Maldives financial situation in jeopardy

Malé, (UNI) Fitch Ratings, a prominent credit rating agency globally, has downgraded the Maldives’ long-term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC+’, drawing attention to the potential for the island nation to become deeply indebted, the island nation’s media reported on Thursday. Fitch publicised a report on Wednesday, revealing that Maldives long-term IDR has been…

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DRDO completes trials of aerial target Abhyas

New Delhi, June 27 (UNI) The Defence Research and Development Organisation (DRDO) has successfully completed six consecutive developmental trials of High Speed Expendable Aerial Target (HEAT) ‘Abhyas’ with improved booster configuration from the Integrated Test Range (ITR), Chandipur, Odisha, the Defence Ministry said on Thursday. With this, Abhyas has successfully completed 10 developmental trials demonstrating…

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