Indian Air Force to induct its biggest transport aircraft on Monday

September 2, 2013

air-force-c17New Delhi, Sep 2: Bolstering the Indian Air Force's capability to swiftly transport combat troops and equipment such as tanks to the front, Defence Minister A K Antony will on Monday formally induct its biggest 70-tonne C-17 heavy-lift transport aircraft into service at the Hindon Air Base near Delhi.

Mr Antony will formally induct the aircraft procured from the US under a deal expected to be over Rs. 20,000 crore into the newly-formed 81 'Skylord' Squadron in Delhi, IAF officials said.

The American C-17, with a capability to carry around 80 tonnes of load and around 150 fully geared troops, will replace the Russian Il-76 as the biggest aircraft in the IAF inventory till now.

The Il-76 had the capability to carry loads of up to around 40 tonnes.

The IAF has placed orders with the US for ten such aircraft under the deal signed in 2011 and three of them have already been delivered.

The US Air Force will complete the delivery of all the 10 aircraft by the end of next year.

The aircraft is expected to enhance the operational potential of the IAF with its payload carriage and performance capability and would augment the strategic reach during disaster relief or any similar missions.

After the completion of the 10 aircraft, the IAF may also exercise the option of procuring six more planes for its fleet.

In recent times, the IAF has shifted its dependence from the Russian-origin aircraft towards the American ones with the induction of the C-17 and the C-130J Super Hercules transport

aircraft.

The IAF operates six C-130Js and has plans of procuring six more for operations on small and unpaved runways alongside routine transport missions.

The IAF also has the Russian Antonov-32 in its inventory.

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News Network
January 1,2020

Jan 1: Two army personnel were killed in a gunfight with heavily-armed Pakistani infiltrators along the Line of Control (LoC) in Jammu and Kashmir's Rajouri district on Wednesday, officials said.

The infiltrators were intercepted in the Khari Thrayat forest when they were trying to sneak into India from Pakistan-occupied Kashmir (PoK), they said.

"Two army soldiers martyred during cordon and search operation in Nowshera sector. The operation is still in progress and further details are awaited," Jammu-based Indian Army Public Relations Officer (PRO) Lt Col Devender Anand said in a statement.

The search operation was launched following information about the movement of suspected terrorists, the officials said.

The infiltrators opened fire on the troops and during a fierce gunfight, the two soldiers were killed, they said.

The officials said a massive operation is on in the area.

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News Network
May 9,2020

Thrissur, May 9: Five people were arrested for allegedly conducting congregational prayers at a mosque here in violationofthe COVID-19 lockdown norms.

A case was registered against five people for conducting evening prayers on Friday, police said.

We received information that prayers were being conducted in the mosque, they said adding they were held at Eriyad Masjidul Bilal mosque here.

On Friday, four people, including the president of a local temple trust, were arrested for allegedly conducting a religious recitation in a temple here in violation of lockdown restrictions.

Though lockdown conditions have been eased in accordance with the Centre's guidelines, public gatherings, including functions, weddings, political events and religious gatherings were not allowed.

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News Network
February 28,2020

Feb 28: Market benchmark Sensex plummeted over 1,100 points, wiping off over Rs 5 lakh crore investor wealth, in opening session on Friday amid a massive selloff in global equities as rising coronavirus cases outside China stoked fears of a pandemic that could dent world growth.

The 30-share index sank 1,100.27 points, or 2.77 per cent, to 38,645.39, while the NSE Nifty cracked 329.50 points, or 2.83 per cent, to 11,303.80.

All Sensex components were trading in the red, led by losses in Tata Steel, Tech Mahindra, Infosys, Mahindra and Mahindra, Bajaj Finance, HCL Tech and Reliance Industries.

In the previous session, the Sensex settled 143.30 points, or 0.36 per cent, lower at 39,745.66, and the Nifty fell 45.20 points or 0.39 per cent to end at 11,633.30.

According to analysts, till last week the market was of the view that coronavirus was going to have minimum impact on global economy as situation in China was being contained. But the increase in the number of new cases is changing the view and investors are worried about an intense slowdown.

Further, incessant selling by foreign investors is also spooking domestic market participants, traders said.

On a net basis, foreign institutional investors sold equities worth Rs 3,127.36 crore on Thursday, data available with stock exchanges showed.

Stock exchanges in Shanghai, Hong Kong, Seoul and Tokyo plunged up to 4 per cent in their morning sessions.

On Wall Street, the Dow Jones Industrial Average dropped 1,190.95 points, its largest one-day point drop in history, bringing its loss for the week to 3,225.77 points, or 11.1 per cent.

The S&P 500 has now plunged 12 per cent from the all-time high it set just a week ago.

World oil prices too tumbled by more than 4 per cent overnight as traders fretted about the impact of spreading coronavirus on crude demand, particularly from key consumer China.

Brent crude oil futures fell another 2.47 per cent to USD 50.45 per barrel early in the day.

The rupee depreciated 28 paise to 71.89 against the US dollar in morning session.

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