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"Will not let political interest come before nation's interest"
"Will not let political interest come before nation's interest"

India Gazette

time2 hours ago

  • Politics
  • India Gazette

"Will not let political interest come before nation's interest"

Jakarta [Indonesia], May 30 (ANI): Trinamool Congress MP Abhishek Banerjee, who is part of the all-party delegation currently in Indonesia, highlighted on Friday the importance of putting national interest above political interest. He said that while he might have his differences with the Bharatiya Janata Party, he will keep working towards what is best for the nation. 'We have all been doing our bit...I might have differences with the ruling party, but I will not let my political interest come before my nation's interest. I will keep working towards what is in the best interest of my nation,' he told the Indian diaspora in Jakarta. Confirming that while he still will fight the BJP 'tooth and nail' he will not do anything against the country. 'I am going to fight the ruling party tooth and nail, and I will not budge an inch from this fight, but I will not do anything that is against my country's no mistake,' he said. Banerjee also appealed to the Indian diaspora to go to Jammu and Kashmir, and also spend some time for the betterment of the Indian economy. 'Next time when you go to India, I want you to make a humble appeal before all of you. Next time, if you are planning to visit India for 7 days, make it 10 3 days, I want you to dedicate specially ...I want you and your family to go to Kashmir and spend 3 days for the betterment of the Indian economy,' he said. Multiple other delegation members also interacted with the diaspora. BJP MP, Hemang Joshi, hit out at Pakistan for 'going to the IMF every 3 months for funds,' claiming that the country does not use the money for their infrastructure or education development, but instead increases its defence budget. 'Our enemy country, who is our neighbour (Pakistan). They keep going to IMF every 3-4 months asking for funds. They don't ask for money for education, infrastructure development, or to reduce now when IMF sanctioned them loan. Pakistan did not increase their budget for the health or education sector. They have increased their defence budget by 18 pc,' the BJP MP said. Another BJP MP, Brijlal, highlighted the misinformation which Pakistan spreads, saying that while the country claimed that they hit Adampur air base, PM Modi debunked that claim by visiting the base. 'None of our air bases were affected in this war. Shehbaz Sharif said that Adampur Air base and S-400 were destroyed, our PM landed at Adampur and stood with the S-400 in the background. They claimed that Srinagar and Bhuj air bases were destroyed. Defence Minister Rajnath Singh landed at Srinagar, and PM Modi addressed the jawans from Bhuj. Pakistan only peddled false narratives,' Brijlal said. Challenging the Pakistani PM Shehbaz to visit his own bases, he added, 'Can the Pakistan PM go to the Noor Khan Air Base?... As far as Pakistan's friendly nations are concerned, in this clash with Pakistan, it is not only Pakistan that lost, the ones who manufacture JF-17 (jets) and drones for them also lost.' Earlier, the delegation led by Sanjay Kumar Jha held interactions with the Executive Board of Nahdlatul Ulama (NU), prominent media houses, business and community leaders from the Indian Diaspora in Indonesia, and met with Members of Parliament from Golkar and NasDem Party, as per the Embassy of India in Jakarta. (ANI)

Tension for US as Russian S-400 downs Ukrainian 'Made in America' F-16 fighter jet; soldiers rewarded for...
Tension for US as Russian S-400 downs Ukrainian 'Made in America' F-16 fighter jet; soldiers rewarded for...

India.com

time2 hours ago

  • Business
  • India.com

Tension for US as Russian S-400 downs Ukrainian 'Made in America' F-16 fighter jet; soldiers rewarded for...

