#Indian Defence Giant #HAL Stocks boosted investor wealth by 75% 💹
➡️₹1 lakh invested in HAL at the beginning of 2022 is now worth ₹1.75 lakh.
➡️HAL’s rise could also benefit other defence manufacturers in India.
➡️Indian defence sector has good opportunity for #investors
Amid tension with China, #Taiwan announced plans for a record increase in its defense budget
➡️ Taipei has proposed a defense budget of $13.7 billion for next year, up 13% year on year
➡️ An additional special budget will also be created specifically to acquire new fighter jets
➡️ However, Indian Ministry Of External Affairs has justified it's stance in favour of #Ukraine️ & against #Russia
with following statement-
"We have not voted against anyone,we just voted in favour of proposal to allow speaking". In context of #Zelensky to speak at UNGA.
For the first time, #India votes against Russia in #UNSC
➡️ On August 24, India voted against Russia during a “procedural vote” at the UN Security Council on #Ukraine
➡️ India joined 13 other members of the Council to vote for inviting #Zelensky to speak via a remote video link
Biden's America announces another $3 billion #Ukraine military aid package, despite the economic fallout in US.
According To The data-
➡️ US inflation is arround 9.1%, highest in 40 Years.
➡️ The US economy has shrunk for a 2nd straight quarter, at an annual rate of 0.9%.
#Boeing has made a strong pitch for it's F/A 18 Super Hornet fighter jet for #IndianNavy's 2nd Aircraft Carrier #INSVikrant
➡️ They claim it could bring $3.6 billion into domestic manufacturing
➡️ The offer includes technology transfer etc
But Boeing's offset record is shady !
#Turkish F16s escorting B-52s were radar-locked by #Greek fighters
➡️ Turkish F-16s loaded with AIM-120 & AIM-9 Sidewinder missiles escorted US B-52s as part of the NATO mission.
➡️ During the activity, Greek Air Force's combat aircraft placed radar locks on Turkish F-16s.
#Pinaka extended range rocket trials are going on in the Pokhran firing ranges in Rajasthan.
➡️ Multiple successful test firings have been carried out during these tests.
➡️ The Guided Extended Range Rocket Ammunition has a range of 75 km with an accuracy of 40 meters.
Germany, Slovakia sign tank swap deal to arm #Ukraine.
➡️ According to the deal will supply 15 Leopard 2 tanks to Slovakia.
➡️ In exchange for Slovakia will send 30 Soviet-era BMP-1 fighting vehicles to Ukraine’s aid, the Defence Ministry in Berlin announced.
#UkraineWar
➡️ Due to recent humiliation in #Crimea & assassination of Daria Dugina, Russia is planning something big to punish #Ukraine️.
➡️ US embassy issues new security alert for Ukraine, urges US citizens to leave.
➡️ According to sources Russia is preparing for massive air strikes.
INS Vikrant 2.0 - Countdown has begun...
A sneak peek into the legend's new avatar - Watch the saga unfold #IAC Vikrant
Rebirth Of Legendary INS VIKRANT
But...Bigger & Better 🇮🇳
➡️ Defence Minister Rajnath Singh will attend a defence ministerial conclave of the Shanghai Cooperation Organisation (SCO).
➡️ Chinese Defence Minister General Wei Fenghe and Russian Defence Minister Sergei Shoigu are also expected to attend the SCO meet.
The missile, equipped with indigenous Radio Frequency (RF) seeker, intercepted the target with high accuracy. The VL-SRSAM system has been indigenously designed and developed by India's DRDO.
#DRDO & #IndianNavy successfully flight-test Vertical Launch Short Range Surface-to-Air Missile (VL-SRSAM)
Flight test was carried out from an Indian Naval Ship against a high-speed unmanned aerial target for demonstration of vertical launch capability successfully.
CAC/PAC JF-17 Thunder Grounded
➡️ Large Number of Russian RD-93 engines, installed in #Pakistan's JF 17 jet have cracks in vanes, exhaust nozzles & flame stabilizers
➡️ As a result half of JF 17 are grounded since jan 2022
➡️ Interestingly, #Mayanmar's JF 17 are also grounded
IAC Vikrant to be commissioned on September 2.
➡️ Prime Minister Narendra Modi will commission the country’s first indigenously-built aircraft carrier (IAC) Vikrant on September 2
➡️With the commissioning of ‘Vikrant'
#IndianNavy will have 2 operational Aircraft Carrier.
Pakistan Situation ⬇️
- FATF GREY LIST
- Only $12 Billion Foreign Reserve Left
- Huge Chinese debt, BRI Project Failed
- Political & Economic Instability
- Taliban Don't Recognise Durand Line
- TTP & BLA Army Attack On Pakistan
- Deteriorating Relationship With Saudi Arab & UAE