G7 calls for 'ambitious review' of OECD aid rules, pushes reform agendaG7 ministers called for a significant review of OECD's DAC to incorporate private capital and non-traditional finance. The aim is to simpli...
France wants to change how billions in aid are distributedFrance, during its G7 presidency, will advocate for a significant overhaul of the Development Assistance Committee metrics that govern glob...
No fuel shortage in Karnataka, oil firms urge public to avoid panic buyingFuel and LPG supplies in Karnataka remain stable. Indian Oil Corporation assures no petrol or diesel shortages. Domestic LPG deliveries are...
Drones, howitzers and missiles: Big defence decisions expected todayThe Defence Acquisition Council is set to approve significant defence deals. These include acquiring 60 medium transport aircraft and five ...
BEL, BDL, other defence stocks rally up to 3% ahead of DAC meeting to potentially unlock orders worth Rs 80,000 crFriday brought a significant rise in defence stocks, fueled by the upcoming Defence Acquisition Council meeting that is poised to greenligh...
DAC approves procurement of 106 Basic Trainer Aircraft, clears proposals of over Rs 8,722 croreTo improve the firepower of Indian Navy, the DAC approved procurement of an upgraded version of Super Rapid Gun Mount (SRGM), which is fitt...
Government accepts proposal to acquire specialized guns for Rs 7,000 croreThe DAC cleared the Navy's proposal to buy weapons & sensor systems for the P17A project wherein seven Shivalik-Class stealth frigates are ...
DAC approves proposals worth Rs 860 crore; Barak missiles for naval warshipsProcurement of Barak Missiles for naval warships. This comes with a categorisation of ‘Buy Global’ under the Option Clause from Rafael Adva...
IAF to procure another Boeing C-17 aircraft, cleared by Defence Acquisition Council todayThe IAF already has about 10 of these Boeing aircrafts. The C-17 is a military transport aircraft that can carry supplies and troops to rem...
India gets closer to acquiring US Ultra Light Howitzers, will deploy opposite Pak and ChinaParrikar led Defence Acquisition Council cleared the variations in India’s demands on the guns made to the US and what the US offered.
Defence Minister Manohar Parrikar to chair DAC meet tomorrowParrikar will chair a crucial Defence Acquisition Council meeting tomorrow during which some significant decisions on procurements would be...
Government readies AI-muscled cyber security planThe CDAC Digital Forensic Centre will also undertake research in cyber forensics and allied areas, and help MSMEs undertake commercial acti...
Air defence guns: Bharat Forge predicted outcome of DAC meeting to German company RheinmetallBharat Forge wrote to a blacklisted German arms manufacturer, Rheinmetall, accurately predicting what the committee would clear.
Manohar Parrikar to hold meeting of defence top brassParrikar, who took over the reigns last week, had held the first round of meeting in which he had directed the Army, the Navy and the Air F...
Defence Ministry nod to Rs 4,000 cr acquisition proposals for servicesDefence Ministry today cleared acquisition proposals worth around Rs 4,000 crore for armed forces, including procurement of French-origin M...
Defence Ministry to consider proposals worth Rs 20,000 croreDefence Ministry will consider proposals worth over Rs 20,000 crore in a meeting tomorrow to decide on critical equipment such as air defen...
- Govt clears plan for development of defence capabilities, revises offset policy
The defence ministry approved a plan for development of defence capabilities and effected a major change in offset policy by including tran...