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New Delhi: One aircraft is built for stealth, while the other for interception. Russia says its S-400 system was designed and manufactured for one job, which is to take down jets like the American F-35 before they can strike. New Delhi says it is not talks with the United States about buying the F-35. The government told Parliament there are no discussions underway. However, the speculation refuses to die. Some reports suggest this may be one reason behind Donald Trump's recent irritation with ...Read More >
Mumbai, Aug 4 (PTI) The rupee depreciated 11 paise to 87.29 against the US dollar in early trade on Monday, weighed down by sustained foreign fund outflows and concerns over trade tariffs. Forex traders said the weakness in the dollar index and easing crude oil prices supported the rupee at lower levels. At the interbank foreign exchange market, the rupee opened at 87.21 and fell to an early low of 87.29 against the American currency, registering a decline of 11 paise over its previous close. ...Read More >
New Delhi: In a significant push for self-reliance in defence manufacturing, the Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, on Thursday granted Acceptance of Necessity (AoN) for 10 capital acquisition proposals valued at approximately Rs 1.05 lakh crore. As per an official statement, all these procurements will be sourced indigenously, further strengthening India's commitment to 'Aatmanirbhar Bharat' in defence production. Key land and air systems cleared The ...Read More >
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