
Zelensky brings Putin to its keens as Ukraine pierces Russia's S-400 air defense system, destroyed radar in drone strike, big worry for India due to…
Russia-Ukraine conflict heading towards Third World War? This country ready to send its troops to Kiev, not US, Poland, France, name is...
Kyiv: Russia, which has been entangled in war with Ukraine for over 40 months now, has suffered a major setback. According to the reports, Ukraine has successfully carried out a drone strike in Crimea and managed to breach Russia's S-400 air defense system. This system is one of Russia's most crucial weapons for protection against aerial attacks. Russia has also sold this system to several other countries, including India.
In such a scenario, Ukraine's ability to penetrate the S-400 not only threatens Russia's own security but could also impact its arms exports. For India, too, the questions being raised about the capabilities of the S-400 may be a cause for concern.
Ukraine carried out a drone strike on a key component of Russia's S-400 air defense system—the 91N6E Big Bird radar on Thursday, Ukraine's military intelligence agency, the GUR. The strike was conducted by the GUR's Ghosts Unit and damaged several components of the S-400 system, including the multifunction radar and missile launchers. The attack took place in Crimea, a region that has been strategically important for Russia since it was annexed in 2014. How GUR destroyed S-400?
According to the reports, the GUR used suicide drones to target the S-400 system in Crimea. The GUR is low-cost drones have become a key weapon for the Ukrainian military against Russia. In the attack, Ukraine's GUR destroyed two 91N6E Big Bird radars, which are integrated into Russia's S-400 air defense network as early warning systems. 91N6E Big Bird radar:
It is important to note that the 91N6E Big Bird radar is considered the backbone of Russia's S-400 Triumph air defense system.
91N6E Big Bird is designed to detect and provide information on aerial threats ranging from ballistic missiles to stealth aircraft.
Operating in the S-band frequency, this radar can detect and track targets at a distance of up to 600 kilometers. Without the Big Bird radar, the S-400 is ineffective! What makes 91N6E Big Bird special for Russia's air defense network is its radar's ability to detect and track targets.
The 91N6E uses a Passive Electronically Scanned Array (PESA).
91N6E design emphasizes mobility.
Without the Big Bird radar, the S-400's ability to detect and intercept long-range targets becomes significantly limited.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Mint
27 minutes ago
- Mint
The stock-market rally is moving beyond Big Tech and investors are thrilled
The summer stock rally is broadening beyond big tech. Megacap technology stocks such as Nvidia, Microsoft and Broadcom led the market's rapid, tariff-spurred selloff earlier this year, only to rebound just as quickly a few weeks later when trade fears eased. Now, with economic fears diminished and optimism growing that the Trump administration will take a milder stance on trade, the recovery has expanded to include stocks across a more diverse group of sectors, such as financials, industrials and utilities. The number of stocks in the benchmark S&P 500 closing above their 50-day moving average has climbed recently to levels last seen in the fall, before Donald Trump's election victory launched an end-of-year rally. And in another sign of breadth, a measure that tracks the number of stocks rising versus those declining notched a new high on Friday. While the so-called Magnificent Seven tech stocks still hold investors' attention—and sway over the market—a broader participation in the recovery has helped propel the Nasdaq composite and the S&P 500 to all-time-highs in June. It could also signal that stocks will keep climbing through the summer, analysts say. 'We've seen this before: big tech leads and the market follows," said Adam Turnquist, chief technical strategist at LPL Financial. 'It seems like we are dusting off that playbook." Wall Street generally views improving breadth as a signal of a healthy stock market and a sustained advance. Whether the trend continues will depend on a few uncertainties still looming in the second half of the year: potential conflict in the Middle East, the path of interest-rate cuts from the Federal Reserve and the final outcome of President Trump's tariff plans. 'As long as things can stay stable, then this market is not exhausted by any stretch of the imagination," said Tom Essaye, founder of the Sevens Report, a market analysis firm. Market breadth has improved as investors who missed out on tech stocks' historic rebound search for new opportunities in different industries, Essaye said. He called it the 'FOMO trade," referencing the acronym for 'fear of missing out." Others have made longer-term bets in less popular industries. Jamie Cox, a managing partner at Harris Financial Group in Richmond, Va., didn't increase his proportion of big-tech holdings over the past few months even as prices dipped. But in recent weeks, his strategy—which includes a blend of defense, financial and large-cap international shares—has started to pay off. 