January 02, 2026 03:14 am (IST)

Make this your homepage

News

New Year horror in Switzerland: Dozens feared dead in Crans-Montana bar explosion | Tobacco stocks crushed as govt slaps fresh excise duty from Feb 1 | Vodafone Idea shares explode 10% after surprise settlement and govt relief boost | No third party involved: India govt sources refute China’s Operation Sindoor ceasefire claim | Amit Shah blasts TMC over border fencing; Mamata fires back on Pahalgam and Delhi blast | 'A profound loss for Bangladesh politics': Sheikh Hasina mourns Khaleda Zia’s death | PM Modi mourns Khaleda Zia’s death, hails her role in India-Bangladesh ties | Bangladesh’s first female Prime Minister Khaleda Zia passes away at 80 | India rejects Pakistan’s Christmas vandalism remarks, cites its ‘abysmal’ minority record | Minority under fire: Hindu houses torched in Bangladesh village

India to buy 36 French-made Rafale Jets for $8.8 billion

India Blooms News Service | | Apr 16, 2016, at 05:32 am

#India # France # Rafale Jets # India # Defence

New Delhi, Apr 15 (IBNS): India is finally set to purchase the French-made Rafale planes for 8.8 billion dollars, media reports said on Friday.

The agreement will be signed within three weeks.

According to reports, it will take at least 18 months for India to get the first lot of aircraft.

France had initially demanded nearly 12 billion dollars for the sale of 36 fighters complete with weapon systems.

After negotiations, India has closed the deal at nearly 3 billion dollars below what France had claimed earlier.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.

India
International

Related Images

In images: Defence Minister Rajnath Singh chairs a meeting at DRDO Headquarters on 68th Foundation Day Jan 01, 2026, at 09:34 pm

In images: Amit Shah arrives in Kolkata for a 3-day visit in poll-bound West Bengal Dec 29, 2025, at 09:47 pm

In Images: PM Modi pays heartfelt tribute to Atal Bihari Vajpayee on 101st birth anniversary at Rajghat Dec 25, 2025, at 02:05 pm