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India eyes $8 bn deal for 100 Avenger Predator drones with US for IAF

India eyes $8 bn deal for 100 Avenger Predator drones with US for IAF

The estimated requirement of IAF is for 100 drones, sources said, adding that if a deal — most likely with San Diego-headquartered General Atomics — goes through, its size could be around $8 billion.

Narendra Modi in Varanasi Live Updates: PM to begin two-day visit to temple city today
Narendra Modi in Varanasi Live Updates: PM to begin two-day visit to temple city today

Narendra Modi in Varanasi Live Updates: Prime Minister Narendra Modi will visit his Lok Sabha constituency today. The prime minister will be in Varanasi on September 22 and 23.

In row with banks, IRCTC disallows a number of lenders to use its payment gateway for debit cards
In row with banks, IRCTC disallows a number of lenders to use its payment gateway for debit cards

Post-demonetisation, IRCTC had waived the convenience fee of Rs 20 it was charging customers. “Every day we are losing 50,000 transactions,” a senior executive with State Bank of India (SBI) said on condition of anonymity.

Why CBDT asking India Inc to estimate future income is a bad idea
Why CBDT asking India Inc to estimate future income is a bad idea

CBDT is now proposing that companies give it advance estimates of their taxes for the year, and if this is going to be lower than the tax paid in the previous year, to give reasons for this.

On clean energy, India has wind at its back, sun ahead
On clean energy, India has wind at its back, sun ahead

India had an installed wind power capacity to the tune of 32.28GW till the end of 2016-17. While we installed 5.4GW (exceeding the target of 4GW) in 2016-17 and 3.423GW (a record then) in 2015-16, its energy programme may be choked for 2017-18 and 2018-19, because it added just about 0.228GW in the first quarter of the current year.

Telecom wars: All arguments fall flat on face of Trai; whose cause is it really serving?
Telecom wars: All arguments fall flat on face of Trai; whose cause is it really serving?

Any decision of the regulator must satisfy these stakeholders, and if all of them feel they are not going to benefit, then the decision needs to be reviewed as to whose cause is being served by the decision of the regulator.

Big relief for Shapoorji Pallonji Mistry firms NCLAT in filing case against Tata Sons
Big relief for Shapoorji Pallonji Mistry firms NCLAT in filing case against Tata Sons

The NCLAT ruling is a big reprieve for former Tata Sons chairman Cyrus Mistry, son of Shapoorji Pallonji Mistry, whose firms own 18.4% in Tata Sons, the holding company for the Tata Group.

Horoscope: By Peter Vidal

Today ( 22 Sep )This Week ( 17 Sep - 23 Sep )

SAGITTARIUS Your creative energy should now be at a peak, but not perhaps because the stars are all on your side. On the contrary, challenging romantic stars remind us of the cliché that all great art stems from… read more

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