the defence ministry told Parliament on Monday that foreign procurement in defence has risen to Rs 50,061 crore (Rs 500.61 billion) in 2021-2022 from Rs 37,030 crore (Rs 370.30 billion) in 2017-2018.
Nibe Space (NSPL), a subsidiary of Nibe, announced its vision to establish India's first multi-sensor, all-weather, high-revisit Earth observation satellite constellation. Aiming to strengthen India's self-reliance in the strategically crucial defence-space sector, NSPL signed memoranda of agreement with Indian and global partners, including Larsen & Toubro, Centum, AgniKul, Skyroot Aerospace, SpaceFields, SISIR Radar, CYRAN AI Solutions, and Thales Alenia Space as a technology partner.
Clearly, he is in the right place, at the right time.
Reliance Industries has been eyeing the relatively closed field of defence manufacturing and homeland security for the past year or so. In fact Reliance chairman Mukesh Ambani handpicked Dr Vivek Lall, a former top executive with Boeing last year to lead the company's foray into the sector
President Droupadi Murmu addressed both Houses of Parliament, highlighting the government's achievements in various sectors, including economic growth, social welfare, and infrastructure development. She emphasized the government's efforts to lift the economy out of "policy paralysis" and create a more inclusive society. Murmu also acknowledged the challenges posed by digital fraud and cybercrime and stressed the need for a social infrastructure revolution. The President's speech is considered a policy statement, outlining the government's vision and roadmap for the future.
Air Marshal Amar Preet Singh has been appointed as the next Chief of the Air Staff.
'I eagerly await the day when we can experience a truly great Bollywood movie rooted in pure historical facts, one that authentically showcases the essence of our armed forces for Indian audiences,' notes Air Commodore Nitin Sathe (retd).
India's second nuclear-powered ballistic missile submarine was commissioned into the Navy on Thursday in the presence of Defence Minister Rajnath Singh who said this will further strengthen the country's nuclear triad and enhance nuclear deterrence.
Hollande said only Dassault can comment on whether India had put pressure on Reliance and Dassault to work together.
Prasad alleged there was pressure for extraneous considerations and 'bribe' for not finalising the Rafale deal during the UPA rule.
'While my generation carries with it the memory of the Chinese perfidy of 1962, this generation will carry the memory of Chinese perfidy in Galwan.'
Research and development (R&D) spending by BSE 100 companies has grown steadily, rising from 0.89 per cent of revenue in FY20 to 1.32 per cent in FY24, averaging around 1 per cent over the period in-between, according to data compiled from Bloomberg and company annual reports. Also, these companies more than doubled their R&D spending in absolute terms over these five years: From Rs 25,041 crore to Rs 63,072 crore. While this reflects a prioritisation of innovation, corporate R&D investment remains relatively conservative.
The participation of the three vice chiefs in the Tarang Shakti exercise demonstrated the growing focus on cross-domain cooperation, with land, sea, and air forces working together to face modern challenges, an official said.
With the series locked at 1-1, Brisbane could well decide the course of the rubber and whether Rohit's men would continue to be the master of their fate in the ongoing World Test Championship.
Minister of State for Defence Ajay Bhatt said the major defence equipment that were imported included helicopters, aircraft radars, rockets, guns, assault rifles, missiles and ammunition.
"A global settlement was reached between the French tax authorities and Reliance Flag, a telecom company, in a tax dispute pertaining to the period 2008-2012," the French embassy said in a statement.
United States President-elect Donald Trump's plan to overhaul the government with a new department headed by tech billionaire Elon Musk and Indian-origin entrepreneur Vivek Ramaswamy will be a biggest threat for China as it has to compete with far more efficient US political system, a policy advisor to the Chinese government said.
The sky outside was a perfect blue with fair winds on that hot day in July, but inside the Jaguar an emergency was unraveling with every passing second. Wing Commander Vernon Desmond Keane had two options: Eject and see his beloved aircraft crash -- which would come at a great cost to the nation and cause harm to civilian life and property on the ground. Or try the limits of his training; push the aircraft and his flying skills to the edge of technical and human endurance and save them both.
