime reconnaissance aircraft fleet with Boeing…

NEW DELHI: Govt on Friday moved a fresh bill to decriminalise provisions across 79 central laws as part of its efforts to make life simpler for businesses and individuals.Govt officials said along with amendments to the Companies Act, which are currently pending in Parliament, as well as the new income tax law, the overall decriminalisation…

NEW DELHI: Home minister Amit Shah on Friday said a group of foreigners — including one American citizen and six Ukrainians — arrested recently by NIA from Kolkata, Lucknow and Delhi did not pose any threat to India, but were trying to use the country as a transit point to Myanmar for terror training.“They were…

MUMBAI: The govt on Friday said that it plans to borrow Rs 8.2 lakh crore between April and Sept this year under its Budget-approved borrowing programme, roughly half of the Rs 16.2 lakh crore in total. The borrowing for the first half of fiscal 2027 would be spread over 26 weekly auctions with about 25%…

NEW DELHI: Pilots flying VVIPs, including Z-plus category SPG protectees, Lok Sabha speaker, Rajya Sabha deputy chairperson, cabinet ministers, Chief Justice of India, CMs and governors have now been empowered to put their foot down and refuse to fly if it is not safe to do so for any reason.Following the death of Maharashtra deputy…

MUMBAI/BENGALURU: The restaurant industry is struggling to run regular operations due to the meagre supplies of LPG cylinders . With the govt’s move to hike commercial LPG allocation to up to 70%, it will take some time before the measure actually translates into sustained supply, executives said. “Supply is still hugely limited and erratic. A…

NEW DELHI: Enforcement Directorate has filed a prosecution complaint (chargesheet) before a special court here against Punit Garg, a close associate of Anil Ambani, in a money laundering probe against Reliance Communications (RCom).RCom, Ambani, his close associates and some family members are under investigation in the purchase and sale of an apartment worth over Rs…

KOLKATA: West Bengal’s second supplementary voters’ list was published around 11pm Friday, albeit with little clarity on how many among the 12 lakh names on it had cleared judicial scrutiny.As was the case when Election Commission released the first supplementary rolls close to midnight last Monday, there were more questions than CEO Manoj Agarwal had…

Shares of Reliance Industries Ltd (RIL) fell more than 4% on Friday after the government reintroduced windfall taxes on diesel and aviation turbine fuel (ATF) exports, eroding over Rs 82,000 crore from the company’s market capitalisation in intra-day trade.At 3:30 pm, shares of Reliance Industries Ltd were trading at Rs 1,350.80, down Rs 62.30 or…

NEW DELHI: Indian seafarers navigating Strait of Hormuz are grappling with GPS disruptions, warnings of underwater mines and the absence of a clear navigation authority.Ships in the region are reporting repeated radio broadcasts over maritime channels warning vessels against transit. “Attention all ships… This is the Sepah Navy… navigation through Strait of Hormuz is forbidden……