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Visakhapatnam: In a major boost to the naval power, two multi-mission stealth frigates - INS Udaygiri and INS Himgiri - have been commissioned into the Indian Navy. Defence Minister Rajnath Singh presided over the commissioning ceremony held at the Eastern Naval Command in Vishakhapatnam. Both warships belonged to the Nilgiri class frigates. INS Udaygiri and INS Himgiri are part of the Indian Navy's state-of-the-art Project 17 A. Notably, it is for the first time that the two frontline warships ...Read More >
Stocktwits - Indian markets opened on a cautious note on Monday, with the Nifty hovering around the 25,450 level as investors await clarity on US tariffs, Reports suggest that a mini-trade deal between the US and India is likely to be announced within the next two to three days. On the other hand, US President Donald Trump issued a warning to BRICS member countries, threatening to impose a 10% additional tariff on any nation that aligns itself with 'anti-American' policies of the bloc. At 09:4 ...Read More >
Stocktwits - Indian markets remained rangebound at open, with the Nifty index hovering around the 25,400 level. The retail sentiment on Stocktwits for Nifty has moved to 'neutral' from 'bullish'. Nifty sentiment and message volume on July 4 as of 9:45 am IST. | source: StocktwitsSectorally, metals continued to trade under pressure, while real estate, FMCG and pharma stocks saw some buying. Trent (NSE:TREN) was the top Nifty loser, falling 8% after management at its AGM stated that its fashion ...Read More >
NEW DELHI: The delivery of the indigenously manufactured stealth Frigate Udaygiri to the Indian Navy on Tuesday marked a rare landmark in the history of the Force. Yard 12652 (Udaygiri), the second ship of Project 17A stealth frigate, being built at Mazagon Dock Shipbuilders Limited (MDSL), became the 100th ship to be designed and delivered by the Indian Navy's in-house Warship Design Bureau. The Indian Navy in its statement said, "The Project is a follow-on of the Shivalik class (Project 17) ...Read More >
NEW DELHI: The Indian Navy on Tuesday commissioned its latest stealth multirole frigate, INS Tamal, at the Yantar Shipyard in Kaliningrad, Russia in the presence of Western Naval Command chief, Vice Admiral Sanjay J Singh, who said its induction marked a significant milestone in the country's maritime defence capabilities and Indo-Russian cooperation. It is the last imported warship to be commissioned into service in line with the government's sharp focus on Atmanirbhar Bharat (self-reliant Ind ...Read More >
Srinagar, Jun 7 (PTI) Authorities on Saturday barred Eid prayers from taking place at the Eidgah ground and the Jama Masjid in the old city here, while Hurriyat Conference chairman Mirwaiz Umar Farooq claimed that he was put under house arrest. "Anjuman Auqaf Jama Masjid Srinagar deeply regrets to inform that the authorities have once again disallowed Eid-ul-Adha prayers at the Eidgah as well as at the historic Jama Masjid in Srinagar by closing the gates of the mosque and deploying police pers ...Read More >
Mumbai, June 7 (UNI) Snapping two week losing Streak Sensex surged 737.98 points or 0.90 per cent to settle at 82,188.99 during the week ended June 6,2025, as the Reserve Bank of India's surprise 50 basis points rate cut and a shift in its monetary policy stance from accommodative to neutral. Easing inflation outlook and strong Q4 FY25 GDP growth of 7.4 per cent boosted investor confidence, signalling a stable and supportive economic environment. Broader markets outperformed, reflecting renewed ...Read More >
NEW DELHI: The Indian Navy will commission the first of the 16 Anti-Submarine Warfare Shallow Water Craft (ASW-SWC), INS Arnala, at the Naval Dockyard, Visakhapatnam, on June 18. Eight more ASW-SWC warships are being constructed by Cochin Shipyard Limited, Kochi. The indigenous defence manufacturing augments the anti-submarine warfare capabilities of the navy. The contract for the 16 craft was signed in April 2019. The Indian Navy on Friday said, "The event marks the formal induction of the fi ...Read More >
Kota, Jun 6 (PTI) A relationship manager in an ICICI bank branch in Kota allegedly swindled around Rs 4.58 crore from customers' accounts only to lose the lot of it in the stock market, police on Friday said. She was arrested last week and is currently under judicial custody, they said. Also Read | Bengaluru Stampede: Police Complaint Lodged Against Virat Kohli Over Stampede Tragedy Near Chinnaswamy Stadium. The accused, Sakshi Gupta, was posted as a relationship manager at ICICI Bank's DCM b ...Read More >
New Delhi: The first warship in the anti-submarine warfare shallow water craft series, equipped to conduct subsurface surveillance, search and rescue missions, and low-intensity maritime operations, is set to be inducted into the Indian Navy on June 18, officials said on Friday. The commissioning ceremony of 'Arnala' at Naval Dockyard, Visakhapatnam will be presided over by Chief of Defence Staff Gen Anil Chauhan. "The warship incorporates more than 80 per cent indigenous content and integrates ...Read More >
New Delhi: The first warship in the anti-submarine warfare shallow water craft series, equipped to conduct subsurface surveillance, search and rescue missions, and low-intensity maritime operations, is set to be inducted into the Indian Navy on June 18, officials said on Friday. The commissioning ceremony of 'Arnala' at Naval Dockyard, Visakhapatnam will be presided over by Chief of Defence Staff Gen Anil Chauhan. "The warship incorporates more than 80 per cent indigenous content and integrate ...Read More >
New Delhi, Jun 6 (PTI) The first warship in the anti-submarine warfare shallow water craft series, equipped to conduct subsurface surveillance, search and rescue missions, and low-intensity maritime operations, is set to be inducted into the Indian Navy on June 18, officials said on Friday. The commissioning ceremony of 'Arnala' at Naval Dockyard, Visakhapatnam will be presided over by Chief of Defence Staff Gen Anil Chauhan. Also Read | Water Cut in Pune: Supply Suspended in South Pune on Jun ...Read More >
Garden Reach Shipbuilders & Engineers (GRSE), a Kolkata-based defence firm is betting big on expanding its offshore footprint. From signing a pact with Dubai based firm for new offshore projects to inking partnership with global engine manufacturer, the company has a strong pipeline of new orders. As part of its efforts to enter the offshore construction sector, GRSE also signed a Memorandum of Understanding (MoU) with Aries Marine, a Dubai-based engineering and design firm. The MoU aims to id ...Read More >
Garden Reach share price has rallied a staggering 113 percent since the start of the year. Shares of Garden Reach Shipbuilders & Engineers (GRSE) climbed percent as much as 5 percent to hit a fresh 52-week high of Rs 3,521 in morning deals on Thursday after the defence PSU announced fresh global collaborations aimed at expanding its presence beyond military platforms. In a regulatory filing, GRSE said it has entered into a memorandum of understanding (MoU) with Hamburg-based Carsten Rehder for ...Read More >
Oslo [Norway], June 5 (ANI): The Union Minister of Ports, Shipping & Waterways (MoPSW), Sarbananda Sonowal, attended the MoU signing ceremonies in Oslo, as Indian maritime companies inked them with leading global players, exploring opportunities for collaboration and future business. A Memorandum of Intent (MOI) was signed by Carsten Rehder Schiffsmakler und Rehder GmbH & Co. KG, Germany and Garden Reach Shipbuilders & Engineers Ltd (GRSE) for the construction of an additional 4 numbers of 7,50 ...Read More >
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