IMF Releasing First Tranche of $6bn Loan Package for Pakistan
Pakistan’s fiscal deficits are narrowing, the International Monetary Fund (IMF) said on Friday as it announced it would release the first tranche of its $6bn financial assistance progr... Read more
Modi Won’t let China Turn India to Another Pakistan
Indian Prime Minister Narendra Modi’s administration won’t let China flood India with its manufacturing products, the way it did with Pakistan. This week, Modi declined to sign the Regional... Read more
Indian Defence Minister Supports Blockchains Use in Contemporary Warfare
Is blockchain the future of war? India getting more and more involved with the crypto space. Defence Minister, Rajnath Singh supports blockchain used for warfare means. Blockchain tech could... Read more
Air Chief Marshal RKS Bhadauria to Fly HAL’s HTT-40 Next Week
As stated in the Defence Procurement Procedure (2016), the indigenous HTT-40 comes under the category of “Indian designed, developed and manufactured” (IDDM) equipment and has till date clea... Read more
Russia in Negotiations to Manufacture Minesweepers in India
During Indian defense minister Rajnath Singh’s recent visit to Moscow, New Delhi was offered Russian minesweepers, which would be built in India, in case the deal fructifies. The Indian navy... Read more
DRDO Bets Big on Indigenous Capabilities
The Government aims to take the Indian economy to $10 trillion by 2030, and it believes, defence is one of the sectors that can help in contributing towards this. Echoing the same views, the... Read more
Short of Fighter Planes, Air Force wants HAL to Hasten Production
Faced with a depleting jet fleet, the Indian Air Force (IAF) has suggested to the government that it needed a speedier ‘make in India’ by public sector giant Hindustan Aeronautics Limited. O... Read more
More than six months after the Center authorized the acquisition of 464 T-90 main battle tanks (MBT) of Russian origin, the Ministry of Defense has placed an order for the entire fleet worth... Read more
Airbus Military Offers A 400M to India
With close to securing the final contract worth $ 2 Billion for it’s C295 medium transport aircraft (MTA) from the Indian Air Force (IAF) and the Indian Coast Guard (ICG), European aerospace... Read more
Seahawks for Navy: India, US to Seal Deal
A US Navy MH-60S Seahawk helicopter heads out on a search and rescue mission from the USS Kearsarge. Photograph: Jonathan Drake/Reuters India is finally concluding a procurement deal for mul... Read more