
IAF looking to acquire 2-3 squadrons of fifth-generation fighter jets from foreign sources
A fighter squadron typically consists of 18 to 20 jets.
Explore courses from Top Institutes in
Please select course:
Select a Course Category
Leadership
Artificial Intelligence
Data Science
MCA
MBA
Others
Cybersecurity
Data Analytics
Digital Marketing
healthcare
Operations Management
Product Management
CXO
Technology
PGDM
Project Management
Data Science
Public Policy
others
Design Thinking
Healthcare
Management
Finance
Degree
Skills you'll gain:
Duration:
12 Months
IIM Kozhikode
Advanced Strategic Management Programme
Starts on
undefined
Get Details
Skills you'll gain:
Duration:
22 Weeks
Indian School of Business
SEPO - ISB Venture Capital & Private Equity India
Starts on
undefined
Get Details
Skills you'll gain:
Duration:
10 Months
IIM Indore
Executive Programme in Business Management
Starts on
undefined
Get Details
Skills you'll gain:
Financial Accounting & Analysis
Financial Instruments & Markets
Corporate Finance & Valuation
Investment Management & Banking
Duration:
12 Months
IIM Kozhikode
IIMK Professional Certificate in Financial Analysis and Financial Management
Starts on
Mar 30, 2024
Get Details
Skills you'll gain:
Duration:
11 Months
IIM Lucknow
CERT-IIML SLP India
Starts on
undefined
Get Details
Skills you'll gain:
Critical Thinking & Decision-Making Skills
Power of Emerging Technologies
Innovation and Drive Organizational Change
Fostering a Culture of Innovation
Duration:
9 Months
MIT xPRO
MIT Technology Leadership and Innovation
Starts on
May 14, 2024
Get Details
Skills you'll gain:
Strategic Thinking & Planning
Competitive Advantage & Market Positioning
Strategic Leadership & Decision-Making
Change Management & Organizational Transformation
Duration:
1 Year
IIM Kozhikode
IIMK Advanced Strategic Management Programme
Starts on
Mar 30, 2024
Get Details
Skills you'll gain:
Opportunities & Outlining Plans to use AI & ML
Applying Data-Driven Business Innovation Best Practices
Changing Culture to Integrate AI-Enabled Technologies
Ethics, Privacy and Regulations in AI & ML
Duration:
20 Weeks
Indian School of Business
ISB Leadership in AI
Starts on
May 14, 2024
Get Details
Skills you'll gain:
Duration:
12 Months
IIM Kozhikode
SEPO - IIMK CEO Programme India
Starts on
undefined
Get Details
Skills you'll gain:
Duration:
18 Weeks
109820388
Strategic Marketing for Leaders: Leveraging AI for Growth
Starts on
undefined
Get Details
Skills you'll gain:
Duration:
10 Months
IIM Kozhikode
CERT-IIMK-Women Leadership Programme INDIA
Starts on
undefined
Get Details
Skills you'll gain:
Duration:
12 Months
IIM Kozhikode
Senior Management Programme
Starts on
undefined
Get Details
Skills you'll gain:
Duration:
12 Weeks
IIM Kozhikode
CERT-IIMK EPIS Async India
Starts on
undefined
Get Details
The IAF recently made a detailed presentation to the government outlining its future requirements for maintaining an edge over adversaries, defence sources told ANI.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Elegant New Scooters For Seniors In 2024: The Prices May Surprise You
Mobility Scooter | Search Ads
Learn More
They said the IAF is looking to acquire around two to three squadrons (40-60 aircraft) in the interim till the indigenous project gets ready for meeting its operational requirements.
An empowered committee led by Defence Secretary RK Singh recommended the induction of fifth-generation fighter jets to enhance the force's deterrence and preparedness, especially along the northern and western borders.
Live Events
The Indian side is showing interest in acquiring the fifth-generation fighter aircraft, when reports suggest that China is already working on sixth-generation fighter jets and may also provide its fifth-generation fighters to the Pakistan Air Force in the next few years.
The two countries from which India could potentially procure fifth-generation aircraft were the United States and Russia.
However, the government has not taken any decision on the issue of fifth-generation fighter jets, but discussions are going on in this regard.
