17 FEB

DRDO to conduct captive flight trails of Anti-Radiation Missile 

Anti-Radiation Missile

Defence Research and Development Organisation (DRDO) has decided to conduct captive flight trials of an advanced, state-of-the-art Anti-Radiation Missile (ARM) in April-May 2016. During captive flight trials DRDO scientist will evaluate performance of the missile’s heat seeker, structural capability, navigation and control system and aerodynamic vibrations. Later by end of 2016, actual ground testing will be conducted and later it will be fired from Su-30 during the actual flight trial.

Former UN Secretary General Boutros Ghali passes away 

Former United Nations (UN) Secretary-General Boutros Boutros-Ghali passed away in Cairo, Egypt. He was 93. Mr. Boutros-Ghali was Egyptian politician and diplomat who had served as sixth UN Secretary-General from 1992 to 1996. He was United Nations’ first secretary-general from Africa.

Union Government unveils National Capital Goods Policy 2016 

National Capital Goods Policy
The Union Government has unveiled a National Capital Goods Policy 2016 to give an impetus to the capital goods sector and the Make in India initiative. It was unveiled by Union Minister of Heavy Industry & Public Enterprise Anant Geet on the occasion of the Make in India Week held in Mumbai, Maharashtra. This is for the first time, Union Government (Ministry of Heavy Industry & Public Enterprise) has framed such national policy for the capital goods sector.

M Devaraja Reddy elected as ICAI President 

Devaraja Reddy has been elected as President of The
Institute of Chartered Accountants of India (ICAI). He will have tenure of one year of ICAI which is an apex body of Indian Chartered Accountant. Prior to this appointment, he was Vice President of ICAI for the Council Year 2015-16. He is chartered accountant from past 28 years.