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India to build 52‑satellite surveillance grid to monitor China, Pakistan threats

India is rapidly building a powerful military space presence, launching a 52-satellite constellation from 2025 to 2029, with a significant portion by the private sector. This initiative, guided by a new joint doctrine, aims to enhance surveillance, secure communications, and space awareness, bolstering national security in an increasingly contested orbital domain.

‘Ready to co-develop Su-57 further with India without restrictions’: Putin hardsells fighter jet

Russia's President Putin has offered India joint development and production of the fifth-generation Su-57 stealth fighter jet. Despite India's withdrawal from a previous joint project, Russia is open to collaboration, aiming to bolster defence ties amidst India's own AMCA project and regional security concerns.

What makes the S-400 India's most powerful air defence system and why it matters to Pakistan

India's air defence capabilities have been significantly bolstered by the S-400 system, a formidable shield against aerial threats. Its advanced radar and missile technology allows for the interception of aircraft and ballistic missiles at extreme ranges, far surpassing Western counterparts. This strategic asset provides crucial coverage against regional adversaries, enhancing national security.

Venezuela, a big energy source, comes calling

India is bolstering its energy security by deepening ties with Venezuela, a top crude oil supplier. Discussions between PM Modi and Venezuela's acting President focused on long-term energy contracts and cooperation in critical minerals, tech, and agriculture. This move diversifies India's oil sources amidst global supply chain challenges.

US stocks today: Dow soars 800 points to hit record as Iran optimism offsets chip slump, weak jobs data

Wall Street advanced on Thursday as ​progress toward ending the Iran war buoyed investor sentiment, while disappointing results from Broadcom led a chip selloff that held the Nasdaq's gains in check.The blue-chip Dow surged, hitting a record closing high with a boost from healthcare and financial stocks.The S&P 500 posted more muted gains, while the Nasdaq ‌ended essentially unchanged. Chipmaker Broadcom ⁠missed revenue ⁠expectations, sending its shares tumbling and casting a pall over the AI frenzy, which has sent chip stocks soaring so far this year."About the only blemish ​on the market at this point is Broadcom, and I think investors are buying the dip," said Paul Nolte, senior wealth adviser and market ​strategist at Murphy & Sylvest in Elmhurst, Illinois. "I don't think investors have given up on chips yet, but what they've yet to come to grips with, 'Is this real? Are these valuations legitimate?' I'm not sure yet that investors have really questioned that." The U.S. House of Representatives ​passed a measure on Wednesday that would block President Donald Trump from continuing ⁠the war on Iran. Additionally, ‌a U.S.-mediated ceasefire agreement between Israel and Lebanon, an essential condition of an Iranian agreement to ​a peace deal, bolstered ​optimism of a near-term resolution to the war. But the truce was rejected by the pro-Iran Hezbollah, ⁠which said it would not withdraw troops from Lebanon.A drop in front-month crude ​futures reflected hopes that tanker traffic through the crucial Strait of Hormuz could shortly resume."How many ​deals have we had? It's always right around the corner, a corner we've yet to reach," Nolte added. "Things are moving, but are they moving at a pace that's going to allow the world to get back to what passes for normal in a few weeks, a few months, or maybe sometime next year?"On the economic front, initial jobless claims unexpectedly rose 6.1%, and first-quarter labor costs and productivity were revised sharply lower. A report from Challenger, Gray and Christmas showed layoffs announced by U.S. corporations jumped 11% in ‌May to 97,006. Nearly 40% of those layoffs were attributed to AI.According to preliminary data, the S&P 500 gained 31.14 points, or 0.41%, to end at 7,584.82 points, while the Nasdaq Composite lost 19.72 points, ​or 0.07%, to 26,834.26. The ​Dow Jones Industrial Average rose ⁠875.09 points, or 1.73%, to 51,562.16.Chipmaker Marvell Technology gained, while Advanced Micro Devices, Micron Technology and Qualcomm lost ground on the day.The healthcare sector got a boost from UnitedHealth after Bank of America raised its rating on the healthcare conglomerate's shares to "buy."The financial index's rebound ​followed a sharp selloff in the previous session due to revived concerns over private credit. Blackstone shares advanced after it became the latest asset manager to cap withdrawals from its flagship private credit fund following a rise in redemption requests. Cybersecurity firm CrowdStrike slumped after reporting an increase in quarterly operating expenses. An investor roadshow for Elon Musk-led SpaceX began on Thursday ahead of its market debut on June 12. It aims to raise $75 billion in a record IPO that would value it at $1.75 trillion.

Sudarshan Chakra: India's 'kill-web' to counter growing nuclear arsenals of China, Pakistan

China's nuclear arsenal is rapidly growing, with over 300 new silos and expanded fissile material production aiming for parity with the US. Pakistan counters India with a "full spectrum deterrence" doctrine and diverse missile systems. India is bolstering its defence with the multi-layered Sudarshan Chakra air-defence umbrella to counter both threats.

