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Union Cabinet approves MoU between ICAI and QFCA
On 13 May 2021, the Union Cabinet chaired by Prime Minister Modi has given its approval for the signing of a Memorandum of Understanding between the Qatar Financial Center Authority (QFCA) and the Institute of Chartered Accountants of India (ICAI). This signed MoU will benefit the Qatar Financial Center Authority and the Ministry of Corporate Affairs, Institute of Chartered Accountants of India. The Indian Institute of Chartered Accountants of India has a strong membership base of over 6000 members in Qatar (Doha) and the Middle East Chapter and is one of the most vibrant chapters of the ICAI. Members of
DRDO 2-DG Medicine For Covid-19 Launched In India
Coronavirus pandemic has wreaked havoc in most parts of the world, including India. DRDO scientists have created this anti-covid drug called 2-deoxy-D-glucose. Defense Minister Rajnath Singh and Health Minister Harsh Vardhan launched the first batch (10,000 doses) of this medicine. Research has been underway since last year on the effects of Covid-19 on all drugs such as hydroxychloroquine, remedicivir, ivermectin, but 2DG is the first drug to be called an anti-covid drug. Let’s know everything about it. 2DG has been developed by the Defense Research and Development Organization (DRDO) Institute of Nuclear Medicine and Allied Sciences (INMAS). Researchers from Hyderabad-based
A first: IAF to participate in multilateral exercise to be held in Gulf region
NEW DELHI: Indian Air Force (IAF) is rapidly gaining traction as a partner of choice to participate in wargames across the world. The flexible approach of IAF to exhibit their prowess in the high-altitude region of Ladakh, deserts of Rajasthan and the Indian Ocean region is attracting every eye. After successful participation in the American ‘Red Flag’ in 2016, the Israeli ‘Blue Flag’ in 2017 and the Australian ‘Pitch Black’ wargames in 2018, the IAF is all set to join their Gulf counterparts in a multilateral exercise. According to a report, the joint exercise will witness the entire range of
China planning to deploy advanced drones along the India border
NEW DELHI: Reports published in a leading Chinese daily suggests that one of their legislator Hou Yun, who also serves as a commander with China’s People’s Liberation Army (PLA) Tibet military command has proposed deployment of fixed-wing drones, such as the GJ-1 and GJ-2 armed reconnaissance drones along the India border for heightened security. However, the proposal is still in the initial stages and Hou Yun is seriously mulling to put forth the idea for discussion before the Chinese Parliament. It is worth mentioning that the Chinese Army had deployed small or medium-sized drones during the recent standoff with the
China Support India’s Hosting For BRICS
China has supported the BRICS conference to be held in India this year and said that it will work closely with New Delhi to strengthen the group of five countries with an emerging economy. India has assumed the position of President of BRICS for 2021 and it is ready to organize this year’s conference. India will chair the BRICS, Brazil, Russia, India, China, South Africa organization this year. India is preparing to host the BRICS Annual Conference. On 19 February, External Affairs Minister S Jaishankar initiated the BRICS-2021 website of India at the BRICS Secretariat at Sushma Swaraj Bhawan, New
India will join Russia and Iran for two-day naval exercise
India has joined the two-day naval exercise of Iran and Russia, which has been named as ‘Iran-Russia Maritime Security Belt 2021’. This naval exercise is taking place in the northern part of the Indian Ocean. The forces and ships of the Iranian Army and Islamic Revolutionary Guard Corps – Naval Divisions of the IRGC participated in the drill, which began on February 16, 2021, with several Russian Army ships. The spokesman of this drill, Gholamreja Tahni, stated that, the Indian Navy has also joined this naval exercise with a select group of ships. He further said that the exercises Iran
India will give US $ 150,000 for United Nations Peacekeeping Fund
India has pledged US $ 150,000 to the United Nations Fund for various peacekeeping activities this year. On January 25, 2021, TS Tirumurthy, India’s permanent representative to the United Nations, announced this. TS Thirumurthy stated that, India has extended its support to peacekeeping activities in the United Nations and as a token of its work, India has supported 150,000 Americans for various peacekeeping activities and programs this year. Will give a dollar UN Secretary-General Antonio Guterres stated that, he is grateful to the countries that have provided more than $ 439 million in UN peacekeeping and conflict prevention through the
India’s vaccine production capacity is the best in the world today: United Nations
A vaccination campaign has been started across India to treat the coronavirus from January 16. Meanwhile, India has sent the help of the Corona vaccine to many of its neighbouring countries. UN Secretary-General Antonio Guterres believes that India’s Corona vaccine production capacity is currently the world’s largest asset. Calling on India to play a leading role in the global vaccination campaign, UN Secretary-General Antonio Guterres named India’s vaccine production capacity the best existing asset in the world on 28 January 2021. He further said that I think that India’s production capacity is the best asset in the world today. In
First shipment of NGEV light machine guns from Israel
Six thousand Negev Light Machine Guns (LMGs) have been acquired for the Indian Army from Israel as part of India’s emergency purchase of arms amid tension on the border with China. A Defense Ministry official said on Thursday that on March 19 last year, adopting the fast-track process, India signed a Rs 800 crore deal with Israel to buy 16,479 Negev light machine guns (LMGs), so that China and Pakistan on the border The combat capability of the jawans deployed on the advance fronts increased. The army has received the first shipment of six thousand LMGs in Mumbai in mid-January
India Starts Licensing Production Of AK-203 Rifle
India is going to dispatch authorized creation of Russian Kalashnikov’s AK-203 attack rifles. The assembling cycle will be directed at a plant in Korva (Uttar Pradesh). General Manoj Naravane, Chief of Staff of the Army of the Indian Armed Forces, expressed that arrangements with the Kalashnikov Concern are near an arrangement and he’s sure the understanding for the creation of programmed weapons will be endorsed soon. Also, as indicated by the Russian side partaking in the exchanges, the venture for the authorized creation of Russian AK-203 Kalashnikov attack rifles in India is surely at the last phase of usage. “The
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