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    ASMI submachine gun from Hyderabad's Lokesh Machines Ltd. poised for Army service

    Lokesh Machines Ltd., known for CNC machines, achieves a milestone with its ASMI submachine gun, the first domestically designed and manufactured weapon to be officially inducted into the Indian Army. The ASMI has received orders from the Northern Command for 550 guns and positive feedback from security forces. It has outperformed international competitors in accuracy and reliability, featuring a lightweight design and compatibility with both local and NATO-standard ammunition. Priced under Rs 1 lakh, it is cost-effective and versatile for various military roles, reflecting India's progress in defence manufacturing and self-reliance.

    NSG to set up units in Ayodhya, Pathankot and Kerala

    NSG will create units in Ayodhya, Pathankot, and Kerala to enhance security. The Ram Temple in Ayodhya was inaugurated in January this year, adding to the sensitivity of the area.

    FIU imposes over Rs 1.66 crore fine on Axis Bank for failing to detect fraud NSG account

    The Financial Intelligence Unit has fined Axis Bank over Rs 1.66 crore for failure to detect and report suspicious transactions involving a fraudulent account created in the name of the NSG counter-terrorist force. The agency's order under the PMLA found Axis Bank employees complicit in a large-scale fraud. The bank was directed to review its monitoring mechanisms, improve data-sharing practices, and implement stringent employee screening and training programs.

    FIU imposes over Rs 1.66 cr fine on Axis Bank for failing to detect fraud NSG account

    The Financial Intelligence Unit (FIU) has fined Axis Bank over Rs 1.66 crore for failing to detect and report suspicious transactions involving a fraudulent account in the name of the National Security Guard (NSG). This action, under the Prevention of Money Laundering Act (PMLA), highlighted that an Axis Bank employee was complicit in creating the fraudulent account for illicit funds. The FIU criticized the bank for not having adequate mechanisms to identify and report such activities.

    VIP security up for major change in Modi 3.0; NSG, ITBP to be withdrawn

    The Union government's VIP security setup is set for a major overhaul as new ministers take charge. The task of guarding over a dozen high-risk individuals by the NSG and ITBP will be transferred to other paramilitary forces. This change includes withdrawing NSG 'black cat' commandos from VIP duties and transferring their nine Z-plus protectees to the CRPF VIP security unit.

    Shah Rukh Khan steals the show in black at PM Modi's oath ceremony: Check viral video

    Shah Rukh Khan attended Prime Minister Narendra Modi's swearing-in ceremony in New Delhi, adding star power to the event. A viral video captured SRK's stylish arrival, wearing black attire and sporting a ponytail. The ceremony saw other Bollywood celebrities like Akshay Kumar and Rajinikanth, with congratulatory messages pouring in for PM Modi's third term. Security measures were tight, and the event was marked by a celebratory atmosphere.

    The Economic Times
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