A large fire broke out at a prominent Russian missile factory in the Tula region following a series of Ukrainian drone attacks, according to The Moscow Times. Tula administration head Dmitry Milyaev confirmed that five drone raids occurred between May 6 and May 7. Although Russian air defense systems were …
PwC, one of the Big Four accounting firms, is laying off around 1,500 employees in the US, citing historically low staff turnover as the primary reason. The job cuts represent about 2% of PwC’s 75,000-strong US workforce, with most reductions occurring in its audit and tax divisions. Why is PwC …
India Conducts Nationwide Civil Defence Drills Amid Indo-Pak Tensions After Pahalgam Terror Attack In a historic move, India launched nationwide civil defence drills across 244 districts, including 100 marked as “highly sensitive” such as Delhi, Mumbai, and nuclear zones, to strengthen public safety and response capabilities in the face of …
Moody’s Ratings has revised India’s GDP growth forecast for 2025 down to 6.3%, from its earlier estimate of 6.5%, citing increasing global policy uncertainty, particularly around trade tariffs and geopolitical tensions. The agency has also flagged recent India-Pakistan tensions as an emerging threat to the country’s economic trajectory. This downgrade …
Saudi Arabia’s Refinery Investments in India Stall Over Crude Supply Terms Saudi Arabia’s ambitious plans to invest in two major oil refinery projects in India have hit a roadblock, with negotiations stalling over crude supply pricing and volume, sources familiar with the matter revealed. The refinery projects, involving Bharat Petroleum …
Pakistan Test-Fires Second Missile Amid Rising India-Pakistan Tensions After Pahalgam Attack Amid growing regional tensions, Pakistan on Monday conducted a successful test of its domestically developed surface-to-surface missile Fatah, capable of striking targets up to 120 kilometres away. The missile was tested as part of a large-scale military drill named …
In a key mid-season move, Punjab Kings (PBKS) have officially signed Australian all-rounder Mitch Owen as a replacement for Glenn Maxwell, who has been ruled out of the remainder of IPL 2025 due to a broken finger. Owen joins the franchise for a fee of ₹3 crore. Mitch Owen’s T20 …
