Indian Development News ๐Ÿ‡ฎ๐Ÿ‡ณ
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All the last minute problems regarding AK-203 deal have been sorted out & Negotiations are at an advanced stage.
The price has been set to โ‚น70,000 per piece with royalty to Russia at โ‚น6,000. The deal will be signed soon with full TOT to India.
The StarSTREAK is an air defense system from Thales. With Mach 4+ speed it carries three sub munitions . It can be used as MANPADS as well as mobile air defense on various tracked or wheeled platforms , CIWS or even as air to air missiles!

60% of this system will be built in India!

#Defence
22 ships of the Indian Navyโ€™s Eastern Fleet at a four-day operational & combat readiness inspection.

Defence
One industry source said estimated losses for Reliance from its state-wide shutdowns run into millions of dollars. Two other sources said Walmartโ€™s estimated revenue loss from its store, one of 29 such outlets nationwide, has crossed $8 million. | https://mybs.in/2ZbHvxO
ThalesGroup & India's BDL sign pact on STARStreak air defence system. Under terms, BDL to offer STARS treak to Indian Army/IAF to plug urgent air defence gaps, with 60% of the system manufactured in India.
This looks at how farmers are protected. It is the ratio between the average price received by the farmer as compared to international price of the same commodity.
In China, this ratio is 1.10. It implies Chinese farmer received prices that were 10% above international prices.
In India, it 0.87 which means Indian farmers received prices 30% lower than international prices.
Market capitalization of BSE listed companies today closed at 1,97,66,572 cr - above USD 2.7 trillion first time in the history. Highest ever. Congratulations India! Keep it up.
INDIA: Bharat Biotech seals deal with Brazilian wholesaler to supply 12 million doses of coronavirus vaccine