India, France sign Rafale jet deal, but talks on price to go on


India signed an inter-governmental pact with France to buy 36 Rafale fighter jets on Monday but said sorting out details of the $9 billion deal such as pricing and post-sales servicing would take some more time.

India had scaled back the original plan to buy 126 Rafale jets to meet its air force’s urgent needs, but Modi and Hollande had to step into the deal after commercial negotiations between plane-maker Dassault Aviation and Indian officials collapsed.