Synopsis The rotary-wing drone will have the capability to carry a load of 40 kgs, including missiles and sensors, and it is being developed considering the requirement of the armed forces to keep a strong vigil over the mountainous areas along the Line of Actual Control (LAC), they said. State-run aerospace behemoth Hindustan Aeronautics Ltd ( HAL ) is working on an AI-driven multi-role, advanced and long-endurance drone for strategic missions in high-altitude areas including along the frontiers with China, people familiar with the development said on Sunday. The rotary-wing drone will have the capability to carry a load of 40 kgs, including missiles and sensors, and it is being developed considering the requirement of the armed forces to keep a strong vigil over the mountainous areas along the Line of Actual Control ( LAC ), they said. The HAL has set a target of conducting the maiden test-flying of the unmanned aerial vehicle ( UAV ) by the middle of next … [Read more...] about HAL developing long-endurance drone for vigil over LAC
The newly reopened Indian Embassy in Kabul is expected to increase its operations in Afghanistan, with the “technical team” posted there in June focusing on business and trade opportunities and distribution of food and medical aid. This month, Afghanistan’s Ariana airlines will follow Kam Air, which has been operating weekly flights every Thursday between Kabul and Delhi since July, and begin a weekly service as well, confirmed officials, indicating that they expect more goods to be transported via the air cargo route. However, the embassy, which has 60 to 70 personnel so far, has not opened any visa facilitation services yet, and only a “limited number” of visas have been issued to Afghanistan citizens through the e-visa route, disappointing hundreds of students and patients requiring treatment in India. Sources told The Hindu that more than 60 personnel were now stationed at the embassy and residential compound. The group comprises five to seven officials, including a … [Read more...] about Embassy intact, India ups Kabul work
Police in New Mexico and federal agencies were probing the murders of four Muslim men to determine if the killings, the latest of which happened on Friday evening, were linked while the state’s governor described them as “targeted killings.” Albuquerque Police Chief Harold Medina told reporters on Saturday that a “young man who is part of the Muslim community was murdered.” The victim’s name and the circumstances of the murder were not disclosed. In the previous three cases, the victims were ambushed and shot without warning, police said. Medina said the killing was possibly linked to the previous three murders. Police in New Mexico had said earlier that the other three Muslim men murdered in the state’s largest city in the past nine months appeared to have been targeted for their religion and race. “The targeted killings of Muslim residents of Albuquerque is deeply angering and wholly intolerable,” New Mexico Governor Michelle Lujan Grisham tweeted late on Saturday. … [Read more...] about US: Fourth Muslim man murdered in New Mexico in ‘targeted killings’
Synopsis The emerging market crisis follows a very familiar pattern. In times of high liquidity cycle (while the Fed is easing), the money supply is abundant and reaches far-away shores to seduce the usual EM suspects to go for an overdrive on consumption-driven growth with borrowed capital. The crisis is deepening in emerging markets, and the crack is widening far beyond obvious names like Pakistan and Nepal. When a celebrated economy in the not-too-distant past is at the door-steps of the IMF, one can understand the extent of the crisis in the emerging markets. Once extolled as a miracle economy, Bangladesh could now be bordering on an IMF bail-out. Such is the scorching heat across emerging markets. In such a scary situation, one can’t help but start digging deeper for any hidden macros risks in India. Could the consensus view of a relatively stable macro for India be clouded by a few serious misgivings? Or has India’s macro really come of age from those fragile days of … [Read more...] about Will the emerging market crisis eventually touch Dalal Street?