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India tests nuclear interceptor missile
Sun, Feb 12, 2017
The test took place at 7.45 a.m., and an incoming missile was successfully intercepted at a height of 100 km with a direct hit by an interceptor missile, said a Defence Research and Development Organisation (DRDO) official. The PDV can reach even higher altitudes.
Make in India in Defence will boost MSME sector
Sat, Feb 11, 2017
The 'Make in India' programme puts great thrust on sustainability, Lt Gen Thodge said, adding that the Government is reaching out to MSMEs across India to encourage them to participate in this programme.
Competition Commission of India approves Reliance Infrastructure and Dassault Aviation's joint venture
Mon, Feb 06, 2017
This deal is considered as key in execution of offset obligations, as a part of the 36 Rafale fighter Jets purchase agreement worth €7.87 billion, or about Rs.59,000 crore, signed between France and India on September 23, 2016.
Bharat Electronics gets board nod for stock split; to pay interim dividend of Rs 3 per equity share
Fri, Jan 27, 2017
Indian state-owned aerospace and defence company Bharat Electronics has received board's nod for stock split.
2nd Scorpene class submarine Khanderi launched
Thu, Jan 12, 2017
Khanderi, the second Scorpene class submarine that has superior stealth and the ability to launch a crippling attack with torpedoes as well as tube-launched anti-ship missiles whilst underwater or on surface, was today launched at the Mazagon Dock Shipbuilders Limited (MDL) here.
Modi moves for military alliance with US: CPI-M
Fri, Dec 09, 2016
"The status of a Major Defence Partner is equivalent to that of the close military allies of the US such as Australia, New Zealand, the Philippines, Japan and South Korea," it said in a statement.
India successfully test fires twin missiles in Odisha
Mon, Nov 21, 2016
The entire launch activities were carried out by the Strategic Forces Command.
Rafale deal cleared, to be signed on Friday
Wed, Sep 21, 2016
Defence sources said that deal for the aircraft, the first fighter jet deal in 20 years, comes with a saving of nearly 750 million Euros than the UPA era one, which was scrapped by the Narendra Modi government, besides a 50 per cent offset clause.
India, Vietnam sign 12 agreements including defence, IT, double taxation
Sat, Sep 03, 2016
India and Vietnam on Saturday signed 12 agreements in a wide range of areas covering defence, IT, space, double taxation and sharing white shipping information, signalling a strong upward push in their strategic ties.
Modi gives final nod to woo foreign investors into India
Thu, Sep 01, 2016
The Union Cabinet chaired by Modi, gave its nod to major changes made to the FDI rules, including hiking foreign investment to 100% in the defence sector.
PM Modi-led Cabinet approves 'radical' changes in FDI policy; permits 100% foreign investment in defence
Wed, Aug 31, 2016
The changes introduced in the policy included increase in sectoral caps, bringing more activities under automatic route and easing of conditionalities for foreign investment.
India, US sign logistics exchange defence agreement
Tue, Aug 30, 2016
Logistics support for any other cooperative efforts shall only be provided on a case-by-case basis through prior mutual consent of the Parties, consistent with their respective laws, regulations and policies.
India, US eye bilateral trade worth $500 billion: Report
Sun, Aug 28, 2016
Positioned as a major investment destination to the world, India is targeting to increase its bilateral trade with the US to $ 500 billion from current levels of over $ 100 billion, in the near term.
Where does India stand globally on defence spends?
Mon, Aug 22, 2016
While the US' spends on defence is the maximum on defence reaching to $571 billion in 2014, but in terms of military expenditure as a percentage of the GDP it ranks fourth with 3.5%.
Export of defence equipment nearly Rs 3,000 crore over last 3 years
Fri, Jul 22, 2016
In the current year 2016-17 the highest exports of defence equipment is to Sri Lanka, closely followed by Mauritius.
Full text: Here's what PM Modi had to say in Kenya
Mon, Jul 11, 2016
PM Modi and Kenyan President Uhuru Kenyatta signed several agreements and Memorandum of Understandings (MoUs) during the day in sectors such as defense, textile, double taxation and others.
List of agreements signed by PM Modi during his visit to Kenya
Mon, Jul 11, 2016
"India is Kenya's largest trading partner, and the second largest investor here. But, there is potential to achieve much more,” said PM Modi.
Five things you need to know about the first India-designed Tejas fighter jet
Fri, Jul 01, 2016
Tejas, the name of the first squadron of home-grown Light Combat Air (LCA), was inducted into the Indian Air Force (IAF) on Friday. The first two Tejas aircrafts were handed over to the IAF. They will make up the 'Flying Daggers' 45, the name of the first the LCA.
Govt 'radically liberalises' the FDI regime
Mon, Jun 20, 2016
The government's latest amendements in FDI policy are aimed to provide ease of doing business in the country which will result in increase in FDI inflows leading to rise in investment, incomes and employment.
Italian defence company Finmeccanica threatens to 'reconsider' business in India if blacklisted
Tue, May 31, 2016
Italian defence company Leonardo Finmeccanica has threatened to reassess its business in India, a few days after New Delhi said it would blacklist the company over the alleged payment of bribes to win a large helicopter contract.