New Delhi, Feb 1 (IANS) Indian Coast Guard Director General Paramesh Sivamani extended his greetings to all ranks of the force, veterans and their families, on the 50th Raising Day, recognising their tireless service and sacrifice.The IGC is celebrating its 50th Raising Day on Sunday, marking five decades of dedicated service in safeguarding the nation’s maritime interests.In his Raising Day message, the Director General said, “Where the horizon meets the ocean, and the waves carry the dreams of…
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Mumbai, Jan 31 (IANS) Defence‑linked stocks are expected to draw investor attention during the Union Budget 2026 announcement on February 1, with market participants looking for a moderate 8 to 10 per cent rise in defence allocation and improvement in execution momentum.Analysts said that investors are keen on cues of faster order finalisation and clearer procurement timelines rather than large headline increases in defence allocations, according to media reports.The market broadly anticipates…
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…
New Delhi, Jan 1 (IANS) As the curtains came down on ‘Year of Reforms 2025’, the Ministry of Defence under Rajnath Singh recorded significant progress in implementing wide-ranging reforms aimed at strengthening jointness, enhancing defence preparedness, promoting self-reliance and improving welfare delivery mechanisms, an official said on Thursday. The Defence Minister steered reforms, adopting a whole-of-government approach towards building a modern, integrated and future-ready defence ecos…