Skip to content
Search

Latest Stories

Indian Air Force gets its first Rafale fighter jet from France

THE Indian Air Force on Tuesday (8) received its first Rafale fighter jet from a series of 36 aircraft purchased from France in presence of Defense Minister Rajnath Singh in Merignac.

Singh attended the handover ceremony of the first Rafale fighter jet acquired by the IAF along with his French counterpart Florence Parly at aircraft maker Dassault Aviation facility in Merignac, southwestern France.


"Rafale will boost India's air dominance exponentially," Singh said after receiving the aircraft.

Singh, who earlier held wide-ranging talks with French president Emmanuel Macron in Paris, said his visit was aimed at "expanding the strategic partnership" between India and France.

Arrangements have also been made for a traditional Indian Shastra Puja, or weapons' worship which forms part of Dussehra celebrations and this year also marks Air Force Day - IAF's 87th anniversary.

Singh is scheduled to fly a sortie in the Rafale jet following the Shastra Puja, which will conclude with the traditional breaking of a coconut before the new aircraft.

India had ordered 36 Rafale fighter jets from France in a deal worth Rs 590 billion in September 2016.

The first batch of four Rafale jets will fly to their home base in India by May 2020.

All 36 jets are expected to arrive in India by September 2022, for which the IAF has been reportedly undertaking preparations, including readying required infrastructure and training of pilots.

The Rafale is a twin-jet fighter aircraft able to operate from both an aircraft carrier and a shore base.

The manufacturers describe it as a fully versatile aircraft which can carry out all combat aviation missions to achieve air superiority and air defence, close air support, in-depth strikes, reconnaissance, anti-ship strikes and nuclear deterrence.

(PTI)

More For You

Shein-Reuters

Shein had aimed to go public in London in the first half of this year, subject to regulatory approvals in the UK and China. (Photo: Reuters)

Shein cuts valuation to £40 billion for London listing

SHEIN is preparing to lower its valuation to around £40 billion for a potential initial public offering (IPO) in London, according to three Reuters sources familiar with the matter.

This is nearly 25 per cent lower than the company's 2023 fundraising valuation as it faces increasing challenges.

Keep ReadingShow less
Northern-Superchargers-Getty

Ben Stokes and Matthew Short of Northern Superchargers walk out to bat during The Hundred match between Manchester Originals and Northern Superchargers on August 11, 2024 in Manchester, England. (Photo: Getty Images)

Sunrisers Hyderabad to acquire Northern Superchargers in £100 million deal

INDIAN Premier League franchise Sunrisers Hyderabad is set to become the first full owners of an English Hundred team after agreeing to buy Yorkshire’s Northern Superchargers for a reported £100 million.

The Sun Group will be the third IPL-linked investor in the eight-team Hundred competition, following Reliance Industries, which owns Mumbai Indians, and RPSG, which runs Lucknow Super Giants.

Keep ReadingShow less
BT-Getty

A view of the British Telecom (BT) headquarters in central London. (Photo: Getty Images)

BT to remove diversity targets from manager bonuses

BT will remove diversity, equity, and inclusion (DEI) targets from its manager bonus scheme, replacing them with a measure of overall employee engagement.

The change, set to take effect in April, follows consultation with major investors and has received “strong support,” according to the company, The Telegraph reported.

Keep ReadingShow less
India's central bank cuts interest rates for first time since 2020

The central bank announced a 25-basis-point cut in the benchmark repo rate to 6.25 per cent, the rate at which it lends to commercial banks.. (Photo credit: Reuters)

India's central bank cuts interest rates for first time since 2020

THE RESERVE BANK OF INDIA (RBI) reduced interest rates on Friday for the first time in nearly five years, citing concerns over economic growth despite inflation risks.

The central bank announced a 25-basis-point cut in the benchmark repo rate to 6.25 per cent, the rate at which it lends to commercial banks.

Keep ReadingShow less
Sri Lanka seeks to negotiate with Adani over renewable energy plants

Gautam Adani

Sri Lanka seeks to negotiate with Adani over renewable energy plants

SRI LANKA’S government started talks with India’s Adani Group to lower the cost of power from two wind power projects the group will build in the island nation’s northern province, the cabinet spokesman said last Tuesday (28).

Sri Lanka has been reviewing the group’s local projects after US authorities in November accused billionaire founder Gautam Adani and other executives of being part of a scheme to pay bribes to secure Indian power supply contracts. Adani has denied the allegations.

Keep ReadingShow less