DEFENCE PRO
Want to balance risk-return now and not just focus on returns: Siddharth Vora
Other than valuations which seem to provide some sort of caution, volatility has come off very significantly post elections. All the macro data points around India are very robust. From a macro perspective, there are no major red flags. We are not seeing any major systemic risk for Indian equities as well andit is very clear that this is still a broad-based bull market, Siddharth Vora.
BJP government is running without numbers, claims TMC MP Abhishek Banerjee
Elected as the Lok Sabha Speaker, the proceedings highlighted the ruling party's numerical advantage as opposition requests for division vote were declined, showcasing a lack of strength. The appointment process proceeded smoothly with the support from key government figures.
"I don't have more to add..." White House refrains from commenting on Khalistani terrorist Pannun
The White House declined to comment on whether the plot to kill pro-Khalistani terrorist Gurpatwant Singh Pannun was discussed during National Security Adviser (NSA) Jake Sullivan's meetings in India. National Security Spokesperson John Kirby emphasized the focus on deepening US-India relations, particularly in emerging technology. Sullivan's visit to Delhi marked the first trip by a senior Biden Administration official after the Modi government's third-term victory. Meanwhile, Indian national Nikhil Gupta, extradited to the US, faces charges related to the alleged plot against Pannun.
Pakistan hikes defence budget by nearly 15 per cent in 2024-25
Pakistan announced a 15% increase in defence spending, reaching Rs 2,122 billion in the 2024-25 budget. Finance Minister Aurangzeb presented the budget in the National Assembly, the first under the PML-N and PPP coalition government.
Top leaders from Nepal, Maldives, Mauritius, Seychelles call on President Murmu
President Droupadi Murmu recently met with leaders from Nepal, Maldives, Mauritius, and Seychelles to discuss mutual development interests. During her meeting with Nepalese Prime Minister Pushpa Kamal Dahal 'Prachanda', she emphasized Nepal's significance as a priority partner under India's 'Neighbourhood First' policy. Discussions with Maldivian President Mohamed Muizzu focused on continuing the countries' strong bilateral cooperation. Murmu also highlighted the importance of India's partnership with Mauritius and reaffirmed support for Seychelles' development and security. The meetings aimed to strengthen ties and promote mutual growth and cooperation.
Indian women go down 2-4 to Germany, suffer seventh consecutive loss in FIH Pro League
The Indian women's hockey team suffered a seventh consecutive defeat in the FIH Pro League, losing 2-4 to Germany despite initially leading 2-0 with goals from Sunelita Toppo and Deepika. Germany came from the behind to win with goals from Viktoria Huse, Stinne Kurz, and Jule Bleuel. India previously lost to Belgium, Argentina, Germany, and Great Britain.
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Maldives and China discuss further bolstering defence ties
After Maldives and China signed a defence agreement on March 4, President Mohamed Muizzu, who is perceived to be pro-China, announced that Beijing would supply military equipment and train soldiers under the agreement but offered no details, the portal said. Two days later, Muizzu announced that the Maldives would get free "non-lethal" military equipment and training from China's military under the agreement and underlined that it would further strengthen the Indian Ocean island nation's independence and autonomy.
India's helicopters being flown with Maldives defence personnel onboard: media report
Weeks after India withdrew its military personnel from the Maldives, the two helicopters gifted by New Delhi are still operational, flown with a Maldives National Defence Force (MNDF) soldier on board. President Mohamed Muizzu, who pledged to remove Indian military presence, saw the repatriation of the last personnel by May 10. India replaced its military staff with civilians to continue operating the donated helicopters and Dornier aircraft, used for medical evacuations and humanitarian missions, maintaining defense ties despite local political changes.
Great opportunity for investors to build or reconstruct their portfolios: Sandeep Tandon
See, both manufacturing and defence in particular have been very expensive. If I have to say in any manufacturing space where is the biggest froth? Again, not in absolute terms but on relative basis, defence is the biggest froth which got built and is getting built for last many months now.
India thrash world champions Germany 3-0 in Pro League
India's strong performance led by Harmanpreet Singh secured a victory against Germany in the FIH Pro Hockey League London leg, positioning them well in the standings for upcoming matches against Great Britain and a rematch with Germany.
Joint military exercise 'Shakti': Indian, French armies share drills, expertise in jungle survival techniques
During the ongoing 7th edition of Joint Exercise Shakti, the Indian and French armies are sharing expertise in jungle survival and mountain self-preservation. The exercise, held biennially in India and France, focuses on enhancing joint military capabilities for multi-domain operations in sub-conventional scenarios. With tactical drills including response to terrorism and establishing command posts, Exercise Shakti aims to improve inter-operability and camaraderie between the armed forces of both nations, fostering bilateral relations.
Agniveers are not just soldiers but leaders, innovators and defenders: CDS Anil Chauhan
Chief of Defence Staff General Anil Chauhan visited Maratha Light Infantry Regimental Centre in Belagavi to address Agniveers, emphasizing the noble purpose of military service, the evolving nature of warfare including cyber warfare and Artificial Intelligence, technology integration, continuous learning, innovative approach towards combat, personal challenges faced by soldiers and families, hardships in challenging environments, and commitment made by Agniveers.
China criticises US in military unit's call with US defence official, says China ministry
China criticized the US during a video call between the Office for International Military Cooperation of the China Central Military Commission and the US Assistant Defense Secretary. The Chinese defense ministry stated that military "collusion" between the US and Taiwan, along with Taiwan pro-independence forces' "separatist" acts, are the main sources of chaos in the Taiwan Strait. Additionally, China accused the US of "meddling" in and "instigating" disputes in the South China Sea through proxies.
