Lockheed and Tata sign Pact to make F-16 Planes in India
Lockheed Martin and India’s Tata Advanced Systems have signed a pact to produce F-16 fighter planes in India. The two companies have announced their agreement at the Paris Airshow.
The GST Council headed by Union Finance Minister Arun Jaitley comprising of state finance ministers as members have decided to set up a five-member anti-profiteering authority to decide on levying the penalty if businesses do not pass on the benefit of price reduction to consumers under GST regime. The GST Council has also approved the anti-profiteering rules.
External Affairs Minister Sushma Swaraj has inaugurated Know India Programme (KIP) for NRI and PIO youth with a view to provide them with an exposure to the country of their origin so that they can understand India better and more closely.