6 May 2015: Army gets Akash missiles

• The Army on Tuesday inducted the supersonic surface-to-air missile Akash, capable of targeting aerial threats up to a range of 25 km.
• The Union government has said it has no records of the six-decades-old Hyderabad Funds case, in which over £ 1 million of the Nizam’s wealth was transferred to a London bank account in the name of Pakistan’s High Commissioner in 1948. Surprisingly, the Press Information Bureau had issued a statement in 2008 that the Union Cabinet had cleared an out-of-court settlement with Pakistan. The Central Information Commission has directed the External Affairs Ministry to disclose whether any negotiation was started between India and Pakistan over the treasure, now estimated to be £30 million. The decision came after the External Affairs and Law Ministries said they had no records of the treasure.