The Union Government radically liberalized the Foreign Direct Investment (FDI) regime today, with the objective of providing a major boost to employment and job creation in India.
Following support from US President Barack Obama earlier this month week, India’s entry into the 34-nation Missile Technology Control Regime (MTCR) is now all but certain, and officials here are drawing up plans to buy new weapons.
After virtually freezing all defense business with Italy, the Indian Ministry of Defence has begun exploring alternatives to meet its dire weaponry requirements.
India's Ministry of Defence has asked the Indian Air Force to modernize its aging Russian Pechora air defense systems by using only domestic defense companies.
India is seen to be warming up to US as Prime Minister Narendra Modi addressed the US Congress June 8 during his fourth visit after coming to power in May 2014.