Kautilya

Navy to Test Rafale-M Jet for INS Vikrant

According to officials in knowledge of the matter, the Rafale-M fighter will be pushed through intensive trial at the 283 metre mock-up ski jump facility at INS Hansa for nearly 12 days to assess whether the fighter aircraft is best suited for IAC-1. The Rafale M fighter is the principal weapon system for French Charles De Gaulle aircraft carrier and has also shown its inter-operability with US aircraft carriers way back in 2008.

Delivery of 50 ton Bollard Pull Tug “Balraj”

These tugs have been designed and built under the classification rules of Indian Register for Shipping (IRS) with a service life of 20 years and are capable of assisting large naval ships, including Aircraft Carrier and Submarines in berthing, un-berthing, turning and manoeuvering in confined waters and in harbour. They also provide afloat firefighting cover/assistance to ships alongside/anchorage and have limited capability for Search and Rescue operations.

India’s Wheat Exports Touched $ 243 Million in 2020 Against $ 50 Million in 2016

In the first seven months (April-October) of the current financial year (2021-22), India’s wheat exports in terms of volume rose by more than 527 per cent to 3.2 Million Tonne (MT) from 0.51 MT reported during April-October period of 2020-21. In terms of value, India’s wheat exports in the current fiscal (April – October) rose by 546 per cent to $ 872 million from $ 135 million reported during the same period of the previous fiscal.

Exports of Products Under APEDA Basket Rose from USD 17,321 Million During 2011-12 to USD 20,674 Million During 2020-21

Exports of agricultural and processed food products under Agricultural and Processed Food Products Export Development Authority (APEDA) basket rose to USD 20,674 million (Rs 15,30,50 crore) during 2020-21, from USD 17,321 million (Rs 83,484 crore) in 2011-12, according to data by the Directorate General of Commercial Intelligence and Statistics (DGCI&S).

Housing Sales are Likely to Rise by 15-20

Despite the strong second wave of the COVID pandemic, housing sales are expected to climb 15-20% above 2020 levels in the calendar year 2021. As infection rates began to decline in July, property sales began to increase. The market for gated communities is expected to surge in 2022, according to real estate developers. Despite the pandemic’s business difficulties, the sector rebounded strongly.