Japan has offered financial support besides technology for India’s ambitious rail project, estimated to cost about Rs 90,000 crore at an interest rate of less than one per cent. This 505 km project will link Mumbai with Ahmedabad. Japan’s decision to give virtually free finance for Modi’s pet programme is ...
Read More »France to invest 50% worth contracts in defence related sectors: Rafale deal
India and France have firmed up an understanding on the offsets segment under which the French have agreed to invest 50 per cent of the deal’s worth in related sectors. French aircraft manufacturer Dassault had already reached out to Indian companies in the defence and security industry for possible Make ...
Read More »US presidential choppers are to be manufactured in India
Lockheed Martin is the world’s biggest military systems’ giant, and the TASL project is now part of its own very impressive portfolio. Lockheed is now in command and control of all of Sikorsky’s famed flying machines as only recently, it acquired the Sikorsky Aircraft Corporation from United Technologies Corporation (UTC). ...
Read More »Indo-Russia Trade Relations to reach $30 billion by 2025
Russia is an important partner for India in peaceful uses of nuclear energy. External Affairs Minister Sushma Swaraj and Russia’s Deputy Prime Minister Dmitry Rogozin, chairing the 21st India-Russia Inter-Governmental Consultations, looked at ways to enhance the mutual direct investment to $15 billion by 2025. India and Russia today discussed ...
Read More »India among top 10 acquirers in US market this year
India has been ranked among top 10 acquirers in the US market this year with 16 deals valued at $1.7 billion, says Baker & McKenzie. Majority of the deals were in the pharma sector, with six transactions totalling $1.5 billion, as Indian companies seek to increase their scale in the ...
Read More »India can help us strengthen defence, anti-terrorism: Namibian envoy Pius Dunaiski
The Republic of Namibia is a vast, sparsely populated country situated along the south Atlantic coast. In 2014, it bought 3,400 Indian-made electronic voting machines (EVMs) at a cost of Namibian $10 million. Namibian High Commissioner to India, Pius Dunaiski, said that to boost the country’s defence system, they wanted ...
Read More »India, Israel upgrading bilateral ties
India hopes to sign three large agreements on water, energy and education, during Indian President Pranab Mukherjee’s state visit to Israel. Ever since India established diplomatic relations with Jewish State in January 1992, bilateral cooperation between the two countries has increased. Indian multinationals have made long-term investments to the tune ...
Read More »Clearing the way for exports, Japan eyes nuclear deal with India
The focal point of negotiations between Japan and India was how to prevent the spread of nuclear technologies and expected to agree on tight management of nuclear technologies on a par with the Nuclear Nonproliferation Treaty (NPT). Japanese Prime Minister Shinzo Abe is expected to visit India around the end of ...
Read More »Russia, India ponder co-development of new generation Infantry Fighting Vehicle
Russia and India are considering co-development of a new generation infantry fighting vehicle (IFV) at an Indian enterprise, said Albert Bakov, first vice president and co-owner of the Tractor Plants Concern. Russian Defense Ministry may additionally fund development of BMP-3 Dragoon IFV. The newly developed version also differs from the ...
Read More »India, US, Japan to collaborate on maritime security
India, US and Japan have agreed to work together to maintain maritime security through greater collaboration. US Secretary of State John Kerry hosted the dialogue with Indian External Affairs Minister Sushma Swaraj and Japanese Foreign Minister Fumio Kishida, highlighted their shared support for peace, democracy, prosperity, and a rules-based international ...
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