logo
INS Satpura arrives Singapore to take part in bilateral maritime exercise

INS Satpura arrives Singapore to take part in bilateral maritime exercise

Hindustan Times30-07-2025
New Delhi, Indian naval ship Satpura has arrived in Singapore to participate in a bilateral maritime exercise that aims to enhance interoperability while reinforcing a shared commitment to maritime security and regional stability in the Indo-Pacific, the defence ministry said on Wednesday. INS Satpura arrives Singapore to take part in bilateral maritime exercise
The Singapore-India Maritime Bilateral Exercise marks yet another chapter in the "strong and enduring" maritime partnership between the Indian Navy and the Republic of Singapore Navy , it said.
"The exercise, a hallmark of the deep-rooted naval cooperation between the two nations, commenced with the harbour phase, which includes subject matter expert exchanges , professional interactions, and operational-level discussions," the ministry said in a statement.
These engagements are designed to share best practices, align doctrines, and conduct deck familiarisation visits onboard participating ships RSN Vigilant and RSN Supreme.
"These activities reaffirm the growing professional synergy and strategic trust between the two navies, in line with India's vision of 'MAHASAGAR' and the Act East Policy, which emphasises robust engagement with neighbouring countries," the Indian defence ministry said.
'MAHASAGAR' or 'Mutual and Holistic Advancement for Security and Growth Across Regions' is India's new maritime vision.
Day 2 of SIMBEX-25 features an official opening ceremony, followed by a pre-sail conference. During this conference, the participating naval contingents will hold discussions on the upcoming sea phase of the exercise.
The sea phase of SIMBEX-25 the cornerstone of the bilateral maritime engagement will witness the execution of a comprehensive array of advanced naval operations, it said.
These include air defence exercises, cross-deck helicopter operations, precision targeting with surface and aerial platforms, complex manoeuvring drills, and Visit, Board, Search and Seizure operations, the statement said.
"These exercises aim to enhance interoperability and operational coordination, while reinforcing a shared commitment to maritime security and regional stability in the Indo-Pacific.
"SIMBEX continues to be a testament to the strong naval ties between India and Singapore, showcasing mutual respect, professionalism and a common vision for a secure and rules-based maritime order," it said.
This article was generated from an automated news agency feed without modifications to text.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Market volatility continues: Should investors reconsider continuing their mutual fund SIPs?
Market volatility continues: Should investors reconsider continuing their mutual fund SIPs?

Mint

time7 minutes ago

  • Mint

Market volatility continues: Should investors reconsider continuing their mutual fund SIPs?

Mutual Funds: Stock markets in India have been under pressure for a few days now, and US President Donald Trump's announcement to impose a 50 percent tariff on Indian goods has not helped. Although markets ended positively on Thursday, they have been under pressure for the past few days. One may wonder whether investors should reconsider continuing their systematic investment plans (SIPs) for mutual funds? Meanwhile, financial experts do not recommend investors pause their SIPs – at least not on account of panic or scepticism. The reasons they share are as follows. I. Rupee cost averaging: By buying securities in a staggered way (every month, fortnight, or quarter), you get to average out the buying price. This improves your chances of earning gains. So, when you buy mutual fund units via SIPs, you can make the most of rupee cost averaging. This concept is similar to the dollar cost averaging espoused by Ben Graham. "SIP provides the benefit of Rupee Cost Averaging, which is an approach in which you invest a fixed amount of money at regular intervals. This, in turn, ensures that you buy more units of a particular mutual fund when prices are low and less when they are high," says Preeti Zende, founder of Apna Dhan Financial Services. II. Volatility is the part and parcel of the investing journey: Experts recommend that investors stay put regardless of volatility. After all, this is the part and parcel of life as an investor. 'It is very difficult for common investors to see their portfolio bleeding daily. This leads to shaking up their confidence in an equity asset class whereas other asset classes like gold and debt could be giving better returns. The new investors perhaps never saw such deep correction but pausing the SIPs is counter productive,' adds Ms Zende. III. Financial goals: Another pertinent reason for not pausing SIPs is that your investments are meant to meet financial goals. So, temporary bumps in the road do not hold any significance. 'Being committed to financial goals requires you to stay invested and maintain the financial discipline of continuing your SIP regardless of volatility,' says Deepak Aggarwal, a Delhi-based financial advisor. IV. Long-term is always good: As indicated above, the losses and negative returns stand to get recouped in the long run. Despite a steep correction, the Sensex had delivered a modest 8 percent return last calendar year in 2024. Since 2016, Sensex has been on a winning streak of positive annual returns, notes this Livemint article. 'If you are investing in equity mutual funds towards your long-term goals, correction is the best time to continue your SIPs to acquire more units. This helps you increase the value of your overall portfolio once the market recovers,' Ms Zende adds. Note: This story is for informational purposes only. Please speak to a SEBI-registered investment advisor before making any investment-related decision. For all personal finance updates, visit here

Owaisi says fresh US tariffs on India will hurt Indian exporters, deter FDI, hit jobs hard
Owaisi says fresh US tariffs on India will hurt Indian exporters, deter FDI, hit jobs hard

Hans India

time9 minutes ago

  • Hans India

Owaisi says fresh US tariffs on India will hurt Indian exporters, deter FDI, hit jobs hard

Hyderabad: AIMIM president Asaduddin Owaisi on Thursday said US President Donald Trump's decision to impose 50 per cent tariff on Indian goods will hurt Indian exporters, MSMEs, manufacturers and will disrupt supply chains, deter FDI, and hit jobs hard. A day after Trump imposed a penalty of another 25 per cent on India for buying Russian oil, Owaisi said Trump just slapped another 25 per cent tariff on India, taking it to 50 per cent, because 'we bought oil from Russia'. In a post on X, the Hyderabad MP said 'This isn't diplomacy, it's bullying by the buffoon-in-chief who clearly doesn't understand how global trade works". These tariffs will hurt Indian exporters, MSMEs, and manufacturers. It'll disrupt supply chains, deter FDI, and hit jobs hard. But why will Narendra Modi care? Where are those BJP muscle-flexers now?" the AIMIM chief asked. "Last time I'd asked if Modi ji would show his 56-inch chest when Trump imposed 56% tariffs. Trump stopped at 50%. Maybe he's scared of our non-biological PM? Was selling out our strategic autonomy worth filling your friends' billionaire coffers?" he further said. Trump on Wednesday slapped an additional 25 per cent tariff on goods coming from India as penalty for New Delhi's continued purchase of Russian oil, a move that is likely to hit sectors such as textiles, marine and leather exports hard. Trump signed an executive order - Addressing Threats to the US by the Government of the Russian Federation - imposing the additional tariff over and above the 25 per cent levy, which comes into effect from August 7. After this order, the total tariff on Indian goods, barring a small exemption list, will be 50 per cent.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store