India is investing Rs 13,000 crore in Great Nicobar Island for a dual-use airport, bolstering civilian connectivity and military readiness near the vital Strait of Malacca. This strategic project enhances surveillance of crucial shipping lanes, impacting China’s energy security and strengthening India’s Indo-Pacific influence. The development also includes a trans-shipment hub, aiming to boost India’s economic standing.
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Japan and the United States intervened in currency markets to address yen volatility. This joint…