20 yrs of Kargil clash: IAF turns Gwalior Air Base into ‘war theatre’, reenacts milestones

Agencies
June 24, 2019

Gwalior, Jun 24: Commemorating 20 years of the Kargil War, the IAF on Monday turned the Gwalior air base virtually into a conflict theatre, with dramatic reenactment of some of the milestones of the operation in 1999.

In a symbolic ‘recreation’ of the Tiger Hill attack in Jammu and Kashmir’s Drass-Kargil area, the air force used the Mirage 2000 aircraft and explosives were blown up on a ‘model hill’ to recreate the crucial events of the war.

The chief guest for the event is Air Chief Marshal BS Dhanoa.

The IAF has planned several activities at the air base to commemorate the 20 years of the war and the symbolic ‘recreation’ of the Tiger Hill attack was one of them.

Five Mirage 2000, two MiG 21s and one Sukoi 30 MKI were on static display at the base.
 
One of the Mirage 2000s showcased the Spice bomb carrier. The bomb was used in the Balakot airstrike in February.

“The Kargil conflict offers an exemplary experience in the use of air power in warfare in high mountains conditions and is key to full understanding of India’s emerging posture,” a senior IAF official said.

Several gallantry award winners, both serving and retired, who had participated in ‘Operation Vijay’, are attending the event.

The Indian armed forces displayed exceptional valour to successfully dislodged the enemy from the strategic hill in the Drass-Kargil area, an official said.

The Mirage-2000 aircraft played a crucial role in the battles fought during the war and also hit enemy targets bunkered in at the Tiger Hill.

During the war, the IAF had conducted operation Safed Sagar as a part of operation Vijay of the army.

A number of events has been planned by the army in Delhi and Dras in Jammu and Kashmir next month to mark the 20th anniversary of the ‘Kargil Vijay Diwas’, officials had earlier said.

The anniversary celebrations for this year will be spread over three days from July 25-27.

“However, as part of the build up to the main event, numerous activities have been planned to be organised all over the country from the first week of July,” an official said.

The celebrations in the national capital will begin on July 14 with the illumination of a ‘Victory Flame’ from the National War Memorial in Delhi, which would traverse through 11 towns and cities to finally culminate at Dras where it will be merged with the eternal flame at the ‘Kargil War Memorial’, he said.

The objective of these celebrations is to evoke feeling of patriotism through nationwide campaigns especially amongst youth and to pay homage to the valiant soldiers.

“The Kargil War will always be remembered for its strategic and tactical surprises, the self-imposed national strategy of restraint in keeping the war limited to Kargil-Siachen sectors, and the swiftly executed tri-services military strategy and plans,” the Army had said.

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Agencies
February 23,2020

Panaji, Feb 23: A MiG-29K aircraft crashed off Goa during a routine training sortie on Sunday morning, the Indian Navy said in a statement.

"The pilot ejected safely and has been recovered. An enquiry into the incident has been ordered," the statement said.

On November 16, a MiG-29K trainer flight had crashed after a bird hit, soon after it took off the Dabolim International airport, which functions out of the Indian Navy base INS Hansa.

Both pilots had managed to safely eject themselves to safety after both the engines of their jet failed.

According to data tabled in the recent budget session of the Goa Assembly, every ten days, at least one aircraft landing or taking off at Goa's Dabolim international airport faces dangers involving birds or stray dogs near the runway.

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Agencies
July 30,2020

New Delhi, Jul 30: India's gold demand in 2020 is expected to fall to the lowest level in 26 years with domestic bullion prices hitting a record high and as falling disposable incomes could curtail retail purchases, the World Gold Council (WGC) said on Thursday.

Lower demand by the world's second-biggest bullion consumer could limit a rally in global prices, which hit a record high earlier this month, although it could also reduce India's trade deficit and support the ailing rupee.

"Fast rising gold prices could act as headwinds," said Somasundaram PR, the managing director of WGC's Indian operations.

Local gold futures have jumped 35% so far this year after rising a quarter in 2019.

India's gold consumption in the first half of 2020 plunged 56% on-year to 165.6 tonnes. Meanwhile, the coronavirus-triggered lockdown also slashed demand by 70% in the June quarter to 63.7 tonnes, the lowest in more than a decade, the WGC said in a report published on Thursday.

Millions of Indians have lost their jobs or taken a pay cut after the country imposed a lockdown on its 1.3 billion people to curb the spread of the virus that has infected more than 1.5 million Indians.

Consumption is generally high during the June quarter due to weddings and key festivals such as Akshaya Tritiya, but lockdown restrictions kept shoppers indoors this year.

The weak demand in the first half could drag down India's gold consumption in 2020 to the lowest since 1994, when demand stood at 415 tonnes, Somasundaram said, adding that it is still difficult to provide an estimate for full-year demand as the coronavirus crisis is still unfolding.

"Indian demand has previously jumped as much as 300 tonnes in a quarter. Latent demand could come out in the second half," Somasundaram said.

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News Network
March 16,2020

New Delhi, Mar 16: Due to the coronavirus pandemic, most airlines in the world will be bankrupt by the end of May and only a coordinated government and industry action right now can avoid the catastrophe, said global aviation consultancy firm CAPA in a note on Monday.

"As the impact of the coronavirus and multiple government travel reactions sweep through our world, many airlines have probably already been driven into technical bankruptcy, or are at least substantially in breach of debt covenants," it stated.

Across the world, airlines have announced drastic reduction in their operations in the wake of the coronavirus outbreak. For example, Atlanta-based Delta Air Lines stated on Sunday that it would be grounding 300 aircraft in its fleet and reduce flights by 40 per cent.

The US has suspended all tourist visas for people belonging to the European Union, the UK and Ireland. Similarly, the Indian government has suspended all tourist visas and e-visas granted on or before March 11.

CAPA, in its note on Monday, said, "By the end of May-2020, most airlines in the world will be bankrupt. Coordinated government and industry action is needed - now - if catastrophe is to be avoided."

Cash reserves are running down quickly as fleets are grounded and "what flights there are operate much less than half full", it added.

"Forward bookings are far outweighed by cancellations and each time there is a new government recommendation it is to discourage flying. Demand is drying up in ways that are completely unprecedented. Normality is not yet on the horizon," it said.

India's largest airline IndiGo -- which has around 260 planes in its fleet -- said on Thursday that it has seen a decline of 15-20 per cent in daily bookings in the last few days.

The low-cost carrier had stated that it expects its quarterly earnings to be materially impacted due to such decline.

CAPA said the failure to coordinate the future will result in protectionism and much less competition.

"The alternative does not bear thinking about. An unstructured and nationalistic outcome will not be survival of the fittest.

"It will mostly consist of airlines that are the biggest and the best-supported by their governments. The system will reek of nationalism. And it will not serve the needs of the 21st century world. That is not a prospect that any responsible government should be prepared to contemplate," the consultancy firm said.

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