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New Generation AKASH (AKASH-NG) missile from the Integrated Test Range (ITR), Chandipur off the coast of Odisha at 10.30 am today. The flight test was conducted against a high-speed unmanned aerial target at a very low altitude. During the flight test, the target was successfully intercepted by the weapon system and destroyed.

In a statement, Russia's Permanent Mission to the UN said, «Russia has requested an urgent UN Security Council meeting on January 12 in connection with US and UK strikes on Yemen.» In a statement to TASS, the mission said the meeting was scheduled for 10 am (local time) (3 pm GMT) Russia's decision comes after US military forces, along with the United Kingdom and with support from Australia, Bahrain, Canada, and the Netherlands, carried out strikes against a number of targets used by Houthi rebels in Yemen in the early hours of January 12. UK Prime Minister Rishi Sunak has said that the Royal Air Force has conducted targeted strikes against military facilities used by Houthi rebels in Yemen, calling it «limited, necessary and proportionate action in self-defence.» Rishi Sunak said the UK will always stand up for «freedom of navigation and the free flow of trade.» He stated that the Houthis, despite the repeated warnings from the international community, continue to conduct attacks in the Red Sea, including against UK and US warships just this week. In a statement, Rishi Sunak said, «Despite the repeated warnings from the international community, the Houthis have continued to carry out attacks in the Red Sea, including against UK and US warships just this week.» «This cannot stand.

Houthi military positions in Yemen Thursday night in a massive “direct response” to escalating attacks on vessels in the Red Sea, U.S. President Joe Biden confirmed.The move marks a dramatic escalation of a simmering regional conflict in the Middle East sparked by Hamas’ deadly attack on Israel last October and Israel’s responsive offensive on Gaza.Canada joined Australia, Bahrain and the Netherlands in providing support for the strikes, but the extent of that support was not immediately clear.“These targeted strikes are a clear message that the United States and our partners will not tolerate attacks on our personnel or allow hostile actors to imperil freedom of navigation in one of the world’s most critical commercial routes,” Biden said in a statement provided by the White House.“I will not hesitate to direct further measures to protect our people and the free flow of international commerce as necessary.”The strikes targeted Houthi-connected facilities storing the rebel group’s combat drones and ballistic and anti-ship missiles, as well as air defence systems and logistical hubs in Yemen, U.S.

By Stella Qiu

(Reuters) — The United States and Britain launched strikes from the air and sea against Houthi military targets in Yemen in response to the movement's attacks on ships in the Red Sea, a dramatic escalation of the Israel-Hamas war in Gaza.

Haveri that saw six to seven men barge into a hotel room where a 26-year old woman and a 40 year old man had checked in took a new turn when the woman had alleged that she was raped by the gang, according to media reports. The Karnataka police had already nabbed two of the suspects, and a third was to be taken into custody after he recovered from an accident. However, according to an NDTV report, the police were uninformed about the rape allegations.

Houthi spokesperson says targeting of ships heading towards Israel will continue, after United States backed coalition, including United Kingdom, launches heavy airstrikes across Yemen. The Yemen's Houthi spokesperson also said, “No justification for the US-UK attack on Yemen". The attack by the US and UK on Yemen comes weeks after the Houthi rebels allegedly unleashed disruptive attacks on Red Sea hurting commercial shipping on the trade route.

₹329.00 apiece on the BSE. However, IKIO Lighting shares are still trading 16% below its listing price on the stock exchanges. IKIO Lighting shares made a stock market debut on June 16, 2023, with the stock getting listed at ₹391 on BSE, a premium of 37.19% to the issue price of ₹285 per share.

HDFC Asset Management Company with a target price of Rs 3900. The current market price of HDFC Asset Management Company Ltd. is Rs 3425. HDFC Asset Management Company Ltd., incorporated in the year 1999, is a Large Cap company (having a market cap of Rs 72214.17 Crore) operating in Financial Services sector. HDFC Asset Management Company Ltd.

State Bank of India with a target price of Rs 800. The current market price of State Bank of India is Rs 626. State Bank of India, incorporated in the year 1955, is a banking company (having a market cap of Rs 556181.82 Crore).

New Delhi: India’s G20 Sherpa and former NITI Aayog chief executive Amitabh Kant emphasized the country's strategic shift towards a circular economy, citing its potential to foster environmental conservation, economic growth, and job creation. Speaking at the ‘FICCI Circular Economy Symposium’, Kant set forth an ambitious target for India to reduce the cost of green hydrogen production to $1 per kg by 2030, down from the current rate of $4.5 per kg. Kant underscored the urgency for India to accelerate its growth rate from the current 7.5 percent to between 9 and 10 percent per annum in the coming years, with a particular focus on renewable energy and green hydrogen.

