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Is India ready for Spiderweb attacks?

Business News - June 3, 2025 - 1:00pm
A Ukrainian drone operation destroyed over 40 Russian aircraft on June 1, marking the farthest attack deep 4,000 km inside Russian territory since the war began in February 2022. The strike occurred a day before peace talks between the two countries were scheduled in Istanbul. Ukrainian President Volodymyr Zelenskyy said in a video statement that “Operation Spiderweb” was planned for 18 months and involved 117 drones targeting only military sites. Ukraine targets Russian airbases with dronesAccording to Ukraine, the attack was executed using FPV drones that were smuggled into Russia in advance. These drones were placed inside mobile wooden structures, hidden under rooftops, and launched remotely. The Russian Defence Ministry confirmed attacks on five locations, including one over 4,000 km from the Ukrainian border.Also Read: Operation Spiderweb shows how small $400 drones deliver big blows to Russia's $7 billion fighter jetsWhat are FPV drones?FPV stands for First Person View. These drones transmit live footage to the operator through a camera mounted on the drone. The feed can be viewed using goggles, smartphones, or other devices. FPV drones are often used in various industries, including media, but are also increasingly being used in military operations.According to the European Union Aviation Safety Agency, one major concern with FPV drones is reduced situational awareness for the operator, which can cause disorientation. A visual observer is sometimes required to support navigation. These drones usually have a shorter range compared to surveillance drones and are guided to targets after a reconnaissance drone surveys the area.Why FPV drones are used in battleOne of the key advantages of FPV drones is cost. A Reuters report estimated the cost of an FPV drone with a payload at around $500. This makes them cost-effective alternatives to conventional weapons. The report noted, “The tiny, inexpensive FPV (first-person view) drone has proved to be one of the most potent weapons in this war, where conventional warplanes are relatively rare because of a dense concentration of anti-aircraft systems near front lines.”FPV drones are harder to detect and can conduct deep strikes. This makes them useful for attrition-based strategies. Both Ukraine and Russia have been increasing domestic production of drones to support their military needs.Also Read: Russian missiles, Western worries: India’s arms map is changingUkraine's FPV StrategyUkraine has used FPV drones since early in the war. Forbes reported that Vyriy Drone handed over 1,000 “all-Ukrainian” FPV drones in March 2025. Ukraine aims to produce over four million drones this year. However, there are concerns over component dependency, especially for parts sourced from China. A report by the Center for Strategic & International Studies last year stated that China dominates the global drone market and is a key supplier of essential components like lithium-ion batteries.India's Preparations: Indian Army inducts FPV drones into its armyThe Indian Army has successfully developed and tested its first First-Person View (FPV) drone equipped with an impact-based, kamikaze-role anti-tank munition. This project, initiated in August 2024, was a collaboration between the Army's Fleur-De-Lis Brigade and the Terminal Ballistics Research Laboratory (TBRL) in Chandigarh. The drone features a dual-safety mechanism and live feedback relay system, ensuring precision and safety during operations. Five drones, each costing Rs 1.4 lakh, were inducted initially, and 95 more will be added later. The drones were fully assembled at the Rising Star Drone Battle School, which has produced over 100 drones as of March 2025.India's Advanced Counter-Drone SystemsTo address the evolving drone threats, India is investing in advanced counter-drone technologies:Bhargavastra Micro-Missile System: Developed by Solar Defence and Aerospace Limited, this multi-layered anti-drone system employs lightweight guided and unguided micro-missiles to neutralize loitering munitions and autonomous swarm drones. It boasts a detection range of 6–10 km and an interception range of up to 2.5 km Akashteer Air Defence System: An indigenous automated air defense control and reporting system developed by Bharat Electronics Limited. Akashteer enhances the Army's capability to monitor low-level airspace and efficiently control ground-based air defense weapons. It has been instrumental in neutralizing drone threats during recent conflicts .en.wikipedia.orgIndrajaal Autonomous Drone Defence Dome: Developed by Grene Robotics, Indrajaal is an AI-powered counter-drone system capable of detecting and neutralizing various drone threats, including silent and nocturnal drones. It operates effectively in challenging terrains, ensuring comprehensive aerial security.Also Read: The Ukrainian truck trick: How Kyiv smuggled drones 6,000 km into Russia to strike bases housing nuclear-capable aircraftOperational Preparedness and DrillsIndia has conducted mock drills simulating aerial and drone attacks across several regions, including Rajasthan. These exercises involved civil defense and State Disaster Response Force teams practicing emergency response scenarios, such as evacuations and blackout protocols, to enhance preparedness against potential drone-based threats .Strategic ImplicationsThe recent drone attacks deep inside Russian territory have highlighted the need for robust drone and counter-drone capabilities. India's proactive measures in developing indigenous FPV drones and advanced counter-drone systems reflect a strategic shift to address modern warfare challenges. By investing in these technologies and conducting regular preparedness drills, India aims to fortify its defense infrastructure against potential asymmetric threats.
Categories: Business News

Bihar: कांग्रेस और VIP के बाद वाम दलों ने बढ़ाई RJD की टेंशन! सीटों के दावे से बिहार की सियासत में मची खलबली

Dainik Jagran - June 3, 2025 - 12:33pm

राज्य ब्यूरो, पटना। कांग्रेस और विकासशील इंसान पार्टी की ओर से सीटों की बढ़ी मांग से परेशान राजद पर वामदलों ने भी अधिक सीटों के लिए दबाव बनाना शुरू कर दिया है।