Slovakia's PM Robert Fico shot in assassination attempt, deputy says he is in 'very serious' condition
Slovak Prime Minister Robert Fico's condition has stabilised but remains "very serious" after being shot multiple times in a political assault. Surgeons performed a lengthy operation to save the 59-year-old leader, with officials expressing hope for his recovery. The attack, condemned globally, marks an unprecedented event in Slovakia.
Two dead, hundreds injured as riots sweep New Caledonia
Two people were killed and hundreds injured in New Caledonia during a second night of rioting, as anger over constitutional reforms from Paris boiled over. The violence began as pro-independence demonstrations and has spiraled into three days of the worst violence seen on the French Pacific archipelago since the 1980s. Despite heavily armed security forces fanning out across the capital Noumea and the ordering of a nighttime curfew, rioting continued overnight virtually unabated.
No unauthorised operation by Indian military pilots in Maldives: High Commission
India dismisses Maldivian Defence Minister's claim of unauthorized operation by Indian military helicopter pilots in 2019. Relations strained as President Mohamed Muizzu demanded withdrawal of Indian military troops by May 10. Defence Minister Ghassan highlighted an alleged unauthorized sortie incident during a press conference, mentioning an emergency landing at Thimarafushi.
Ukrainian strike on apartment block kills 15, Russia says
In one of the deadliest attacks to date on the region of Belgorod, Ukraine launched what Russian officials said was a massive missile attack, involving Tochka ballistic missiles and Adler and RM-70 Vampire (MLRS) multiple launch rocket systems.
Russia claims gains in ground offensive in Ukraine's Kharkiv region
Russia captures villages in Ukraine's Kharkiv region, prompting mass evacuations. Zelensky urges military aid amid ongoing conflict. Evacuees flee border areas as fighting intensifies. International support crucial for Ukraine's defense.
Maldives says 76 Indian military personnel replaced by civilians to operate 3 aviation platforms gifted by India
Minister Zameer stated Indian military personnel in Maldives were replaced by HAL civilian workers. This followed a New Delhi agreement meeting President Muizzu's pro-China demand. The shift of command to Maldivian authorities was confirmed.
Why Trudeau’s latest action could bolster anti-India elements in Canada
New Delhi has lodged a strong protest with Ottawa over the raising of pro-Khalistan slogans at an event attended by the Canadian PM. India has also called a US media report on its alleged involvement in a murder attempt on Khalistan separatist leader ‘unsubstantiated imputations’
New Delhi, Male review withdrawal of Indian military personnel from Maldives
India and the Maldives are transitioning Indian military personnel with civilians by May 10. The bilateral discussions involve various aspects such as defence cooperation, development projects, and trade initiatives, with ties facing challenges since President Muizzu's election.
Pro-Palestinian protests sweep US college campuses following mass arrests at Columbia
Columbia University in New York City, Yale University, and Harvard University have all been at the center of escalating tensions surrounding the conflict between Israel and Hamas. Following the arrest of over 100 pro-Palestinian demonstrators at Columbia last week, the university decided to cancel in-person classes as a precautionary measure. At Yale, around 45 protesters were arrested for trespassing after setting up tents on campus and calling for divestment from defense companies doing business with Israel.
Maldives government says it will not reveal agreement with India about troop repatriation: Report
The Maldives government has decided not to disclose details of the agreement signed with India for replacing the 88 Indian military personnel stationed in the country. The first batch of about 25 Indian military personnel stationed in the Maldives, manning a helicopter gifted by India, left the island nation after handing over operations to an Indian civilian crew. Maldives President Mohamed Muizzu, considered pro-China, has affirmed that no Indian military personnel, including those in civilian clothing, will remain in the country after May 10. The agreement, progressing under Muizzu's administration, is kept confidential under the Right to Information Act.
First team of Indian military personnel back in India from Maldives: MEA
Indian military team in Maldives replaced by civilians by March 10 deadline. Core group discussed extending deadline to May 10. Ties with Maldives strained under President Muizzu's pro-China leadership.
Indian drone manufacturer IdeaForge enters US market
Indian drone manufacturer IdeaForge is entering the US market as the country shows reluctance to buy Chinese-made drones. IdeaForge CEO Ankit Mehta said the Indian drone industry has grown rapidly in the last decade, with the pandemic accelerating adoption and regulatory support. Mehta highlighted the unique capabilities of Indian drones, such as operating in extreme altitudes and temperatures.
Focus on pro-poor work: PM Modi's poll mantra
He also advised party workers to build the general election campaign around the BJP's pro-poor work and the country's development, saying the opposition could try and raise "unnecessary emotional issues". He reiterated the BJP's target of winning 370 seats in the upcoming Lok Sabha election.
Mild blast reported near Army base in Assam's Jorhat
The blast, reported by ANI and confirmed by Defence PRO shook the air near the gate of the military station.
India apprises its concern to US on activities of pro-Khalistani elements in Canada
The American delegation at the '2+2' ministerial dialogue talks was led by US Secretary of State Antony Blinken and US Defence Secretary Lloyd Austin while External Affairs Minister S Jaishankar and Defence Minister Rajnath Singh headed the Indian side.
IS attacks kill 30 pro-government forces in Syria: monitor
Islamic State group attacks killed at least 30 pro-government forces and soldiers in the Syrian desert, a war monitor said Wednesday, in one of the deadliest such assaults this year. The Britain-based Syrian Observatory for Human Rights said there had been "30 dead, four of them soldiers and 26 from the National Defence Forces, in simultaneous attacks carried out by the Islamic State group on Wednesday morning on checkpoints and military positions" in the Syrian desert.
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