Despite the challenges of Brexit and the COVID-19 pandemic, the number of Indian companies operating in the UK and their job creation numbers have increased over the past year, according to the “India Meets Britain Tracker,” which was published on Thursday.
The Indian Air Force (IAF) on Wednesday said the fifth batch of the Rafale aircraft arrived in India after flying a distance of almost 8,000 km from France. The IAF did not disclose the number of aircraft that landed in India but people familiar with the development said four jets were part of the new batch.
India’s Chief of Army Staff Gen. MM Naravane held out the assurance at a meeting with Afghan Ambassador Farid Mamundzay on Wednesday.
The first of the 24 MH-60 ‘Romeo’ anti-submarine helicopters, meant for the Indian Navy, has taken to the sky in New York for flight trials and is likely to arrive in India by the end of July. The aircraft is part of the 24 ordered by the Narendra Modi government last year from the US under a nearly USD 2.4 crore deal.
Hero MotoCorp has formed a partnership with Taiwan’s Gogoro Inc to develop electric vehicles for the Indian market. The two companies will establish a battery swapping joint venture to bring Gogoro’s battery swapping platform to India and will collaborate on EV development to bring Hero-branded, powered-by-Gogoro Network vehicles to the domestic auto market.
For the first time in the post-pandemic period, India reached the top of Mint’s emerging markets tracker in March, the latest data shows. Strong manufacturing momentum, healthy export growth, and buoyant stock markets pushed up India’s rankings in the league table that tracks 10 large emerging markets across seven key parameters each month.
India has been elected by acclamation to three bodies of the UN Economic and Social Council.
The EU and India are in talks to build joint infrastructure projects around the world in the latest attempt to compete with China’s Belt and Road Initiative.
The second squadron of the fighter jet, named 101 Squadron, will be based in West Bengal’s Hasimara and will take care of the crucial borders with China in the East. The Hasimara air base is also known as the Wing 16 or the ‘Lethal 16’.
India has consistently maintained trade surplus in the agricultural products over the years. India’s agricultural and allied exports during 2019-20 were Rs. 2.52 lakh Crores and imports were Rs. 1.47 lakh Crores. Even, during the difficult time of Pandemic, India took care not to disturb the world food supply chain and continued to export. The export of Agri and allied commodities during Apr,2020 – Feb,2021 were Rs. 2.74 lakhCrore as compared to Rs. 2.31 Crore in the same period last year indicating an increase of 18.49%.
