SAFEGUARD INDIAS INTEREST
India's Rudram-1 Missile: How does it stack up against global competitors?
Rudram 1 Missile: India has successfully tested its first indigenous anti-radiation missile, the Rudram-1, developed by DRDO for the Indian Air Force. Integrated with Sukhoi-30MKI jets, it targets radiation sources with INS-GPS navigation and a Passive Homing Head, crucial for Suppression of Enemy Air Defence (SEAD). Compared globally, Rudram-1 enhances India's SEAD capabilities against adversaries like the US (AGM-88 HARM), Russia (Kh-58), UK (ALARM), China (FT-2000), Iran (Hormoz-2), and Brazil (MAR-1). This milestone strengthens India's defense against regional threats, showcasing its technological prowess and commitment to indigenous defense innovation.
Section 302 no longer murder, 420 not cheating, 376 not rape as IPC evolves into BNS
With the arrival of new criminal laws under the Bharatiya Nyay Sanhita (BNS), familiar sections of the Indian Penal Code (IPC) have undergone significant changes. Crimes once defined under well-known sections like 302, 420, and 376 have now been redefined, reflecting a modernised legal framework aimed at addressing contemporary challenges in criminal justice.
India has option to propose retaliatory duties on EU's safeguard measures on some steel products
New Delhi, India can propose retaliatory customs duties under WTO norms on EU imports due to disagreement over EU safeguard measures on steel products. EU extended safeguard duties on steel imports till 2026, affecting India's steel exports to the EU.
View: India's pharma giants set sights on superior quality standards
India, known as the 'pharmacy of the world,' ranks third in global drug production and supplies vaccines to over 200 countries. With a target to reach $120-130 billion by 2030, maintaining high quality is crucial. Focus areas include robust investigations, skilled workforce development, and embedding quality in product development. India faces increased scrutiny from global regulators, necessitating adherence to stringent quality standards. Recent moves by CDSCO aim to streamline drug export licensing. Upholding quality is key for India's pharmaceutical industry to remain a reliable global supplier.
"Interests of citizens of India are safeguarded by GoI": BJP's V Muraleedharan on Kerala Minister's visit to Kuwait
BJP leader V Muraleedharan has defended the decision of Kerala Health Minister Veena George to travel to Kuwait to coordinate the relief operation following a fire incident in Kuwait that killed 45 Indians, primarily from Kerala. Muraleedharan argued that the interests of Indian citizens living abroad are protected by the Indian government, and that the state minister's travel to a foreign country is unnecessary.
Curb on unfair GST demand recovery proceedings: GST official needs prior approval from higher authority to act within 3 months of demand
GST demand order: If you have received a GST demand order, you can either it pay it or file an appeal against it. However if GST officials believe that it is necessary to ask for early payment of the demand before the stipulated time period they can do so. However they need to give a justifiable reason to do so.
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RBI's record dividend invites mixed reactions from economists
The Reserve Bank of India's (RBI) decision to declare its highest-ever dividend of Rs 2.11 lakh crore has sparked mixed reactions from economists. Noted economist Suman Mukherjee views it as a sign of economic strength, attributing the windfall to various factors such as a surge in foreign exchange reserves and proactive government management. Mukherjee believes that maintaining low interest rates will counter potential recessionary effects.
Remain focused on being combat ready at all times: Navy chief to officers
Indian Navy Chief Admiral Dinesh K Tripathi has emphasized the need for the Navy to remain combat-ready to protect national maritime interests, especially in light of China's increased presence in the Indian Ocean and the volatile situation in the Red Sea. He highlighted the Navy's commitment to self-reliance and the importance of finding in-house solutions and embracing new technologies to address challenges in the maritime domain. The Navy has been actively providing assistance to cargo vessels under attack in the Red Sea, where Houthi militants have targeted ships to pressure Israel.
Lok Sabha polls: Sixth schedule, employment key issues in Ladakh
After the abrogation of Article 370, Ladakh, which shares its border with both Pakistan and China, was carved out as a Union Territory without legislature. While Leh welcomed the move initially, people in Kargil were unhappy about the split. However, soon the concerns over safeguards for land and jobs took over, and protests erupted.
Need to reconsider sachetisation of F&O trade to safeguard household savings: CEA
"When we take pride in the fact that we have the world's largest trading volume in futures and options (F&O), we need to ask ourselves is that a sign of progress or a sign of concern," the CEA said.
Unchecked explosion in retail F&O trading may dent household finances, warns Nirmala Sitharaman
The Finance Minister called on NSE, BSE and Sebi to brainstorm together and chalk out robust compliances and regulatory standards to protect investors' interests. BSE and NSE were asked to mitigate systemic risk and ensure market stability. Sithraman said this in at a BSE event in Mumbai.
India requires to open multiple channels to safeguard Myanmar interests
India's ties with Myanmar are strained by China's influence and ties with Rakhine rebels. India faces challenges in safeguarding assets like the Kaladan project and trilateral highway amid the evolving regional dynamics.
