Thursday, May 2, 2024

Govt’s Firm Stand On Buying Russian Oil; Saves $8 Billion In India’s Import Bill


New Delhi: India’s strategy of continuing to buy cheap oil from Russia despite Western pressures against these purchases has resulted in the saving of around $7.9 billion in the country’s oil import bill during the first 11 months of the fiscal year 2022-23 and also helped the country to lower its current account deficit.

Prime Minister Narendra Modi-led government has stood firm in maintaining its ties with Russia despite the Western sanctions against Moscow.

In fact, during April this year, India imported more Russian oil but less from Iraq and Saudi Arabia than it did a month earlier, according to data compiled by trade tracking agencies Kpler and LSEG.

The imports during April went up by 13-17 per cent, the data shows.

Russia remained India’s top oil supplier in April followed by Iraq and Saudi Arabia, the data showed.

Its oil imports from Iraq declined by 20-23 per cent, the data showed.

Since India is the third-largest importer of crude oil in the world, these large purchases of Russian oil have also helped to keep prices in the world market at more reasonable levels, which has benefited other countries as well.

Data compiled by the Ministry of Commerce and Industry shows that in volume terms, the share of crude petroleum imported from Russia jumped to 36 per cent in 11 months of FY 2024 from 2 per cent in FY2022, while that from West Asian countries (Saudi Arabia, the UAE and Kuwait) fell to 23 per cent from 34 per cent.

The discounts on Russian oil generated huge savings in the oil import bill. According to an ICRA report, the imputed unit value of imports from Russia was 16.4 per cent and 15.6 per cent lower than the corresponding levels from West Asia in FY 2023 and 11 months of FY2024, respectively.

ICRA estimates this to have led to savings in India’s oil import bill amounting to $5.1 billion in FY 2023 and $7.9 billion in 11 months of FY 2024, thereby compressing India’s current account deficit (CAD)/GDP ratio by 15-22 bps in FY2023-24.

According to ICRA’s calculations, a $10 per barrel uptick in the average crude oil price for the fiscal pushes up the net oil imports by around $12-13 billion during the year, thereby enlarging the CAD by 0.3 per cent of the GDP. Accordingly, if the average crude oil price rises to $95 a barrel in FY2025, then the CAD is likely to widen to 1.5 per cent of GDP from our current estimate of 1.2 per cent of GDP for FY 2023-24.

(With Agency Inputs)


Indo-US Defence Collaboration Intensifies During 2-Day Meet In New Delhi


New Delhi: The Indo-US joint working group, operating under the Defence Tech and Trade Initiative (DTTI), convened for a pivotal two-day meeting in New Delhi to bolster defence collaboration between the two nations, the Indian Air Force said.

The meeting held on Monday and Tuesday was led by Indian Air Force Deputy Chief Air Marshal Ashutosh Dixit and American Brig Gen Joel W Safranek, the co-chairs of the group, the discussions centred on leveraging the respective strengths of both partner nations to enhance defence cooperation and co-production.

During the intensive sessions, key officials, including Brig Gen Joel W Safranek and Air Vice Marshal George Thomas, Assistant Chief of the Air Staff (Plans), delved into strategic plans aimed at deepening bilateral defence ties. The focus was on overcoming challenges through partnership and cooperative research, in line with the objectives set forth by the DTTI mechanism established in 2012.

Indian Air Force shared details of the meeting saying, "On 29 and 30 Apr 24, the Indo-US joint working group under the Defence Tech & Trade Initiative between #USA & #India held a two-day meet at New Delhi where Brig Gen Joel W Safranek, Director, #AFSAC met Air Marshal Ashutosh Dixit #DCAS@IAF_MCC."

"The co-chairs of the group, Brig Gen Joel W Safranek, Director and Air Vice Marshal George Thomas, Assistant Chief of the Air Staff (Plans) discussed innovative plans to leverage the strengths of both partner nations to enhance defence collaboration and co-production. DTTI is a mechanism developed in 2012 to deepen bilateral defence cooperation focused on overcoming challenges by partnership and cooperative research," it added.

Earlier last month, lauding the partnership with India, the United States Secretary of Defence, Lloyd Austin said that the deal between the two nations to produce jet weapons in collaboration is revolutionary.

Underscoring that India and the US are also co-producing an armoured vehicle, Austin said that such joint ventures will provide great capabilities.

The landmark jet engine deal was revealed in June of last year, during Prime Minister Narendra Modi's historic official state visit to the US. To produce fighter jet engines for the Indian Air Force, General Electric and Hindustan Aeronautics signed a memorandum of understanding.

This report is auto-generated from a syndicated feed


Why Imminent Modernisation of DRDO Will Be A Short In The Arm For The Armed Forces

BrahMos missile being fired from INS Rajput, was 1st warship to be equipped with the missile

Two DRDO veterans (Dr Narayanan & Dr V K Aatre) argue as to how it can develop future technologies if it is not involved in developing the technologies, weapons, platforms and systems of today. They warn against attempting fundamental changes without a full understanding of the DRDO’s role, capabilities and track record so far

The Defence Research and Development Organisation (DRDO) makes news often with public announcements of its achievements, drawing the admiration of many Indians. There are also discordant voices at times, casting doubts on DRDO’s capabilities. It is time to tell the story objectively and in public. In full disclosure, the authors state that we have been intimately associated with DRDO for many decades and that we have had little to do with DRDO since our superannuation nearly two decades back. We believe our article to be credible because the arguments are evidence-based.

