HDFC Bank, ICICI Bank, Axis Bank allowed to provide financial services for defence procurement

Jul 07, 2022

New Delhi [India], July 7 : The government of India has allowed three private sector lenders - HDFC Bank, ICICI Bank and Axis Bank...

Defence Minister Rajnath Singh approves Defence Procurement Manual 2025

Sep 14, 2025

Defence Minister Rajnath Singh approved the Defence Procurement Manual (DPM) 2025 to further streamline, simplify, enable and rationalise the revenue procurement process in the...

Defence ministry bifurcates capital procurement budget into domestic, foreign routes: Rajnath Singh

Aug 09, 2020

New Delhi [India], August 9 : The defence ministry has bifurcated the budget of capital procurement for 2020-21 into domestic and foreign capital procurement...

Rajnath Singh releases Defence Procurement Manual 2025

Oct 23, 2025

Effective from November 1, the new procurement manual will facilitate revenue procurement of approximately Rs one lakh crore by the three Services and other...

UK defence sector turns up in force at India's premier air show, Aero India

Feb 14, 2023

The UK delegation, which is led by Minister for Defence Procurement Alex Chalk, comprises representatives from Government, military, and the defence industry.

Centre extends emergency procurement powers of defence forces

Apr 05, 2023

With a majority of defence forces' tenders to buy weapon systems under emergency acquisition powers yet to be concluded, the Defence Ministry has extended...