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DEFENCE FEDERAL ACQUISITION REGULATION SUPPLEMENT
India readies Rs 12,000 crore push for local battery component manufacturingIndia is set to launch a new incentive scheme to boost local manufacturing of advanced cell battery components. This initiative aims to red...17 Jun, 2026, 11.57 PM IST- PM Modi holds 'very fruitful' meeting with German Chancellor Merz at G7, discuss trade, defencePrime Minister Narendra Modi met German Chancellor Friedrich Merz at the G7 Summit. They reviewed the India-Germany Strategic Partnership a...17 Jun, 2026, 06.08 PM IST
- 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 ...17 Jun, 2026, 02.45 PM IST
- 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...17 Jun, 2026, 11.51 AM IST
- Areion seeks RBI approval for Rs 936 crore Aviom takeoverAreion Group is seeking Reserve Bank of India approval for its acquisition of Aviom India Housing Finance. The deal, valued at ₹936 crore, ...17 Jun, 2026, 01.05 AM IST
- 'Wait till US discovers it': Spain's Billarda goes viral; Indians say it's a 2,000-year-old game called gilli dandaA Spanish game called Billarda has gone viral on Indian social media. Many Indians recognize it as their ancient game, gilli danda. Videos ...16 Jun, 2026, 10.48 PM IST
- CCI clears TVS Group's acquisition of PGIM India AMC, Temasek-Romsons dealIndia's fair trade regulator CCI has given the green light for TVS Group entities to acquire PGIM India Asset Management. The regulator als...16 Jun, 2026, 08.36 PM IST
- 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 ...16 Jun, 2026, 08.34 PM IST
- RBI puts curbs on banks' sale of third-party productsThe Reserve Bank of India has prohibited third-party incentives to employees of regulated entities, while allowing banks and NBFCs to rewar...16 Jun, 2026, 06.34 AM IST
- Indian army selects Meprolight's Mepro X6 as dedicated daytime sight for in-service NEGEV machine gunsThe Indian Army has chosen the Meprolight MEPRO X6 telescopic sight for its NEGEV machine guns. This advanced optic will improve target ide...15 Jun, 2026, 01.30 PM IST
- India aims to co-develop, co-design, co-produce, co-manufacture: MEA on Rafale deal with FranceIndia is boosting its defence manufacturing through the 'Make in India' initiative. Discussions with France focus on co-developing and co-p...14 Jun, 2026, 10.22 PM IST
- 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...13 Jun, 2026, 04.06 PM IST
- US Treasury expands bank data-sharing rules tied to Trump immigration crackdownThe Treasury Department is guiding banks to share information on suspected undocumented customers, framing it as a crackdown on fraud and c...13 Jun, 2026, 02.03 PM IST
- Pakistan budget raises defence spending, squeezes development to meet IMF goalsFinance Minister Muhammad Aurangzeb told parliament the government would allocate 3 trillion rupees for defence in the fiscal year starting...12 Jun, 2026, 08.10 PM IST
- Australia imposes record $211 million fine on collapsed broker Union Standard, representativesAustralia's federal court has imposed a record A$300.2 million fine on Union Standard and its representatives. The foreign exchange broker ...12 Jun, 2026, 12.48 PM IST
- Indian Navy to get 20 advanced jammers under ₹449 crore defence dealThe Ministry of Defence has secured 20 Enhanced Capability Global Navigation Satellite System Jammers for the Indian Navy. The Rs 449 crore...10 Jun, 2026, 03.45 PM IST
- Social Security payment schedule 2026: Why 7 million SSI recipients will see three months with no checksMore than 7 million Americans receive Supplemental Security Income, making every Social Security payment date critical. In 2026, some Socia...05 Jun, 2026, 01.59 AM IST
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