DRDO Successfully Tests UAV-Launched Missile V3

26 Jul 2025 CW Team

The Defence Research and Development Organisation (DRDO) has successfully conducted flight trials of the Unmanned Aerial Vehicle Launched Precision Guided Missile (ULPGM)-V3 at the National Open Area Range in Kurnool, Andhra Pradesh.

The ULPGM-V3, an upgraded version of the earlier ULPGM-V2, features a high-definition dual-channel seeker, day-and-night operational capability, and a two-way data link that allows post-launch target updates. It can be fitted with three modular warheads – anti-armour, penetration-cum-blast for bunkers, and pre-fragmentation for high lethality.

The missile was released from an indigenous UAV developed by Bengaluru-based start-up Newspace Research Technologies. Over 30 MSMEs and start-ups, along with partners such as Adani Defence and Bharat Dynamics Limited, contributed to the project.

Defence Minister Rajnath Singh congratulated DRDO and its partners, stating that the achievement demonstrates India’s capability to design and produce critical defence technologies indigenously.

Resources

04 Jun 2026

ULCCS Showcases Cooperative Model at UN Symposium

Uralungal Labour Contract Co-operative Society (ULCCS) showcased its community-led development model at the United Nations Headquarters in New York, where it participated as a panellist at the International Symposium on Cooperative Financial Institutions held on 28–29 May 2026.Jointly organised by the United Nations Department of Economic and Social Affairs (UN DESA), the International Cooperative Banking Association (ICBA), and the International Cooperative Alliance (ICA), the symposium was held under the theme ‘Fuelling Inclusive and Equitable Growth’ and brought together policymakers,..

Delhi Airport to Finalise 20-Year Master Plan

Delhi International Airport Ltd (DIAL) is finalising a 20-year master plan to guide long term infrastructure and operational development at Indira Gandhi International Airport, an official said. The operator expects the plan to reflect changes in the airline industry, shifts in the competitive landscape and evolving infrastructure requirements across terminals, airside and support services. The official said the document is likely to be ready in the next two to two-and-a-half months as the operator moves through planning stages. The plan will be prepared after consultations with airport users ..

Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..