India to purchase 240 bombs,131 Barak Missiles to strengthen its Defence



03 January 2018 Current Affairs: Prime Minister Narendra Modi led central government right from the day one of its rules taken various initiatives, decisions that have anonymously strengthened our country’s defense sector.

Notably, Defence Minister Nirmala Sitharaman cleared two procurement proposals in a bid to strengthen armed forces.

The first proposal was related to procurement of 240 bombs, at a cost of Rs. 1254 cr. from M/s JSC Rosonboron Exports, Russia.

These bombs fall under the category of Precision Guided Munitions, are used by Indian Air Force (IAF).

This procurement will address the deficiency of Precision Guided Munitions in the IAF arsenal, besides enhancing the offensive capabilities of the IAF.

Comments

Post a Comment

Popular posts from this blog

Now, artificial intelligence can diagnose heart disease, cancer early

Image
Currently cardiologists can tell from the timing of the heartbeat in scans if there is a problem. However, even the best doctors get it wrong in one in five cases. LONDON: Researchers in the UK have developed new artificial intelligence ( AI ) systems which can help diagnose heart disease and lung  cancer  much more accurately and early. Currently cardiologists can tell from the timing of the heartbeat in scans if there is a problem. However, even the best doctors get it wrong in one in five cases. Patients are either sent home and have a heart attack or they undergo an unnecessary operation. A new AI system created at the John Radcliffe Hospital in the UK diagnoses heart scans much more accurately. It can pick up details in the scans that doctors cannot see. The system then provides a recommendation - positive - which means that it believes that there is a risk of the patient having a heart attack. The system has been tested in clinical trials in six  cardiology ...
Read more

It’s going to be a Happy New Year for Artificial intelligence & robotics experts

Image
Human resource and search experts estimate a 50-60% higher demand for AI and robotics professionals in 2018 even as machines take over repetitive manual work. MUMBAI | NEW DELHI:  Artificial intelligence  (AI) is the buzz in the  jobs  bazaar as machine learning and the Internet of Things (IoT) increasingly influence business strategies and analytics. Human resource and search experts estimate a 50-60% higher demand for AI and  robotics  professionals in 2018 even as machines take over repetitive manual work. “Machines are taking over repetitive tasks. Robotics, AI,  big data  and analytics will be competencies that will be in great demand,” said Shakun Khanna, senior director at Oracle for the Asia-Pacific region. Organisations are being pushed to become even more efficient as jobs turn predictable, said Rishabh Kaul, cofounder of recruitment startup Belong, which helps clients search for and hire AI professionals. “There is a significant ...
Read more

Alibaba, Tencent, SoftBank corner Amazon and Uber to become the biggest allies of India’s digital entrepreneurs

Image
The moves undertaken by local and global internet players clearly indicate that the strong are getting stronger in the Indian internet ecosystem. When online grocer  Bigbasket  went to market in early 2017 to raise capital just a year after securing $150 million, the list of suitors was very different. In March 2016, it had closed funding from US- and Middle East-based financial investors including Sands Capital, IFC and Abraaj Capital. This time, the interested ones were major corporations—Chinese strategic investors  Tencent , conglomerate Fosun, ecommerce giant  Alibaba  along with Paytm Mall, and, of course, US-based  Amazon . In fact, Amazon had engaged with Bigbasket for an acquisition on multiple occasions since late 2015 but the talks didn’t progress because of valuation and deal structuring issues. Some of Bigbasket’s investors were also worried that Amazon would not follow through with an offer after obtaining the details of the business thr...
Read more