As part of efforts to enhance its strike capability, the Army is now working on a project to add more teeth to its T-90 main battle tanks by arming them with a third generation missile system.
Currently, the T-90 tanks are equipped with a laser guided INVAR missile system and the Army has decided to replace them with a third generation gun-launched missile.
The Russian-origin T-90 tanks are mainstays of the Indian Army's offensive formations.
Administrative Powers to BRO
The Defence Ministry has delegated administrative and financial powers to the Border Roads Organisation (BRO) to avoid delays in projects of road construction in the border areas.
The powers have been entrusted to the officials up to the level of Chief Engineer and Task Force Commander to improve the pace of execution of works and to achieve the desired outcomes according to the requirement of the armed forces.
As per the Ministry's revised order, a Chief Engineer of the BRO now can accord administrative approval up to Rs. 50 crore, the Additional Director General, Border Roads up to Rs. 75 crore and the DGBR up to Rs. 100 crore for both departmental and contractual mode of execution.
Aug 19, 2017
Brief Scuffle with Chinese Troops
The Indian government confirmed reports of a brief scuffle between Indian and Chinese troops near Pangong Lake in Ladakh.
The Chinese soldiers are said to have attempted to cross the Line of Actual Control near Pangong Lake but were stopped by Indian soldiers.
Vishal Sikka Quits Infosys
Vishal Sikka has resigned as managing director and chief executive of Infosys with immediate effect. Sikka has now been appointed as executive vice-chairman.
Sikka has resigned amid heightened acrimony between the board and the high-profile founders led by NR Narayana Murthy.
Aug 18, 2017
Sanjiv Gupta Appointed President and MD
General Motors India announced the appointment of Sanjiv Gupta as the new President and Managing Director of the company.
Gupta succeeds Kaher Kazem, who will hand over the reins of the company to Gupta effective September 1.
Kazem has been appointed as the President and CEO of GM Korea.
Army to Get Apache AH-64E
The Defence Acquisition Council cleared a proposal to buy six Apache attack helicopters for the Indian Army.
The AH-64E Apache, considered to be one of the most advanced multi-role combat helicopters, will come with associated equipment including spares, training and ammunition.
The AH-64 Apache is an American four-blade, twin-turboshaft attack helicopter.
West Bengal Civic Polls
The ruling Trinamool Congress swept the municipal elections in West Bengal capturing all the seven civic bodies.
The BJP emerged as the main challenger finishing second relegating the Left to the third position.
Of a total 148 wards in the seven civic bodies which went to polls earlier this month, the TMC bagged 140 while the BJP got six seats.
BJP Leads Parties in Receiving Funds
According to a report by the Association for Democratic Reform, the Bharatiya Janata Party received Rs. 705 crore donation in four years, with major chunk of it coming from corporate/business houses.
As per an analysis of Donations from Corporates and Business Houses to National Parties - FY 2012-13 to 2015-16, out of the five national parties, BJP received the maximum donations of Rs. 705.81 crore from 2987 corporate donors followed by the Congress which received a total contribution of Rs. 198.16 crore from 167 corporate donors.
Aug 17, 2017
Decision to Close 199 Cases
The Supreme Court appointed a supervisory body of two former-apex court judges to scrutinise the SIT decision to close 199 cases in the 1984 anti-Sikh riots matter.
A bench headed by Justice Dipak Misra also asked the body to examine the SIT's decision to close additional 42 riots- related cases.
The supervisory body has been asked to examine the issue and submit a report within three months.
All-women Crew To Sail around the Globe
Prime Minister Narendra Modi met the six women officers of the Indian Navy who are due to circumnavigate the globe on the sailing vessel INSV Tarini.
This is the first-ever Indian circumnavigation of the globe by an all-women crew.
The six officers will begin their voyage later this month from Goa and expect to return to Goa in March 2018.
The expedition has been titled Navika Sagar Parikrama and will be covered in five legs with stop-overs at four ports -- Fremantle (Australia), Lyttleton (New Zealand), Port Stanley (Falklands), and Cape Town (South Africa).
Aug 16, 2017
No Ceremonial Meet between Armies
There was no ceremonial meeting between officers of the Indian and Chinese armies on the Independence Day at the strategic Nathu La border amid the continued standoff at Doklam.
But personnel from two sides exchanged sweets.
Earlier, a ceremonial meeting used to take place between the two sides on India's Independence Day which was attended by officers of the Chinese Army.
RBI Dy. Governor’s Post
Following the retirement of S. S. Mundra, a deputy governor at the Reserve Bank of India (RBI), the Centre has identified a list of candidates to fill the post.
Four probable candidates who have been shortlisted are Neeraj Gambhir, Arun Tiwari, Rakesh Sharma, and Suresh Patel.
The RBI has four deputy governors, of whom two are selected from outside the central bank. Of these two, one is traditionally a macro-economist and the other a commercial banker.
The other two deputy governors are promoted from within the RBI’s ranks.
Centre Clears Action Plan for the Coast Guard
Narendra Modi-led government has cleared a five-year action plan for the Coast Guard, costing Rs. 31,748 crore. The approval was made keeping in mind the 26/11 Mumbai terror strike in 2008.
The action programme plans to improve the force-levels of Coast Guard with 175 ships (including patrol vessels, boats) and 110 aircrafts by 2022 to bridge critical operational gaps. The programme also plans to undertake anti-piracy, anti-smuggling, oil-spill and pollution-control operations.