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As Anduril, America’s most closely watched weapons company, nears $60 billion valaution, CEO Palmer Luckey says that he will never …

Anduril CEO Palmer Luckey. Anduril, the defense technology startup founded by Palmer Luckey in 2017 is reportedly in talks for a funding round which could value the company at $60 billion. The firm, which designs autonomous systems like the Fury combat drone and Ghose Shark submarine, is now riding on the globale increase in defense…

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Centre grants full customs duty exemption on critical petrochemical products amid Middle East crisis: Check list

As energy supply disruptions due to the ongoing Middle East conflict stretch into a second month, the government has moved to cushion the impact on domestic industries by granting a full customs duty exemption on select critical petrochemical products, providing much-needed short-term relief. The decision, which will be applicable until June 30, will address supply…

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