World Bank Reduces Pakistan’s Growth Forecast To 0.4 Per Cent

Islamabad: The World Bank has sharply reduced Pakistan’s current growth forecast from two to 0.4 per cent, attributing the change to tighter economic conditions and limited fiscal space, local daily Daily Times reported.Increasing interest rates and uncertainty in financial markets have further enhanced pressure on the cash-strapped economy, with future economic prospects heavily reliant on

April 7, 2023
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CredibleDefense Daily MegaThread April 07, 2023

The r/CredibleDefense daily megathread is for asking questions and posting submissions that would not fit the criteria of our post submissions. As such, submissions are less stringently moderated, but we still do keep an elevated guideline for comments.

Comment guidelines:

Please do:

* Be curious not judgmental,

* Be polite and civil,

* Use the original title of the work you are linking to,

* Use capitalization,

* Link to the article or source of information that you are referring to,

* Make it clear what is your opinion and from what the source actually says. Please minimize editorializing, please make your opinions clearly distinct from the content of the article or source, please do not cherry pick facts to support a preferred narrative,

* Read the articles before you comment, and comment on the content of the articles,

* Post only credible information

* Contribute to the forum by finding and submitting your own credible articles,

Please do not:

* Use memes, emojis or swears excessively,

* Use foul imagery,

* Use acronyms like LOL, LMAO, WTF, /s, etc. excessively,

* Start fights with other commenters,

* Make it personal,

* Try to out someone,

* Try to push narratives, or fight for a cause in the comment section, or try to ‘win the war,’

* Engage in baseless speculation, fear mongering, or anxiety posting. Question asking is welcome and encouraged, but questions should focus on tangible issues and not groundless hypothetical scenarios. Before asking a question ask yourself ‘How likely is this thing to occur.’ Questions, like other kinds of comments, should be supported by evidence and must maintain the burden of credibility.

Please read our in depth rules https://reddit.com/r/CredibleDefense/wiki/rules.

Also please use the report feature if you want a comment to be reviewed faster. Don’t abuse it though! If something is not obviously against the rules but you still feel that it should be reviewed, leave a short but descriptive comment while filing the report.

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April 7, 2023
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What Explains The Surge In India’s Defence Exports? Smarter Policies, Competitive Products

DRDO developed PINAKA multi-barrel rocket system has potential for exportsIndia’s defence exports have grown tenfold in the space of five years. Simpler export procedures, and breakthroughs like the replacement of expensive foreign parts in the BrahMos missile system with low-cost locally developed parts, have made Indian exports attractiveby Kartik BommakantiIndia imported $24 billion worth of

April 7, 2023
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India Made Artillery Guns Might Have Saudi Arabia As It’s Latest User

Open sources have indicated that the Royal Saudi Army conducted desert trials of the Bharat-52, a 155mm, 52 calibre towed howitzer, and the Garuda-V2, a 105mm gun mounted on a light vehicle chassis for enhanced mobility, both manufactured by the Pune-based Kalyani Group, in 2020. It has been reported that the Saudi Army has recently placed orders with India for one of these systems as per a

April 7, 2023
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ISRO Successfully Test-Fires L110-G Vikas Engine, Tests Re-Entry Propulsion System For Crew Module For Gaganyaan Mission

The Indian Space Research Organisation (ISRO) has successfully test-fired the L110-G Vikas Engine that will power its ambitious Gaganyaan mission to space. The engine was fired for 240 seconds at ISRO Propulsion Complex (IPRC), Mahendragiri to mark the planned qualification tests of the engine as complete.The engine has been designed by Liquid Propulsion Systems Centre (LPSC) and its Gimbal

April 7, 2023
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Govt of India Approves Installation of Ten Indigenous Heavy-Water Nuclear Reactors In Five States

Karnataka’s Kaiga Nuclear Plant has set many world records for continuous power generationOn April 6, 2023, the Atomic Energy Minister Dr. Jitendra Singh announced in the Parliament that the centre has approved the plan of installation of ten nuclear reactors in five states across India.The Minister further informed that during the 2021-2022, the nuclear power reactors generated 47, 112 million

April 7, 2023
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Arunachal Pradesh Is An Inalienable Part of India: MEA On China’s Attempt To Rename Places In State

New Delhi: Ministry of External Affairs (MEA) official spokesperson Arindam Bagchi on Thursday said Arunachal Pradesh is an inalienable part of India, and China giving its own inventive names will not change the ground reality.The MEA spokesperson was responding to a question on China’s attempt to rename places in Arunachal Pradesh."This is not the first time that China is making such attempts,

April 7, 2023
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Cabinet Gives Nod To Indian Space Policy, 2023 To Boost Private Participation

The Union Cabinet on Thursday approved the Indian Space Policy 2023, which aims to boost the country’s space department’s role and give a larger participation to research, academia, start-ups, and industry.The policy lays down the roles and responsibilities of organizations such as the Indian Space Research Organisation (ISRO), and private sector entities.During a cabinet briefing, Minister for

April 7, 2023
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China, France Sign Deals In Civilian Nuclear Energy

Beijing: China and France, on Thursday, signed a series of agreements including civilian nuclear energy, according to Global Times.During a state visit by French President Emmanuel Macron to China, both countries decided to deepen the cooperation in traditional areas such as aviation, aerospace and civilian nuclear energy, and cultivate new growth drivers in cooperation such as green development

April 7, 2023
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