The Indian Air Force celebrates success with the SAMAR air defence missile system, an indigenous innovation derived from old Russian air-to-air missiles. During Exercise AstraShakti-2023, the system showcased its prowess by engaging aerial threats with a 2 to 2.5 Mach speed range. With a twin-turret launch platform, it offers versatility, capable of firing two missiles in various threat scenarios. This achievement aligns with the government s push for self-reliance, demonstrating India s strides in indigenous defense development.
Ukraine has agreed to raise EUR 150 million from the European Bank for Reconstruction and Development (EBRD) to support the national power company Ukrenergo, Prime Minister Denys Shmyhal has said.
Giovanni Luca Soma, the chairman of the Board of Directors of BRD-SocGen (BRD.RO), the third largest bank in Romania, has decided to withdraw from this position and from the Board of Directors, the lender announced in a report to the Bucharest Stock Exchange.