Arms purchase up, yet Army faces barrel crunch
The New Indian Express|December 26, 2024
AT the time when the Indian Army is modernising its offensive capabilities, specifically in the Artillery and the Armoured Regiments, a Comptroller and Auditor General (CAG) audit exercise has reported "shortfall of barrels and breech mechanisms ranging from 30-100 per cent of the production capacity" during 2015-22. A delay in the supply of ammunition has also been noticed.
MAYANK SINGH

The CAG audit also found that augmentation of production capacity of large calibre weapons in ordnance factories "could not be completed (January 2023)", even though an expenditure of ₹292.32 crore (₹253.13 crore P&M + ₹39.19 crore civil works) was incurred.

The CAG has advised the Ministry of Defence and Defence public sector undertakings to "work out a revised time frame and put in place a strengthened monitoring mechanism to achieve project deliverables."

هذه القصة مأخوذة من طبعة December 26, 2024 من The New Indian Express.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 26, 2024 من The New Indian Express.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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TECHNOLOGY TRENDS THAT STOOD OUT IN 2024
The New Indian Express

TECHNOLOGY TRENDS THAT STOOD OUT IN 2024

THOUGH many emerging technologies took centre stage in 2024, the year was more about driving transformation and integrating technology across various industries.

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The New Indian Express

Shahrukh, Mohamed help TN down UP

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1 min  |
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Wrestling continues to grapple for survival
The New Indian Express

Wrestling continues to grapple for survival

The sorry state of affairs in wrestling continues even though Aman Sehrawat, with his Olympic bronze, salvaged some pride earlier this year. As 2024 nears end, Firoz Mirza sheds some light on issues ailing the sport and way forward to reclaim the good old days...

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3 mins  |
December 27, 2024
City pay penalty, Chelsea stunned
The New Indian Express

City pay penalty, Chelsea stunned

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1 min  |
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Teen Konstas takes bowlers to cleaners on his Test debut
The New Indian Express

Teen Konstas takes bowlers to cleaners on his Test debut

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4 mins  |
December 27, 2024
Top Gun 4: Oz batters foil India's plans
The New Indian Express

Top Gun 4: Oz batters foil India's plans

In front of record number of fans at MCG on Day 1, Australia top-four help

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3 mins  |
December 27, 2024
Indian Companies May Raise ₹2 Lakh Cr From Market Via Public Issues In 2025
The New Indian Express

Indian Companies May Raise ₹2 Lakh Cr From Market Via Public Issues In 2025

DESPITE a sharp correction in the equity market in recent months, the initial public offering (IPO) market has remained robust.

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1 min  |
December 27, 2024
India sees higher oil demand growth than China
The New Indian Express

India sees higher oil demand growth than China

THE year 2024 is going to end with a higher oil demand growth rate as compared to China's.

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1 min  |
December 27, 2024
Rupee continues to decline for third consecutive session, hits low of 85.26
The New Indian Express

Rupee continues to decline for third consecutive session, hits low of 85.26

THE rupee continued to bleed for the third consecutive day on Thursday, pressured by a firm dollar and importers' month-end dollar demand.

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December 27, 2024
The New Indian Express

Govt could reduce income tax rates in budget

AMID outcry over the growing tax burden on the middle class, the government might reduce income tax rates for individuals earning up to ₹15 lakh a year, according to a report by Reuters.

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1 min  |
December 27, 2024