Federal Bank and Equirus Wealth in collaboration with SCUBE Capital, a global fund management company based out of Singapore, have launched a 'US dollar offshore fund' for their customers.
USA, with 39% share, retained its standing as the world's largest arms exporters during 2017-21. Russia (19%), France (11%), China (4.6%) and Germany (4.5%) were among the top 5 largest exporters respectively.
The Indian Navy conducted 'Operational Demonstration' at Visakhapatnam and a colourful International City Parade. It showcased various operations including special operations and sky diving, rescue operations and fly-past by naval aircraft.