The deal which is worth 7.87-billion (Rs 58,363 crore) comes with a saving of nearly 750 million (Rs 5,611 crore).
As the Cabinet approves the purchase of 36 Rafale fighter jets, Nitin Gokhale/Bharatshakti.in reveals how India brought down the price of the Rafale deal.
Indian football hero of '80s, Chibuzor dies
'In the present era of strategic uncertainty and rapidly changing threats, no military professional now disputes the unavoidable necessity of a joint planning staff for the planning and conduct of joint operations so that integrated operations can be planned 'top down',' says Brigadier Gurmeet Kanwal (retd).
KCR said despite 'bhaashanbaazi', industries are closing down, the nation's GDP is crashing and the rupee is falling drastically compared to the US dollar.
Contrary to the bragging that marked its two-year anniversary, the government's timidity on reform is simply astounding.
Besides opening up the possibility of a policy that allows vintage cars retrofitted with electric batteries to ply on roads, this also gives a clue to how cars older than 15 years that are banned can be valued again by a similar conversion to EVs, says Ritwik Sharma.
'Just remember, when it comes to climate change, there is no STOP button!' 'We can't hit pause or even rewind, we can only move together towards the future.'
Lockheed, which has a longstanding relationship of 25 years with India, unveiled the F-21 during the Aero India show in Bengaluru in February, saying it will address the Indian Air Force's unique requirements.
The Indian men's and women's teams advanced to the final of hockey 5s competition in the Youth Olympics after registering emphatic wins over their respective opponents in Buenos Aires.
The Auto Component Manufacturers Association of India on Wednesday sought reduction in GST rate to a uniform level of 18 per cent for the entire automobile industry to stimulate demand and help save around 10 lakh jobs, which are at risk due to prolonged slowdown in vehicle sales.
A weak margin outlook in the near term and lack of fresh triggers may keep the Godrej Consumer Products (GCPL) stock under pressure. The stock, after tepid September quarter (Q2) results and marginal downward revision in earnings estimates, declined 3.5 per cent in trade on Friday. Though consolidated sales of the company, which owns the Goodknight and Cinthol brands, grew 8.5 per cent year-on-year (YoY), its operating profit declined because of the sharp contraction in margins.
The American-origin drones have been inducted by the navy under the emergency procurement powers granted by the defence ministry in view of the India-China border conflict.
A summary of all the action from Day 1 of the Ranji Trophy matches played on Tuesday.
The Indian Navy has decided that the twin-seat Rafale will not be disqualified on the basis of its inability to operate from an aircraft carrier.
Metal prices from copper to aluminum and tin have shot up by about 7-32 per cent in the past three months.
Shooter Avani Lekhara crashed out in the qualification round of the mixed 10m Air Rifle Prone SH1 event at the Tokyo Games on Wednesday.
Civil Aviation Minister Suresh Prabhu and Chief Minister Pinarayi Vijayan jointly flagged off the inaugural Air India Express flight, carrying 186 passengers to Abu Dhabi.
Heavy rainfall is expected at isolated places in north Lakshadweep during the next 12 hours.
'Unquestionably, the spirit behind the Panchsheel agreement and the 'Hindi Chini bhai bhai' slogan were thrown overboard by the Chinese, and a trust deficit was injected between the two nations.' A revealing excerpt from General J J Singh's The McMahon Line: A Century Of Discord.
Companies across the sector are restructuring payrolls of crew, cutting allowances, and extending leave without pay duration as they realise they will have more aircraft and employees compared to customers.
'The Indian response in confining our action to our side of the LoC set a dangerous precedent,' argues Colonel Anil A Athale (retd).
India amassed 600 in their first innings and returned to blow away the top half of the Sri Lankan batting order to tighten their grip on the first Test at the Galle International Stadium on Thursday.
Indian Olympic Association has decided to come up with a battery-powered mask through which athletes will be able to train without worrying about COVID-19.
Abhi comes from a family which has served the Indian Air Force since World War II when his grandfather Simhakutty was a member of the air force.
With the world's worst outbreak of COVID-19 severely straining the health system in the country, the government has made sweeping changes in the way departments procure medical supplies, including allowing procurement of the same item at different rates.
The prototype, which may cost around Rs 30,000, is now awaiting Indian Council of Medical Research clearance to go into production, the Railways said.
'The world over, everybody is asking for the same medicines, same APIs, same KSMs.' 'However, there is just one supplier -- China -- for the entire world.'
With a rape case going on against him, he happens to be jobless, having being sacked as assistant coach from the Sports Authority of India last year.
If it splits now, who takes what away and leaves what behind? asks Shekhar Gupta.
The department of economic affairs, in its Monthly Economic Review for September, said critical reforms undertaken by the government will put India to a strong and sustainable growth path in the long run.
From using bio-fuels to revamping in-flight food and drinks services, eschewing mass-produced chicken/eggs in favour of local, farm-raised options to offering eco-friendly toys for children, airlines try out inventive measures to encourage carbon-neutral practices.
'It was unfair to expect him to continue to keep on supplying vaccines without being given a firm commitment or a financial grant of any sort.'
As the United States and China joust for supremacy, India might remain on the sidelines with its limited resources.
Prabhat Kumar, who has been appointed as the DGCA chief three months ago, is taking steps to ensure safety of passengers.
India coach Ravi Shastri is impressed by skipper Rohit Sharma's 'calming influence', which reflected in his leadership during India' triumphant Asia Cup campaign.
'Even today, I am like a kid in a candy land -- I look at my airplane with as much excitement as an eight year old.'
The chief minister also said that all 72 lakh ration card holders in the city will be provided free 10 kg ration this month.
