Airbus Helicopters and Small Industries Development Bank of India (SIDBI) have signed a Memorandum of Understanding (MoU) for financing the purchase of Airbus’ helicopters in India. The move is expected to boost the helicopter market especially in verticals of health and tourism as Airbus sources stated that though there is a potential in India it’s facing resource crunch.The MoU will allow both

New Delhi: External Affairs Minister S Jaishankar on Monday said that due to the interest and initiative of Iranian President Ebrahim Raisi and Foreign Minister Hossein Amir-Abdollahian, "we were actually able to finalise a long-term agreement" on the crucial Chabahar port.Raisi, Abdollahian and a number of other officials were found dead on Monday, a day after their helicopter crashed in

New Delhi: Samajwadi Party’s Rajya Sabha MP Kapil Sibal on Monday said the abrogation of Article 370 was a “political decision” and there was no need for it as 99 per cent of the laws of India were already operational in Kashmir.Sibal also said that he does not see assembly elections being held in Kashmir unless the results on June 4 are different, an apparent reference to the possibility of

New Delhi: External Affairs Minister (EAM) S Jaishankar said on Monday that the Quad alliance is working towards realising its shared vision of a secure and prosperous Indo-Pacific and delivering in the field of clean energy, disaster relief and health security.The EAM also mentioned that the next Quad summit would continue to build on their achievements."Whether it’s delivering clean energy

Colombo: Hailing the ‘excellent’ relationship between Colombo and New Delhi, Sri Lanka Foreign Minister Ali Sabry said that India is marching towards economic glory, which is not only good for the region but also for countries like Sri Lanka.He said Sri Lanka is also looking at a lot of investment in ports, renewable energy, and other infrastructure, which makes it a win-win situation for

In the midst of heightened tensions between an assertive China and the Philippines, Manila has been reached by three Indian warships as part of the ongoing long-range deployment to the South China Sea, aimed at bolstering maritime partnerships with friendly nations.Docked at Manila on Sunday after similar goodwill visits to Singapore, Malaysia, and Vietnam in the region, the guided-missile