Michel has been accused by the ED of receiving about Euro 30 million (about Rs 225 crore) from AgustaWestland to influence the deal in its favour.

The Sitharaman-led DAC has approved the procurement of the two regiments of Akash Missile Systems under 'Buy Indian' category from Bharat Dynamics Limited.

Mazagon Dock Shipbuilders, India's only shipyard to build both destroyer warships and conventional submarines for the Navy, is fully geared to meet the competition from the private sector, claim officials.

A closer look at the details of the GDP estimates shows that some worries remain and whether the 8 per cent plus can be maintained and bettered in the next several quarters will depend both on external factors as well as how well the government can manage its finances.

The figures mean India is the fastest growing economy in the world, and comes as a boost for Prime Minister Narendra Modi's government after demonetisation and GST had led to a slowdown in the economy.

In India, the drone policy presents a huge opportunity for both private and government sectors.

The use of drones by civilians is currently restricted by the Directorate General of Civilian Aviation.

Chanda Kochhar to be considered for director's post on ICICI Securities boardICICI Bank CEO and Managing Director Chanda Kochhar has suggested her name for a seat on the Board of Directors of ICICI Securities, the private lender's broking arm. The proposal will be up for consideration during the annual general meeting of ICICI Securities scheduled for August 30.Kochhar is facing scrutiny from several regulatory bodies as well as an internal probe initiated by the ICICI Bank over c...

The Sagarmala project has made huge progress in the last three years, but funding is a big constraint.

Appealing for donations from people across the country, Kerala CM Pinarayi Vijayan today said the road to recovery for the southern state is going to be a long one.

The deal to buy 36 Rafale fighter jets was signed when Prime Minister Narendra Modi visited France in April 2015. Congress President Rahul Gandhi has accused the government of changing the deal to benefit \"one businessman\".

Since there is no historical data on the market and demand from any airlines, the project will be done as a pilot project. The development would pave the way for operation of amphibian planes to enhance air connectivity.

Without the knowledge of the Ministry of Defence, the Central Board of Excise and Customs had published details, including unit prices, of all defence products like bolts, missiles, and nuclear reactor parts India imported between 2004 and 2016, on its website.

Needless to say the rapid changes at the top of Air India does not give any chairman enough time to make any substantive changes to the carrier.

The 2009 deal was for eight P-8I (Poseidon Eight India) aircraft. The first aircraft came to India in May 2013 and all the eight aircraft have been fully integrated into Indian Navy's operations.

The government is now reportedly mulling an option of blocking popular apps, including Facebook, WhatsApp and Instagram.

Imran Khan's priority will be to get the economy back on track.

The moment data leaves the country, it falls under various jurisdictions, which in many cases, are beyond our control. It is important to keep all the data here so that the laws of the land can be made applicable to them, says Paytm COO Kiran Vasireddy.

Rahul Gandhi while speaking in the Parliament during no-confidence motion had said that the Congress wanted to bring petrol and diesel under a single-rate GST. Currently, crude oil, natural gas, diesel, petrol and aviation turbine fuel are out of the new taxation system.

If the venture takes off, it will help the country build a strategic reserve of key minerals.