India to resume production of indigenous Arjun tanks after 25-year gap

·1 views

The Indian government has decided to resume manufacturing the Arjun battle tank. This follows a 25-year hiatus in production of the domestically designed main battle tank. The decision is part of a broader push to enhance indigenous defense capabilities and reduce reliance on imports. The move was reported by the Economic Times, though a specific restart date was not provided.

Read the full story at Economic Times

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Tax Department Identifies Rs 25,000 Crore GST Discrepancy in Restaurant Sector

The Indian government's tax department has identified a potential Goods and Services Tax (GST) discrepancy of Rs 25,000 crore within the restaurant industry. Authorities have issued notices to restaurants across the country as part of a compliance drive. The action follows data analysis suggesting under-reporting of revenue by numerous establishments. The government aims to recover the alleged unpaid taxes from the current and previous financial years.

0 comments Read more at Economic Times

BusinessEconomic Times ·

Kashmir rail link enhances connectivity, impacts travel and trade

A new railway line in Kashmir is improving regional connectivity. The project facilitates faster and more reliable movement of people and goods. It is expected to boost local trade and economic activity by integrating the region with the broader national network. The development marks a significant shift in transportation infrastructure for the area.

0 comments Read more at Economic Times

BusinessEconomic Times ·

Rahul Gandhi warns Gyanesh Kumar over conduct as Election Commissioner

Congress MP Rahul Gandhi has warned Election Commissioner Gyanesh Kumar about his future conduct. Gandhi referenced a potential Supreme Court review of Kumar's appointment as Chief Election Commissioner. This statement was made during a press conference in New Delhi. Gandhi implied that Kumar's actions could be scrutinized if the appointment process is re-examined.

0 comments Read more at Economic Times

BusinessEconomic Times ·

Delhi High Court Rejects Sharp Reduction in Fixed Deposit Interest Rate

The Delhi High Court has rejected a decision to lower a fixed deposit interest rate from 7.75% to 3.5%. The court's ruling came in response to a petition challenging the drastic reduction. This decision provides relief to depositors who would have been affected by the significant cut. The case highlights judicial oversight in financial rate alterations.

0 comments Read more at Economic Times