Anti-ship version of BrahMos missile successfully test-fired
New Delhi, Apr 28: An anti-ship version of the BrahMos supersonic cruise missile was successfully test-fired jointly by the Indian Navy and the Andaman and Nicobar Command.
In a tweet, the Andaman and Nicobar Command said the test-firing was carried out on Wednesday.
The Andaman and Nicobar Command is the only tri-services command of the Indian armed forces.
"#IndianNavy & #ANC yet again demonstrate #CombatReadiness by successfully destroying target at sea through #AntiShip version of #BrahMos at A&N Islands on 27 Apr," it said.
On April 19, the Indian Air Force (IAF) successfully test-fired the BrahMos missile from a Sukhoi fighter jet on the Eastern seaboard.
Last month, the Indian Navy successfully test-fired an advanced version of the Brahmos missile from a stealth destroyer in the Indian Ocean.
BrahMos Aerospace, an India-Russian joint venture, produces supersonic cruise missiles that can be launched from submarines, ships, aircraft, or land platforms.
BrahMos missile flies at a speed of 2.8 Mach or almost three times the speed of sound.
The range of the advanced version of the missile is learnt to have been extended to around 350 km from the original 290 km.
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Rupee falls 9 paise to all-time low of 90.58 against US dollar in early trade
Mumbai (PTI): Rupee depreciated 9 paise to an all-time low of 90.58 against US dollar in early trade on Monday, weighed down by uncertainty over an India-US trade deal and persistent foreign fund outflows.
Forex traders said rupee is trading with a negative bias as investors are in wait and watch mode and awaiting cues from the India-US trade deal front.
At the interbank foreign exchange market, the rupee opened at 90.53 against the US dollar, then fell further to an all-time intraday low of 90.58 against the greenback, registering a fall of 9 paise over its previous close.
On Friday, the rupee had slipped 17 paise to close at an all-time low of 90.49 against the American currency.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.05 per cent lower at 98.35.
Brent crude, the global oil benchmark, was trading higher by 0.52 per cent at USD 61.44 per barrel in futures trade.
On the domestic equity market front, the 30-share benchmark index Sensex was trading 298.86 points lower at 84,968.80, while the Nifty was down 121.40 points at 25,925.55.
Foreign Institutional Investors sold equities worth Rs 1,114.22 crore on Friday, according to exchange data.
"FPIs continue to be in selling mode in equity and debt while RBI has been selling dollars to fund their long positions," said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP.
