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Avg cost offered by US for MQ-9B drones 27% less for India: Report

A senior government functionary claimed on Thursday that the average estimated cost of MQ-9B long endurance drones for India would be 27 per cent lower than the price incurred by other countries which have bought it from the US, asserting that it will most likely go further down during negotiations unless India seeks additional features. He also categorically underlined that so far negotiations on the pricing issue have not begun as the latest official development towards the proposed acquisition of 31 of these drones has been the "acceptance of necessity" accorded by the Defence Acquisition Council, which happened on June 15. The pricing issue is not part of this, he added. The indicative cost of the drones made by the US government is USD 3,072 million. This works out to be USD 99 million for each drone, he said, adding that it cost the UAE, one of the few countries to have it, USD 161 million a piece. The MQ-9B India is looking to acquire is comparable with the UAE's but with a .

US, India to work closely to deepen ties after PM Modi's visit: Official

Prime Minister Narendra Modi's maiden state visit to the US was "very successful" and the Biden administration will continue to work closely with partners in India to deepen and strengthen this "very important" bilateral relationship, a senior American official has said. Prime Minister Modi visited the US from June 20-24 at the invitation of US President Joe Biden and First Lady Jill Biden. The high-profile visit was marked by several major deals to boost cooperation in key areas like defence, space and trade. Modi was accorded a red-carpet welcome at the White House by President Biden. The two leaders held a historic summit on June 22, followed by Modi's address to the Congress and a state dinner hosted at the White House by the Bidens in his honour. "This is not about just a moment in time. What this is about is steps and efforts to deepen and strengthen our relationship and our partnership with India. And we believe that last week's visit was very successful," Vedant Patel, the

Explained: Is greedflaition for real? Here's all you need to know

Recently, there has been an increasing consensus in Europe and US that Greedflation is driving the rising cost of living rather than just inflation, but what is this phenomenon

Sapne sakar karna: US ambassador on realising potential of Indo-US ties

India and the US can work jointly in resisting "coercion" and deploy ships and air forces together in the Indo-Pacific to ensure freedom of the skies and the seas, US Ambassador Eric Garcetti said on Wednesday, explaining how the two largest democracies have the power to build a more peaceful world. In an address at an event in IIT-Delhi, the envoy said the two countries are poised to further deepen co-production of military equipment and cited the planned work in aero-engines, artillery and ground vehicles as just a few examples. Touching on the issues relating to human rights, Garcetti said the US will continue to engage with India on it "as we have always done, and as we do in all countries around the world." He also quoted Mahatma Gandhi: "Our ability to reach unity in diversity will be the beauty and test of our civilization." The US ambassador said India and the US together can build a bulwark against the "might makes right" mentality, in comments seen as an oblique reference

CWC Qualifier Day 9: The Logan van Beek show powered by Teja Nidamanuru

Logan van Beek was at his scintillating best, performing with the bat and the ball for the Netherlands who beat West Indies in a super-over thriller. In another game, Zimbabwe thrashed Windies by 304

No subpoena received from the US authorities, clarifies Adani Group

In a late evening statement, the group said it is routine that various regulators seek access to public material in an easy and referenceable manner

Billionaire James Crown dies in racetrack accident in Colorado at age 70

He was also the longest-serving board member of JPMorgan Chase & Co., having been a director for the bank or its predecessor firms going back to 1991

CWC Qualifier Day 9 preview: Zimbabwe eye streak, Windies win against NED

Zimbabwe stand on the verge of creating their longest winning streak in ODIs in 21st century. West Indies eye win in their last group game to have a stronger chance of reaching the 2023 ODI World C

PM leaves for India after concluding historic state visits to US, Egypt

Prime Minister Narendra Modi on Sunday left for India after concluding his first-ever visit to Egypt where he held talks with President Abdel Fattah El-Sisi and was conferred with the Arab country's highest honour 'Order of the Nile'. Modi, who arrived here on Saturday after concluding a high-profile state visit to the US at the invitation of President Joe Biden, was received at the airport by Egyptian Prime Minister Mostafa Madbouly. "My visit to Egypt was a historic one. It will add renewed vigour to India-Egypt relations and will benefit the people of our nations. I thank President @AlsisiOfficial, the Government and the people of Egypt for their affection," Modi tweeted. His two-day state visit to Egypt at the invitation of President Abdel Fattah El-Sisi is also the first bilateral visit by an Indian prime minister since 1997. Modi held talks with President El-Sisi on Sunday and discussed ways to further strengthen the strategic partnership between the two countries with a focu

PM Modi's visit will open bold new chapter in US-India relations: Garcetti

US Ambassador to India Eric Garcetti has said the maiden state visit of Prime Minister Narendra Modi to Washington will go down in history as the starting of a "bold new chapter" in US-India strategic relations. Prime Minister Modi concluded a high-profile state visit to the US on Friday after he held talks with President Joe Biden at the White House on Thursday. The two countries took a giant leap in their strategic partnership as both leaders hailed the landmark pact to jointly produce jet engines in India to power military aircraft and a deal to purchase armed drones from the US to bolster India's national security. Modi and Biden also lauded the growing relations between India and the US with the President saying it was among the "most consequential" in the world that is stronger, closer and more dynamic than at any time in history. "I think this visit will go down in history as the turning of a page and the starting of a bold new chapter in America and India relations. It's the

