The Defence Acquisition Council (DAC), chaired by Raksha Mantri Rajnath Singh, has approved various proposals for the Armed Forces amounting to a total of ₹79,000 crore, the government said. In a major boost for India’s defence sector, the Centre has cleared projects worth ₹79,000 crore for the Indian Armed Forces, the Ministry of Defence said…
Under the new framework, the per-transaction limit for categories aligned with tax payments and other high-value transactions has been raised to Rs 5 lakh, while the daily aggregate limit for most of these categories has been increased up to Rs 10 lakh, depending on the category. In a major move to facilitate high-value digital…
Union Finance Minister Nirmala Sitharaman reiterated that the contribution of crude oil to India’s import bill is the highest and so India’s decision to buy oil will always be based on what suits its needs best. Union Finance Minister Nirmala Sitharaman on Friday made it clear that India will continue purchasing Russian oil, stressing…