India’s Foreign Exchange Reserves Continue to Soar, Hit All-Time High of $473 Billion
India’s foreign exchange reserves continued to surge in week ended 7 February, hitting an all-time high of $473 billion, reports Times of India. The RBI’s reserves rose by $1.70... Read more
Thales to Expand Presence in India, Says France Supports Company’s Resolve to Share Critical Technology
French defence major Thales has decided to expand its presence in India to exploit billions of dollars of military requirements expected to flow from the India’s ambitious plan to roll... Read more
Turkey to Oppose Pakistan Blacklisting at FATF Meet
Turkish President Tayyip Erdogan on Friday said he would help Pakistan stay off a terrorism financing blacklist at a meeting of a global finance watchdog, a move he suggested would counter “... Read more
The first high-speed patrol boat being built for Vietnam under the $100-million Line of Credit (LoC) will be delivered by September, said JD Patil, whole time Director & Senior Executiv... Read more
India Purchasing American Air Defence System to Fill the Gap that Exists Despite S-400: WMD Analysts
Ahead of US President Donald Trump’s visit to India, the US State Department approved the sale of integrated air defence weapon systems to India at a cost of $1.867 billion. New Delhi had al... Read more
Ready to Help India on Tejas and Advanced Combat Aircraft Projects: Lockheed Martin
US aerospace giant Lockheed Martin has offered to help India in its multi-billion dollar programme to develop a next generation advanced multi-role combat aircraft and boost capability of th... Read more
BrahMos Aerospace has been aiming to develop a hypersonic version of a missile that will be able to hit the target five times faster than the speed of sound. Jointly developed by India and R... Read more
Why the U.S. Navy Needs At Least 355 Ships
It’s good news, obviously, that Defense Secretary Mark Esper says he is “fully committed” to getting the U.S. Navy up to 355 ships. That number has been in decline for decades. In 1987, the... Read more
Is Boeing Elbowing MiG out of India Carrier Jet Race?
Boeing has announced plans to test its F/A-18 Super Hornet jet on a carrier ski-jump to make a pitch for India’s carrier-based aircraft procurement program even as Russia’s MiG is expecting... Read more
India, UK Begin Ajeya Warrior Joint Counter-Terror Army Exercises
Indian and British armed forces on Thursday began their joint ‘Ajeya Warrior’ exercises in the Salisbury Plain of central southern England to train troops in counter insurgency a... Read more