Tag: India

India, US discuss Indo-Pacific, regional issues ahead of 2+2 dialogue

NEW DELHI: India and the US have discussed their flourishing defence partnership and opportunities for enhanced cooperation with like-minded partners to sustain a free and open Indo-Pacific as officials from the two countries held a meeting to lay the groundwork for the key 2+2 Ministerial Dialogue later this year, the Pentagon has said. The meeting […]

India to allow foreign tourists travelling by chartered flights from October 15, rest from November 15

NEW DELHI: India has decided to allow foreign tourists into the country, beginning with granting tourist visas to those travelling by chartered flights from October 15 and those by regular planes from November 15. The Union Home Ministry on Thursday announced that with this, the restrictions placed on visa and international travel since March 2020 […]

India’s Defence Ministry approves procurement of military hardware worth Rs 13,165 crore

NEW DELHI: The defence ministry on Wednesday approved the procurement of military platforms and hardware worth Rs 13,165 crore that included 25 indigenously-developed ALH Mark-III helicopters for the Indian Army to boost its combat capabilities. The cost of acquiring the advanced light helicopters from the state-run Hindustan Aeronautics Ltd (HAL) has been estimated at Rs […]

Indian Army to procure 118 Arjun Mk-1A Main Battle Tanks for Rs 7,523 crore

NEW DELHI: The Defence Ministry placed an order to procure 118 Main Battle Tanks (MBTs) Arjun Mk-1A with the Heavy Vehicles Factory (HVF) in Chennai for the Indian Army on Thursday. The order, worth Rs 7,523 crore, will provide further boost to the ‘Make in India’ initiative in the defence sector and is a big […]

Airbus gets Rs 22,000 crore contract form Defence Ministry for 56 C-295 transport aircraft

NEW DELHI: India has formalised the acquisition of 56 Airbus C295 aircraft to replace the Indian Air Force (IAF) legacy AVRO fleet as India’s Defence Ministry inked a nearly Rs 22,000 crore contract with Airbus Defence and Space of Spain to procure 56 C-295 medium transport aircraft which will replace Avro-748 planes of the Indian […]

Apple to bring iPhone 13 lineup to India from September 24 with prices starting at Rs 69,900

NEW DELHI: Apple enthusiasts will be able to get their hands on the latest line-up of iPhones — iPhone 13, iPhone 13 mini, iPhone 13 Pro and iPhone 13 Pro Max — with prices starting at Rs 69,900 onwards later this month. “Customers in Australia, Canada, China, Germany, India, Japan, the UK, the US, and […]

India allows 100 per cent FDI through automatic route in telecom reforms

NEW DELHI: In big bang reforms, the Union Cabinet on Wednesday approved a relief package for the telecom sector that includes a four-year moratorium on payment of statutory dues by telecom companies as well as allowing 100 per cent foreign investment through the automatic route. Briefing reporters on the decisions taken by the Cabinet, Telecom […]

India to get 3rd set of Swiss bank details;real estate properties information included

NEW DELHI: India will get this month the third set of Swiss bank account details of its nationals under an automatic exchange of information pact with Switzerland and this will include for the first time the data about real estate properties owned by Indians there, officials said on Sunday. Marking a key milestone in the […]

Inviting applications to set up International Trade Financing Services Platform at GIFT IFSC

The International Financial Services Centres Authority (IFSCA) has been established as a unified regulator to develop and regulate financial products, financial services, and financial institutions in the International Financial Services Centres (IFSCs) in India. IFSCA vide circular dated 9th July 2021 issued the framework for setting up of International Trade Financing Services Platform (“ITFS”) at […]

India to monetise 25 airports over 4 years, to fetch Rs 20,782 crore

NEW DELHI: The government of India is looking to monetise 25 AAI-managed airports, including Varanasi, Chennai, Nagpur and Bhubaneshwar, over the next four years, which could bring in investments worth Rs 20,782 crore. Further, divestment of Airports Authority of India’s (AAI) residual stake in four airport JVs has also been considered under the national monetisation […]

India eyes Rs 35,100 crore from partial sale of Bharatnet network, tower infra

NEW DELHI: The government of India expects to realise Rs 35,100 crore from the partial sale of Bharatnet fibre assets and around 13,500 mobile towers owned by state-run telecom firms as part of its national monetisation pipeline released on Monday. Government think tank Niti Aayog has valued over 2.86 lakh kilometre of optical fibre assets […]

India invites Australian investors to tap opportunities in infrastructure sector

NEW DELHI: Insdia’s Finance Minister Nirmala Sitharaman on Thursday invited Australian investors to tap opportunities in India’s infrastructure sector which needs funding to the tune of Rs 111 lakh crore over five years. Australia is an important partner of India as a strong liberal democracy with shared diaspora and bilateral trade and investment. The bilateral […]

Back To Top