Indian Development News 🇮🇳
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Indian Development News 🇮🇳
HAL hoping to get approval of gvt funding around 10 Million USD for development of High altitude Pseudo Satellite (HAPS) by October end. - Initial Instutional prototype very soon. -whole development will take 3-4 years. It's Joint Project of HAL+NAL+New_space…
21+ hours in the Air - NewSpace Research and Technologies creates a National UAV Endurance Record Benchmark in India

This feat was accomplished using cutting edge Solar Powered UAV development prototype during the Winter Solstice flight trial at ATR Chitradurga on 22/23 December 2023 by the NRT HAPS Engineering group. Having met all the design goals for long endurance flight on the worst daylight day, this critical milestone successfully unlocks the way ahead for India's foray into the psuedosatellites in the stratosphere.

It will act as a bridge for communication between satellites and UAV's as well as for reconnaissance and videography of Balakot like missions while coordinating with aerial UAV's during deep strikes.


#Drones #Startups #Defence #aatmanirbharbharat
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At least 50 fertilizer production facilities have closed in Europe. This is stated in a report by Mitsubishi UFJ Financial Group (a major financial group among the world's top ten).

Fertilizer production in the EU has become completely unprofitable due to gas prices. 75% of the cost of nitrogen fertilizer is the cost of gas.

Europe will be forced to import fertilizer and grain from as early as 2024. #Agriculture #InternationalNews #Geopolitics #NWO
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Meanwhile Government approves creation of "World's Largest Grain Storage Plan in Cooperative Sector" to address food grain storage capacity shortage.

🔸Pilot Project have been initiated in various states/UTs to create agri infrastructure at PACS level.

🔸It Involves decentralized godowns, custom hiring centers, processing units, Fair Price Shops, etc.

▶️Objective of the Plan:
🔸Strengthen PACS economically by diversifying business activities.

🔸Improve financial sustainability by providing additional revenue sources.

▶️Convergence of Government Schemes:
🔸Utilizes existing schemes like Agriculture Infrastructure Fund (AIF), Agricultural Marketing Infrastructure Scheme (AMI), Sub Mission on Agricultural Mechanization (SMAM), PMFME, etc.

🔸PACS can avail subsidies and interest subvention benefits for infrastructure development.

▶️NABARD provides financial support to PACS through refinancing at highly subsidized rates (around 1 percent) with the benefits of 3% interest subvention under AIF scheme.

▶️Benefits to Farmers:
🔸Reduction in post-harvest losses.
🔸Strengthened food security up to Panchayat/village level.
🔸Prevention of distress sale by providing better prices.
🔸Additional income sources through diversification of business.

▶️Consumer and Food Security Benefits:
🔸Improved market linkages for farmers.
🔸Farmers able to store produce and avail bridge finance.
🔸Access to agri inputs and services at Panchayat/village level.
Integration with food supply management chain for expanded market and better value.

#agriculture #Infra #NWO
https://t.co/XfqYH2cHVr
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India sells 15 endo atmospheric advanced missile defence systems Ashwin worth ₹6000 crore to Armenia. 🇮🇳🤝🇦🇲 #Defence #Exports
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Reported drone strike 200NM SW of Veraval, India. The Red Sea crisis impact on the vicinity of the Indian coast.

Indian Navy has already secured the commercial ship. #Indiansubcontinent #Defence
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Infosys loses $1.5 billion AI contract from global customer #IT
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M/V SAI BABA, a Gabon-owned, Indian-flagged crude oil tanker, reported that it was hit by a one-way attack drone with no injuries reported at 10:30 PM IST yesterday #Indiansubcontinent
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Dual Citizenship Poses Challenges, But Debate Still Alive - EAM S Jaishankar. #Policy
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Indian Development News 🇮🇳
M/V SAI BABA, a Gabon-owned, Indian-flagged crude oil tanker, reported that it was hit by a one-way attack drone with no injuries reported at 10:30 PM IST yesterday #Indiansubcontinent
Gabbon-flagged vessel MV Saibaba has also suffered a drone attack in the Red Sea. It has 25 Indian crew members on board who are safe. It is not an Indian-flagged vessel. More details are awaited: Indian Navy officials


Clarification by Indian Navy on the incident #IndianSubcontinent
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Indian Development News 🇮🇳
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The Sports Ministry has suspended the recently elected WFI body.


"The new body has not followed the WFI constitution. We have not terminated the Federation but suspended till further orders. They just need to follow the due process and the rules," a sports ministry official told PTI.

#Wrestling #Sports
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De-Dollarisation: Bilateral trade in INR to benefit India and Oman

“The Indian Rupee until the 1970s was the legal tender in the majority of Gulf nations. So, this is not something new. As time went on... an increasing number of nations are attempting to convert to using their national currencies for trade,” Anil Trigunayant, a former Indian Envoy to Jordon, Libya, and Malta, said.




He added that bilateral rupee commerce benefits both nations and reduces transaction costs.

Digital payments between India and Oman are developing as well, Colonel (Retd) Anil Rajeev Agarwal, Director at Manohar Parrikar Institute for Defence Studies and Analyses, said.

Oman's Duqm Port: India's Game-Changing Maritime Move

“From an Indian perspective, protecting its western maritime borders—where the Indian Ocean and the Arabian Sea converge—is just as vital as safeguarding the east. Due to Oman's strategic location along the Maritime Silk Route, it is crucial to India’s West Asia Policy,” Trigunayant said.



The Ambassador emphasized that “India's engagement with Oman will further influence its relation with other countries in the Gulf region”.


#Trade #Bilateral #Dedollarisation
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🇮🇱⚔️🇵🇸 ISRAEL-HAMAS WAR CASUALTIES

Israel: 1.4K killed, 8.7K wounded

Palestine(Gaza & West Bank)

Gaza: 20.2K+ killed, 53.6K+ wounded and 1000+ Hamas fighters killed and 200 captured in Israeli territory

West Bank: 303 killed,3456+
wounded

Spillover:

Lebanon: 146 Killed

Syria: 40 Killed

#War
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The Indian Navy is all set to commission its latest Stealth Guided Missile Destroyer Imphal at Naval Dockyard, Mumbai on December 26, 2023, in the presence of Defence Minister Rajnath Singh as the Chief Guest. The event marks the formal induction into the Navy of the third of four ‘Visakhapatnam’ class destroyers, indigenously designed by the Indian Navy’s in-house organisation, Warship Design Bureau and constructed by Mazagon Dock Limited,Mumbai: Indian Navy


#NationalSecurity #Defence #aatmanirbharbharat
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