The project would create an inventory for all major weapons that would prepare the Army to fight a 30-day war. The size of a project reportedly finalised by the Indian Army under which a range of ammunition will be produced indigenously for critical weapons and tanks. This is said to be India’s biggest initiative to indigenise ammunition, thereby tackling delays in imports and shortages in stockpiles. Tell me more: The project, which would involve 11 private firms, would create an inventory for all major weapons that would prepare the Army to fight a 30-day war. Dena Bank’s net loss in the fourth quarter of 2017-18, compared with a net loss of Rs575 crore in the same period a year ago.

Source: Mint May 14, 2018 11:35 UTC