India inks $4bn deal with US for 31 Predator drones

India on Tuesday inked a mega deal with the United States to procure 31 Predator long-endurance drones from American defence major General Atomics under the foreign military sales route at a cost......

Govt forms cabinet committees on security, economic affairs; includes allies

The Modi government on Wednesday constituted various cabinet committees, including the country's highest decision making bodies on security, economic and political affairs. IMAGE: Prime Minister......

India to buy 200 BrahMos missiles for Rs 19K cr to boost Navy

In a significant move, the Cabinet Committee on Security (CCS) has accorded approval for the procurement of more than 200 BrahMos supersonic cruise missiles and associated equipment for the Indian......

India to buy 200 BrahMos, MiG 29 engines in Rs 39K cr deal

India on Friday sealed five major defence acquisition contracts worth Rs 39,125 crore including procurement of BrahMos supersonic cruise missiles, radars, weapon systems and aero-engines for MiG-29......

Removal of MFN status would hit $488.5 mn worth of exports from Pak

Removal of this status means India can now enhance customs duties to any level on goods coming from Pakistan. The main items which India imports include fresh fruits, cement, petroleum products,......

Tax dept to share assessee data with NATGRID

The National Intelligence Grid or NATGRID, a network aimed at sharing information about terrorists among security agencies, will now be getting access to the income tax department's PAN records......

Indian Bitcoin cos form self-regulatory body

Nishith Desai appointed as advisor to frame norms. Bitcoin start-ups Zebpay, Unocoin, Coinsecure and Searchtrade have jointly launched a Digital Asset and Blockchain Foundation of India (Dabfi),......

Avoid whips, threats, I-T dept tells officers

The Union finance ministry has asked field officers of the income tax department to not be adversarial to assessees, and to not send high-pitched demands without a proper basis. This advice, issued......

BCCI asks Manohar to discuss financial restructuring of ICC

IMAGE: BCCI President Shashank Manohar arrives for a meeting. Photograph: PTI BCCI president Shashank Manohar, who is committed to ending the monopoly of India, Australia......