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 In the early hours of May 7, India launched Operation Sindoor , a coordinated strike by its armed forces targeting terror bases in Pakistan and Pakistan-Occupied Kashmir (PoK). The operation showcased India’s use of a blend of high-precision, long-range strike weapons, with air power playing a pivotal role. As tensions rise over the possibility of further military escalation, it’s worth examining how India and Pakistan compare militarily. According to data from SIPRI, the Indian military possesses a larger fleet of aircraft than Pakistan. However, the most striking difference lies in drone capabilities and naval strength. India’s edge in drone power is particularly significant. Also check:  first4roofing  |  first4driveways Until 2024, India maintained an inventory of 200 medium-altitude, long-endurance (MALE) drones—three times the number Pakistan holds. Pakistan’s total stands at just 60, according to figures from the International Centre for Peace Studies (ICP...

 After carefully examining the Supreme Court’s May 2 ruling that invalidated JSW Steel’s ₹19,700 crore acquisition of Bhushan Power and Steel Ltd (BPSL), government officials believe the judgment contains significant “errors” that merit a review. According to two senior government officials, the committee of creditors (CoC) plans to file a review petition with the Supreme Court within the next two weeks. “The goal is to secure a stay on the SC order because we believe the ruling has major inaccuracies. Several points raised by the apex court regarding misconduct by the resolution professional or the NCLT/NCLAT are not factually correct,” one official told Moneycontrol after reviewing the judgment. Earlier this week, JSW Steel’s top management met with officials from the Ministry of Corporate Affairs (MCA), the Insolvency and Bankruptcy Board of India (IBBI), and the Department of Financial Services (DFS) to discuss next steps, sources said. On Monday, Financial Services Secretar...

 The Panorama newsletter, exclusive to Moneycontrol Pro subscribers, is delivered on market days. It provides a curated roundup of key stories on Moneycontrol Pro, along with insightful commentary on events, trends, or developments that investors should watch closely. Back in 1999, during the height of the Kargil conflict which ultimately ended with Pakistan pulling back under global diplomatic pressure, India’s economy posted an impressive 6.8% growth—surpassing even the IMF’s projections. Despite the heightened geopolitical tensions, India’s economic narrative was one of resilience. While the capital markets faced turbulence, with heightened volatility and erosion in investor wealth, the long-term picture remained optimistic. Today, we find ourselves witnessing a similar flare-up in tensions. The recent terror attack on civilians in Pahalgam, Kashmir, followed by India’s retaliatory operations targeting terror camps in Pakistan and Pakistan-occupied Kashmir, has further escalat...

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