India well set to face Brexit fallout

India well set to face Brexit fallout

New Delhi, Dt: 24(PTI)–India is well prepared to face any after effects of ‘Brexit’ said the Indian Finance Minister Arun Jaitley. India has strong economic fundamentals and adequate foreign exchange reserves. The Government is working closely with various regulatory bodies to mitigate the effects of volatility caused by ‘Brexit’. Mr. Arun Jaitley asserted that the […]

Read More »

Government announces increased limits of FDI in key sectors

Government announces increased limits of FDI in key sectors

New Delhi Dated 23rd June (PTI): Government announces reforms in Foreign Direct Investment (FDI) in the key sectors of Defence, Aviation, Pharmaceuticals and Food Processing. The Prime Minister. Mr.Narendra Modi has expressed confidence,that with this decision the Indian market wouldopen up for FDI, and that in turn would boost the employment generation opportunities in the country. […]

Read More »

India: Government & private sector partnership for defense equipment production

India: Government & private sector partnership for defense equipment production

New Delhi, dt. 12 (PTI) – Serious efforts are being taken for the indigenization of defense equipment manufacturing. Considering the limitations of the Government mechanism and the opportunity for business growth, Central Government is stressing to have defense related equipment manufactured in India, by formalizing a Government & Private sector partnership. Consequently Defense Minister Manohar […]

Read More »

India-Russia 5th generation fighter-jet deal to take off soon

New Delhi-Dt.29(Newsagency)-India and Russia have agreed on a Research and Development deal of fifth generation fighter jets and this project will soon see the light of day. In an interview with a daily, the Defence Minister Manohar Parrikar confirmed that the project would soon be on its way.  The cost of this research and development […]

Read More »

India checkmates China and Pakistan with Chabahar port project in Iran

India checkmates China and Pakistan with Chabahar port project in Iran

New Delhi, 24th May 2016  By signing to develop Chabahar Port project in Iran, India has given a strong blow to China and Pakistan, claims international media. Saying that, Prime Minister Shri Narendra Modi’s Iran visit has been phenomenally successful, the media noted, that through the development of the Chabahar Port, India will gain a great […]

Read More »

India-Oman signs four important defence MoUs

India-Oman signs four important defence MoUs

New Delhi, 23rd May, 2016-India signed four defence MOUs with Oman as defence minister Manohar Parrikar concluded his three-day tour to Oman – a strategically important gulf country for India. Defence Minister Manohar Parrikar visited Oman between 20- 24th May. Bilateral talks were held between defence ministers of the two countries Manohar Parrikar of India […]

Read More »

India imposes ban on Chinese products

India imposes ban on Chinese products

New Delhi, 26 May (PTI): India to impose ban on imports of milk, dairy products and non-IMEI numbered mobile phones from China declared Union Minister of Commerce Nirmala Sitharaman. She further stated that this ban was due to the substandard quality of these Chinese products .As per the World Trade Organisation regulations ban cannot be […]

Read More »