Stochastic volatility is the unpredictable nature of asset price volatility over time. It's a flexible alternative to the Black Scholes' constant volatility assumption.

Discover how the Dutch Book Theorem reveals profit opportunities in betting and finance when probabilities are misjudged.

Matt Korda, the associate director of the Nuclear Information Project at the Federation of American Scientists, assisted USA ...

India has formally greenlit the development of a new Short-Range Ballistic Missile (SRBM), designated BM-04, after the ...

The BM-04 is designed to bridge the operational gap between the Pinaka multi-barrel rocket system and the Agni series of ...

Indian Army signs ₹293 crore deal with NIBE Ltd. & Elbit Systems for long-range rocket launcher ‘Suryastra’ under emergency ...

The Indian Army secures a ₹293 crore deal for long-range rocket launchers, enhancing artillery capabilities through Israeli ...

The successful year-end missile trial signals India's growing self-reliance in high-end missile technology, strengthening its position in the region ...

Indian Air Force’s (IAF) decision to procure SPICE‑1000 long‑range precision guidance kits from Israel has reignited a long‑running debate within India’s defence community over cost, capability and ...

Athens, Greece – December 10, 2025 – Greece is set to acquire and deploy Israel's advanced LORA (Long-Range Artillery) precision-guided ballistic missile system on key Aegean islands and eastern ...

Forbes contributors publish independent expert analyses and insights. In theory, this leaves an open goal for the hypersonic missiles. But instead of hitting their targets, Kinzhals have been coming ...

India conducted an unprecedented night test launch of the Agni-Prime medium-range ballistic missile (MRBM) from a rail-based mobile launcher on September 24, according to an Indian Ministry of Defense ...