Ukraine and Russia need to engage with each other to find a solution to the ongoing conflict between them, India said on Friday after Prime Minister Narendra Modi held wide-ranging talks with President Volodymyr Zelenskyy in Kyiv under the shadow of the raging war.
She says her priority areas would be military preparedness, defence indigenisation, and the welfare of soldiers.
10 largecaps stocks which stand to gain from the Budget.
Members of his team and industry were right now in India, US Defence Secretary Ash Carter disclosed, 'looking at the potential co-production of fighter aircraft.'
New Delhi has reached out to Moscow while waiting for a new president in Washington. New Delhi knows well that in international relations, there are no permanent friends or foes, only permanent national interests, points out Dr Rup Narayan Das.
'Consider 40% to 50% in equities, 10% in gold as a hedge, and the remaining 30% to 40% split between multi-asset funds and hybrid funds.'
'The government must provide more funds to enable the armed forces to fight and win tomorrow's wars,' states Brigadier Gurmeet Kanwal (retd).
Prime Minister Narendra Modi on Friday said the Agnipath scheme is an example of necessary reforms undertaken by the Army and accused the opposition of playing politics over the recruitment process aimed at keeping the average age in armed forces young.
Defence Minister Nirmala Sitharaman and her American counterpart James Mattis reviewed ongoing initiatives to further strengthen bilateral defence cooperation.
The Indian Air Force (IAF) has seen a reduction in fighter squadrons due to the phasing out of ageing MiG-21, MiG-23 and MiG-27 aircraft. The Parliamentary Standing Committee on Defence acknowledged the "shortage" and highlighted the multi-pronged approach being taken to address it. This includes the induction of indigenous Tejas fighters and the procurement of additional LCA Mk-1A aircraft. The report also addresses concerns over "incidences of spying" within the IAF and details the action taken against those involved.
'Trump administration wanted a positive tone at this summit, but there was still some anxiety that there could be some awkward moments -- and there were not.'
To boost domestic manufacturing under the Make in India initiative and reduce dependency on imports, the government is expected to announce in the Budget an increase in the minimum local content requirement for public procurement, with certain sectors being granted exceptions. Currently, firms producing goods, services, or works with at least 50 per cent local content are classified as Class-I local suppliers and are preferred the most in government procurement.
Richard Verma, the highest-ranking Indian-American official in the State Department, has expressed optimism about the future of US-India ties and emphasized the need to base the relationship on shared values rather than mere transactional dealings. Verma, who previously served as America's Ambassador to India, stressed the importance of the Quad in defending the international order, highlighting its shared commitment to a free and open Indo-Pacific.
'Not paying workers enough will end up being self-destructive or harmful for the corporate sector itself.'
Defence Minister Rajnath Singh on Wednesday conveyed to US Defence Secretary Lloyd Austin India's concerns over Washington's decision to provide sustenance package for Pakistan's F-16 fighter jet fleet.
'Tata A&D, when formed, will be better equipped to execute larger and more complex projects and be more globally competitive as part of the global supply chain.'
Swedish Prime Minister Lofven lauded India as 'global power' and said the two countries are a 'perfect match'.
Modi will arrive in New York on June 20 and will lead the 9th International Yoga Day celebrations at the UN headquarters on June 21.
Market reaction to the Union Budget was overall neutral. The income tax "gift" wasn't enough to move the needle. There was some apparent rationalisation of Customs duty structure as well as cuts on import duties of some key components for the telecom and IT industry and duty cuts on vehicle imports. Other proposals related to development of agriculture and rural economy and renewables seem to be generally positive.
HAL's sustained, long-term income will come from the design, development, manufacture, overhaul, and upgrade of a family of helicopters designed for deployment on India's 21,000-foot-high Himalayan frontier with Pakistan and China.
Given the possibilities that next year's assembly elections could throw up, Stalin told the state assembly that an interim report had to be submitted by January 2026. The outcomes may well find its way into the DMK's poll manifesto, thus seeking to keep the electoral focus still on the BJP-ruled Centre and Prime Minister Modi, observes N Sathiya Moorthy.
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.
IMAGES from the ICC Champions Trophy match played between Bangladesh and New Zealand in Rawalpindi on Monday.
The Congress on Monday alleged that a Chinese national played a 'dubious role' in the Adani Group's activities and asked the government if it was not concerned that the conglomerate may be involving that person in important defence contracts.
The prospects of India becoming a credible manufacturer of defence platforms or major weapon systems for export are remote, says Vice Admiral Premvir Das (retd).
India's Parliament is set to begin its Budget session on Friday, with opposition parties poised to demand a discussion on the alleged mismanagement of the Maha Kumbh festival in Prayagraj, where 30 pilgrims died in a stampede. The opposition also accused the government of politicising parliamentary committees and pushing its agenda through its majority. The session will start with President Droupadi Murmu addressing both houses of Parliament. Finance Minister Nirmala Sitharaman will present the Union Budget on Saturday for the eighth consecutive time.
China is the second largest spender on defence after the US. T
"The experience was incredibly enriching, significantly bolstering my confidence in our country's indigenous capabilities, and leaving me with a renewed sense of pride and optimism about our national potential," he said.
India and the US renewed 10-year Defence Framework Agreement.
Dalal Street minnows stole the show in 2024, giving handsome returns to investors, helped by a largely optimistic trend in the stock market and impressive retail investors' participation. Analysts attributed the positive trend in the equity markets, where the benchmark indices shattered many records this year, to robust domestic liquidity, strong fundamentals of the Indian economy, and policy continuity.
Trump spoke approvingly of his recent telephone conversation with Xi Jinping. This could indicate the possibility of America and China reaching some level of tactical accommodation, which would not be good news for India, points out Ambassador Shyam Saran, a former foreign secretary.
'Market corrections are a natural part of investing, so it's essential to remain focused on long-term financial goals.'
With access to foreign investment becoming easier, a host of Indian companies vie for a share of the $100-billion budget for equipment.
There is unlikely to be a rush towards the country unless New Delhi is ready with fairly applied regulations.
HAL is poised to sell the Philippines at least seven Dhruv Advanced Light Helicopters and eight Dornier 228 aircraft for Rs 30 billion, reports Ajai Shukla.
The Indian government has initiated the process of procuring All-Terrain Vehicles (ATVs) for deployment along the northern borders for the Indian Army. The Ministry of Defence has issued a Request for Information (RFI) seeking vendors who can supply the vehicles. The RFI outlines operational and technical specifications for the ATVs, including a minimum seating capacity of four personnel, disc brakes, automatic transmission, and heliportability by Chinook/Mi26 helicopters.
India is expected to spend around $50 billion in next 20 years for acquiring weapons for its armed forces. Antony said the increasing expenditure on defence will help the Indian industry to play a more 'meaningful role' in the defence sector in the country.
The defence ministry has lost sight of what it intended to achieve -- which was to nurture private defence firms that would compete on equal terms with the 9 defence PSUs and the 41 Ordnance Factory Board factories.
'When there is a money crunch in the industry, actors like us are the ones who face budget cuts. Not the big actors.'
'Israel would make Iran and its proxies pay. They, along with Qatar, fund terror all over the world.'
