Army has been trying to acquire CQB carbines since 2008 to replace outdated & ageing 9mm British Sterling 1A1 submachine guns. MoD gave nod to induct new weapons this week.
A committee chaired by Gen. Bipin Rawat will oversee indigenisation efforts, and recommend the removal of items from the negative import list if needed.
Recent defence deals have been successful only because they were made through unconventional means, circumventing the long and tedious procurement processes.
At a seminar by the United Services Institution, Army chief Gen. M.M. Naravane speaks out against procedural lacunae in defence procurement, emphasises need for more agile processes.
A comparison of trajectories of India-Russia and India-US defence ties illustrates how India stands apart from Turkey on the applicability of CAATSA sanctions.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.
In its toughest time in decades because of floods, Punjab would’ve expected PM Modi to visit. If he has the time for a Bihar tour, why not a short visit to next-door Punjab?
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