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India’s leading digital payments company, Paytm, has received a show cause notice from the country’s financial crime-fighting agency, the Enforcement Directorate (ED), for alleged violations of the Foreign Exchange Management Act (FEMA).The notice pertains to irregularities related to the acquisition of two subsidiaries, Little Internet Private Limited and Nearbuy India Private Limited,
Ukrainian President Volodymyr Zelenskyy received a warm welcome from British Prime Minister Keir Starmer at Downing Street in London on Saturday, just a day after a heated confrontation with U.S. President Donald Trump at the White House.The meeting between Zelenskyy and Starmer was marked by expressions of strong support for Ukraine, with Starmer reaffirming the UK’s unwavering commitment to
The Headquarters Integrated Defence Staff (HQ IDS) recently conducted the annual Joint Electromagnetic Board Meeting (JEMB) on November 13, 2024, under the chairmanship of Air Marshal Jeetendra Mishra, Deputy Chief of Integrated Defence Staff (Operations). This strategic meeting aimed to achieve synergy in joint electronic warfare (EW) operations among the Indian Army, Navy, and Air Force.The
British Prime Minister Keir Starmer has announced that the UK, France, and Ukraine will collaborate on a peace proposal for the ongoing conflict in Ukraine, which they intend to present to the United States.This initiative follows a tumultuous meeting between Ukrainian President Volodymyr Zelenskyy and U.S. President Donald Trump at the White House, where Trump publicly criticised Zelenskyy. The
The Defence Research and Development Organisation (DRDO) recently unveiled a mock-up of the BM-04 missile at the ‘Vigyan Vaibhav’ defence exhibition in Hyderabad. Described as a Short-Range Ballistic Missile (SRBM), the BM-04 is designed to counter enemy anti-access/area denial (A2/AD) capabilities, which are strategic systems used by adversaries like China and Pakistan to restrict operational
Mazagon Dock Shipbuilders Limited (MDL) has achieved a significant milestone in its submarine construction capabilities by building four submarines without the need for foreign overseeing teams. This success is attributed to the effective transfer of technology from the French Naval Group, which has been instrumental in enhancing MDL’s indigenous submarine construction skills. The collaboration
Hindustan Aeronautics Limited (HAL) experienced a bittersweet moment at Aero India 2025 with the unveiling of its upgraded Hindustan Jet Trainer-36 (HJT-36), now renamed ‘Yashas’. This significant development marked a positive note for HAL, as the Yashas trainer has undergone extensive modifications to enhance its capabilities.The aircraft features state-of-the-art avionics and an ultra-modern
India’s ambitious deep-sea exploration project, Matsya-6000, has successfully completed its wet testing, marking a significant milestone in the country’s underwater exploration capabilities. Developed under the Samudrayaan Project, a component of the Deep Ocean Mission, Matsya-6000 is a fourth-generation deep-ocean submersible designed to accommodate three humans within its spherical hull.The wet
India and Japan have renewed their $75 billion bilateral currency swap agreement, known as the Bilateral Swap Arrangement (BSA), to enhance economic stability and deepen financial cooperation between the two nations.The agreement, which became effective on February 28, 2025, allows both countries to exchange their local currencies for US dollars when needed, providing a crucial financial safety
Earlier Chinese Song-class of submarines were surveilled loitering the Indian Ocean RegionIndia is closely monitoring China’s growing presence in the Indian Ocean, according to Indian Navy Chief Admiral Dinesh K Tripathi. The Navy keeps a watchful eye on the activities of the Chinese PLA Navy, including their warships and research vessels, to ensure that Indian interests in the region are not