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Drones, guns, helicopters: DAC clears Rs 2.12 lakh crore defence buys
On October 26, the Defence Acquisition Council granted Acceptance of Necessity for various capital acquisition proposals. The total worth of these proposals is approximately Rs 2,12,000 crore for the armed forces. A significant portion, about 82%, will be sourced from the Indian industry to promote domestic procurement. The approved procurements encompass a diverse array of platforms and weapons for all three armed forces.
Defence Minister clears Rs 2.12 lakh crore defence proposals: What will the Army, Navy and Air Force get?
India's Defense Ministry has approved defense procurement proposals amounting to Rs 2.12 lakh crore for various services. Approximately 82% of the purchases will be sourced from domestic industry, promoting local manufacturing. The Indian Army will acquire advanced vehicles, guns, surveillance systems, and drones to enhance its capabilities. The Navy is set to receive innovative platforms for modern warfare, including an Active Offboard Decoy System.
44% of India’s GCCs now own platforms and AI outcomes: Report
Global Capability Centres in India are transitioning into AI capability hubs, significantly increasing salaries for digital professionals. The focus of GCCs is shifting from execution to innovation and strategic capabilities. Reports indicate that AI talent in India commands a significant wage premium due to higher demand. As GCCs expand their roles, the need for skilled talent in AI and related fields continues to grow.
5 stocks with consistent score improvement and upside potential of up to 30% in 1 year, according to analysts
When the profit a company is expected to earn gets marked down, the price the market will pay for its stock has to come down too. That has not quite happened, which is why valuations are still high in many parts of the market. So, don’t assume all the damage is already done just because the market has had a few bad days.
Jeep Compass gets new 9-speed automatic diesel variant; check price, features, delivery date
Jeep India has announced the launch of the Compass Sport FWD equipped with a 9-speed automatic transmission. This new variant is priced at ₹21.99 lakh and is the most affordable automatic version of the Jeep Compass. Customers will benefit from additional features like six airbags, cruise control, and a touchscreen infotainment system. The availability of optional accessory packs enhances customization for buyers.
Bigg Boss 20 contestant ScoutOP’s Rs 5 crore home in Gujarat: Private gaming studio, Jacuzzi-equipped bathroom, 5 bedrooms and a lift
ScoutOP, a Bigg Boss 20 contestant, faced scrutiny regarding his closeness with co-contestant Love Gill. His girlfriend, Kaashvi Hiranandani, confronted him about the situation during a recent episode. She expressed her dissatisfaction and embarrassment over his actions on national television. Amidst this controversy, viewers have revisited ScoutOP’s past, including a YouTube tour of his impressive home.
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PM Modi witnesses IAF air show in Varanasi
Prime Minister Narendra Modi graced the air show 'Wings over Ganges' at Namo Ghat, Varanasi, alongside Defence Minister Rajnath Singh and Chief Minister Yogi Adityanath. The event marked the 94th anniversary of the Indian Air Force, featuring spectacular aerial displays. Modi also inaugurated a garment manufacturing unit aimed at empowering local women through job creation, reinforcing commitments to industrial growth and international market engagement.
Despite instability in other parts, India has democratic stability, economic progress: Adityanath
Uttar Pradesh Chief Minister Yogi Adityanath accused political forces of attempting to destabilise India for their own interests, while crediting Prime Minister Narendra Modi’s leadership for economic growth and democratic stability. His remarks came ahead of Modi’s visit to Varanasi for an Indian Air Force air show and inauguration of a garment manufacturing facility.
Tilak Varma’s family was once too poor to own a home. Today, his Hyderabad home worth crores, has a swimming pool, private gym, puja room
Tilak Varma’s Hyderabad home is a study of mixing comfort with elegance. The house is multi-stoered and costs anything from Rs 5 to Rs 10 crores.
Some US runways have pulsing white lights across their path: When switched on, they mark the point where a landing aircraft must stop short
Airports implement Land and Hold-Short Operations (LAHSO) to optimize efficiency and regulate air traffic flow. Strict protocols govern the interactions between pilots and air traffic controllers to maintain safety throughout these procedures. While runway hold-short lights serve as vital visual indicators, questions about their reliability linger. Discrepancies between marked taxiway regions and hold-short areas have surfaced, highlighting potential safety concerns as airport traffic continues to rise.
OpenAI acquired his startup in 2024. Now Alexander Embiricos leads a new AI product
Alexander Embiricos spent five years building Multi, a collaboration app for software developers, before OpenAI acquired the startup in 2024. He later became a product lead on Codex and now leads Dots, OpenAI’s personal AI agent designed to handle tasks in the background.
Pawan Hans asked to chart financial and organisational turnaround plan by December
The Department of Public Enterprises has requested Pawan Hans to draft a five-year turnaround plan. This plan should address financial restructuring and operational efficiencies in addition to exploring new revenue streams. After a meeting in September, the company management will seek expert consultancy support to create this plan. The government allocated ₹450 crore for fleet modernization to strengthen indigenous helicopter capacity.
Inflation stays high, growth slows, central bankers face a bigger challenge, says RBI Guv Malhotra
RBI Governor Sanjay Malhotra highlighted the challenges faced by central banks due to global uncertainties and supply chain issues. He noted the elevated global inflation and lower growth forecasts impacting monetary policy decisions worldwide. India entered this phase with strong macroeconomic fundamentals, maintaining growth at 7.8% despite rising inflation levels. The RBI's goal remains to achieve price stability while ensuring financial market order and health.
French authorities deploy 70,000 officers for Saturday protests; Louvre and other museums closed
Demonstrators plan to take to the streets again Saturday to denounce the high cost of living. Students, members of the CGT labor union and activists from the " yellow vest " movement, whose demonstrations against social injustice shook France in 2018 and 2019, are all set to join.