'I'm surprised it took this long," he said. 'It's been a long time coming." Cox, who manages $1.2 billion at Harris, said that, in recent months, he has heard from clients looking to diversify the stocks in their portfolios. 'That lends itself to owning different things than just the most effective of the tech stocks," he said, such as shares of defense contractors Lockheed Martin and RTX Corp. 'You buy the less-aggressive, more tried-and-true, boring stocks." The recovery hasn't worked its way through every corner of the market. Small-cap stocks still lag behind major indexes. It might take a significant shift in the outlook to change that, said George Pearkes, macro strategist at Bespoke Investment Group. 'We would have to see a change in risk appetite." Some investors think that a confidence boost could come sooner than expected. Eric Teal, chief investment officer at Comerica Wealth Management, said he is adding midcap, small-cap and even microcap companies. He is buying shares of domestic banks that he thinks won't be affected by future tariffs, and said the Fed's rate cut could also boost smaller firms. 'The broadening out that we've seen over the last number of months is not something that's going to be short-lived," Teal said. It is unlikely that the market's biggest tech names will fade into the background soon, analysts said. Optimism for artificial intelligence, which powered tech stocks' ascendance to new highs, is still top-of-mind for professional and individual investors alike. But as tech shares have rebounded, so have valuations: Some large-cap names traded at more than 30 times their expected earnings over the next year last week, compared with an S&P 500 average of about 22 times. Those rich prices could be another nudge for traders to start snapping up shares in different industries, said Brian Buetel, a managing director at UBS Private Wealth Management. 'Nobody disagrees that the Mag Seven are just extremely expensive," he said. 'People forget there are sectors of the market that are on sale—that are cheap." Write to Hannah Erin Lang at and Roshan Fernandez at


India.com
5 hours ago
- India.com
Zelensky brings Putin to its keens as Ukraine pierces Russia's S-400 air defense system, destroyed radar in drone strike, big worry for India due to…
Russia-Ukraine conflict heading towards Third World War? This country ready to send its troops to Kiev, not US, Poland, France, name is... Kyiv: Russia, which has been entangled in war with Ukraine for over 40 months now, has suffered a major setback. According to the reports, Ukraine has successfully carried out a drone strike in Crimea and managed to breach Russia's S-400 air defense system. This system is one of Russia's most crucial weapons for protection against aerial attacks. Russia has also sold this system to several other countries, including India. In such a scenario, Ukraine's ability to penetrate the S-400 not only threatens Russia's own security but could also impact its arms exports. For India, too, the questions being raised about the capabilities of the S-400 may be a cause for concern. Ukraine carried out a drone strike on a key component of Russia's S-400 air defense system—the 91N6E Big Bird radar on Thursday, Ukraine's military intelligence agency, the GUR. The strike was conducted by the GUR's Ghosts Unit and damaged several components of the S-400 system, including the multifunction radar and missile launchers. The attack took place in Crimea, a region that has been strategically important for Russia since it was annexed in 2014. How GUR destroyed S-400? According to the reports, the GUR used suicide drones to target the S-400 system in Crimea. The GUR is low-cost drones have become a key weapon for the Ukrainian military against Russia. In the attack, Ukraine's GUR destroyed two 91N6E Big Bird radars, which are integrated into Russia's S-400 air defense network as early warning systems. 91N6E Big Bird radar: It is important to note that the 91N6E Big Bird radar is considered the backbone of Russia's S-400 Triumph air defense system. 91N6E Big Bird is designed to detect and provide information on aerial threats ranging from ballistic missiles to stealth aircraft. Operating in the S-band frequency, this radar can detect and track targets at a distance of up to 600 kilometers. Without the Big Bird radar, the S-400 is ineffective! What makes 91N6E Big Bird special for Russia's air defense network is its radar's ability to detect and track targets. The 91N6E uses a Passive Electronically Scanned Array (PESA). 91N6E design emphasizes mobility. Without the Big Bird radar, the S-400's ability to detect and intercept long-range targets becomes significantly limited.


