PM Modi, Donald Trump, India-US, US-India

Describing Atmanirbhar Bharat as a brilliant initiative which was long overdue, a top Indian-American chief executive has said that the US is a natural partner in India's initiative to make the country self-reliant in various fields, particularly in defence.
The remarks by Vivek Lall, Chief Executive of General Atomics Global Corporation, came ahead of Prime Minister Narendra Modi's State visit to the US in June.
I think it (Atmanirbhar Bharat) is a brilliant initiative by Prime Minister Narendra Modi. Atmanirbhar Bharat is a long overdue process that needs to evolve and, in its definition, itself is a lot of collaboration, a lot of R&D (Research and Development), joint R&D, and a lot of technologies that need to be incubated for the betterment of India," Lall told PTI in an interview.
"It is a very laudable initiative. I think the US is a natural partner in that. The ability of the US and India to work together to achieve the Prime Minister's goals is probably the best path ..

General Atomics

General Atomics, a major American energy and defence corporation, has started three significant projects in India in the field of artificial intelligence, drones and semiconductors, a company official has said, a day after the launch of a landmark India-US initiative on critical and emerging technologies.
With Bharat Forge, General Atomics Aeronautical Systems (GA-ASI) has entered into a partnership in the critical field of aerostructure manufacturing and with 114ai, an Indian artificial intelligence (AI) company, to develop the next generation of technologies in artificial intelligence, according to Vivek Lall, chief executive, of the General Atomics Global Corporation.
Bharat Forge is one of the leading forging companies in India.
It has entered into a partnership with 3rdiTech, an Indian start-up, in the field of semiconductors, Lall said.
Lall was one of the key private sector players who participated in the various events related to the launch of the India-US initiatives in ..

drones

In a move that is expected to help India develop a manufacturing ecosystem for high-end drones, a top US drone manufacturer has announced a partnership with a leading Indian forging company to manufacture main landing gear components, subassemblies, and assemblies of remotely piloted aircraft in the country.
San Diego-based General Atomics Aeronautical Systems (GA-ASI), a subsidiary of General Atomics, said its partnership with Bharat Forge Ltd will result in significant capability-building for both companies and provide an impetus to the Indian large, unmanned aircraft industry.
GA-ASI is eagerly looking forward to working with Bharat Forge in the critical field of aerostructure manufacturing, said Vivek Lall, Chief Executive of General Atomics Global Corporation.
With over five decades of experience in manufacturing a wide range of high-performance, critical safety components, Bharat Forge offers full-service supply capability from concept to product design, engineering, ...

electricity, power

Small modular reactors are advanced reactors that have a power generation capacity of up to 300 megawatts (MW) per unit

Vivek Lall, an Indian-origin General Atomics CEO, is honoured with the Lifetime Achievement Award by US President Joe Biden with citation of 'With Grateful Recognition'

Narendra Modi

Prime Minister Narendra Modi met Indian-American Chief Executive of General Atomics Vivek Lall and held talks on strengthening India's defence technology sector

pavan lall

Here's a quick look at these five names and the likely significance of their meeting.

For Lall, this is his second stint with GA, which produces a series of unmanned aircraft and provides electro-optical, radar, signals intelligence, and automated airborne surveillance systems

Mendeleev’s Periodic Table

It remains an invaluable resource for classification in its 150th year

India has been looking to buy 22 of the unarmed surveillance aircraft

Stocks to watch on Thursday, September 28 2023: Telecom stocks too may see some action after Trai data for July showed considerable new subscriber additions for Jio and Airtel; and loss of market shar

BSE, stock market, sensex

Closing Bell on September 28, 2023: 
Tech M, which sank 4 per cent, was the top laggard on the benchmarks after Morgan Stanley downgraded the stock to 'underweight'

bulls, bears, markets, sensex

Vedanta Ltd.'s parent, Vedanta Resources, will remain the holding company, the people said. Deliberations are ongoing and no final decisions on the structure or timing of the de-merger have been made

Vedanta refinery

As markets anticipate inclusion of the debt in other indexes, including the Bloomberg Global Aggregate, the flows could rise to $50 billion by the end of next year

ICICI Bank

RBI says widening due to higher trade deficit, lower surplus in net services and decline in private transfer receipts

current account deficit

Here is the best of Business Standard's opinion pieces for today

Trade talks

According to Ravi Nathani, an independent technical analyst, one should adopt a 'Buy on Dips' strategy for Nifty Private Bank index, while a 'Sell on Rise' strategy in case of the PSU Bank index.

markets, stocks, stock call, buy, sell, trading ideas, buy sell ideas

Former bureaucrat Amit Khare was on Monday given extension as advisor to Prime Minister Narendra Modi, a Personnel Ministry order said.
He was appointed to the post for two years in October 2021.
Khare, a 1985-batch (retired) Indian Administrative Service (IAS) officer of the Jharkhand cadre, had superannuated on September 30, 2021. He last served as the higher education secretary.
The Appointments Committee of the Cabinet (ACC) has approved the extension in Khare's tenure, on contract basis on the usual terms and conditions as are applicable in the case of re-employed officers of secretary-level in the government of India, beyond October 12, 2023 for a period "co-terminus with the term of Prime Minister", the order said.
In another order, the ACC has approved the extension in tenure of Rajesh S Gokhale as secretary, Department of Biotechnology, for a period of two years -- with effect from November 1, 2023.

