In a joint statement, the two armies said it was agreed to earnestly implement the important consensus reached by the leaders of the two countries and ensure that the frontline troops exercise restraint and avoid misunderstanding and miscalculation.
'The use of military power to settle disputes is not always preferred and is the last preferred option, but it certainly remains an option.'
A joint statement released on Thursday said both sides exchanged views in an 'open and constructive' manner to resolve the 'relevant issues' and that it was agreed to maintain 'security and stability' on the ground in the region.
An officer and a jawan of the army were killed in a mysterious blast near a forward post along the Line of Control (LoC) in Rajouri district of Jammu and Kashmir on Saturday, officials said.
The structure and the level at which the hotline would be set up is likely to come up for discussion in future meetings between the two countries at the military level, they said.
Rupert Murdoch-led News Corp has acquired 25 per cent stake in real estate portal PropTiger.com for $30 million.
British Defence Secretary M Fallon on Thursday laid a wreath at the war memorial at India Gate to commemorate India's contribution during World War I.
ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), has emerged as the Indian company having the most international exposure for the second consecutive year, says a survey.
Northern Army commander Lieutenant General Upendra Dwivedi on Friday said the situation along the Line of Actual Control in eastern Ladakh was stable but in a state of "heightened alert" and asserted that there would be no security lapse on fronts of "operational preparedness and readiness" along the India-China border.
Honda Motorcycle and Scooter India (HMSI), India's second-largest two-wheeler maker, on Wednesday revealed its electric vehicle (EV) roadmap, which includes setting up a dedicated EV factory, launching the first two EVs in 2023-24, and establishing 6,000 battery exchange points in the country. HMSI plans to establish a specialised unit for the manufacturing of electric vehicles (EVs), named 'Factory E', at its Narsapura plant located in Karnataka. Factory E will be created by converting an existing production line that currently manufactures internal combustion engine (ICE) vehicles, said Atsushi Ogata, HMSI managing director and chief executive officer.
After a gap of over three months, India and China on Wednesday are holding another round of high-level military talks to resolve the 20-month-long military standoff in the remaining friction points in eastern Ladakh, sources in the security establishment said.
Indian Oil Corp is ranked highest at 161st in the Fortune 500 list.
'The Ever Given, which had 200,000 tonnes of cargo, was too long for the Suez Canal.'
UK's Cairn Energy Plc plans to bring lawsuits in the US and other countries to pierce the corporate veil between the Indian government and its owned companies such as in oil and gas, shipping, airline and banking sectors, to seize their overseas assets to recover $1.2 billion ordered by an international arbitration tribunal. The firm has moved courts in the US, UK, Canada, France, Singapore, the Netherlands and three other countries to register the December 2020 arbitration tribunal ruling that overturned the Indian government's Rs 10,247 crore demand in back taxes and ordered New Delhi to return $1.2 billion in value of shares it had sold, dividends seized and tax refunds withheld to recover the tax demand. With the government so far refusing to honour the arbitration award and instead choosing to challenge it, Cairn is looking to enforce it by seizing overseas Indian assets, Dennis Hranitzky, head of the sovereign litigation practice at Quinn Emanuel Urquhart & Sullivan, a law firm representing the company, told PTI.
Pakistan's claim comes in the wake of tense relations between the two countries in the aftermath of the Pulwama terror attack.
Ahead of Director-General of Military Operations-level talks next week, an elite Strike Corps of the Indian Army carried out wargames near the India-Pakistan border involving over 15,000 troops and over 100 tanks.
Helicopter pilot Squadron Leader Sindhu Reddy will lead the IAF's 144-member all male marching contingent at Thursday's Republic Day Parade.
What is the correct way to pronounce suit? Is it soot or sweet?
On the first anniversary of the deadly clashes, the army said the supreme sacrifice of the soldiers while fighting the adversary in the "most difficult" high altitude terrain will be "eternally etched" in the memory of the nation.
'The 1971 War was our greatest military victory.' 'It had so many stories of exceptional valour and leadership.'
