This article is more than 2 year old.

India, US ink COMCASA after inaugural 2+2 dialogue, say officials

India, US ink COMCASA after inaugural 2+2 dialogue, say officials
India and the US on Thursday inked a long-negotiated pact under which critical and encrypted defence technologies will be provided to the Indian military by the Americans, officials said.
The 'Communications, Compatibility, Security Agreement (COMCASA)' was signed after the first two-plus-two talks External Affairs Minister Sushma Swaraj and Defence Minister Nirmala Sitharaman had with US Secretary of State Michael R Pompeo and Defence Secretary James Mattis.
The COMCASA will facilitate India to obtain critical defence technologies from the US, and access critical communication network to ensure interoperability among the US and the Indian armed forces.
It will also allow the installation of high-security US communication equipment on defence platforms being sourced from the US, officials said.

Market Movers

CompanyPriceChng%Chng
ICICI Bank676.65 20.70 3.16
ITC212.40 5.40 2.61
Wipro599.15 14.95 2.56
SBI Life Insura1,050.45 24.45 2.38
SBI428.90 6.85 1.62
CompanyPriceChng%Chng
ICICI Bank676.65 20.85 3.18
ITC212.35 5.30 2.56
SBI429.15 7.15 1.69
HCL Tech994.25 15.65 1.60
Axis Bank755.25 8.75 1.17
CompanyPriceChng%Chng
ICICI Bank676.65 20.70 3.16
ITC212.40 5.40 2.61
Wipro599.15 14.95 2.56
SBI Life Insura1,050.45 24.45 2.38
SBI428.90 6.85 1.62
CompanyPriceChng%Chng
ICICI Bank676.65 20.85 3.18
ITC212.35 5.30 2.56
SBI429.15 7.15 1.69
HCL Tech994.25 15.65 1.60
Axis Bank755.25 8.75 1.17

Currency

CompanyPriceChng%Chng
Dollar-Rupee74.4000-0.0600-0.08
Euro-Rupee87.5450-0.0830-0.09
Pound-Rupee102.3880-0.0780-0.08
Rupee-100 Yen0.6730-0.0030-0.44