October 30, 2018
Mumbai: Fire breaks out in Bandra slum, no casualty reported
India and Russia signed a $5.43 billion deal for five S-400 missile system on Friday.
The U.S. has warned that the deal could attract sanctions under the Countering America’s Adversaries Through Sanctions Act (CAATSA) that restricts defence purchases from Russia, Iran and North Korea. It has to be seen if the U.S. would grant a waiver to India in this case.
India has a long history of signing big ticket defence contracts with Russia, this deal comes at a time of increased friction between the United States and Russia, Washington’s strong objections to the agreement and New Delhi’s own deepening defence cooperation with Washington.