April 8, 2026 10:56 PM

Wars impose deep and prolonged economic costs on countries, IMF research finds

Wars cause large and persistent economic losses in countries where fighting takes place, with output declining by roughly 7% over five years on average, and economic scars lasting for more than a decade, the International Monetary Fund said in research released on Wednesday. The IMF examined the cost of active conflicts - now at the highest levels since the end of World War Two - and the macroeconomic consequences of sharp increases in military spending in two chapters of its forthcoming World ...

March 9, 2026 4:19 PM

NATO drills for war in Arctic with focus on civilians being ready

NATO began its biennial drills in the Arctic on Monday, this ​time placing more emphasis on the role of civilians in supporting the military, at ‌a time of high tension over U.S. President Trump's push to take over Greenland from fellow NATO member Denmark. The drills, named Cold Response, focus on defending the alliance in the European Arctic, where NATO-members Norway and Finland share a border with ​Russia, and will run March 9-19 this time. The exercise has now become part of Arctic ...

November 22, 2025 5:16 PM

Canada’s Carney and France’s Macron discuss Ukraine, Gaza on G20 sidelines

Canadian Prime Minister Mark Carney and French President Emmanuel Macron discussed the war in Ukraine and the situation in Gaza on the sidelines of the G20 summit in South Africa, the Canadian government said on Saturday. The two leaders reaffirmed their support for Ukraine and stressed that any settlement to the war must involve Kyiv, respect Ukraine’s core interests and provide security guarantees, the Canadian government said in a statement. Carney committed to working with allies to reac...

July 6, 2025 10:28 AM

Iran’s Khamenei attends public event after weeks of war with Israel

Iran's Supreme Leader Ayatollah Ali Khamenei attended a religious event on Saturday, according to a video carried by state television, after reports that he was in a "secure location" since the start of a 12-day air war with Israel in which top Iranian commanders and nuclear scientists were killed. The video carried by state media showed dozens attending a ceremony to mark Ashura, the holiest day of the Shi'ite Muslim calendar, standing chanting as Khamenei entered a hall where many government ...

July 4, 2025 4:45 PM

Indian Army charts ambitious roadmap for modernisation, seeks industry partnership for next-gen warfare

The Indian Army has unveiled a comprehensive modernisation roadmap aimed at transforming its capabilities across multiple domains, ranging from hypersonic weapons to advanced soldier systems, as it prepares for the challenges of future warfare. The announcement was made by Lt Gen Amardeep Singh Aujla, Master General Sustenance of the Indian Army, during the “New Age Military Technologies: Industry Capabilities & Way Forward” conference organised by FICCI. Outlining the Army’s ambitiou...

June 26, 2025 2:16 PM

North Korea may send more troops to Russia in July or August for Ukraine war, Seoul says

North Korea may deploy additional troops to Russia to fight in the war against Ukraine in July or August and Pyongyang is continuing to supply arms to Russia, South Korean lawmakers said on Thursday, citing a briefing by the intelligence agency. The National Intelligence Service (NIS) believes Russia may be readying to mount a large-scale assault against Ukraine in July or August, South Korean member of parliament Lee Seong-kweun told reporters after the closed-door briefing. "The timing of th...

June 24, 2025 3:42 PM

Operation Sindhu: IAF brings back 268 Indian nationals from Israel

The Indian Air Force (IAF) on Tuesday repatriated 286 Indian nationals from Sharm El-Sheikh, Egypt, who had been residing in Israel. With this, the total number of Indian citizens brought back from Israel has risen to 594. Union Minister of State for Parliamentary Affairs L. Murugan welcomed the Indian nationals upon their arrival in New Delhi. This is the second IAF flight bringing back the Indians from Israel. Earlier in the day, an IAF flight carrying 165 Indians had arrived in the national...

June 22, 2025 2:00 PM

Iran Launches True Promise 3 Wave 20 Missile Strike on Israel, Targeting Ben Gurion Airport and Military Facilities

Iran executed its most significant missile barrage of the year against Israel early Sunday morning as part of Operation "True Promise 3," with Wave 20 targeting Ben Gurion Airport, biological research centers, and command and control facilities. The Islamic Revolutionary Guard Corps confirmed the strikes were launched in response to recent U.S. and Israeli airstrikes on Iranian territory, marking a dangerous escalation in the ongoing West Asian conflict that has now entered its second week. At ...

June 22, 2025 1:18 PM

Israel under missile attack, Iran says all options open after US strikes

Israel faced a missile attack on Sunday as Iran said it reserved all options to defend itself after unprecedented U.S. strikes that President Donald Trump said had "obliterated" its key nuclear facilities. Hours after Trump dramatically escalated Middle East tensions by sending B-2 bombers to Iran, the Israeli military warned people to seek cover from a barrage that appeared heavier than the Iranian salvoes fired in the past few days. "The events this morning are outrageous and will have everl...

June 22, 2025 12:14 PM

Airlines keep avoiding Middle East airspace after US attack on Iran

Airlines continued to avoid large parts of the Middle East on Sunday after U.S. strikes on Iranian nuclear sites, according to flight tracking website FlightRadar24, with traffic already skirting airspace in the region due to recent missile exchanges. "Following US attacks on Iranian nuclear facilities, commercial traffic in the region is operating as it has since new airspace restrictions were put into place last week," FlightRadar24 said on social media platform X. Its website showed airline...