The US has offered the F-35 fighter jet, while Russia has proposed its Su-57 jets for India's consideration.
India had opted out of the
Fifth Generation Fighter Aircraft
(FGfA) project many years ago, but there is an option to rejoin it.
The F-35 has been sold to various countries by the US in Europe and outside.
India is also looking at a programme to build 114 modern 4.5 plus generation fighters in partnership with a foreign country under
Make in India
, and may go for a government-to-government deal after a tender.
The Indian Air Force is looking to use these planes to prepare a strong deterrence all along the western and northern fronts.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
28 minutes ago
- Time of India
Shanti Gold IPO subscribed 7x on final day; should you apply? Check GMP, review, and more
Shanti Gold International IPO had received an overall subscription of 6.88 times as of 10:15 a.m. on the last day of bidding, driven largely by strong demand from retail investors and non-institutional investors (NIIs). The grey market premium (GMP) for the IPO is hovering around Rs 37 per share, indicating a possible listing gain of approximately 18.5% over the upper end of the price band, which is set at Rs 199 per share. The IPO is entirely a fresh issue, offering 1.81 crore equity shares to raise Rs 360.11 crore. The bidding opened on July 25 and will close today, July 29. Explore courses from Top Institutes in Please select course: Select a Course Category Others Data Science Management Finance MBA PGDM Project Management Cybersecurity Data Analytics Digital Marketing Public Policy Leadership Artificial Intelligence Technology Data Science Operations Management Design Thinking Healthcare CXO Product Management Skills you'll gain: Duration: 16 Weeks Indian School of Business CERT-ISB Transforming HR with Analytics & AI India Starts on undefined Get Details Skills you'll gain: Duration: 9 months IIM Lucknow SEPO - IIML CHRO India Starts on undefined Get Details Skills you'll gain: Duration: 28 Weeks MICA CERT-MICA SBMPR Async India Starts on undefined Get Details Shanti Gold IPO: Subscription Status Retail investor enthusiasm has been notable, with the segment receiving 7.99 times subscription for the 63.33 lakh shares reserved for it. The NII category saw even stronger demand, being subscribed 13.38 times. In contrast, QIB participation has been modest, with minimal bids received for their allotted 36.19 lakh shares so far. Shanti Gold IPO: GMP Today The grey market premium (GMP) for the IPO is around Rs 37 per share, suggesting a potential listing gain of about 18.5% over the upper price band of Rs 199. GMP reflects the unofficial price at which shares are expected to trade before listing. The IPO is priced in the range of Rs 189 to Rs 199 per share. Investors can apply for a minimum lot size of 75 shares, which amounts to Rs 14,925 at the upper end of the band, and in multiples thereafter. Live Events Ahead of the IPO, Shanti Gold International raised Rs 108 crore from anchor investors, with allocations going to names such as Societe Generale, Wealthwave Capital Fund, Rajasthan Global Securities, Astorne Capital VCC Arven, Shine Star Build Cap, Meru Investment Fund, and others, according to a filing on the BSE. About the company. Shanti Gold International, a Mumbai-based manufacturer of 22kt CZ casting gold jewellery, operates primarily on a B2B model and caters to large retail chains including Joyalukkas, Lalithaa Jewellery Mart and Alukkas. Its designs are sold across southern India, which currently contributes more than 70% of revenue. The firm plans to expand into North India with a new 1,200 kg manufacturing unit in Jaipur — a strategic move to enter the plain jewellery segment. Also read: Aditya Infotech IPO Opens: GMP at Rs 45 – Should you apply for the Rs 1,300 crore issue? Company Financials and Valuations The company has shown robust financial growth over the past few years. Revenue rose from Rs 679 crore in FY23 to Rs 1,106 crore in FY25, while net profit surged from Rs 19.8 crore to Rs 55.8 crore during the same period, reflecting a strong CAGR of 68%. EBITDA margins have expanded steadily to 8.83%, and the return on equity (RoE) stood at a healthy 44.85% in FY25. The IPO values the company at a post-issue P/E of 19x, which is at a discount to the industry average of 23x. However, the price-to-book valuation at 7x appears slightly stretched compared to listed peers. Should you subscribe to Shanti Gold IPO? Brokerages have recommended subscribing to the issue, citing strong financials, margin expansion, and a clear strategy to diversify its product mix and regional footprint. "The company's robust relationships with marquee jewellers, expanding design capabilities (over 400 designs/month), and controlled in-house manufacturing give it scale and brand trust in the B2B jewellery segment," said Canara Bank Securities. While risks such as customer and regional concentration exist, the growth momentum and business fundamentals remain attractive. ( Disclaimer : Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)


