Thursday, 20 January, 2022
TopicNaval shipyard

Topic: naval shipyard

Jindal Steel, Russian team inspect Anil Ambani’s Gujarat shipyard that’s up for sale

Russia is eyeing the shipyard to buttress its pitch for building six new conventional submarines under Project 75 India, while Jindals see it as a captive client of its own.

High-speed production: Chinese navy built 83 ships in just eight years

Chinese experts produce designs which surpass the most modern ships of the US navy in size, volume, armament and quantity

On Camera

YourTurn

Reserve Bank of India building in Mumbai | Photographer: Kanishka Sonthalia | Bloomberg

Exotic forex derivatives make comeback in India as RBI pushes to deepen markets

RBI allowed lenders to offer derivative products this month. Banks like ICICI Bank & Axis Bank sold barrier forex options to customers including Reliance Industries & Supreme Petrochem.

Defence

File photo of IAF drone seen flying in Leh on 18 Nov 2020 | ANI

Indian firm gets foothold in prized global ‘kamikaze’ and armed drones market

Global demand for loitering munition & armed drones saw a jump after Azerbaijan was able to defeat superior Armenian armed forces in 2020 with the help of these systems.
Illustration by Soham Sen | ThePrint

Read my lips, I’m hurting, says Pakistan’s National Security Policy. What it means for India

The new policy is mostly chaff, but it reveals the most inward-looking Pakistan in 3 decades. It needs breathing space, and is realising loss of stature and friendship with US.
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