DESERT SECTOR
BSF tirelessly fulfilling its duties: Vice president Jagdeep Dhankhar
Vice President Jagdeep Dhankhar praised the bravery and dedication of BSF troops during a function in Rajasthan. He commended their relentless efforts in harsh border conditions, from the Himalayas to the Thar desert and beyond. Dhankhar highlighted India's defense self-sufficiency and credited the BSF for maintaining peace on the borders, contributing to global peace.
Pressed for space, solar farms are getting creative
Solar needs a lot of space. Powering just one megawatt of capacity requires at least five acres, meaning a 200-megawatt project (roughly 3,000 panels) takes up as much space as 550 American football fields.
India to develop engine for new Arjun tanks
India is now planning to go for developing an indigenous power plant for Arjun Mark 1A tanks as the German engines used for powering the indigenous tanks are likely to be delayed.
Domestic tourism in Rajasthan up 12 times since 2020, foreigners' numbers see huge spike
A total of 32.44 crore domestic tourists visited Rajasthan from January 2020 to December 2023. On the other hand, over 22.20 lakh foreign tourists visited the desert state to witness its historical heritage during the same period.
JSW Group announces entry into defence sector; to focus on domestic, overseas markets
Indian conglomerate JSW Group enters defence sector with new business vertical, JSW Defence, focusing on domestic and overseas markets. JSW Defence aims to supply equipment to Indian Armed Forces, become a global player, and contribute to India's ambition of being a USD 5 billion defence export economy. JSW Defence acquires majority stake in Gecko Motors, renamed as JSW Gecko, and secures Rs 250 crore order from defence ministry for supply of 96 ATOR N1200 specialist mobility vehicles. JSW Group partners with UK-based Copato for joint venture and technology supply license agreement to manufacture specialist mobility vehicles in India.
'Wanted to serve the nation': In Rajasthan's desert, women part of BSF team that guards border
Guarding the border in the desert's extreme weather conditions is a tough job but these women perform it with equal dedication, discipline and efficiency, a BSF official said.
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BSF guards endure 55 deg C, blinding sandstorms in Rajasthan desert to protect Pak border
Sam (Rajasthan): From enduring scorching temperatures of 55 degrees Celsius in summer to freezing winters at zero degrees Celsius, BSF personnel stationed along the Indo-Pakistan border in Rajasthan's Jaisalmer district face numerous challenges. Blinding sandstorms force them to switch from SUVs to camels for patrolling, making it vital for them to learn how to ride these animals. Commandant Manjit Singh emphasized the importance of maintaining strict vigilance along the 464 km-long boundary to prevent intrusion or drug trafficking. The extreme weather conditions necessitate an acclimatization process for the troops, and there are plans to introduce "cool jackets" to help combat the high temperatures.
Pakistan Army acquires desert land three times size of Delhi to grow fruits and vegetables
Pakistan's military is venturing into agriculture to address the country's economic struggles. Through a food security initiative, the military will cultivate government-owned lands to produce food for the impoverished masses. They plan to acquire 1 million acres of land in Punjab province, with the aim of increasing crop yields and efficient water usage.
Essar Group and Desert Technologies sign MoU for renewable energy solutions
Desert Technologies (DT) and Essar Group have signed an MOU to develop renewable energy solutions for Essar Group's Green Steel Arabia project in Saudi Arabia. The partnership aims to develop renewable energy generation and storage solutions for Essar's Flat Steel Complex and explore opportunities for other potential projects.
Govt should make law for mandatory paternity leave, including private sector: High Court
The Madras High Court has emphasized the need for a legal framework to ensure mandatory paternity leave for both biological and adoptive fathers. The court overturned a desertion order against a police inspector who had requested leave to support his wife during childbirth. The court highlighted the importance of fathers in parenting and noted that many countries have legislation supporting maternity and paternity leave.
As Asian airlines soar, luggage concerns cast dark clouds
As Asia's aviation sector witnesses remarkable financial performances, airlines need to reconsider their luggage policies as a key strategy to secure returnee customers. Due to the pandemic, passenger demand reduced drastically, giving rise to a surge in cargo demand. However, this cargo demand is now falling, and airlines are using the empty cargo space as an opportunity to increase passenger luggage allowances
After strong re-rating, 4 stocks from 2 sectors turn outperformers. What's in store ahead?
