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Centre Clears Rs 62,000-Crore Deal To Buy Made-In-India Attack Helicopter
The Cabinet Committee on Security on Friday gave its nod for the biggest ever deal to buy 156 Light Combat Helicopters (LCH) worth over Rs 62,000 crore for the Indian Army and Air Force from Hindustan Aeronautics Ltd (HAL).
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India Clears Deal To Build 2 Nuclear Submarines, Buy 31 Predator Drones
In a mega boost for the Indian Navy and surveillance capabilities of the defence forces, the Cabinet Committee on Security has cleared the major deals for building two nuclear submarines indigenously and buying 31 Predator drones from the US.
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New Airbus Transports To Replace Indian Air Force Avros First Inducted 60 Years Ago
The Tatas will manufacture 40 of the 56 C-295MWs, according to the deal with Airbus Defence and Space. The deal cleared by the Cabinet Committee on Security will have the Spain-based firm delivering 16 planes in flyaway condition.
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Parliament Monsoon Session LIVE Updates: On Last Day Of Current Session, Centre Plans To Pass Triple Talaq Bill
On the last day of the current Monsoon Session of Parliament today, members will discuss the crucial triple talaq bill. The bill, which was debated during the previous session, has been amended by the government considering suggestions made by other parties. Today, the government looks to pass the bill in Parliament. Law Minister Ravi Shankar Prasa...
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CCS Cleared Rafale Deal 16 Months After PM Modi's Visit To France
The Cabinet Committee on Security (CCS) had cleared the Rs 58,000 crore Rafale deal in August, 2016, nearly 16 months after the announcement of its procurement was made by Prime Minister Narendra Modi during his visit to France in April 2015, according to details provided by the government in Parliament on Monday.
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Tough Law To Deal With Fugitive Economic Offenders Gets Cabinet Nod: 10 Points
A proposed law to help choke fugitives involved in major economic offences has been cleared by the government, amid investigations into a massive bank scam involving jewellery billionaires who have left the country. The Fugitive Economic Offenders Bill will help the government seize properties of those involved in fraud worth more than Rs 100 crore...
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Sri Lanka Revises Deal For Port With China, India's Concerns Addressed
Sri Lanka's cabinet cleared a revised agreement for its Chinese-built southern port of Hambantota on Tuesday, the government said, after terms of the first pact sparked widespread public anger in the island nation
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Aircel-Maxis Report In Court Includes P Chidambaram's Role. What He Said
Former Finance Minister P Chidambaram has said that in 2006 he approved the sale of telecom company Aircel to a Malaysian group "in the normal course of business." The deal is being investigated for money-laundering and corruption by the CBI as well as the Enforcement Directorate or ED, which handles financial crimes.
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PM Modi Heads to US With $3.1 Billion Deal For Boeing
Ahead of Prime Minister Narendra Modi's visit to the US, the cabinet today cleared the purchase of Boeing's Apache and Chinook helicopters in a deal worth around $3.1 billion, government sources said.
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Cabinet Clears Bill on Black Money, to be Introduced in Parliament This Session: Sources
The cabinet has cleared the black money bill, which proposes to provide muscle to tax authorities in dealing with people stowing illegal wealth abroad, sources told NDTV. The bill is likely to be introduced in the current session of Parliament, they added.
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Jet-Etihad deal cleared by investment board but with conditions
After a 90-minute meeting, the Foreign Investment Promotion Board or FIPB today gave approval, with some riders, to the Rs. 2,058 crore Jet-Etihad deal, which proposes a sale of 24 per cent stake in India's Jet Airways to Abu Dhabi's Etihad Airways. It will now need the Cabinet's nod.
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India clears €950 million deal for Mirage-2000 missiles
A Cabinet Committee on Security (CCS) meeting chaired by Prime Minister Manmohan Singh today cleared the deal to procure 490 MICA missiles manufactured by French firm MBDA, Defence Ministry sources said.
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Full transcript: Commerce Minister Anand Sharma speaks to NDTV on FDI
The government led, by the Prime Minister, made it clear that there is going to be no turning back, no rolling back. The policy decision taken by the Union Cabinet and announced by the Commerce Minister to allow FDI, that's Foreign Direct Investment, in the retail sector has created a major political storm, but so far the government is sticking to ...
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Government okays $2.4 bn Mirage-2000 upgrade
The government has cleared a $2.4 billion deal with France for upgrading India's Mirage-2000 combat planes, informed sources said. The deal was cleared at a meeting of the Cabinet Committee on Security (CCS) chaired by Prime Minister Manmohan Singh, the sources said.
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Gorshkov to cost 2.3 billion after years of negotiation
After a three-year long renegotiation, the fresh price of Admiral Gorshkov aircraft carrier was finalised at USD 2.35 billion on Wednesday by the government, a day ahead of Russian Prime Minister Vladimir Putin's two-day visit to India.
