Budget shortfall worries Defence Services

The shortfall in Defence allocation in the interim Budget 2019-20, especially in its capital allocation, has left the Services worried as it threatens to derail the capability enhancement and modernisation underway. This comes at a…

Government waived anti-corruption clauses in Rafale deal

The €7.87-billion Rafale deal between India and France involved major and unprecedented concessions from the Indian government, with critical provisions for anti-corruption penalties and making payments through an escrow account dropped days before the signing…

A bill to hobble OPEC is advancing in…

Still, there are signs the fresh NOPEC push in Congress has unnerved OPEC. The group reportedly advised member countries against mentioning oil prices when discussing production policy. Last month, The Wall Street Journal reported the…

A major port operator is planning to launch…

Source: Virgin Hyperloop Virgin Hyperloop One built the world's first working, full-sized hyperloop test in Nevada. It ran last year for a little less than a third of a mile, and accelerated a 28-foot pod…

The Huddle 2019 live | Third edition of…

The third edition of The Huddle, The Hindu’s two-day annual thought conclave, got underway at the ITC Gardenia hotel in Bengaluru on February 9. Vice-President Venkaiah Naidu will deliver the Chief Guest’s address on February 10.…