Amit Khare

NGOs registered under the Foreign Contribution Regulations Act (FCRA) will now have to provide details of moveable and immovable assets created by them using foreign funds.
The need for mandatory declaration of assets by the NGOs by the end of every financial year (March 31) came after the Ministry of Home Affairs (MHA) on Monday issued a gazette notification modifying the rules that govern the NGOs which receive foreign funding.
According to the law, all NGOs receiving foreign contributions have to be registered under the FCRA.
The MHA made the changes in the Foreign Contribution Regulation Rules, 2010, by inserting two clauses -- (ba) details of movable assets created out of foreign contribution (as on March 31 of financial year) and (bb) details of immovable assets created out of foreign contribution (as on March 31 of financial year) -- in Form FC-4.
Form FC-4 is filled by NGOs and associations granted FCRA licences for filing their annual returns.
The MHA also decided to exte

Foreign funds

The Biden administration announced Monday that it is offering a $2 billion loan to Poland, which has been a hub for weapons going into Ukraine, to support the ally's defense modernisation.
The State Department said in a statement that Poland is a stalwart ally of the U.S. whose security is vital to the collective defense of NATO 's eastern flank, and that such funding is reserved for Washington's most important security partners.
The U.S. government is also providing Warsaw up to $60 million for the cost of the loan in Foreign Military Financing (FMF) which would support urgent procurements of defense articles and services from the United States, the State Department said. The $60 million is a loan subsidy meant to ensure that Warsaw can secure favourable terms for the loan.
Poland has been a staunch supporter of Ukraine since Russia's full-scale invasion of the country, handing over large numbers of its own tanks, fighter jets and other equipment. It has also been a hub for most of

poland flag

International credit agency Moody's Investors Service has made sweeping assertions against Aadhaar without citing any evidence, the Unique Identification Authority of India (UIDAI) said on Monday.
The UIDAI issued a strong rebuttal to Moody's Investors Service which claimed that the Aadhaar system often results in service denials and the reliability of biometric technologies, especially for manual labourers, in hot and humid climates is questionable.
"A certain investor service has, without citing any evidence or basis, made sweeping assertions against Aadhaar, the most trusted digital ID in the world. Over the last decade, over a billion Indians have expressed their trust in Aadhaar by using it to authenticate themselves over 100 billion times," the UIDAI said in a statement.
The unique id Aadhaar's custodian said that the report in question does not cite either primary or secondary data or research in support of the opinions presented in it.
"The investor service did not make any

Adhaar, UIDAI

Is inflation hurting FMCG companies' pockets? Can Indian e-gaming survive the tax demand? Is it time to book profit in real estate stocks? Why has the Cauvery dispute flared up again? Answers here

A (then) pan-masala chomping man notorious for putting down management theories, strategic thinking, and all the stuff that agencies thought was going to save them

Piyush Pandey

Tata Steel on Thursday said it has signed an agreement with Indian Oil Corporation Limited and its business associate to further reduce carbon footprint at its Ferro Alloys plant.
The agreement encompasses LPG supply, installation of LPG facilities, and the operation and maintenance of the same at the company's Ferro Alloys Plants in Gopalpur of Ganjam and Athagarh of Cuttack districts in Odisha, the steel major said in a statement.
Tata Steel has decided to transition from Furnace Oil and High-Speed Diesel to a more sustainable fuel option - Liquified Petroleum Gas (LPG) in response to the pressing environmental concerns and the global imperative to reduce carbon emissions.
This eco-friendly move is expected to bring about a considerable reduction in carbon emissions, it said.
Tata Steel's Ferro Alloys and Minerals Division Executive-In-Charge Pankaj Satija said, "The agreement, which is a part of our sustainability initiatives, will help us in reducing the carbon footprint at our

tata steelwork, tata, tata group

Normal life is likely to be affected, especially in the southern part of the state, with pro-Kannada and farmers' organisations calling for Karnataka Bandh' on Friday to protest the release of Cauvery water to Tamil Nadu.
Kannada Okkuta', an umbrella organisation for Kannada outfits including factions of Karnataka Rakshana Vedike, Kannada Chalavali (Vatal Paksha) and various farmers' bodies have given a call for the statewide dawn-to-dusk shutdown.
There will be a massive protest procession from Town Hall to Freedom Park in the city, in which people from all walks of life are likely to participate, the organisers said.
They have said that the bandh is for the entire Karnataka and that they will try to shut highways, toll gates, rail services, and also airports.
The opposition BJP and JD(S) too have extended their support to the bandh, as also hotels, autorickshaws and hail riders associations in Karnataka.
"Autorickshaw Drivers' Union and Ola Uber Drivers and Owners' Association .

cauvery dispute, cauvery river, cauvery water dispute, cauvery verdict, cauvery river verdict, cauvery river dispute verdict, kaveri river issue, kaveri river water dispute, cauvery verdict 2018, latest news on cauvery river, cauvery news, cauvery ju

India's top 75 brands have a combined brand value of $379 billion, a decline of 4 per cent from 2022

Indian Army's Regiment of Artillery is looking to use the expertise of Indian Industry to produce 155 mm/52 calibre Towed Gun System

General Atomics

US 'natural partner' in Atmanirbhar Bharat initiative, says official

General Atomics initiates 3 projects in India in AI, drones, semiconductors

General Atomics announces partnership to make aerostructures in India

Nuclear power: All that you need to know about small modular reactors

General Atomics CEO Vivek Lall gets Lifetime Achievement Award in US

Modi discusses boosting defence tech with General Atomics chief executive

In pictures: The five global CEOs who will interact with PM Modi today

Indian-American aerospace expert appointed General Atomics Chief Executive

Mendeleev's Periodic Table

Before Modi visit, General Atomics says US has approved drone sale to India