Indian Development News 🇮🇳
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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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At the 6th India-France Annual Defence dialogue, India expressed its intent to participate in co-development and co-production of 6th generation FCAS programme 🇮🇳🇫🇷

India also pitched for export of Pinaka to 🇫🇷France with potential sale progressed positively.

#Defence
https://www.thehindu.com/news/national/india-pitches-to-join-future-combat-air-system-with-france/article70696418.ece
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India has 25 days of crude oil inventory, 25 days of Petrol and Diesel inventory. India has a total of 8 weeks of crude oil and petroleum products inventory. Only 40% of India's crude moves through the Strait of Hormuz, and 60% of the rest of the crude comes from other sources. India continues to import Russian crude as per previous contracts. India is in a comfortable position in terms of energy security, LPG and LNG. Govt is keeping a close eye on the evolving situation in the Middle East: Govt of India (ANI) #Energy
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Dubai International Airport closed till 4 March 2359 hrs Local Time #Aviation
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🇮🇶 Iraq has halted Oil production at the country's largest field, South Rumaila, the country's Ministry of Oil announced. #Energy #InternationalNews
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