Rafael Deal

Ukraine signed a letter of intent to buy up to 100 Rafale warplanes from France, the Ukrainian Embassy and the French president's office said. Ukrainian President Volodymyr Zelenskyy and French President Emmanuel Macron signed the document on Monday stating that Ukraine is considering the possibility of buying French defence equipment, including Rafale jet fighters, Macron's office said. It did not provide further details. Zelenskyy is on his ninth visit to Paris since Russia's full-scale invasion in February 2022. His talks are meant to strengthen Ukraine's defences as the country enters another winter under Russian bombardment of its energy infrastructure and other targets.

Findings say China's foreign embassies led a charge to undermine Rafale sales, seeking to persuade countries that have already ordered the French-made jets

Agreement includes transfer of technology for integrating indigenous weapons onto the Rafale-Marine jets and setting up a facility to manufacture their fuselage in India

Earlier, the French Defence Minister was scheduled to attend the signing in person but had to cancel his visit due to personal reasons

The negotiations on cost and techno-commercial details relating to India's proposed procurement of 26 Rafale-M fighter jets and three Scorpene submarines from France are not yet concluded, sources said on Tuesday. India's state-run ship-builder Mazagon Dock Limited (MDL) and French defence major Naval Group firmed up a framework agreement on July 6 for the Scorpene submarine project but negotiations on price and other technical details are yet to be firmed up, they said. On the procurement of the Rafale-M, the naval variant of the jet, the sources said the deal will be sealed once the techno-commercial negotiations are concluded. Expansion of overall India-France defence cooperation, especially to co-develop and co-produce key military platforms, was one of the outcomes of talks between Prime Minister Minister Narendra Modi and French President Emmanuel Macron. On the decision by the two sides for co-development of a fighter aircraft engine by French defence major Safran in India,

Nearly three dozen Rafale-Marine fighters will be sold to Indian Navy for use on its locally manufactured aircraft carrier, INS Vikrant, according to senior officials familiar with developments

From Gautam Adani winning the race for Ambuja Cement to Sebi forming expert panel on FPIs, here are the top headlines on Monday

Once the enhancements are approved and accepted by the IAF, the upgrade is planned to be started from January next year onwards

BJP spokesperson Sambit Patra launched a scathing attack on Rahul Gandhi, who has consistently alleged corruption in the purchase of the fighter aircraft by the Modi government

Here are the best of Business Standard's opinion pieces for Monday

The Congress questioned the Modi government over the revelations made by a French news portal in the Rafale deal alleging there was corruption and loss to public exchequer of at least Rs 21,075 crore

The BJP dismissed as "completely baseless" the allegations of corruption in the Rafale deal, stressing that the Supreme Court had rejected a demand for a probe in the purchase of the fighter aircraft

The five French Rafale fighter jets touched down at Haryana's Ambala today. Stay tuned for latest news live updates

Ravi Shankar Prasad lashes out at Opposition party after top court refuses CBI probe of Rafale deal.

83-year-old Dharam Singh, the eldest in the village, has no idea why the village is called Rafel and what it means.