Kautilya

DRDO & IAF Jointly Flight Test Long-Range Bomb Successfully

. The LR Bomb, after release from the IAF fighter aircraft, guided to a land-based target at a long range with accuracy within specified limits. All the mission objectives were successfully met. The flight of the bomb and the performance was monitored by a number of range sensors including Electro Optical Tracking System (EOTS), Telemetry and radar deployed by the Integrated Test Range, Chandipur in Odisha. 

Launching Ceremony of Tushil – P1135.6 Follow On Frigate (Ex-Russia)

The 7th Indian Navy Frigate of P1135.6 class was launched on 28 Oct 2021 at Yantar Shipyard, Kaliningrad, Russia in presence of Shri D Bala Venkatesh Varma, Ambassador of India (Moscow) and senior dignitaries of the Russian Federation and officials of the Indian Navy. During the ceremony, the ship was formally named as ‘Tushil’ by Smt Datla Vidya Varma. Tushil is a Sanskrit word meaning Protector Shield.

India Joins the Elite Club of Nations Such as USA, Russia, Japan, France and China to Have Underwater Vehicles for Carrying Out Subsea Activities

The Minister informed that sea trials of 500 metre rated shallow water version of the manned submersible are expected to take place in the last quarter of 2022 and the MATSYA 6000, the deep water manned submersible will be ready for trials by the second quarter of 2024. He said, the advancing technologies in metallurgy, energy storage, underwater navigation and manufacturing facilities provides opportunity for developing more efficient, reliable and safe manned submersible.

Ayush Market Size Crosses US Dollars 18 Billion

As per the Research and Information System for Developing Countries (RIS) report, despite a slump in economic activity in 2020 due to the pandemic, the industry is projected to reach US$ 20.6 billion in 2021 and US$ 23.3 billion in 2022. In terms of global share, India has grown faster in the AYUSH market as compared to the world and accounts for about 2.8 per cent of the market, which is likely to hold even though disruptions in production are not ruled out.

India-EU Trade Talks to Resume by December

According to a Government official, after an eight year pause, India and the European Union (EU) are set to continue talks for a Bilateral Trade and Investment Agreement (BTIA) by December. Another official termed the India-EU connectivity partnership, announced in May, as a “counterfoil” to other such initiatives in an indirect reference to China’s Belt and Road Initiative (BRI).