When the DRDO was established under the Ministry of Defence in 1958, the development mandate of the organisation was limited to import substitution of components. The annual budget was meagre, with a very little foreign exchange component. When the Department of Defence R&D came into being in 1978, the emphasis was restated in favour of indigenous development of complete systems and weapon platforms. An increase in budget allocations came in the mid-1980s, taking it closer to 5% of the defence budget. A cluster of major weapon system development projects such as guided missiles, main battle tank Arjun, multi-barrel rocket launchers, the TEJAS fighter aircraft and an Aerial Early Warning System for the IAF, torpedoes and sonars for the Navy, UAVs, radars, communication systems and Electronic Warfare systems were taken up by the DRDO during the 1980s and 1990s, responding to the felt needs of the Services.

It is a matter of record and great satisfaction that most of these development programs succeeded and their outputs found their place in the Indian arsenal, through serial production in the defence PSUs such as HAL, BEL, BDL and the Ordnance Factories. However, many of the development projects exceeded the timelines stipulated, causing problems in induction plans of the Services. Despite some dissatisfaction on this count, it is a fact that the cumulative value of these first-generation weapons and systems accepted by the Services between the years 2000 and 2020 exceeded ₹3 lakh crores, and climbing.

The imperative of indigenous development from the financial angle and for the skills and employment generation in the country is obvious. A little less obvious is the fact that the technology and systems development capabilities of DRDO has helped to make India “a smart buyer” when the need arises.

To get a good overall assessment of where DRDO has arrived in 2024, we only need to note the highlights which made an impact on the minds of the people at large as well as the leadership of the country over the last 5 years.

In April 2024, India delivered the first batch of BrahMos supersonic cruise missiles to Philippines under a $375-million deal concluded in 2022. All the 3 Services in India are already equipped with BrahMos.

In March 2024, DRDO performed a spectacular technological feat with the successful test-flight of the Agni-5 nuclear-capable intercontinental ballistic missile (ICBM) with a strike range of more than 5,000 km and equipped with Multiple Independently Targetable Re-entry Vehicle (MIRV) technology. Prime Minister Narendra Modi publicly lauded the efforts of DRDO.

The Annual Report of the Ministry of Defence lists a dozen successful test flights and other events concerning indigenous guided missiles during the year 2022 alone. They include Submarine Launched Ballistic Missile (SLBM) from the nuclear-powered submarine INS Arihant, Ballistic Missile Defence interceptor AD-1 missile, Hypersonic Technology Demonstrator Vehicle, and others.

Earlier, in March 2019, Prime Minister Modi surprised the world with his announcement that India had become the fourth country in the world to conduct an anti-satellite (ASAT) missile test to destroy an orbiting satellite kinetically (that is, by direct collision).

In January 2021, the procurement of 83 TEJAS MK-1A fighter aircraft and 10 Trainer aircraft at a cost of ₹46,000 crore was approved by the Union Cabinet. Then then IAF Chief R K S Bhadauria asserted that the DRDO/HAL TEJAS is far better than the Chinese-Pakistani JF-17 fighter jets. In December 2023, a second deal for 97 additional TEJAS fighters was cleared by the Defence Acquisition Council. In April 2023, HAL inaugurated a third production line for the TEJAS at Nashik, increasing annual production capacity. All this from the seeds sown by DRDO in 1980s.

DRDO developed Airborne Early Warning and Control System (AEW&CS) NETRA played a crucial role during the Balakot strike in 2019. Following the induction of the first system in 2017, subsequent acquisition of the second and third NETRA systems by the IAF is a testimony to the program’s success.

In November 2020, DRDO successfully flight-tested the enhanced version of Pinaka, the multi-barrel rocket launcher (MBRL) system used by the Indian Army and which saw combat action in Kargil in 1999. In August 2020, the government signed a ₹2,580 crore contract with TATA Power Company, L&T and Bharat Earth Movers Limited for supplying six regiments of Pinaka MK-1 MBRL systems to the Indian Army, to be delivered by 2024

What of the crucial subsystems, components and materials which render these systems truly indigenous?

Many accomplishments such as the test flight of the Autonomous Flying Wing Technology Demonstrator (2023) (a big step towards the realisation of combat UAVs of the future), the Uttam Active Electronically Scanned Array Radar (AESAR) Fire Control System for TEJAS MK-2 and other frontline fighters of the IAF, and many other such systems can be counted. The DRDO achieved an important milestone in the development of Air Independent Propulsion (AIP) system for submarines by proving the land-based prototype in March 2021, to enhance the submerged endurance of diesel–electric submarines. A contract has been signed with a major Indian engineering industry to build two AIP system modules for Indian Navy submarines. The aircraft carrier INS Vikrant and other frigates make extensive use of the special grade steels developed by the DRDO. The technology developed by DRDO for naval grade plates was adopted successfully by the Rourkela Steel Plant (RSP) and supplied to the naval constructors in thousands of tonnes.

Thus, one sees DRDO as a vibrant Science &Tech organisation of long standing and a great track record of delivery, focussed on carrying out its mandate of helping the Armed Forces to become more and more technologically self-reliant and adapting itself to the new milieu of international cooperation, Indian private industry participation and creative interactions with the academia.

