logo
No formal discussions yet: Government on F-35 fighter jets deal with US

No formal discussions yet: Government on F-35 fighter jets deal with US

Hindustan Times4 days ago
There have been no formal discussions on the sale of F-35 fighters jets to India, the government said on Friday. Replying to a question in Lok Sabha regarding the potential sale of the jets to India, Minister of State Kirti Vardhan Singh wrote, "No formal discussions have been held as yet on this issue." Bengaluru, Feb 13 (ANI): F35 fighter aircrafts is on display is on display at the Aero India 2023, in Bengaluru on Monday. (ANI Photo)(ANI Picture Service)
The minister made the remarks after he noted that in February, India and US had issued a joint statement saying the US "will undertake a review of its policy on releasing fifth generation fighters (such as the F-35) and undersea systems to India."
The statement came in response to MP Balwant Baswant Wankhade's query asking if any official proposal was received from the US regarding the sale of F-35 fighter jets to India.
In February this year, US President Donald Trump said the US was paving the way to provide India with the F-35 stealth fighters. Prime Minister Narendra Modi was visiting the US at the time.
"Starting this year, we will be increasing military sales to India by many billions of dollars. We are also paving the way to ultimately provide India with the F-35 stealth fighters," Donald Trump had said at a press conference alongside PM Modi at the White House.
However, even just a month later in March, the Chief of the Air Staff, Air Chief Marshal AP Singh had said that India had not looked at the potential sale, and there was no offer from the US yet.
Earlier on Thursday, a Bloomberg report said that India had informed the US that it was "not keen to buy the F-35 stealth fighter jets". The report came hours after Trump's 25 per cent tariffs plus penalty announcement for India, which the US President largely attributed to India buying oil and arms from Russia.
However, there is no official confirmation on this report.
The F-35, developed by Lockheed Martin, is said to be one of the world's most advanced and versatile fighter jets. There are three major variants to the jets: the F-35A, designed for conventional takeoff and landing, the F-35B, capable of short takeoff and vertical landing, and the F-35C, a carrier-based model.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Trump is creating a task force for the 2028 Olympic Games in Los Angeles
Trump is creating a task force for the 2028 Olympic Games in Los Angeles

Hindustan Times

time16 minutes ago

  • Hindustan Times

Trump is creating a task force for the 2028 Olympic Games in Los Angeles

WASHINGTON (AP) — President Donald Trump is establishing a task force on the 2028 Olympic Games being held in Los Angeles. HT Image Trump will sign an executive order on Tuesday to make the task force official, the White House said. The 2028 Games will be the first Olympics to be hosted by the U.S. since the 2002 Winter Games in Salt Lake City, Utah. Trump 'considers it a great honor to oversee this global sporting spectacle,' White House press secretary Karoline Leavitt said in a statement, calling sports one of the president's 'greatest passions.' LA28 president and chair Casey Wasserman said the task force "marks an important step forward in our planning efforts and reflects our shared commitment to delivering not just the biggest, but the greatest Games the world has ever seen in the summer of 2028.' During a briefing Tuesday afternoon, State Department spokesperson Tammy Bruce said the task force would 'coordinate across federal, state and local agencies to ensure streamlined visa processes, robust security and efficient transportation.' Along with the 2028 Summer Games, Trump has said that the 2026 FIFA World Cup being hosted by the U.S., Canada and Mexico is among the events he's most looking forward to in his second term. In preparation for next year's competition, the governments of all three countries on Tuesday said they had held the first meeting of a trilateral coordinating council of government officials, industry leaders and security professionals discussing a variety of issues including preparedness for any security threats ahead of the World Cup. ___ Kinnard can be reached at ___ Associated Press writer Michelle L. Price in Washington contributed reporting.

US stocks tick higher on rate cut hopes; earnings in spotlight
US stocks tick higher on rate cut hopes; earnings in spotlight

