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Defence Acquisition Council (DAC), under the chairmanship Defence Minister Rajnath Singh, accorded Acceptance of Necessity (AoN) for five capital acquisition proposals worth over Rs 21,772 crore on Tuesday. This included the procurement of Water Jet Fast Attack Crafts, Fast Interceptor Craft, Electronic Warfare Suite, Next Generation Radar Warning Receiver and Advanced Light Helicopters. DAC granted the approval for the procurement of 31 New Water Jet Fast Attack Crafts (NWJFACs) for the Indian Navy. These are designed to perform the task of low intensity maritime operations, surveillance, patrol, and search and rescue (SAR) operations close to the coast. In addition, these vessels will also play a role in anti-piracy missions, in and around India's island territories.

Subscribe to enjoy similar stories. If you don’t have a finance background, it can be difficult to invest on your own. Most retail investors take the help of a knowledgeable friend or turn to YouTube to understand the basics of investing.

Subscribe to enjoy similar stories. At what price will the risk-reward equation in Asian Paints favour the investor? In other words, when will the probability of making money from the stock surpass the risk of losing money? Has that moment finally arrived, or is there more pain to come? Let us try and answer all these questions and more over the next few minutes. But first, a quick recap.

Rahul Gandhi along with the five other party MPs from Uttar Pradesh will visit Sambhal on Wednesday, Uttar Pradesh Congress chief Ajay Rai said. Newly-elected Wayanad MP Priyanka Gandhi Vadra is also likely to accompany the delegation, he said. The party's general secretary and UP in-charge Avinash Pande will be there too, Rai told PTI. Curbs under section 163 (power to issue order in urgent cases of nuisance or apprehended danger) of the Bharatiya Nagarik Suraksha Sanhita (BNSS), were set to expire on Sunday and have now been extended till December 31.

Subscribe to enjoy similar stories. India has achieved remarkable economic success, ranking as the world’s fifth-largest economy. Economic experts predict India will rise to third place within five years.

In a letter from the UK Crowdfunding Association, its chair and director, Bruce Davis, told City Minister Tulip Siddiq that the Financial Conduct Authority's over-regulation and its approach to crowdfunding for small- and medium-sized businesses has resulted in £50-150bn of «lost investment» in UK companies.  The last five years have seen «an unprecedented pace of regulatory change», according to Davis, with the UK now one of the most highly regulated markets in the world for crowdfunding investment.  «The impact of these changes has been felt in the increase in marketing costs for ne...

With the winter session of Parliament underway, Section 163 of the Bharatiya Nagarik Suraksha Sanhita (BNSS), which prohibits assembly of five or more people, is in force in the central part of Delhi, the officer said. In Agartala, thousands of people took out a massive demonstration near the Bangladeshi mission on Monday against the arrest of Hindu monk Chinmoy Krishna Das as well as attacks on the Hindu community in Bangladesh.

Imphal East district, police said on Tuesday. They were arrested from Kshetrigao Sabal Leikai when they were loitering in the area to «commit prejudicial activities» like extorting money from the people, police said in a statement. «They were later found to be members of Arambai Tenggol,» it said. Those arrested were identified as Ningombam Lemba Singh (25), Mangshatabam Poireinganba Meitei (21) and Laishram Bidyas Singh (21). A minor was also held along with them, police said.

Cyclone Fengal wreaks havoc across many districts of Tamil Nadu, Chief Minister MK Stalin has announced Rs 5 lakh ex-gratia for the families of seven people who lost their lives in a landslide due to heavy downpour in Thiruvannamalai district. «I express my deepest condolences and sympathy to the families of those who died in this accident and have ordered that each of the families of the deceased be provided with Rs. 5 lakhs each from the Chief Minister's General Relief Fund,» Tamil Nadu Chief Minister MK Stalin said in a press release. This comes after seven people including five children were trapped under the ground in a landslide in Thiruvannamalai. According to the press release, the deceased have been identified as Rajkumar and his wife Meena (27). The family was residing on 11th Street in VOC Nagar.

Modi finds himself on a stronger footing after the Maharashtra elections. This reverses the tide from the general elections that had, just five months ago, snatched the single-party majority his government had enjoyed since 2014. While allies have given no reason yet to suspect NDA's stability at the Centre, BJP found its big picture shaken and stirred. For this reason, this claw-back story is important. In the 2024 Lok Sabha polls, the big dent in BJP numbers came from defeats in UP, Maharashtra, Haryana and West Bengal. Over the past five months, BJP has made a strong comeback in two states — Maharashtra and Haryana — while showing shoots of a recovery in UP, where it won 7 of the 9 assembly bypolls. More significantly, it wrested two seats from SP, which had fallen vacant after the party pulled out MLAs to contest parliamentary elections. BJP, along with RSS, doubled down soon after Lok Sabha polls. It also did some serious post-mortem of the results, made tactical micro-level shifts, continued to focus on women-centric welfare schemes, and ran a bottom-up campaign. But the entire effort rested on a key assumption that the 'Modi vote' had turned complacent. Or, had split up in some parts of the country in the general elections and needed to be stitched back and drawn out. In Maharashtra, particularly, where the assembly turnout jumped by nearly 6% from the Lok Sabha polls, BJP can now believe that the overarching 'Modi narrative' still holds good.

