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Design in India or lose subsidy, IT & electronic minister Ashwini Vaishnaw tells electronics companies | India News

NEW DELHI: The government has drawn a hard line under its electronics push, pairing fresh approvals worth thousands of crores with a blunt warning — subsidies will not flow to companies that treat India as a factory floor without building design muscle.Signalling a shift from scale to strategic value, Union IT minister Ashwini Vaishnaw on…

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Big boost for maritime strength: Navy gets delivery of 2 warships, 1 survey vessel in one day | India News

NEW DELHI: In a big boost to India’s maritime strength amid the increasing presence of China in the Indian Ocean Region, the Indian Navy on Monday received deliveries of two warships, including a stealth frigate, and one large survey ship from Garden Reach Shipbuilding and Engineers Ltd (GRSE) in Kolkata in just one day.While Dunagiri…

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Asian stocks today: Markets trail as Middle East conflict deepens; Nikkei drops 0.9%, MSCI Asia Pacific slips 0.5%

Asian shares on Tuesday recorded their steepest fall since 2022, as the Middle East war completed a month, fuelling fears of higher inflation and slower economic growth.MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.55 per cent and was on track for a monthly decline of more than 12 per cent, marking its worst…

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