LAKSH Career Academy

LAKSH Career Academy
Author: Hiren Dave

Friday 27 May 2016

27 MAY 2016

Ø  The VVIP helicopters bought in 2010 for over Rs. 300 crore a piece could have been procured for Rs. 160 crore each, Defence Minister Manohar Parrikar told The Hindu on Thursday, claiming that kickbacks had been a significant part of acquisition costs in the defence sector.

Ø  Group of Seven (G7) leaders voiced concern about emerging economies at a summit in Japan on Thursday as their host, Prime Minister Shinzo Abe, made a pointed comparison to the 2008 global financial crisis but not all his G7 partners appeared to agree.

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