Tension for US as Russian S-400 downs Ukrainian 'Made in America' F-16 fighter jet; soldiers rewarded for… S-400 Destroys F-16: Amid the ongoing war with Ukraine, Russia claimed that its powerful air defence system S-400 had shot down a Ukrainian F-16 fighter aircraft. This is the first time that the S-400 has destroyed a US-made F-16 fighter jet. Following the development, the private companies and authorities have rewarded the soldiers who were operating the S-400. However, the incident has increased America's tension as it is known for its high-tech fighter jets in the world. Notably, the US has sold the F-16 to dozens of countries, including Pakistan, who are using it for their air defence. Russian Company Rewards S-400 Crew As per a report by TASS, the Foros company, which produces proppants for the Russian oil industry, has rewarded the 12 crew members with15 million Rubles (about USD195,000). The report states that the ceremony was held on May 29 in the presence of commanding officers in the border region. Speculation Of Inclusion Of Su-35 Initial reports suggested the Su-35S fighter jet might have assisted the S-400 air defence system in targeting the F-16. This theory posited that the F-16's low altitude and distance from the S-400 hindered the system's ability to engage it independently. However, the lack of a Su-35S pilot among those recognized for the F-16's downing indicates the S-400 system alone successfully detected, tracked, and destroyed the Ukrainian aircraft. Another Reward From Forus While speaking on the sidelines of the St. Petersburg International Economic Forum, Forus Director General Sergei Shmotyev said that his company will pay an amount of Rs 15 million Rubbles for the first F-16 fighter shot down in Ukraine. On May 16, the Ukrainian Air Force reported through its Telegram channel that its Air Force lost contact with the F-16 while it was performing unspecified 'task'. What Ukraine Said On The F-16 Crash? Ukraine said, 'On May 16, 2025, at about 03:30 [00:30 GMT], contact with the F-16 aircraft was lost. The Ukrainian fighter was performing operations… An emergency situation developed on board the aircraft. The pilot successfully ejected, steering the aircraft away from a populated area.' The pilot ejected safely, and a commission has been appointed to investigate the incident.

Project Kusha: Indias Indigenous S-400-Style Air Defence System To Be Ready Soon
Project Kusha: Indias Indigenous S-400-Style Air Defence System To Be Ready Soon

India.com

time14 hours ago

  • Business
  • India.com

Project Kusha: Indias Indigenous S-400-Style Air Defence System To Be Ready Soon

Taking a giant leap towards self-sufficiency in defense technology, India is designing a locally developed long-range surface-to-air missile (SAM) system similar to Russia's S-400 under Project Kusha, an all-India collaborative project by the Defence Research and Development Organisation (DRDO) and Bharat Electronics Limited (BEL). The native system is being developed to resemble the performance of the Russian-produced S-400 Triumph, which had lately come into action during Operation Sindoor, when Indian military forces were able to intercept more than 300 Pakistani drones and missile attacks following terror activities from the other side of the border. Project Kusha Timeline And Scope As per The Economic Times, the indigenous system's prototype is likely to be completed within the next 12 to 18 months. The user trials could then be stretched over 12 to 36 months to test operational effectiveness. BEL, one of the main defence PSUs that is engaged in air defence systems such as Akashteer, is also developing essential subsystems of Project Kusha, such as advanced control systems and radar technologies. BEL Chairman and Managing Director Manoj Jain replied on the March quarterly earnings call that the company is waiting to hear regarding the choice of a system integrator and would like to be among them if two are chosen by the government. NDTV Profit said Project Kusha had the potential to yield a Rs 40,000 crore defence order, making it a flagship project of India's missile defence capabilities. S-400 Triumph Still Relevant India had signed a USD 5.4 billion deal with Russia to buy five S-400 systems in 2018. So far, three have arrived, while the fourth is due next year and the fifth will come in 2026. Meanwhile, National Security Advisor Ajit Doval will travel to Moscow from May 27 to 29 to attend the 13th International Meeting of High Representatives for Security Issues. He will be required to advocate for the early delivery of the rest of the S-400 systems. BEL's Other Defence Projects Besides Project Kusha, BEL is also undertaking the QRSAM system's development. Negotiations are on to close its contract, and a specialized team has been constituted to complete the project, which is likely to create orders worth Rs 30,000 crore. "We are the production agency for QRSAM, so the order will come to BEL," Jain stated. Operation Sindoor: Air Defence In Action During Operation Sindoor, India struck back at the April 22 terror strike in Jammu and Kashmir's Pahalgam—which killed 26 people—by carrying out precision attacks on nine terror camps in Pakistan and Pakistan-occupied Kashmir. The Indian Air Force had fielded the S-400 system along with local missile defences such as Akash, Samar, Barak-8, and anti-drone capabilities through the Integrated Air Command and Control System (IACCS). The S-400 system's superior radar and engagement capabilities made it capable of countering aerial threats up to 400 km away, reiterating its strategic value. As India keeps ramping up its defence readiness in the face of regional security threats, Project Kusha is a key step towards indigenisation and technology independence in air defence. The success of this indigenous S-400 substitute has the potential to radically change India's strategic independence in missile defence capabilities.

