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The Rafale's long flight to India
Long after the streets emptied that chilly winter evening in December 1981, lights were burning on the fifth floor of Vayu Bhavan in the elite Operations Branch of the Indian Air Force. Worrying the brightest thinkers of IAF was a brash new arrival in the subcontinental skies. The US had just announced the sale of 40 F-16 fighters to Pakistan, giving the Pakistan Fiza'ya (as the Pakistan Air Force

NCDEX halts new guar future contracts

The National Commodity & Derivatives Exchange (NCDEX), India's second-largest commodity exchange, has postponed fresh launch of futures contracts in guar seed and gum. After the expiry of the last

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Air Force may get 126 Rafale fighter planes

The Rafale fighter aircraft built by France’s Dassault Aviation has emerged the lowest bidder in the contest to sell the Indian Air Force (IAF) 126 medium multi-role combat aircraft.

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HP poised to bag India Post`s IT contract

Global IT major HP is understood to be in the last leg of lapping up the largest of the eight contracts under the India Post IT modernisation programme. The deal is estimated to be in excess of Rs

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FMC brings spot exchanges partially under its supervision...
The Forward Markets Commission (FMC) has brought spot exchanges partially under its supervision through a periodic reporting system.

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Banks may get to hedge in commodity futures
In what could be a game-changing move, banks may be allowed to hedge their risks in the commodity futures market.

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