SEBI has proposed allowing the issuance of Depository Receipts (DRs) against units of REITs and publicly listed InvITs. The operational framework will be notified through a separate circular and is proposed to be modelled on the existing Equity Depository Receipt Framework. Privately listed InvITs have been kept out of the proposed framework. Why is…
A sniper of the Garud special forces ready to take a shot. (Image credit: IAF) The Indian Air Force is seeking a new sniper rifle for its Garud Special Forces. The service has issued a Request for Information (RFI) for a rifle chambered for the 12.7x99mm (.50 BMG) round. This would provide the elite Air…
“Students are in severe pain, they don’t need PM’s forgiveness,” Rahul Gandhi said. NEW DELHI: Lok Sabha leader of opposition Rahul Gandhi Tuesday stepped up his attack on Prime Minister Narendra Modi over his “will forgive them” remark for students accused of abusing him and his late mother during the anti-paper leak protest at Jantar…
The recent planting drive marks only one stage in a restoration process that has taken years of planning. (DVIDS photo) Eight years after California’s Ranch Fire destroyed vast stretches of forest, efforts to restore the landscape are now taking shape, Defence Visual Information Distribution Service reported. This spring, the US Forest Service, along with nonprofit…
Elon Musk’s SpaceX is preparing to release its first earnings report as a publicly traded company. The report is expected after the market closes today. The earnings report is important because it will give investors their first chance to question SpaceX executives about the company’s business and future plans. SpaceX’s first earnings report will face…
Former India football captain Bhaichung Bhutia has said people have every right to protest and share their opinions, but using abusive or offensive language, particularly against the Prime Minister, is not appropriate.His comments came after videos from a protest at New Delhi’s Jantar Mantar showed some participants using profane slogans against Prime Minister Narendra Modi.Bhaichung…
Sshura Khan shares adorable post-surgery video of Arbaaz Khan singing and dancing with daughter in emotional birthday note (Image Credits Instagram) Arbaaz Khan‘s recovery after a recent surgery hasn’t stopped him from bringing his signature fun-loving energy to the hospital room. On the occasion of his birthday, wife Sshura Khan shared an endearing video on…
Every parent waits for their child’s first word. A “Mumma” or “Papa” from the child’s mouth feels like a milestone. So when these words don’t come as expected- worry follows.The first three years of life are a period of extraordinary brain growth. During this time, babies are constantly building neural connections that help them understand…
The rupee slipped 3 paise to close at 95.40 (provisional) against the US dollar on Tuesday amid elevated crude oil prices and weakness in domestic equities. Forex traders said a strengthening US dollar also put pressure on the domestic currency, but recent foreign fund inflows cushioned the fall. At the interbank foreign exchange, the rupee…
A Mi-17 of the air force firing rockets during exercise Rotor Clap-III. (Image credit: IAF) A major challenge facing armed forces around the world is the rapid proliferation of drones on modern battlefields. Both Russia and Ukraine are currently engaged in fighting thousands of drones that have become ubiquitous along the frontlines. At the same…
