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 ...
Read More »Modi government mulls policy to ensure one flight for aam aadmi per year
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 ...
Read More »Ten major decisions by cabinet
News: Approving major decisions in sectors ranging from railways and infrastructure to power and investment,the Cabinet sanctioned several key decisions such as redevelopment of railway stations and Eastern peripheral highways. The key decisions are: Redevelopment of 400 railway stations. A proposal to do away with the distinction between different types of foreign investments through ...
Read More »Govt launches 3 agri-portals to improve transparency
News: The government has launched three e- portals to make the process of organic farming, fertilisers’ quality checking and issuance of soil health cards, more transparent and accountable. Currently the portals are launched only in English, will be made available in regional languages also in the next phase for the benefit of ...
Read More »India officially opens up on its undersea aspirations
News: Aspiration of Navy, which currently has 48 ships under construction on various shipyards, is to become a 200-ship Navy by 2027. The only nuclear attack submarine of this kind being produced in Russia, currently is Yasen class. Indian Navy is looking for a newly built, customised, submarine under the ...
Read More »China’s Huawei gets green light to make handsets in India
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 ...
Read More »Indian Navy aiming at 200-ship fleet by 2027
News: Indian Navy is aiming to have a 200-ship fleet by 2027 as per a maritime capability perspective plan in order to guard interests and assets of the nation in waters around them, a top Naval officer said. “Today we have 137 ships and submarines… our aspiration is to become ...
Read More »India clears US$4.74 billion defence purchase
News: India’s defence ministry has cleared the purchase of military equipment worth $ 4.74 billion, including 4 long-range patrol aircraft from US aerospace giant Boeing. The Defence Acquisition Council, which approves big-ticket purchases, also approved an order for 428 air defence artillery guns. U.S. displaced traditional ally Russia as India’s ...
Read More »Boeing and Tata announce strategic aerospace partnership to Make in India
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 ...
Read More »Big gains for Indian firms as Iran pumps more oil; crude prices may drop $4/barrel
News: Iran reached an agreement on its nuclear programme with six world powers led by the US, a development that could end a nearly four-decade-old standoff with the West. The agreement limits Iran’s nuclear capabilities for a decade and puts in place a tighter inspection regime in return for lifting ...
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