HDFC Bank, ICICI Bank, Axis Bank allowed to provide financial services for defence procurement

Jul 07, 2022

New Delhi [India], July 7 : The government of India has allowed three private sector lenders - HDFC Bank, ICICI Bank and Axis Bank...

Defence ministry bifurcates capital procurement budget into domestic, foreign routes: Rajnath Singh

Aug 09, 2020

New Delhi [India], August 9 : The defence ministry has bifurcated the budget of capital procurement for 2020-21 into domestic and foreign capital procurement...

UK defence sector turns up in force at India's premier air show, Aero India

Feb 14, 2023

The UK delegation, which is led by Minister for Defence Procurement Alex Chalk, comprises representatives from Government, military, and the defence industry.

Centre extends emergency procurement powers of defence forces

Apr 05, 2023

With a majority of defence forces' tenders to buy weapon systems under emergency acquisition powers yet to be concluded, the Defence Ministry has extended...

Competitive bidding through open tender must be followed in defence procurement: Rajnath Singh

Apr 12, 2023

The rule of competitive bidding through open tender must be followed in the domain of defence procurement, said Defence Minister Rajnath Singh on Wednesday.

68 per cent of Union Budget will be invested in local procurement of defence products, says Rajnath Singh

Feb 01, 2022

New Delhi [India], February 1 : Union Defence Minister Rajnath Singh said that 68 per cent of the Union Budget will be invested in...