Time of India
6 hours ago
- Time of India
Is the Trump 2.0 agenda deliberately aimed at companies' bottom line?
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Corporate America's profits are slipping. Last week, the Bureau of Economic Analysis confirmed that corporate post-tax profits dropped in the first quarter by 3.3% — by far their biggest fall since the companies make less money, it's often a harbinger of an economic slowdown. In this case, it also raises the more profound question of whether the Trump 2.0 agenda is deliberately aimed at companies' bottom sounds outlandish. The S&P 500 just hit an all-time high, so Corporate USA is worth more than ever. But it makes sense. After-tax profits account for an unprecedented 10.7% of gross domestic product, when in the last 50 years of the 20th century, they never exceeded 8%. The only time approaching their current share of the economy was in 1929 on the eve of the Great Crash. If the nation is to deal with inequality, money must be redistributed from somewhere; corporate profits are an obvious source of in the Trump coalition have long held an anti-corporate agenda. A few months ago, Adrian Wooldridge argued in this space that MAGA wanted to 'end capitalism as we know it.' Specifically, he contended that many leaders in the Trump coalition wanted to 'deconstruct the great workhorse of American capitalism: the publicly owned and professionally managed corporation.'These are strong words, but sound understated compared to the writings of Kevin Roberts, head of the Heritage Foundation and a lead creator of Project 2025, an ambitious and radical agenda for Trump 2.0. He argues that BlackRock, the world's largest fund manager and a pillar of contemporary US capitalism, is 'decadent and rootless' and should be burned to the ground — a fate it should share with the Boy Scouts of America and the Chinese Communist Marjorie Taylor Greene, an outspoken Trump supporter in Congress, 'the way corporations have conducted themselves, I've always called it corporate communism.' She has urged government investigations of companies that stopped donations to Republicans after the Jan. 6, 2021, attack on Bannon, Trump's campaign chief in 2016, complained to Semafor that only $500 billion of the US government's $4.5 trillion came from corporate taxes. 'Since 2008, $200 billion has gone into stock repurchases. If that had gone into plants and equipment, think what that would have done for the country.'He advocated a 'dramatic increase' in taxes on corporations and the wealthy. 'For getting our guys' taxes cut, we've got to cut spending, which they're gonna resist. Where does the tax revenue come from? Corporations and the wealthy.'Several current policies are not explicitly anti-corporate, but more or less guaranteed to have that Lerner, head of the HOLT analytical service at UBS , points out that in data going back to 1870, the correlation between tariffs and companies' earnings yield (a measure of their core profitability) has been consistent. Tariffs hurt companies. Looking at the cash flow return on investment since 1950, it has risen (meaning companies grew more profitable) directly in line with rises in imports as a proportion of done jointly by Societe Generale Cross-Asset and Bernstein demonstrates that globalization has benefited US companies not only through international sales (40% of revenues for S&P 500 companies) but also through lower costs. In 2001, when China joined the World Trade Organization , the S&P's cost of goods sold accounted for 70% of the revenues generated by selling them. It had been around this level for many years. That has now dropped to 63% — a massive improvement of 7 percentage points in this basic margin. Technology, consumer and industrial firms have gained the most — and stand to lose the most from 2.0 policies so far have redistributed from shareholders to workers. Vincent Deluard, macro strategist at StoneX Financial, points out that the only tax not cut by the One Big Beautiful Bill currently before Congress is corporate income tax. 'The grand bargain of the Big Beautiful Bill is to compensate for the tariffs' inflationary shock with personal income tax cuts,' he says. 