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News: The Indian Navy has reportedly sent requests for proposals to four potential foreign contractors to assist it in constructing a state-of-the-art aircraft carrier. Contractors from Russia, the United States, France and Britain may take part in designing India’s new 65,000 metric ton aircraft carrier. The new carrier, which is ...

News: Boeing and Tata Advanced Systems ( TASL) have agreed to work together on manufacturing aerospace and defence equipment including unmanned aerial vehicles. The collaboration, which is in line with the government’s ‘Make in India’ initiative, will not only work in the domestic market but will also be for international ...

News: The upcoming civil aviation policy will seek to ensure at least one flight per year for a middle class family, said G Asok Kumar, joint secretary in the civil aviation ministry. The policy aims to achieve this by reducing cost and increasing accessibility for people. The 5/20 norm has ...

News: Huawei would become the first big-name Chinese phone maker to manufacture hardware in India’s growing market to helping compensate for slowing growth at home. “India is an important overseas market for Huawei. We aim to become a top three brand in India within three years. ,” says Allen Wang, president ...

News: US-based Boeing Co. and Tata Adavanced Systems Ltd (TASL) on Wednesday agreed to jointly develop products and platforms in aerospace and defence manufacturing and access new markets together. TASL is already on contract to manufacture aerostructures for Boeing’s CH-47 Chinook and AH-6i helicopters. “This agreement gives us an opportunity ...

News: Deflationary trends continued for the eighth month in a row in June with the wholesale price- inflation slipping to (-)2.4 per cent, largely due to cheaper vegetable and fuel prices. But the retail inflation for the same month rose to an 8-month high of 5.4 per cent. Overall wholesale inflation ...

News: The Ministry of Textiles (MoT) has warned the companies supplying imported jute bags for government procurements will be blacklisted for two years and will face criminal proceedings. Even if a single jute bag being supplied to the government is found to be procured from abroad, action will be taken against owners and directors of the ...

News: Indian Space Research Organisation’s commercial launch capability reached a new high on Friday night when it successfully lunched five satellites built by UK’s Surrey Satellite Technology Limited (SSTL) at Sriharikota. The rocket successfully launched three identical DMC3 optical earth observation satellites, an auxiliary earth observation micro satellite (CBNT-1) and ...

News: The government launched the e-Tourist Visa scheme in November last year for nationals of 43 countries and in May, the government extended the scheme to 31 more countries. India has jumped 13 ranks in the World Economic Forum Travel and Tourism Competitiveness Index, 2015. The country received 5.13 lakh Foreign ...

News: Commerce Secretary Rita Teaotia said that the facility for online payment of application fees through credit or debit cards and other electronic fund transfers, will help in exporters and importers in terms of facilitating the country’s trade. Director General of Foreign Trade (DGFT) Pravir Kumar said that with the launch ...