Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
India and Japan on Wednesday agreed to diversify their defence cooperation in new and emerging domains like space and cyber as part of an aim to consolidate the overall strategic engagement. The decision to further expand defence ties was taken at the seventh edition of India-Japan Defence Policy Dialogue that took place in Delhi. In the talks, the Indian side invited Japanese defence industries to look at investment opportunities in India under the 'Make in India' initiative. The defence dialogue took place over two weeks after Japanese Prime Minister Fumio Kishida visited India during which he put the country as an "indispensable partner" of Japan to achieve the ambitious goal of peace, prosperity and stability in the Indo-Pacific region. The dialogue was co-chaired by Defence Secretary Giridhar Aramane and Japan's Vice Minister of Defence for International Affairs Oka Masami. "A wide range of issues, including service-level exercises and engagements, regional security issues an
India's private defence firms had last campaigned for ERV protection after being bruised by the rupee's fall from Rs 44 a dollar in October 2010 to below Rs 56 just a few months later
The Defence Research and Development Organisation on Friday successfully conducted a flight test of Solid Fuel Ducted Ramjet (SFDR) technology in Odisha, official sources said. The test was carried out at around 10.30 am from the integrated test range (ITR) launch platform at Chandipur, they said. The successful demonstration of the SFDR technology will enable DRDO to develop long-range air to air missiles, the sources said. During the test, all subsystems including the ground booster motor have performed as expected, they added.
The first outcome of these five summits is likely to be a gradual, growing mutual respect between two strong leaders who are strong not just in personality but in action too
Many indices are also trading above their long-term average valuations