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    India needs 1 million high-tech engineers as economy expands

    India’s $250 billion tech sector plays an important role in the economy, employing about 5.4 million people. Tech services make up about 7.5% of the country’s $3 trillion-plus gross domestic product.

    Bengaluru office stock set to touch 330-340 mn. sq. ft. by 2030, highest in India

    Bengaluru, leading India's office space to 330-340 million sq. ft. by 2030, shows a 41% GCC leasing share. Main areas include ORR, Whitefield, and North Bengaluru, with 15-16 mn sq. ft. annual absorption and competitive rents. The city’s ease of doing business and sector diversification like retail and aerospace boost its growth.

    Kathua Attack: Five slain soldiers hailed from Uttarakhand, CM Dhami pays tributes

    The attack occurred on the Machedi-Kindli-Malhar road in a remote area, approximately 150 km from Kathua town, at around 3:30 pm. Elite para commandos have been deployed on the ground, engaging in intermittent exchanges of fire as the operation continues. Notably, this incident coincided with the 8th death anniversary of Hizbul Mujahideen commander Burhan Wani, adding a sombre context to the situation.

    Uptick in IT hiring; ex-bureaucrat turns VC

    Happy Monday! IT hiring has shown a glimmer of hope in Q1. This and more in today’s ETtech Morning Dispatch.

    President Murmu confers 10 Kirti Chakras, 26 Shaurya Chakras

    President Droupadi Murmu confers gallantry awards to 10 individuals with 7 posthumously receiving the Kirti Chakra, India's second-highest peacetime gallantry award. Additionally, 26 Shaurya Chakras, including 7 posthumously, were presented during the ceremony at Rashtrapati Bhavan. The recipients, including personnel from the Army, paramilitary forces, and state/Union Territory police, were recognized for their courageous acts and devotion to duty.

    India-Mongolia joint miltary exercise 'Nomadic Elephant' begins

    The joint military exercise 'Nomadic Elephant' between India and Mongolia kicked off in Umroi, Meghalaya, to enhance military capabilities for counter-insurgency missions under UN mandate. The 16th edition involves a 45-member Indian contingent from Sikkim Scouts Battalion and personnel from other services, alongside the Mongolian 150 Quick Reaction Force Battalion. The exercise, focusing on semi-urban and mountainous terrains, includes tactical drills like response to terrorist actions and cordon and search operations, aiming to share best practices in joint operations.

    • Lt Gen NS Raja Subramani assumes charge as Vice Chief of Army Staff

      Lt Gen NS Raja Subramani has been appointed as the new Vice Chief of the Army Staff, succeeding Gen Upendra Dwivedi. With over 37 years of military experience, Subramani has held various positions, including a brigade major, assistant military secretary, Colonel General Staff, and deputy director general of Military Intelligence.

      Who is Lt Gen Upendra Dwivedi? Here is all you need to know about the new Indian Army Chief

      Lt Gen Upendra Dwivedi, the new Indian Army Chief, brings a wealth of experience and accolades to his role. With a strong background in military education and a supportive family, he is well-prepared to lead the army and continue his legacy of service.

      Lt Gen Upendra Dwivedi takes over as Indian Army Chief; Gen Manoj Pande accorded with Guard of Honour on last day

      General Upendra Dwivedi assumed command of the Indian Army on Sunday, becoming the 30th Chief of the Army. Hailing from Madhya Pradesh, he is a veteran of the Jammu and Kashmir Rifles and previously served as the Vice Chief of Army Staff from February of the same year. General Dwivedi attended Sainik School Rewa in Madhya Pradesh before joining the National Defence Academy in January 1981. He was commissioned into the 18th Battalion of the Jammu and Kashmir Rifles on December 15, 1984. Throughout his career, he has commanded this battalion in both the challenging terrains of Kashmir valley and the deserts of Rajasthan.

      Lt Gen Upendra Dwivedi to take over as Indian Army Chief on June 30

      Lieutenant General Upendra Dwivedi will become the 30th Chief of the Indian Army, succeeding Gen Manoj Pande, who completed his 26-month tenure. Dwivedi has served as the Northern Army Commander, gaining experience in the military standoff on the Ladakh Frontier. Born on July 1, 1964, he has served in various commands, staff, and foreign appointments.