'If exchange-rate adjustments, foreigners, and consumers do not pay for tariffs, corporate profits will.'Beyond that, eliminating illegal immigration and restricting foreign students raises labor costs. Threats to tax foreign investments in section 899 of the bill — which now appear likely to be withdrawn — risked reducing capital inflows and make it harder to raise own behavior has contributed to these trends. Over history, their share of GDP has tended to oscillate with the economy, rising when labor organizations' negotiating power is weak. But in this century, their profits grew less susceptible to the economic cycle, surging higher after the Edwards, a macro strategist for SocGen, argues that they pushed through margin-expanding price increases 'under the cover of two key events, namely 1) supply constraints in the aftermath of the Covid pandemic, and 2) commodity cost-push pressures after Russia's invasion of Ukraine.'Margins matter more in an environment where people are conscious of the damage inflation can do to their standard of living. That gave rise to the concept of 'greedflation' — which Edwards thinks is deserved. Politicians have increasingly felt emboldened to intervene in companies' pricing decisions, something that's been off-limits since Richard Nixon's ill-fated price controls in the early 1970s. Kamala Harris proposed 'anti-gouging' policies in her unsuccessful presidential campaign; more recently, Trump forced a climbdown by companies like Amazon that proposed to itemize the impact of tariffs on the prices they to the top of a company never used to be a ladder to mega-wealth. That was reserved for entrepreneurs who founded their own firms. Modern executive pay has changed that and allowed CEOs to become billionaires by meeting unchallenging targets for their share price. The gulf between their pay and workers' wages shrieks of injustice; according to the Economic Policy Institute, the CEO-to-worker compensation ratio reached 399-1 in 2021; in 1965, it was only 20-1. From 2019 to 2021, CEO pay rose 30.3% while those workers who kept their jobs through the pandemic got a raise of 3.9%.This can easily be dismissed as the politics of envy, but executive compensation now arguably skews the entire economy. Andrew Smithers, a veteran London-based fund manager and economist, and nobody's idea of a leftist, has long inveighed against the bonus culture, which he holds responsible for a disastrous misallocation of argued that America's problem was 'two decades of underinvestment':The major cause has been a change in the way company managements are paid. The 1990s saw the arrival of the bonus culture, which massively shifted management incentives and thus changed management behavior. Sadly, the change did immense damage to the economy. Managements were encouraged to invest less and, with lower investment, growth argues that companies increased their investment in response to corporate tax cuts in earlier generations, but stopped doing this once executives were paid to prioritize their share price. That led them to cut back on investment, spending money on acquisitions and share buybacks. That dampened growth, but also ensured better returns in the short run for investing in stocks is still primarily a game for those who are already wealthy, this stoked inequality still further. Opposition to high executive pay is often couched as a populist class-warrior position, but there is far more to it than Trump coalition always had anti-corporate elements, but this didn't stop his first administration from delivering for the private sector in a big way. In 2024, Trump added the support of Silicon Valley, and took the oath of office for the second time in front of a serried rank of billionaires. But he's also losing old corporate Koch, the industrialist hated by Democrats as the architect of libertarian Republican policies, has lost patience. After funding Nikki Haley's run against Trump in last year's Republican primaries, he told the Cato Institute earlier this year that too many institutions had lost their libertarian principles, and 'people have forgotten that when principles are lost, so are freedoms.' How will people like Koch respond if the administration clamps down on companies?America's key political developments tend to happen within parties, not between them. The current Republican coalition is no stranger in concept than Lyndon Johnson's Democratic Party of the 1960s, the New Deal coalition that combined multi-racial liberals from the North and West with pro-segregationist whites from the South. Once Johnson decided to choose one wing over the other, with his civil rights acts, that alliance now, the MAGA coalition includes both America's largest corporations and their most trenchant critics. The policy choices of the next few months, and their effects, will determine whether that can continue.