IndiQube Spaces files for IPO to raise Rs 850 crore

The 13th edition of joint military exercise 'Ekuverin' between the Indian Army and Maldives National Defence Force commenced, focusing on counter insurgency, counter terrorism, and humanitarian assistance over a 14-day period to enhance interoperability. The opening ceremony was attended by Maldives Defence Chief Major General Ibrahim Hilmy and Indian High Commissioner G Balasubramanian. Full Article

The Indian Rupee dropped nearly 0.6% to breach the 87 mark against the U.S. Dollar amidst a global meltdown for emerging market currencies after President Trump imposed higher tariffs on Canada, Mexico, and China. Economic Affairs Secretary Ajay Seth emphasized India's focus on managing volatility and not using exchange rate policies to promote exports, aiming to make the country more self-reliant and competitive. The government aims to address uncertainties and strengthen export competitiveness through quality...

The UN Human Rights Monitoring Mission has documented a surge in the execution of captured Ukrainian soldiers by Russian forces since August 2024, labeling it as a war crime. Through in-depth investigations and eyewitness testimonies, multiple incidents have been uncovered where surrendered or wounded Ukrainian troops were summarily shot by Russian troops. The report underscores the gravity of these actions and the urgent need for accountability and justice in the ongoing conflict. Full Article

Rahul Gandhi, Leader of the Opposition in the Lok Sabha, accused the Prime Minister of denying China's occupation of 4,000 sq km of Indian territory, a claim contradicted by the Army. Gandhi's strong statement on India's territorial disputes emphasizes the ongoing tensions with China and questions the government's handling of the situation. Full Article

In a parliamentary session, Kharge estimated numbers related to a government issue, but emphasized the importance of providing accurate figures. Despite being urged to retract his statement, he continued with his speech, paying tribute to former prime minister Manmohan Singh. Chairman Dhankhar expressed disappointment over Kharge's claim and appealed for honesty in discussions within the House. Full Article

India's Defence Budget for 2025-26 increases by 9.53% to ₹6.81 lakh crore, with a focus on pensions, salaries, and modernisation. Despite the rise in capital outlay, experts believe it may not be sufficient for new acquisitions amid regional tensions. The budget emphasizes domestic procurement, R&D, and border infrastructure to enhance self-reliance and defence capabilities in a challenging geopolitical environment. Full Article