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India To Build Six Conventional Submarines At A Cost Of Around Rs 43,000 Crore Domestically

India To Build Six Conventional Submarines At A Cost Of Around Rs 43,000 Crore Domestically

The Defence Ministry of India has cleared a mega project to build six conventional submarines for the Indian Navy at a cost of around Rs 43,000 crore domestically. The submarines will be built under the strategic partnership model that allows domestic defense manufacturers to join hands with leading foreign defense companies to produce high-end military equipment to reduce. India is also eyeing to reduce import dependence from the partner countries. This decision will significantly boost India’s naval prowess and its maritime capabilities. DAC has also extended the timelines for procuring urgent capital acquisitions under the delegated powers to the armed…
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RBI keeps interest rate unchanged, to keep its monetary policy accommodative

RBI keeps interest rate unchanged, to keep its monetary policy accommodative

The Reserve Bank of India keeps interest rates unchanged at record lows as it reiterated its commitment to keep its monetary policy accommodative, to help the economy recover from the world’s worst outbreak of COVID-19 infections. RBI expanded its version of quantitative easing to keep borrowing costs anchored. It will buy an additional Rs 1.2 lakh crore of bonds under the Government Securities Acquisition Programme (G-SAP) 2.0 in the second quarter. It decided to retain an accommodative policy stance “as long as necessary to revive and sustain growth on a durable basis and continue to mitigate the impact of COVID-19…
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Vaccines for children, indemnity for India’s Covid vaccine makers

Vaccines for children, indemnity for India’s Covid vaccine makers

The Centre on Friday said the issue of granting legal protection to Indian vaccine manufacturers is under watch, a day after reports said Pune's Serum Institute of India has requested the Indian government to extend legal protection. Niti Aayog (health) member VK Paul said, "The issue of indemnity has come up in the context of foreign companies raising the demand. In principle, they expect us to indemnify from legal suits as they are protected in other countries too. We have also checked with other countries and the World Health Organization. This appears to be the fact that they are protected…
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The Write Circle Guwahati with Kabir Bedi in conversation with Nilisha Agarwal

The Write Circle Guwahati with Kabir Bedi in conversation with Nilisha Agarwal

Prabha Khaitan Foundation is going the organize The Write Circle Special with seasoned actor Kabir Bedi. Writers and Literati from across the historic city of Guwahati can look forward to being part of the event. Prabha Khaitan Foundation is a non-profit trust dedicated to all-round development of social, cultural, welfare, and humanitarian aspects of Indian society. The interactive session will take us on the life journey of the very versatile Kabir Bedi, through his autobiography titled ‘Stories I Must Tell: The Emotional Life of an Actor’. The session will bring together authors, conversationalists and literature enthusiasts to focus on rejoicing…
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Covid-19: Govt seals deal for 300 million vaccine doses from Biological-E

Covid-19: Govt seals deal for 300 million vaccine doses from Biological-E

India's government said on Thursday (Jun 3) it has inked a deal with domestic vaccine maker Biological-E for 300 million COVID-19 vaccine doses for 15 billion rupees (US$205.62 million), the first such order for unapproved shots. The vaccine, which is currently undergoing phase-3 clinical trials, is likely to be available in the next few months, the health ministry said in a statement. The government would be making an advance payment of Rs. 1500 crore to M/s Biological-E for the manufacturing of the vaccines. The vaccine, a RBD protein sub-unit vaccine, will be manufactured and stockpiled by Biological-E from August-December 2021.…
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Supreme Court quashes FIR against veteran journalist Vinod Dua

Supreme Court quashes FIR against veteran journalist Vinod Dua

The Supreme Court Thursday quashed the sedition case registered against senior journalist Vinod Dua in Himachal Pradesh. The verdict was pronounced by a bench led by Justice U.U. Lalit on Dua’s petition seeking quashing of the case registered against him in connection with a video uploaded to YouTube last year. In the video, Dua is criticising the Narendra Modi government’s handling of the Covid-19 lockdown. The bench said that every journalist is entitled to protection under the Kedar Nath Singh judgment that ruled “dissent is not sedition”. Delivered in 1962, the Kedar Nath judgment upheld the constitutional validity of sedition…
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‘Sir, farewell to kara do’: Student’s request to PM Modi after cancellation of CBSE Class 12 exams goes viral

‘Sir, farewell to kara do’: Student’s request to PM Modi after cancellation of CBSE Class 12 exams goes viral

After months of suspense, the Central Board of Secondary Education (CBSE) Class 12 board exams were cancelled on Tuesday, leaving students jubilant. PM Narendra Modi took to Twitter to announce the decision. "Government of India has decided to cancel the Class XII CBSE Board Exams. After extensive consultations, we have taken a decision that is student-friendly, one that safeguards the health as well as future of our youth," his tweet read. Soon after the announcement, social media platforms were flooded with hilarious memes and jokes, and many lauded the Prime Minister's decision. However, one tweet took away the cake and…
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Singer Vaishali Made joins NCP

Singer Vaishali Made joins NCP

Playback singer Vaishali Made, singer of various popular songs including 'Pinga' from the film "Bajirao Mastani", joined the NCP on Thursday said , Maharashtra Deputy Chief Minister Ajit Pawar.  She became  a member of the NCP's film and culture, and will head the cell's Vidarbha division, Pawar said in a tweet.  This well known singer aged 36  joined the Sharad Pawar- led party in the presence of Ajit Pawar and NCP MP Supriya Sule. Ajit Pawar  pinned a tweet in Marathi which translates to, "Congratulations to well-known singer Vaishali Made on her entry into the Nationalist Film and Cultural Department and her appointment as the…
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Tiger Shroff’s Mother Reacts to Rumours of FIR Against Him and Disha Patani

Tiger Shroff’s Mother Reacts to Rumours of FIR Against Him and Disha Patani

The couple was booked by the police after they were found roaming near the Bandra bandstand on Wednesday evening, hours after the 2 PM deadline for restrictions on the movement of people outside their houses without a valid reason. After the reports about the same surfaced on the internet, a verified Instagram handle of a known celebrity photographer shared the details of the same. However, Tiger’s mother Ayesha Shroff, who is quite active on social media, has denied the claim. She commented on the photographer’s post and asked to “get the facts right before saying such things." In response to…
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Nasa announces plans to send two new missions to Venus after decades

Nasa announces plans to send two new missions to Venus after decades

With two new missions to Venus, Nasa plans to examine the planet's atmosphere and geological features. These missions are due to launch between 2028 and 2030. The missions have each been awarded $500m (£352m) in funding. Nasa administrator Bill Nelson said the missions would offer the "chance to investigate a planet we haven't been to in more than 30 years". The missions were picked following a peer-review process and were chosen based on their potential scientific value and the feasibility of their development plans. The last probe to visit the planet was the Magellan orbiter in 1990. However other vessels…
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