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Wednesday, April 23, 2025
TopicIndian arms export

Topic: Indian arms export

India second-largest arms importer after Ukraine, reliance on Russia declines, says SIPRI report

Though imports from Russia are down, it still remains India’s largest arms supplier. While sourcing from Israel has also decreased, it has risen from the US & France.

Bought by Armenia, being studied by France, Pinaka rocket system becomes more powerful

Work is also ongoing on a guided Pinaka system with ranges of 120km, 150km & 200km to counter China's long-range guided rocket systems. The existing Pinaka has a range of about 37km. 

India’s defence sector is not Aatmanirbhar. Govt is exaggerating progress

Inclusions of low value spares in Positive Indigenous Lists could artificially magnify the progress made by India’s defence in becoming self-reliant.

As tensions rise with Azerbaijan, Armenia buys Pinaka rockets & ammunition from India

The government-to-government contract, valued at about Rs 2,000 cr, is learnt to have been signed earlier this month. Supplies to be fast-tracked according to Armenia's requirement.

On Camera

Trump tariffs led to a brokerage firm seeing 400% more investments in US stocks. What’s the rush about

A relatively newer player in Indian brokerage space, Gurugram-based INDmoney is the 11th largest firm in the country & the fastest growing, according to NSE.

4 LeT terrorists, including 2 local men with body cams, carried out Pahalgam killings

The attack was not meant to target any group of officers from any intel agency, it is learnt. Security forces have launched a massive manhunt for the group of terrorists.

Abki baar 75 paar—Modi isn’t going anywhere & the Opposition is all out of ideas

Are freebies the way forward for the Opposition? Anything they promise, Modi will improve on the offer. And since he has the power of the incumbent, his promise will be taken more seriously.