UAE To Store 30 Million Barrels of Crude Oil In India Under Strategic Energy Partnership

The United Arab Emirates is preparing to store up to 30 million barrels of crude oil in India as part of a strategic energy partnership designed to strengthen emergency reserves and enhance supply security. This arrangement will make use of India’s strategic petroleum reserve facilities, which are located in underground caverns and serve as buffers against global supply disruptions.By

May 16, 2026
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India’s Offshore Strategy: PM Modi’s Government Launches Massive Bay of Bengal Mega Oil And Gas Survey

India has launched its largest-ever offshore energy exploration drive, with seismic surveys spanning 161,000 line kilometres across the Bay of Bengal and adjoining basins, reported News18 in an exclusive report.This multi-basin project, led by the Directorate General of Hydrocarbons, aims to uncover untapped oil and gas reserves to reduce India’s heavy import dependence and strengthen long-term

May 16, 2026
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Russia Backs India As Long‑Term Mediator In US‑Iran Conflict Amid Pakistan’s Short‑Term Role

Russia has openly suggested that India could replace Pakistan as the long‑term mediator in US‑Iran tensions, citing New Delhi’s diplomatic experience, BRICS presidency, and energy dependence on the Gulf.Lavrov’s remarks came during the BRICS Foreign Ministers’ meeting in New Delhi, where he emphasised India’s ability to engage Iran and Arab states constructively while accusing unnamed nations of

May 16, 2026
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Shree Refrigerations Secures ₹9.75 Crore Naval Cooling Systems Contract For Fleet Support Ships

Shree Refrigerations Limited has secured a significant order valued at approximately ₹9.75 crore from Kongsberg Maritime for the supply, installation and commissioning of cooling systems for Fleet Support Ships currently under construction in India.This contract is directly linked to the Fleet Support Ship programme, which is being executed at Hindustan Shipyard Limited in Visakhapatnam and

May 16, 2026
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Made-In-India C295 Rolls Out Early, Breaking HAL Monopoly And Boosting IAF Capability

India’s first Made-in-India Airbus C295 has been rolled out from Tata’s Vadodara facility nearly four months ahead of schedule, marking a historic shift in India’s defence manufacturing by breaking HAL’s monopoly and empowering private-sector aerospace production.The aircraft, part of a ₹21,935 crore program, will soon join the Indian Air Force fleet, enhancing tactical airlift capability in

May 16, 2026
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BrahMos Emerges As India’s Combat‑Validated Export Powerhouse After Operation Sindoor

Operation Sindoor transformed the BrahMos missile from a respected system into a globally sought-after combat‑validated weapon, with India now negotiating multi‑billion‑dollar export deals across Asia, West Asia, and Latin America.The missile’s performance in May 2025, when none of the 15–19 launched were intercepted and 11 Pakistani airbases were struck, has created unprecedented demand and

May 16, 2026
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Indian Navy Launches Second Edition of IOS SAGAR To Deepen Maritime Cooperation Across Indian Ocean Nations

The Indian Navy has launched the second edition of the Indian Ocean Ship (IOS) SAGAR initiative on 16 March 2026, bringing together naval personnel from 16 nations to train, sail, and operate jointly. This program underscores India’s leadership role in the Indian Ocean Naval Symposium (IONS) and advances its vision of SAGAR and MAHASAGAR for regional security and growth.The commencement of

May 16, 2026
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Boundless Capital Invests In JSR Dynamics To Drive India’s Defence‑Tech Growth

Boundless Capital has announced a minority investment in JSR Dynamics Private Limited, an Indian defence‑tech company specialising in precision‑guided munitions and advanced airborne weapon systems.The investment is intended to support the expansion of manufacturing capacity and the development of next‑generation defence products, marking another instance where Boundless is backing a mission‑

May 16, 2026
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