Modi government had in 2020 set an ambitious export target of Rs 35,000 crore or $5 billion in aerospace and defence goods and services for the next five years.
Oleksandr Yakovenko, founder of Ukrainian drone maker TAF Industries, further went on to highlight the growing 'irrelevance' of European defence platforms.
As cheap drones reshape battlefields and drive up the cost of war with every expensive interception, a wave of defence startups seek to develop the answer: the $10,000 missile
Report on impact of AI emergence—drawing upon depositions from several ministries—confirms that the developments come in the absence of AI laws or considerations over them.
In FY 2025-26, AoN for 55 proposals amounting to Rs 6.73 lakh cr has been accorded by DAC. Both the quantum of AoN given and capital contracts signed, so far, have been the highest in any FY.
The system was to delivered in March but will now reach the Indian shores by May, or June. The fifth S-400 will be delivered in the last quarter of this year.
West Asia conflict drains US stockpiles, forcing diversion of Patriot, THAAD interceptors from Kyiv; Europe, Zelensky voice concerns as US administration pivots funds and priorities
The countries signed a memorandum for co-development of UNICORN masts in November 2024. India has been second Asian nation to have such an agreement with Tokyo, after Philippines.
The Congress has promised Rs 50,000 assistance to each woman but as we've seen in many recent elections, voters seem to be conscious of the proverb: 'A bird in hand is worth two in the bush.'
Fears that an escalation of the conflict could heighten a fuel squeeze & endanger the economy unnerved traders, with NYT reporting Iran stopped negotiating a truce with the US.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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