The Supreme Court has issued an order allowing states to collect past dues from miners, which is expected to have a significant impact on the mining industry. Government officials have confirmed that this decision will hurt miners financially as they will now have to pay outstanding dues to the states. This ruling is likely to lead to financial strain for many mining companies operating in India.
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Russia set to re-enter medium transport aircraft supply contest of IAF
Russia is interested in partnering with Hindustan Aeronautics Limited (HAL) to re-enter the competition to supply medium transport aircraft (MTA) to the Indian Air Force, aiming to replace the ageing An32 fleet with at least 80 MTA. Despite previous concerns about technology, Russia is offering the IL276 for the project, as global manufacturers seek partnerships with Indian entities to secure the multi-billion dollar contract. Full Article
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