HAL parody website takes on defence minister’s remarks

India’s state-run Hindustan Aeronautics Limited (HAL) in Bangalore was caught in between its own minister and its proxy defender, a fake website, amidst the ongoing brouhaha over the capabilities of the Bangalore-HQ defence establishment. When Defence Minister Nirmala Sitharaman publicly humiliated the defence organisation HAL for not having capabilities to manufacture 126 Rafale combat aircraft, […]

4th BIMSTEC Summit Declaration in Kathmandu vows for Bay of Bengal unity

India’s PM, Bangladesh PM, the Chief Advisor of Bhutan, President of Myanmar, PM of Nepal, President Sri Lanka, and the Prime Minister of Thailand, met in Kathmandu on 30-31 August 2018 for the Fourth BIMSTEC Summit and reaffirmed their commitment to the principles and purposes of BIMSTEC as enshrined in the 1997 Bangkok Declaration. Recalling the […]

LIC to acquire controlling stake of IDBI Bank as Cabinet gives nod

The Union Cabinet chaired by Prime Minister Narendra Modi has approved in reducing Government of India shareholding in IDBI Bank Limited to below 50% by dilution. It has also approved acquisition of controlling stake by Life Insurance Corporation of India (LIC) as promoter in the bank through preferential allotment / open offer of equity, and […]

15th India-ASEAN Economic Ministers Meeting held in Singapore

India’s Commerce & Industry Minister Suresh Prabhu attended the 6th East Asia Summit- Economic Ministers’ Meeting (EAS-EMM) and 15th India-ASEAN Economic Ministers’ Meeting (AEM) in Singapore on Saturday, Sept.1. Singapore is currently holding the Chair of ASEAN. The 6th East-Asia Economic Ministers’  Meeting was chaired by Chan Chun Sing, Minister for Trade and Industry, Singapore, and was […]