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02.04.26 - 13:02
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Rupee Surges After India′s Offshore Crackdown (Bloomberg)
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India's rupee just saw its biggest jump in over 12 years as the RBI continues its crackdown on offshore bets against the currency. Bhaskar Dutta explains how the central bank is restricting access to a $149 billion-a-day market often used to short the rupee.
(Source: Bloomberg)...
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02.04.26 - 10:54
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India Unveils AI Kamikaze Drone As Global Powers Rush To Acquire Cheap Loitering Munitions (ZeroHedge)
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India Unveils AI Kamikaze Drone As Global Powers Rush To Acquire Cheap Loitering Munitions
The most visible weapon in the wars across Eurasia, from Ukraine to the Middle East, is the low-cost one-way attack drone. It has forever changed the economics of war and how war is fought on the modern battlefield by enabling swarm strikes at a fraction of the cost of traditional air-delivered munitions. Ukraine and Russia both proved this, and the last five weeks of the U.S.-Iran conflict have really confirmed it.
In many ways, the war in Ukraine accelerated what could very well be warfare of the 2030s, driven by the hyperdevelopment of low-cost consumer technologies that can be dual-use or easily weaponized. From FPVs and AI-enabled kill chains to drone boats, ground robots, and one-way attack drones, the modern battlefield has been transformed by low-cost, scalable, and increasingly autonomous war machines. It is an emerging threat we warned readers about right before the Gulf conflict, because count...
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