Huge £1.55bn Falkland Islands project sees Argentina issue stern warning
EXCLUSIVE: The operation has been approved by the government for 35 years.
Day: May 4, 2026
India’s First OptoSAR Satellite GalaxEye’s ‘Mission Drishti’ Launched Aboard SpaceX’s Falcon-9 Rocket
GalaxEye’s Mission Drishti, the world’s first OptoSAR satellite, has been successfully launched aboard SpaceX’s Falcon-9 rocket from California, marking a landmark achievement for India’s private space sector. Weighing 190 kg, it is India’s largest privately developed Earth observation satellite, designed to deliver all-weather, day-and-night imaging capabilities.Bangalore-based start-up GalaxEye
India-Bound LPG Tanker Sarv Shakti Safely Clears Strait of Hormuz, Heads To Visakhapatnam
A tanker carrying liquefied petroleum gas for India has successfully exited the Strait of Hormuz and is now en route to the country.The Marshall Islands‑flagged LPG carrier MT Sarv Shakti, carrying 46,313 tonnes of LPG and manned by 20 crew members, 18 of whom are Indians, cleared the crucial shipping chokepoint on 2 May. The vessel is expected to arrive at Visakhapatnam on 13 May.The shipment
ISRO-Roscosmos Semi-Cryogenic Engine Deal Draft Contract Is Currently Under Approval Process
The Indian Space Research Organisation (ISRO) has held detailed technical discussions with Russia’s space agency Roscosmos in Moscow regarding the delivery of semi-cryogenic rocket engines. According to ISRO’s Annual Report for 2025–26, a draft contract for the procurement is currently under the approval process, marking a significant step forward in India’s efforts to strengthen its launch
XDLINX Space Labs Opens Advanced Satellite Integration Facility With ISRO Leadership
XDLINX Space Labs has inaugurated its Advanced Space Systems Integration and Testing Lab in Hyderabad on 2 May 2026, with ISRO Chairman Dr V Narayanan in attendance.The facility strengthens India’s sovereign satellite infrastructure, supporting small and microsatellite platforms while aligning with the Atmanirbhar initiative.XDLINX Space Labs marked a major milestone with the opening of its new
India Tightens FDI Rules With New FEMA Amendment, Beneficial Ownership Under Scrutiny
India’s May 2026 Foreign Exchange Management Act (FEMA) amendment has tightened the foreign direct investment framework by shifting focus from the source of capital to the identity of its controllers. Beneficial ownership, indirect stakes, and future changes in control are now under scrutiny, with Pakistan barred from sensitive sectors.India’s new FEMA rules mark a decisive shift in its FDI
Global Crackdown Arrests 276, Shuts 9 Crypto Scam Centers, Seizes $701M
A coordinated international operation involving U.S. and Chinese authorities has arrested at least 276 suspects and shut down nine scam centers used for cryptocurrency investment fraud schemes targeting Americans, resulting in millions of dollars in lo…
North Korean side to make rare trip to South Korea
A team of North Korean footballers will make a rare visit to South Korea later this month.
At Least 3 Pakistani Soldiers Killed, Several Injured In Targeted Attack In Panjgur, Balochistan
At least three Pakistani soldiers were killed in Panjgur, Balochistan, after their vehicle was struck by an improvised explosive device (IED). The attack highlights the continuing rebel violence in the province, where rebel groups have intensified operations against security forces.The incident occurred in Panjgur district, where a military convoy was targeted by an IED blast. According to local
Israel Approves Acquisition of New F‑35 And F‑15IA Fighter Squadrons
Israel has formally approved the acquisition of two new fighter squadrons—one of F-35 Lightning-II aircraft and one of F-15IA fighters—in a multi‑billion dollar deal with Lockheed Martin and Boeing. The procurement, cleared by the Ministerial Committee on Procurement, is part of a wider military modernisation programme worth 350 billion shekels ($119 billion) aimed at strengthening Israel’s