-
Centre Clears Rs 62,000-Crore Deal To Buy Made-In-India Attack Helicopter
The Cabinet Committee on Security on Friday gave its nod for the biggest ever deal to buy 156 Light Combat Helicopters (LCH) worth over Rs 62,000 crore for the Indian Army and Air Force from Hindustan Aeronautics Ltd (HAL).
-
India Clears Deal To Build 2 Nuclear Submarines, Buy 31 Predator Drones
In a mega boost for the Indian Navy and surveillance capabilities of the defence forces, the Cabinet Committee on Security has cleared the major deals for building two nuclear submarines indigenously and buying 31 Predator drones from the US.
-
New Airbus Transports To Replace Indian Air Force Avros First Inducted 60 Years Ago
The Tatas will manufacture 40 of the 56 C-295MWs, according to the deal with Airbus Defence and Space. The deal cleared by the Cabinet Committee on Security will have the Spain-based firm delivering 16 planes in flyaway condition.
-
Parliament Monsoon Session LIVE Updates: On Last Day Of Current Session, Centre Plans To Pass Triple Talaq Bill
On the last day of the current Monsoon Session of Parliament today, members will discuss the crucial triple talaq bill. The bill, which was debated during the previous session, has been amended by the government considering suggestions made by other parties. Today, the government looks to pass the bill in Parliament. Law Minister Ravi Shankar Prasa...
-
CCS Cleared Rafale Deal 16 Months After PM Modi's Visit To France
The Cabinet Committee on Security (CCS) had cleared the Rs 58,000 crore Rafale deal in August, 2016, nearly 16 months after the announcement of its procurement was made by Prime Minister Narendra Modi during his visit to France in April 2015, according to details provided by the government in Parliament on Monday.
-
Tough Law To Deal With Fugitive Economic Offenders Gets Cabinet Nod: 10 Points
A proposed law to help choke fugitives involved in major economic offences has been cleared by the government, amid investigations into a massive bank scam involving jewellery billionaires who have left the country. The Fugitive Economic Offenders Bill will help the government seize properties of those involved in fraud worth more than Rs 100 crore...
-
Sri Lanka Revises Deal For Port With China, India's Concerns Addressed
Sri Lanka's cabinet cleared a revised agreement for its Chinese-built southern port of Hambantota on Tuesday, the government said, after terms of the first pact sparked widespread public anger in the island nation
-
Aircel-Maxis Report In Court Includes P Chidambaram's Role. What He Said
Former Finance Minister P Chidambaram has said that in 2006 he approved the sale of telecom company Aircel to a Malaysian group "in the normal course of business." The deal is being investigated for money-laundering and corruption by the CBI as well as the Enforcement Directorate or ED, which handles financial crimes.
-
PM Modi Heads to US With $3.1 Billion Deal For Boeing
Ahead of Prime Minister Narendra Modi's visit to the US, the cabinet today cleared the purchase of Boeing's Apache and Chinook helicopters in a deal worth around $3.1 billion, government sources said.
-
Cabinet Clears Bill on Black Money, to be Introduced in Parliament This Session: Sources
The cabinet has cleared the black money bill, which proposes to provide muscle to tax authorities in dealing with people stowing illegal wealth abroad, sources told NDTV. The bill is likely to be introduced in the current session of Parliament, they added.
-
Jet-Etihad deal cleared by investment board but with conditions
After a 90-minute meeting, the Foreign Investment Promotion Board or FIPB today gave approval, with some riders, to the Rs. 2,058 crore Jet-Etihad deal, which proposes a sale of 24 per cent stake in India's Jet Airways to Abu Dhabi's Etihad Airways. It will now need the Cabinet's nod.
-
India clears €950 million deal for Mirage-2000 missiles
A Cabinet Committee on Security (CCS) meeting chaired by Prime Minister Manmohan Singh today cleared the deal to procure 490 MICA missiles manufactured by French firm MBDA, Defence Ministry sources said.
-
Full transcript: Commerce Minister Anand Sharma speaks to NDTV on FDI
The government led, by the Prime Minister, made it clear that there is going to be no turning back, no rolling back. The policy decision taken by the Union Cabinet and announced by the Commerce Minister to allow FDI, that's Foreign Direct Investment, in the retail sector has created a major political storm, but so far the government is sticking to ...
-
Government okays $2.4 bn Mirage-2000 upgrade
The government has cleared a $2.4 billion deal with France for upgrading India's Mirage-2000 combat planes, informed sources said. The deal was cleared at a meeting of the Cabinet Committee on Security (CCS) chaired by Prime Minister Manmohan Singh, the sources said.
-
Gorshkov to cost 2.3 billion after years of negotiation
After a three-year long renegotiation, the fresh price of Admiral Gorshkov aircraft carrier was finalised at USD 2.35 billion on Wednesday by the government, a day ahead of Russian Prime Minister Vladimir Putin's two-day visit to India.
