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By G. Srinivasan It is no doubt the flavor of the season to wrest the best benefits by domestic export constituencies with the new five-year Foreign Trade Policy for 2014-19 continuing to be work in progress even a few months past its due date of announcement. The National Democratic Alliance (NDA) led by the BJP can bolster India’s leather industry both for its export potentials in general […]

By S. Sethuraman   Republicans, whose obstructionist role for six years, made life too tough for President  Obama to push ahead with a liberal inclusive agenda and reshape the economic system, have now gained full control of the Congress, with a decisive majority in the powerful 100-member Senate while reinforcing their dominant strength in the 435-member House of Representatives.   In effect, Mr Obama, who has still […]

Delhi: The infamous VVIP helicopter scandal has claimed another victim. The defence ministry has ejected the European NH-90 chopper, linked to Italian conglomerate Finmeccanica, out of the race to supply 16 multi-role helicopters to the Navy .   The commercial bid of the other contender in fray , American Sikorsky-70B choppers, will now be opened this month after a long delay. “Both NH-90 and Sikorsky-70B choppers had […]

News Analysis By DAVID D. KIRKPATRICK October 24, 2014 CAIRO — The British police arrest four men accused of plotting a bombing on the scale of the Mumbai hotel attack six years ago. The Australian authorities arrest a ring of 12 accused of plotting daring murders, including a public beheading. In Canada, a gunman assaults the Parliament building and kills a soldier guarding a war memorial, and a motorist strikes […]

With enterprises now averaging more than three dozen infected IT devices daily and attacks by point-of-sale (POS) malware like Backoff rising by double digits, companies today need to “operate under the assumption they are in a state of continuous breach.” That’s one of the findings from enterprisesecurity firm Damballa’s “Q3 State of Infections Report,” released today. During the third quarter of this year, global ISPs and enterprise […]

From Pradeep Kapoor   LUCKNOW: The three-day RSS national conclave, which ended in Lucknow, the city of erstwhile nawabs, on Sunday expressed concerned over decline in people’s participation in RSS shakhas all over the country.   Much significance is being attached to the speech of RSS chief Mohan Bhagwat who not only expressed his concern but asked all senior leaders and workers to enroll more members in […]

NEW DELHI: The Narendra Modi government made a volte face of sorts on Friday when it cited the same reasons that the previous Congress-led regime had given to keep secret the names of people who have allegedly stashed black money in overseas accounts.   In an application to the Supreme Court, which had directed the government to reveal those names, the government said such a step would […]

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New Delhi: Shortly after 10 am on Friday, while the prime minister was exhorting an annual meeting of top military commanders from the Army, Navy and Air Force to be ready for any call to arms, India’s newest missile blasted off from a canister at the Chandipur test range on the coast of Odisha.   This was the Nirbhay long-range cruise missile, which can hit a target […]

By Ashok B Sharma Recent unprovoked firing by Pakistan at the Line of Control and as well as at the international border shows the utter helplessness and desperation on its part. India has suspended the dialogue process as Pakistan opted to talk to Kashmiri separatists which the former said was against the spirit of the Shimla Agreement and Lahore Declaration.  Subsequently, Pakistan resorted to unprovoked firing at […]

With iOS 8 now available as a free upgrade for many iPhone, iPad and iPod Touch owners, here are a few tips to keep in mind before you take the plunge. First, make sure your device is eligible for the update. Here’s of the list of devices covered: iPhone 4s, iPhone 5c, iPhone 5s, iPod Touch 5th generation, iPad 2, iPad with Retina display, iPad Air, iPad […]

Chinese-backed hackers infiltrated the computer networks of airline, shipping and information technology companies responsible for transporting personnel and weapons for the U.S. military, a Senate investigation found. There were 20 such breaches from June 2012 to May 2013, giving the hackers insight into military logistics and a foothold that could be used to disrupt operations, according to a report today by the Senate Armed Services Committee. While […]

U.S. Secretary of State John Kerry said he was “extremely encouraged” by pledges of military assistance against Islamic State militants by countries inside and outside the Middle East and that some nations had offered ground troops. Kerry has been touring the Middle East to try to secure backing for U.S. efforts to build a coalition to fight the Islamic State militants who have grabbed territory in Syria […]

President Obama on Wednesday in Washington. Mr. Obama says he is aware of the “political price” he pays for being deliberate. By PETER BAKER September 13, 2014 WASHINGTON — Just hours before announcing an escalated campaign against Islamic extremists last week, President Obama privately reflected on another time when a president weighed military action in the Middle East — the frenzied weeks leading up to the American invasion of […]

