Iran targets US base in Iraq with drones as Israel orders Beirut evacuation

The ammunition paradox: When industrial war returns to precision age

The Ukraine war revealed massive artillery demand, Ukrainians firing 5,000–8,000 rounds daily, Russians up to 20,000, exceeding pre-2022 production. The U.S., NATO, and allies have boosted artillery and precision missile output, though restoring stockpiles will take years. 10 hours ago
US grants 30-day waiver for India to buy Russian oil; global oil prices drop

US grants 30-day waiver for India to buy Russian oil; global oil prices drop

The US has granted India a 30-day waiver to import Russian crude stranded at sea. The temporary measure applies only to shipments loaded before early March and delivered to Indian ports. It aims to stabilise energy markets amid Middle East tensions, and global oil prices dropped following the announcement. 18 hours ago
West Asia tensions halt Kerala's fruit, vegetable exports, Ramzan market impacted

West Asia tensions halt Kerala's fruit, vegetable exports, Ramzan market impacted

Tensions in West Asia have severely disrupted Kerala's export of fruits, vegetables and fish, bringing shipments almost to a halt. Exporters report losses worth several crores as both air and sea cargo routes remain affected, with flight services to many Gulf destinations suspended and exports from Kerala's airports stalled. 1 day ago
Morgan Stanley lays off 2,500 employees across divisions: Report

Morgan Stanley lays off 2,500 employees across divisions: Report

Morgan Stanley has reportedly laid off about 2,500 employees, nearly 3% of its global workforce, due to shifting business priorities and performance reviews. The move comes despite record revenues in 2025, while firms like Block Inc., Amazon and Oracle are also cutting jobs amid AI-driven industry changes. 1 day ago
Army opens fire after suspicious movement along LoC in J&K's Rajouri

Army opens fire after suspicious movement along LoC in J&K's Rajouri

The Indian Army opened fire on Wednesday morning after detecting suspicious movement along the Line of Control (LoC) in Rajouri, Jammu and Kashmir, thwarting a potential infiltration attempt. Reinforcements have been dispatched, and a search operation is underway. 2 days ago