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2025 MILITARY SPENDING INCREASE
US construction spending inches up in May, but homebuilding weakIn May, US construction spending edged up by a mere 0.1%, influenced by increased mortgage rates partly due to tensions in the Middle East....- Anupam Misra takes charge as CMD of Hindustan CopperHindustan Copper Ltd has appointed Anupam Misra as its new Chairman & Managing Director, taking over from Sanjiv Kumar Singh. Misra, an IIT...
- Air Marshal Ashutosh Dixit takes charge as new Vice Chief of Indian Air ForceAir Marshal Ashutosh Dixit has assumed the role of Vice Chief of the Air Staff, succeeding Air Marshal Nagesh Kapoor. A distinguished offic...
- The secret lives of Ukraine's deep-strike drone teamUkrainian soldiers conducting daring long-range drone attacks on Russia operate in extreme secrecy, living lives shrouded in anonymity. The...
- How Pete Hegseth is destroying the Pentagon: Critics cite leadership purges, falling morale, and loyalty-driven decisionsUS Defense Secretary Pete Hegseth faces intense scrutiny over allegations of damaging military morale and sidelining expertise. Critics cla...
- Air Marshal Ashutosh Dixit to be next Vice Chief of IAF, relinquishes CISC appointmentAir Marshal Ashutosh Dixit, a decorated pilot with extensive flying experience, is slated to become the next Vice Chief of the Air Staff on...
- AI-enabled cyberattacks biggest near-term threat to financial system: RBIAI-powered cyberattacks are India's top financial system risk, according to the RBI's latest report. Banks and NBFCs are most concerned abo...
- ‘Microsoft powered genocide for 994 days’: Employee quits in dramatic resignation email, sends 'unhappy email' to thousands of company's employees. Here's what he wroteA Microsoft employee in Italy has resigned, alleging the tech giant fuels Israel's military actions in Gaza. His farewell email claims Micr...
- Nearly 1 million new millionaires created worldwide in 2025, UBS report findsThe year 2025 saw a striking 10.8% increase in global personal wealth, the highest growth rate in years, unleashing nearly one million new ...
- How NATO will try to keep Trump happy at Ankara summitUS President Donald Trump is set to attend a NATO summit in Ankara, aiming to appease him after his criticism of allies' response to his Ir...
- More cash, not enough weapons: NATO presses to produce moreNATO leaders face a critical challenge in Ankara: transforming increased defence budgets into actual weapons. Despite significant spending ...
- Defence Minister misled Parliament on Op Sindoor martyrs, should resign: CongressCongress is demanding Defence Minister Rajnath Singh's resignation, alleging he misled Parliament about casualties during Operation Sindoor...
- China places 20 Japanese entities on export control list for dual-use itemsChina has placed 20 Japanese firms, including subsidiaries of Mitsubishi and Fujitsu, under export controls for dual-use items. Beijing cit...
- Govt rebuts 'first recognition' reports on Operation Sindoor martyrsThe government has refuted claims that six soldiers killed in Operation Sindoor were only recently officially recognised. The Press Informa...
- ITC's packaged foods business crosses $2 billion in revenueITC's packaged food business soared past $2 billion in FY26, with overall FMCG consumer spending reaching Rs 37,000 crore. This growth was ...
- Russia fortifies Engels Airbase with hardened shelters for Tu-95 and Tu-160 strategic bombersRussia is fortifying its Engels Airbase with at least 17 new hardened aircraft shelters for its Tu-95MS and Tu-160 strategic bombers. This ...
- Government officially names, for the first time, 6 Indian military personnel killed in Operation SindoorFor the first time, the government has officially named six Indian soldiers, including five from the Army and one from the Air Force, who d...
- India's active credit cards cross 120 million in MayIndia’s credit card market crossed 120 million active cards in May, driven by strong new additions even as spending growth slowed, accordin...
- BHIM Payments App transaction volumes triple in year: OfficialBHIM Payments App witnessed a remarkable surge, with transaction volumes tripling between June 2025 and May 2026, reaching 244 million mont...
- German naval ambitions suffer setback as warship order axedGermany on Wednesday pulled the plug on its largest naval order in decades after the anti-submarine warship project suffered delays, a setb...
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