Time of India
an hour ago
- Time of India
India's 19-year-old chess star Divya Deshmukh becomes Grandmaster. Anand Mahindra reminds us of the unsung woman behind her
In a stunning display of grit and composure, 19-year-old Divya Deshmukh has etched her name in Indian chess history by winning the 2025 FIDE Women's World Cup — and with it, claiming the coveted Grandmaster title . The young star from Nagpur defeated none other than veteran Koneru Humpy, a two-decade-long powerhouse in the chess world, in a tense final that went down to tiebreaks. While both classical games ended in draws, it was Deshmukh who kept her cool and outplayed Humpy in the rapid rounds, showing nerves of steel. The victory was not only a personal milestone but a historic moment — Divya became the 88th Grandmaster of India and only the fourth Indian woman to do so, following legends like Humpy, Dronavalli Harika, and R Vaishali. Visibly emotional after the win, Divya said she needed time to process it. 'I think it was fate, me getting the Grandmaster title this way because before this tournament, I didn't even have one GM norm,' she said, as quoted by PTI. Explore courses from Top Institutes in Please select course: Select a Course Category Leadership Artificial Intelligence CXO Public Policy Operations Management Design Thinking healthcare Cybersecurity PGDM MCA Product Management Project Management Data Science Degree Technology Data Science Finance Data Analytics others Healthcare Digital Marketing Management MBA Others Skills you'll gain: Duration: 12 Months IIM Kozhikode SEPO - IIMK CEO Programme India Starts on undefined Get Details Skills you'll gain: Financial Accounting & Analysis Financial Instruments & Markets Corporate Finance & Valuation Investment Management & Banking Duration: 12 Months IIM Kozhikode IIMK Professional Certificate in Financial Analysis and Financial Management Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 22 Weeks Indian School of Business SEPO - ISB Venture Capital & Private Equity India Starts on undefined Get Details Skills you'll gain: Opportunities & Outlining Plans to use AI & ML Applying Data-Driven Business Innovation Best Practices Changing Culture to Integrate AI-Enabled Technologies Ethics, Privacy and Regulations in AI & ML Duration: 20 Weeks Indian School of Business ISB Leadership in AI Starts on May 14, 2024 Get Details Skills you'll gain: Strategic Thinking & Planning Competitive Advantage & Market Positioning Strategic Leadership & Decision-Making Change Management & Organizational Transformation Duration: 1 Year IIM Kozhikode IIMK Advanced Strategic Management Programme Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 10 Months IIM Indore Executive Programme in Business Management Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Advanced Strategic Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 12 Weeks IIM Kozhikode CERT-IIMK EPIS Async India Starts on undefined Get Details Skills you'll gain: Duration: 11 Months IIM Lucknow CERT-IIML SLP India Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Senior Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 18 Weeks 109820388 Strategic Marketing for Leaders: Leveraging AI for Growth Starts on undefined Get Details Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK-Women Leadership Programme INDIA Starts on undefined Get Details Skills you'll gain: Critical Thinking & Decision-Making Skills Power of Emerging Technologies Innovation and Drive Organizational Change Fostering a Culture of Innovation Duration: 9 Months MIT xPRO MIT Technology Leadership and Innovation Starts on May 14, 2024 Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Gold Is Surging in 2025 — Smart Traders Are Already In IC Markets Learn More Undo Her achievement sparked a wave of praise across the country. Business tycoon Anand Mahindra celebrated her win on X. But it was his heartfelt tribute to the woman behind Divya Deshmukh that caught everyone's attention. He wrote, 'Behind the Grandmaster is the caring mother… as always, the unsung hero behind many stars.' — anandmahindra (@anandmahindra) Divya too credited her mother for her success as she told FIDE, "She is the biggest support here. I don't think that I would have come this far without her. It's really nice to see somebody who's always cheering on you, in your good times and bad times." Five-time world champion Viswanathan Anand also lauded the teen's resilience, calling it a 'great celebration of Indian chess, particularly women's chess.' — vishy64theking (@vishy64theking) The moment carried even more emotional weight as Divya, born in 2005, took down Humpy, who had already become a Grandmaster in 2002 — three years before Divya was even born.


