Procurement of coronavirus vaccines and raw materials to boost domestic production is set to be a major focus area of External Affairs Minister S Jaishankar's five-day visit to the United States beginning Monday.
The government has already withdrawn the RFP for heavy weight torpedoes for Socrpene submarines which was won by WASS, a Finmeccanica subsidiary, during the United Progressive Alliance regime. The government is now working out the alternatives.
Granada and Bilbao complete match suspended after supporter's death
The idea of weaponization got a fillip from an unexpected quarter. In the last week of October 1985, Rajiv met US President Ronald Reagan. Reagan told Rajiv, 'Pakistan has already made a bomb.' When Rajiv started talking about disarmament, the US president cut him short, 'Don't talk theory, think of your own protection.'
Minister of State for Defence Ajay Bhatt in a written response to a query in Rajya Sabha on Monday said that "as on date, the DRDO is working on 55 mission mode projects out of which 23 projects are delayed".
United States President Barack Obama has signed into law the $618 billion defence budget for 2017, which enhances security cooperation with India and conditions nearly half of the funding to Pakistan on a certification that it is taking demonstrable steps against the Haqqani Network.
The fast interceptor craft delivered can patrol the coastline at a scorching speed of 45 knots.
United States President Joe Biden and Prime Minister Narendra Modi are expected to make meaningful advancements on the GE jet engine deal and civil nuclear technology during their bilateral talks, National Security Advisor Jake Sullivan was cited in a Reuters report.
Since infrastructure projects have long gestation periods, investors need to enter them with a long horizon of at least 10 years.
The two PMs may also explore ways to further deepen ties between the navies of the two countries to check China's heightened activities in the Indian Ocean.
With general elections on the horizon, the government's privatisation bandwagon has almost but stalled as a government wary of being accused of selling family silver opts for minority stake sales on stock exchanges over outright privatisation. The result -- the divestment target for current fiscal year is again likely to be missed. Big ticket privatisation plans such as that of Bharat Petroleum Corporation Ltd (BPCL), Shipping Corporation of India (SCI) and CONCOR are already on the backburner and analysts feel meaningful privatisation can happen only after April/May general elections.
The amendment urges the US to enhance India's military capabilities in the context of combined military planning, and promote co-production/co-development opportunities.
Swaraj expressed satisfaction over the agenda of the inaugural dialogue while giving the details of the deliberations.
The C295 is known to be a superior aircraft used for tactical transport of up to 71 troops or 50 paratroopers, and for logistic operations to locations that are not accessible to current heavier aircraft.
Also the companies should be self-sufficient in product designing and have maintenance and life cycle support facilities.
The nexus between middlemen, arms agents and government officials has been broken, according to Defence Minister Manohar Parrikar.
'I certainly think India can play a leading role in helping us resolve the Russia-Ukraine crisis. India obviously has an old relationship with Russia'
Pressing ahead with its policy to promote domestic military industry, the government has cleared procurement proposals worth over Rs 21,000 crore and also okayed a project for the production of transport aircraft which is open only to Indian private sector companies.
Pressing ahead with its policy to promote domestic military industry, the government has cleared procurement proposals worth over Rs 21,000 crore and also okayed a project for the production of transport aircraft which is open only to Indian private sector companies.
Jaitley's tenure as defence minister saw clearance of a number of big ticket reform measures and simplification of military acquisition process.
'Sell part of your portfolio where you're making good money, especially in small caps and mid caps.' 'The money which you take home is yours. The money which is there on paper is not yours.
US Defence Secretary Ashton Carter will sign a fresh 10-year defence framework agreement with India on Wednesday
Larsen & Toubro (L&T) will aim to invest $3-4 billion in green hydrogen projects, along with its joint venture (JV) partners, said a senior executive from the company. These investments are planned over three to five years, depending on cost economics. The engineering conglomerate is also in talks to acquire the Nuclear Power Corporation of India's (NPCIL's) share in one of its forging JV companies for a consideration of Rs. 100-150 crore. "We are considering investments worth $3-$4 billion in the green hydrogen space, in collaboration with partners," said S N Subrahmanyan, chief executive officer and managing director of the company.
It will be inducted into the IAF inventory at a ceremony in Jodhpur in presence of Defence Minister Rajnath Singh and chief of air staff Air Chief Marshal VR Chaudhari.
FM brings these sectors under the knife in a final attempt to hit a tough fiscal deficit target
In an interaction with the commanders at their ongoing biannual conference, Singh reasserted the faith of the billion-plus citizens in the Indian Army as one of the "most trusted and inspiring organisations" in the country.
Several institutional investors were ineligible to invest in these companies as they failed to meet the disclosure norms
In a projection of India's growing maritime prowess, Defence Minister Rajnath Singh on Monday addressed the top naval commanders onboard the country's first indigenous aircraft carrier INS Vikrant in the Arabian Sea and witnessed a mega wargame, amid China's increasing military posturing in the Indian Ocean region.
Defence Ministry has declared 7 blocks including RIL's KG-D6 which has been in production since September 2008 and its gas discovery block NEC-25 for reasons like overlapping with proposed Naval base or being close to missile launching and Air Force exercise area.
The Defence Acquisition Council on Wednesday approved proposals worth Rs 4,444 crore, including the purchase of four helicopters for survey vessels at Rs 2,324 crore, but deferred a decision on a joint bid of Tata Sons Ltd and Airbus for replacing IAF's Avro transport fleet.
'When my father travelled 5,000 miles to build a new home in Ireland, I doubt he ever dreamed that his son would one day grow up to become its leader.' Vaihayasi Pande Daniel/Rediff.com profiles Dr Leo Varadkar who will step down as Ireland's taoiseach (prime minister) next week.
Russia's Rostech State Corporation has tied up with Hindustan Aeronautics Limited for manufacture of at least 200 Kamov 226T light helicopters to replace the ageing fleet of Cheetah and Chetak, in a deal estimated to be worth $1 billion under 'Make in India' initiative.
In the June quarter of FY24, 51 per cent of consumers who took small-ticket personal loans already had more than four credit products at the time of accessing yet another new loan, compared with just 17 per cent in the June quarter of FY20, points out Tamal Bandyopadhyay.
A large Dhruv order could significantly boost Indian defence exports. These have grown from Rs 1,940 crore in 2014-2015 to Rs 10,745 crore in 2018-2019.
'No country can ever be free to make its choices and remain independent if it continues to wear borrowed plumes,' warn Lieutenant General Ashok Joshi (retd) and Colonel Anil A Athale (retd).
The hope that the ongoing 13th round of negotiations towards an India-UK free trade agreement (FTA) could conclude with a deal for British Prime Minister Rishi Sunak to sign off in time for the India versus England World Cup cricket clash in Lucknow on October 29 seem to be fading, according to a UK media report on Wednesday. The Financial Times quoted officials briefed on the negotiations to say that a lack of movement towards opening up of the Indian market to British professional services in the field of law and accountancy is among the factors for the slowdown. So much so that cricket fan Sunak's proposed return visit to India after an inaugural visit as UK Prime Minister to New Delhi for the G20 Summit last month is looking "very, very unlikely to happen".
The matter came up for discussion during their wide-ranging dialogue that was aimed at expanding overall ties.
Carter arrived at INS Dega in Vishakhapatnam and was briefed by top officials about the activities of the Eastern Naval Command.
He praised the recent gesture of Oman in facilitating the smooth exit of thousands of Indian expatriates whose labour cards and visas had expired.
