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Arms purchase up, yet Army faces barrel crunch

The New Indian Express Villupuram

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December 26, 2024

AT the time when the Indian Army is modernising its offensive capabilities, specifically in the Artillery and the Armoured Regiments, a Comptroller and Auditor General (CAG) audit exercise has reported "shortfall of barrels and breech mechanisms ranging from 30-100 per cent of the production capacity" during 2015-22. A delay in the supply of ammunition has also been noticed.

- MAYANK SINGH @New Delhi

The CAG audit also found that augmentation of production capacity of large calibre weapons in ordnance factories "could not be completed (January 2023)", even though an expenditure of ₹292.32 crore (₹253.13 crore P&M + ₹39.19 crore civil works) was incurred.

The CAG has advised the Ministry of Defence and Defence public sector undertakings to "work out a revised time frame and put in place a strengthened monitoring mechanism to achieve project deliverables."

FLERE HISTORIER FRA The New Indian Express Villupuram

The New Indian Express Villupuram

'Emirates NBD deal is not a sale, it is infusion of fresh equity capital'

RBL Bank, one of the first Indian banks to operate without a promoter entity, made a history last week by announcing the largest-ever foreign direct investment (FDI) in the domestic banking sector.

time to read

2 mins

October 27, 2025

The New Indian Express Villupuram

CYCLONE HEADS TO AP, BUT TN MIGHT STILL SEE SHOWERS

THE India Meteorological Department (IMD) has retained the orange alert, issued for a few northern coastal districts in Tamil Nadu, including Chennai, for Monday.

time to read

1 min

October 27, 2025

The New Indian Express Villupuram

Parties reach out to Chhath returnees

Migrants expected to boost voter turnout

time to read

2 mins

October 27, 2025

The New Indian Express Villupuram

Initiatives, ventures, & collaboration

From students to startups, IIM Indore is shaping a culture of creation and connection that reaches far beyond its campus

time to read

1 min

October 27, 2025

The New Indian Express Villupuram

THREE CHEERS Radha leaves a mark in rain-hit match

Radha leaves a mark in rain-hit match

time to read

1 min

October 27, 2025

The New Indian Express Villupuram

Ola Electric board approves ₹1,500 cr fundraising as co scales EV, battery mfg

OLA Electric Mobility Limited has announced a major fundraising plan, with its Board of Directors approving a proposal to raise up to ₹1,500 crore.

time to read

1 min

October 27, 2025

The New Indian Express Villupuram

The New Indian Express Villupuram

Karur victims’ kin travel to Chennai for meet with Vijay

RELATIVES of at least 32 people killed in the Karur stampede as well as over 10 injured persons and their families, travelled to Chennai on Sunday to meet Tamilaga Vettri Kazhagam (TVK) founder Vijay on Monday morning.

time to read

1 mins

October 27, 2025

The New Indian Express Villupuram

THEKUA AND THE DIVINE

TODAY is honoured across a wide swathe of Eastern India as the centrepoint of the four-day Chhath Puja or Surya Shashti Vrat.

time to read

4 mins

October 27, 2025

The New Indian Express Villupuram

CDS on six-day Indonesia visit to deepen security ties

TO further bolster ties between the two nations, Chief of Defence Staff (CDS) General Anil Chauhan reached Indonesia on Sunday for an official visit.

time to read

1 mins

October 27, 2025

The New Indian Express Villupuram

PRECIOUS METALS ENTER UNSURE PHASE POST-RALLY

OLD and silver prices defied expectations, hitting record highs earlier this month.

time to read

1 mins

October 27, 2025

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