What would be your reaction if you were told that your money grows 5% everyday? Yes, you read that right, 5% upward everyday. Paras Defence and Space Technology is a company that got listed in the stock market just recently. The IPO was subscribed over 300 times, which in itself was a record in Indian … Read more
The work on India’s third aircraft carrier, one of the long-cherished dreams of the Indian Navy, will start soon, as recently revealed by Defence Minister Rajnath Singh. Speaking with The Tribune, Defence Minister Singh said that India will soon start making its third aircraft carrier and emphasised that India will not stop at three aircraft carriers. He … Read more
The Bilateral ties between India and Iran are set to strengthen further as India’s shipping minister Sarbananda Sonowal is travelling to Iran on the 13th of May to ink a contract with Iran regarding the strategic Chabahar Port. Minister Sonowal will be signing the agreement under which India will manage the Chabahar Port for the next ten years. With the … Read more
Every nation needs to defend itself from external aggression. It is also true that every nation has different priorities, different challenges and different level of affordability for defense. You cannot expect Maldives or Sri Lanka to have an Aircraft carrieer- it may be on their wish list though. The United States has a total of … Read more
On Wednesday (17th January) Prime Minister Narendra Modi is inaugurating the International Ship Repair Facility (ISRF) of the Cochin Shipyard Ltd (CSL) at Kochi in Kerala. The 310-meter-long drydock built along with India’s first fully developed ship repair ecosystem ISRF is set to become a game-changer for India’s marine sector. Along with this, PM Narendra Modi is also … Read more
Prime Minister Narendra Modi on Tuesday reaffirmed India’s commitment to safeguarding freedom of navigation and combating piracy and terrorism in the Indian Ocean region. His remarks came in response to a message from Bulgarian President Rumen Radev, expressing gratitude for the safe return of seven Bulgarian nationals. On Monday, the Bulgarian President expressed his gratitude … Read more
The Indian Navy on Wednesday rescued as many as 21 crew members, including one Indian national, after it received a distress call from a merchant vessel which caught fire after being hit by a missile in the Gulf of Aden. Taking to X, the Indian Navy said that INS Kolkata swiftly acted against Wednesday’s maritime … Read more
On 4th March, the Defence Research and Development Organisation (DRDO) confirmed that China was sending large Computer Numerical Control (CNC) machines to Pakistan that could be used for military applications. Reportedly, a DRDO team submitted its official report to the competent authority in this regard. The cargo originating from China being sent to Pakistan was intercepted by … Read more
Indian Navy’s newly-acquired Deep Submergence Recovery Vehicle (DSRV) has found the wreckage of the Pakistani submarine PNS Ghazi, which sank on December 4, 1971, during the India-Pakistan war. The Tench-class submarine, previously known as USS Diablo, was found at a depth of roughly 100 metres, about 2 to 2.5 kilometres off the shore. However, in true Navy tradition, … Read more
In a mega boost for the Indian Navy, the Cabinet Committee on Security has cleared the acquisition of over 200 BrahMos extended-range supersonic cruise missiles for deployment on its warships. The deal worth around Rs 19,000 crore was cleared in a meeting held on Wednesday evening, top government sources told ANI. The contract is set … Read more