Budget envisages that Rs 84,600 crore of defence goods will be sourced domestically this fiscal. This is around 68 per cent of the total defence capital outlay. Devangshu Datta reports. The move towards indigenisation of defence procurement creates new opportunities for India’s military industrial sector. The Government of India (GoI) […]

EXCLUSIVE: UTA talent rep Allison Hahn has joined Grandview as a manager after being courted by multiple firms. At UTA, Hahn worked with clients including Ashley Nicole Black, Jillian Bell, Jason Mantzoukas and Timothy Simons. She had been at UTA for eight years, starting in the mailroom. She is still […]

EXCLUSIVE: Biotech entrepreneur Jonathan Lim, M.D. is moving into the realm of film production and financing with the launch of City Hill Arts. Lim’s start-up will acquire IP, develop, package, produce and fund projects, while investing in those that meet its criteria, via exceptional writing, talent and collaborators. Executives joining […]

A two-time convict who fatally shot Jacqueline Avant, the wife of celebrated music executive Clarence Avant, during a burglary at the couple’s Trousdale Estates home in Beverly Hills, was sentenced today to 150 years to life in prison. Aariel Maynor, 30, of Los Angeles, pleaded guilty in March to killing […]

The United States spends more on defense than any country in the world, with a 2023 Department of Defense budget request of $773 billion. This includes $276 billion to be allocated toward procurement, research, development, test, and evaluation of major weapons systems for the U.S. military. Maintaining the most dominant, […]

Why hasn’t India produced a single earth-shaking idea like Python or the World Wide Web, asks Ajit Balakrishnan. … and before you flip this page, dear reader, murmuring to yourself: ‘How does it matter? Aren’t the programming languages stuff used by those IT guys who sit in a corner of […]

Asian stocks turned in a mixed performance on Tuesday, as rising bond yields weighed on growth stocks ahead of crucial U.S. inflation data and the ECB policy meeting. Amid elevated risks to global growth, investors continued to monitor developments on the war in Ukraine and the Covid-19 situation in mainland […]

The first aircraft to achieve supersonic flight was the US military’s rocket-powered research plane the Bell X-1, which reached speeds of nearly 1,000 mph in 1947. Since then, supersonic flight has become common in military aircraft. The advantages of hyperfast warplanes are that they can be difficult for enemy radars […]

War never changes, right? Violence has been a hallmark of human behavior as far back as anyone knows. What has changed are the tools people use to carry out violence. Throughout the ages humankind has invented countless weapons. Some have filled specific niches while others became massively popular and were […]

Following the mixed performance seen in the previous session, stocks are likely to move to the downside in early trading on Monday. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 139 points. Weakness in the overseas markets is […]