Singh made the remarks while addressing a "CEOs' Roundtable" at the 14th edition of Aero India at the Yelahanka Air Force station complex on the outskirts of Bengaluru.
Rajnath also pitched for incentives in defence manufacturing, Singh said foreign companies are not only interested in investing in India but also ready to transfer technologies.
'While criticising India's high tariffs, Mr Trump stated he would impose reciprocal taxes on Indian products if re-elected.' 'However, since India's tariffs follow WTO rules, Mr Trump's actions would violate these rules,' Ajay Srivastava points out.
Last week, the Pakistan Air Force (PAF) held a ceremony marking the induction of the Chinese-made fighters into its arsenal.
A heart-wrenching defeat in the semi-finals notwithstanding, a demoralised Indian men's hockey team will have to regroup quickly and aim for a second consecutive podium finish at the Olympics when it takes on Spain in the bronze medal play-off in Paris on Thursday.
The list of guests included celebrities from across the globe, politicians, the who's who of Hindi and south Indian cinema world and almost all the top cricketers of the country.
When you are defending to save a game, a loose delivery comes along and you suddenly opt to play an attacking shot, you are unlikely to hit as well as if you were playing your naturally aggressive game all along. First Pant, then Jaiswal, found that out the costly way, observes Prem Panicker.
The defence ministry has lost sight of what it intended to achieve -- which was to nurture private defence firms that would compete on equal terms with the 9 defence PSUs and the 41 Ordnance Factory Board factories.
'Given China's past behaviour and their territorial claims, should we be sceptical regarding China's willingness to adhere to these agreements fully? The answer is yes.' 'As Ronald Reagan famously said in the context of the SALT talks, 'Trust, but verify!' India should also do the same.' 'This has already begun with foot patrolling, drones, satellite imagery and so on. India's military deployment did mirror China's and will continue to do so in the future.'
From the time he first rose to prominence during the movement against the then UPA government, Arvind Kejriwal has regularly grabbed headlines for his surprise moves and decisions. Here are 10 such instances.
MoD dismissed the report saying it draws 'conjectural connection between tax exemption to a private company and procurement of Rafale jets'.
The exercise showcased India's military prowess and integrated multi-domain operations of the three services and the "shock and awe" impact that the armed forces seek to achieve in an operational situation with manoeuvre and fighting capabilities.
'The terrorists are using better technology to secure their communication.' 'It does appear that excessive reliance on technology led to a weakening of human intelligence.'
"The PM defended his personal RAFALE bypass deal on 2 counts: 1. Better Price 2. Faster Delivery. Both have been demolished by the revelations in the Hindu today," he tweeted.
The defence and aerospace sectors have seen at least over Rs 10,000 crore worth of MoUs being signed during the summit.
Among the 30 Sensex companies, Kotak Mahindra Bank, Asian Paints, Reliance Industries, ITC, Sun Pharma, ICICI Bank, Axis Bank and JSW Steel were the major laggards. Larsen & Toubro, Tata Motors, Maruti, NTPC, Mahindra & Mahindra and UltraTech Cement were among the gainers.
On Tuesday, November 21, 2023, the Indian Navy in association with the Defence Research and Development Organisation successfully conducted guided flight trials of the first indigenously developed Naval Anti-Ship Missile from a Seaking 42B helicopter.
Addressing an event in New Delhi, Gen Pande also said the recent global developments have underscored that the security of the nation can neither be outsourced nor be dependent on the largesse of others.
The presence of the private sector at a prestigious military training institution is an important acknowledgement of its growing capabilities in designing and manufacturing cutting edge aerospace and defence equipment, reports Ajai Shukla.
The junior Ambanis - Anmol and Anshul - were inducted on the board to respect the wishes of the shareholders who during the recent AGM asked the management to get fresh blood into the company by bringing them on board.
The prime minister must clear his stand on the Rafale deal after Hollande's remarks, he said.
Admiral Dinesh Kumar Tripathi, who is a communication and electronic warfare specialist, on Tuesday assumed charge as the 26th Navy chief after incumbent R Hari Kumar retired from service.
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