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defence ministry has cleared acquisition of 12 Su30MKI fighter jets for the Indian Air Force, in the biggest deal for Russian-origin equipment for the armed forces since the Russian invasion of Ukraine. The fighter jets will be made by Hindustan Aeronautics Limited and the deal for aircraft and associated equipment is likely to be around Rs 11,000 crore. This will include budget for modernisation of the larger fleet as well.

NEW DELHI : India’s merchandise trade gap swelled to the highest in 10 months in August as exports continued to slow due to weak demand in the West and China, even as sustained geo-political tensions keep inflation and interest rates elevated. Commerce ministry data showed on Friday that exports slipped nearly 7% to $34.48 billion in August from $37.02 billion a year earlier. Meanwhile, imports declined to $58.64 billion from $61.88 billion last year, leaving the trade balance at $24.16 billion.

awards, Padmas and pastries a wee bit too seriously — have a gala night with all the pomp, panache and pageantry, minus the prize distribution that's losing its pizzazz. In other words, have an evening of full-blown glamour with A-listers in the performative and celebratory arts gather in all their spectacular spectacle under one vaunted roof over cocktails and a baingan bruschetta-kickstarted dinner.

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Jammu and Kashmir Bank on Friday presented dividend cheques worth over Rs 30 crore to the Union Territory government, initiating the payment of dividend to its shareholders after seven years. MD and CEO Baldev Prakash presented two cheques worth Rs 28.57 crore and Rs 1.84 crore to the Jammu and Kashmir government, its promoter and major shareholder, an official spokesman said. The MD and CEO handed over the dividend cheques for the FY23 to Lieutenant Governor Manoj Sinha. The bank approved 50 per cent dividend for FY23 at its 85th annual general meeting. Lt.

BBC Radio 2 head Helen Thomas is excited about the BBC Radio 2 in the Park event, which will be held in Leicester. Here's what she said. «I really am excited,» Helen told Leicestershire Live. «The presenters are so excited about it because we just haven't had this opportunity. Traditionally what Radio 2 did was a one-day event in Hyde Park, so this feels like a school trip! The event is for two days, with the „biggest and best names“, she added. Helen wishes to get the presenters on a trip down The Golden Mile at Bobby's, a restaurant she visited as a child. Helen reveals that she is half-Indian, and ate masala dosa at Bobby's.

Engineering group RCR Tomlinson had two sets of books showing different pictures of the company’s finances before it collapsed, lawyers Quinn Emanuel said after settling a long-running class action lawsuit for $40 million.

Hyderabad, September 15, 2023: Ethnic apparel retailer Sai Silks Kalamandir Ltd has set a price band of ₹210-222 per share for its initial public offering, opening on September 20. The initial public offering comprises a fresh issuance of shares worth ₹600 crore by the company and an offer-for-sale (OFS) of 2,70,72,000 equity shares by promoter group. At the upper end of the price band, the total issue size comes in at ₹1,200 crore.

Toyota Motor Corp is on track for record annual sales in India, a senior executive told Reuters, as its partnership with Suzuki Motor, which has a portfolio of affordable cars, attracts a new set of buyers. Toyota sold over 160,000 cars in India last year and had sold close to 150,000 by the end of August this year, Atul Sood, vice president of sales told Reuters. «We are confident of closing this calendar year with our best ever performance and setting a new benchmark,» Sood said. Toyota's India business has been the biggest beneficiary of its global partnership with Suzuki which allows the two Japanese carmakers to share technology and vehicles.

The What's New? Summit 2023, an esteemed event hosted by KIT Global and supported by The Economic Times, served as a forum for top marketing leaders, visionaries, and digital experts, to explore the way forward in this ever-evolving space. Additionally, the Summit also shed light on the latest trends, challenges, and innovations poised to shape the future of marketing. Here are some of the key takeaways from the myriad discussions that took place at the Summit, underpinned by pertinent studies and research findings, shedding light on the exciting prospects shaping the world of digital marketing as we speak.The future of the digital marketing landscapeTo comprehend the forces moulding this landscape, let’s first examine research studies that provide valuable insights into these transformations.E-commerce's Dominance: The exponential growth of the e-commerce industry, particularly accelerated by the impact of COVID-19, is no secret.