«The two families knew each other but it was only a month ago that everything was finalised. This was the only possible window as her schedule will be hectic from January,» Sindhu's father, PV Ramana, told PTI. «So that is the reason the two families decided to have the marriage ceremony on December 22. The reception will be held in Hyderabad on December 24. She will start her training soon after as the next season is going to be important.»

Union Minister of State for Food Processing Industries Navneet Singh Bittu shared the data of organic food products exported during the last five years and current year in a written reply to Lok Sabha. As per the data, 6,38,998 tonnes were exported in 2019-20 for USD 689.10 million; 8,88,179.68 tonnes for USD 1,040.95 million in 2020-21; 4,60,320.40 tonnes for USD 771.96 million in 2021-22; 3,12,800.51 tonnes for USD 708.33 million in 2022-23; and 2,61,029 tonnes for USD 494.80 million in 2023-24 financial year.

In recent years, the decline in debt mutual fund investors has been alarming. Since 2020, folios in fixed income funds have dropped to 7.1 million from 8.1 million even as equity-oriented fund folios have skyrocketed to over 1.5 billion from 638 million. While the percentage of total MF assets to bank fixed deposits has risen to 31% in 2024 from 16% in 2020, the ratio of fixed income assets under management to bank deposits remains a paltry 7.5% as of October 2024.

Prosus, the Dutch-listed technology investment arm of Naspers, is gearing up for a ramp-up in its India IPO pipeline, highlighting five potential IPOs over the next 18 months. E-commerce firm Meesho, omnichannel jewellery retailer Bluestone, and fintech company PayU India are among the firms lining up for public offerings. Prosus CEO Fabricio Bloisi did not elaborate on the IPO timelines during a call with reporters on Monday. The company also disclosed that it had acquired an 11% stake in supply chain finance firm Mintifi for approximately $80 million. Additionally, it invested $100 million in housing finance company Vastu Finance, securing an 8.4% stake.

SBI Mutual Fund has announced the launch of the NFO of SBI Quant Fund, an open-ended equity scheme following a Quant-based investing theme. The New Fund Offer (NFO) of the scheme will open for subscription on December 4 and close on December 18. The scheme will reopen for continuous sale and repurchase within five business days from the date of allotment. The investment objective of the scheme is to seek to generate long-term capital appreciation by investing in equity and equity-related instruments selected based on quant model themes.

central government fiscal deficit stands at 46.5 per cent of its budget estimates in the first seven months of the current financial year 2025, highlights a report by Union Bank of India. The report also noted that the capital expenditure of the government in the first seven months of the current fiscal stands at only 42 per cent and it will be a challenge for the government to spend the remaining 58 per cent in the remaining five months. It said,«It would be a daunting task for the govt. to achieve the Rs 11.11 lakh crore budgeted target for the fiscal as the govt. has only five months left to spend the remaining 58 per cent of the full-year capex budget».

Chapter 6 brings back OG mode and other classic features. This chapter is set to begin on December 6, 2024.

Himanta Biswa Sarma said he was ready to ban beef in Assam if state Congress chief Bhupen Kumar Borah writes to him, seeking such a ban. Congress has alleged that BJP distributed beef to win the Muslim-dominated Samaguri, which was under Congress control for five consecutive terms. BJP and it's allies won all the five seats in the recently held by election. BJP's Diplu Ranjan Sarmah defeated Congress' Tanzil, son of party MP Rakibul Hussain in a bypoll last month.

Rohit Sharma expressed satisfaction with his team's performance, stating that they achieved their objectives as a unit. A four-wicket haul by pacer Harshit Rana, along with commanding knocks from Shubman Gill, Nitish Kumar Reddy, and Yashasvi Jaiswal, helped India secure a five-wicket win against Australia's Prime Ministers' XI at Canberra's Manuka Oval on Sunday. Speaking at the post-match presentation, Rohit also expressed gratitude towards the crowd for their support.

Himanta Biswa Sarma said he was ready to ban beef in Assam if state Congress chief Bhupen Kumar Borah writes to him, seeking it. Responding to the allegation that BJP distributed beef to win the Muslim-dominated Samaguri, which was under Congress control for five consecutive terms, Sarma said he was happy that the opposition party raised the matter. «Samaguri was with Congress for 25 years. Congress losing a constituency like Samaguri by 27,000 votes (sic) is the biggest shame in its history. It is Congress's defeat more than BJP's win,» he told reporters after a party meeting here on Saturday. BJP's Diplu Ranjan Sarmah defeated Congress's Tanzil, son of party MP Rakibul Hussain, by 24,501 votes in a bypoll last month.

Subscribe to enjoy similar stories. You can see that the servers at Soka are fully invested in its complex new limited menu inspired by the scents of Bengaluru. At each table of the intimate 38-seater bar, servers take guests through the details of the five cocktails in the menu, Vāsané, which positions itself as an “olfactory archive of Bengaluru".