RBI Approves Zurich Insurance’s Acquisition of 70% Stake in Kotak General In a significant development in the insurance sector, the Reserve Bank of India (RBI) has given its nod to Zurich Insurance Group’s acquisition of a 70% stake in Kotak Mahindra Bank’s general insurance arm, Kotak General Insurance. This move marks a crucial milestone in…
Rashtriya Raksha University’s Strategic Partnership with Starburst Aerospace: Driving Innovation in Aerospace, Defence, and Security In a significant stride towards bolstering India’s capabilities in aerospace, defence, and security sectors, Rashtriya Raksha University (RRU) has forged a strategic partnership with Starburst Aerospace. This collaboration marks a pivotal moment in the pursuit of innovation and excellence within…
Indus-X Summit in New Delhi: Driving Defence Innovation between India and the USA The Indus-X Summit, a two-day event held in New Delhi, marked a significant stride in fostering collaboration and innovation in the defense sector between India and the USA. The summit, focusing on driving defense innovation, brought together key stakeholders, experts, and policymakers…
Quad Summit Australia | Australia to Host Third In-Person Quad Summit Quad Summit Australia | The Quadrilateral Security Dialogue, also known as the Quad, is a strategic forum comprising India, Japan, the United States, and Australia. The Quad was established in 2007 but was later disbanded due to concerns about upsetting China. It was revived…
Germany India submarine agreement : Germany to pursue an agreement with India to build 6 submarines for $5.2 billion India and Germany have agreed to pursue an agreement for the construction of six submarines for the Indian Navy at a cost of $5.2 billion. This decision was made during a virtual meeting between Indian Defense…
Indian submarine in Indonesia : Indian Submarine INS Sindhukesari Docks in Indonesia for the First Time In a historic moment, the Indian Navy’s diesel-electric submarine INS Sindhukesari docked at the Sabang port in Indonesia’s Aceh province. This is the first time that an Indian submarine has visited Indonesia. The move is part of India’s efforts…
India and Russia arms trade : Russian Arms Supplies to India Worth $13 Bn in Past 5 Years Russia has been a long-standing ally of India, and the two countries have shared strong bilateral ties for decades. As part of their alliance, Russia has been supplying arms to India for several years now. According to…
India and Japan Joint Military Exercise | India and Japan to Conduct Joint Exercise to Strengthen Cooperation in Air Defence India and Japan are set to conduct a joint military exercise to strengthen their cooperation in air defence. The exercise, named ‘Shinyuu Maitri’, will be held in Japan in the coming days. The move comes…
