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IAF to get 56 Airbus C-295 aircraft in a ₹20,000 crore deal

 2 years ago
source link: https://nextbigwhat.com/iaf-to-get-56-airbus-c-295-aircraft-in-a-%e2%82%b920000-crore-deal/
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IAF to get 56 Airbus C-295 aircraft in a ₹20,000 crore deal

  • September 24, 2021
a-tata-group-company-will-make-40-airbus-c-295-transport-aircraft-out-of-the-56-ordered-by-the-indian-air-force-390x293.jpg&nocache=1

The Defence Ministry on Friday inked a nearly Rs 20,000 crore contract with Airbus Defence and Space of Spain to procure 56 C-295 medium transport aircraft which will replace Avro-748 planes of the Indian Air Force.

Under the deal, 16 aircraft will be delivered in a flyaway condition by the Airbus Defence and Space within 48 months of signing the contract.

“All 56 aircraft will be installed with indigenous electronic warfare suite,” the ministry had said on September 8 after the procurement was cleared by the Cabinet Committee on Security.

[Via]

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Brace for higher LPG, petrol and diesel prices as crude oil prices rise to a 3-year high

  • September 24, 2021
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Petrol and diesel prices could increase once again after cooling down for a few weeks, as crude oil prices rose for the fourth consecutive day to touch a 3-year high.

India mostly imports Brent crude, so the record surge in its prices is very likely to have a direct impact on petrol and diesel prices in India.

Here’s how much crude oil, petrol and diesel prices have increased this year:ParticularsPrice as on Jan 1, 2021Price as on Sept 23, 2021ChangeCrude oil$51.

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Twitter appoints key officials in compliance with IT Rules: Govt to Delhi HC

  • September 24, 2021
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A months-long bitter standoff between the centre and Twitter officially came to an end with the government formally informing a high court on Friday that the microblogging platform had appointed a chief compliance officer, nodal officer and resident grievance officer for India in compliance with the new social media rules.

In an affidavit filed with the Delhi High Court, the government said that Twitter has made these appointments as its employees and not as “Contingent workers”, a term which had initially irked both high court and centre.

The court had given the company an earful over the use of the term ‘contingent’ and had given Twitter a last chance to comply with the rules.

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