2020 में तीन वाम दलों को विधानसभा की कुल 29 सीटें दी गई थी। इनमें 16 पर जीत हुई। 2025 में वाम दल 65 सीटों पर लड़ाई की तैयारी कर रहे हैं।

उत्तर बिहार और सीमांचल में भी नई सीटें चाह रहा है भाकपा (माले)

भाकपा (माले) उत्तर बिहार और सीमांचल में भी नई सीटें चाह रहा है। भाकपा दक्षिण बिहार में अपनी उपस्थिति दर्ज कराना चाह रही है। पिछली बार चार सीटों पर लड़ी माकपा चुनाव में दायरा बढ़ाने में जुटा है।

पिछले विधानसभा चुनाव में महागठबंधन से भाकपा (माले) को 19 सीटें मिली थीं जिनमें 12 सीटों पर माले की जीत हुई थी। इस बार भाकपा माले ने राजद से 30 सीटों की मांग की है।

इसकी पुष्टि माले के पोलित ब्यूरो के सदस्य और मिथिलांचल के प्रभारी धीरेन्द्र झा ने की है। विगत विधानसभा चुनाव में महागठबंधन कोटे से छह सीटों पर चुनाव लड़ने वाली भारतीय कम्युनिस्ट पार्टी (भाकपा) ने 25 सीटों की मांग राजद के समक्ष रखी है।

हालांकि विगत विधानसभा चुनाव में भाकपा को दो सीटों पर ही जीत मिली थी। फिर भी बड़ी संख्या में सीटों की दावेदारी कर महागठबंधन पर दवाब बढ़ा दिया है। वहीं पिछली बार

माकपा को चार सीटें राजद ने दी थी और उसे दो सीटों पर जीत हासिल हुई थी। इस बार माकपा ने 10 सीटों पर दावेदारी पेश की है।

पार्टी के राज्य सचिव सचिव ललन चौधरी ने बताया कि केंद्रीय कमेटी अंतिम रूप से सीटों की संख्या तय करेगी, लेकिन राज्य कमेटी ने 10 सीटों पर चुनाव लड़ने की इच्छा जता दी है।

Categories: Bihar News

Go Fashion shares rally 5% as Motilal Oswal initiates coverage with buy, sees 31% upside

Business News - June 3, 2025 - 11:29am
Shares of Go Fashion climbed as much as 5.1% on Tuesday to Rs 904.50 on the BSE after brokerage Motilal Oswal initiated coverage on the stock with a 'buy' rating and a target price of Rs 1,127, citing the company’s category leadership in women’s bottom-wear and a scalable, brand-led retail model.The target price of Rs 1,127 indicates an upside potential of 31% from current levels.Motilal Oswal described Go Fashion, which operates under the ‘Go Colors’ brand, as “a pioneer and category leader in the women’s bottom wear market, holding an 8% share of the organized market.” The brokerage added that the company has “successfully established a direct-to-consumer (D2C) brand, offering a wide range of products through 776 exclusive brand outlets (EBOs) across 180 cities.”The brokerage highlighted that “bottom wear addresses functional, repeat-use needs and is less susceptible to fashion cycles compared to top wear,” enabling steady demand and operational stability. The segment, valued at Rs 135 billion in 2020, is the fastest-growing sub-category in the apparel market, with about 12% CAGR and relatively low organized retail penetration, estimated at about 38% by 2025.According to the brokerage, “GOCOLORS’s success stems from its exclusive focus on women’s bottom-wear, a structurally underserved category, which enabled the company to build deep domain expertise, high product variety, and strong brand recall, and its early transition to the EBO model, which provided complete control over pricing, merchandising, and consumer experience.”Financial performance and projectionsBetween FY19 and FY25, the company delivered a 20% CAGR in revenue and profit, with EBOs contributing 73% of sales. Gross margins improved 350 basis points to 63.3% over the period, though EBITDA margins stayed flat at about 17% due to negative operating leverage in FY25.Still, Go Fashion generated Rs 3.3 billion in cash from operations and Rs 1.6 billion in free cash flow, maintaining an 18% return on capital.Looking ahead, Motilal Oswal sees a 16% revenue CAGR through FY28, driven by 18% growth in EBO and online channels. It expects operating leverage to offset some pressure from raw material costs, expanding EBITDA margins to 18.2%.“We value the stock at 45x FY27E EPS to arrive at our TP of INR 1,127,” the note said, adding that the stock currently trades at 34x FY27E EPS after a recent correction.Technical outlook and recent stock performanceGo Fashion shares have declined 8% over the past year and are down 21% in the last six months. However, the stock has recovered 25% over the past three months and gained 4.3% in the last week.Technically, the stock is trading above six of its eight key simple moving averages, including the 5-day, 10-day, 20-day, 30-day, 50-day, and 100-day SMAs. It remains below the 150-day and 200-day SMAs. The Relative Strength Index (RSI) stands at 56.6, indicating the stock is neither overbought nor oversold. Meanwhile, the Moving Average Convergence Divergence (MACD) is at 18.7, above its centerline but below the signal line.Also read | Why is it the perfect time to invest in Nifty 200 Momentum 30 Index?(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Categories: Business News

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