Kautilya

India Shows Interest to Acquire Russian 2S25M Sprut-SDM1

The export-oriented Sprut-SDM1 is initially intended for naval infantry and ground troops; however, it can be operated as a traditional light tank in an effective manner. The platform’s armament suite integrates a 125 mm tank cannon, a guided weapon, and a remotely operated weapon system with a 7.62 mm general-purpose machinegun. It should be mentioned that the Sprut-SDM1 fires on-the-move and when swimming. Its sensor suite allows the crew to engage targets round-the-clock and in low-visibility environments. The light tank also features a modern highly automated fire-control system.

Govt Amends Certain Indian Accounting Standards

The government has amended certain Indian Accounting Standards (Ind-AS), including the standard relating to leases amid the coronavirus pandemic.
Ind-AS 103, 116 and some other standards have been amended by the Corporate Affairs Ministry.