NEW DEHLI — In the wake of a bribery scandal, India has banned six defense firms, including four international vendors, from doing business in the country for the next 10 years, hurting the army’s plans to acquire ultra light howitzers (ULH) for its artillery units.

NEW DELHI — A day after India successfully test-fired its 290-km-range (180-mi.) BrahMos supersonic cruise missile and put into operation the second tranche of the weapon system, Pakistan on March 5 tested a nuclear-capable short-range surface-to-surface ballistic missile. BrahMos has the capability of attacking surface targets by flying as low as 10 meters (33 ft.) above the ground. It can reach a speed of Mach 2.8. On the other side, Pakistan’s Hatf-2 missile can travel up to 180 km and deliver nuclear as well as conventional warheads with high accuracy.

Saddled with mounting debt and heavy losses, India's airlines are caught in a no-win situation. Passenger traffic is increasing, but costs are rising faster. The airlines want to grow and modernize their fleets to cater to passenger demand, but financing planned fleet expansion is problematic. Indian banks, which have about $7 billion already tied up in the airlines, are worried about their exposure to the sector and are unwilling to restructure loans to carriers, including state-run Air India.