US prepares to use rockets for military transport

US prepares to use rockets for military transport

Washington – In the coming times, massive rockets could be used for the freight movement of the US military. The United States is working on this plan. The US air force announced that reusable rockets used in space missions are likely to be used for these services. The US air force also informed that one […]

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India becoming ‘Atmanirbhar’ in the defence sector: Prime Minister Modi  

India becoming ‘Atmanirbhar’ in the defence sector: Prime Minister Modi  

New Delhi: – Prime Minister Narendra Modi assured that any weapons and defence equipment purchased from an Indian company- private or government, will not be imported. India is preparing to become Atmanirbhar (Self-reliant) in the defence sector, wiping out the identity as the largest importer of weapons and defence equipment. The foundation for this has been laid […]

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Centre agrees to provide additional Rs 2.38 lakh crore as non-lapsable fund for modernisation of armed forces

Centre agrees to provide additional Rs 2.38 lakh crore as non-lapsable fund for modernisation of armed forces

New Delhi: Union Finance Minister Nirmala Sitharaman announced that the union government has approved the Non-Lapsable Defence Fund recommendation. As per this, Non-Lapsable Defence Fund of Rs 510 billion will be allocated per year, for the next five years, amounting to Rs 2.38 trillion. This will accelerate the modernisation of the defence forces. Confidence is […]

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Indian forex reserves cross $590 billion

Indian forex reserves cross $590 billion

Hyderabad: Indian foreign exchange reserves have crossed $590 billion. In contrast, the total Indian foreign debt stands at $544 billion. Union Minister of State for Finance, Anurag Thakur expressed satisfaction saying that India has joined the Net Creditor countries’ ranks. In the last one year, Thakur pointed out that there has been a substantial rise […]

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