Rajnath unveils new Defence Acquisition Procedure

In a major move, India has done away with offset requirements for government-to-government defence deals and single-vendor contracts under a new policy unveiled on Monday for the procurement of......

Defence: Modi Sarkar's Hits and Misses

'The procurement cycle still consumes too much time; little has changed.''There is still no level playing field for the private sector.' IMAGE: Prime Minister Narendra Damodardas Modi addresses......

SC reserves order on Rafale probe; pushes for making price public

The attorney general admitted that there is no sovereign guarantee, but asserted that there is a letter of comfort by France which would be as good as a governmental guarantee. The Supreme Court......

'We negotiated a better deal': Here's what Centre told SC on Rafale

The Centre on Monday disclosed to the Supreme Court the pricing details for the 36 Rafale jets that were negotiated on ‘better terms’ and said it ‘completely followed’ the......

Six sectors that will open up market for India-US

In its communication to the Office of the US Trade Representative imploring the agency not to put India on its trade hit list when the Special 301 Foreign Trade Barriers report is released next......

IT Task Force submits report

The task force constituted to suggest steps for stimulating growth in the IT, ITeS and electronics hardware manufacturing industries has submitted its recommendations. Headed by Ajai Chowdhury,......

Now, DEA questions Press Notes 2 & 4

For the second time since Press Note 2 and 4 were issued in February 2009, the Department of Economic Affairs in the finance ministry has raised questions on their implementation, this time over an......

'Busy' ministers fail to take call on spectrum

The first meeting of the Group of Ministers, set up on the instructions of the prime minister to resolve the controversial issue of spectrum allocation and the vacation of this resource from the......