PROPELLANT TANK PRODUCTION
ISRO Chairman inaugurates HAL facilities, rocket manufacturing capacity gets a boost
ISRO Chairman S Somanath inaugurated state-of-the-art propellant tank production and CNC machining facilities at Hindustan Aeronautics Limited's Aerospace Division, enhancing rocket manufacturing capacity. These facilities will enable HAL to meet ISRO's growing demand for six LVM3 rocket launches per year, up from the current capacity of two. Somanath emphasized HAL's potential in future missions, while HAL's Chairman C B Ananthakrishnan highlighted the collaboration's role in accelerating human spaceflight missions and Next-Generation Launch Vehicles. The new facilities will produce high-performance fuel tanks and precision components critical for LVM3 rockets.
Concerned about China providing inputs to Russia's defence industrial base: US
US National Security Advisor Jake Sullivan expressed concerns about China's support to Russia's defense industry, emphasizing the Biden administration's concerted efforts with allies to address this issue. Responding to the UK Defence Minister's claim that China is providing lethal aid to Russia, Sullivan clarified that the US has not observed direct weapon transfers but is worried about China's contributions to Russia's defense production. British Defence Minister Grant Shapps accused China of supplying combat equipment to Russia, noting increased trade between the two nations.
South Korea, Romania pledge defence cooperation amid reports of contract in works
South Korea and Romania have pledged to enhance defense industry cooperation, including joint production of weapons, as South Korea aims to become the world's fourth-largest arms exporter. South Korea's Hanwha Aerospace is reportedly in talks for a 1 trillion won ($725.7 million) deal to supply K9 howitzers to Romania, its first defense contract with the country. Meanwhile, Poland is set to sign a $1.6 billion contract for 70 Chunmoo rocket artillery units from Hanwha Aerospace, as part of its $22 billion arms purchase from South Korea.
Electric motorbikes on course to take charge of EV space
Many startups and traditional players are set to launch vehicles that match ICE models in terms of performance, range and price. Until now, e-scooters have been leading the way in the EV sector for two-wheelers. However, this trend is expected to shift as numerous high-performance, zero-emission e-motorcycles are poised to enter the Indian market at prices comparable to their petrol-powered counterparts.
Global wind output primed for new peak as spring breezes blow: Maguire
A combination of shifts in jet streams and changes to the sun's angle on the earth tend to increase wind speeds at turbine level during the spring months, and lead to higher levels of wind power generation than at other times of the year.
Where is Hamas getting its weapons from? Increasingly, from Israel
Israeli military and intelligence officials have discovered that a significant number of weapons used by Hamas in recent attacks originated from unexploded Israeli munitions in Gaza. Despite an Israeli blockade, Hamas has been repurposing explosives from failed Israeli missiles, contributing to its arsenal. The unexpected source highlights the unintended consequences of Israel's own military actions, as the weapons it used in enforcing a blockade are now being turned against them by Hamas.
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Big movers on D-Street: What should investors do with Trident, Titan and Godrej Consumer?
Stocks that were in focus included names like Trident, which rose 19%, Titan, which fell 0.04%, and Tata Steel, whose shares declined 3.68% on Monday.
Indian light tank for high altitude operations to be ready this month
Developed in record time, the light tank will undergo a series of trials in December as work on the prototype is nearing completion. The need for a light tank - in the 25 tonne category - was felt after tensions built up in eastern Ladakh in 2020 and China deployed light armour at high altitude locations.
GTRI for stringent measures to curb India's rising consumption of harmful processed foods
GTRI has recommended that the Indian government implement stringent policy measures to curb the rising consumption of harmful processed foods. The Global Trade Research Initiative (GTRI) recommends increasing taxes on unhealthy food items and conducting public health campaigns to help consumers make informed choices about their food.
Can hydrogen propel the decarbonisation of India’s transport sector?
Hydrogen-powered vehicles are being pursued globally due to concerns over critical mineral supplies, long charge times, and range anxiety of BEVs. Despite this, studies have shown that BEVs are more cost-effective and energy-efficient than hydrogen fuel cell vehicles (FCEVs). The development of a robust policy and regulatory framework for hydrogen production, storage, and transportation is essential for India's hydrogen goals.
