Search results

MANILA – Philippine President Ferdinand Marcos Jr was among the 23 national leaders who attended last month’s Belt and Road Initiative (BRI) summit in Beijing, marking the 10th anniversary of the US$1 trillion globe-spanning infrastructure-building program. At the event, Chinese President Xi...

India’s gross domestic product (GDP) may expand by nearly 7% in the second quarter of FY24 on sound economic fundamentals, exceeding the Reserve Bank of India’s (RBI) October 6 estimate of 6.5%, but in line with governor Shaktikanta Das’s prediction on Tuesday, at least four experts said...

The United Arab Emirates is considering investing as much as $50 billion in India, its second-largest trading partner, as part of a broader bet on the world’s fastest-growing major economy. Provisional pledges from the UAE could be announced early next year, people familiar with the matter...

The Goa shipyards in India will build 24 cargo ships for operation in the Caspian Sea with the participation of the Russian Export Center by 2027. Dmitry Dubovik, Director of the Caspian International Integration Club "North - South", made this announcement at the International Forum in...

The highly-anticipated Khulna-Mongla Port rail line and the Akhaura-Agartala railway were virtually inaugurated by Prime Minister Narendra Modi and his Bangladeshi counterpart Sheikh Hasina on November 1. "It is a matter of happiness that we have come together to celebrate the success of...

A military base India has been building on an island in Mauritius to gain a strategic edge against China in the Indian Ocean region has neared completion and is almost ready for long-term deployment of air and naval assets New Delhi is now set to ink a Memorandum of Understanding (MoU) with...

In a pivotal moment in the history of the Indian Air Force (IAF), the Number 4 Squadron on Tuesday bid farewell to MiG-21 Bison fighter jets as they flew over Uttarlai at Barmer, Rajasthan for the final time in a show of the force's bid for indigenisation. The MiG-21 jets were replaced by the...

New Delhi: Indian refiners are likely to import crude oil from Venezuela at a discounted rate after the US eased sanctions on oil from the Latin American country, according to a report by S&P Global Commodity Insights. "Coker complexes have been operating at full capacity or even overcapacity...

Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, on Sunday reviewed the much-awaited $20 billion liquefied natural gas (LNG) project in Mozambique. Hardeep Singh Puri's visit represents the second major diplomatic initiative, coming on the heels of a May 2023 meeting between...

NEW DELHI: India plans to operationally deploy by 2028-2029 its own long-range air defence system, which can detect and destroy incoming stealth fighters, aircraft, drones, cruise missiles and precision-guided munitions at ranges up to 350-km. The “interception capabilities” of the indigenous...

Hindustan Aeronautics Ltd (HAL) and Safran Aircraft Engines signed a memorandum of understanding (MoU) to develop industrial cooperation in ring forging manufacturing for commercial engines. As part of the partnership, HAL will produce LEAP (Leading Edge Aviation Propulsion, powering the...

The Tata Group will soon make India’s first homegrown iPhone after Wistron Corp approved the sale of an assembly plant near Bengaluru. Union Minister Rajeev Chandrasekhar said manufacture would start within two and a half years. The airline-to-software conglomerate has been in talks with the...

In a significant development, India has given the Letter of Request to the French government for the procurement of 26 Rafale Marine fighter aircraft for the Indian Navy under a government-to-government deal. The Letter of Request has been delivered to the French government a few days back and...

NEW DELHI: India is setting up a surveillance system with drones across its borders to wade off surprise attacks like the one from Hamas in Israel, according to people familiar with the matter. The country’s defense officials met with six home-grown vendors of surveillance and reconnaissance...

At the India Mobile Congress 2023 New Delhi, Reliance Jio demonstrated India’s first satellite-based GigaFiber service called Jio SpaceFiber in the presence of PM Narendra Modi. The new Jio SpaceFiber service aims to provide high speed broadband services to previously inaccessible geographies...

YEREVAN (Armenia): India is mulling over supplying a fresh batch of military equipment to Armenia, its strategic ally in Caucasus, after the successful delivery of the first batch of weapons over the past year. A senior Armenian official visited Delhi recently and held discussions in this...

New Delhi: Corning Inc, the world’s largest maker of smartphone cover glass, will begin manufacturing the product in India by the end of 2024 through its joint venture with Noida-based contract manufacturer Optiemus Infracom Ltd, which will be called Bharat Innovation Glass Technologies. “For...

The Indian Army is gearing up to induct the first lot of AH-64E Apache attack helicopters from February 2024 onwards and will be deployed in the desert sector, while the bigger contract for 156 indigenous Light Combat Helicopters (LCH), 90 for the Indian Army and 66 for the Indian Air Force...