Author
Manish Kumar Jha is an Associate Editor, BW BUSINESSWORLD & BW DEFENCE. He writes on the Foreign affairs, International Trade & Defence. His global coverage-on the ground- spans more than 25 countries worldwide. Received International Press Fellowship award.
The RBI's Monetary Policy Committee (MPC) has voted in favour of an interest rate cut to the tune of 75 basis points. Repo rate is down to 4.4 per cent. Shaktikanta Das announced measures through which a total Rs 3,74,000 crore will be made available to the country's financial system.
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Marking out its most coveted unit, the Armed Forces Medical Services (AFMS) which is famed for its international outreach and peace movement across the globe has swiftly gone on task. The Indian armed Forces' resolve came with the response that Forces are prepared to take the challenges with all its might and will continue to support the National effort.
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India's role in Africa is well documented as a development partner. The strength of such partnership is based on the shared historical injustice and the exploitation of the resources in the past. From infrastructure to digital revolution and sustainable development, India -- Africa partnerships are unfolding in a much greater way. But there are impediments as well that pose challenges. Ashwajit Singh, Managing Director, IPE Global has been driving many developmental projects in Africa. He speaks with BW Businessworld's Manish Kumar Jha on such issues and the role that India could play.
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American President Donald J. Trump will be in India on February 24-25, staking his vision for Indo -- Pacific and his stamp on the trade & investment with India. Defence cooperation will be the center of activity during the meeting with PM Narenda Modi. In fact, Defence & Security have been the major milestones of Indo -- US bilateral relations with Basic Exchange and Cooperation Agreement for Geo-Spatial Cooperation (BECA) being the fourth and final foundational pact with the US in the making. But there are impediments galore for the greater flow of trade and investment. BW Busienssworld’s Manish Kumar Jha speaks with Dhruva Jaishankar, Director of the U.S. Initiative at the Observer Research Foundation on such issues.
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In a landmark judgment, the Supreme Court (SC) today cleared the role for the permanent commission for all women officers in the Army irrespective of their years of service. The Supreme Court directed the Centre to grant permanent commission within three months to all women officers. Until now, Women officers were only allowed in Short Service Commission (SSC).
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India’s Garden Reach Shipbuilders & Engineers (GRSE) has inked a MoU With Portugal’s BERD for building next generation modular Bridges solutions in India. GRSE, one of the largest DPSUs of India which makes complex naval vessels for the Indian Navy has tied up with world's leading engineering entity, BERD for the Methods and Solutions for Bridge Construction.
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Prime Minister Narendra Modi inaugurated the Def Expo 2020 in Lucknow, said Uttar Pradesh will be one of the biggest hubs of defence manufacturing in the coming future. He emphasized the new security challenges in the geopolitical arena, putting the technology like Artificial Intelligence at the core of Indian Defence.
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For now, the risk of rising oil prices due to US-Iran tensions may have receded, but India needs to do more for its energy security.
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Tardy implementation of procedures and policies and lack of swift decision making have impeded the modernisation of India’s defence forces.
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Based on the Parliament answers and Standing Committee reports, it can been observed that the defence modernisation budget allocation was not sufficient even to cover the committed liabilities over the last two years.
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