Senior counsel, Diwedi submitted that technology is advancing and we have limitations of understanding the technological developments.
Swedish Prime Minister Lofven lauded India as 'global power' and said the two countries are a 'perfect match'.
Morgan Stanley says, India will clock 7.9 per cent GDP growth in current fiscal.
The group said Dassault choose Reliance Defence Ltd to meet its 'offset' or export obligation in the contract and the Ministry of Defence has no role in the selection of Indian partners by the foreign vendors.
Marking a breakthrough in the protracted talks in the French Rafale jet deal, Prime Minister Narendra Modi announced on Friday that India will purchase 36 of these fighter planes that are ready to fly, citing critical operational requirement of the Indian Air Force.
The defence sector is seeing renewed interest by Indian corporates, says Jyoti Mukul
Modi govt did decent job in its first year.
The defence modernisation had "slowed down" in the last few years and providing the required equipment to the armed forces in a speedy manner would be the top priority of the Modi government, Defence Minister Arun Jaitley said on Tuesday.
Gujarat Chief Minister Anandiben Patel and the finance minister were in the commercial capital to participate in a road show organised jointly by the Gujarat government and Confederation of Indian Industry for the Vibrant Gujarat summit, slated for January next year.
The video clips showed some terrorists being killed, besides destruction of bunkers and other military constructions.
Prime Minister, Narendra Modi met Israeli Prime Minister Binyamin Netanyahu in New York, marking the first meeting between an Israeli prime minister and the prime minister of India in more than a decade.
The prime minister said that a larger Indian economy has multiple benefits for the world
The ministry had spent 82 per cent of that amount till the start of this month.
Prime Minister Narendra Modi met top French business leaders with an aim of bringing French investment and technologies to India.
Implementation of civil nuclear cooperation and ways to expand cooperation in the fields of defence, security and economy will be high on the agenda when Prime Minister Manmohan Singh meets President Barack Obama in Washington next week.
SpiceJet had last year announced a $4.4-bn deal for 42 Boeing 737 Max.
India needs to invest a lot more money in science research and translate this research into products and solutions for its people, says trustee at the Infosys Science Foundation and co-founder at Infosys Kris Gopalakrishnan.
As the Modi government enters the fourth year of its tenure, it is looking more confident, shedding its earlier inhibitions about offering sops or new opportunities to big business, says A K Bhattacharya.
'It appears that Prime Minister Modi has to undo 50 years of State monopoly in the defence sector during which public undertakings like HAL or DRDO monopolised defence production and development with disastrous consequences.'
'Where is the analysis that we need to spend at least Rs 4 trillion to keep India safe?'
Arun Jaitley has clarified his custodianship of 3 ministries - finance, corporate affairs and defence.
Services attract highest foreign direct investment, despite Make in India push.
India has decided to buy 8,356 Spike anti-tank guided missile and 321 launchers from Israel for Rs 3,200 crore, rejecting US offer of Javelin missiles that Washington was lobbying hard for.
'With the new DPP, there will be greater transparency and faster clearances.'
Prime Minister Narendra Modi will leave on Thursday on a nine-day tour of France, Germany and Canada with focus on inviting investments.
Prasad alleged there was pressure for extraneous considerations and 'bribe' for not finalising the Rafale deal during the UPA rule.
Airbus recently bagged large orders from Indian airlines such as Indigo and Go Air.
Ahead of Prime Minister Narendra Modi's visit to Russia, defence ministry's top acquisition council on Thursday cleared the purchase of an estimated Rs 40,000 crore Russian S-400 Triumf air defence missile systems, besides giving the go-ahead to other projects worth over Rs 25,000 crore.
The army is planning to procure 100 self-propelled artillery howitzers and three Indian vendors, including two private companies, have been selected for trial of their equipment, Defence Minister A K Antony told the Lok Sabha on Monday.
The introduction of GST would constitute India's biggest reform.
'I couldn't think of a more visible strategic form of cooperation than both of our armed serves using a similar weaponry jointly developed together.' Aziz Haniffa/Rediff.com reports from Washington, DC on what is expected in the India-US defence relationship during Prime Minister Modi's visit.
Prime Minister Narendra Modi on Friday said his government has within 100 days in office steered the economy out of a "difficult situation" and brought stability, and promised to remove roadblocks to foreign investment.
He said India needs huge amounts of energy for development but will do whatever it can to deal with the problem of climate change as it sees the world as one family.
Defence Minister Manohar Parrikar has asked the Indian Air Force to focus on safety and conservation of available resources as he interacted with top commanders in New Delhi just days after India decided to buy 36 Rafale jets.
Facing attacks back home over the issue of intolerance, Prime Minister Narendra Modi on Friday said India's diversity was the country's "strength and pride" and underlined the importance of peaceful co-existence.
Prime Minister Narendra Modi will be reciprocating the reception he received from the Israeli PM during his visit last July, report Archis Mohan & PTI.
The PM said, 'Regrettably, one of the countries of its origin and spread is in India's neighbourhood.'
In a major liberalisation, the government on Thursday allowed manufacturing of several hundreds of equipment and products in the defence sector without licence.
Prime Minister Narendra Modi promised a conducive environment for manufacturers, including a discrimination-free tax system
Tatas may look at selling part of its stake in couple of investments
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