Despite all these contributions over the last three decades, one is not surprised to see an amount of discordant criticism of DRDO’s performance in the public space, unmindful of the actual track record. It is natural for a public-funded institution in a free and open society to be subjected to scrutiny, even criticism, whether deserved or due to information gaps. Citizens are quite justified to be concerned about why India should continue to depend heavily on imports for defence. Of course, we cannot lose sight of the global arms bazaar and other vested interests – those who stand to lose significantly if indigenous development succeeds -- and their role in generating and propagating erroneous perceptions.

The questions and criticisms can and should be answered, and improvements brought about by persistent efforts, with more objectivity on all sides, better communication, and national policy affirmation favouring self-reliance.

That is why one is astonished, even shocked, to see the recommendations of a recent expert committee constituted by the Ministry of Defence under the chairmanship of a former Principal Scientific Adviser to the Government of India on “Redesigning DRDO.” Going by what has appeared in the media so far, the committee recommends many radical changes.

At the outset, everyone would be glad to see the recommendation of the committee regarding the creation of a ‘Defence Technology Council’ under the chairmanship of the Prime Minister, conveying the importance and urgency of the Atmanirbharta mission in defence systems procurement. Similarly, the recommendation regarding empowering DRDO to undertake even more forward-looking research would be welcomed by many.

However, quite astonishingly, the report proceeds to recommend fundamental changes in the well-proven structure and mandate of DRDO, without throwing any light on what actually is the shortcoming in the existing system. One is surprised to see the measurable accomplishments of DRDO and the Department of Defence Production over the last five decades brushed aside casually as “some achievements.” Worse, the report appends the presentation made by DRDO to the committee highlighting its achievements amidst the challenges and distances itself from it with the statement that the committee does not endorse the DRDO presentation. It is difficult to believe that any good review can come out of such adversarial attitudes.

The creation of a new ‘Department of Technology and Innovation’ within the Ministry of Defence has been recommended without explaining why the existing Department of Defence R&D and the Department of Defence Production are not adequate to promote and manage a larger involvement of MSMEs, Indian corporates and foreign companies. The committee restricts DRDO’s role to carrying out frontier research of relevance to futuristic goals in defence application, displaying a lack of comprehension of what it takes to navigate the waters of research, development and production of defence systems.

It is not our case that Indian industry cannot be entrusted with this entire chain of responsibilities. Many big and medium-scale industries are already engaged successfully in these activities for over three decades, with the full support of DRDO. There is certainly a strong case for the Indian industry to take up full responsibility for the development and production of select projects, based on objective assessment of capabilities. That is the way to go in the long run. How does one determine that we have arrived there already, without analysis of evidence and realistic planning? To exclude the DRDO and its decades of experience in defence systems development is to commit hara-kiri with national security.

It is also not understandable how one can consider redesigning the “defence technology ecosystem” without due attention to the issues concerning forward planning and requirements formulation in weapons and systems acquisition by the Services, budgetary allocations on a long-term basis, role and utilisation of existing defence production infrastructure, and many other issues. And how would the new system interface and interact with the Defence Acquisition Board under the Raksha Mantri and the Defence Procurement Policy, evolved through painstaking efforts over the last 20 years?

Regrettably, the recommendations of the committee on reconfiguring a scientific institution like the DRDO into 10 national laboratories, and other such statements, disclose a strong preference to pre-determined ideas, with little inclination to analyse the root causes of what keeps India in the top place in the global arms importers list for over a decade now. We hope earnestly that the government will decide the course of action keeping in mind the moral of the wise fable about the goose that lays golden eggs.

Dr Narayanan was formerly Director, Aeronautical Development Establishment, and Chief Adviser, DRDO; Dr Aatre was formerly Scientific Adviser to the Defence Minister and Secretary, Department of Defence R&D


What Is China Achieving By Restructuring Its Military?


Xi Jinping has announced the splitting of the Strategic Support Force into three different verticals—Information Support Force, Cyberspace Force and Aerospace Force. Here’s why read more

by Maj Gen Harsha Kakar (Retd)

On 31 December, 2015, the Chinese PLA underwent a most talked about transformation leading to the creation of the Strategic Support Force (SSF). It was supposedly ‘designed to better integrate space, cyber, and electronic warfare capabilities into PLA operations’, reported FirstPost.

Rand in a research paper of 2017 mentioned, ‘It appears that information warfare, including space warfare, long identified by PLA analysts as a critical element of future military operations, has entered a new phase of development in which an emphasis on space and information warfare, long-range precision strikes, and the requirements associated with conducting operations at greater distances from China has necessitated the establishment of a new and different type of organisation.’

Xi Jinping took credit for the creation of the SSF and exploited it to gain an unprecedented third tenure as President in 2023. The SSF was touted as a unique organisation responsible for supporting all other PLA entities with space, cyber, and electronic warfare capabilities. Under a year into his third term, on 19 April, 2024, Xi announced the splitting of the same SSF into three different verticals—Information Support Force (ISF), Cyberspace Force and Aerospace Force.

While the Information Support Force (ISF) would be a new branch, the other two, Cyberspace and Aerospace forces would emerge from the erstwhile SSF. As per Japan Times, ‘The changes are aimed at better adapting China’s military to the “informatisation” conditions of modern warfare. The restructuring will lead to “better deployment” of satellite systems, cyberspace, and when conducting electronic warfare.’

