S&P 5007,709.96▼0.2% Nasdaq26,348.35▼0.1% Dow53,885.10▼0.8% Russell 2K3,001.55▼0.6% 10-Yr4.67%+5bp VIX15.15−0.66 WTI$78.07▲3.8% Gold$4,292.00▲1.1% EUR/USD1.152▼0.3% BTC$64,954▲0.1% Nikkei65,101▼1.8%
At close · Fri, Aug 7, 2026
Daily Market Updates.

Global Markets

HomeGlobal MarketsTrade & TariffsIndia tests Kusha long-range air-defense missile in fi…

India tests Kusha long-range air-defense missile in first trial

The Kusha test is positioned as a milestone for India’s home-grown air-defense network under the Mission Sudarshan Chakra plan to build a multilayered umbrella by 2035.

India has carried out its first test of the Kusha long-range surface-to-air missile system, which is being treated as a milestone for expanding New Delhi’s domestic air-defense capabilities, according to SCMP Economy.

The Kusha system, developed by the state-run Defence Research and Development Organisation, is expected to become part of Mission Sudarshan Chakra, Prime Minister Narendra Modi’s two-phase plan for a multilayered national defence umbrella against threats including ballistic missiles, fighter aircraft, drones, and other targets by 2035.

SCMP Economy also said Indian air force leadership cited the S-400’s performance during last year’s military conflict with Pakistan under Operation Sindoor, including interceptions involving five Pakistani fighter jets and an early warning and surveillance aircraft.

A retired Indian Air Force air marshal said the Kusha could be integrated into the country’s air-defence architecture because it is domestically developed, adding that growing drone and missile threats make an integrated, multilayered system for detecting, identifying, engaging, and destroying intruders increasingly important.

More like this

Sources

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.