Navy's proposal for 2nd indigenous aircraft carrier gets govt nod

The government is set to positively consider the Indian Navy's proposal for the construction of a second aircraft carrier at a cost of around Rs 40,000 crore, in a major move that comes against the......

What L&T's 54 fast interceptor craft can do

The fast interceptor craft can patrol the coastline at a scorching speed of 45 knots.Ajai Shukla reports. IMAGE: The fast interceptor craft. Photograph: Kind courtesy L&T Defence Systems   In......

India gifts sub to Myanmar: The China angle

In gifting the submarine to Myanmar, India is competing with China for influence in the region.Ajai Shukla reports. Kindly note the image has only been posted for representational purposes.  ......

Major defence deals with India to be announced: White House

The historic summit between Prime Minister Narendra Modi and President Joe Biden will result in some major defence agreements, including an unprecedented deal on co-producing jet engines, the White......

Large domestic order book, exports growth key drivers for defence stocks

Defence exports grew 33 per cent in the calendar year 2023 (CY23) to around Rs 21,083 crore while domestic defence orders serviced by listed companies were Rs 48,000 crore. The sector is poised for......

Stock Market: Which Sectors Delivered?

The biggest bounce is in the realty sector, where the industry index jumped 80%.There's been a turnaround also in automobiles and ancillaries (up 45%).The pharma and health care indices have a......

PSUs in fast lane on capex push, top 10 shares nearly double

Public-sector enterprise stocks have seen a good run thus far in 2023-24 (FY24), with the S&P BSE PSU Index surging by over 26 per cent during the period, compared to an 11 per cent increase in the......

Defence stocks firing on all cylinders this year

Stocks of defence-related companies have been firing on all cylinders on the bourses in calendar year 2023 (CY23). Photograph: ANI Photo Shares of Hindustan Aeronautics (HAL), Bharat Electronics......