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Showing posts from February 27, 2009

Brahmos missile hit its range 290-Km

2009-03-04 10:59:24 - Jaisalmer:On Second attempt today,the first test of the Indo-Russian joint venture missile was carried out on January 20 when after a successful take off, it deviated from its course mid-way and failed to hit the target,officials said that a "defect" in the software of the homing device of the missile, had been rectified leading to its successful test said DRDO oficial: Today Brahmos of 290 KM was successfully test launched at a firing range in Pokhran in Rajasthan desert developed with the assitance of Russia's NPO Mashinostroyenia of Russian scientists . BrahMos Aerospace Private Limited was established in India as a Joint Venture through an Inter-Governmental Agreement between India and Russia signed in February 1998. The acronym BrahMos is perceived as the confluence of two great nations represented by two great rivers, the Brahmaputra of India and the Moscow of Russia. Company BrahMos endeavours to design, develop, manufacture and market the Sup...

Andaman Nicobar Islands tourism hub: Sonia

2009-02-28 06:34:10 - Congress President Sonia Gandhi today on her visit to islands announced a series of development programmes for the Andaman and Nicobar Islands including a plan to make it a tourism hub. Addressing a public meeting in Port Blair on Friday, Gandhi said "Rajiv Gandhi had envisioned the islands as a big hub of the tourism industry."Speaking on job opportunities she said that employment would also be generated for the local people with the Centre promoting the tuna fish industry in the islands. It would be promoted under the Tuna Fishing Action Plan of the Government of India, she added.A medical college would also be established while engineering classes could be taken up at the existing polytechnic institute here, she said.For the improvement of sea transport, new ships would be bought for plying on inter-island routes and between Chennai and Port Blair and Kolkata and Port Blair, she said.For farmers who lost their land in the 2004 tsunami, Gandhi said, th...

Indian Leaders reacts to global meltdown

Government on Thursday announced an incentive package of Rs. 325 crore to boost export oriented leather and textile sectors. These sectors are worst hit by the global economic meltdown.Commerce Minister Mr Kamal Nath said that government has set an export target of 200 billion US dollars in 2009-10. Reduction of slab for premier trading houses to Rs. 7,500 crore from Rs 10,000 crore, removal of import restriction on worked corals to address the gems and jewellery exporters were some other measures announced to give push to country's exports. The government today expressed confidence that RBI may ease money supply further, while saying it may return to fiscal discipline by 2011 only if developed economies manage to shrug off the economic crisis. The widening fiscal deficit resulting due to three stimulus packages since December has begun putting pressure on India's sovereign rating, which determines foreign lenders' confidence in the economy. Replying to the debate on interi...