India’s central bank cuts interest rates sharply
India’s central bank made a bigger-than-expected interest rate cut, lowering the repo rate by half a percent to 5.5%, the lowest level in three years.
Germany will increase its military personnel by up to 60,000 troops as part of efforts to meet new NATO force and readiness targets, Defence Minister Boris Pistorius announced Friday, citing the country’s responsibility as Europe's largest economy.
Speaking ahead of a NATO defence ministers’ meeting in Brussels, Pistorius said the Bundeswehr will require between 50,000 and 60,000 additional active soldiers, bringing Germany’s total armed forces to approximately 250,000 to 260,000 troops.
"We are stepping up to our responsibility as Europe's largest economy," Pistorius told reporters, underscoring Germany’s commitment to bolstering collective defence capabilities.
The decision follows NATO’s internal assessment of capability gaps in the alliance's deterrence and defence posture, which identified major shortfalls across a range of areas — from combat-ready ground formations and long-range strike capabilities to ammunition reserves and secure communications infrastructure.
Due to the classified nature of the targets, NATO Secretary General Mark Rutte provided only general details. "We have to invest in our air defence systems, long-range missiles, manoeuvrable land-formations, and command and control systems — all of this has to happen," Rutte said, adding that significant financial investment would be required.
The move marks a significant step in Germany's ongoing efforts to rebuild military capacity following decades of underinvestment. It also aligns with NATO’s broader strategy to enhance readiness in response to evolving security challenges across Europe and beyond.
As peace talks progress, voices from Yerevan, Tbilisi, and Baku reveal hopes, concerns, and expectations for a future shaped by trade, trust, and generational change in the South Caucasus.
A bridge collapse in the Vygonichsky district of Russia’s Bryansk region, near the Ukrainian border, caused a train derailment and a traffic accident early Sunday, killing at least seven people and leaving 30 injured, according to emergency services.
Ukraine’s Security Service (SBU) has confirmed it carried out a third targeted attack against the Crimean Bridge, also known as the Kerch Bridge, early Tuesday morning, marking a new escalation in the ongoing conflict with Russia.
A strong 6.3 magnitude earthquake shook Japan’s Hokkaido prefecture early Monday, causing no reported injuries or damage, and no tsunami warning was issued, officials confirmed.
Peace talks between Russia and Ukraine ended abruptly in Istanbul on Monday, lasting just over an hour amid mounting tensions following a major Ukrainian drone strike on Russian strategic bombers and renewed pressure from the U.S. for a breakthrough.
David Beckham is set to receive a knighthood in the upcoming king’s birthday honours list, recognising his outstanding contributions to football and his charitable work.
]The third annual AI Film Festival opened Thursday night in New York, offering a glimpse into what artificial intelligence can now do on the big screen.
A local dive team has solved a nearly 140-year-old maritime mystery by identifying the wreck of the SS Nantes off the coast of Devon.
India’s central bank made a bigger-than-expected interest rate cut, lowering the repo rate by half a percent to 5.5%, the lowest level in three years.
Twenty-two crew members were safely rescued after a cargo ship carrying 3,000 vehicles, including 800 electric cars, caught fire in the North Pacific near Alaska’s Aleutian Islands.
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