India, Russia Hold 22nd Defence Commission Meet in New Delhi

05 Dec 2025 CW Team

Raksha Mantri Rajnath Singh and Russia’s Defence Minister Mr Andrei Belousov co-chaired the 22nd India–Russia Inter-Governmental Commission on Military and Military Technical Cooperation (IRIGC-M&MTC) at the Manekshaw Centre in New Delhi on 4 December 2025. Both sides reaffirmed that the longstanding bilateral relationship is anchored in mutual trust, shared principles and deep respect. The meeting comes ahead of the 23rd India–Russia Annual Summit between Prime Minister Narendra Modi and President Vladimir Putin.

During the session, Rajnath Singh reiterated India’s commitment to building a strong indigenous defence manufacturing base, aimed at supporting domestic requirements and boosting exports under the vision of ‘Aatmanirbhar Bharat’. He also highlighted opportunities for expanding collaboration in advanced and emerging defence technologies.

Defence Minister Belousov underlined Russia’s intent to further deepen its relationship with India, noting that the partnership is rooted in decades of strategic cooperation. He stated that the Russian defence industry is prepared to support India’s pursuit of self-reliance in defence production. He also extended an invitation to Rajnath Singh to visit Russia in 2026 to co-chair the 23rd IRIGC-M&MTC session.

Both Ministers signed the protocol of the 22nd meeting, outlining ongoing initiatives and future areas of collaboration in defence and military technical cooperation.

Earlier in the day, Rajnath Singh and the visiting Russian Minister laid a wreath at the National War Memorial in New Delhi, honouring the Indian personnel who sacrificed their lives in service of the nation. The ceremony also included an inspection of the Ceremonial Tri-service Guard of Honour by the Russian dignitary.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..