These verticals will now function directly under the Central Military Commission (CMC), driving the message that they would be under the watchful eye of Xi Jinping. With this restructuring the PLA would comprise four arms—army, navy, air and rocket forces—as also four independent verticals, the existing Joint Logistics Support Force and the new three, created by splitting the SFF.

For how long this reorganisation was on the cards is unknown, however, what is clear is that no restructuring is implemented without detailed deliberation and assessment at the highest levels. This is so because restructuring creates instability and uncertainty in an organisation. It takes time for the organisation to settle down and re-commence its functioning. Too many changes also send a wrong message to adversaries.

The restructuring also conveys that there were either shortfalls in the functioning of the SSF or that it had been initially tasked to build requisite capabilities within the cyber and space forces which it fulfilled. The capability development aspect appears to be possibly correct as the deputy head of the erstwhile SSF as also its political commissioner were transferred to the newly created ISF, with the former deputy leading it.

Xi was himself present for the launching of the ISF and mentioned that the organisation will play ‘a crucial role in advancing the Chinese military’s high-quality development and competitiveness in modern warfare’. The PLA daily wrote about the creation of the ISF, ‘In modern warfare, victory hinges on information. The struggle is between systems, and whoever commands information superiority holds the initiative in war.’

It is evident that the ISF would be exploited, apart from projecting the Chinese narrative in future operations, also to broadcast what Xi’s desires through the PLA thereby enhancing his hold on the organisation. Of the three, the ISF remains the most essential organisation.

The Chinese defence ministry spokesperson, as part of his press briefing, described Cyberspace Force as, ‘reinforcing national cyber border defence, promptly detecting and countering network intrusions and maintaining national cyber sovereignty and information security’. There was also a mention that it would be responsible for ‘offensive cyber operations,’ implying that the CMC would determine target nations for cyberattacks. Many Western nations as also India have faced cyberattacks from China.

On the Aerospace Force, the spokesperson mentioned it will ‘strengthen the capacity to safely enter, exit and openly use space’. Space is the next dimension of warfare and is gaining importance all across the world. Space will play a major role in future conflicts. Most modern armed forces, including India, have created space commands.

By placing these newly created organisations under the CMC, the Chinese are confirming that these new structures need close supervision and direction. Further, as proved by the erstwhile logistics support force, effectiveness and integration is better when central organisations are directly controlled by the CMC, rather than being employed through layers of command.

Various views are being projected on why the SSF was split within years of being touted as the most profound change in the PLA. Some analysts have mentioned that corruption scandals of the rocket force could be the reason. This may be partially true as technology dominated organisations demand high investment which provide incentive for corruption. Hence, by placing them under the CMC, a direct check could be maintained.

The second reason being touted is the balloon incident of Jan-Feb 2023. A Chinese unguided surveillance balloon, carrying monitoring equipment, was shot down over continental US by fighter aircraft at a height of 65,000 ft. The Chinese claimed it veered off course while the US insisted it was on an intelligence gathering mission.

It led to deterioration in ties between the two nations. The launching and monitoring of the balloon would have been the responsibility of the SSF and under it the Aerospace Force. There are reports that Xi did not take kindly to this lapse. Closer monitoring by the CMC would prevent such reoccurrences.

The third possible reason being mentioned is lessons from ongoing conflicts in Ukraine and Gaza. In these conflicts projecting the correct narrative is essential in order to gain ascendancy over the opposition. India has experienced Chinese information warfare aimed at defending its claims over Arunachal Pradesh. Renaming parts of the state with Chinese names and projecting its views on multiple media networks is ongoing.

Similar has been the experience of nations competing with China over shoals in the South and East China seas. These operations will now be spearheaded by the ISF. Similarly, cyber and space are domains which can no longer be ignored.

India also possesses its own cyber and space commands, which operate in close conjunction with specialist organisations including ISRO and DRDO. The Indian air chief, Air Chief Marshal VR Chaudhari, mentioned at a recent conference, ‘The traditional boundaries of the land, sea, air, cyber and space domains are increasingly becoming blurred, bringing about a paradigm shift in war fighting.’

Currently China’s relations with most of its neighbours are at an ebb as also are its relations with the US. It is aware that at some stage it would act against Taiwan or possibly India. It would then need to project the right narrative to justify its actions as also support ground operations by cyberattacks and exploitation of space. It is possibly with this view that China has restructured its SSF into three different verticals.

The author is a former Indian Army officer, strategic analyst and columnist


Indonesian Defence Establishment Could Benefit From India's Experience And Successes: Indian Envoy

INS Sindhukesari, docked in Jakarta for the first time in February 2023 for operational turnaround

“We are aware that Indonesia is also keen to build its own defence industry. We are keen to share our experiences in this endeavour,” said Sandeep Chakravorty, Indian envoy in Indonesia addressing the first-ever “India-Indonesia defence industry exhibition-cum-seminar” organised in Jakarta as the two countries mark the 75th year of establishment of diplomatic ties.

This also comes as India looks to expand its defence exports with particular focus on Southeast Asia. The exhibition saw the participation of 36 Indian companies, 12 Defence Public Sector Undertakings (DPSU) and 24 private companies.

“The Indian defence industry is today thriving under the clarion call of ‘Make in India – Make for the World’ initiative. The performance and order books of Indian defence companies are at an all-time high. Indian defence companies have achieved record exports of $2.63 billion in the last financial year and India is poised to become one of the leading defence exporters by 2030,” Mr. Chakravorty said at the event on April 30.

