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Subscribe to enjoy similar stories. The Indian Air Force (IAF) is not only short of an adequate number of aircraft to protect our skies, but will see its capabilities weaken over time, unless corrective action is taken immediately. In my estimate, a significant proportion of IAF’s fighter aircraft fleet is down due to a shortage of Russian spares, and the rest are sparingly used to ensure that they don’t fly into a spares crunch.

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Factor this, at the December 21, 2024, meeting of the National Board of Wildlife- Gujarat has emphasised the need for population control for leopards and crocodiles while Andhra Pradesh has pointed to increasing Black buck and Sloth bear populace besides migrant elephants from other states. The chief wildLife warden, Ladakh, specifically drew attention to the menace of over 4000 free ranging feral dogs in Protected Areas of Ladakh. Ladakh has time and again raised concerns on increasing feral dog population fed off leftovers at army camps located near border areas.

Neeraj Chopra, along with the support of World Athletics and the Athletics Federation of India will be bringing a Continental Tour Javelin-Only competition to the country. While the venue is yet to be finalised, the event is slated to take place in May this year and will see some of the best male and female javelin throwers from around the world — headlined by Chopra — compete on Indian soil for the first time. Speaking on the event, Chopra said, «It has been a longstanding dream of mine to organise and bring a world-class javelin competition to India. With the help of JSW Sports and the Athletics Federation of India, we are making this happen. I am sure that my fellow athletes and the fans in India will both create an experience that will be spoken about for a long time. I am excited to see how big we can make this,» as quoted from a release by JSW Sports Media.

Diablo Immortal Season 34, titled Astride the Abyss, brings fresh updates, rewards and challenges for players. It introduces a new Battle Pass system and updates the storyline for an engaging experience.

At the launch event on Thursday (9 January) attended by Investment Week, chair Helena Morrissey revealed the third iteration of the programme will also see the first cohort training to become traders. Ten members of the 2025 cohort will be aided by four senior traders in the City to help with the training and curriculum. Diversity Project launches third Pathway Programme with track for traders Around 240 women have taken part in the programme since its inception when including the current cohort, Morrissey noted, with 60 in 2023 and 80 in 2024. Speaking to IW, Morrissey pointed ...

Paris Olympics silver medallist Neeraj Chopra has been named the best male javelin thrower in the world in 2024 by globally-renowned American magazine 'Track and Field News'. The 27-year-old Chopra, who was beaten by Pakistan's Arshad Nadeem for the Olympic gold medal in August last year, pipped two-time world champion Anderson Peters of Grenada for the top spot in the 2024 rankings published by the California-based magazine. Nadeem was ranked fifth as he competed in only one event in 2024 besides the Olympic Games where he came up with a monster throw of 92.97m as against 89.45m of Chopra. He finished fourth in Paris Diamond League. Founded in 1948, the magazine, which claims itself to be 'The Bible Of The Sport', publishes world and American rankings every year. The magazine is considered an authority in global track and field circles.

GMM Pfaudler, domestic brokerage firm Ambit has initiated coverage on the stock with a «Buy» rating and a 24-month target price of Rs 2,400, suggesting a substantial 89% upside for the stock. “GMM trades at 30x FY26E P/E (12x EV/EBITDA), a 25-35% discount to its peers given earlier growth/margin issues due to deceleration in end-user capex. Valuations should re-rate with end-user capex uptick driving earnings rebound. We bake in 9%/12%/14% rev/EBITDA/FCF CAGR and expect GMM to scale 5x over FY24-41E (7x, FY19-24),” said Ambit in its report.

State Bank of India chairman CS Setty on Friday pitched for the creation of a market infrastructure institution to track the end-use of funds borrowed or raised as equity by small businesses. A «viable mechanism» is needed to ensure that the funds are used for the intended purposes, Setty said in remarks which come amid heightened concerns on the subject of end-use of funds. «We will require a viable mechanism to track the actual use of these funds to ensure that the funds are utilised for the purposes they have been raised for, probably through the establishment of a separate market infrastructure institution with powers to track the use of borrowed funds or the funds raised through equities,» Setty said. Addressing a conference organised by the Sebi-promoted NISM here, Setty said the creation of such a platform will provide comfort to lenders as well as investors, and make pricing more competitive.

The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since July

Subscribe to enjoy similar stories. TEL AVIV—After a year marked by war and calls for isolating Israel on the world stage, its defense industry is on track to sell more weapons than ever in its history, spurred by foreign demand for its aerial-defense systems and significant government spending aimed at funding Israel’s ongoing military campaigns.

According to Joseph Hill, senior investment analyst at HL, Ure is an «experienced investor» who has contributed significantly «as manager of this fund, but also as head of responsible investment until the end of 2022». Former Sky Betting CEO Richard Flint lined up for Hargreaves Lansdown chair role «In this role in particular, he was important in establishing the ESG policies and processes now in place,» Hill noted. In addition, he added that Blake Hutchins, who has been appointed manager of the fund, «does not have his own track record in managing an ethical fund». Hutchin...

Subscribe to enjoy similar stories. Nifty 50, India’s benchmark index, closed 92 points higher on Tuesday, ending its two-day losing streak to settle at 23,207.90. The index opened with a gap-up, tracking positive global cues, and traded within a narrow range of 23,637–23,795.

Subscribe to enjoy similar stories. MUMBAI : Before joining the mutual fund industry in 1991, Prashant Jain took a civil service exam. He answered one question.

Union Budget 2025 Expectations LIVE Updates: What do industries look forward to from Finance Minister Nirmala Sitharaman ahead of the upcoming Union Budget 2025?Union Budget 2025 Expectation Live Updates: Taxation expert Harsh Bhuta, Partner at Bhuta Shah and Co LLP told Livemint he looks forward to “promised comprehensive review of the Income-Tax Act" making it “concise, lucid, easy to read and understand" and thereby less complicated.Among his suggestions include: fast track appeals pending at first appellate stage, with focus on disposing old appeals in a time bound manner and introduction of dedicated dispute resolution mechanism, reduced tax rates for existing taxpayers by broadening base among others.Union Budget 2025 Expectations LIVE Updates: Good morning and welcome to Livemint's LIVE coverage of the upcoming Union Budget 202.

Mercedes-Benz India has announced an organizational change in its Finance & Controlling function effective since 1st January 2025.  Emrah Ozer, currently associated as the Member of the Board of Management and Head of  Finance & Controlling, at Mercedes-Benz Otomotiv Turkey, is appointed as the Chief Financial  Officer, Mercedes-Benz India.

Indian-origin woman, was abandoned by her biological mother and later adopted by a Spanish couple. Now, as an adult, she has returned to Odisha, India, in search of her birth mother. A researcher in children's education based in Spain, Sneha embarked on this journey with limited knowledge of her past. Her Spanish parents, Gema Vidal and Juan Josh, have supported her throughout the process, even accompanying her to India in her quest to trace her roots.

Subscribe to enjoy similar stories. The Indian economy's performance continued to display signs of weakness in November as was recorded in the previous month, showed the 16-high frequency indicators tracked by Mint in its monthly macro tracker. Six indicators remained in red, while the number of indicators in green fell to six from seven.

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