IPA Special

New Uttar Pradesh Assembly Has Now More Women

By Rashmi Saksena The Uttar Pradesh Assembly poll results are supposed to bring cheer to women for one singular fact. The newly constituted 16th Assembly of UP has the highest number of women MLAs in the history of the state Legislature since Independence. Of the 403 seats, women have...

Mar 14 · >

Budget Needs Innovative Approach

By Anjan Roy  The index of industrial production (IIP), on March 12, can be viewed as a pointer to what the forthcoming budget should do. Even if the overall IIP has shown a jump in January, the disaggregated figures reveal the underlying shortcomings and failings. An analysis of the...

Mar 14 · >

Schroders Set To Acquire 30 Per Cent Stake In Axis AMC

SCHRODERS SET TO ACQUIRE 30% STAKE IN AXIS AMC   MUMBAI: Schroders, the UK-based asset management giant that manages close to $291 billion in assets, is set to acquire nearly 30 per cent stake in Axis Asset Management Company, sources familiar with the deal have told Business Standard. The...

Mar 14 · >

Despite CRR Cut, Banks Raise Short-Term Money At Higher Rat

MUMBAI: Banks are raising short term money at much higher price than what they paid prior to the CRR cut, a move that would impact their margins but is aimed at renewing deposits that are due to mature this year-end. In the last two days, banks have paid 11.35%...

Mar 14 · >

Defence Ministry Clears Promotions Of Senior Army Officers

After seeking a slew of clarifications over the past five months, the Ministry of Defence today cleared the much-awaited promotions of senior Army officers, albeit with a rider. Despite the clearance of the promotion list today, the Ministry will separately review the promotion policy which, at present, allows for...

Mar 14 · >

Indian, Us Troops Conduct Joint Drill In Bathinda

BATHINDA: The troops of the Bathinda-based Chetak Corps along with a contingent of US troops today conducted a joint cordon and drill here to neutralise terrorists in an abandoned village in the desert ranges. The drill, codenamed “Desert Lark”, saw the Indian and US troops establish a cordon using...

Mar 14 · >

India's Spy Satellite Risat-1 To Be Launched In April

CHENNAI: A wholly Indian-built spy/surveillance satellite – Radar Imaging Satellite (Risat-1) – that can see through clouds and fog and has very high- resolution imaging is slated for launch in April, a senior official of the Indian space agency has said. An official of the Indian Space Research Organisation...

Mar 14 · >

India To Export Warships To African Countries

India is looking for export markets for it’s combat vessels and defence undertaking Goa Shipyard is offering it’s smaller size naval vessels to countries in Africa and the Middle East. A Nigerian delegation headed by a senior Navy officer of that country had visited the shipyard last week in...

Mar 14 · >

Sino-India Joint Army Drill Ruled Out This Year

The prospect of the next edition of the Sino-Indian joint military exercises is unlikely to take place this year as well.India and China have so far held two rounds of joint military exercises in 2007 and 2008. But in the three succeeding years after that, there were no joint...

Mar 14 · >

Eurofighter 'Stands Ready' To Renegotiate MMRCA Bid With India

The partner nations of the Eurofighter consortium ‘stand ready’ to enter into further discussions with India regarding it’s selection of Dassault’s Rafale over the Eurofighter Typhoon, according to UK Defence Minister Gerald Howarth. IHS Jane’s understands that a revised Typhoon bid has been submitted to India for its Medium...

Mar 14 · >