New Delhi, July 17 (IANS) Broader Indian equity indices outperformed benchmarks in June, as smallcap and microcap indices gained 4.29 per cent and 6.35 per cent respectively, a report said on Friday.The report from Motilal Oswal Mutual Fund said the Nifty Midcap 150 gained 0.90 per cent for the month and delivered 17.21 per cent over three months.The Nifty Smallcap 250 gained 4.29 per cent in June and the Nifty Microcap 250 jumped 6.35 per cent.The three‑month returns of Nifty Smallcap 250 and…
Latest Defence Sector News & Updates
New Delhi, July 3 (IANS) India’s record defence production at $19 billion in FY26 was driven by policy reforms, growing private-sector participation, enhanced research and development, stronger domestic procurement and a strategic push towards indigenous manufacturing, a new report has said.The report from Vietnam Times said defence output has more than doubled over the past five years, rising from about $8.5 billion FY21 to the current level.The report credited a series of government measures…
Vadodara, June 30 (IANS) Four defence companies on Tuesday signed memoranda of understanding (MoUs) worth a combined Rs 2,550 crore to invest in Gujarat’s defence sector during a seminar on ‘Atmanirbhar Bharat in Aerospace and Defence’ held as part of the second day of the Vibrant Gujarat Regional Conference (VGRC) for Central Gujarat in Vadodara. The agreements were signed in the presence of Union Defence Minister Rajnath Singh at Gujarat State Fertilisers and Chemicals (GSFC) University, where…
Vadodara, June 30 (IANS) Defence Minister Rajnath Singh on Tuesday noted that the rapidly changing geopolitical environment made India’s self-reliance, technological capability and national security increasingly important, describing all three as essential to determining the country’s future global role. Speaking at the valedictory ceremony of the Vibrant Gujarat Regional Conference (VGRC) in Vadodara, Singh said the country’s ambition of becoming a developed nation by 2047 extended beyond econo…
New Delhi, June 10 (IANS) India’s “Make in India” initiative has significantly transformed the country’s defence sector, enabling it to achieve self-sufficiency in several key areas while creating new opportunities for international partnerships, Slovakia’s Ambassador to India Robert Maxian has said.Speaking ahead of Prime Minister Narendra Modi’s visit, Maxian highlighted the evolution of India’s defence manufacturing ecosystem and expressed confidence that bilateral cooperation between India a…
Puttaparthi (Andhra Pradesh), May 15 (IANS) India’s domestic defence production has reached a record high of Rs 1.5 lakh crore from a mere Rs 46,000 crore in 2014, Defence Minister Rajnath Singh said on Friday.He exuded confidence that domestic defence production would go up to Rs 1.75 lakh crore in a couple of months.The minister was speaking at the foundation laying of various defence projects in this town in the Sri Sathya Sai district.The defence minister stated that India’s defence export…
Lucknow, April 11 (IANS) Defence Minister Rajnath Singh on Saturday said that despite global geopolitical challenges, India remains one of the world’s fastest-growing major economies today. Speaking at an event in Lucknow, he said the vision of building Viksit Bharat@2047 can only be achieved through teamwork.“Viksit Bharat means a society where citizens respect the responsibility towards each other and follow the principle of ‘no one should be left behind’ in the development journey…
New Delhi, March 20 (IANS) MSMEs and start-ups are playing a crucial role in strengthening India’s defence capabilities and safeguarding national interests, Minister of State for Defence Sanjay Seth said on Friday.The National Defence Industries Conclave (NDIC) 2026 concluded in the national capital after two days of detailed discussions on advanced manufacturing technologies and boosting industry participation in defence production.Addressing the valedictory session, Sanjay Seth highlighted t…
Kolkata, March 6 (IANS) Defence Minister Rajnath Singh said on Friday that the risks of instability caused by geopolitical rivalry across land, sea, and air, such as the current tensions in the Gulf region involving the US, Israel, and Iran, are increasingly becoming the new normal.Speaking at the Sagar Sankalp Seminar in Kolkata on Friday, the Defence Minister spoke at length about the impact of the crisis, considering the strategic importance of the Strait of Hormuz and the Persian Gulf for gl…
Seoul, Feb 2 (IANS) Lawmakers of South Korea’s ruling Democratic Party (DP) and the main opposition People Power Party (PPP) on Monday introduced a bill aimed at promoting the use of artificial intelligence (AI) in research and development for the defence sector. The bill, jointly proposed by PPP Representative Yu Yong-weon and DP Representative Boo Seung-chan, along with 31 other lawmakers from the rival parties, comes as AI technologies are emerging as a “key factor shaping future defence capa…