From the “Bear” to some of the best flying machines, Kolkata’s new aircraft museum is a window to the world of Indian Navy’s air power. Kolkata recently got its first aircraft museum situated in New Town which was built by the State Urban Development and Municipal Affairs along with a pact with the Indian Navy, in early June this year. The aircraft museum is spread across an area of 2.2 acres of land which was allocated by West Bengal Housing Infrastructure Development Corporation or HIDCO. On display is a Soviet-built Tupolev 142 M nicknamed the “Bear”. The aircraft is contra-rotating…
Author: Aditya Paul
The iconic British-era bolt action rifle Ishapore 2A1 rifle will soon see an all-out pashing out after being in military and law enforcement service for nearly 60 years. With the bolt action rifle being on the route to decommissioning, an era nears its end. These rifles were primarily based on the Lee–Enfield rifles which were patented and licensed under the Rifle Factory Ishapore demarked as 2A1 rifle which was first produced in 1963. There is history to this iconic rifle. The 2A1 rifle was first tried and tested during the Indo-Pakistan War of 1965. This was the standard designated rifle…
The Russia-Ukraine war may well have deep ramifications for the Indian defense sector as well. After Russian troops rolled into Ukraine a couple of weeks ago, the western world announced sanctions resulting in Russia hitting back with export bans. The turn of events has caused worries in the Indian defense sector. Russia, despite an overall decline in its arms exports over the past decade or so, still continues to be a major arms supplier for India. In October 2018, New Delhi had inked a $5 billion deal with Moscow that involved the transfer of five units of the S-400 surface-to-air…
While diving into the nostalgia of decades of 80’s and 90’s, if Indian popular consciousness is destined to explore a ride, the default rider has to the Bajaj ‘Chetak’ scooter. Once the prized possession of Indian middle class, ‘Chetak’ scooter, was the manifestation of the vision of a man who steered the two-wheeler revolution of post-Independence history. Rahul Bajaj, the visionary, the ultimate crusader for millions, has departed. After being hospitalized for a month, Rahul Bajaj died in Pune on Saturday. He was 83 and was being treated for pneumonia and other heart related ailments. Billionaire businessman, was currently serving as…
The body – the substance is destined to diffuse into the cosmos, but eternal is the shimmer of the manifestations of the phenomenon that a human life is. And the shimmer inspired from the life lived by the Indian Nightingale, Lata Mangeshkar is simply unrivaled. The legendary singer was 92 years old when she took her last breath on 6th February 2022 at Breach Candy hospital in Mumbai, wherein she was admitted last month after being detected for Covid. Lata Mangeshkar had started her musical career at a very young age, at such a time when the music industry and…
In a bid to bolster economic recovery in pandemic times, the federal government in Budget 2022-23, proposed the plan to scale up capital expenditure to historic highs. The capex allocation has been increased by a whooping 35% from the previous year to 7.5 lakh crore. The capex booster is expected to compliment infrastructure development across sectors, domestic demand, and spur rural growth. Capital expenditure is essentially the money spent by the government on the diversified infrastructure development. It also includes the cost incurred on acquiring fixed assets like land and investment by the government that returns profit in future. …
The Union government has notified in a statement that it has completed the overall process of handing over management and ownership control of the national flag carrier Air India to Tata Sons, which brings the group back to the helm of the cash-strapped airline. “The strategic disinvestment transaction of Air India successfully concluded today with transfer of 100% shares of Air India to M/s Talace Pvt Ltd along with management control,” Secretary for the Department for Disinvestment and Public Asset Management, Tuhin Kanta Pandey, commented in a Twitter post. In October last year, Tata Sons, the holding company of Tata…
India’s legislative committee, the appointments committee of the cabinet, has named senior Indian Administrative Service officer Vikram Dev Dutt as the incumbent Chairman and Managing Director of state-run flag carrier Air India Ltd, according to a government statement. The appointment becomes effective at a time when the flag carrier has been acquired by Tata Group. In October, 2021, Tata Sons had clinched a bid to purchase Air India via a special purpose company at an enterprise value of Rs 18,000 crore. Prior to the current appointment, Dutt was Principal Secretary in Delhi government’s Health and Family Welfare department and later…
When the budget session of the Indian Parliament commences on January 31, 2022, investors will be waiting with bated breath to know what the session will have in store for the future of Cryptocurrency in the country. Many investors and experts The Voices spoke to said that they are optimistic that some regulation may be considered in the upcoming budget to legalise Cryptocurrency in the future. Even as uncertainty looms over the issue of cryptocurrency being made legal in India, former union finance secretary Subhash Chandra Garg told The Voices that cryptocurrency can never be a legal tender in India. The Cryptocurrency and Regulation…