Stay updated with the latest daily-mail-online news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on daily-mail-online topics.
NEW DELHI, June 5 (Reuters) - France's Dassault Aviation and India's Tata Advanced Systems have agreed to manufacture the fuselage of the Rafale fighter aircraft in India, the companies said on Thursday, the first time it will be produced outside France. India, the world's biggest arms importer, has been looking to step up domestic production and boost defence exports, which jumped 12% in the fiscal year to end-March, to $2.76 billion. Tata will set up a production facility in the southern cit ...Read More >
By Shivam Patel NEW DELHI, May 27 (Reuters) - India's defense minister has approved a framework for building the country's most advanced stealth fighter jet, the defense ministry said on Tuesday, amid a new arms race with Pakistan weeks after a military conflict between the neighbors. Indian state-run Aeronautical Development Agency, which is executing the program, will shortly invite initial interest from defense firms for developing a prototype of the warplane, envisaged as a twin-engine 5th ...Read More >
May 19 (Reuters) - India's Vodafone Idea had its petition to waive more than $5 billion in debt it owes the government rejected by the country's top court on Monday, dealing a hammer blow to the country's third-largest telecom company. The court also dismissed a similar petition from bigger rival Bharti Airtel, but the rejection will have a bigger impact on debt-ridden Vodafone Idea. The company's stock fell as much as 10% on Monday following the court ruling. Vodafone Idea, a joint venture b ...Read More >
NEW DELHI (AP) - A controversial legislation submitted by Prime Minister Narendra Modi´s government to change India's voting system failed to pass Tuesday in the country's lower house of Parliament. Law minister, Arjun Ram Meghwal, presented the legislation which proposed allowing elections for state assemblies and the national parliament to be held simultaneously. However, it was not approved as the vote fell short of the required two-thirds majority; only 269 lawmakers voted in favor of the p ...Read More >
NEW DELHI, Dec 11 (Reuters) - London copper prices climbed to a nearly one-month high on Wednesday, as markets drew support from top consumer China's recent announcement that it will ease monetary policy and adopt a proactive fiscal policy to propel growth next year. Three-month copper on the London Metal Exchange (LME) was up 0.8% at $9,290 per metric ton, as of 0353 GMT. The contract briefly touched $9,314 per metric ton, its highest level since Nov. 12. The most-traded January copper contra ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.