Indian Development News 🇮🇳
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🇵🇰 Pakistan will close its Airspace from 9.00 AM to 3.00 PM daily till 31th March for Military Exercises #IndianSubcontinent
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🇬🇧- Wholesale gas price has risen by 93% in the UK since the start of the war in the Middle East. #Oil #Energy #InternationalNews
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🇴🇲 Oman Port struck by Iran
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India's 100 million barrel crude stocks can cover 40-45 days with Hormuz flows disrupted

India holds about 100 million barrels of commercial crude oil stocks - in storage tanks, underground strategic reserves and on ships voyaging towards the country - which could cover roughly 40-45 days of its requirement if flows through the Strait of Hormuz are disrupted, according to Kpler.

#Oil #Energy #nationalsecurity
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No radiation from Natanz Fuel Enrichment Plant.

The facility was bombed by Israel-US joint airstrikes yesterday.
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🇵🇰🤝🇸🇦⚔️🇮🇷 Pakistani Air Defence Corps units have positioned LY-80, FM-90 & Anza-series medium and short-range missiles under Saudi command to bolster Saudi Arabia’s air defence network. #InternationalNews #Geopolitics

https://www.news18.com/world/pakistan-moves-air-defense-systems-troops-to-saudi-arabia-as-middle-east-crisis-deepens-exclusive-ws-l-9939789.html
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Defence Procurement Board clears acquisition of 60 Medium Transport Aircraft (MTA) for the IAF.

Contenders in focus: 🇧🇷 Embraer C-390 Millennium (with Mahindra) and 🇺🇸 Lockheed Martin C-130J Super Hercules (with Tata).

Plan: 12 aircraft in fly away condition, 48 to be manufactured in India under Make in India.

A major boost for domestic aerospace manufacturing and tactical airlift capability.

#Defence
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The DPB meeting also cleared the design and development of an unmanned combat drone by DRDO (Most probably Ghatak UCAV) #Drones #Defence
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MoD signed contracts worth a total of Rs 5,083 crore for the acquisition of six Advanced Light Helicopters (ALH) Mk-II (Maritime Role) for the Indian Coast Guard and Surface-to-Air Vertical Launch - Shtil missiles for the Indian Navy. #Defence
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Kerala Cabinet allocates 180 acres of land free of cost to BrahMos Aerospace Thiruvananthapuram Limited in Kattakkada taluk of Thiruvananthapuram district. #Defence
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Indian Development News 🇮🇳
🇺🇸🇮🇱⚔️🇮🇷 President Trump says he has not ruled out deploying U.S. ground forces to Iran if “necessary,” amid ongoing military operations.
With respect to Trump's comment last night regarding US troops on ground, this is topography of Iran.
North and western part shielded by Zagros and Elburz mountain. Then 2 stretches of desert, Dasht-e-kavir and Dasht-e-Lut in North and East.
Nightmare for any ground incursion.

#geopolitics
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The Indian embassy has relocated most Indian students who were in Tehran to safer locations outside the city: Statement #ForeignAffairs
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BREAKING ⚠️💥

ASIAN stock market is crashing

Nikkei main Japan stock index down 4.5% today.
Korean KOSPI 50 down 8.5%

Global market collapse starts.

#economy
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🇮🇳☎️🇰🇼🇴🇲 PM Modi held talks with leaders of Kuwait and Oman; discussed the West Asia crisis and security of the Indian community overseas. #ForeignAffairs
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India's first hydrogen-powered train successfully completed its trial run from Jind(Haryana) at 70 kmph. #Hydrogen #Energy #Railways #Research
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Indian Development News 🇮🇳
Breaking: Qatar Energy to stop production of LNG due to damage sustained by Iranian attacks. Indian company Petronet LNG imports about 35% of India's LNG from Qatar Energy. #Oil #Energy #Geopolitics
Further to the decision by QatarEnergy to stop production of liquefied natural gas (LNG) and associated products, QatarEnergy is stopping the production of some downstream products in the State of Qatar, including urea, polymers, methanol, aluminum and other products: Statement #InternationalNews #Geopolitics
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Abu Dhabi Commercial Bank, the UAE’s third-largest lender ⁠by assets, has been hit by an IT disruption affecting its mobile banking app and ⁠contact center services, the bank ⁠says in a note to customers.

There are speculations that UAE is trying to prevent a bank run which would collapse the system.
#InternationalNews #Economy
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🇮🇳☎️🇶🇦 PM Modi speaks to Qatar Amir Sheikh Tamim bin Hamad Al Thani. Condemns attacks on Qatar, Thanks Qatar for support and care of the Indian community. #ForeignAffairs
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