International Business

Armed forces need modernisation: Antony

Taking charge as the defence minister for the second time, AK Antony on Monday laid out the roadmap for India’s armed forces — modernisation and transparency. Antony’s very first day in office was marked by India receiving the state-of-the-art AWACS (Airborne Warning and Control System) platform from Israel. The Indian Air Force (IAF) is slated to get two more AWACS platforms, which is miles ahead of ground-based radars in detecting incoming missiles, enemy aircraft and monitor troop movement. - IAF likely to get first Israeli Phalcon radar in May - Army left with 41% of allocated funds - Bengal government tries again to get back Maidan land - Pak-Taliban peace deal worrisome for India: Antony - "India, US negotiating end-user verification pact" - EADS flying the LCA into Indian market During the course of the day, Antony met Defence Secretary Vijay Singh and the chiefs of the three services, as well as senior Ministry of Defence (MoD) officials and held a series of high-level meetings, said MoD spokesperson Sitanshu Kar. Earlier, speaking to reporters at South Block, Antony zeroed in on “coastal security and infrastructure development in the country’s North-East and other border areas” as major challenges. He said: “Developments around us is a cause of serious concern. So, eternal vigilance is a must.” When questioned if India sees China as its “biggest threat,” Antony said: “India wants to maintain friendly relations with all its neighbours. Not only maintain, but to improve our relations with China and all neighbours.”


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

News of the day
M&M Fin net profit jumps 111%
Mahindra & Mahindra Financial Services has reported a 111 per cent increase in its consolidated net profit to Rs 97 crore for the quarter ended December 2009 compared with Rs 46 crore in the same period last year. Total income of the non-banking financial company grew by 13 per cent to Rs 409 crore during the reporting period.
Popular Articles
fast payday loans

SC restrains UP govt from action against Kotak Mahindra Bank
The Supreme Court has restrained the Uttar Pradesh government and others from initiating recovery proceedings against Kotak Mahindra Bank in a matter related to trading of debts by banks.

Glenmark Pharma Q2 net dips 31% to Rs 81 cr
Drug maker Glenmark Pharmaceuticals today reported 31 per cent drop in its consolidated net profit at Rs 80.88 crore for the second quarter ended September 2009.