IAF CHIEF B S DHANOA
FCNR-B deposits: Economic benefits outweigh hedging costs, says Sanjay Malhotra
The RBI had introduced the special USD-INR forex swap facility on June 8, 2026, as part of efforts to strengthen foreign exchange reserves and support balance of payments conditions. The facility allowed banks to offer higher interest rates on FCNR(B) deposits by transferring the currency hedging cost to the central bank.
Moving in right direction, but pace can be improved: Air chief marshal on eve of IAF anniversary
During the 94th anniversary celebrations, Air Chief Marshal A P Singh of the Indian Air Force addressed his air warriors, emphasizing the need for a quicker pace in improvements. He noted the transition from a platform-centric model to a focus on overall capabilities. Singh pointed out specific delays in crucial projects like the LCA Mk-1A, while also acknowledging the IAF's diverse partnerships through various operations and humanitarian missions.
Edtech firm ByteXL raises $9 million in Series B round led by Elevar Equity
Existing investors Kalaari Capital and the Michael & Susan Dell Foundation also participated in the round
As India Inc wants staff to dress the part, uniforms become all the rage
India's B2B apparel market is growing rapidly, reaching $2.1 billion and more than doubling in recent years. Companies now seek smart uniforms for their employees to project a brand image and ensure safety. The gig economy is creating new demand for uniforms as delivery workers and service professionals become increasingly visible. The overall apparel industry is also expected to grow significantly, reaching $146 billion by 2029.
Freddie Jackson was trained as a gospel singer before becoming one of R&B's biggest stars
Freddie Jackson, the beloved R&B singer, has passed away at the age of 70 after a courageous fight with kidney disease. A native of Harlem, he captured hearts with timeless hits like 'You Are My Lady' and 'Rock Me Tonight.' His music, cherished by many, defined moments across generations. Despite health challenges, Jackson's impact remained significant.
Air Marshal Ashutosh Dixit appointed new Chief of Air Force, replacing Amar Preet Singh
Air Marshal Ashutosh Dixit has been appointed as the new Chief of the Indian Air Force. He succeeds Air Chief Marshal Amar Preet Singh after a long and distinguished career. Dixit has flown various aircraft and logged over 3,500 hours of flying. He is recognized for promoting indigenous aircraft projects, particularly the LCA Tejas. Air Marshal Dixit is expected to further advance the government's Aatmanirbharta initiative.
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Type One Energy raises $200 million to develop world’s first commercial fusion reactor
The Series-B round, which takes total funding to-date to more than $400 million, is the third-biggest sector Series B raise over the last five years, data from industry tracker PitchBook showed. The company did not disclose its valuation.
H-1B visa violators face up to $250,000 fine under new US bill
A new US House bill proposes sharply increasing penalties for serious H-1B violations, including raising one maximum fine from $35,000 to $250,000 and extending programme bans from at least three years to at least 10 years. The H-1B Visa Fraud Crackdown Act would also increase penalties for other visa and document-fraud violations, but it has only been introduced and has not yet become law.
AAP steps up Oct 10 protest plans, prepares backup leadership amid arrest fears
Aam Aadmi Party leaders are making arrangements for an upcoming protest on October 10. They anticipate possible arrests of key leaders and have devised backup plans. Organizers are committed to ensuring the movement remains peaceful and democratic despite any challenges. Communication strategies are being discussed in light of potential disruptions to social media accounts.
Lockheed Martin to expand production in India, if it wins transport aircraft bid
Lockheed Martin is planning to enhance its production capabilities in India based on a tender for 60 medium transport aircraft. This procurement is valued at USD 10.5 billion, attracting several Indian firms as partners. Lockheed Martin's proposal includes 12 flyaway aircraft and 48 to be manufactured in India. The company aims to upgrade the existing C-130J fleet of the Indian Air Force.
Monthly stipend for senior, junior resident doctors to increase from Rs 75,000 to Rs 1 lakh: Uttarakhand CM Dhami
In a significant announcement, Uttarakhand Chief Minister Pushkar Singh Dhami revealed a raise in stipends for Senior and Junior Resident doctors, elevating them from around Rs 75,000 to exceeding Rs 1 lakh. Furthermore, the deadline for regularising 'Class B' lands in areas like Dehradun has been prolonged by one year.
IAF Chief Marshal A P Singh hails Smit Machchha's bravery
IAF Chief Air Chief Marshal A P Singh on Saturday praised Captain Smit Machchhar for his bravery after the flydubai pilot was stabbed and seriously injured by his co-pilot during a flight from Dubai to Tel Aviv. Machchhar helped save the aircraft carrying 174 people, which made an emergency landing in Saudi Arabia.
"We possess necessary capabilities": IAF Chief AP Singh on countering Chinese 5th-gen aircraft challenge, urges push for AMCA
Indian Air Force Chief Air Chief Marshal AP Singh addressed concerns about Pakistan potentially acquiring Chinese fifth-generation aircraft. He emphasized that India possesses the capabilities to respond effectively to such threats. Historical context suggests that advanced platforms alone do not guarantee success for Pakistan against India.