Barack Obama got a warm reception in Rhode Island last week, yet his lack of strategy has dismayed many others Photo: AP Just in case you thought that the Leader of the Free World was secretly harbouring a calculated, well-developed plan for bringing Isil under control and putting Russia’s imperial leader back in his box, Barack Obama banged that idea firmly on the head last week. He gave […]

A revival of international bond issues from the Gulf is set to draw heavy demand from local and foreign investors, despite the latest geopolitical upheavals in the Middle East and the approach of higher U.S. interest rates. Gulf bond issuance has dried up since early July, because of a traditional summer lull in local investor activity as well as global market instability due to the crisis in […]

|TAP Special|Fighting in Iraq has had little impact on the overall market confidence in the Gulf as investors do not see any direct impact on the GCC, as a result of which currency forwards and credit default swaps have not risen. But several Gulf stocks with exposure to Iraqi Kurdistan could face fresh pressure in coming days. Abu Dhabi National Energy Co (TAQA) has announced suspension of […]

fsNEW DELHI: The central government’s worries on the Insurance Bill aggravated on Tuesday with Congress accusing it of adopting double standards on the issue and dismissing threats from the treasury benches that a joint session may be convened, forcing BJP ministers to knock on the doors of parties like SP and BSP to muster the numbers in the Rajya Sabha. Congress sources maintained the government was reportedly keen on passing the insurance bill in Parliament in this session so that Prime Minister Narendra Modi can showcase it to the US during his visit in September and hence wants to hurry through the process without sending it to a select committee of the Rajya Sabha. BJP leaders, on the other hand, alleged Congress was playing politics on

defBangalore: Electronics production in the country’s Defence sector touched Rs. 13,800 crore during 2013-14 and is expected to grow over 15 per cent this year, said Electronic Industries Association of India (ELCINA) President Subhash Goyal.

 

The production of strategic electronics stood at Rs. 12,000 crore in 2012-13 and has been growing steadily from Rs. 5,700 crore in 2007-08 to Rs. 9,000 crore during 2010-11.

 

ELCINA has been holding the strategic electronics summit (SES) since 2010. This year it is being held in Bangalore on July 30 and 31.

 

The SES brings all stakeholders together on one platform to enable a better understanding of Defence requirements. The summit also aims to facilitate

defBANGALORE: Indigenous military projects such as missiles have shown consistently shorter development cycles over the years thanks to deft planning and handling of the projects, the former DRDO Director-General V.K. Saraswat said on Thursday.

 

Citing the bouquet of missiles that came out of the Integrated Guided Missile Development Programme through 2008, Dr. Saraswat said the later Agni III and V missiles had taken three to five years to develop compared to the earlier ones such as Prithvi that needed around a decade.

 

The former top military scientist was addressing members of the defence and aerospace industry at a conference organised by the SAE India and Project Management Institute.

 

Thousands of Israeli troops backed by tanks, aircraft and navy ships continued what appears to be a limited advance into the Gaza Strip on Friday, the second day of a ground invasion into the Palestinian territory. Palestinian medics say at least 21 Gaza residents have been killed since the start of the ground offensive, which has the stated aim of destroying tunnels militants have used to attempt […]

NATO defence ministers have agreed to bolster protection in eastern Europe after the Ukraine crisis, but have insisted they are acting within the limits of a key post-Cold War treaty with Moscow. NATO head Anders Fogh Rasmussen said ministers had agreed to develop a “readiness action plan… to respond to the changed security environment” created by the escalating conflict in Ukraine. This will include measures such as […]

PARIS — The three young Frenchmen were arrested as they tried to make their way to Syria to wage jihad. They had not harmed anyone in France or made plans to do so, according to the evidence at their trial in January, but in France these days, seeking to fight in Syria is enough to bring a charge of plotting terrorism — and in this case sentences […]

CAIRO — Mohamed Morsi did not enjoy being ridiculed on television as president. With the election of Abdel Fattah el-Sisi, the laughter has stopped. Bassem Youssef, a comedian whose satire of the politically powerful became emblematic of freedom in post-revolutionary Egypt, said Monday that he was ending his popular weekly television show, citing unspecified political pressure and threats. “We consider the shutting down of the show a […]

Sassan Soleimani, the director of “Happy in Tehran,” a viral YouTube tribute to Pharrell Williams that offended Iran’s conservative judiciary, was released on bail Thursday, according to the International Campaign for Human Rights in Iran, a New York-based advocacy group. Evidence of the director’s freedom, after nine days in custody, came in the form of a self-portrait he sent to Kambiz Hosseini, a popular expatriate satirist whose […]

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