2000TH AERO ENGINE
Self-reliance in aero-engines foundation of India's aerospace sovereignty: Rajnath Singh
Defence Minister Rajnath Singh recently celebrated the remarkable milestone of HAL's Koraput Division delivering its 2,000th aero-engine. This new Shakti engine line is set to manufacture up to 100 engines each year, reinforcing military readiness. He emphasized the necessity of developing indigenous capabilities for defense projects, notably the Advanced Medium Combat Aircraft, while calling for strengthened ties with MSMEs and educational institutions, highlighting Odisha's pivotal role in the aerospace industry.
Vinir Engineering files DRHP with SEBI for fresh issue of up to 7.1 crore shares
Vinir Engineering has filed its DRHP with Sebi for an IPO comprising a fresh issue of up to 7.1 crore shares, with proceeds earmarked for plant and machinery, working capital, acquisitions and general corporate purposes.
Stock Radar: Engineers India stock hits fresh record high in September after decisive breakout; time to buy?
Engineers India Ltd broke out from two years of consolidation to reach a record high in September 2026. The company's stock has risen more than 11% in a month and over 30% in the last three months. Analysts suggest that short-term traders can consider buying the stock for potential targets above 330 levels. The technical setup indicates strong bullish momentum and potential upside towards 335 to 345 levels.
German Mittelstand expands engineering and technology operations in India
German mid-sized companies are increasingly expanding their engineering and technology operations in India, particularly in Bengaluru. More than 80 German companies operate over 150 global capability centre (GCC) units employing over 130,000 professionals. Access to engineering talent and skilled professionals in India drives this rapid growth, which has seen GCCs grow by 108% in five years. Many of these companies now collaborate with universities and startups to enhance capabilities further.
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Who is Nobel winner Karl Deisseroth? And all about optogenetics that could restore sight in visually impaired people
The 2026 Nobel Prize in Physiology or Medicine has been awarded to Karl Deisseroth, Peter Hegemann, and Georg Nagel for their groundbreaking contributions to neuroscience and optogenetics. This innovative technique enables researchers to manipulate nerve cells with light, offering profound insights into brain functionality. Their work has opened doors to understanding neurological and psychiatric conditions, showcasing the significance of their research in advancing future medical science.
GST Council likely to align export definition with forex earnings, clarify on overseas branch services
The GST Council is expected to review a proposal to redefine the definition of export for services. This proposal aims to remove ambiguities related to services provided through overseas branches of Indian companies. The changes are anticipated to enhance clarity for exporters and reduce litigation regarding service supply locations. Additionally, this could benefit various sectors including IT, consulting, and engineering firms.
8th Pay Commission calculator: What can Level 6-8 salaries be at 2.0, 2.15, 2.28 and 2.57 fitment factors?
8th Pay Commission news: The 8th Pay Commission is set to begin discussions in Bengaluru starting October 7, focusing on employee salaries and related issues. Various government departments are tasked with gathering employee data to aid in compiling a comprehensive report. Early recommendations indicate potential fitment factors that could boost minimum salaries considerably. These suggestions will also influence pension adjustments for government employees.
Rajnath Singh to lay foundation stone for Shakti engine facility at HAL in Odisha's Sunabeda
Defence Minister Rajnath Singh is set to lay the cornerstone for state-of-the-art Shakti engine facilities in Koraput on October 6. After a stop at Hindustan Shipyard in Visakhapatnam, Singh will emphasize enhancing India’s self-sufficiency in military engine production, cutting down on imports. HAL’s Koraput unit has been instrumental in crafting engines for modern fighter jets, with rigorous security protocols arranged for his arrival.
Newark airport used coal waste in runways built for jumbo jets: What FHWA found 20 years later
A 1970s pavement project at Newark International Airport in New Jersey used coal fly ash, lime, Portland cement and sand to create a stabilised base beneath runways and aircraft areas. A later Federal Highway Administration evaluation found the pavement sections were still performing satisfactorily after more than 20 years, while also noting the risk of cracking and the importance of careful mix design.
US Stock Market prediction for Monday, October 5: S&P 500, Nasdaq, Dow Jones, Russell 2000 investors eye positive trading today, top stocks to watch out
US Stock Market prediction: As the fourth quarter kicks off, the stock market is already on pace for a solid year. The benchmark S&P 500 as of Friday had gained nearly 13 per cent in 2026, and sat about 1 per cent below its mid-August record high.
Defence stocks: Time to change strategy in a bearish market? An ecosystem with down and upside potential of -39% to plus 37%
The current fall is both at the level of the indices and the broader market. And when the selling is this broad, almost every sector is affected. But they do not all feel it equally, and it is worth knowing why every sector behaves differently at different points of time. Stock Reports Plus, powered by Refinitiv, is a comprehensive report that evaluates five key components of 4,000+ listed stocks – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. The simple average of the above-mentioned five component ratings is normally distributed to reach an average score.
Betting syndicate seeks to ride AI wave, ED suspects over ₹2,000 crore funnelled abroad as ‘AI investments’
ED’s Parimatch probe first unearthed betting syndicate’s ‘AI investment’ modus. The Enforcement Directorate suspects illegal betting networks may have moved more than Rs 2,000 crore out of India by disguising proceeds as overseas investments in technology and AI companies. The probe, including into Parimatch, is examining layered transactions, inflated valuations and offshore entities allegedly used to route funds to ultimate beneficiaries.
