The Indian Army rejected DRDO's INSAS assault rifle in 2010 due to its all-round inefficiency. Now the army is being forced to accept DRDO's Excalibur rifle, which is basically an ungraded variant of the INSAS, to make up for a severe shortage of small arms.
It will be difficult for the Indian equity to outperform overall growth to the extent bullish observers expect.
'The Senators were playing safe, not angering either the pro-India lobby or the pro-Pakistan lobby, but perhaps more importantly, the military-industrial complex -- the most powerful lobby of all -- which the majority of Senators are beholden to in terms of largesse to their campaign coffers.'
Defence Minister Manohar Parrikar expects to see progress in India-US defence relations at the speed of a year per month.
A chemical engineer, Anirudh gave up his high-paying job to work for welfare of farmers in Tamil Nadu.
It is important to understand that debt investors are a conservative lot and, in general, most such investments are hedged out of foreign exchange risk to simply earn an arbitrage profit, rather than carry the risk to possibly increase their yield.
'Chinese leaders rarely receive their foreign guests in cities other than Beijing. Such respect for India!' 'Does it mean that Modi could replicate "the warmth and unconventional way" by sending Indian troops into Tibet, as Xi did in Chumur (Ladakh) when he arrived in India? Of course, Indians are far too polite to do so,' says Claude Arpi.
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The 30-share Sensex lost 22 points to close at 27,090 and the 50-share Nifty gained 7 points to end at 8,121.
'It was only relatively recently that Subhash Kapoor was able to secure the sources in India, Afghanistan and Cambodia, that allowed him to get the really highest level objects, and that helped propel him in recent years up the ranks.'
The government of India has brought a property to house an Indian Cultural Centre in downtown Washington, DC for a whopping $5.7 million.
Despite their depleted numbers, Prime Minister Narendra Modi on Wednesday extended an olive branch to the opposition, saying he would take them along in decision-making and would work for development of all sections, including Muslims.
The Budget sets out a comprehensive vision.
'People are losing their freedom to eat, speak, write and practise their religion.' 'All that is said in the Constitution has been taken away.' 'Does every Muslim or Christian or Hindu have to say I am a patriot every morning and repeat it in the afternoon and at night?'
Oil Minister M Veerappa Moily has suggested pricking the ballooning oil bill with everything from a street theatre campaign encouraging lower fuel use, to shutting fuel stations, to increasing imports from Iran.
This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India.
Raamdeo Agrawal says, an investor should figure out if the company actually makes money or not, making an investment comes later.
PM Modi addressed the Sri Lanka Parliament on Friday.
Sanjay Mathur, managing director and head of economics research for Asia Pacific (ex-Japan), Royal Bank of Scotland, tells Business Standard that in the emerging market pack, India needs to learn lessons from Korea and Taiwan, which have managed their economic situations well.
Eyeing greater cooperation with South East Asian countries on economic and security issues, India on Thursday announced a separate Mission for ASEAN region to be set up in Jakarta with a full-time resident Ambassador.
Slow pace of reforms in India is disappointing: Faber
Nilanjana S Roy compiles a list of the most eagerly awaited books next year.
The second and final part of former cabinet secretary Naresh Chandra's interview to Sheela Bhatt.
'If the money we spend on importing pulses reach our farmers, there won't be any suicides'
The government has provided a long-term vision.
Read the full transcript of President Obama's State of the Union address on Wednesday at the US Capitol in Washington.
'It is vital we should form an international coalition against ISIS, because their brutality and the use of the Internet for jihadist activities is a reminder that the entire world community has to be in this together,' US Congressman Ed Royce, chairman of the House Foreign Affairs Committee, tells Aziz Haniffa/Rediff.com in an exclusive interview ahead of Prime Minister Modi's visit.
The full transcript of the exclusive interview with Prime Minister Narendra Modi.
President Pranab Mukherjee on Monday addressed the first joint sitting of Parliament as mandatorily required under the Constitution after the general elections. The address is the political, economic and foreign policy road map of the Narendra Modi government and covers virtually all crucial areas.
Chennai Super Kings and Rajasthan Royals were suspended from the Indian Premier League for two years for betting activities of their key officials, Gurunath Meiyappan and Raj Kundra, during the 2013 season of cash-rich Twenty20 cricket tournament.
