President Joe Biden on Monday signed into law a defence bill that authorises significant pay raises for junior enlisted service members, aims to counter China's growing power and boosts overall military spending to USD 895 billion despite his objections to language stripping coverage of transgender medical treatments for children in military families.
Biden said his administration strongly opposes the provision because it targets a group based on gender identity and "interferes with parents' roles to determine the best care for their children. He said it also undermines the all-volunteer military's ability to recruit and retain talent.
No service member should have to decide between their family's health care access and their call to serve our nation, the president said in a statement.
The Senate forwarded the bill to Biden after passing it last week by a vote of 85-14. In the House, a majority of Democrats voted against the bill after House Speaker Mike Johnson insisted on adding t

Joe Biden, Biden

On the bourses, BHEL and Data Patterns have given solid returns. On a year-to-date (Y-T-D) basis, BHEL soared over 21%, while Data Patterns gained 35%

Defence equipments, weapons, India weapons, Army, weapon

Addressing diverse areas ranging from patent processes to frameworks for AI regulation, the Centre introduced several significant regulatory changes in 2024

regulation, guidelines, regulator, sebi

The basis of allotment for DAM Capital Advisors IPO shares is expected to be finalised today. Investors can check the final subscription status, allotment status, GMP, and listing schedule here

In a letter dated Dec. 23, the government's agriculture minister said the government is halting its participation in the Integrated Food Security Phase Classification (IPC) system

South Sudan refugees (Photo: Shutterstock)

Latest news updates: Catch the latest news developments here

Shyam Benegal, Indian director and screenwriter at International Film Festival of Kerala 2016

Air Works, which has a workforce of more than 1,300 personnel, handles MRO work for commercial as well as defence aircraft

Jeet Adani, director of Adani Airport Holdings Limited (AAHL)

Adani Group on Monday said it will acquire aviation maintenance, repair and overhaul (MRO) services firm Air Works for an enterprise value of Rs 400 crore.
"Adani Defence Systems & Technologies Ltd (ADSTL) has signed a share purchase agreement to acquire 85.8 per cent shareholding in Air Works, India's largest private sector MRO company with the largest pan-India footprint," the conglomerate said in a statement.
With operations spanning 35 cities and a workforce of over 1,300 personnel, Air Works brings extensive expertise in servicing both fixed-wing and rotary-wing aircraft.

Adani

Airtel adds 1.9 million users after 3 months, BSNL grows base

Jio IPO size is being derived on the basis of its valuation benchmarked against Airtel

Shares of Pearl Global Industries hit a new high of Rs 1,422.05, surging 9 per cent on the BSE in Monday's intra-day trade in otherwise weak broader market.

Sensex, Nifty, stock brokers

Coinbase donated $1 million to the Trump-Vance inauguration committee before the election results were known, according to the company

Donald Trump, Trump

Violence has gripped the entire state since May now, and the central government had to deploy paramilitary forces to bring the situation under control

Security forces,army,soilder

WhatsApp wins a major legal case against NSO Group over Pegasus spyware, marking a key step in holding spyware companies accountable for unlawful surveillance of activists, journalists, and officials

hacking, data, privacy, cyber security

PM Modi will embark on a historic Kuwait visit, marking the first by an Indian PM in 43 years, aiming to boost ties in trade, energy, investment, and cultural exchanges

Narendra Modi, modi

The calling for halt to rash of 'masjids built over mandirs' claims could stem from realisation that it will be impossible for BJP government to maintain order if the issue spirals out of control

Mohan Bhagwat, Mohan, RSS Sarsanghchalak

"This is a national tragedy, violating the spirit of the Good & Simple Tax the GST was meant to be," says former chief economic adviser Arvind Subramanian

popcorn

Finance Minister Nirmala Sitharaman on Saturday said that states did not agree on bringing aviation turbine fuel under the ambit of Goods and Services Tax.
"States did not feel comfortable. They didn't want the ATF because they saw it as part of the crude petroleum diesel basket, and therefore they said that it alone cannot be taken out, and therefore that continues to remain where it is today," she said while briefing media on the outcome of 55th GST Council meeting here.
Besides, she said, no decision was taken with regard to reduction in GST on insurance premiums as the Group of Ministers (Go) needed more time to study the issue.
Many inputs are awaited including the one from insurance regulator IRDAI, she said.
She further said that the GST Council has also deferred the decision with regard to rate rationalisation as more time is required by the GoM for a comprehensive study.
However, the Council made suggestions with regard to GST rate revision on various items including ...

Nirmala Sitharaman, Union Finance Minister

The incident occurred on December 18, when the Indian Navy lost control while undertaking engine trials in Mumbai Harbour due to an engine malfunction

Mumbai ferry collision

An inquiry commission formed by Bangladesh's interim government has said that it has found India's "involvement in alleged incidents of enforced disappearances during deposed prime minister Sheikh Hasina's regime, the state-run news agency BSS reported on Saturday.
The Bangladesh Sangbad Sangstha quoting the Commission of Inquiry on Enforced Disappearance said, The Indian involvement in Bangladesh's system of enforced disappearances is a matter of public record."
The report said that according to the five-member commission headed by a retired Supreme Court judge, there was a persistent suggestion in law enforcement circles that some Bangladeshi prisoners might still be languishing in Indian jails.
"We recommend the Ministries of Foreign and Home to extend their best efforts to identify any Bangladeshi citizens who may still remain incarcerated in India. It is beyond the jurisdiction of the commission to follow this trail outside Bangladesh," the commission said.
The commission said

Bangladesh flag, Indian flag

Amid controversy over Home Minister Amit Shah's remarks on Ambedkar, Kejriwal launches Dr Ambedkar Samman Scholarship, pledging support for Dalit students pursuing studies abroad

Sunanda K Datta-Ray

Sunanda K Datta-Ray

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Biden signs defence bill despite objections to ban transgender health care

Top defence stocks for 2025: Nuvama bets big on BEL, Data Patterns

Year in review: 5 important regulatory changes by Indian govt in 2024

DAM Capital Advisors IPO allotment: Check status, GMP, likely listing price

Sudan halts participation in hunger-monitor system on eve of famine report

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News updates: Filmmaker Shyam Benegal passes away at 90 after prolonged illness

Adani Defence acquires 86% shareholding in MRO firm Air Works at Rs 400 cr

Adani to acquire 85.8% stake in Air Works for Rs 400 cr enterprise value

Tariff impact: Reliance Jio loses 3.76 million users in October 2024

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