INS Vikrant is being delivered about six years late and at a cost of about Rs 20,000 crore instead of the sanctioned Rs 3,261 crore.
A lot of new technologies developed indigenously were successfully tested in the trial.
Air Chief Marshal Bhadauria said the recent induction of Rafale jets along with previous acquisitions of C-17 Globemaster aircraft as well as Chinook and Apache helicopters have provided the IAF with substantial tactical and strategic capability enhancement.
Thailand expressed interest in the Indian defence industry and its experience and expertise in the field of defence R&D and production. Modi welcomed Thai investments in India in the potential areas under the 'Make in India' initiative, especially in the manufacturing sector, infrastructure development, tourism and hospitality facilities.
India on Monday successfully test-fired its indigenously developed nuclear capable Prithvi-II missile, which has a strike range of 350 km, as part of a user trial for the defence forces.
10 non-bank and non-finance stocks from the BSE500 Index universe that offer an optimal blend of low valuation, reasonably robust revenue and earnings growth in recent quarters, a strong balance sheet, and most importantly, positive cash flow from their operations.
A noted defence scientist on Wednesday rejected suggestions that China's new missile Chaoxun-1 (CX-1) was a copy of Indian supersonic cruise missile BrahMos. The technology used in CX-1 and BrahMos, an Indo-Russian joint production, was completely different, said A Sivathanu Pillai, who formerly served as Chief Controller of Research and Development at Defence Research and Development Organisation.
Defence Ministry says the report is being verified, maintaining that neither Indian nor French government had any say in the decision.
Kalam suggests creation of science cadre, your say?
Indian Army has deployed Pinaka and Smerch Multiple Rocket Launcher Systems (MRLS) at forward position near the China border to counter any threat arising across on the Line of Actual Control (LAC).
SAAB's Sea Gripen constitutes a new option as the INS Vikrant's light fighter
Economic growth, which we are taking for granted, slows for a completely different set of local or global factors and the Modi premium vanishes, observes Debashis Basu.
'Similar to the case of the digital payment system where the government created a public platform and others joined in, we are exploring a similar structure to create a PPP platform where the compute required for AI could be accessed by the small player.'
The PM's vision of a lean, agile, mobile and technology driven force requires more than 1.7 percent of GDP that it now gets.
India today successfully test fired indigenously-developed surface-to-air Akash missile with a strike range of 25 km and capability to carry warhead of 60 kg from the Integrated Test Range at Chandipur as part of a user-trial.
France has asked India for early finalisation of the long-pending Rs 30,000-crore project for joint production of short-range surface-to-air missile (SR-SAM) systems.
Frequent sanitisation of the entire parliament complex will also be carried out, while arrangements have been made to sanitise various parliamentary papers as well as footwear and cars of MPs, officials said.
Stocks of public sector undertakings (PSUs) have been on fire in the past year as investors cheered an improvement in key operating metrics and embraced counters of these state-owned enterprises, analysts suggest. The S&P BSE PSU Index has gained over 90 per cent in the past year, rising much higher than the S&P BSE Sensex, which has rose nearly 19 per cent during this period, according to ACE Equity data. The BSE PSU Index, reports show, has delivered a compound annual growth rate (CAGR) of 28 per cent (including dividends reinvestments) over five years and risen by almost 60 per cent in the past year.
These unmanned aerial vehicles can fly at high speeds, detect intruders, do aerobatic maneuvers like loops, rolls, spins, and hammerheads effortlessly and communicate with each other intelligently.
The Defence Research and Development Organisation (DRDO) has prepared the design of the aircraft while HAL is producing the engine and other parts.
The development and trials will continue and the rocket is expected to enter service any time now.
These companies were identified through the India Innovation Growth Programme, an innovation contest through which the US firm identifies Indian research and development potential.
India and the United States have started discussions to jointly develop a next-generation aircraft carrier to bolster the Indian Navy's blue-water capabilities, a top Pentagon official has said.
India has shortlisted five of the 17 hi-tech items of military hardware offered by the US for co-production and co-development under a one-of-its kind American offer to boost bilateral defence cooperation.
The death toll climbed to 3,03,720 with 4,454 daily deaths, the data updated at 8 am showed.
A salvo from a Pinaka battery brings down on the enemy more than seven tonnes of high explosive in just 44 seconds.
During the day-long debate, the lines between science and religion often got blurred with many invoking religious texts and the contribution of 'rishi munis' to highlight India's tryst with the extra-terrestrial world.
The approved proposals included "procurement of night sight (image intensifier), light vehicles GS 4X4, air defence fire control radar (light) and GSAT-7B satellite," it mentioned.
India is almost ready with its undersea launch version of the supersonic BrahMos cruise missile and wants the navy to help in preliminary test trials by the end of the year.
Defence and strategic experts on Monday said that China's posturing in the Indian Ocean will disturb stability and peace in the region.
Some parties complained to the Election Commission alleging violation of the model code.
Defence Research and Development Organisation plans to make the country "missile import free" by 2022, the agency has told the Prime Minister's Office.
Striking the airfield's runway precisely with one bomb is more economical than using traditional free-fall bombs.
The approval to the proposals come amid increasing hostilities by Pakistan along the Line of Control in Jammu and Kashmir as well as China's aggressive posturing in several sectors along the nearly 4,000-km-long Sino-India border.
The long-pending proposals were cleared at a meeting of the Defence Acquisition Council (DAC), the defence ministry's highest decision making body on procurement.
The sharp correction in the Indian markets from their peak levels has made valuations attractive, say analysts, who advise buying selectively, but only from a long-term perspective. Fifty-six of the Nifty 100 stocks, according to Mahesh Nandurkar, managing director at Jefferies, now trade below the 10-year historical averages, including stocks in financial, select auto, and pharma sectors. "Valuation (one-year forward consensus price-to-earnings, PE) has declined 25 per cent from October 2021 peak, almost matching the 33 per cent price-earnings contraction during the 2011 tightening cycle when repo rates went up by 375 basis points (bps) versus 250 bps this cycle.
Containing infiltration of terrorists into Jammu and Kashmir from Pakistan will be another key focus area.
This is part of the nine memorandums of understanding (MoUs) worth Rs 5,027 crore, including Hero Group-backed Ather Energy's over Rs 600 crore investment, to establish a manufacturing facility for e-vehicles.
The biggest procurement green-lighted was the Rs 217 billion purchase of 111 naval utility helicopters.
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