      In a first, two ex-Chinese defence ministers to be tried for corruption; Expelled from Communist Party

      Li, who went missing last year following an investigation into alleged corrupt practices, was expelled from the party on Thursday for serious violation of Party discipline and the law, the state-run Xinhua news agency reported. A similar announcement said Wei too was expelled from the party and to be prosecuted. Wei served as Defence Minister from 2018-23 and Li barely served a few months as his successor.

      Amazon Pay India top up; GST summons for egaming firms

      Amazon has pumped Rs 600 crore in its local fintech unit Amazon Pay India. This and more today’s ETtech Top 5.

      Lt Gen NS Raja Subramani to be next Vice Chief of Army Staff

      Lt Gen NS Raja Subramani is set to be the next Vice Chief of Army Staff succeeding Lt Gen Upendra Dwivedi, following the government's clearance of his appointment.

      Shunned by West, Russian army deserters live in fear

      Russian authorities have opened a criminal case against Ziganshin for abandoning his unit. He does not feel safe in Kazakhstan and fears he might be deported to Russia. But it is hard for men like him to seek refuge in the West because many Russian servicemen do not have the Russian passport that allows travel to Europe and only have documents that permit them to reach neighbours such as Kazakhstan or Armenia.

      Fortifying the Forces: Agnipath scheme may see significant changes following Army survey

      The Indian Army is set to implement major changes to the Agniveer scheme following feedback from an internal survey. These changes include extending the service tenure from four to eight years, increasing the retention rate of Agniveers to 60-70%, and raising the induction age for technical services to 23 years. The modifications aim to address concerns about inadequate expertise and improve the scheme’s effectiveness. The proposals will be reviewed by the Prime Minister's Office, with final decisions expected soon.

      Centre appoints Lt Gen Upendra Dwivedi as next Chief of Army Staff after Manoj Pande

      As Manoj Pande's tenure nears its conclusion, the Centre has announced the appointment of Lt Gen Upendra Dwivedi, PVSM, AVSM, currently serving as the Vice Chief of the Army Staff, as the next Chief of the Army Staff effective from the afternoon of June 30, 2024. According to the official statement, Lt Gen Dwivedi's distinguished career includes commanding roles in various capacities, such as Command of Regiment (18 Jammu & Kashmir Rifles), Brigade (26 Sector Assam Rifles), DIG of Assam Rifles (East), and 9 Corps. Additionally, he has been honored with the Param Vishisht Seva Medal (PVSM), Ati Vishisht Seva Medal (AVSM), and has received three GOC-in-C Commendation Cards.

      Japan's economy is shrinking, although slightly less than previously thought

      Japan GDP growth: Revised government data shows Japan's economy shrank at an annual rate of 1.8%, an improvement from the initial estimate of 2.0%. Private sector investments were revised to minus 0.4%. Weak consumer spending, a depreciating yen, and a scandal involving improper vehicle tests at major automakers are among the challenges faced. The Bank of Japan's next move is closely watched.

      HSBC cuts Elastic Run valuation; Hero MotoCorp doubles down on Ather

      HSBC has cut its valuation estimate for B2B ecommerce firm Elastic Run by nearly half, bringing it under $1 billion. More on this in today’s ETtech Top 5.

      Over 400 Agniveer recruits join army at passing out parade in Ladakh

      'Gaurav Padak' was presented to the proud parents whose wards have joined the regiment as Agniveers, the spokesperson said, adding that it was indeed a proud moment for the kin of the recruits, who had arrived from far flung areas to witness the grand ceremony. In his address to the young recruits, Maj Gen Singh congratulated them for the impressive parade and urged them to devote their life in service to the nation, as proud soldiers of the Army.

      In rare move, govt extends tenure of Army Chief Gen Manoj Pande by one month

      Gen Manoj Pande was commissioned in December 1982 in the Corps of Engineers (The Bombay Sappers). He held the post of Vice Chief of the Army Staff before taking over the reins of the 1.2 million-strong force in April 2022.

