New Delhi, Jan 22 (IANS) The Union Budget 2026 will maintain fiscal prudence and prioritise strategic, capex‑heavy sectors — making defence sector the top beneficiary, a report said on Thursday.The report from investing platform smallcase said that nearly 40 per cent of respondents flagged defence sector for higher allocations driven by indigenisation, modernisation, export potential and sustained government spending.A pre‑budget survey of over 50 investment managers found that infrastructu…
Latest defense sector News & Updates
New Delhi, Jan 21 (IANS) India is considering a significant relaxation of Foreign Direct Investment (FDI) rules in the defence sector, raising the automatic‑route ownership cap from 49 to 74 per cent for existing licensed defence firms and removing vague conditions that would reshape its defence landscape, a recent report has highlighted. “This policy shift aims to lure global manufacturers, fostering joint ventures and technology transfers to bolster domestic production,” observed an arti…
Mumbai, Jan 10 (IANS) The Nifty delivered a strong annual return of 10.51 per cent, even as broader markets remained largely flat in December, a new report said on Saturday.The data compiled by latest Global Market Snapshot report by Motilal Oswal Mutual Fund showed that while short-term market movement was mixed, select sectors such as metals and automobiles continued to outperform over longer periods.In December, the Nifty slipped marginally by 0.28 per cent. However, the benchmark index poste…
Bhubaneswar, Dec 22 (IANS) Odisha Chief Minister Mohan Charan Majhi said on Monday that the state is steadily positioning itself as one of the country’s leading investment destinations, driven by proactive governance, investor-friendly policies, and robust infrastructure. Addressing a press conference upon his return from a two-day Investors’ Meet held in Hyderabad, the Chief Minister said that two sector-specific roundtable meetings were organised during the Hyderabad visit, focusing on the pha…