Shipping Corporation of India expects Rs 2,000 crore profit this fiscal: Sarbananda Sonowal
Shipping Corporation of India expects profit after tax to exceed Rs 2,000 crore in FY27, Union Minister Sarbananda Sonowal said Friday. The Navratna PSU plans to expand its 58-vessel fleet by procuring more than 34 vessels through petroleum-sector joint ventures and adding 51 container vessels with CONCOR and four major ports.
8th Pay Commission: When can 8th CPC report be implemented? Experts explain
The 8th Pay Commission will have discussions in Bengaluru on October 7 and 8 to finalize important recommendations. Officials from various employee associations share differing expectations regarding the report's submission timeline. While some believe the report could be submitted as early as February 2027, others anticipate a later date in May 2027. Implementation delays may result in beneficiaries receiving arrears for the postponed rollout of recommendations.
8th Pay Commission pension estimates for Level 5-9 employees: Can they get up to Rs 68,000 minimum basic pension at retirement?
8th Pay Commission pension calculator: Around 69 lakh pensioners fall under the central government's administration, with most benefiting from the Old Pension Scheme. Employee organisations are urging changes to the terms of the 8th Pay Commission to accommodate earlier revisions in pensions. The 8th Pay Commission has an 18-month deadline to submit its report. Modifications for Level 5-9 employees’ pensions will hinge on forthcoming fitment factors and estimates released alongside the commission's findings.
Adani Group has Rs 2.6 lakh crore projects completed or under execution in Maharashtra: Pranav Adani
Adani Group has projects worth Rs 2.6 lakh crore completed or underway in Maharashtra, with its overall investment blueprint exceeding Rs 6 lakh crore. Investments span energy, aviation, data centres, urban redevelopment and transmission, alongside major Mumbai infrastructure projects.
In 2016, an entrepreneur invested $2,000 in a pet-hair lint roller; years later, his Amazon business generates $10 million
Kyle Binder, founder of PetLovers, started his e-commerce business with $2,000, a student grant and a single Amazon listing for a lint roller. The business evolved into an international pet hair removal brand that generated $10 million a year in revenue. Binder explains in a How I AI episode how he uses artificial intelligence, automation and data to run the company’s operations. He talks about PetLovers Cortex, its own AI system based on LLMs, and tools like ChatGPT, ClickUp, Odoo and the Amazon Seller SP-API. The conversation also covers sustainable systems, inventory, analytics, workflow, hiring and business strategy.
SAF production: Air France-KLM to seek alliances in India
Air France-KLM is set to increase its weekly flight frequency in India from 42 to 54. This decision aligns with the growing demand for passenger travel throughout the region. Additionally, the company intends to explore partnerships for sustainable aviation fuel production in India.
India's fighter jet engine efforts get a big boost: Desi Kaveri engine clears key step in Russia, ready for integration with stealth UCAV ‘Ghatak’
India's Kaveri dry engine has completed high-altitude and flight trials in Russia, recording 48.5 kN of peak dry thrust against its target of 46 kN. Developed by DRDO, the engine is intended for India's planned Ghatak stealth UCAV.
8th Pay Commission arrear calculator: Why Level 7 employees may lose Rs 3.32 lakh due to 8th CPC report implementation delay
Central government employees are eagerly anticipating the 8th Pay Commission's report, which is expected to be submitted by November 2025. Any delays may result in considerable financial setbacks for them, as salary revisions will take effect from January 1, 2026. It's important to note that employees will only receive arrears on their basic salary and not on their allowances.
Odisha Protests: Agitation against textbook errors; roads blocked, protesters demand Education Minister's resignation
Members of Naba Nirman Krushak Sangathan and Nabnirman Yuva Chhatra Sangathan protested in Bhubaneswar, blocking a national highway. They called for a 12-hour statewide Odisha bandh over alleged errors in school textbooks. The protesters claim more than 2,000 errors are present in textbooks for Classes 1 to 8 and that corruption occurred. Despite ongoing protests, government representatives have not engaged with the protesters regarding their demands.
Azad Engineering shares jump 10% as company expands GE Vernova's manufacturing footprint
Azad Engineering shares jumped after the company inaugurated two dedicated lean manufacturing facilities for GE Vernova’s Gas Power business in Hyderabad, expanding its dedicated manufacturing footprint for the global energy major to three facilities.
Tata Projects partners with Canadian firm MDS Aero to advance aero-engine testing infra in India
Tata Projects has entered a strategic partnership with MDS Aero Support Corporation to improve aero-engine testing infrastructure. This collaboration supports the development of testing facilities for India's aerospace sector. Tata Projects will oversee key infrastructure elements like civil works and high-air-pressure systems. MDS Aero Support will provide their specialized knowledge in engine testing technologies and lifecycle support. Together, these companies aim to strengthen aerospace technology ties between India and Canada.
Tata.Cars launches Aeris compact sedan at starting price of Rs 5.29 lakh
Tata.Cars has introduced the all-new Aeris compact sedan, targeted specifically at personal car buyers. Pricing for the petrol variant starts at ₹5.29 lakh and ₹6.29 lakh for the iCNG version. Bookings for the Aeris are now open, and deliveries are expected to begin shortly. The Aeris features modern design elements and advanced technology aimed at enhancing customer experience. This model will not enter the fleet segment as Tata.
Adani Group sets Rs 1 lakh crore Bengal investment target, unveils Rs 4,000 crore hospital
Gautam Adani announced plans to invest over Rs 4,000 crore in a healthcare facility in West Bengal. This investment will establish a 2,000-bed not-for-profit medical institution by 2035. Of these beds, 1,000 will be allocated for economically weaker sections under health insurance schemes. The overall plan aims for investment exceeding Rs 1 lakh crore in various sectors.
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