Monsoon Floods
Death toll in Uttarakhand crosses 150
Thousands stranded in parts of northern India awaited rescuers as floods caused by heavier-than-usual monsoon rains killed at least 150 people in worst-hit Uttarakhand. Full Article
REUTERS SHOWCASE
Asian Stocks Outlook
Asian stocks to lead the way to year's end, Fed seen pulling back - Reuters Poll. Full Article
Buy, Sell or Hold?
Confused while buying stocks? Get buy, sell or hold recommendations from VantageTrade. Full Coverage
Reuters India Mobile
Get the latest news on the go. Visit Reuters India on your mobile device. Full Coverage
Rafale deal "highest priority" in India FY14 budget: air force chief
A Dassault Rafale combat aircraft, which has been selected by the Indian Air Force for purchase, performs during the inauguration ceremony of the ''Aero India 2013'' at Yelahanka air force station on the outskirts of Bangalore February 6, 2013.
Credit: Reuters/Stringer
BANGALORE |
BANGALORE (Reuters) - India's agreement to buy 126 Rafale fighter jets from France's Dassault Aviation (AVMD.PA) is of the "highest priority" in India's budget for the upcoming financial year that begins in April, Air Chief Marshal N.A.K. Browne said on Thursday.
India picked the Rafale jet for exclusive negotiations over a year ago after a hotly contested bidding war with rival manufacturers, but is still to finalise the $10 billion deal.
The deal would not be signed during a visit of French President Francois Hollande to India next week, a diplomatic source said on Wednesday.
(Reporting by Anurag Kotoky; Writing by Henry Foy; Editing by Jeremy Laurence)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Follow Reuters