Check out the companies making headlines before the bell.

geyser emerges as a vital solution to combat the biting cold and ensure uninterrupted access to hot water. The demand for high-capacity geysers has surged, yet finding the right one can be a daunting challenge. The need for consistent heating performance, energy efficiency, and durability has intensified.

Netflix has just made the day of One Piece fans worldwide by confirming the renewal of the beloved show for another round, anticipated to be Season 2. This renewal announcement was accompanied by an exclusive video message from Eiichiro Oda, the manga creator and executive producer of the show.

Whether you're a newcomer seeking to enhance your game or a seasoned player in pursuit of the ideal billiard pool stick, this guide is your gateway to achieving precision and success with every strike. Check out this list of snooker cues, where excellence knows no bounds and every shot is a stroke of mastery.

Air purifiers for home are no longer just a luxury; they have become a necessity, especially for those grappling with respiratory issues like asthma or allergies triggered by dust and pollen. These devices are designed to filter out pollutants, allergens, and airborne particles, ensuring that the air indoors is clean and safe to breathe. We explore the top solutions for improving indoor air quality and safeguarding your family's health.

Pureit Water Purifier, you may discover the simplicity and magic of water filtration. This is a Hindustan Unilever production popularly known as Hul Pureit Water Purifier and takes you to a world where crystal-clear water is more than just a necessity, it's a life-changing experience. Pureit is a beacon of innovation and wellness.

Huma Qureshi has assumed the role of a writer with her debut novel, 'Zeba: An Accidental Superhero', publisher HarperCollins India announced on Friday. The superhero saga will see Zeba, 'a rebellious brat', live up to the superpowers she has accidentally achieved and reaffirm the belief that «superheroes come wearing different capes. The book is a tale of „heroism, transformation, and the triumph of the human spirit in the face of adversity“. Talking about her debut novel, Qureshi said that the idea of unconventional heroes and „the complex, messy lives they lead“ has always fascinated her. »My debut novel explores the transformation of a willful, rebellious girl into a superhero, a journey that's both empowering and full of unexpected twists.

Germany has reached an all-time high in global venture capital funding share in 2023 despite a decline in the overall performance of the blockchain market across the globe, according to a report published by Crypto Valley Venture Capital (CVVC). 

Ashwani Kumar, MD & CEO, UCO Bank, says “our target is to grow operating profit by 15% during this financial year and on a year-on-year basis and profit after tax is a play of provisions and going forward looking at the PCR, we are having around 94-95% PCR and our net NPA is already 1.19% and the provisioning requirements on a quarter-on-quarter basis, on year-on-year basis will come down. Our gross NPA is also coming down. It has come down to 4.48% this quarter and we will continue to see the declining trend in the remaining quarters as well and with all this in place, the ROA will improve in the coming quarters.”There is a section of the market which believes that the last few quarters of credit growth have been very strong. From here on, on the one hand, yes, there is festive season where credit generally perks up but the trend would be smoothening out. Is that a trend you see developing or do you see good growth on the credit side for next four to six quarters from current levels as well?First of all, I will give you a brief data point.

Sachin Pilot on Friday hailed the reconstituted CWC as «very balanced» and having a «good mix» of youth and experience, while asserting that the Hyderabad meeting of the party's highest decision-making body was crucial in view of the upcoming state polls. Pilot, who along with other new faces such as Shashi Tharoor found a place in the reconstituted Congress Working Committee (CWC) last month, said he has always fulfilled with utmost sincerity any role that has been assigned to him by the party but his «heart lies in Rajasthan» and that is where he «can add most value». In an exclusive interview with PTI, Pilot said the Congress has to play a «leading role» in the INDIA bloc because it is the largest party of the alliance but asserted that everyone was being given mutual respect in the bloc. It is not about who occupies which position of power or post, all those issues would be taken up at the appropriate time perhaps even after the Lok Sabha polls, Pilot said of the Indian National Developmental Inclusive Alliance (INDIA). Asked whether the Congress would play the role of the fulcrum of the opposition alliance as it did in the UPA, the former Union minister said everyone in the alliance has a role to play but the Congress is the largest party in Parliament among the bloc and in a democracy, numbers matter. «Every constituent of INDIA is an important player and has a role to contribute.

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