Reports Financial News

defence ministry is tightening the monitoring of defence equipment being manufactured in India and has asked the industry to strictly follow end-user certification rules when it comes to exports, after some reports of equipment going into the «wrong hands» have come up. The Indian defence sector has seen a sharp increase in production of arms and weapons for both internal use and export orders in the past few years. Weapons manufacturing is on the rise throughout the world, given the Ukraine-Russia crisis, and multiple reports have emerged of weapons landing up on either side of the conflict without proper authorisation by the country of origin. The ministry is now looking to set up an internal portal that will monitor consumption patterns of imports being done by defence sector companies, particularly when it comes to explosives and primers.

Genshin Impact, the popular open-world action role-playing game, continues to expand its immersive world of Teyvat with new regions. Players eagerly anticipate the release of Natlan, the upcoming area filled with safari-like landscapes and intriguing creatures, a Dexerto report said.

US Air Force has released the first in-flight pictures of its new futuristic-looking nuclear stealth bomber B-21 Raider. It is capable of carrying missiles with nuclear warheads and it is significant because Russian President Vladimir Putin has said that if the existence of his country is at stake, he may be forced to use the nuclear weapon.

United Spirits, India's biggest liquor firm, said there is a slowdown in liquor demand because tipplers are limiting social occasions although they are still not downgrading to lower-priced products. The Diageo-controlled company expects the pace of growth to recover in the second half of the year due to a lower base, although it will still be slower compared with the demand surge seen after the pandemic. «On the demand front, the growth has moderated from two years ago. And at the lower end, we continue to see some pressure. Moderation was there during the wedding season, and so growth is continuing to be slower,» the company's managing director and chief executive Hina Nagarajan told analysts during an earnings call.

Celine Dion, renowned for her iconic song «My Heart Will Go On» from the film Titanic, is reportedly planning what may be her final television performance. The acclaimed singer, who was diagnosed with Stiff Person Syndrome (SPS) in 2022, has been battling this rare neurological disorder that causes severe muscle stiffness and spasms, leading her to cancel numerous tours. However, recent developments suggest that Dion is determined to make a memorable return to the stage.

committee will examine if manufacturing of nutraceuticals should be allowed within drug manufacturing facilities. India's drug regulator had said earlier that action will be taken against those flouting norms by manufacturing supplements and drugs in the same facility. However, following objections raised by various pharma lobbies, the drug regulator has formed a committee that will give its recommendations within three weeks on the issue. The committee comprises senior officials from the regulatory authority, experts from the National Institute of Pharmaceutical Education and Research (NIPER) and an industry expert.

The Dawn reported.According to the report, over 1,000 female students were inside the Government Girls’ High Secondary School in Sirikot when the fire began, but luckily, no casualties were reported.Along with the local residents, the firefighters initiated the process of dousing the fire, but it took them more than two hours to douse it.

RIA Novosti.The development came three years after the Taliban returned to power in war-torn Afghanistan.ALSO READ: Afghanistan floods: Fifty people lost their lives due to heavy rainsSince 2003, the Taliban group has been designated as a terrorist outfit in Russia.“Kazakhstan has recently taken the decision, which we are also going to take, to remove them from the list of terrorist organisations," RIA Novosti quoted Russian Foreign Minister Sergei Lavrov as saying on Monday.At the end of 2023, Kazakhstan had removed the Taliban from its list of banned organisations.Despite international sanctions on the Taliban, Russia has fostered its ties with the government run by the banned outfit in Afghanistan.Moscow had also held multiple rounds of talks and boosted trade with Kabul.But, Russia has not recognised Afghanistan’s Taliban government officially yet.The state news agency TASS, citing Zamir Kabulov - director of the Second Asia Department at the Russian foreign ministry, reported that Russia’s foreign and justice ministries have reported to President Putin on the issue of removing the ban on the Taliban.ALSO READ: The Taliban warn journalists and experts against cooperating with Afghanistan International TVThe latest move by Russia could further boost diplomacy between Moscow and Kabul.According to RIA Novosti, Lavrov said Russia's decision was about recognising the realities on the ground.“They are the real power. We are not indifferent to Afghanistan.

