This would provide a major boost to the indigenous design and construction capability of submarines in India.
Opening up India's market to neighbouring countries can be as strategic as access denial to others. The game should be played both ways, even if it upsets domestic business lobbies, observes T N Ninan.
'Rafale is an open and shut case and there is only one man who has done corruption'
The S&P BSE Sensex dropped 207 points to end at 25,230.
The Supreme Court on Wednesday said that One Rank-One Pension (OROP) in Armed forces is a policy decision and suffers from no constitutional infirmity.
There could be significant announcements about India's purchase of Kamov-226T helicopters, S-400 air defence missile systems, and the long-delayed contract for joint development of the Fifth Generation Fighter Aircraft.
Krishnamurthy Subramanian listed land, labour, law, and liquidity as the key areas of big reforms.
The Big Two telecom companies have accelerated their moves towards this next-gen technology, though they have chosen very different routes to getting there.
While the government has not barred procurement of equipment from Chinese companies, the process to amend the general financial rules (GFR) 2017 has started. This will impose restrictions on bidders in public procurement from countries that share a land border with India, reports Megha Manchanda.
Against the backdrop of efforts to increase indigenisation to avoid defence scams, Defence Minister A K Antony on Tuesday asked the Indian Air Force to reduce its dependence on imports and work towards achieving self reliance in military weapon systems.
Indices reversed all its losses during late trades.
India's goal of self-reliance has been paramount in the policy and practice of the country. The COVID-19 crisis gave us lessons on how to speed up efforts in that direction, he said.
'As his close associate Som Pal told me, "Mandal was never V P Singh's brainchild. It was a Janata Party commitment he inherited".' 'He would have done it anyway at some point, but the specific timing of his decision was dictated entirely by political exigency -- his government was threatened.' 'It also turned out to be a game changer in Indian politics.'
Fernandes wanted Coca-Cola Company to not just transfer 60 per cent of the shares of its Indian firm but also the formula for its concentrate to Indian shareholders.
Despite dependence on the ISI for years of sustenance, Taliban leaders may harbour resentment over the ISI's excessive control, notes Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing.
Anwar's move came a day after media reports quoted Pawar having told a Marathi news channel that he did not think people had doubts over the prime minister's intentions in the Rafale fighter plane deal.
Delivery of a great operational machine must not get affected to settle political scores, says Air Marshal Anil Chopra (retd).
Air Chief Marshal B S Dhanoa said the IAF is "always cautious and alert" to check any untoward aerial movement on the border.
'While investors in Reliance have had to play a game of patience for long stretches, for Anil the challenge is to do what used to be his brother's forte -- generating cash by putting assets in the ground and making things,' says T N Ninan.
After spending 40 years in the Indian Army, Lieutenant General Subrata Saha marches into the electoral battlefield as the BJP candidate from Rashbehari.
He also asked them to stay away from limelight and go beyond their routine jobs to establish their identity. "The turn at which the country stands today... the role of bureaucrats like you is of minimum government and maximum governance. You have to ensure that your interference in common people's lives is reduced and that they get empowered," he said.
Over 1.4 lakh jobs are estimated to be created between March 2019 and March 2021 in various central government departments, according to the Union Budget presented on Monday. The strength of government establishments was 32,71,113 as on March 1, 2019, which is estimated to increase to 34,14,226 by the first day of next month - an increase of 1,43,113, it said. The budget documents have given a break-up of the jobs estimated to be created in central government departments between 2019 and March 2021.
L&T was the top gainer in the Sensex pack, rallying 4.81 per cent, followed by M&M, Sun Pharma, Tech Mahindra, NTPC, SBI, ICICI Bank and Titan.
Budget has already bombed at the box office and passing it without a revisit will be a mockery of the exercise though any modification may be short lived and perfunctory, observes V Ranganathan.
Downplaying the allegations made by the Congress and former French President Francois Hollande's statement that the Indian government played a role in finalising Reliance Defence as Dassault Aviation's offset partner, Finance Minister Arun Jaitley on Sunday said that some statements are made to create controversy and these do not have credibility. In an exclusive interview to ANI, Jaitley added that circumstances and fact prove these statements wrong.
The warships will be armed with BrahMos supersonic cruise missiles which can reach targets 295 km away.
As debt piles up, Anil Ambani's ability to see the asset sale plan through will be crucial
Why did Modi bypass the Cabinet before he committed India to the Rafale deal?
The deal includes Reliance Infrastructure's integrated business of Generation, Transmission and Retail Electricity Distribution
At 11:37 am, the S&P BSE Sensex was up 28 points at 27,037 and the Nifty50 was up 2 points at 8,268
On the pricing issue, Eric Trappier said that the present aircraft are cheaper by 9 per cent.
When he speaks of them, it is either in denial or to highlight successes that are only part of a larger story that is worrisome in its totality, observes T N Ninan.
Leader of Opposition Mallikarjun Kharge, speaking on the Motion of Thanks on the President's address, charged the government with not delivering on its various promises, including generating two crore jobs per year.
There will be uncertainty about outcomes,but one must hope for the best, observes T N Ninan.
The Dornier flight with three crew members, all deputy commandants, went missing on June 8 after a routine maritime surveillance sortie along Tamil Nadu coastline.
The company will now focus on value creation for shareholders in the defence and construction businesses.
With the induction of these four systems, the underwater surveillance capability of the Indian Navy will get a boost, besides providing a fillip to the quest for self-reliance in this critical area of technology.
The Mukesh Ambani-led Reliance Industries' Ahmedabad-based subsidiary ADSL, or Allied Digital Services Ltd, has won a Rs 1000-crore tender to install closed circuit cameras and sensors throughout Mumbai, reports RS Chauhan
Here's the full text of address to the nation by President Ram Nath Kovind on the eve of the Republic Day 2022.
The newly formed Cabinet Committee on Investment will soon consider clearing 47 oil & gas blocks, including Reliance Industries' producing KG-D6 gas fields, where defence clearance has either been withdrawn or withheld.
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