The Defence Acquisition Council (DAC) has recently approved procurement proposals worth Rs 79,000 crore across three services and it has cleared AoN (Acceptance of Necessity) of Rs 3.3 trillion in financial year 2026 (FY26).
This is the second-worst performance by the pack during this period over the last five years since CY20.
'Our problem is not a budget deficit but a trust deficit. We need to trust our institutions and industries to innovate and lead. That is the way forward for India.'
HAL's order book amounts to Rs 2.45 trillion by end of Q2FY26, implying a book-to-bill ratio of 32 times based on FY25 revenue.
HAL has assured the IAF that 12 Mk1A aircraft will be delivered by the end of 2025-2026.
Global index provider MSCI has announced the addition of four Indian companies-including Fortis Healthcare and Paytm - to its Global Standard indices. According to Nuvama Alternative & Quantitative Research, each of these companies is expected to see passive inflows exceeding $400 million. Shares of Paytm rose 4.3 per cent on Thursday, while Fortis Healthcare dipped 1.1 per cent.
Tensions began soon after Indian authorities proposed flying the American black-box experts to a remote military facility, even as US officials intervened, citing safety and security risks.
Microsoft CEO Satya Nadella on Tuesday announced plans to invest $17.5 billion in India to help build infrastructure and sovereign capabilities for the country's AI-first future, marking the third major AI-driven investment in the country in the past two months. Microsoft said that the $17.5 billion (around Rs 1.58 lakh crore) investment builds on the $3 billion (around Rs 26,955 crore) funding announced earlier this year, which the company is on track to spend by the end of CY (calendar year) 2026.
HAL executives said deliveries of the Tejas Mk1A to the IAF would begin within this year, but only after the successful completion of the weapons-firing trials currently underway.
'The aircraft is expected to be ready for rollout between January and March 2026, and to fly by the end of the year.'
HAL aims to raise output from the current ceiling of 24 aircraft a year to 30 by the end of 2027
The pact is significant as India has been sourcing its military jets from Russia and European consortia.
United States President Joe Biden and Prime Minister Narendra Modi are expected to make meaningful advancements on the GE jet engine deal and civil nuclear technology during their bilateral talks, National Security Advisor Jake Sullivan was cited in a Reuters report.
The slippage in the delivery schedule for the LCA Mk-1A variant of the jet had become a major issue with Chief of Air Staff Air Chief Marshal A P Singh raising the matter publicly.
In the phone conversation on Tuesday, Singh urged Hegseth to expedite the delivery of GE F404 engines to power the Tejas Light Combat Aircraft, people familiar with the matter said.
Announcing the launch of "Mission Sudarshan Chakra", Modi said it will be aimed at neutralising enemy threat and enhancing India's offensive capabilities.
The HAL and GE from the US would be producing these engines jointly in a facility in India.
Air India's ill-fated Boeing 787-8 Dreamliner that crashed soon after take off from Ahmedabad airport on June 12 underwent comprehensive maintenance checks in June 2023 and was due for the next scheduled comprehensive checks in December this year, according to airline officials.
The Directorate General of Civil Aviation has directed Air India to carry out additional maintenance actions on its Boeing 787-8 and 787-9 planes equipped with Genx engines with immediate effect.
'Government officials use Gmail and ordinary phones without basic security consciousness.' 'Interoperability, especially in joint exercises with countries like the US, worries me.' 'It often means we open our systems to them, but they don't reciprocate.' 'They could have kill switches in their systems and might even be able to affect ours.'
'The next decade will be even more transformative,' says Prime Minister Modi. 'We are moving from digital governance to global digital leadership.'
The Aircraft Accident Investigation Bureau has published its preliminary report on the fatal accident of Air India's Boeing 787-8 plane that was operating flight AI 171 from Ahmedabad to London Gatwick on June 12.
A Reuters report stated that the high-profile meeting reflects Ambani's growing influence in global business and diplomacy. Over the years, Qatar Investment Authority (QIA), the country's sovereign wealth fund, has invested in several Reliance ventures.
The performance of Hindustan Aeronautics Limited (HAL) for 2024-25 (FY25) was driven by improved margins and lower provisions. The order book as of March was of Rs 1.8 trillion, with inflows of Rs 1 trillion during FY25.
India and the US have collaborated through the past one month on launching a powerful satellite; are commencing joint production of GE Aerospace's F414 jet engines in India; India is participating in a massive three week-long military exercise in the Western Pacific, observes Ambassador M K Bhadrakumar.
Air India replaced the Throttle Control Module (TCM) of the crashed Boeing 787-8 plane twice in the last six years following a directive from Boeing in 2019, sources said on Sunday. The replacement of the TCM twice -- in 2019 and 2023 -- was mentioned in the Aircraft Accident Investigation Bureau's (AAIB) preliminary probe report into the crash that was released on Saturday.
'The switch can't be shut off by an accidental brush of the hand, but needs effort, conscious physical action to operate it.' 'Was it the software of the aeroplane that caused the switch to turn off?' 'Was it the hardware of the aeroplane?' 'Was it both software and hardware put together?'
Apple Inc has named India-origin Sabih Khan as its new Chief Operating Officer (COO), marking a key move in its long-planned leadership transition. Khan, 58, who has been with Apple for 30 years and is currently the senior vice president of operations, will succeed Jeff Williams later this month, the iPhone maker said in a statement.
News reports that GE Aerospace has delivered the first of 99 F404-IN20 engines ordered by Hindustan Aeronautics (HAL) for the Tejas Mk-1A has revived interest in the HAL stock.
Researchers from the Indian Institute of Astrophysics (IIA) have discovered an unexpectedly high abundance of germanium in the Extreme Helium star A980, challenging existing theories about stellar chemistry and the evolution of rare stars.
Aviation expert Captain Mohan Ranganathan claims human error led to the Air India plane crash and calls for more transparency in the AAIB's preliminary report.
'Today's situation is unacceptable. It has the potential to affect the IAF's operational capability.'
'Visualise those 15 to 18 seconds: Fully loaded aircraft, pilot manually controlling with both hands (no autopilot immediately after takeoff), looking forward while switches are behind.'
'Who tried engine relight?' 'If the first officer was the one flying at takeoff, the captain may have taken control immediately post-thrust loss.' 'But the AAIB report doesn't clarify any of this.'
A preliminary investigation into the Air India Flight 171 crash in Ahmedabad reveals that both fuel switches were cut off before the crash, followed by pilot confusion. The report also indicates that fuel samples were satisfactory and no immediate action is recommended for Boeing 787-8 operators.
'AAIB preliminary report was more detailed than most people were expecting.'
The slot constraint in Indian airports is also going to play a role in pushing airlines to have wide bodies.
Asra Hussain Raza, a 26-year-old daughter of Indian immigrants, was among the 67 people killed in a tragic midair collision between an Army helicopter and a jetliner at Ronald Reagan National Airport in the US. The collision, the deadliest aviation disaster in the US since 2001, happened when American Airlines Flight 5342 collided with the Army helicopter as it approached the airport on Wednesday night. Raza, a consultant, graduated with honors from Indiana University and married her college sweetheart in August 2023.
Pilot groups have accused the AAIB of portraying the pilots as responsible for the incident, with vague and selective presentation of cockpit conversations.
When the technology gap between China and India will remain large, cost-effective hardware of the kind that proved their worth in Operation Sindoor should be our priority, points out R Jagannathan.
