Kautilya

Nodal Body Likely for Make-in-India Weapons Systems

While the independent testing and certification body was envisaged in the Union Budget this year, the move is a huge step towards decoupling the Indian private defence sector industry from the clutches of the humongous veto exercising military bureaucracy on the Raisina Hill.

Reliance Steps Up Crude Processing to Supply Diesel-Starved Europe

The worldwide energy shortage caused by Russia’s invasion of Ukraine is providing a much-needed boost to the world’s largest refining complex. Reliance Industries Ltd.’s Jamnagar refinery is increasing crude processing and delayed planned maintenance to take advantage of rising diesel demand. It is already shipping the fuel to Europe, and this will rise in the coming months.

Centre Approves Setting Up of National Land Monetization Corp

According to an official release, NLMC would be a government-owned business with an initial authorised share capital of Rs. 5,000 crore (US$ 652.75 million) and a paid-up share capital of Rs. 150 crores (US$ 19.58 million), and its board of directors will include senior central government employees and distinguished specialists.

Petascale Supercomputer “PARAM Ganga” Established at IIT Roorkee Under National Supercomputing Mission

The National Supercomputing Mission (NSM) which is being steered jointly by Ministry of Electronics & Information Technology (MeiTY) and the Department of Science and Technology (DST) and implemented by Centre for Development of Advanced Computing (C-DAC) and Indian Institute of Science (IISc), Bangalore, has progressed significantly. The four major pillars of the NSM, namely, Infrastructure, Applications, R&D, HRD, have been functioning efficiently to realize the goal of developing indigenous supercomputing eco system of the nation.