A report found that in a scenario of tit-for-tat tariffs by Trump and the EU, the euro zone GDP would slump 1.3% in 2027 and 2028 and fall as much as 1.5% in Germany.
‘Focus on India’ paper, adopted by German cabinet, offers new perspective on ties between Berlin & New Delhi. Security, greater economic cooperation highlighted in document.
While German firm TKMS has tied up with state-run MDL, Spain's Navantia has tied up with L&T to bid for Project 75 (India), under which 6 conventional submarines are to be built.
German Chancellor & 8 cabinet ministers expected to arrive in India in October last week for intergovernmental consultations. Defence, military & development partnership on agenda.
At European Political Community meeting in Britain, NATO Secretary General said they have agreed to establish a command to coordinate and provide security assistance for Ukraine.
Indian Navy is set to finalise a technical report following field evaluation trials of air independent propulsion systems offered by German company TKMS and Spanish firm Navantia.
For an industry globally classified as hazardous, protections such as health insurance and a provident fund for workers are necessities. In Sivakasi, they remain elusive.
The industry forecasts exports are set to grow 16% in 2025-26, boosted by surplus domestic production and a drive to push into 26 underserved global markets with strong potential.
Indigenisation level will progressively increase up to 60 percent with key sub-assemblies, electronics and mechanical parts being manufactured locally.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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