Time of India
an hour ago
- Time of India
Where to see the Delta Aquariids Meteor Shower across Lancashire on July 30
Over Lancashire, the Delta Aquariids Meteor Shower will peak. On the evening of Wednesday, July 30, astronomers in East Lancashire could see the Delta Aquariids meteor shower, which is expected to peak at up to 25 meteors per hour. With the greatest viewing hours anticipated between midnight and dawn, the event signals the start of the Northern Hemisphere's summer meteor shower season. Explore courses from Top Institutes in Please select course: Select a Course Category CXO Healthcare Design Thinking Product Management Operations Management MBA Others Management Degree Cybersecurity Project Management others Data Analytics Artificial Intelligence PGDM Public Policy healthcare Technology MCA Data Science Data Science Finance Digital Marketing Leadership Skills you'll gain: Digital Strategy Development Expertise Emerging Technologies & Digital Trends Data-driven Decision Making Leadership in the Digital Age Duration: 40 Weeks Indian School of Business ISB Chief Digital Officer Starts on Jun 30, 2024 Get Details Skills you'll gain: Operations Strategy for Business Excellence Organizational Transformation Corporate Communication & Crisis Management Capstone Project Presentation Duration: 11 Months IIM Lucknow Chief Operations Officer Programme Starts on Jun 30, 2024 Get Details Skills you'll gain: Customer-Centricity & Brand Strategy Product Marketing, Distribution, & Analytics Digital Strategies & Innovation Skills Leadership Insights & AI Integration Expertise Duration: 10 Months IIM Kozhikode IIMK Chief Marketing and Growth Officer Starts on Apr 7, 2024 Get Details Skills you'll gain: Technology Strategy & Innovation Emerging Technologies & Digital Transformation Leadership in Technology Management Cybersecurity & Risk Management Duration: 24 Weeks Indian School of Business ISB Chief Technology Officer Starts on Jun 28, 2024 Get Details The greatest places to watch Delta Aquariids are those with low levels of light pollution. The best visibility will come from clear, black skies, and Lancashire has a number of black Sky Discovery Sites that fit the bill. Slaidburn and Gisburn Forest, Beacon Fell Country Park, and Crook O'Lune Picnic Site in the Forest of Bowland are among the designated locations. Preston's Deepdale Labour and Social Club Live Events Preston's Brockholes Nature Reserve Preston's Moor Park is home to Jeremiah Horrocks Observatory. Preston's Alston Observatory Preston's Beacon Fell Visitor Centre Cricket Club of Blackpool Embankment of Pilling, Pilling Clitheroe's Slaidburn Visitor Parking Lot Clitheroe's Gisburn Forest Hub Torrisholme's Church of the Ascension Halton Green's Crook O'Lune Picnic Site Lancaster's Caton Moor Windfarm Stargazers can stay at Clerk Laith Lodge near Newton-in-Bowland, Graystock Lodge in Cockerham, or Bowland Wild Boar Park in Preston for longer viewing sessions or overnight stays. Because the meteors seem to originate close to the star Delta Aquarii, the Delta Aquariids are named after the constellation Aquarius. Because the shower happens just a few days before a New Moon, there will be less lunar interference, making this year's viewing conditions favourable. Although there is still debate on the Delta Aquariids' origin, recent research suggests Comet 96P/Machholz as the most likely source. The comet, which was discovered by astronomer Donald Machholz in 1986, is thought to be four miles (6.4 km) in diameter and completes one cycle around the Sun every 5.2 years. The yearly meteor shower is caused by ice vaporising and releasing dust and rock debris as the comet gets closer to the Sun. This debris burns when it enters Earth's atmosphere.