The Perfect Holiday Gift Gift Now

In a first, HAL ties up with Russian firm to make civilian planes

Financial Express Lucknow

|

October 29, 2025

INDIA AND RUSSIA have firmed up a collaboration to produce a twin-engine narrow-body civilian aircraft for short-haul flights in line with growing strategic ties between the two countries.

- PRESS TRUST OF INDIA

State-run aerospace major Hindustan Aeronautics (HAL) signed a pact with Russia’s Public Joint Stock Company United Aircraft Corporation (PJSC-UAC) in Moscow on Monday for production of SJ-100 aircraft in India. It will be the first such project to produce a passenger aircraft in India. The joint venture was finalised a little more than a month before an expected visit to India by Russian President Vladimir Putin.

The SJ-100 was earlier known as the Sukhoi Superjet 100. As on date, over 200 SJ-100 aircraft have been produced and are being operated by more than 16 commercial airline operators.

FLERE HISTORIER FRA Financial Express Lucknow

Financial Express Lucknow

Slowdown in home loans hits personal credit growth

THE SLOWDOWN IN home loans pulled down the overall growth in the personal loan category in November.

time to read

1 mins

January 05, 2026

Financial Express Lucknow

Flights grounded in Greece on radio frequency loss

FLIGHTS ACROSS GREECE were grounded on Sunday after a collapse of radio frequencies crippled air traffic communication, stranding thousands of travellers and bringing airport operations to a halt.

time to read

1 min

January 05, 2026

Financial Express Lucknow

Romance, mediated by AI

THE RESPONSES CAME quick, but polished.

time to read

2 mins

January 05, 2026

Financial Express Lucknow

ONGC Videsh may get to recover $1 billion in dues

• Venezuelan oil supplies may resume to RIL, other refiners

time to read

1 min

January 05, 2026

Financial Express Lucknow

OPEC+ keeps output steady

OPEC+ KEPT OIL output unchanged on Sunday after a quick meeting that avoided discussion of the political crises affecting several of the producer group's members.

time to read

1 min

January 05, 2026

Financial Express Lucknow

Subsidies 8% of states' revenue spending

STATE GOVERNMENTS CONTINUE to devote a sizeable share of their budgets to subsidies, underscoring their role in welfare delivery while intensifying pressure on public finances.

time to read

1 min

January 05, 2026

Financial Express Lucknow

Maduro sits in US custody, loyalists defiant

VENEZUELA'S TOPPLED LEADER Nicolas Maduro was in a New York detention center on Sunday awaiting drug charges after President Donald Trump ordered an audacious raid to capture him, saying the US would take control of the oil-producing nation.

time to read

1 mins

January 05, 2026

Financial Express Lucknow

FPIs pull out ₹7,608 cr from equities in Jan

FOREIGN PORTFOLIO INVESTORS (FPIs) have started 2026 on a cautious note, extending their selling streak from last year by withdrawing ₹7,608 crore ($846 million) from Indian equities in the first two trading sessions of January.

time to read

1 min

January 05, 2026

Financial Express Lucknow

D2C acquisitions by FMCG companies set to continue

VALUATIONS LIKELY TO STAY DISCIPLINED

time to read

2 mins

January 05, 2026

Financial Express Lucknow

Ola’s triple-unicorn ride runs into speed bumps

IN 2024, BHAVISH AGGARWAL presided over a rare feat in Indian startups—running three unicorns in parallel.

time to read

2 mins

January 05, 2026

Listen

Translate

Share

-
+

Change font size