Peel Regional Police say hundreds of vehicles worth $33.2 million have been recovered in a major auto theft investigation — with 37 containers worth of cars found at the Port of Montreal.

Julia Quinn's Bridgerton novels have been left intrigued by the absence of a crucial friendship in Season 3 of the Netflix adaptation. Showrunner Jess Brownell has shed light on the decision, offering insights into the altered dynamics of key characters.

India Express cited sources as saying that Radhakishan Rao admitted to his involvement in conducting surveillance on politicians and others under the directions of the then Telangana Special Intelligence Bureau (SIB) chief T Prabhakar Rao.Meanwhile, NDTV reported that Rao claimed devices belonging to media "industry bigwigs, retired cops, and politicians [including from then-ruling BRS] were hacked and monitored".

Britney Spears has alleged that she was robbed at her residence as jewellery has gone missing. The singer posted a video on Instagram claiming that jewellery box was nearly empty. «You guys, for real, all my jewelry was stolen,» Britney Spears posted on Instagram. «See? There’s nothing. Well, there’s a Mother Mary. … I’m scared. It’s all gone. All my jewelry is gone,» Spears stated.

PTI, "And what does Modi do? Play the tabla?"Rabri Devi, RJD's founding president and Lalu Prasad Yadav wife, stated that citing defeat in the Lok Sabha polls, the BJP-led NDA had ‘gone crazy and taken to blabbering’.ALSO READ: Modi says INDIA bloc performing 'mujra' for vote bank; Priyanka Gandhi quips 'no PM ever used such words'On being asked to comment by PM Modi who alleged the INDIA bloc was receiving support from 'jihadis' sponsored by Pakistan, She said, "If it is indeed so, what are the intelligence agencies doing? And before indulging in the dog whistle over Pakistan, they should remember one of their tallest leaders Lal Krishna Advani, who went on to become the deputy prime minister, was born in that country."Slamming the PM from making such comments, All India Majlis-e-Ittehadul Muslimeen (AIMIM) chief Asaduddin Owaisi said the PM was doing disco dance with China when the latter's troops reportedly captured around 2,000 square kilometres of the Indian territory.He took to X and wrote, "@narendramodi Ji, you talked about Mujra, so Asaduddin Owaisi wants to ask you that for the last 3 years, China has occupied 2 thousand square kilometers of Indian land, Modi ji, you are not removing China, so were you doing Disco Dancing with China?"ALSO READ: Tejashwi Yadav, TMC, other opposition leaders condemn PM Modi's 'mujra' remarks: 'Take him to the doctor'"Is this the type of language the prime minister should use? Does Modi think we do not have mouth to speak? (humaare munh mein zabaan nahin hai kya)," Owaisi said.

Iran has further increased its stockpile of uranium enriched to near weapons-grade levels, a confidential report by the United Nations' nuclear watchdog said Monday. The report, seen by The Associated Press, said Iran now has 142.1 kilograms (313.2 pounds) of uranium enriched up to 60% — an increase of 20.6 kilograms (45.4 pounds) since the last report in February. Uranium enriched at 60% purity is just a short, technical step away from weapons-grade levels of 90%.

polling stations, mostly located in North and South 24 Parganas districts of West Bengal, were damaged due to the impact of Cyclone Remal, a senior poll official said on Monday. The disaster also adversely affected preparations for the upcoming seventh and final phase of polling scheduled on June 1, he added. «Most of these polling stations have been badly hit by the cyclone. They are submerged in water or have sustained other types of damage,» the official told PTI. Polling for the nine Lok Sabha seats — Dum Dum, Barasat, Basirhat, Jaynagar, Mathurapur, Diamond Harbour, Jadavpur, Kolkata Dakshin, and Kolkata Uttar — is scheduled on Saturday. Among these, several assembly constituencies under Diamond Harbour and Basirhat seats were hit by the cyclonic storm.

