Friday 1 July 2016
 
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India

Jet Airways in talks with banks for $180m loan

Jet Airways, India's second-biggest airline by passengers, is talking to lenders about raising up to $180 million through a loan, banking sources said on Thursday. The airline, partly-owned by Abu Dhabi's Etihad Airways, l

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India to get over $1bn from World Bank for Modi's solar goals

The World Bank said on Thursday it would lend India more than $1 billion for its huge solar energy programme, after Prime Minister Narendra Modi sought climate change funds from its visiting head.   Modi is banki

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India clears deal to buy 145 BAE artillery guns

India's defence procurement agency has cleared a proposal to buy 145 M777 Ultra Lightweight Howitzer artillery guns from BAE Systems in a deal worth an estimated $750 million, a defence ministry source said on Saturday. Under

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India launches 20 satellites at one go

India successfully launched 20 satellites in a single mission on Wednesday, with most of them set to serve international customers as the South Asian country pursues a bigger share of the $300 billion global space industry. It was

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India unveils big FDI reforms

India announced on Monday sweeping reforms to rules on foreign direct investment, opening up its defence and civil aviation sectors to complete outside ownership and clearing the way for Apple to open stores in the country. The mo

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LG Electronics sells mosquito-repelling TV in India

The Indian arm of South Korea's LG Electronics Inc has begun selling a TV with a feature that it says repels mosquitoes, which can spread diseases such as malaria, Zika and dengue. The TV's "Mosquito Away Technology&q

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India monsoon to wash away diesel demand surge

India's monsoon is expected to dump above-average rainfall on the South Asian nation after two years of drought, cutting its use of diesel for irrigation pumps and generators over the third quarter and potentially rejuvenating exports of t

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India, world’s fastest growing airline market opens

After more than a decade of deliberations, India has finally unveiled an aviation policy to open up the world’s fastest growing major air-travel market, said a report. Prime Minister Narendra Modi’s government decided

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India, world’s fastest growing airline market, opens up

After more than a decade of deliberations, India has finally unveiled an aviation policy to open up the world’s fastest growing major air-travel market, said a report. Prime Minister Narendra Modi’s government decided

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India set to join missile control group

The members of the Missile Technology Control Regime, a key anti-proliferation grouping, have agreed to admit India, diplomats said, in a win for Prime Minister Narendra Modi as he meets President Barack Obama in Washington on Tuesday.

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