Energy supermajor Exxon Mobil Corp is in talks to buy a stake in producing oil and gas fields in India, Oil Minister Dharmendra Pradhan said on Wednesday showcasing efforts to raise domestic output to cut imports. Exxon Mobil had in October last year signed a memorandum of understanding (MoU) with state-owned Oil and Natural Gas Corporation (ONGC) to offer its expertise and technology for developing resources in offshore blocks.
They said various Mandarin language courses are being run at the language schools at the Northern, Eastern and Central commands of the Army.
The talks took place in a beach resort in Benaulim on the sidelines of a meeting of the Council of Foreign Ministers of the Shanghai Cooperation Organisation.
Overseas shipments at auto firms expanded at a brisk pace year-on-year (YoY) in March, bumping up the overall annual exports for FY22 and taking it to a record level for some like Maruti Suzuki India and Bajaj Auto. Amid a semiconductor shortage, a depreciating rupee and a strong demand in various export destinations, passenger vehicle makers diverted capacity meant for the local market in favour of the more-lucrative export market. Among the passenger vehicle makers, market leader Maruti Suzuki led the rally with its overseas shipments touching a record level of 238,376 units in FY22 - the highest for the company in any financial year.
Amazon had decided not to participate in the bidding as the company did not find it a viable option for growth in India
According to a recent study, 89 per cent working women from India believed that it is important to have ambitions compared to the global average of 59 per cent
The dream-run in railway stocks may soon run out of steam, caution analysts. The rally, which has lasted nearly a year, may meet time-wise correction post the Union Budget announcements as investors begin scalping profits. "There is going to be a build-up in expectations for the sector from the Union Budget, which is still two-odd months away.
'There have been equal or more casualties on the Chinese side.' 'Our soldiers are hardy and strong and far superior than the Chinese.'
Petrol and diesel price soared to an all-time high across the country on Friday after rates were hiked again by 25 paise and 30 paise a litre, respectively. The price of petrol in Delhi rose it its highest ever level of Rs 101.89 a litre and to Rs 107.95 in Mumbai, according to a price notification of state-owned fuel retailers. Diesel rates too touched a record high of Rs 90.17 in Delhi and Rs 97.84 in Mumbai.
Within the army, there is growing concern that New Delhi will allow the Chinese to retain the territory they have occupied in the last month.
Diesel price on Friday was hiked by 20 paise per litre - the first increase in rates in over two months - as international oil prices neared their highest since 2018. Price of diesel was hiked to Rs 88.82 per litre in Delhi and to Rs 96.41 in Mumbai, according to a price notification of state-owned fuel retailers. Petrol price was not changed. It costs Rs 101.19 a litre in Delhi and Rs 107.26 in Mumbai.
The defence minister visited the forward areas at a time when China is upgrading its infrastructure along the border.
With the Indian Navy's requirement of conventional submarines standing at 24, there is critical need to expedite the planned acquisition of six more conventional submarines.
Lt Gen Pande will succeed General MM Naravane, whose tenure ends on April 30.
Even as India overtakes Japan in automotive sales in 2022, moving to third place for the first time, oddly enough the country's biggest motor show is going to see some big hitters give it a clear miss. Some prominent automotive brands have cited high event costs, negligible returns on investment, poor event management, and unfavourable location as reasons for their reluctance to participate. Major pure-play electric two-wheelers, too, are riding past this year's edition of the Auto Expo.
Kicking off its Rs 25,000 crore (Rs 250 billion) mega retail plans, Reliance Industries announced on Friday that its first store will come up in Hyderabad in September, which will be a vegetable and food store.
Murthy, who currently is the top Indian-American advisor to President-elect Joe Biden on COVID-19, is a potential pick for the post of Secretary of Health and Human Services and Stanford University Professor Arun Majumdar for the post of Secretary of Energy, The Washington Post and Politico said in their reports on Tuesday that mentions a list of potential picks for various Cabinet-level positions in the Biden administration.
India and China held a special round of military talks on Tuesday at the Chushul-Moldo border meeting point in Eastern Ladakh to discuss air space violations and provocations by the Chinese side in that area in the last 45 days.
There was no official word on the outcome of the talks.
Did Vinod Sehgal die in Tsangdgar or was he taken PoW to Tibet or China? Why has the IAF kept so quiet for all these years, asks Claude Arpi.
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