Russian firms buy $4 billion worth of India-made arms, pay in Indian Rupee
MOSCOW/NEW DELHI : Exporters in Russia, who started trading with India using Indian rupees, have recently spent nearly $4 billion to buy India-made defence equipment and armaments, among other imports and Indian securities. This
India could export Ammunitions of over Rs 60,000 Cr: P Upadhyay, DG, Naval Armament
NEW DELHI : The government implemented many policy reforms and put 4,250 items on the positive indigenisation list to promote indigenous production which could lead to the ammunition export of Rs 60,000 to 70,000
Crew of MSC Aries released, claims Iran
TEHRAN : All the Indian sailors on board the Portuguese flagged vessel MSC Aries have been released, the Iranian Foreign Ministry announced on May 3. This information was shared by Iran’s Foreign Minister Hossein Amirabdollahian in a
India & US to expand naval ship repair network
NEW DELHI : The US and India are auditing Kolkata Port as they are looking for a new Master Ship Repair Agreement (MSRA) that will allow US warships to access repair services at the port, according
US sanctions over dozen firms, including 3 from India, for ties with Iran
NEW DELHI : The US slapped on Thursday sanctions on over a dozen companies, individuals and vessels, including three from India, for facilitating illicit trade and UAV transfers on behalf of the Iranian military.
US-led forces intercept Houthi missile and drones targetting ‘MV Maersk Yorktown’
WASHINGTON : A coalition vessel successfully engaged one anti-ship ballistic missile launched from the Iranian-backed Houthi “terrorist-controlled areas” in Yemen over the Gulf of Aden, the US Central Command said on Thursday. “The
Indian Coast Guard & Royal Oman Police Coast Guard officials meet
NEW DELHI : The 5th Annual High-Level Meeting between the Indian Coast Guard (ICG) and the Royal Oman Police Coast Guard (ROPCG) took place in New Delhi on April 23, 2024, marking a significant milestone
Shipping industry urges UN to protect vessels after Iran seizure
LONDON : Merchant ships and seafarers are increasingly in peril at sea as attacks escalate in the Middle East and the United Nations must do more to protect supply chains, the industry said in