Manipur cabinet approves Pawan Hans to resume helicopter services
The Manipur cabinet has engaged Pawan Hans Limited to restore helicopter services for remote areas. One helicopter will operate for six months, helping with passenger transport and medical emergencies. Loktak Day will be celebrated annually, starting on 26 October 2026, honoring Loktak Lake. Chief Minister Yumnam Khemchand Singh met with village representatives to discuss community issues and infrastructure needs.
NCDEX launches NDEX and FINNDEX to expand into equity benchmarks
NCDEX has launched NDEX and FINNDEX, two equity benchmarks tracking 20 large, liquid Indian stocks and 15 financial sector companies. Their multi-factor methodology incorporates market capitalisation, trading activity, beta and volatility, with semiannual rebalancing.
Indian Army's new warfare doctrine: Rajnath Singh to unveil how the Army plans to tackle threats from China and Pakistan
Defence Minister Rajnath Singh will unveil the Indian Army's new land warfare doctrine, outlining how the force plans to adapt to modern combat involving drones, artificial intelligence, precision strikes and multi-domain operations.
58% of engineers want FDE roles, but 90% lack upskilling roadmap: Report
A report reveals that nearly 58 percent of engineers desire to transition into forward-deployed engineering roles. Despite this interest, nine in ten engineers are not aware of pathways for upskilling. Furthermore, most engineers feel unclear about the FDE role and career advancement opportunities. Indian enterprises are anticipating a growing demand for FDEs by 2030, particularly in multinational companies.
'Wings Over Ganga': IAF's mega air show roars over Varanasi ghats; Rafale, Sukhoi steal the show
Thousands of spectators gathered along the banks of the Ganga River to witness the air show. The Indian Air Force showcased fighters, including Rafale, Sukhoi, and indigenous Tejas, demonstrating its air combat prowess. The event coincided with the IAF's 94th anniversary, highlighting India's military capabilities and heritage. Defence expert Sanjeev Srivastava emphasised the significance of this historical location for the aerial display.
Transrail bags new orders worth Rs 927 crore in India, abroad
The order wins mainly include EPC projects in the domestic market for 765kV and 400kV transmission lines. It also includes conductor supply orders to the USA, Transrail said. The company's MD and CEO Randeep Narang said, "With a strong foothold in the domestic market and an expanding international business, we are focused on building a well-diversified business across our products and services."
Transrail Lighting shares rally 9% after bagging orders worth Rs 927 crore
Transrail Lighting shares rose nearly 9% after the company secured fresh orders worth Rs 927 crore, taking its financial year order intake to Rs 3,356 crore. However, foreign institutional investors trimmed their stake in the company during the September 2026 quarter.
Varanasi to witness IAF's 'Wings Over Ganges' aerial display on October 25
Varanasi is preparing to host the Air Force Day Aerial Display-2026 at Namo Ghat on October 25. The event will feature various aircraft, including frontline fighters like SU-30MKI and Rafale, showcasing aerial prowess. It aims to inspire youth by introducing them to aviation and career opportunities in the Indian Air Force. Organisers emphasise the importance of training, technology, and operational preparedness behind the aerial performances.
Sony’s Gaurav Banerjee dismisses concerns over foreign investment in India’s media sector
Citing the presence of YouTube, Netflix and Amazon, Banerjee said global media companies recognise India’s long-term growth potential and continue to invest billions of dollars in the market.
Shimla-Rampur-Reckong Peo helicopter service to start on October 21
Helicopter services linking Sanjauli in Shimla with Rampur and Reckong Peo will begin on October 21. The service aims to improve air connectivity and provide easier transport options for residents in remote areas. It will operate three days a week, offering timely departures and arrivals. Chief Minister Sukhvinder Singh Sukhu announced this initiative to enhance regional transportation.
Saudi helicopter crash near Yemen border kills 2; Houthis claim Apache takedown
Two crew members died after a Saudi AH-6i helicopter crashed in the Najran region near the Yemen border due to a technical malfunction, the Saudi-led coalition said Sunday. The Houthis had claimed a day earlier that they shot down a Saudi Apache helicopter in the area, leaving it unclear whether both accounts concerned the same aircraft.
Watch it fly over cars using thrusters, do a backflip and land like a helicopter: The futuristic SpaceX-powered 2nd-generation Roadster by Tesla is here
Tesla revealed its redesigned second-generation Roadster at a Texas event attended by Elon Musk. The car features high-powered thrusters enabling it to perform unique maneuvers such as flight and jumping over vehicles. Tesla announced that the Roadster's deliveries are expected to begin in 2028 after significant delays. New reservations are being accepted, with varying trim options available for potential customers.
Indian Navy to get another indigenous multipurpose ship built by L&T: What are its capabilities, role
The Indian Navy will induct INS Samarthak at Karwar on October 16, 2026. Built by L&T, the 107-metre multi-purpose vessel is designed for maritime surveillance, weapons trials, unmanned-system operations, naval training, towing and disaster relief. Equipped with guns, anti-submarine systems and electronic countermeasures, it is the first of two vessels being built under an Rs 887-crore contract.
India's first C-295 aircraft just 2 months away; the speed of IAF modernisation can be faster: Air Chief Marshal AP Singh
Indian Air Force Chief Air Chief Marshal AP Singh recently underscored the advancements made with the C295 transport aircraft while noting some minor production setbacks. He pressed for a swift enhancement of capabilities, especially concerning the postponed Tejas Mk-1A programme. Singh also highlighted new developments in firefighting training and the IAF's focus on fostering indigenization initiatives.
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