BUSINESSTODY
Indian security agencies are investigating the suspected use of a Huawei satellite-enabled smartphone near Pahalgam at the time of last week's terror attack that killed 26 people. The movement of such a device was reportedly detected in the area and during the same period as the attack, raising concerns over the introduction of newer communication methods by operatives in Jammu and Kashmir.
Ask Anything, Know Better
9 hours ago SUMMARY OF THE NEWS India has restricted $770 million worth of imports from Bangladesh, which accounts for 42% of total bilateral imports. The move is expected to heavily impact readymade garments, processed food, and plastic products. What Has India Done? Imports through land ports have been restricted. These products can now only enter India via select sea ports — Kolkata and Nhava Sheva. This disrupts traditional land-based trade routes used extensively by Bangladesh. Why Did India...
1 day ago FINANCIALEXPRESS SUMMARY In a rare and major acceptance, Pakistan Prime Minister Shehbaz Sharif acknowledged that Indian ballistic missiles hit Nur Khan Airbase and other strategic sites during Operation Sindoor. This marks a clear departure from Islamabad’s earlier denials of Indian military actions on its soil. Sharif, while addressing a ceremony at the Pakistan Monument, stated that the Chief of Army Staff, General Syed Asim Munir, called him in the early hours of May 10 to inform him about the...
1 day ago ECONOMIC TIMES SUMMARY More than 600 drones launched by Pakistan were destroyed along the western borders during Operation Sindoor on May 7 and the following days, senior officers told TOI. To achieve this, more than 1,000 air defence gun systems and 750 short and medium range surface-to-air missile systems were deployed and mobilised in quick time. This led to a multi-layered air defence network transformed from a peace posture to full operational readiness to defend against the multiple drone waves unleashed by Pakistan...
1 day ago FINANCIALEXPRESS SUMMARY The share of gold maintained by the Reserve Bank of India in its foreign exchange reserves has almost doubled since 2021. (The New York Times) Gold, one of the rarest elements found in the Earth’s crust, has stood the test of time over thousands of years. Gold, a versatile element, is used in various industrial applications beyond its wearable status. However, what distinguishes it from all other asset classes is its reputation as the ‘bedrock’ of safe-haven wealth. CLICK HERE FOR...
Comments
Write Comment