The White House and the Pentagon have warned that the supply of Patriot interceptor missiles may soon be unsustainable due to their substantial cost of around $2 million to $4 million each, The New York Times reported. As Russia intensifies its winter bombardment with a diverse range of missiles and drone weapons, Ukrainian defenses are reliant … Read more

According to satellite imagery, Japan’s Noto Peninsula was rattled and slightly enlarged when a 7.6-magnitude earthquake struck on January 1. Preliminary satellite analysis and on-the-ground surveys have found that the earthquake raised land along the coast — a process called uplift — by as much as 4 meters, roughly 13 feet. That means the sea floor along the coast … Read more

For FMCG majors, the year of 2023 has been a mixed bag. While easing commodity prices reduced stress on their margins, it also brought back local competition that exited the market during the pandemic. This year, they’ll have to keep fighting off competition from nimble, new-aged and local competitors but most brokerages bet that the … Read more

The broader Nifty declined by 76.10 points or 0.35% to close at 21,665.80. As many as 31 Nifty shares declined while 19 advanced. Among the Sensex firms, Kotak Mahindra Bank, UltraTech Cement, Mahindra & Mahindra, Larsen & Toubro, ICICI Bank, IndusInd Bank, Wipro and Hindustan Unilever were the major laggards. Sun Pharma, Bajaj Finance, Bharti Airtel, Reliance … Read more

Russian forces launched a record number of explosive-laden one-way attack drones at targets across Ukraine on New Year’s Day, the Associated Press reported. The attack involving 90 Shahed-style drones followed an attack on Russian territory Saturday that killed at least 25 people, according to Russian officials. It was one of the deadliest attacks on Russian soil since … Read more