Russian lawmakers approved a nearly 30 percent increase in defense spending for next year, totaling a record 13.5 trillion rubles ($134 billion) allocated for “national defense” – more than six percent of Russia’s GDP. President Vladimir Putin stated that Moscow is already spending close to nine percent of its economy on defense and security, the highest level since the Cold War, including other security-related expenditures not classified as “national defense”. This decision commits the country to further significant expenditures on its military offensive against Ukraine.
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IST to be mandatory time reference, govt asks banks, stock exchanges to discontinue using other systems
Denny generated AI Image NEW DELHI: The Indian government will make Indian Standard Time (IST) the mandatory time reference for all activities, urging banks, stock exchanges, and critical infrastructure sectors to stop using GPS and other systems. This initiative, backed by the Consumer Affairs Ministry and the National Physical Laboratory, aims to enhance cybersecurity and ensure accurate timekeeping through an indigenous system utilizing atomic clocks. Need More Context? 🔎
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