Defence National
The Ministry of Defence (MoD) has entered into significant agreements totaling ₹6,900 crore with Bharat Forge Limited and Tata Advanced Systems Limited. These contracts aim to enhance India’s artillery capabilities and military mobility. Advanced Towed Artillery Gun Systems (ATAGS) Bharat Forge, emerging as the lowest bidder, will manufacture 60% of the 155mm/52
International
The International Monetary Fund has approved a $1.3 billion loan for Pakistan under a newly proposed 28-month climate resilience program. This package comes alongside the first review of Pakistan’s ongoing 37-month bailout program, which will now unlock a total of $2 billion in combined disbursements, including $1 billion from the previously agreed facility. The loan