India fully utilised its military modernisation budget in 2024-2025 -- the first time in five years -- and signed a record Rs 2 trillion defence contracts.
The company had announced similar pricing for Sri Lanka, where its application was in advanced stages of regulatory clearance.
'Make-in-India played a key role in India's effective action against terrorism during Operation Sindoor.'
'The devastating Indian Air Force strikes on the night of May 9-10 exposed Pakistan's vulnerabilities.' 'If these had continued, it would have further degraded Pakistan's ability to continue with air operations.'
'With a military-led strategy to counter terrorism emanating from Pakistan, India has clearly signalled that it would respond decisively to future terrorist threats.'
Private and public defence players can bid to participate in the stealth fighter development programme independently, as a joint venture, or as consortia.
Bharti Airtel vice-chairman & managing director Gopal Vittal on Wednesday said while a call on exercising the option of converting pending spectrum dues into government equity would be taken by its board, the company had reached out to the Department of Telecommunications (DoT) to confirm whether it could do so. "On the adjusted gross revenue (AGR) conversion, it was simple.
'Whatever we do, the purpose will be to re-establish deterrence.'
With a major network rollout on the cards, the government is not keen to change the pattern of tower monetisation for Bharat Sanchar Nigam Ltd (BSNL), officials at the state-owned telecom-service provider said. The monetisation target in the telecom sector had to be revised owing to a change in BSNL's approach to mobile-phone tower monetisation, which had shifted from a sale-based model to a lease-based one.
Starlink's application for offering satcom services in India had been held up for the company's inability to comply with mandatory ownership disclosure norms.
With India making it clear that the US doesn't have enough spare capacity for crude oil, Washington, DC, now wants India to sign fixed-term liquefied natural gas (LNG) contracts with American producers, multiple sources in the know said.
The Squad seeks to counter China's power assertions in the South China Sea region.
The US wants India to recognise internationally accredited labs, harmonise labelling requirements and the validity period of test reports and certification with global practices, and eliminate retesting requirements.
ONGC's overseas arm applied for a sanctions waiver to access $500 million dividend from two Venezuelan projects.
While India has become the largest data generating nation, and hosts more than 152 data centres, it is fed by only 18 undersea cables.
In a significant move, state-run oil producer Oil India Limited (OIL) has finished drilling its first well in the Andaman sea while Oil and Natural Gas Corporation (ONGC) has just started drilling operations in the area, said officials.
The value of contracts awarded by the MoD in 2024-2025 is the highest ever and double the previous record set in 2023-2024.
The ATAGS has a range of 35-45 kilometres, depending on the ammunition used, and achieved a 47-km firing range during trials.
The maiden Africa India Key Maritime Engagement exercise will be held from April 13 to 18 off the coast of Dar es Salaam, Tanzania.
'We will never recognise any part of territories occupied by the Russians.'
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