INDIAN SECURITY
Indian Army ready to face all challenges: Gen Upendra Dwivedi
Newly-appointed Army Chief Gen Upendra Dwivedi assured that the Indian Army is ready to face all current and future security challenges. He emphasized the importance of synergy among the Army, Navy, and Air Force, aiming to protect national interests and boost self-reliance through indigenously-built military hardware. Gen Dwivedi, who assumed charge of the 1.3 million-strong force after serving as Vice Chief and commanding Northern Command, stressed operational preparedness amid ongoing border tensions with China in eastern Ladakh. An alumnus of Sainik School, Rewa, he has extensive experience across various operational environments.
007 Effect! JPMorgan bond inclusion can attract $2-3 billion monthly FII inflows into India
Since October 2023, non-residents have invested nearly $15 billion in Indian government bonds, including $5 billion through USD-settled, INR-denominated supranational bonds. Starting from Friday, passive fund inclusion will begin at a rate of 1% per month, leading to total inflows of $25-30 billion by the time full weightage is reached.
Deputy NSA Vikram Misri named next Foreign Secretary
Vikram Misri, a 1989 IFS batch officer, appointed as Foreign Secretary from July 15, succeeding Vinay Mohan Kwatra. The Personnel Ministry, Appointments Committee of the Cabinet, and National Security Council Secretariat approved his appointment, following Vinay Mohan Kwatra's extension.
Coal India, South Indian Bank among 17 deep value stock ideas from ICICI Securities
Domestic brokerage firm ICICI Securities has listed 17 stock ideas, categorizing them as deep value stocks, stating that the proportion of ‘investable value stocks within large-caps remained steady while the same has been diminishing to historical lows within mid and small-caps.
Indian financial services sector is experiencing a significant upswing: Inventure Growth & Securities’ Kanji B Rita
India's financial services sector is poised for sustained growth. By leveraging the demographic advantage, embracing technological advancements, and prioritizing financial inclusion, a robust and inclusive financial ecosystem can be built, says Inventure Growth’s Kanji B Rita.
US proposes plan to scrap additional security checks for Indians at transit points
US and India collaborate to enhance aviation safety through streamlined security processes, improved passenger flow, and ongoing information exchange. The one-stop security concept offers benefits like enhanced safety, reduced costs, and shorter connection times, emphasizing proactive risk mitigation and continuous safety improvements.
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Chief of Air Staff urges prioritisation of modernisation for India's armed forces
Chief of Air Staff Air Chief Marshal VR Chaudhari emphasized the critical need for India to invest in modernizing its armed forces amid evolving security challenges during the Capstone Seminar organized by the Indian Air Force, the College of Air Warfare, and the Centre for Air Power Studies. He highlighted India's strategic culture, the importance of strategic partnerships, boosting indigenous defense production, and adopting a comprehensive approach to security in facing multifaceted challenges.
Experts weigh in with 'infra for online exams', UPSC model
Experts suggest building an online infrastructure and examining the model of the Union Public Service Commission (UPSC) for conducting prelims and mains examinations. They suggest using artificial intelligence and question banks to reduce the chances of leakage. Former UPSC chairman Deepak Gupta emphasized the importance of assessing medical fraternity members who focus on multiple choice questions.
Estonia promotes tech sharing, joint production with Indian defence companies
NATO member Estonia, known for its expertise in IT and cyber security, is seeking closer cooperation with India to jointly develop defence technology. Indian companies are invited to partner with Estonian startups and tech players to explore specific areas of interest.
From icy peaks to naval decks: Indian Army and Navy stretch out from Ladakh to the seas on International Yoga Day
International Yoga Day: Indian Army personnel practiced yoga in the icy northern frontier, while sailors on the INS Vikramaditya participated in a morning session. Additionally, Army troops performed yoga in Eastern Ladakh, and the Indo-Tibetan Border Police held a session in Muguthang Sub Sector, Sikkim, over 15,000 feet high.
BSF apprehends Pakistani man for trying to sneak into India via Gujarat
The Pakistani national is being interrogated, the BSF said in an official statement by the BSF after the detention. The man has been identified as 30-year-old Afzal, a resident of Sialkot in Pakistan.
Telecom industry AGR in FYQ4 grew 1.9% on-quarter, Airtel narrows RMS gap with Jio: ICICI Securities
The report said that Bharti Airtel has been continuously narrowing its market share gap with Reliance Jio. Bharti Airtel’s revenue market share rose to 37.9%, up 35 basis points (bps) sequentially and 139 bps on year, in the fiscal fourth quarter. This compared with Reliance Jio’s AGR of 42.1% in FYQ4, up 3 bps and 49 bps on year.