Economic Times

time35 minutes ago

  • Economic Times

US stocks tick higher on rate cut hopes; earnings in spotlight

Wall Street is holding steadier on Tuesday following its see-saw ride that bracketed the weekend. ADVERTISEMENT The S&P 500 was inching up by 0.1% in early trading, coming off its best day since May, which followed its worst day since May. The Dow Jones Industrial Average was up 77 points, or 0.2%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.1% higher. Worries are still high that President Donald Trump's tariffs may be hurting the economy. But increased hopes for cuts to interest rates by the Federal Reserve later this year, along with a stream of stronger-than-expected profit reports from U.S. companies, are helping to support the market. Palantir Technologies helped lead the way after the provider of artificial-intelligence platforms reported a stronger profit for the latest quarter than analysts expected. The AI darling also raised its forecast for revenue over the full year, and its stock climbed 7.5% after it had already doubled for the year so far coming into the day.'We continue to see the astonishing impact of AI leverage,' CEO Alex Karp rose 4.5% after the chemical company likewise topped analysts' expectations for profit and revenue. It also raised its forecast for profit over the full year, even though it's expecting to take a $20 million hit because of tariffs in the second half of 2025. ADVERTISEMENT They helped to offset a 0.7% slip for Yum Brands after the company behind KFC, Taco Bell and Pizza Hut reported results for the latest quarter that came up just short of analysts' & Hers Health tumbled 12.2% even though the telehealth company reported a profit that topped analysts' expectations. Its revenue fell short of forecasts. ADVERTISEMENT The pressure is on companies to report bigger profits after the U.S. stock market surged to record after record from a low point in April. The big rally fueled criticism that the broad market had become too stock prices to look like better bargains, either companies need to produce bigger profits, or interest rates need to fall. The latter may happen in September, when the Federal Reserve has its next meeting. ADVERTISEMENT Expectations have built sharply for a rate cut at that meeting since a report on the U.S. job market Friday came in much weaker than economists expected. Lower interest rates would make stocks look less expensive, while also giving the overall economy a boost, but the potential downside is that they could push inflation yields sank sharply after Friday's release of the jobs report, and they haven't recovered. The yield on the 10-year Treasury was holding at 4.22%, where it was late Monday and down from 4.39% just before the release of the jobs report. ADVERTISEMENT In stock markets abroad, indexes rose across much of Europe and Asia. India's Sensex was an outlier and dipped 0.4% on concerns over trade tensions with the United States as the Trump administration pushes for cutbacks in the country's oil purchases from Russia. (You can now subscribe to our ETMarkets WhatsApp channel)

Ahead of Bihar Assembly polls, PM Modi says NDA a cohesive unit
Ahead of Bihar Assembly polls, PM Modi says NDA a cohesive unit

Time of India

time35 minutes ago

  • Time of India

Ahead of Bihar Assembly polls, PM Modi says NDA a cohesive unit

Ahead of Bihar polls , Prime Minister Narendra Modi on Tuesday emphasised that NDA is a cohesive unit, a natural and organic alliance, and asked MPs to work as a team during outreach activities. In his first address to NDA MPs in over a year, Modi remembered Shiv Sena founder the late Balasaheb Thackeray and the late JDU leader George Fernandes, and fondly mentioned Bihar CM Nitish Kumar as 'Nitish Babu'. The PM asserted that after these leaders joined hands, the NDA government was formed and reforms started, sources said. By mentioning Fernandes and Nitish, Modi has sent out a key message before Bihar polls. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program MPs took special note of Modi conveying wishes to home minister Amit Shah for becoming the longest-serving incumbent in his ministry, overtaking BJP veteran LK Advani, a co-founder of the grouping in 1998. "It is just the beginning... There's a long way to go," Modi said about Shah, triggering buzz among NDA MPs. Shah has been at the helm since the Modi 2.0 government took over in 2019, and his stint is of six years and 65 days so far. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo Parliamentary affairs minister Kiren Rijiju later told reporters that the PM spoke about NDA's long and successful journey. The PM said the Opposition must be regretting its decision to seek a debate on the terror strike and India's military response, according to sources. Modi recalled that he had begun his reply in the Lok Sabha with the assertion that he would present the "stand of Bharat" and praised the points made by NDA speakers. Live Events Modi also took a swipe at leader of Opposition in the Lok Sabha, Rahul Gandhi , a day after the Congress leader was pulled up by the Supreme Court for his claim of China encroaching on Indian land under the current government. Gandhi makes childish and unsubstantiated comments about Indian territory and security, and the court has served him a lesson, Modi said. Praising Modi for Operation Sindoor , NDA resolution said, "The NDA Parliamentary Party lauds the exceptional leadership displayed by Prime Minister Shri Narendra Modi during these times. His unwavering resolve, visionary statesmanship and resolute command have not only steered the nation with purpose but also ignited a renewed spirit of unity and pride in the hearts of all Indians."

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store