India may finalise 114 Rafale fighter jet deal with France by current financial year: IAF chief
India is planning to finalize a significant multi-role fighter aircraft deal by the end of this financial year. The proposed acquisition involves purchasing 114 Rafale fighter jets to enhance the Indian Air Force's capabilities. Current negotiations are focused on price and other important issues related to the procurement. The Chief of Air Staff emphasized the need for increased air power and self-reliance in manufacturing capabilities.
IAF chief hints at foreign fifth-gen fighter option if AMCA is delayed, cites Russia's Su-57 offer
IAF chief Air Chief Marshal Amar Preet Singh has indicated that India could examine foreign fifth-generation fighter options if the indigenous AMCA programme is delayed. Russia has offered its Su-57 fighter, although Singh said no decision has been taken. The IAF is also seeking to expand its fighter fleet as squadron strength remains below the authorised level.
Karnataka man, in contact with Pakistan-based terrorist, held
Vishal Kumar Metre, a 24-year-old resident of Bhalki Taluk in Bidar, has been arrested on terrorism charges. He allegedly communicated with Shahzad Bhatti, a recognized terrorist in Pakistan, using social media platforms like WhatsApp and Instagram. Initially denying ties to terrorist activities, he ultimately handed over his phone, which uncovered discussions focused on illegal weapons and anti-national endeavors.
Kashi all set to host 3-day IAF air show; PM Modi may come
Kashi is preparing to host an Indian Air Force air show from October 24 to 26 this year. Prime Minister Narendra Modi and Defence Minister Rajnath Singh are expected to attend the event. Uttar Pradesh Chief Minister Yogi Adityanath has reviewed preparations and arrangements for spectators. Officials are focused on ensuring crowd management and emergency arrangements across Varanasi.
Indian Air Force to get separate drone force? IAF chief AP Singh reveals what the force plans
IAF chief Air Chief Marshal AP Singh has ruled out creating a separate drone force, saying unmanned systems and loitering munitions should remain integrated with the Indian Air Force’s existing weapons and platforms. He described drones as an “evolutionary” capability for the force and said their numbers, types and operational use are being expanded.
Bengal CM Adhikari claims Mamata Banerjee faked leg injury during 2021 election campaign, CID to investigate
Suvendu Adhikari has alleged that Mamata Banerjee misrepresented her leg injury during the 2021 elections. He stated that reports from the hospital confirmed no fracture was present. After the bypolls on October 6, Adhikari intends to reveal documents supporting his claims. He called for the minority community’s support during his campaign in Nandigram. Adhikari aims to honor the memory of Chandrnath Rath and assure development in the area.
H-1B programme ‘completely broken’, says JD Vance; backs its abolition
US Vice President JD Vance has called the H-1B visa programme “completely broken” and said he would support abolishing it, arguing that companies use it to replace American workers with cheaper foreign labour. He also defended the administration’s $100,000 H-1B fee and broader curbs aimed at protecting US workers, even as the fee faces ongoing legal challenges.
Buxa to get its first tigress as Bengal begins tiger reintroduction drive in north
A tigress translocated from Bihar’s Valmiki Tiger Reserve will be released into West Bengal’s Buxa Tiger Reserve on Friday, marking the first such exercise in Bengal and eastern India. The move aims to restore the reserve’s tiger population, strengthen the ecosystem and boost tourism in the Dooars region, officials said.
H-1B visa fee: Second US judge blocks Trump’s $100,000 charge
A federal judge recently blocked a substantial fee that was imposed on H-1B visas by Donald Trump. The ruling was based on the failure of government agencies to follow necessary procedures. A coalition of unions and nonprofits had sought this legal action, with another judge already blocking the fee in Boston. Trump's extension of the fee has raised concerns among businesses that rely on skilled foreign workers.
US H-1B lottery changes from October 1: What Indian workers should know about new wage-based selection system
Starting October 1, 2026, the US will implement a new H-1B visa selection method based on higher wages. This new system will give more entries to registrations at higher wage levels, improving chances for applicants. Indian professionals, who represent a significant portion of H-1B workers, will be particularly affected by these changes. Employers will need to provide evidence supporting wage claims during the registration process to avoid issues.
'Strengthening coordination, readiness': US embassy hails F-35 debut at Tarang Shakti 2026 in India
The second edition of multinational air exercise Tarang Shakti 2026 is underway in Jodhpur, featuring advanced fighter jets like the US F-35A. Running until October 12, the drill promotes interoperability, joint training, and strategic defence cooperation among participating global air forces.
LCA Mark 1A induction expected in 1-2 months as engine issues resolved, testing underway: IAF Vice Chief Ashutosh Dixit
Earlier, Hindustan Aeronautics Limited (HAL) Chairman and Managing Director Ravi Kumar said that deliveries of the indigenous Light Combat Aircraft (LCA) Tejas Mk1A to the Indian Air Force (IAF) are facing setbacks due to software integration challenges.
US stealth fighter F-35 among global air assets to headline Exercise Tarang Shakti in Jodhpur
The Indian Air Force announced that seven foreign nations—including the US, France, Germany, Australia, Bangladesh, Sri Lanka, and the UAE—will participate in the second edition of Exercise Tarang Shakti at Jodhpur Air Force Station from September 26 to October 12. Marking its first participation in the multilateral air exercise, the US multi-role stealth fighter F-35 will feature alongside India's Rafale, Su-30 MKI, and Tejas aircraft in joint tactical maneuvers aimed at enhancing global interoperability.
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