Bandipora encounter: Slain terrorist was active since 2018
Security forces in Jammu and Kashmir's Bandipora district successfully neutralized Umar Lone, a category 'A' terrorist affiliated with the Lashkar-e-Taiba (LeT) outfit. Lone, active since 2018, was involved in various militant activities including recruitment, illegal killings, and expanding the over ground worker (OGW) network. The operation, based on specific intelligence inputs, resulted in Lone's elimination, marking a significant achievement for the forces. Security forces remain committed to maintaining peace and stability in Kashmir, continuing their efforts to dismantle the terror ecosystem in the region.
Terrorist killed in encounter with security forces in J-K's Bandipora
A terrorist was killed in a gunfight with security forces in the Aragam area of Bandipora district, Jammu and Kashmir. The encounter began after security forces launched a cordon and search operation based on intelligence about terrorist presence. The operation, a joint effort by the Indian Army and Jammu and Kashmir Police, is ongoing. The identity of the slain terrorist is yet to be determined.
Pakistan's ISI honey traps get hyperactive on Indian social media
Pakistan's ISI has been luring Indian defence officials through spies posing as attractive women, with cases like Nishant Agrawal's leak of military secrets to Pakistan coming to light. Pankaj Awasthi, an Uttar Pradesh ATS officer, revealed during Agrawal's trial that 'Sejal' from Pakistan recruited Agrawal through social media, leading to the theft of classified information.
CDS General Anil Chauhan visits Jammu, holds security review
A series of security review meetings have been held at various levels to further chart out a strategy to deal with growing terrorism in the Jammu region with a strong arm.
Four arrested under NSA for throwing cow head inside temple in Madhya Pradesh
Four individuals in Jaora, Madhya Pradesh, were arrested under the National Security Act (NSA) for throwing a severed cow head onto a temple premises, inciting community unrest. Authorities acted swiftly, preventing a flare-up and increasing security. Community protests and calls for peace followed, with local leaders and officials working to maintain order.
Visakhapatnam: Rajnath Singh to review preparedness of Indian Navy's Eastern Fleet
Defence Minister Rajnath Singh arrived in Visakhapatnam to review the Indian Navy's Eastern Fleet's preparedness. He shared his visit on social media and received a Guard of Honour at INS Dega. Singh held a meeting with top defence officials to discuss the Ministry's '100-day Action Plan' focused on ex-servicemen welfare. Singh reiterated the government's commitment to developing a strong, self-reliant defence sector, aiming to boost defence exports to Rs 50,000 crore in five years.
Home loan interest rates June 2024: These banks offer cheapest interest rates for home loans above Rs 75 lakh
Home loan interest rates June 2024: A home loan is a secured loan for a borrower to buy a home. The loan amount is repaid via equated monthly installments (EMI). Here is a list of banks offering the best home loan interest rates for loans above Rs 75 Lakh.
Stocks to buy after Lok Sabha Elections Results 2024: 5 stocks with up to 23.2% upside potential
While the 4 June crash eroded investor wealth, it may have eased stretched valuations. Experts believe the BJP-NDA government’s economic agenda will largely remain unchanged, though some priorities will be adjusted. Even before the election-induced jolts, the markets had been witnessing volatility. To counter the near-term shocks, invest in companies that have shown stability in the past.
Adani to invest over $1 bn in Sri Lankan wind projects
Adani Group plans to invest over USD 1 billion in setting up projects in Sri Lanka through Adani Green Energy Ltd. The projects include two wind farms in Sri Lanka's Mannar town and Pooneryn village with a total capacity of 484 megawatts.
India and Oman strengthen maritime defence relations through Staff Talks
The 6th edition of Staff Talks between the Indian Navy and the Royal Navy of Oman took place from June 4 to 5 in New Delhi, as announced by the Ministry of Defence. The discussions aimed to enhance the defense relations between India and Oman in the maritime domain. The talks were led by Cmde Jasim Mohammed Ali Al Balushi from RNO and Cmde Manmeet Singh Khurana from India. Topics included maritime security challenges, interoperability, operational collaboration, and training. Oman is a key partner for India in the Gulf region, and these talks help strengthen naval cooperation between the two countries.
What’s fueling the shift in Indian investor behaviour?
India added $1 trillion to the stock market in less than six months, reaching a $5 trillion market cap. Retail investors, with a surge in Demat accounts, play a key role in enhancing market stability and resilience.
Buy Indian Hotels Company, target price Rs 640: ICICI Securities
Indian Hotels Company Ltd., incorporated in the year 1902, is a Mid Cap company (having a market cap of Rs 75484.61 Crore) operating in Tourism & Hospitality sector.
Some Indian brokers impose higher trading margins to withstand election volatility
Some large Indian brokerage firms have asked clients to furnish higher margins against trades this week to limit the risk of default ahead of the results of India's national elections, due on Tuesday.
D-Street looks set for Modi rally tomorrow
After the last phase of the election ended on Saturday, exit polls showed the NDA winning with a comfortable majority. Votes will be counted on June 4. Though some exit polls have been inaccurate in the past, investors will take comfort from the fact that most are forecasting a strong show by the Bharatiya Janata Party (BJP).
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