      Xi Jinping's recipe for total control: An army of eyes and ears

      A police officer in a Beijing apartment complex uses a color-coded system to identify high-risk residents. Xi Jinping aims for pervasive surveillance in China, expanding control and embedding the party in daily life.

      China's third aircraft carrier heads to sea for the first time

      China's third aircraft carrier, Fujian, showcases advanced technology with catapults for aircraft, aiming for a fleet of six carriers for operational maturity. Collin Koh highlights the strategic plan for China's carrier fleet expansion, emphasizing the significance of Type 003 carriers.

      A brief history of the 2,000-pound Mark 80 bombs central to U.S.-Israeli tensions

      The Mark 84 is a 2,000-pound bomb, part of the Pentagon's Mark 80 series. President Biden delayed a shipment to Israel of these bombs amid concerns over their use in Gaza, where civilian casualties have occurred. Israel mainly acquires these bombs from the United States.

      Pak Army chief says there will be 'no compromise' with May 9, 2023, attack planners

      The Chief of Army Staff of Pakistan, General Syed Asim Munir, has strongly condemned the attacks on military establishments that occurred on May 9, 2023, calling it a 'dark chapter in our history.' He emphasized that there can be no compromise with the planners and architects of these attacks, terming them 'deliberately indoctrinated and insidiously guided miscreants.' General Munir stated that those responsible for orchestrating violence and attacking the symbols of the state will be held accountable, especially if there is undeniable proof of their involvement.

      Army, IAF conduct joint exercise at multiple locations in Punjab

      Indian Army's Kharga Corps and the Indian Air Force (IAF) conducted a three-day joint exercise in Punjab to validate the use of attack helicopters for mechanised operations. The exercise involved Apache and ALH-WSI helicopters, Unarmed Aerial Vehicles, and special forces of the Indian Army. The exercise aimed to validate force multipliers and ground offensives.

      Army Medical Corps endeavours to set benchmark in professionalism, courage beyond call of duty

      The Army Medical Corps celebrated its 260th raising day, highlighting its 260 years of service to the nation. The Corps has been a symbol of professionalism, courage, and compassion, providing optimal combat medical care and setting high standards in both peace and wartime. The event, attended by top military officials and veterans, honored the Corps' achievements and its motto of 'Sarve Santu Niramaya' (let all be free from disease). The Corps has excelled in UN peacekeeping missions and humanitarian assistance and disaster relief (HADR) efforts, showcasing its commitment to 'Swastha Bharat, Viksit Bharat' (Healthy India, Developed India).

      PM Modi to witness tri-service exercise 'Bharat Shakti' in Pokhran today

      PM Modi will witness 'Bharat Shakti', a defense demonstration showcasing indigenous capabilities, in Rajasthan's Pokhran on March 12. This includes a tri-services live fire and maneuvers. He will also visit Gujarat to launch projects worth over Rs 85,000 crore and flag off new Vande Bharat trains. Inaugurations include Gati Shakti multi-modal cargo terminals, rail coach restaurants, and 50 'Pradhan Mantri Bhartiya Janaushadhi Kendras'. Modi will also inaugurate the redeveloped Kochrab Ashram, showcasing Gandhian values.

      Army officer kidnapped in Manipur, fourth such incident since conflict began

      A Junior Commissioned Officer (JCO) of the Army, Konsam Kheda Singh, was kidnapped from his home in Manipur's Thoubal district by unknown individuals, marking the fourth such incident since the conflict in Manipur began. The reason for the abduction is not yet known, but it is suspected to be related to extortion. Security agencies have initiated a coordinated search operation to rescue the JCO, conducting checks on vehicles along National Highway 102.

      The many political cloaks of Pakistan Army

      Pakistan's military, fearing unrest, seeks to control election outcomes, sidelining ex-PM Imran Khan. Khan, jailed on various charges, is barred from elections. The military plans a hybrid regime, where it pulls strings behind a weak political façade. This approach aims to pre-determine outcomes, reminiscent of past failed attempts. Global allies - the US, China, and Saudi Arabia - seemingly align against Khan, making rival Nawaz Sharif a potential acceptable choice. This tactic, however, limits civilian leaders' policy-making abilities and poses risks to regional relations.

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