New Delhi, June 30 (IANS) Drones are set to remain among the fastest‑growing segments within India’s defence ecosystem, with the tactical drone procurement opportunity rising from Rs 30‑35 billion in the previous procurement cycle to nearly Rs 120‑140 billion, a report said on Tuesday.India’s defence sector is entering a structural, multi-year growth cycle driven by indigenisation, increasing defence capital expenditure, rising exports and accelerated adoption of advanced technologies, t…
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Vadodara, June 30 (IANS) Defence Minister Rajnath Singh on Tuesday noted that the rapidly changing geopolitical environment made India’s self-reliance, technological capability and national security increasingly important, describing all three as essential to determining the country’s future global role. Speaking at the valedictory ceremony of the Vibrant Gujarat Regional Conference (VGRC) in Vadodara, Singh said the country’s ambition of becoming a developed nation by 2047 extended beyond econo…
New Delhi, June 30 (IANS) India could face water demand that is double its available supply by 2030, creating over Rs 20 lakh crore in investment opportunities in the next decade, a report said on Tuesday.The report from PL Capital said that investment opportunities span across water treatment, wastewater recycling and sewage infrastructure.India — home to nearly 18 per cent of the world’s population but with only about 4 per cent of global freshwater resources — is confronting growing scarc…
New Delhi, June 30 (IANS) US-based tech giant Apple is accelerating the rollout of software updates to strengthen user security as artificial intelligence (AI) makes it easier for cybercriminals to develop hacking tools, the company said in a statement, according to reports.Reports suggested that the iPhone maker said it is moving ahead with a series of software updates that would previously have been bundled into a major iOS release, making them available to users earlier than in previous updat…
Washington, June 30 (IANS) India has evolved from being merely an important global partner to becoming an “indispensable anchor” of the international order, driven by sustained economic growth, trusted partnerships and technological transformation, India’s Ambassador to the United States Vinay Mohan Kwatra said.Speaking at the US-India Strategic Partnership Forum (USISPF) Leadership Summit, Kwatra said India’s economic rise under Prime Minister Narendra Modi had positioned the country to play a …
Vadodara, June 27 (IANS) The Gujarat government will bring together representatives from 10 districts, four partner countries and several international business organisations in Vadodara next week as it hosts the Central Gujarat edition of the Vibrant Gujarat Regional Conference (VGRC), aimed at promoting regional investment and industrial development.The VGRC will be held at GSFC University in Vadodara on June 29 and 30, bringing together government leaders, foreign delegations, industry bodies…
Seoul, June 22 (IANS) South Korea’s exports jumped 60.4 per cent from a year earlier in the first 20 days of June, data showed on Monday, setting a new fresh high for the period amid robust shipments of semiconductors.Outbound shipments reached US$62 billion in the June 1-20 period, compared with $38.6 billion tallied in the same period last year, according to the data from the Korea Customs Service, reports Yonhap news agency.It marked the highest 20-day figure on record, surpassing the previou…
New Delhi, June 14 (IANS) The inauguration of Bharat Innovates 2026 in Nice, France, by Prime Minister Narendra Modi and President Emmanuel Macron marks a “defining milestone in the India-France partnership”, Union Education Minister Dharmendra Pradhan said on Sunday. President Macron’s emphasis on Bharat Innovates as a bridge between India’s and France’s thriving technological landscape reflects the growing ambition and depth of our collaboration in emerging technologies, enterprise and innovat…
Seoul, June 14 (IANS) South Korea’s exports of information and communication technology (ICT) products posted the highest monthly figure on record in May, driven by demand for semiconductors and other products related to the artificial intelligence (AI) ecosystem, data showed on Sunday.Outbound ICT shipments reached US$47.79 billion last month, a surge of 128.9 percent from $20.88 billion a year earlier, according to the data from the Ministry of Science and ICT, reports Yonhap news agency.This …
Rome, June 11 (IANS) South Korean President Lee Jae Myung and Italian President Sergio Mattarella agreed Thursday to elevate their countries’ ties into a special strategic partnership, while exploring ways to expand cooperation in semiconductors, artificial intelligence (AI) and other strategic sectors.The two presidents reached the agreement during summit talks at the presidential Quirinal Palace in Rome, the second stop on Lee’s first visit to Europe since taking office a year earlier.”Today, …