My firm belief is that Indonesian defence establishment could benefit from the experience and successes of their maritime neighbour, he said, adding, “It is this experience that we want to share with you today and partner with you for long-term collaborations in defence sector.”

Shedding light on the evolution of Indian military modernisation, huge dependency on imported weapon systems and the constraints of acquisitions without a domestic manufacturing base, Mr. Chakravorty said, “This has created many challenges in maintaining equipment, life cycle support, upgrades and as just mentioned – the cost.”

Such a dispersed range and scale of military hardware required different training and maintenance protocols, different operating philosophies, non-availability of spares due to geo-political developments and in general - huge stress in keeping the military running, he stated noting the diverse origin of procurements. “There were also challenges posed by export controls and end-use requirements. On occasions equipment and spares when needed were not available.”

Noting that India has one of the largest ecosystem of start-ups with a growing number of them now venturing into the “deep tech” and defence sectors, the envoy highlighted the Defence Ministry’s Innovations for Defence Excellence (iDEX) initiative, an effort to nurture start-ups in defence.

Recently, Philippines took delivery of the first batch of BrahMos supersonic cruise missiles becoming the first export customer for the missile system while Indonesia and Thailand have also expressed interest and held discussions over it. Indonesia has also expressed interest in the Light Combat Aircraft TEJAS among others.

During the visit of Prime Minister Narendra Modi to Jakarta in May 2018, the two countries had elevated their ties to “Comprehensive Strategic Partnership”. Both countries also agreed on the “shared vision of India-Indonesia maritime cooperation in the Indo-Pacific”. “Thus they share a similar vision for a free, open, and inclusive Indo-Pacific region which respects ASEAN [Association of South East Asian Nations] centrality. A collaborative approach to defence development is poised to strengthen their collective maritime security posture,” a statement issued by the Indian Embassy said.

In May, Indian and Indonesian navies are scheduled to conduct the 42nd India-Indonesia Coordinated Patrol (IND-INDO CORPAT). Military exercise “Garuda Shakti” and Navy exercise “Samudra Shakti” are planned to take place towards the end of 2024, the statement noted.

As part of expanding military-to-military engagements, an Indian Navy Kilo-class conventional submarine, INS Sindhukesari, docked in Jakarta for the first time in February 2023 for operational turnaround.



India-UAE Trade Has Surged By 16%, Will Continue To Grow Further, Says Ambassador Alshaali


New Delhi: UAE Ambassador to India, Abdulnasser Jamal Alshaali appreciated the rise in India-UAE trade by 16 per cent and emphasised that gold has played a significant part in the bilateral trade between the two nations.

He made the remarks as the two nations are celebrating two years of the UAE-India Comprehensive Economic Partnership Agreement (CEPA).

While speaking to ANI, the UAE envoy said, "Trade has increased by 16 per cent. This includes oil to USD 85 billion. Interest has grown in UAE companies wanting to invest in India and Indian companies wanting to expand into the UAE, in terms of people-to-people connection and an increase in the numbers of people travelling between the two countries."

"The ebb and flow based on the product and based on what's the area of focus in that year. Gold has increased by 62 per cent. There's machinery, other manufacturing-related products, chemicals among others between the two countries," he added.

The UAE envoy further emphasized the enduring significance of gold in bilateral trade between India and the UAE.

"It will continue to grow. Gold is important and cherished here in India. It's also important for us in the UAE. Gold would continue to be a significant component of bilateral trade between the two countries...Apart from gold and petroleum, food is something, food substance is something which is very important also," the UAE Ambassador said.

Additionally, the UAE Ambassador, Alshaali emphasised that the relationship between India and the UAE extends beyond the trade of oil and petroleum products. He also highlighted the cooperation between the two nations during the COVID-19 pandemic.

"The way we see it is not oil and petroleum products versus food commodities, but we see it as energy security and food security. The UAE has been a very important partner of India when it comes to India's energy security and India has been an important partner for the UAE when it comes to our food security one clear example was what happened during COVID-19," the UAE envoy said.

"This will continue to be the case and this is why you would that have been announced focusing on energy security and food security for each country," he added

The UAE Ambassador said that the UAE envoy said CEPA has been increasing trade and this will continue to be the case over the coming years.

He also underscored the pivotal role of aviation in unlocking the full potential of economic exchange and people-to-people connectivity between the two nations.

"But if we truly want to see what could be achieved in this relationship in terms of economic exchange between the two countries, people-to-people connectivity, an increase in a number of medical tourists, students, travelling between the two countries and their families, and so on and so forth, aviation is key, and aviation is going to be important," Alshaali said.

This report is auto-generated from a syndicated feed

India, Maldives Discuss Potential Areas For Trade Amid Diplomatic Tensions


Male: Amid the diplomatic row between the two countries, the Indian High Commissioner to the Maldives, Manu Mahawar held a meeting with the Maldivian Minister of Economic Development and Trade, Mohamed Saeed to discuss potential areas of trade and economic cooperation.

Maldives Ministry of Economic Development and Trade shared details about the meeting on X saying, "Minister @em_saeed met with Indian High Commissioner to Maldives, H. E. Munu Mahawar, and discussed potential areas for trade & economic cooperation."

In response to the Maldivian Ministry's post on X, the Indian High Commission in Maldives expressed New Delhi's willingness to continue engagement with the island nation.

"We look forward to continued engagements with @MoEDmvfor further enhancing India-Maldives economic cooperation," the Indian High Commission in Maldives posted on X.

