February 16, 2026

scrap

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India likely to scrap French Scorpene project, may go for German-origin subs | India News

contact@dailyupdatesindia.com03 mins

NEW DELHI: India may scrap the proposed project to build another three French-origin Scorpene submarines at Mazagon Docks (MDL), while it goes full steam ahead with the plan to construct six new German-origin diesel-electric stealth submarines at the same facility for over Rs 70,000 crore.The plan for the three additional Scorpene submarines, which would have…

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Donald Trump pushes to scrap quarterly earnings reports! SEC review gains attention; investors weigh long-term focus vs transparency

contact@dailyupdatesindia.com02 mins

US President Donald Trump (Photo-AP) US President Donald Trump has renewed his call to end quarterly earnings reports for publicly traded companies, suggesting instead a six-month reporting period to ease costs and allow executives to focus on running their businesses, AP reported.In a post on his social media platform Truth Social, Trump wrote, “This will…

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