AVIC Chengdu Aircraft share price: J-10 fighter jet maker stock crashes 20% from May peak amid India-Pakistan conflict
AVIC Chengdu Aircraft share price: J-10 fighter jet maker stock crashes 20% from May peak amid India-Pakistan conflict

Mint

timea day ago

  • Business
  • Mint

AVIC Chengdu Aircraft share price: J-10 fighter jet maker stock crashes 20% from May peak amid India-Pakistan conflict

AVIC Chengdu Aircraft share price: The bullish trend seen in the shares of AVIC Chengdu Aircraft's share price at the peak of the India-Pakistan conflict seems to have fizzled out as the stock of the J-10 fighter jet maker has tumbled 20% from its May peak. In a matter of just 14 sessions, Chinese defence company AVIC Chengdu Aircraft's stock has fallen from its May 12 high of 95.86 yuan to today's low of 76.04 yuan. The Chinese defence stock has suffered losses after Prime Minister Narendra Modi publicly poked holes in Pakistan's claims that Chinese-made fighter jets were responsible for destroying the Indian Air Force's Adampur airbase. 'Pakistan claimed it damaged our S-400 and BrahMos missile bases with JF-17 jets, which is completely false,' said Colonel Sofiya Qureshi. 'It also spread misinformation about damage to Indian airfields in Sirsa, Jammu, Pathankot, Bhatinda, Nalia, and Bhuj — all of which is untrue.' Additionally, the fall in AVIC Chengdu and other Chinese defence stocks can also be attributed to the successful completion of India's Operation Sindoor, which highlighted India's military prowess. Also, a ceasefire between India and Pakistan dampened the interest.

Tech integration in Op Sindoor a global case study: FM Nirmala Sitharaman
Tech integration in Op Sindoor a global case study: FM Nirmala Sitharaman

Business Standard

timea day ago

  • Business
  • Business Standard

Tech integration in Op Sindoor a global case study: FM Nirmala Sitharaman

The seamless use of technology by all three branches of India's armed forces during Operation Sindoor will serve as a benchmark for defence strategies worldwide, Finance Minister Nirmala Sitharaman said on Thursday. Speaking to students from colleges and universities, she pointed out that while India earlier relied heavily on foreign defence supplies, the situation has significantly changed. "Rafale has been imported. S-400 has been imported. Missiles are getting imported, but we also produce our own missiles,' she said. 'We produce our own missiles completely indigenously... some with patents taken from elsewhere. BrahMos is a classic example of what Russia-India cooperation has given us." Having previously served as defence minister, Sitharaman acknowledged that while some components are still imported, India has made major strides in building systems for high-precision operations. Quoting a defence expert, she said the United States might now need to reassess its defence production model, especially in view of the India-Pakistan skirmishes. She added that Operation Sindoor is a key milestone in India's defence history, not just because of what was produced, but how seamlessly those weapons and systems were integrated across the forces. "Our defence forces had no trouble using equipment purchased from, say, Israel," she noted. According to Sitharaman, the way India's military brought together technology and manpower during the operation is something global experts can study and learn from. "The scale and extent to which our defence forces have demonstrated prove that in 21st-century warfare, here's a country which has achieved something, which no other country has," she said. She described Operation Sindoor as a milestone in defence innovation, integration and indigenisation. 'It is not about physically crossing borders, it is about using our technology to strike deep into enemy territories." The operation was launched after the April 22 terror attack in Pahalgam that left 26 people dead. In response, Indian armed forces struck terror hubs across the border in Pakistan, as well as military targets following an escalation by that country in which they launched attacks against civilian targets in border areas. During the interaction, Sitharaman also touched on other pressing issues, from the growing reach of India's digital payment systems and AI adoption, to climate change and capital expenditure by states. On digital payments, she said India has surprised the world with how widely people have embraced them. 'Global currencies, interoperability of systems, and the push into digital payments are all happening at the same time,' she said. She also noted that cross-border transactions are becoming more efficient with the rollout of Central Bank Digital Currency (CBDC). Speaking on the Centre's special assistance scheme to promote capital spending, she said, 'All states now recognise how important it is to invest in infrastructure, both with their own funds and with help from the Centre.'

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