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In an exclusive interview with CNBC-TV18, Defence Secretary Rajesh Singh said the Rafale Marine deal will fully equip India’s aircraft carriers and significantly boost naval power projection. The agreement also includes the first Rafale MRO hub outside France and local manufacturing of fuselage sections, strengthening India’s defence and aeronautics ecosystem. Source
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L&T Finance reported a 15% rise in Q4 net profit to ₹636 crore. NII climbed 4% YoY. The board recommended a final dividend of ₹2.75 per equity share. Source
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The real challenge for the 14-year-old will begin once the IPL ends. Brand endorsements, shows, interviews, social media, Suryavanshi will be swamped by it all. How he absorbs all the adulation, fame and instant money around him will determine the player he goes on to become. Source
Read MoreAxis Bank considers selling minority stake in Axis Finance to comply with regulations and fuel growth prospects. Source
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Rahul Gandhi raised concerns about the Maharashtra polls and claimed there was “something very wrong with the system.” Gandhi claimed, “More people voted in the Maharashtra Assembly elections than there are adults in Maharashtra”. Source
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Authorities say a number of undocumented migrants, particularly from Bangladesh and the Rohingya community, have obtained Aadhaar, PAN, and ration cards in an attempt to falsely assert Indian citizenship. Some individuals also possess UNHCR refugee cards, but officials maintain that refugee status alone, without proper travel documentation, is not legally recognised in India. Source
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With gold prices hitting all-time highs, investors are looking for smarter, more affordable ways to own the precious metal. Source
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In a CNBC-TV18 exclusive, Defence Secretary Rajesh Kumar Singh said India hopes to operationalise a manufacturing line for GE’s F414 jet engines by the end of this year. The move is crucial to keep the Tejas Mark 2 timeline on track and marks a step forward in India’s defence self-reliance. Source
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New Delhi has alleged that the April 27 attack, which killed several tourists, was perpetrated by Pakistan-based terror outfits. Source
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