#Defence

9 Feburary.New York, NY, USA
This photo released by the Iranian Army, shows a missile being fired during a military drill. (Photo Credit: AP/PTI)

  • The report by an independent panel of UN experts was submitted to the Security Council on Monday
  • The resumed cooperation between Iran and North Korea "included the transfer of critical parts"
  • Iran has denied the cooperation with North Korea

4 Feburary.Yelahanka, Bengaluru, Karnataka, India
India Air Force's helicopter aerobatic team 'Sarang' performed during the second day of the Aero India 2021 at Yelahanka air base in Bengaluru. (Photo credit: PTI)

  • Sarang helicopter aerobic display team spanned the skies, creating heart-shaped formations
  • Sarang is a part of the Indian Air Force (IAF) aerobatic team
  • This was a part of the public air show at the 13th edition of Aero India being held at Yelahanka, Bengaluru

4 Feburary.Bangalore, Karnataka, India
The highlight of Aero India 2021 would be the inauguration of India Pavilion, said Defence Minister Rajnath Singh. (Photo Credit: Twitter/ Aero India)

  • 'Our efforts are to synergise the resources and efforts in the Indian Ocean,' Singh said
  • The Indian aerospace industries present an 'attractive opportunity' for foreign companies
  • Singh was delivering his keynote address at the IOR Defence Ministers' conclave

3 Feburary.New Delhi, Delhi, India
Defence Minister Rajnath Singh said that the Aero India 21 will display the vast potential of India. (Photo credit: PTI Photo/Shailendra Bhojak)(PTI02_03_2021_000146B)

  • 'It promises to be the World's First Ever Hybrid Aero and Defence exhibition,' Rajnath Singh said
  • DRDO to showcase (AEW&C) system, LCA Tejas and LCA Navy
  • Participants are required to carry negative RT-PCR report for COVID-19 test

2 Feburary.Bengaluru, Karnataka, India
The highlight of Aero India 2021 would be the inauguration of India Pavilion, said Defence Minister Rajnath Singh. (Photo Credit: Twitter/ Aero India)

  • Aero India 2021 is Asia's largest military aviation exhibition
  • It is scheduled to be held from February 3 to February 5 in Bengaluru
  • Over 600 exhibitors from more than 50 countries will participate in the event

2 Feburary
US Air Force Deputy Undersecretary, International Affairs, Kelli L Seybolt was part of the delegation that came Bengaluru for Aero India. (Photo credit: Twitter/@ANI)

  • A delegation of US government officials is taking part in the Aero India 2021
  • US Charge d'Affaires Don Heflin said there is compatibility and interoperability between the militaries of the two nations
  • The possible impact of sharing critical technologies with Indian firms was discussed

1 Feburary.New Delhi, Delhi, India
It was a vengeful act against the thousands of farmers, said Congress leader P Chidambaram in a post-budget press conference. (Photo credit: PTI)

  • The imposition of cess on petrol and diesel is a vengeful act, said Chidambaram
  • P Chidambaram was the finance minister of India during former Prime Minister Manmohan Singh’s tenure
  • Calling the Union Budget 2021 a 'cruel blow', Chidambaram said that the FM deceived Indians

1 Feburary.New Delhi, Delhi, India
There was no mention of the defence budget in Finance Minister NIrmala Sitharaman's speech. (PTI Photo)

  • A total outlay of Rs 4.78 lakh crore was announced for the defence sector
  • Rs 1.35 lakh crore is the capital outlay, and Rs 2.27 lakh crore is the revenue head
  • There has been an increase of Rs 22,000 crores in the capital outlay for financial year 2021-22

1 Feburary.New Delhi, Delhi, India
All the euphoria is despite the fact that the Budget 2021-22 is clearly debt-fuelled expansion, with the fiscal consolidation goal kicked much further down the road. (Photo credit: PTI)

  • The only segment not erupted in loud hurrahs after Budget 2021-22 announcement is the Aam Aadmi
  • Capital expenditure for 2021-22 has been raised by a third or 34.5% to Rs 5.5 lakh crore from Rs 4.39 lakh crore in the revised estimates of current fiscal
  • The Asset Reconstruction and Management Company which Sitharaman talked about will act as an aggregator of all stressed assets (bad loans)

1 Feburary.New Delhi, Delhi, India
Finance Minister Nirmala Sitharaman presented the Union Bugdet in Lok Sabha on Monday. (PTI Photo)

  • Sitharaman did not announce any changes in the income tax slabs while presenting the budget
  • She said that the income tax return filers increased from 3.31 crore in 2014 to  6.48 crore in 2020
  • The Finance Minister did not mention the Real Estate sector in  her Budget speech