₹25,500 crore in the last few years.Sitharaman said in a social media post that new norms were introduced for transferring Central grants to autonomous bodies and various implementing agencies from FY18, leading to savings of more than ₹15,000 crore till date. This is due to a new interface to release funds ‘just in time’ to these bodies through their accounts with the Reserve Bank of India, which helped in lowering the borrowing cost for the Central government. This mode of transfer, using what is called a treasury single account, is also now leveraged for releasing funds for Central sector schemes to implementing agencies, having an outlay of more than ₹500 crore.

North Korean ballistic missile, reported Reuters.'Stay indoors or find shelter', the Japanese government said over its J-Alert broadcasting system, the report said.Meanwhile, North Korea has said that its attempt to put another spy satellite into orbit has failed, adding that a rocket carrying the spy satellite exploded in mid-air on Monday.Earlier, the South Korean Joint Chiefs of Staff said that the launch vehicle may have failed in flight, adding it had detected "many fragments" in the ocean from the rocket in the sea. The report further said South Korean and US intelligence agencies are investigating whether the launch had failed.“Around two minutes after it detected "what's suspected to be the North's military reconnaissance satellite...

Indian Express, citing food safety officials.The awful findings came to light after Telangana’s food safety department conducted inspections at some of the famous eateries.ALSO READ: Karachi Bakery expired products: Hyderabad store found violating regulations“Most shocking is the lack of basic hygiene in the kitchens, the use of products beyond their expiry date, and the mixing of prohibited synthetic colours in food preparations. Some of the kitchens had big garbage cans without lids," said Vijay Kumar, deputy food director at the Commissionerate of Food Safety, Telangana, as per the report.However, restaurants claim that they prepare meals in hygienic conditions.During the inspection at Shah Ghouse restaurant, the food safety officials claimed to have found semi-cooked food kept in unhygienic conditions in cold storage and stagnant water in the kitchen.ALSO READ: McDonalds, Theobroma outlets in Noida under FDA scanner after customer falls illHowever, the restaurant manager said: “No customer has ever complained of bad food at our restaurant," as per the report.The officials also claimed that they found insects in flour and tamarind at Rayalaseema Ruchulu; and from Rameshwaram Cafe, expired 100 kg urad dal and 10 kg curd were seized.“The waste bins in the kitchen were not covered.

Mark Gurman, in a recent report for Bloomberg, has shed light on what to expect from the upcoming iOS 18 update, which is slated to be released initially as a Beta or Preview version before its official rollout later in September. This soft launch strategy suggests that Apple's AI innovations may still be in the oven, not quite ready for prime time.While Apple has been playing catch-up in the AI race, the company is gearing up for a significant leap forward this year to rival the likes of Google and Samsung.

ALSO READ: Karnataka: Horrific stabbing in Hubbali after woman rejects advancesMeena, a 2016-batch IRS officer currently posted in Delhi, had told the police that Shilpa had locked herself in a room and hung herself from a ceiling fan, according to a report by the Times of India.Meena had also claimed that the room’s door was opened by a security guard, who he had called after Shilpa was not responding for a long time. Shilpa was a human resource staff at Bharat Heavy Electricals Limited (BHEL).

India & Bharat ‘Rural India’ is an excessively elastic term which encompasses everything from the prosperous villages in Tamil Nadu’s industrial belt to water-starved hamlets of Vidarbha and Marathwada. But the vast heterogeneity notwithstanding, rural India has been reeling under some setback or the other for the past few years, from the demonetization of 2016 to the NBFC (non-banking financial company) liquidity crisis in 2018 and finally the hammer blow of covid-19 in 2020. A recovery in the farm sector, therefore, has been keenly awaited by both policymakers and corporate India.