India’s Defence Ministry signs contract worth Rs 1700 crore to acquire additional Brahmos missiles

NEW DELHI: In a further impetus to self-reliance in defence production, the Defence Ministry on Thursday signed a contract with BrahMos Aerospace for acquisition of additional dual-role capable surface-to-surface BrahMos missiles at an approximate cost of Rs 1,700 crore under ‘Buy-Indian’ category. In a statement, the ministry said the induction of these dual-role capable missiles […]

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US lawmakers call for strong ties with India, hail Indian-Americans’ help

WASHINGTON: Top Senators and influential Congressmen have advocated for a strong India-US tie and underscored the contribution of the Indian-American community in this matter. At the Indian Independence Day celebrations event at the US Capitol on Wednesday, Senator Joe Manchin, a West Virginia Democrat, recalled his visits to India and seeing “the greatness of the […]

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India approves change in land allotment category for political parties

NEW DELHI: The Narendra Modi government (Centre and government of India) has changed the category of the land allotted to political parties for their offices in Delhi from ‘institutional’ to government-to-government’ transfer, which will significantly bring down the dues. The government approved the Union Housing and Urban Affairs Ministry’s proposal in this regard earlier this […]

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After Amazon, Apollo Global wades into India’s corporate governance jungle

NEW DELHI: After Amazon.com Inc., it’s the turn of Apollo Global Management Inc. to wade into the jungle that’s corporate governance in India. It has sued a Mumbai-based warehousing firm in which it owns a large stake. The cause of the dispute vanished on Monday when the company dropped a controversial plan to sell its […]

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India would be $25 trillion economy in 25 years: NaBFID Chairman K V Kamath

NEW DELHI: India is expected to be a USD 25-trillion economy in 25 years, veteran banker and chairman of National Bank for Financing Infrastructure and Development K V Kamath said on Tuesday. NaBFID was set up by the government last year to support the development of long-term infrastructure financing in the country. Kamath also said […]

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OneWeb’s 36 satellites arrive in India ahead of planned launch

NEW DELHI: OneWeb, the low Earth orbit (LEO) satellite communications company, today announced the arrival of 36 satellites at the Satish Dhawan Space Centre (SDSC- SHAR) in advance of a planned launch from Sriharikota, India. With this launch, OneWeb will have over 70% of its planned Gen 1 LEO constellation in orbit as it progresses […]

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India receives 75 applications under PLI scheme for specialty steel

NEW DELHI: The government of India has received around 75 applications from domestic players under the PLI Scheme for specialty steel, according to an official. Applicants include all major steel players like Tata Steel, JSW Steel, JSPL, AMNS India and SAIL, a senior steel ministry official said. “A significant number of applications have been received. […]

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EAM Jaishankar to visit US from September 18 to 28

NEW DELHI:India’s External Affairs Minister (EAM)  S Jaishankar will pay an 11-day visit to the US beginning Sunday to attend the UN General Assembly and participate in meetings of Quad, BRICS and several other key groupings. He is also scheduled to hold talks with US Secretary of State Antony Blinken and other senior officials of […]

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Saudi Arabia overtakes Russia to be India’s no 2 oil supplier in August

NEW DELHI: Saudi Arabia emerged as the second-biggest oil supplier to India after a three-month gap, overtaking Russia by a thin margin, while Iraq retained the top spot in August, data from industry and trade sources showed. India, the world’s third biggest oil importer and consumer, shipped in 863,950 barrels per day (bpd) of crude […]

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Whole world is looking at India for knowledge, says RSS chief Bhagwat

AHMEDABAD: Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat on Wednesday said people of the country need to understand their “swa” (self) because the whole world is looking at India for knowledge. He was speaking at a seminar on the subject “Swadhinta Se Swatantrata Ki Aur”, organised by the RSS’ sister outfit Bharatiya Vichar Manch here. […]

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