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India's Defence Sector Sees Groundbreaking Transformation with Private Sector Dominance
Developing
Defense·5/25/2026AI summary

India's Defence Sector Sees Groundbreaking Transformation with Private Sector Dominance

India's defense industry is undergoing a major shift with private firms like TASL, L&T, and Bharat Forge shortlisted for the ambitious AMCA fighter jet program. This move aims to boost innovation and efficiency, with smaller companies like Nibe Defence also expanding capabilities. The government targets at least 50% private sector involvement in defense manufacturing.

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Economic Times
Thinktank calls for ‘double lock’ England private rent cap to ease living costs
NEWS
5/11/2026

Thinktank calls for ‘double lock’ England private rent cap to ease living costs

Influential IPPR proposes capping rents at whichever is lower of consumer price inflation or wage growthUK politics live – latest updatesOne of the thinktanks closest to the Labour government is urging ministers to introduce private sector rent controls in England, as the chancellor weighs up how to ease a surge in living costs caused by the Iran war.The Institute for Public Policy Research (IPPR) has published a paper calling for a rent “double lock”, which would link rent increases to either wages or inflation, depending on which was lower. Continue reading...

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Guardian UK
Hong Kong to have privately run care services under new scheme for middle-class elderly
NEWS
5/11/2026

Hong Kong to have privately run care services under new scheme for middle-class elderly

Hong Kong authorities will experiment leasing government-built elderly care facilities to the private sector, with the pilot programme aiming to provide more diverse services targeting middle-class senior residents. Labour and Welfare Bureau officials said in a Legislative Council panel meeting on Monday that the government would roll out a “publicly built, privately run” model to provide “more diverse and higher quality” elderly care services. Under the proposal, the government will invite...

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SCMP Economy
Hong Kong to have privately run care services under new scheme for middle class elderly
NEWS
5/11/2026

Hong Kong to have privately run care services under new scheme for middle class elderly

Hong Kong authorities will experiment leasing government-built elderly care facilities to the private sector, with the pilot programme aiming to provide more diverse services targeting middle class senior residents. Labour and Welfare Bureau officials said in a Legislative Council panel meeting on Monday that the government would roll out a “publicly built, privately run” model to provide “more diverse and higher quality” elderly care services. Under the proposal, the government will invite...

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SCMP Economy
Private sector will be invited to run new elderly care centres for middle class
NEWS
5/11/2026

Private sector will be invited to run new elderly care centres for middle class

Hong Kong authorities plan to lease out government-built day care facilities for the elderly to the private sector under a pilot programme aimed at providing more diverse services targeting older middle-class residents. Labour and Welfare Bureau officials said in a Legislative Council panel meeting on Monday that the government would introduce the “publicly built, privately run” model to provide “more diverse and higher quality” elderly care services. Under the plan, the government will invite...

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SCMP Economy