Courtesy:-India Today
Thursday, 5 September 2013
Monday, 12 August 2013
India launches first indigenous aircraft carrier INS Vikrant
India on Monday launched its first indigenous aircraft carrier INS Vikrant, joining the elite club of nations with the capability of designing and building a warship of this size and capability.
Defence minister AK Antony's wife Elizabeth launched the 37,500-tonne carrier at Kochi shipyard almost four-and-a-half years after its keel was laid by the minister.
"It is a red-letter day for the entire nation and a proud moment for the country which has achieved self-reliance in the field of warship design and construction. Only a few advanced countries have capability to design and build such aircraft carriers," he said in his speech on the occasion.
Antony said this was an "important" first step towards a long journeyin the area of warship building for the country. Other nations capable of designing and building a ship of equivalent size are the US, the UK,Russia and France.
The minister said the Navy's capabilities must be enhanced to ensure that it maintains "high operational preparedness to thwart any likely misadventure against our national interest."
He asked all stakeholders including the builder Cochin Shipyards Limited (CSL) to put collective efforts to ensure that the aircraft carrier is delivered on time, observing that many years were lost in the past due to "lack of coordination".
The launch of warship, which has a length of 260 metres and is 60 metres wide, is behind schedule by three years. It is set to go for extensive trials in 2016 before being inducted into the Navy by 2018 end.
Fighter aircraft - Mig-29K, Light Combat Aircraft and Kamov-31 helicopters - will deployed on board the carrier which will also carry an array of other weapons systems.
Courtesy:Times of india
Defence minister AK Antony's wife Elizabeth launched the 37,500-tonne carrier at Kochi shipyard almost four-and-a-half years after its keel was laid by the minister.
"It is a red-letter day for the entire nation and a proud moment for the country which has achieved self-reliance in the field of warship design and construction. Only a few advanced countries have capability to design and build such aircraft carriers," he said in his speech on the occasion.
Antony said this was an "important" first step towards a long journeyin the area of warship building for the country. Other nations capable of designing and building a ship of equivalent size are the US, the UK,Russia and France.
The minister said the Navy's capabilities must be enhanced to ensure that it maintains "high operational preparedness to thwart any likely misadventure against our national interest."
He asked all stakeholders including the builder Cochin Shipyards Limited (CSL) to put collective efforts to ensure that the aircraft carrier is delivered on time, observing that many years were lost in the past due to "lack of coordination".
The launch of warship, which has a length of 260 metres and is 60 metres wide, is behind schedule by three years. It is set to go for extensive trials in 2016 before being inducted into the Navy by 2018 end.
Fighter aircraft - Mig-29K, Light Combat Aircraft and Kamov-31 helicopters - will deployed on board the carrier which will also carry an array of other weapons systems.
Courtesy:Times of india
Wednesday, 31 July 2013
Sunday, 14 July 2013
Good News to cheer for!!!
Indian trade deficit narrows to $12.24 billion in June
Easing pressure on the current account balance, India’s trade deficit narrowed in June to $12.24 billion from a 7-month high, as compared to $20.1 billion a month ago mainly on the back of slowdown in gold imports. The overall trade deficit for April-June 2013 was estimated at $ 50.18 billion which was higher than the deficit of $42.21 billion during same period last fiscal.
India’s exports contracted by 4.6 per cent, for the second consecutive month, to $23.79 billion in June 2013 compared to that in the year-ago period. Moreover, on cumulative basis, value of exports for the period April-June 2013 was $72.45 billion, as against $73.49 billion, registering a negative growth of 1.41 per cent in Dollar terms over the same period last year.
Imports too declined marginally by 0.37 per cent to $36 billion in the month as against $36.16 billion in June 2012. While, on the cumulative basis, imports for the period of April-June 2013 was at $122.63 billion as against $115.70 billion, registering a growth of 5.99 per cent in Dollar terms over the same period last year.
Meanwhile, Oil imports in June grew by 13.74 per cent to $12.76 billion from $11.22 billion in the same period last year. On the other hand non-oil imports declined by 6.7 per cent to $23.2 billion.
Meanwhile, gold become the second biggest item in the country’s import basket, after crude oil, on the back of enormous demand from Indian customers. In a bid to trim down gold demand, Indian government took slew of measures including a 2 percentage point hike in import duty which appeared to have worked as the growth in gold and silver imports slowed to 22.8% year-on-year at $2.45 billion last month. Gold and silver imports had jumped an annual 109% in April and May combined as retail buyers tried to take advantage of sliding global prices.
Wednesday, 10 July 2013
Tuesday, 2 July 2013
India's Own Pride-PSLV C22
Veeriyam India is proud to present you a proud moment of India's growth story
http://www.youtube.com/watch?v=nt7EGo2yZvU
Joining a select group of nations, India entered a new era in space applications with its first dedicated navigation satellite being succesfully put into orbit by its polar rocket PSLV that will give the country an alternative to US' GPS.
In a midnight launch, India's workhorse 44-metres tall Polar Satellite Launch Vehicle (PSLV) blasted off in a perfect text book launch at 11.41pm on Monday night carrying the indigenous IRNSS-1A from the Satish Dhawan Space Centre in Sriharikota.
The IRNSS-1A satellite is the first in a series which will give India its own space-based navigator system.
Consisting of a space segment and a ground segment, IRNSS has three satellites in geostationary orbit and four satellites in inclined geosynchronous orbit and is to be completed before 2015.
*Source:Times of India,Spacevid
Monday, 1 July 2013
Petrol Price V/S Income -Interesting Comparison Of Nations
Interesting Fact about Petrol Price,Now the importance of HDI comes into play
*Source:-India Today,Bloomberg.
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