The government is likely to review foreign direct investment (FDI) caps for critical sectors like defence, insurance, and plantations, examining processes that could be streamlined for a more efficient investment regime, reported The Times of India. This response aims to address stagnating FDI flows into India, despite the country promoting itself on ‘China Plus One’ … Read more
“We see good opportunities in the pharma space, especially pharma generic exporter companies which have not performed well for many years. I think there are opportunities in the less popular sectors where money can be made over the next two to three years,” says Abhay Agarwal, Piper Serica.Which stocks are you probably going to keep … Read more
Lethal “kamikaze” attack drones that detonate on impact have been purchased by the Federal Government in a move that will bolster the Australian Defence Force’s weaponry. Defence Industry Minister Pat Conroy is expected to announce the acquisition of the deadly Switchblade 300 this morning. Known as a “loitering munition” the drones are designed to circle … Read more
American war veteran, Harold Terrens, has travelled back to Normandy for one special reason: to marry his fiancé, 80 years after he first step foot on the beach during the D-Day landing. “I’ve come to pay my respects to the 9,634 buddies of mine that are buried here,” he says. WATCH THE VIDEO ABOVE: A … Read more
“The excesses were created on Monday because of the exit poll getting it all wrong and people leveraging in PSUs and so on of defence. I always held the view that defence and railways were overpriced to 2027 level and PSU selective are very-very frothy,” says Sanjiv Bhasin, Director, IIFL Securities.Real slam dunk for the … Read more
“Market is embracing a weak Modi setup at least and it is not fully priced in yet. So, the areas where there was euphoria given the policy thrust of the incumbent, be it in PSU, defence, manufacturing, that is bleeding a lot more. Once we sort of look beneath the surface, there is sort of … Read more
The RSL has asked Governor-General David Hurley’s wife Linda to respect the professionalism of soldiers after she demanded defence force personnel in Adelaide sing her one of her favourite songs three times. Soldiers said they were asked by Linda Hurley to sing You Are My Sunshine by Christina Perri at an event at RAAF Base … Read more
The sentencing of the man who helped expose allegations of Australian war crimes in Afghanistan has been met with outrage, with David McBride to spend at least two years and three months behind bars. McBride, 60, pleaded guilty to leaking classified defence information to journalists. Justice David Mossop sentenced him to an aggregated five years … Read more
A former military lawyer who helped expose allegations of war crimes by leaking classified documents is asking a judge for leniency but prosecutors want him to spend at least two years behind bars. David McBride pleaded guilty to three offences including stealing commonwealth information and passing it onto journalists. Justice David Mossop heard arguments in … Read more
The first Arctic and Offshore Patrol Vessel for Canada’s Pacific fleet will officially be commissioned in a ceremony featuring Princess Anne, the sister of King Charles. Princess Anne will be attending the event Friday in North Vancouver in her role as commodore-in-chief for the Canadian Fleet Pacific. The Department of National Defence says the patrol … Read more
