No offset obligation lapsed in last five years: GovtThe quantum of defence offset obligations for which claims have been submitted is USD 6.85 billion, the government said on Monday. Replying...
31 Jul, 2023, 07.07 PM IST
View: How the Budget can add more firepower to India's defence manufacturingWhile the Government has taken a number of constructive measures to actualise its dream of an ‘Aatma-nirbhar Bharat’, a lot still needs to ...
17 Jan, 2022, 11.59 PM IST
Slots for Jet Airways will be based on existing norms, not historicity: Government tells NCLTJet Airways, which shuttered operations in April 2019, is undergoing resolution process under the Insolvency and Bankruptcy Code (IBC). The...
04 Jun, 2021, 07.28 PM IST
Ongoing strategic disinvestments of CPSEs to be outside PSE policy purviewStrategic disinvestments of Air India, Bharat Petroleum Corp Ltd, Shipping Corporation of India and BEML announced during FY21, are in vari...
05 Feb, 2021, 05.54 PM IST
Rs 90,048 crores allocated for defence modernisation in 2020-21The total amount allocated for modernisation, through procurement of new equipment and upgrading of existing equipment and systems, is 27.8...
15 Sep, 2020, 08.57 AM IST
View: Making India 'Atmanirbhar' in the defence sectorRecognizing this gap, on May 16, 2020, in an unprecedented move to spur the post COVID-19 Indian economy, the Finance Minister announced th...
23 Jun, 2020, 06.05 PM IST
Ordnance factory board ropes in IIFT for trainingThe factories form an integrated base for indigenous production of defence hardware and equipment, with the primary objective of self-relia...
18 Feb, 2020, 09.13 AM IST
Of the 188 contracts signed in last 3 yrs, 121 given to defence PSUs, ordnance board: GovernmentCurrently, Hindustan Aeronautics Limited (HAL) has orders to manufacture Sukhoi aircraft, light combat aircraft, Dornier aircraft, advance ...
08 Jan, 2019, 10.39 AM IST
Budget 2016: Full text of Finance Minister Arun Jaitley's speechJaitley presented his third budget which took on the fiscal and physical health of the nation by setting the fiscal deficit target at 3.5% ...
29 Feb, 2016, 04.45 PM IST
DoPT seeks clearances from Health and Environment ministry on AIIMS ex-CVO Sanjiv ChaturvediKejriwal had written to Union Minister Prakash Javadekar for urgently releasing Chaturvedi from his duties to enable him to work as his Off...
07 May, 2015, 05.04 PM IST
Modi government's austerity drive: No first class air travel, 5-star hotel meetings for officialsIssuing fresh directions to curtail expenditure, the Finance Ministry asked the government departments to cut some non-plan expenditure by ...
30 Oct, 2014, 03.29 PM IST
Government yet to take any decision to blacklist AgustaWestlandGovernment has not yet taken any decision to blacklist AgustaWestland- the Anglo-Italian firm accused of paying kickbacks.
08 May, 2013, 04.13 PM IST
Budget 2011-2012: Speech of Pranab Mukherjee, Minister of FinanceOur growth in 2010-11 has been swift and broad-based. The economy is back to its pre-crisis growth trajectory.
28 Feb, 2011, 07.11 PM IST
- DPP 2008 banking on defence offset to power indigenous industry
The ministry of defence has unveiled the much-awaited revised policy for defence purchases (Defence Pocurement Policy or DPP 2008), which s...
05 Aug, 2008, 03.46 AM IST