Notably, this marks the first meeting between the two countries after Pro-China Maldives President Mohamed Muizzu's ruling People's National Congress (PNC) won a supermajority in the Maldives Parliament. His party won 60 seats in the parliamentary elections.

It is pertinent to know that ties between India and the Maldives become strained since Maldives President Mohamed Muizzu assumed office.

Despite this, India has always retained its soft diplomatic stand for Maldives and continued its engagement.

Notably, the approved quantities are the highest since this bilateral arrangement came into effect in 1981. India and Maldives signed a trade agreement in 1981, which provides for the export of essential commodities.


The quota for river sand and stone aggregates, crucial items for the booming construction industry in the Maldives, has been increased by 25 per cent to 1,000,000 metric tonnes.


There has also been an increase of 5 per cent in the quotas for eggs, potatoes, onions, sugar, rice, wheat flour and dal (pulses).


Moreover, last year, India continued to export rice, sugar and onions to the Maldives despite a worldwide ban on the export of these items from India."India remains strongly committed to supporting human-centric development in the Maldives, as part of its 'Neighbourhood First' policy," the statement by the Indian High Commission in Maldives then stated.


He criticised India during and after the presidential polls and his government also formally requested India to withdraw its troops from Male. However, in March, Muizzu requested New Delhi for debt relief measures, while stating that India would continue to remain the Maldives' "closest ally," local media reported.


(With Agency Inputs)


UAE-India Comprehensive Economic Partnership Agreement Celebrates Two Years of Spearheading Bilateral Trade Growth


Mumbai: Marking a milestone in the enduring partnership between the UAE and India, the Embassy of the UAE celebrated the second anniversary of the Comprehensive Economic Partnership Agreement (CEPA) which has achieved strides in fostering economic growth and collaboration, said a statement from the embassy.

The event was attended by various eminent dignitaries in Mumbai.

India-UAE CEPA, Indian exports of gems and jewellery to the UAE increased by 64 per cent, while exports of Indian drugs and pharmaceuticals increased by 39 per cent, and exports of Indian fruits and vegetables to the UAE saw a 35 per cent rise.

According to the UAE embassy, the UAE-India CEPA was implemented on 1 May 2022 and it offers numerous trade benefits, including the elimination and reduction of tariffs, an open trade environment, and enhanced market access for service providers across various sectors. It also addresses technical barriers and provides access to government procurement opportunities,"

While speaking on the occasion, Abdulnasser Alshaali, Ambassador of the UAE to India, said, "The UAE-India CEPA has emerged as a resounding success story, solidifying our nations' long-standing economic ties and ushering in a new era of prosperity. Over the past two years, we have witnessed remarkable growth in bilateral trade, a testament to the immense potential that exists when our complementary strengths are harnessed effectively.

The CEPA has not only opened new avenues for businesses to benefit from the bilateral partnership but has also fostered deeper integration of our economies, paving the way for increased investment flows and collaboration across diverse sectors."

"The CEPA has spurred advancements in trade, with bilateral exchanges increasing from USD 72.9 billion (Apr 21-Mar 2022) to USD 84.5 billion (Apr 22-Mar 2023) registering a year-on-year increase of 16 per cent," the press release stated.

Major Indian export sectors have benefited considerably since the implementation of the CEPA, with the export of Indian gems and jewellery to the UAE expanding by almost 64 per cent in only two years.

While other critical Indian export sectors, such as drugs and pharmaceuticals, and fruit and vegetable products have also experienced considerable growth, increasing by almost 39 per cent and 35 per cent, respectively.

Beyond direct trade, the CEPA has facilitated numerous investment benefits and spurred a sense of deep sense of confidence and ambition within both the UAE and Indian business communities.

The press release mentions the important role of CEPA and said, "CEPA has been pivotal to the development of several economically transformative projects such as Bharat Mart in Dubai, as well as significant investments by major UAE entities into the Indian economy."

The Abu Dhabi Investment Fund's commitment to establishing a USD 5 billion fund in collaboration with Gujarat's GIFT City, Mubadala's acquisition of an eight per cent stake in Manipal Health, and Lulu Group's strong expansion plans within India's retail market firmly highlight the mutually beneficial impacts of the CEPA.

The establishment of the UAE-India CEPA Council earlier this year further underscores the commitment of both nations to fortify their economic partnership.

Supported by the UAE and Indian governments, the CEPA Council serves to enhance investment and trade ties, further cementing the dynamic and resilient economic relationship that has been created by the implementation of the CEPA. Looking ahead, partnerships in critical industries such as start-ups, women entrepreneurs, micro, small, and medium-sized enterprises (MSMEs), and the services sectors will continue to drive the UAE-India growth story.

The UAE-India CEPA's success reflects the robust alliance between the two countries and the power of economic integration. In marking the two-year milestone of the CEPA, the UAE reaffirms its commitment to deepening its partnership with India.

This report is auto-generated from a syndicated feed

Studies Suggest More Ice On Moon Within Exploitable Depths; ‘ Hidden Water Ice About 5-8 Times Larger’ Says ISRO

ISRO's Chandrayaan-3 became the 1st lander to touch down near the lunar south pole

The study also suggests that the extent of water ice in the northern polar region

Bangalore: A study has revealed evidence for enhanced possibility of water ice occurrence in the polar craters of the Moon, according to ISRO.