We dance to beats of Diljit, do Yoga to stay fit, says Antony Blinken

US State Department with Vice President Kamala Harris hosted Prime Minister Narendra Modi at a luncheon, where US Secretary of State Antony Blinken highlighted how India is part of their daily lives

India, US working with renewed trust in areas of new tech: PM Modi

India and the US are working with renewed trust in areas of new and emerging technologies, Prime Minister Narendra Modi said on Friday as he thanked the American leadership for giving him a grand welcome. Speaking at a luncheon hosted in his honour by US Vice President Kamala Harris at the White House, Modi said the two countries have added and expanded the scope of the cooperation in the defence and strategic areas. "We are working with renewed trust in areas of new and emerging technologies. We are resolving long pending and difficult issues in training," he said. He lauded Indian-origin Vice President Harris and her parents, saying Your contribution to strengthening our strategic partnership has been incredible. "Thank you so much for this grand welcome. The sweet melody of the India-US relationship is composed of our people-to-people relations," Modi said at the event also co-hosted by Secretary of State Antony Blinken.

Combination of tech, talent will guarantee bright future: PM meets CEOs

Prime Minister Narendra Modi said on Friday that the combination of technology and talent will be a guarantee for a bright future for the world. Modi made the remark at the India-US Hi-Tech handshake event organised at the White House and attended by US President Joe Biden and CEOs of top Indian and American companies. "This morning (meeting) is only among a few friends but has brought with it the guarantee of a bright future," he said as President Biden nodded. Modi, who is on a state visit to the US, also stressed that there is a great opportunity for everyone to take along Biden's vision and capabilities and India's aspirations and possibilities. The Indian prime minister referred to the event as "honhaar, shandaar, dhardaar" in Hindi and also thanked the US president for his presence. Modi further said that representatives of the business community have come from every sector -- from agriculture to space -- with some of them representing well-established firms while some other

US Vice Prez Kamala Harris hosts luncheon for Prime Minister Narendra Modi

US Vice President Kamala Harris and Secretary of State Antony Blinken on Friday hosted a luncheon for Prime Minister Narendra Modi at the State Department. Prime Minister Modi is currently in Washington on a state visit at the invitation of President Joe Biden. The two leaders held a historic summit on Thursday. Biden also held a state dinner for the Indian leader on Thursday. Modi also became the first Indian leader to address the joint session of the US Congress twice on Thursday. He first addressed a joint meeting of the US Congress in 2016. "The US-India partnership is stronger than ever. Together, our nations will shape the future as we work to create a more prosperous, secure, and healthy world," Harris' office tweeted on Thursday. "The partnership between the United States and India is one of the most important of the 21st century, and this visit will take our partnership to the next level from space to defence, to emerging technology and supply chains," it said. Prime ...

Indo-US joint statement reduces Pak to promoter of terrorism: Imran Khan

Pakistan's former prime minister Imran Khan on Friday said that the joint statement issued by India and the US during the ongoing state visit of Prime Minister Narendra Modi to America has reduced the country to a "promoter of cross-border terrorism in India and nothing more". In their joint statement following one-on-one meetings and delegation-level talks on Thursday, Prime Minister Modi and US President Joe Biden called on Pakistan to punish perpetrators of the 26/11 Mumbai and Pathankot attacks. Later, Prime Minister Modi in his address to the Joint Meeting of the US Congress said there can be "no ifs or buts" in dealing with terrorism and sought action against state sponsors of terrorism, in a veiled attack on Pakistan. He said that more than two decades after 9/11 and more than a decade after 26/11 in Mumbai, radicalism and terrorism still remain a pressing danger for the whole world.

President Biden will not 'lecture' PM Modi on human rights: US NSA Sullivan

President Joe Biden is likely to raise US concerns about human rights during his talks with Prime Minister Narendra Modi but he will not "lecture" the Indian leader on the issue, a top American official said on Wednesday. Prime Minister Modi will hold high-level talks with President Biden on Thursday during which the two leaders would discuss a wide range of issues of mutual and global interests. White House National Security Adviser Jake Sullivan on Wednesday indicated that President Biden would raise his concerns on human rights with Modi. "We do so publicly. We do so privately. We do so in a way where we don't seek to lecture or assert that we don't have challenges ourselves....And that will be the nature of the conversations that take place here over the course of the next couple of days," he was quoted as saying by the US media. On Wednesday, a senior State Department official said the US has had at every level, including the highest levels, frank and constructive discussions

Apple illegally interrogated staff about union, rules US labour board judge

The judge wrote that Apple should be required to "cease and desist" from coercively interrogating workers about their legally protected labor activism

PM Modi led UN Yoga Day celebration makes to Guinness World Record book

PM Narendra Modi led 9th International Yoga Day celebrations created a new world record for the participation of people of most nationalities in a Yoga lesson

Global chip race touches off spending spree, led by Intel's $50 bn campaign

Combined, the US, the European Union, Japan and India have committed more than $100 billion in subsidies to attract the likes of Intel, Taiwan Semiconductor Manufacturing Co. and Micron Technology Inc

CWC Qualifier Day 3 Report: ZIM win courtesy 'Razball', Nepal thanks to KC

Commentators coined the term 'Razball' after Sikandar Raza hit a 54-ball 100 and took 4/55 to win the second game for Zimbabwe in CWC Qualifier. Karan KC did the job for Nepal against the USA