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People #39;misinformed#39; about offset aspect of Rafale deal: Air Force deputy chief

Nambiar, who test flew the Rafale jet in France last week, said the commercial negotiations were headed by the then Deputy Chief of Air Staff and he was responsible for completing the negotiations that continued for 14 months. Continue reading

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Rafale deal: Union Minister Prakash Javadekar hits back at Rahul#39;s #39;chor#39; jibe

The HRD minister claimed the previous United Progressive Alliance (UPA) dispensation had stopped the Rafale deal midway for a review in 2012 as it wanted to “bring in” Robert Vadra#39;s close aide Sanjay Bhandari. Continue reading

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ADB board okays $500 million loan for climate resilient infrastructure development in Tamil Nadu

The Manila-headquartered ADB said this funding will be in three tranches between now and March 2022. Continue reading

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Iran leaders sowing chaos, death and destruction: Donald Trump tells UN

Trump also said that he will continue to work with friends and allies to deny radical Islamic terrorists any funding, territory or support of any means of infiltrating the country#39;s borders. Continue reading

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Kerala CM seeks special grant of Rs 5000 crore for flood-ravaged state

The state has sought to hike the current debt limit of 3.5 percent of the Gross State Domestic Product (GSDP) to 4.5 percent for the current financial year. Continue reading

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Bank of Baroda board to meet on September 29 to consider merger proposal

Earlier this month, the government announced plans to merge Bank of Baroda, Vijaya Bank and Dena Bank to create the country#39;s third largest lender as part of efforts to revive credit and economic growth. Continue reading

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UN audience laughs as Donald Trump brags about administration#39;s accomplishments

“Didn#39;t expect that reaction but that#39;s okay,” Trump responded, as the delegates in the UNGA hall laughed and clapped. Continue reading

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Proceeds from Tata Steel deal to be used to repay debt: Usha Martin

The company also said that it is clarified that UML will use the entire consideration (net of transaction costs and taxes, if any received from this sale to discharge liabilities to lenders. Continue reading

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Two European cos keen to explore cow dung-based power in India

India already uses this to feed biomass generators, but biogas-based plants have not gained much momentum in the country as yet. Continue reading

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Gujarat to bring law to make 80% local hiring must for firms

The proposed law also will make it compulsory for industrialists to recruit 25 per cent of the required manpower from the area where they set up a new unit. Continue reading

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