New Delhi: India recently approved two significant defense agreements. One involves the purchase of 114 Rafale jets. The second deal clears the purchase of six P-8 Poseidon (P-8I) surveillance ...
Project-76 (P-76) is aimed at developing six indigenous air independent propulsion (AIP) fitted conventional submarines (SSKs), an endeavor that represents India’s naval technological leapfrogging.
S&P Global, the US-based credit ratings agency, has upgraded India’s rating to ‘BBB’ from ‘BBB-) citing several positive factors in favour of the world’s fifth largest economy. S&P’s confidence in ...