The study was carried out by the scientists of Space Applications Centre (SAC)/ISRO, in collaboration with researchers at IIT-Kanpur, University of Southern California, Jet Propulsion Laboratory, and IIT (ISM) Dhanbad.

The recent study suggests that the amount of subsurface ice in the first couple of metres is about five to eight times larger than the one at the surface in both poles, an ISRO statement said.

As such, drilling on the moon to sample or excavate that ice will be primordial for future missions and long-term human presence, the space agency said.

"Moreover, the study also suggests that the extent of water ice in the northern polar region is twice that in the southern polar region," the statement said.

As for the origin of this ice, the study confirms the hypothesis that the primary source of subsurface water ice in the lunar poles is outgassing during volcanism in the Imbrian period, it was stated.

The results also conclude that the distribution of water ice is likely governed by "Mare volcanism" and preferential impact cratering.

The research team used seven instruments comprising radar, laser, optical, neutron spectrometer, ultra-violet spectrometer, and thermal radiometer onboard the Lunar Reconnaissance Orbiter to understand the origin and distribution of water ice on the Moon.

"Accurate knowledge of the distribution and depth of water ice occurrence in the lunar poles, as presented in the investigations, is crucial for constraining the uncertainties in selecting future landing and sampling sites for missions aimed at exploring and characterizing lunar volatiles," the statement added.

This result also supports a previous study of SAC, ISRO pointing out the possibility of the presence of water ice in some of the polar craters, utilising polarimetric radar data from the Chandrayaan-2 Dual-frequency Synthetic Aperture Radar instrument.

Alongside, the presented comprehensive understanding of the occurrence of water ice in the lunar poles, in this study, is crucial for supporting ISRO's future in-situ volatile exploration plans on the Moon, it said.

(With Agency Inputs)


Pakistani Intruder Shot Dead Along International Border In Jammu And Kashmir's Samba


A Pakistani intruder was shot dead by Border Security Force personnel along the International Border in Samba district of Jammu and Kashmir on Wednesday evening, officials said.

At around 8:20 pm the intruder tried to sneak into the Indian side of the border. After he ignored multiple warnings, the BSF personnel fired upon him, they said.

The officials said the incident took place near Border Outpost Regal and reinforcements have been rushed to the area for a thorough search operation.

(With Agency Inputs)


Two Terrorists Held In North Kashmir's Bandipora, Police Says


Srinagar: Police on Wednesday said that they arrested two terror associates in Aragam area of north Kashmir’s Bandipora.

“In a joint operation with Indian Army , Bandipora Police and CRPF arrested two terrorist associates in Aragam,” said police.'

There names are:

01. Hilal Ahmad Gojer Guriyal S/O Kareem Ullah Gojer
02. Mohmad Iqbal Gojer Guriyal S/o Kareem Ullah Gojer,both residents of Chittibandy Aragam Bandipora.

(With Agency Inputs)


India, Norway Extend Health Cooperation With 4th Phase of Norway India Partnership Initiative


New Delhi: Union Health Secretary Apurva Chandra and Deputy Ambassador of Norway Martine Aamdal Bottheim signed the documents for the 4th phase of Norway India Partnership Initiative (NIPI) extending cooperation in various health schemes.

Under the initiative which commenced in 2006 various Indian states including Odisha, Bihar, Rajasthan, Madhya Pradesh and the UT of Jammu and Kashmir have received support to augment facilities in terms of maternal and child health care.

A health initiative between Government of India and Government of Norway, the Norway India Partnership Initiative (NIPI) Phase 3 builds on experiences from NIPI 1 & 2 and focuses on areas of Maternal, Newborn and Child Health.

Aligned with the development goals of Government of India as outlined in its National Health Policy (NHP) 2017 for achievement of Sustainable Development Goals, NIPI-3 is providing catalytic, strategic, technical support to NHM for scaling up of demonstrated best practices in aspirational districts, Strengthening Innovation Development Capacities in the public health system; and Documentation and Dissemination of NHM and NIPI interventions in five NIPI supported States and UT.

The cooperation will continue to innovate, improve and scale up quality continuum of care interventions at community and facility levels, and contribute effectively towards actualizing the Indian Government's National Health Policy (NHPs) Goals.

The Norway India Partnership Initiative (NIPI) was established in 2006, based on an agreement between the Governments of Norway and India to make sustainable efforts to reduce Maternal, Newborn and Child Mortality in India. NIPI's aim is to provide strategic, catalytic and innovative support to India's National Health Mission (NHM) by testing scalable interventions in four high focus states of Bihar, Odisha, Madhya Pradesh and Rajasthan and UT of Jammu and Kashmir.

The first two phases of NIPI (2006-17) were highly successful and both the Governments of India and Norway agreed on the effective and positive outcomes of NIPI and the need to continue this partnership further. This led to signing of a Memorandum of Understanding (MOU) for Phase 3 between the Governments.

Phase 3 builds on the experience of Phase 1 & Phase 2. It will be scaled up to the aspirational districts and also establish an innovation hub. The best practices in maternal and new born child health carried out under the National Health Mission and NIPI will be shared for global dissemination and learning.

This report is auto-generated from a syndicated feed


Turkey Joining South Africa's Genocide Lawsuit Against Israel


Tel Aviv: Turkey announced it is joining South Africa's genocide lawsuit against Israel in the International Court of Justice on Wednesday.

