India, Russia sign 7 defence deals

Chennai: Russian company JSC AGAT has inked 7 agreements with India promising after-sale support and modernisation for the Fregat radar installed on Indian naval ships.

Defence major Thales targets threefold rise in revenue from India

Chennai: Thales, which has joint ventures with Indian companies like Bharat Electronics (BEL), Reliance, and Larsen & Toubro and others is targeting to increase its annual reve...

Cement, steel push core sector growth to 5.3% in February

New Delhi: The output of eight core sectors of Indian economy increased 5.3 per cent year-on-year in February 2018 on the back of high growth in cement and steel production.

India fastest growing mkt for UAVs; to touch US$ 886 mn by 2021

New Delhi: India is one of the fastest growing Unmanned Aerial Vehicles (UAVs) market and is expected to touch US$ 885.7 million by 2021, according to a report by BIS Research.

Government approves Plastic Park to be set up in Deoghar District, Jharkhand

New Delhi: Government of India has approved setting up of a Rs 120 crore (US$ 18.41 million) Plastic Park in Deoghar, Jharkhand, which will manufacture a range of polymer products....

IIP rises to 7.5% in Jan, retail inflation eases to 4-month low of 4.4%

New Delhi: India's Index of Industrial Production (IIP) rose 7.5 per cent year-on-year in January 2018, indicating the rising momentum of economic activity in the country; reta...

Govt to constitute group for changes in SEZ policy

New Delhi: The Central Government is in the process of constituting a group to study changes required in India's SEZ policy, according to Mr Suresh Prabhu, Minister of Commerce...

DefExpo 2018 - showcasing 'India: The emerging Defence manufacturing Hub'

New Delhi: DefExpo 2018, which is being held on Indian sea-shore is set to showcase the various defence systems and component exports from India to the world and highlight the stre...