‘Perfect complementarity’: India, Venezuela deepen energy ties

India is bolstering energy ties with Venezuela, now its third-largest crude supplier, to diversify imports amidst West Asia disruptions. Discussions also explored broader economic cooperation in sectors like mining, pharmaceuticals, and agriculture, with Venezuela viewing India as a stable, long-term partner. High-level delegations are examining investment opportunities.

Jewar airport corridor: Infrastructure project that could boost nearby property markets

A crucial 15.1 km corridor is nearing completion to seamlessly connect the upcoming Jewar International Airport with the Yamuna Expressway. This vital artery, part of the YEIDA master plan 2041, will significantly ease traffic flow for commuters from Noida, Greater Noida, and surrounding sectors. The project promises smoother airport access and a faster alternative route, bolstering the region's exponential development.

India's 'Sudarshan Chakra': Why a nationwide air defence shield is becoming a necessity

A recent Ukrainian drone attack on St. Petersburg, bypassing Russian defenses, highlights the global need for advanced air defense. India is bolstering its capabilities with Mission Sudarshan Chakra, a multi-layered shield inspired by systems like Israel's Iron Dome and US platforms. This ambitious project aims for comprehensive protection by 2035, integrating space-based surveillance and AI.

Europe raises 'Kill Switch' fears, makes all 27 countries to junk US, Chinese tech

Europe is forging ahead with ambitious plans to break free from reliance on US and Chinese technology, particularly in critical sectors like AI and microchips. New regulations aim to bolster "tech sovereignty" by ensuring sensitive data remains within the EU and boosting domestic semiconductor production, safeguarding against foreign digital threats and supply chain disruptions.

Rudram-II: How India's hypersonic missile uses enemy radars to destroy them

India is bolstering its aerial capabilities with the indigenous Rudram series of anti-radiation missiles, designed to neutralize enemy radar systems. These 'radar busters' are crucial for ensuring safe flight operations for Indian aircraft. Recent successful flight tests of the Rudram-II variant highlight India's commitment to advanced defense technology, complementing existing Russian-origin missiles.

Google CEO Sundar Pichai sends a ‘thanks note’ to Warren Buffett’s Berkshire Hathaway

Alphabet has secured a massive $45 billion equity offering, with Warren Buffett's Berkshire Hathaway leading with a $10 billion investment. This substantial capital infusion is earmarked for bolstering Google's AI compute infrastructure, a critical area identified by CEO Sundar Pichai. The company anticipates a total of $85 billion for this AI build-out, underscoring its strategic focus on artificial intelligence.

Big fleet expansion: Navy to add 4 made-in-India warships, one survey vessel this month

The Indian Navy is set to significantly expand its fleet this month by inducting five indigenously-built naval platforms. These include two Project 17A stealth frigates, a survey vessel, and two anti-submarine warfare crafts, enhancing maritime security and reducing foreign dependence. The new additions bolster India's growing indigenous shipbuilding capabilities and combat readiness.

Carlsberg bolsters India leadership ahead of IPO

India's ‘Sudarshan Chakra’ gets more powerful: Fourth S-400 squadron arrives from Russia

India has received its fourth S-400 air defence squadron from Russia, significantly bolstering its long-range aerial defence. This delivery, part of a larger 2018 deal, follows earlier squadrons and is set for rapid deployment. The system has proven effective, notably during Operation Sindoor, and is integrating into India's broader 'Sudarshan Chakra' air defence network alongside indigenous projects like Kusha.

Google makes biggest-ever equity capital markets transaction of all time

Google is planning a historic $80 billion equity capital markets transaction to fund its significant investments in artificial intelligence infrastructure. This massive fundraising effort includes a $40 billion at-the-market offering and a $10 billion private placement with Berkshire Hathaway, aiming to bolster its AI capabilities amidst fierce industry competition.

Venezuela’s acting President Delcy Rodriguez’s visit this week to focus on energy ties

Venezuela’s acting President Delcy Rodríguez will visit India this week for talks with Prime Minister Narendra Modi to bolster bilateral ties against the backdrop of growing energy cooperation, with the South American state becoming the country’s third-largest supplier of oil this month.

Why Washington is considering expanding nuclear deployments across Europe

America is considering expanding its nuclear weapons deployment to more NATO allies, with eastern European nations like Poland reportedly showing interest. This move aims to bolster deterrence amid rising tensions with Russia. These arrangements, historically central to NATO's defense, ensure allies share in nuclear policy and risk, strengthening collective security and the US commitment to protect its partners.

India moves closer to mega Rafale deal, but will it solve the IAF's fighter shortage?

India is set to procure 114 Rafale fighter jets from France in a significant government-to-government deal worth Rs 3.25 lakh crore. While 18 will be fly-away, 96 will be manufactured in India. This acquisition aims to bolster the Indian Air Force's depleted squadron strength, though indigenous programs like Tejas Mk2 and AMCA are crucial for long-term security against evolving threats.

In security talks, Rajnath, Australian defence minister advocate stable Indo-Pacific

India and Australia emphasized freedom of navigation and a free, open Indo-Pacific during their Defence Ministers' Dialogue. The two nations are advancing bilateral maritime security cooperation, including joint maritime domain awareness activities and exploring enhanced undersea domain awareness, to bolster regional peace and security.