SAAB's Sea Gripen constitutes a new option as the INS Vikrant's light fighter
10 central trade unions have called a nationwide shutdown against 'anti-worker policies' of the central government. Apart from being successful in Bengal, Kerala and NE states, the bandh has also got support from Cong leader Rahul Gandhi and Shiv Sena in Maharashtra.
The aircraft carrier INS Vikramaditya, formerly the Admiral Gorshkov, expected to join the Indian Navy later this year, is already late by five years and its price has risen three-fold, from $947 million (about Rs 5,735 crore) in 2004 to $2.3 billion (Rs 13,928.8 crore) today.
Though the government says public and private shipyards compete on equal terms, public shipyards feast at the high table with the defence ministry, with only scraps being tossed to private shipbuilders.
The Indian Navy has just one aircraft carrier. The INS Vikramaditya carries just 26 unreliable MiG-29 fighters and 10 helicopters -- an insufficient capability to battle a serious foe.
The navy's plan to build three Russian Talwar-class frigates has a less than wholesome odour.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
With the United States delivering an increasing share of India's arms imports, New Delhi must work with it to retain control of our regional waters
'India-US defence pacts are seen by many analysts as a subtle move to jointly contain China's growing militarism, especially in the strategic Indian Ocean Region.'
'Earlier compensation was less, but we have increased compensation four fold. As a result, farmers want to give up their land.' 'Infrastructure projects will create 50 lakh jobs. If today we are building 14 km of road per day, by next March, we hope to take it up to 30 km. My own hope is we can take it to 100 km per day.' 'The government's ambitious Sagarmala project aims to develop port infrastructure along the country's 7,500 km coastline. The project includes modernisation of our ports and islands, setting up of coastal economic zones, new major ports and fish harbours.'