Goyal states restoring Diamond Imprest Licence for gems, jewellery sector | News

In a move to enhance regional security, Mahindra Group partners with US-based Anduril Industries to develop autonomous and counter-unmanned aerial systems. The collaboration focuses on creating Autonomous Underwater Vehicles (AUVs) and advanced Counter-Unmanned Aerial Systems (CUAS) technologies. The announcement follows Modi-Trump bilateral meetings, highlighting the strategic importance of defense cooperation. Full Article

Chinese President Xi Jinping issued new orders on Friday to revise rules aimed at transforming the country's military into a world-class armed force, with a focus on combat readiness and war preparation amid increasing rivalry with the US and tensions with Taiwan and neighboring countries. The revisions prioritize combat readiness as the primary duty and aim to standardize order in war preparation, training, operations, and daily life. The rules also refine the code of conduct...

In Guwahati, security forces arrested 26 militants and members of Meitei radical groups, leading to protests by women claiming those arrested were village volunteers protecting their territories, demanding the revocation of President's Rule in Manipur. Joint operations in Manipur's six districts by the Army, Assam Rifles, and Manipur Police resulted in the apprehension of 16 militants from different outfits and the recovery of 23 weapons and ammunition. Women's groups protested in various districts, forcing the...

The Army Air Defence is enhancing its capabilities in response to evolving warfare dynamics, planning to replace old platforms, introduce new fragmentation ammunition, and deploy advanced radars. Additionally, the army aims to secure a contract for the Quick Reaction Surface to Air Missile (QRSAM) system within 4-5 months to bolster its defense. Director General Lt Gen Sumer Ivan D'Cunha emphasizes modernization and 'Aatmanirbhar Bharat', urging the Indian industry to deliver with reduced timelines for effective...

A fire broke out at a junkyard in Camden, New Jersey on Friday, taking over six hours to bring under control. The blaze at EMR Recycling on South 6th Street grew to four alarms, with thick smoke visible across the region. While no injuries were reported, residents were advised to seek shelter if needed, with fire crews facing difficulties due to the isolated location of the fire. Full Article

Warren Buffett's Berkshire Hathaway achieved a record-breaking year in 2024, with operating profit soaring by 27% to $47.44 billion driven by gains in insurance underwriting and investment income. The company's fourth quarter saw a 71% jump in operating profit to $14.53 billion, with net income reaching $19.69 billion boosted by equity holdings. Berkshire paid $26.8 billion in taxes to the US government, making it the top corporate taxpayer, and Buffett revealed a portfolio shift with...