Poland displays military might in huge parade as elections loom
Russia's invasion of Ukraine has made boosting the armed forces a priority for Poland's ruling nationalists Law and Justice (PiS), and with the election campaign in full swing the immense display of military hardware provided a chance to burnish their security credentials. The Armed Forces Day parade, taking place on the 103rd anniversary of Poland's victory over the Soviet Union in the Battle of Warsaw, saw 2,000 soldiers from Poland and other NATO countries march through the capital accompanied by 200 items of military equipment and 92 aircraft.
Despite concerns, US to send 31 Abrams tanks to Ukraine
The U.S. decision came on the heels of Germany agreeing to send 14 Leopard 2 A6 tanks from its own stocks. Germany had said the Leopards would not be sent unless the U.S. put its Abrams on the table, not wanting to incur Russia's wrath without the U.S. similarly committing its own tanks.
Vedanta boss Anil Agarwal meets Aman Gupta, calls him India's favourite 'Shark'
Anil Agarwal went on to laud Aman Gupta for spearheading an Indian brand into the global arena.
Cabinet decision on private 5G networks to spur efficiencies, productivity, lead to economic gains for country: BIF
The Notice Inviting Applications (NIA) for the Spectrum Auction released on Wednesday, permits all the four methods of allocating spectrum for Private 5G Networks as recommended by TRAI – including the option of enterprises obtaining spectrum directly from the DoT. This provides enterprises the much-required right to develop their private 5G networks based on the specialised requirements for their distinctive captive use.
Tanks, but no ammo; Germany's Ukraine pledge shows military muddle
Kyiv's pleas for heavy weapons have intensified since Moscow turned its firepower on Ukraine's east and south. But one reason for Germany's delay was a lack of ammunition, industry sources and Ukraine's ambassador said - a fact that was well-known to Berlin when it first made the pledge. The confusion underlines how Russia's invasion of Ukraine on Feb. 24 has caught Berlin on the back foot. Germany is starkly ill-equipped for military action, its army chief has said.
Pakistan finds main battle tanks and artillery guns from China faulty
Sources have told ET that there have also been delays in supply of field artillery guns by China's NORINCO (North Industries Corporation) and the production of main battle tanks have been temporarily halted as investigations are on to determine the reason for the faults.
This thinly tracked PSU stock can propel your wealth by 60% in a year
After ICICI Securities recently initiated coverage on the PSU’s stock, it has been projected to move up 60 per cent in 12 months. The stock is tracked by just two other analysts. They are also bullish on the counter.
Defence Ministry clears acquisition of military hardware worth Rs 2,000 crore
The Defence Acquisition Council, the ministry's highest decision-making body on procurement, cleared the proposals.
Ordnance Factory Board aims to create self-suffiency in defence production
We are creating added capacities in the production of T-90 tanks and Pinaka rockets at the various ordnance factories, S K Chowrasia, member, OFB, said.
India now matters to US interests in virtually every field: American think tank
"The US should demand that Pakistan meet its obligations as a state to tackle terrorism emanating from its territory, in both India and Afghanistan.
Defence equipment production made easy; commerce ministry to give licences
The licences will be issued to the prospective manufacturers by the DIPP under the home ministry's "supervision and control", the notification said.
F-16 production can make India fighter jet export hub: Lockheed Martin
F-16 production would place India at the centre of the world's largest fighter aircraft ecosystem, creating "unmatched" Make in India opportunities and export potential, Lockheed Martin said.
G20 summit facing systemic worldwide challenge after the 2008 meltdown
The developed world reels from anti-trade and anti-immigrant populism and emerging economies are stuck in the slow lane.
Sensex, tanks over 200 points, Nifty50 tops 8,600; Cipla up 5%
The PPI numbers for euro zone, and industrial production, housing starts and CPI numbers for the US are also scheduled for release later in the day.
ISRO has set up committees for production of satellite launch vehicles with private sector
ISRO has set up two steering committees to work out a comprehensive strategy for production of satellite launch in partnership with industry/pvt sector.
How iSPIRT is helping Indian software product startups get exposure to international markets
iSPIRT’s focus is Indian software products companies. Its goal is to make India a product nation, says co-founder Sharad Sharma.
India, US to kick off joint production on 4 defence projects
Renewing their expansive defence framework India and the US have decided to kick off joint manufacturing of four relatively modest military products.
IT software product industry can touch $100 billion in next decade with purposeful action: Report
India’s software product industry can touch the $100 billion (Rs 6.2 lakh crore) mark in the next decade according to a report by an industry think tank.
Nasscom sets up 'product council'
Software industry body Nasscom today announced setting up of a 'product council' to help develop the product ecosystem in India.
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