On Thursday, the prime minister is scheduled to hold one-on-one meetings with top five American CEOs. Two of them are Indian Americans -- Shantanu Narayen from Adobe and Vivek Lall from General Atomics. The three others are Cristiano E Amon from Qualcomm, Mark Widmar from First Solar, and Stephen A Schwarzman from Blackstone.
'Till today, we don't know how many people died of Covid in India.' 'How many migrated from cities to villages during the Covid pandemic?' 'How many corporates contributed to PM Cares?'
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The nomination of cluster heads for defence, infrastructure and finance business is awaited.
India's goal of self-reliance has been paramount in the policy and practice of the country. The COVID-19 crisis gave us lessons on how to speed up efforts in that direction, he said.
According to HAL, "this is the biggest ever order that HAL has placed on any Indian company boosting 'Atmanirbhar Bharat' campaign."
16 Indian Army divisions face China, 20 face Pakistan and two divisions are reserves. This powerful signal can hardly be missed in China or Pakistan, notes Ajai Shukla.
French Defence Minister Jean-Yves Le Drian will hold talks with his Indian counterpart Manohar Parrikar on Tuesday.
The PM said, 'Regrettably, one of the countries of its origin and spread is in India's neighbourhood.'
'At 1.58% of GDP, the defence budget is one of the lowest since the Chinese aggression of 1962.' 'The government of the day has lost sight of the fact that defence of the country is as important as its growth,' says Brigadier S K Chatterji (retd).
FDI in the defence sector during 2000-2014 has been a meagre $4.94 billion, despite the total FDI flow into the country across sectors standing at $321.81 billion.
The ministry said the rocket system has been upgraded with advanced technologies enhancing the range to meet the emerging requirements.
Full liberalisation of the defence industry is necessary for both combat-readiness and security of long-term supplies, says Nitin Pai.
Clearly, Foxconn Chairman Young Liu and his team are looking to raise their game in India.
The UK-based BAE Systems has zeroed in on M&M and is believed to have signed a Memorandum of Understanding (MoU) after holding talks with at least two other leading corporates -- Tatas and Larsen and Toubro (L&T) for its Indian Land Systems project, sources close to the development said.
Defence Minister Rajnath Singh on Monday flew a sortie in a Light Combat Helicopter (LCH) after a fleet of the highly agile choppers was inducted into the Indian Air Force.
Tie-up with MBDA will have Indian partner as majority shareholder; first product likely in 2 years.
Carter has said India's designation as a 'major defence partner' would allow the US to cooperate with it --
Moving ahead with the economic reforms, the Cabinet tonight cleared the long-delayed proposal for raising FDI limit in defence to 49 per cent and fully opened up the railway infrastructure segment, like high-speed trains, for foreign investment.
He is currently on a two-day swing to the crucial State of Iowa. On January 15, Iowa would kick off the 2024 Republican presidential primary season.
The Defence Ministry on Tuesday approved the procurement of arms and military equipment worth Rs 7,965-crore, including 12 light utility helicopters from Hindustan Aeronautics Limited, according to an official statement.
India's young bowling unit will have to push behind the timid show in the series opener and find its flow against a forceful Australian batting line-up in the second T20 in Thiruvananthapuram on Sunday.
Prime Minister Narendra Damodardas Modi laid the foundation stone in Vadodara on Sunday, October 30, 2022, for a facility to produce C-295 military transport aircraft.
The Indian Navy has inducted two more Poseidon 8I maritime reconnaissance and anti-submarine warfare aircraft, in a boost to its surveillance capabilities in the Indian Ocean in the face of China's increasing forays into the region.
After bumbling for years since 2014, the Modi government seems to believe that massive government expenditure will lead us to prosperity supported by 'seat-of-the-pants' decision-making, observes Debashis Basu.
New Delhi is vulnerable to US sanctions under a 2017 law called CAATSA.
Prime Minister Narendra Modi, who is in the United States for a three-day state visit, has gifted an eco-friendly lab-grown 7.5 carat diamond, placed in Kashmir's exquisite Papier mache box, to First Lady Jill Biden.
Within six months, outlets carrying Vicks jumped from 60,000 pharmacies to 750,000 general stores. The trade boycott collapsed. Consumers were happy, finding Vicks now at every street corner. A fascinating excerpt from Gurcharan Das's Another Sort of Freedom.
UAE would help India develop strategic petroleum reserves
Under a memorandum of understanding signed in New Delhi by Jim Albaugh, President of Boeing Integrated Defence System and HAL Chairman Ashok K Baweja, the Indian defence PSU, will manufacture subsystems for Boeing's wide range of fighter planes like F-15, F-18 Super Hornetts and Apace Helicpoters.
'It's the first-ever US presidential visit which is specially planned for India.' 'The standalone visit itself has achieved something already. Don't underestimate it.' Sheela Bhatt gives us an exclusive glimpse of what the Modi government hopes to achieve from Trump's visit.
'Rhetoric and chest-thumping are running high on India's recent growth record.'
'But will the giant waves developing elsewhere allow us to sail smoothly into fair winds?' asks Debashis Basu.
Prime Minister Narendra Modi on Friday handed over to the armed forces indigenously-developed light combat helicopters, unmanned aerial vehicles and electronic warfare systems for the warships, in reflection of India's focus to boost its domestic defence industry.
Wrapping up his four-day state visit to the US, Prime Minister Narendra Modi on Friday asserted that a new and proud journey of India-US ties has begun and the world is watching the two great democracies strengthening their bond.
'The cost of the Rafale contract will be substantially lower than being talked about.' 'If you throw away the price they demand, our coffers will soon become empty.' 'When it comes to spending the nation's money I am very careful and stingy.'
The Eknath Shinde-led Maharashtra government has come under fire following the Centre's announcement that Tata-Airbus C-295 transport aircraft project would be set up in Gujarat, with the opposition seeking to know why the project that was supposed to come up in Maharashtra went to the neighbouring state.
If India signs the deal, it would be the second customer of the prized missile system after China which had struck a $3 billion contract last year.
Videos from the scene, shot by locals in Morena, showed debris of the aircraft on the ground.
The legislative amendment was passed on Thursday by voice vote as part of an en bloc (all together as a single unit) amendment during floor consideration of the National Defence Authorisation Act (NDAA).
The Indian economy is estimated to grow at 7 per cent in the 2022-23 fiscal, down from 8.7 per cent a year ago, mainly due poor performance of mining and manufacturing sectors. As per the first advance estimates of national income released by the National Statistical Office (NSO) on Friday, the manufacturing sector output is estimated to decelerate to 1.6 per cent in the current fiscal from 9.9 per cent in 2021-22. Similarly, mining sector growth is estimated at 2.4 per cent in the current fiscal as against 11.5 per cent in 2021-22.
The procurement will come at a cost of Rs 38,900 crore.
