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Pitch for big defence industrial corridor: Chandrababu Naidu wants HAL to make combat aircraft in Andhra Pradesh

HAL, anticipating orders worth Rs 2.5 trillion by 2026-27, is increasing production of LCA and Light Combat Helicopters. (File photo of Tejas) HAL defence aircraft to be made in Andhra Pradesh? N Chandrababu Naidu, the Chief Minister of Andhra Pradesh and a significant NDA ally, has proposed relocating the production facilities of Hindustan Aeronautics Limited’s…

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Council of Europe chief criticises push to ease expulsion of foreign criminals

BRUSSELS (Reuters) -The head of the Council of Europe, the continent’s leading human rights watchdog, criticised an initiative by nine European countries calling on member states to make it easier to expel foreign criminals. European governments have expressed frustration with the European Court of Human Rights’ use of the European Convention on Human Rights to…

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Maharashtra targets $5 trillion economy by 2047, sets vision for development: Fadnavis

Maharashtra has set an ambitious target of becoming a $5-trillion economy by 2047, with Chief Minister Devendra Fadnavis highlighting the state’s comprehensive strategy to achieve this goal. Addressing the NITI Aayog Governing Council meeting, Fadnavis said the state government is committed to implementing its vision for both development and the preservation of heritage, aligned with…

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Asian currencies set for long-term appreciation against US dollar: Jefferies report

Asian currencies are expected to appreciate against the US dollar in the long term, driven by higher gross national savings in emerging Asian economies compared to developed G7 nations, according to a recent report by Jefferies.The report pointed out that the gross national savings in emerging Asian countries are significantly higher, providing these economies with…

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