"Our legal experts have been studying how to participate in the legal case against Israel at the ICJ," said Turkish Foreign Minister Hakan Fidan as he announced the move.

Fidan said an application will soon be filed with the ICJ.

During the mid-January hearings, South Africa argued to the judges in the Hague that Israel's military campaign was intended to cause "the destruction of the population" of the Gaza Strip.

Israeli representatives, led by former Supreme Court president Aharon Barak, rejected the claims, arguing that Israel has a right to defend itself, respects international law, and that Palestinian casualties were the result of Hamas embedding its tunnels and military infrastructure in civilian areas.

Israel, which is not a member of the ICJ, also argued that the court has no jurisdiction and asked the court to reject the case outright.

In a provisional ruling issued on January 26, the ICJ ordered Israel by a vote of 15-2 to "take all measures" to prevent "genocide" in Gaza, but did not order the implementation of a ceasefire.

Legal experts said it could take years for a final ruling on whether Israel is committing genocide against the Palestinians. However, a ruling on the genocide claim, while legally binding, would be difficult to enforce.

Meanwhile, Israeli leaders are bracing for the possibility that the International Criminal Court's chief prosecutor, Karim Khan, may soon issue warrants for the arrest of senior Israeli officials for war crimes, including Prime Minister Benjamin Netanyahu, Defense Minister Yoav Gallant, and Chief of the Israel Defense Forces Lt.-Gen. Herzi Halevi. It is also speculated that Khan will ask for warrants to be issued against Hamas leaders.

Although both the ICC and ICJ are based in the Hague, they are separate courts.

Foreign Minister Israel Katz instructed Israel's embassies to "immediately prepare for the outbreak of a severe anti-Jewish and anti-Israeli anti-Semitic wave in the world."

Due to what the Foreign Ministry said is the "seriousness of the threat," Katz also instructed Israeli representatives to impress on local Jewish communities the need to boost security for their institutions.

Israel is not a signatory to the Rome Statute, which founded the ICC.

Further straining Jerusalem-Ankara ties, Turkey gave permission for a provocative flotilla to depart from Istanbul to break Israel's naval blockade of Gaza. The convoy of three ships was spearheaded by an Islamist aid organization with ties to Hamas.

However, the flotilla suffered a setback on Friday when Guinea-Bissau withdrew its flag from two of the convoy's three ships. The Freedom Flotilla Coalition blamed Israeli pressure and vowed that the ships would eventually sail.

At least 1,200 people were killed and 240 Israelis and foreigners were taken hostage in Hamas's attacks on Israeli communities near the Gaza border on October 7. Around 30 of the remaining 133 hostages are believed dead.

(With Agency Inputs)


New Training Command Chief Air Marshal Nagesh Kapoor Takes Charge


Air Marshal Nagesh Kapoor assumed the appointment of Air Officer Commanding-in-Chief (AOC-in-C) Training Command (TC) on 01 May 2024.

Air Marshal N Kapoor was commissioned into the Fighter stream of the Indian Air Force on 06 December 1986. He is an alumnus of the National Defence Academy, Defence Services Staff College and National Defence College. A Qualified Flying Instructor and a Fighter Combat Leader, he has more than 3400 hours of flying experience.

During his illustrious career, the Air Marshal has held numerous field and staff appointments. His operational tenures include being the Commanding Officer of a fighter squadron in the Central Sector, Station Commander of a flying base in the Western Sector and Air Officer Commanding of a premier air base. He has done instructional tenures as Chief Instructor (Flying) at Air Force Academy and Directing Staff at the prestigious Defence Services Staff College, Wellington. During his tenure at Air Force Academy, the Air Officer was instrumental in the induction and operationalisation of PC-7 MK Il aircraft in the IAF. He has also undertaken a diplomatic assignment as Defence Attaché, Pakistan. His staff appointments include Assistant Chief of Air Staff Operations (Strategy) at Air HQ, Air Defence Commander at South Western Air Command and Senior Air Staff Officer at HQ Central Air Command. Before assuming the present appointment, he served as the Air Officer-in-Charge Personnel at Air HQ.

In recognition of his meritorious service, the Air Marshal was awarded with Vayu Sena Medal in 2008 and Ati Vishisht Seva Medal in 2022.

PIB


USAF F-16 Fighter Jet Crashes Near Holloman Air Force Base


Pilot Safely ejects and taken to a Hospital

A USAF F-16 fighter jet crashed west of Holloman Air Force Base in New Mexico, with the pilot safely ejecting, and authorities launching an investigation into the incident. The crash occurred close to White Sands National Park, prompting precautions to prevent exposure to potential hazardous chemicals from the downed plane.

Base officials said the Fighting Falcon went down near White Sands National Park shortly before noon.

The pilot was the only person aboard and was taken by ambulance to a hospital for medical care, base spokesperson Denise Ottaviano said.

Base officials said an investigation was launched to determine the cause of the crash.

The F-16 was assigned to the 49th Wing at the base. The 49th Wing is a remotely piloted vehicle wing of the United States Air Force. It is assigned to Nineteenth Air Force, Air Education and Training Command. It is stationed at Holloman Air Force Base, New Mexico. The wing has fought during the Korean War, Vietnam War, Operation Desert Storm and NATO-led Operation Allied Force over Kosovo.

Authorities said all non-emergency personnel were being told to avoid the crash site to prevent possible exposure to hazardous chemicals aboard the downed plane.

(With Agency Inputs)