Canara Bank with a target price of Rs 550. The current market price of Canara Bank is Rs 458.35. Canara Bank, incorporated in the year 1906, is a banking company (having a market cap of Rs 81173.26 Crore).

Infosys Ltd. with a target price of Rs 1750.

Citi Research on Friday lowered its Brent price forecasts for this year and 2025, citing oversupply concerns but expects prices holding above $70 per barrel in 2024 as OPEC+ keeps global oil markets «finely balanced». Citi cut its 2024 Brent price forecast by $1 to $74 per barrel and slashed 2025 forecast by $10 to $60 per barrel, but said in a note that recent activity in the Red Sea causing further tension in the Middle East could see near-term upside to the risk premium. The United States and Britain launched strikes from the air and sea against Houthi military targets in Yemen in response to the movement's attacks on ships in the Red Sea, a dramatic regional widening of the Israel-Hamas war in Gaza. Brent crude futures were trading around $79 a barrel at 0337 GMT on Friday, while U.S.

Tata Consultancy Services (TCS) jumped over 3% to the day’s high of Rs 3,860.25 on the NSE after the brokerages remained upbeat on IT bellwether following its Q3 results wherein it beat revenue expectations even as the bottomline trailed Street view. Morgan Stanley upgraded the stock to Overweight while raising its price target post the quarterly performance while Motilal Oswal and Nuvama reiterated their buy stance on the counter. Kotak Institutional Equities reiterated an ‘Add’ rating on TCS shares. TCS on Thursday reported higher-than-expected revenue for the quarter ended December 2023, but the bottomline trailed expectations. India’s largest software service provider reported a 2% year-on-year (YoY) growth in consolidated net profit for the quarter to Rs 11,058 crore, and revenue increased by 4% to Rs 60,583 crore. Also Read: TCS Q3 Results: Profit rises 2% YoY to Rs 11,058 crore; revenue up 4% Here is what they recommend!

Houthi rebels over their attacks on shipping in the Red Sea pulled the world's focus Friday back on the yearslong war raging in the Arab world's poorest nation, even as shipping across the wider Mideast remains threatened. As the bombing lit the predawn sky over multiple sites held by the Iranian-backed rebels, Saudi Arabia quickly sought to distance itself from the attacks as it seeks to maintain a delicate detente with Iran and a cease-fire in the Yemen war from which it hopes to finally withdraw. Meanwhile, the U.S.

Polycab India, a leading electrical wires and cables manufacturer to ₹4,300 apiece from an earlier target price of ₹5,809 apiece to factor in the uncertainties due to the IT raid, by cutting the target P/E to 30x December 25E from 38x September. The company shares were in the spotlight over the last few sessions amid circulating reports of tax evasion allegations against the company.

Stock market today: On account of strong global market sentiments ahead of the US inflation data release, the Indian stock market finished higher for the third straight session on Thursday. The Nifty 50 index added 28 points and closed at the 21,647 level, the BSE Sensex went up 63 points and closed at the 71,721 mark while the Bank Nifty index ended 77 points higher at the 47,438 level. Broad market indices rose more than the Nifty even as the advance-decline ratio rose to 1.65:1.

Houthi rebels. The Yemen authorities have now vowed vendetta, saying “America and Britain will have to prepare to pay a heavy price". The attack by the US and UK on Yemen comes weeks after the Houthi rebels allegedly unleashed disruptive attacks on Red Sea hurting commercial shipping on the trade route.

₹1,577.20 apiece on the BSE. India’s second largest IT services company, Infosys reported a 1.7% fall in its consolidated net profit for Q3FY24 to ₹6,106 crore from ₹6,212 crore in Q2FY24. The company’s revenue during the quarter fell by 0.4% to ₹38,821 crore from ₹38,994 crore, QoQ.

Indian commandos hunting pirates after an attack in the Arabian Sea illustrates New Delhi's «significant» expansion of a muscular maritime force reflecting global ambitions, analysts say. The commandos, deployed this month from an Indian-built warship after an attempted hijacking of a merchant bulk carrier, are part of a major increase of naval forces in seas where rival neighbour China has already long expanded its reach. «It's significant given the geopolitical context» and the aggressive «use of naval assets», said Uday Bhaskar, head of the New Delhi-based Society for Policy Studies think tank. In recent years Beijing has negotiated infrastructure deals with countries around the Indian Ocean as part of its Belt and Road Initiative, including Sri Lanka, the Maldives, Bangladesh and Djibouti, where it opened its first overseas military base in 2017, raising concerns among Indian officials. Now Prime Minister Narendra Modi, expected to be re-elected later this year, is looking to raise the global heft of India, the world's fifth-largest economy, which last year displaced China as the most populous country.