After witnessing a strong re-rating for 5 years, companies with strong brands in different sectors, still coming under the umbrella of consumer space have witnessed a consolidation. Even in the current bull run they have not performed as well as they used to do in the past as they were leading the bull run. Is the period of consolidation over ?
Deal Street deserted amid global woes
The PE (private equity) landscape recorded 84 deals, raising $3. 9 billion in May this year. The startup sector continued to dominate deal activity, accounting for 55% of total PE deal volumes.
Satellites could beam poorest nations out of digital desert
Tech giants including Microsoft have pledged to help populations hobbled by poor internet services to "leapfrog" into an era of online connectivity, with satellites set to play a key role as rival firms send thousands of new generation transmitters into low level orbit.
FPIs' exodus continues; take out Rs 9,600 cr from equities in Feb
One of the prominent reasons for this net outflow is higher valuation of Indian equities as against some of the other comparable markets. This has resulted in investments flowing out of Indian markets to other comparable markets such as Taiwan, South Korea, Japan among others, Srivastava said
Banking sector will continue to do well: Gautam Duggad
So it is our base case that this sector will continue to do well and it is amply reflected in our model portfolio where PSU banks have been the single largest overweight for us for more than a year running now.
Suits & Sayings: This 69-yr-old multibillionaire’s magic formula is yogurt & sugar; boss buys Dubai villa during company’s massive cull
ET’s weekly roundup of the wackiest whispers and murmurs in corporate corridors & policy parlours.
India an oasis in a global desert? Nilesh Shah on what will drive market for next 3-5 years
“I believe there is a renaissance coming in India’s manufacturing sector. We have become back office to the world and in certain select manufacturing sectors like automobiles and generic pharma, we are globally competitive. We believe now this is likely to get extended into many other sectors. The primary driver will be growth in the domestic market.”
Indian defence sector scales newer heights with latest technology
The Indian Army is planning to procure approximate quantity 800 Light Armoured Multipurpose Vehicle (LAMV) for Mechanised Infantry and Armoured Corps. The LAMV is planned to be procured in sync with 'Make in India' and 'Atmanirbhar Bharat' initiative.
View: Global giants like Holcim deserting emerging markets to hit green goals isn't going to help the world
It would seem an odd time, therefore, for a major cement company to abandon the giant country. Yet that’s apparently what Holcim AG of Switzerland, the world’s biggest producer of cement, is planning to do.
India, France agree on deeper French involvement in 'Atmanirbhar Bharat' efforts in defence sector
A joint statement issued after Prime Minister Narendra Modi met French President Emmanuel Macron here on Wednesday underscored that the long-standing armament cooperation is testimony to the mutual trust between the two countries.
Tata chief N Chandrasekaran's desert safari looks at newer strategic alliances
ADQ, Mubadala make investments in Tata Motors EV & renewables biz, Taj, Vistara, Air India plan mega expansion, manufacturing alliances likely on cards.
Greening deserts: India powers renewable ambitions with solar push
Currently, coal powers 70 percent of the nation's electricity generation, but Indian Prime Minister Narendra Modi has pledged that by 2030, India will produce more energy through solar and other renewables than its entire grid now. This pursuit of a greener future is fuelled by necessity.
Indian stock investors find oasis in insurance in a perilous desert
Heavy buying over the past few weeks have turned most of these stocks pricey.
The reality behind India-Saudi Arabia's growing ties
Pragmatism dictates India-Saudi ties. While Delhi needs investment and oil, Riyadh needs new partners.
Strong forces using UN as instrument: PM Narendra Modi
Modi, who earlier delivered the keynote address at the high-profile Future Investment Initiative (FII), dubbed as "Davos in the desert", said a body like the UN should not merely be an institution but also an instrument for positive change.
India signs deal with Saudi Arabia for strategic oil reserves & retail matters
Saudi Arabia has also expressed interest in picking up the government’s stake in BPCL, official sources said. Sources said Aramco is currently evaluating its Indian investments and views buying out BPCL as a good opportunity.
India to spend $100 billion on energy infra, says PM inviting Saudi investment
Transformative technologies like Artificial Intelligence, NLP and robotics are bringing about fundamental changes in our lives. We must adopt to these technological changes and use it for the advancement of human population, said PM Modi.
PM Narendra Modi calls on Saudi King Salman, meets top ministers to deepen bilateral ties
This is his second visit to the Gulf Kingdom. During his first visit in 2016, King Salman conferred Saudi's highest civilian award on him. The Crown Prince visited India in February 2019, giving a further fillip to the bilateral ties.
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