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New Delhi [India], June 8 (ANI): Amid the ongoing Operation Sindoor against Pakistan, the Defence Ministry is going to take up Rs 10,000 crore proposal to buy three sophisticated spy planes to help Indian Air Force get a clear air-to-ground picture to carry out precision strikes against enemy ground targets like radar stations, air defence units and other mobile objects. The Rs 10,000 crore project for the Intelligence, Surveillance, Target Acquisition and Reconnaissance (I-STAR) is expected to ...Read More >
New Delhi [India], June 8 (ANI): Amid the ongoing Operation Sindoor against Pakistan, the Defence Ministry is going to take up Rs 10,000 crore proposal to buy three sophisticated spy planes to help Indian Air Force get a clear air-to-ground picture to carry out precision strikes against enemy ground targets like radar stations, air defence units and other mobile objects. The Rs 10,000 crore project for the Intelligence, Surveillance, Target Acquisition and Reconnaissance (I-STAR) is expected to ...Read More >
India - Agri Minister assures hailstorm-hit Shopian farmers of multi-channel compensation In the wake of the recent devastating hailstorm that caused significant damage to crops in Chitragam area of south Kashmir's Shopian district, Minister for Agriculture, Javed Dar on Tuesday visited the affected fields to assess the situation firsthand and to express solidarity with the distressed farming community. Speaking to reporters, the minister said the government is making all possible efforts to i ...Read More >
Hyderabad: In a significant boost for 'Make in India' and 'Atmanirbharta' in the aerospace and defence sector, and Hyderabad's growing stature as a global aerospace hub, the complete fuselage of the Rafale fighter jet will now be made in India at Hyderabad. This move marks the first time that these Rafale components will be manufactured outside France for the Indian as well as global markets.French aerospace major Dassault Aviation has signed four production transfer agreements with Tata Advance ...Read More >
NEW DELHI (Reuters) -Airline bosses are tentatively voicing greater confidence in Boeing's ability to deliver jets at the right quality in a step towards ending years of reputational damage for the embattled planemaker. An annual summit of airline leaders in New Delhi this week struck a more optimistic tone about Boeing's recovery from overlapping safety, regulatory and industrial crises, though executives stressed Boeing still had much work left to do. "What we've seen quarter to quarter is a ...Read More >
Bengaluru: A case was registered against RCB, event management firm DNA entertainment private limited, Karnataka State Cricket Association on Thursday in connection with the stampede near Chinnaswamy stadium here that claimed the lives of 11 people and injured 56, police said on Thursday. Following a complaint by a police inspector, the case was registered at Cubbon Park station, they said. In the FIR, RCB Franchise has been listed as accused 1, DNA entertainment private limited as accused 2 a ...Read More >
New Delhi, Jun 5 (PTI) French aerospace major Dassault Aviation and Tata Advanced Systems Ltd (TASL) will jointly manufacture fuselage for Rafale combat jets in India from 2028 that will mark production of the critical component for the first time outside France. Under the partnership, TASL will set up a cutting-edge facility in Hyderabad to produce key fuselage sections for Rafale aircraft -- a venture that is being seen as a significant forward movement for India's aerospace sector. The join ...Read More >
Bengaluru: Deputy chief minister DK Shivakumar highlighted Bengaluru's dominance in India's aerospace sector during the inauguration of the 15th edition of Aero India, claiming the city controls more than 60% of the country's aerospace manufacturing and defence research operations. He stressed Karnataka's critical role in India's aerospace ambitions, noting that the state contributes 67% of aircraft and helicopter manufacturing for defence services and 65% of aerospace-related exports. In an a ...Read More >
Guwahati, Jan. 13: Assam may soon host an aircraft dismantling plant. Chief Minister Himanta Biswa Sarma informed during a felicitation programme for meritorious students in Pandu on Monday, highlighting ongoing discussions with a company interested in setting up the facility. "Recently, I've been engaged with a group proposing to establish a Boeing facility. They've assured us that if we provide the necessary land, they will create a factory where decommissioned Boeing aircraft from around the ...Read More >
Mumbai, Jan 10 (PTI) Domestic carrier SpiceJet on Friday announced plans to bring back into operations 10 of its grounded aircraft, including four Boeing B737 Max, by mid-April. The airline said it has added 10 planes to its fleet since October 2024 -- three grounded aircraft that were brought back into service and seven inducted on lease. The move comes close on the heels of SpiceJet signing a pact with US-based engine MRO StandardAero Inc last month for the restoration of its grounded MAX fl ...Read More >
(Reuters) -Wall Street's main indexes edged lower on Tuesday as investors anxiously awaited key inflation reports that could influence the Federal Reserve's interest rate decision next week. Among the S&P 500's 11 major industry sectors, communication services, up 2.5%, was the biggest gainer with a strong boost from Google-parent Alphabet, whose shares rose 5.3% after it unveiled a new-generation chip. The weakest sectors were rate-sensitive real estate, down 1.4%, and technology, down 1%. Te ...Read More >
Investing.com -- Boeing's operational recovery is gaining traction following disruptions caused by a recent strike, according to Bank of America analysts in a note Tuesday. In a note, BofA highlighted key signs of improvement in the aerospace giant's production and delivery operations. The bank, citing Aero Analysis Partners/AIR (AAP/AIR), said: "In the past week alone, the company delivered three 737s, bringing the November total to four." The number of 737s in pre-delivery flights is also s ...Read More >
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