SBI vs HDFC Bank vs IDBI Bank: Check last date to invest in special FDs with higher interest rates
Special FDs with higher interest rates: Here are big banks such as SBI, HDFC Bank and IDBI Bank special FD details and their deadlines. Investors can book their funds before the deadline and avail the higher interest rate benefit.
Former CJI Ranjan Gogoi draws line between ‘judicial activism' and ‘judicial overreach'
Former CJI Ranjan Gogoi stresses the importance of balancing free speech and preventing misinformation while addressing the judicial backlog, quality justice, ethical standards, and the erosion of faith in the judiciary at the 76th Gauhati High Court foundation day.
India’s anti-dumping policy: Safeguarding industries or stifling growth?
A section of industry says it is time to look at the country’s anti-dumping strategy with a fresh lens. The duties sometimes favour large firms and severely impact MSMEs, choking industrial growth.
Fasten your seatbelts as gold, silver, and copper are set to soar!
Gold's rally is driven by Fed cuts, hedge fund bets, central banks' gold accumulation, geopolitical tensions, and silver's potential surge. Copper prices are set to rise, indicating a bullish outlook for precious metals.
IRDAI announces norms to boost governance
These regulations focus on safeguarding policyholders' interests, rural and social sector responsibilities, electronic insurance marketplace, foreign reinsurance branches, and aspects of registration, actuarial, finance, investment, and corporate governance, the regulator said in a press release.
Banks asked to check mis-selling, safeguard account holders' interest: DFS Secy
Financial Services Secretary Vivek Joshi emphasized the need for public sector banks to prevent mis-selling of insurance products and safeguard the interests of account holders. The Department of Financial Services has instructed banks to prioritize customer interests amidst complaints of fraudulent practices, especially in selling insurance policies to elderly customers
Irdai draft guidelines to safeguard insurance policyholder interests: 5 major changes proposed
In order to decrease stakeholder compliance requirements, facilitate company operations, and protect policyholder interests, the Insurance Regulatory and Development Authority of India (IRDAI) has suggested a number of changes.
India, UK trade pact talks at advance stage; we want a fair deal: Comm Min Secretary Sunil Barthwal
The negotiations for the proposed India-UK free trade agreement are at an advanced stage, and both sides are working to iron out differences on the remaining issues, a top government official said on Thursday. Commerce Secretary Sunil Barthwal said the negotiations are taking time because "we want" to safeguard India's interest.
India taking steps to safeguard vessels in Red Sea: Piyush Goyal
Piyush Goyal discusses bilateral investment treaties and the importance of negotiating from a position of strength. He mentions concerns about the Red Sea situation and the potential impact on exports. Goyal believes that India will become the largest market for aircraft in the next 20-25 years, attracting manufacturers. The budget focuses on infrastructure investment to stimulate growth and boost multiple industries. The PLI scheme is expanding, with new sectors to be included based on their gestation period.
Interest rate up to 8.25%: Check how much interest rate you can earn on 3-year corporate FDs
Corporate FDs are offered by many companies, including Mahindra Finance, Bajaj Finserv, LIC Housing Finance, and PNB Housing Finance. The interest rate on these varies depending on the tenure amongst other things.
From hotel accommodation to full refund, Centre mulls stricter measures to safeguard air travelers
The catalyst for this proposed change stems from a recent incident involving IndiGo passengers who were not flown to their destination from Bengaluru as per their original booking.
Lenders look to derisk promoter guarantees, implementing negative liens to safeguard assets
In response to the recent Supreme Court order upholding recovery provisions against personal guarantors, Indian lenders are now taking measures to protect their interests. They will require a negative lien on the assets underlying personal guarantees given by promoters of companies raising bank loans. This will prevent promoters from transferring these assets to a special trust that is bankruptcy remote.
Nitin Bhatnagar on the latest trends in cyber fraud and how to safeguard against it
“A magnitude of frauds are happening today and we cannot really classify them. What is important for users to understand is that while you are online you have to be really-really very cautious because these fraudsters can innovate and to dupe you for financial gain they can go to any length.”
India criticises safeguard measures on import of certain steel products by EU, UK in WTO meet
Several countries, including India, Switzerland, Russia, and Japan, have criticized the EU and the UK for their safeguard measures on steel imports, stating that they are inconsistent with global trade rules. The countries, speaking at the World Trade Organisation's Safeguards Committee meeting, argued that the measures violated WTO rules.
India aims to safeguard steel trade interests from EU carbon levy
The Indian government is discussing ways to address concerns about the EU's planned tariffs on high-carbon goods with its European counterparts. The tariffs, which would impact India's steel exports, have caused unease among top exporters. The CBAM which will impose tariffs ranging from 20% to 35% and require the purchase of carbon emission certificates, comes into effect from 2026.
BIS certification for three new grades to safeguard consumer interest: Jindal Stainless
The body has certified grades, namely N5, N6 and N7, to be used exclusively in utensils and kitchenware applications, a segment where corrosion due to substandard quality material is a matter of concern for consumers. "The Bureau of Indian Standards (BIS) has recently introduced three grades -- N5, N6 and N7 -- under the standard IS 15997, meant exclusively for stainless steel used in utensils and kitchenware applications," JSL said in a statement.
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