Prime Minister Narendra Modi laid the foundation stone of the 600 MW Kholongchu Hydro- electric project, a joint venture between India and Bhutan.
Colombia's incumbent President Juan Manuel Santos won a second four-year term in the presidential election.
- Rising prices of food and beverages like coffee, tea, poultry, fish and vegetables pushed up inflation to 5-month high of 6.01% in May.
- Seeking to push further the relationship with Bhutan, India today announced a number of measures and concessions including the exemption of Bhutan from any ban on export of milk powder, wheat, edible oil, pulses and non-basmati rice.
- Technopark, the first and the largest IT park in the country, has charted out an ambitious target of creating 45,000 new jobs during 2014-16, as part of its efforts to emerge as India's IT powerhouse.
- Shaktikanta Das, IAS has taken over the charge as Secretary, Department of Revenue, Ministry of Finance.
- India's Aynonika Paul clinched her maiden international medal as a senior shooter by settling for a bronze in the 10m air rifle event of the ISSF World Cup in Maribor, Slovenia.
- The Reserve Bank of India's recent guidelines on liquidity risk management is credit positive for banks, global rating agency Moody's said in a report.
- Sananda Marandi, BJD MLA from Baripada, was formally elected as the Deputy Speaker of Odisha Assembly.
Who is Kamala Harris?
Kamala Harris is California's Attorney General.
appointed as the Attorney General of California after the 2010 California state
elections, Harris has also worked as an author and a politician and served as
District Attorney of San Francisco from 2004 to 2011. She was elected for this
post by defeating two term incumbent Terence Hallinan and was re-elected when
she ran unopposed in 2007.
India's $15 bn deal to buy 126 Rafale jets from Dassault
Aviation may be delayed: Govt sources
India's planned deal to buy 126 fighter-jets from Dassault
Aviation could be delayed as the two sides struggle to reach an agreement over
the role of state-run Hindustan Aeronautics Ltd (HAL), a defence ministry
source said.
India picked the Dassault-made Rafale jet for exclusive negotiations in January 2012 after a hotly contested bidding war with rival manufacturers, but it is still to finalise the $15 billion deal, one of the world's largest defence import orders.
Under the initial terms of the proposed deal, Dassault was expected to provide 18 fighters in "fly-away" condition, and then let HAL manufacture the rest in India.
However, Dassault now wants two separate contracts to be signed -- one for the ready-made ones, and another for the rest to be built by HAL, but India opposes that proposal, the defence ministry source, who is familiar with the developments, told Reuters.
"Dassault says HAL does not have the capacity and capability to assemble the aircraft," said the source, who declined to be identified because he is not authorised to speak to the media.
"HAL is our main public sector partner. And if needed, capacity and capabilities can be improved. But the proposal for two contracts is not agreeable to the government of India," he said.
The source said the dispute would likely delay finalising the deal but not derail it. Indian defence ministry officials had earlier expressed the hope that the deal could be finalised by July.
An India-based spokeswoman for Dassault did not immediately respond to an email seeking comment.
Dassault has agreed to supply manufacturing kits and equipment to HAL on time, but will not play a further role in manufacturing after that, the Indian Express newspaper said.
Negotiations between the company and the Indian government have completely stopped over the disagreement, the paper reported, without identifying its sources.
A Defence Ministry spokesman did not have any immediate comment.
Dassault has previously expressed doubts about the technological capability of HAL to manufacture such a sophisticated fighter jet. A HAL programme to manufacture advanced jet trainers is running years behind schedule.
Rafale defeated the Eurofighter Typhoon to win the Indian government deal. The Typhoon is developed by a consortium of BAE Systems, Finmeccanica and EADS.
India picked the Dassault-made Rafale jet for exclusive negotiations in January 2012 after a hotly contested bidding war with rival manufacturers, but it is still to finalise the $15 billion deal, one of the world's largest defence import orders.
Under the initial terms of the proposed deal, Dassault was expected to provide 18 fighters in "fly-away" condition, and then let HAL manufacture the rest in India.
However, Dassault now wants two separate contracts to be signed -- one for the ready-made ones, and another for the rest to be built by HAL, but India opposes that proposal, the defence ministry source, who is familiar with the developments, told Reuters.
"Dassault says HAL does not have the capacity and capability to assemble the aircraft," said the source, who declined to be identified because he is not authorised to speak to the media.
"HAL is our main public sector partner. And if needed, capacity and capabilities can be improved. But the proposal for two contracts is not agreeable to the government of India," he said.
The source said the dispute would likely delay finalising the deal but not derail it. Indian defence ministry officials had earlier expressed the hope that the deal could be finalised by July.
An India-based spokeswoman for Dassault did not immediately respond to an email seeking comment.
Dassault has agreed to supply manufacturing kits and equipment to HAL on time, but will not play a further role in manufacturing after that, the Indian Express newspaper said.
Negotiations between the company and the Indian government have completely stopped over the disagreement, the paper reported, without identifying its sources.
A Defence Ministry spokesman did not have any immediate comment.
Dassault has previously expressed doubts about the technological capability of HAL to manufacture such a sophisticated fighter jet. A HAL programme to manufacture advanced jet trainers is running years behind schedule.
Rafale defeated the Eurofighter Typhoon to win the Indian government deal. The Typhoon is developed by a consortium of BAE Systems, Finmeccanica and EADS.
Pope Francis honors John Paul II before installation
Pope Francis was formally installed as bishop of Rome on
Sunday in a ceremony characterized by more simplicity than the usual ritual and
pomp enjoyed by papal predecessors taking up their pastoral duties.
In yet another sign that Francis sees his mission as pontiff
as one of humble service, he used his arrival at St. John in Lateran Basilica
to honor a past pope who remains wildly popular in Rome. Francis arrived a
half-hour early to bless a plaque renaming a corner of the piazza outside the
church after Pope John Paul II, who died in 2005.
South Korea expects the North to launch a missile this week.
Seoul says it's on military readiness posture and has hit out at Pyongyang's
scare tactics. Meanwhile, the US is trying to calm tensions by delaying its own
missile test.
South Korea expects North Korea to launch missile test this
week
South Korea expects the North to launch a missile this week.
Seoul says it's on military readiness posture and has hit out at Pyongyang's
scare tactics. Meanwhile, the US is trying to calm tensions by delaying its own
missile test.
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