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CONTROLLER GENERAL OF DEFENCE ACCOUNTS
NRE vs NRO: One account can make your interest tax-free, the other can attract over 30% TDSNRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE in...
Defence stocks fire up! Paras Defence, BEL, GRSE, other stocks surge up to 24% in 2 days. What's powering the rally?Defence stocks extended their rally for a second straight session, with Paras Defence surging 24% in two days and BEL, GRSE, HAL, and other...
Defence production up 15%; private sector share climbs to 24%India's defence production has hit a record high of ₹1.78 lakh crore. This growth is fueled by the private sector, with exports also reachi...
Doubled in 5 years: India's military-industrial moment has arrivedIndia's defence production has surged to a record Rs 1.78 lakh crore in FY26, nearly quadrupling since 2013-14. This growth, fueled by the ...
8th Pay Commission news: Defence employee body demands new inflation index to calculate 8th CPC DA, DR, revised payThe All India Defence Employees’ Federation (AIDEF) has urged the 8th Pay Commission to replace the AICPI-IW-based inflation measure with a...
India’s defence output more than doubles in five years, hits record Rs 1.78 lakh croreIndia's defence production has hit a record Rs 1.78 lakh crore in the financial year 2025-26. This marks a significant 15.6 percent jump fr...
Assam: Defence ministry to acquire 333.662 acres for Artillery Brigade location planThe Ministry of Defence will acquire land in Assam's Udalguri district to establish units of an Artillery Brigade. The expansion is linked ...
Bid management firm ContraVault AI raises $3.1 million from Chiratae, Titan; eyes US expansionBid management firm ContraVault AI has secured $3.1 million in a funding round led by Chiratae Ventures. The startup will use the capital t...
Bharat Forge arm, Paramount unveil next-generation Simha 4x4 armoured vehicle: What are its key features?Kalyani Strategic Systems Limited and Paramount have unveiled the Simha 4x4, a new light armoured multi-purpose vehicle designed for global...
As Europe rearms, 'wingman' aircraft take centre stageEurope and the United States are developing advanced AI-powered drones. These unmanned aircraft, known as wingman drones, will fly alongsid...
Star Wars: How India’s spacetech-defence ties are shaping the futureSpaceX’s IPO filing underscores how space has evolved from exploration to a strategic domain central to national security, communications a...
Vice Chief Lt Gen Dhiraj Seth named next Army ChiefLt Gen Dhiraj Seth will become the next Chief of Army Staff. He takes over from Gen Upendra Dwivedi on June 30. Lt Gen Seth is currently th...
Keir Starmer tells NATO's Mark Rutte UK will publish defence plan before summitPrime Minister Keir Starmer informed NATO Secretary General Mark Rutte that the UK's defence investment plan will be published before the u...
India appoints Lt Gen Dhiraj Seth as next Army ChiefLieutenant General Dhiraj Seth will become the next Chief of the Army Staff on June 30, 2026. He succeeds General Upendra Dwivedi. Lt Gen S...
India successfully demonstrates BMD capability to take down hostile ballistic missilesIndia has successfully demonstrated its advanced multi-layered Ballistic Missile Defence system (BMD). Recent flight-tests confirmed the ca...
Rahul Gandhi to launch nationwide student conventions against "Exam Scandals" from Kota on June 17Rahul Gandhi will lead a series of student conventions across India, starting in Kota on June 17, to address alleged examination scandals a...
DRDO's Netra Airborne Early Warning and Control aircraft to get final operational clearance on June 25Bengaluru will host the Final Operational Clearance ceremony for the Netra Airborne Early Warning and Control system on June 25. This marks...