Author: Defenceline Webdesk

India has intensified efforts to secure crude oil supplies as Middle Eastern flows have dwindled following the crisis triggered by US and Israeli strikes on Iran.Traditionally reliant on the Strait of Hormuz for nearly half of its imports, India has faced a sharp disruption in traffic through the waterway since late February.Analysts have warned that India’s modest reserves, compared with larger consumers such as China, leave it exposed to sudden price shocks. Yet, despite difficulties with cooking gas supplies, the country has avoided the petrol shortages that have affected some neighbours.Ship‑tracking data indicates that India has turned to a mix…

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FARMERS & MERCHANTS TRUST Co OF LONG BEACH grew its stake in shares of Netflix, Inc. (NASDAQ:NFLX – Free Report) by 914.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,417 shares of the Internet television network’s stock after acquiring an additional 6,686 shares during the period. FARMERS & MERCHANTS TRUST Co OF LONG BEACH’s holdings in Netflix were worth $695,000 at the end of the most recent quarter. Several other hedge funds have also recently bought and sold shares of NFLX. First Financial Corp IN lifted…

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General Electric Aerospace and Hindustan Aeronautics Limited have reached a landmark technical agreement to co-produce F414 jet engines in India, with nearly 80 per cent of the manufacturing technology and intellectual property rights transferring to HAL.A formal contract is expected before the end of the current financial year. This agreement covers the engine that will power the TEJAS MK-2, a heavier successor to the TEJAS MK-1A currently in service with the Indian Air Force.India plans to produce 99 F414 engines domestically in the first tranche, against an IAF requirement of 120 to 130 TEJAS MK-2 fighters. The same engine is…

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Dougherty Wealth Advisers LLC boosted its stake in Invesco QQQ (NASDAQ:QQQ – Free Report) by 167.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,848 shares of the exchange traded fund’s stock after buying an additional 16,193 shares during the period. Invesco QQQ accounts for approximately 9.0% of Dougherty Wealth Advisers LLC’s portfolio, making the stock its 4th largest position. Dougherty Wealth Advisers LLC’s holdings in Invesco QQQ were worth $15,879,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds have…

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India’s third aircraft carrier remains an elusive project, despite decades of advocacy from the Navy and repeated references in defence planning documents. At present, the fleet is limited to two carriers—INS Vikramaditya and INS Vikrant.The operational reality is that one of these is often under maintenance, leaving only a single carrier available for deployment at sea. This creates a strategic gap, as experts argue that a third carrier is essential to ensure at least two remain active at any given time, enabling simultaneous deployments in the Arabian Sea and Bay of Bengal.The absence of visible progress has drawn political attention.…

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Concord Wealth Partners lifted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL – Free Report) by 25.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 45,019 shares of the company’s stock after purchasing an additional 9,254 shares during the quarter. Concord Wealth Partners’ holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $4,114,000 as of its most recent SEC filing. Other hedge funds also recently modified their holdings of the company. Ashton Thomas Securities LLC acquired a new position in…

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