August 14, 2026 10:15 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Delhi on high alert: Bomb threat to High Court, airport and multiple locations ahead of I-Day | ‘Who are they to interfere?’: CJI Surya Kant slams Bar Council of India over NALSAR students’ enrolment row | 'Shows how low Congress has sunk': BJP slams Rahul Gandhi over Modi foreign policy jibe | From guns to glamour: Former women Maoists walk the ramp in Chhattisgarh | Netaji row: Suvendu Adhikari govt strips BJP MP Anant Maharaj of state honour | Sukhbir Badal attacked by Nihang Sikh with kirpan at Maharashtra gurdwara; assailant detained | ‘If you cannot do it, we will pass an order’: Supreme Court’s final warning to Centre on food labels | ‘Time to move on’: Bombay HC sends strong message in Vijay Mallya-bank dispute | Netaji row explodes in Bengal: Suvendu Adhikari orders police action over ‘derogatory’ posts | Kolkata's NRS Hospital nurse found dead in washroom during night shift

Financial issues of the Rafale aircraft deal to be sorted out soon: Modi

| | Jan 25, 2016, at 09:41 pm
New Delhi, Jan 25 (IBNS): India and France signed MoUs regarding buying of Rafale aircraft and the financial aspects will be settled soon declared the Indian and French premiers in New Delhi.

According to the MoU, India will buy 36 Rafale jets from France.The purchase of the 36 Rafale jets from France would cost India around Rs 60,000 crore, according to reports.

During their joint speech at the conclusion of the talks on Monday, Indian Prime Minister Narendra Modi and French President Francois Hollande said that the price and other financial details will be settled in a few days..

Modi said the deal will strengthen the bilateral relations between the two countries and the financial issues for the purchase of 36 aircraft will be sorted out soon.

Hollande said India and France will be cooperating in many more fields.

Modi had announced about the aircraft deal in April 2015 but the negotiations hit a roadblock over price issues, according to media reports.

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.