Expectations: India is advancing towards self-reliance in defence by focusing on domestic procurement, increasing investments ...
PSU stocks dropped over 9% on Budget Day, with the BSE PSU index falling 2.7%. Investors were disappointed by a lower-than-expected capital expenditure allocation of Rs 11.2 lakh crore. Key sectors ...
Like traders in a souk, politicians keep tossing out new spending targets: 2%, 3% or even 5%. The decisive factor, however, ...
the spending share in GDP has declined in the post-pandemic period. Defence accounted for 2.3 percent of GDP until 2020-21 but declined to 2.1 percent between 2021-22 and 2024-25. In 2024-25 ...
Finance Minister Nirmala Sitharaman’s budget highlights shifting priorities. Defence, subsidies, and education have seen declining shares, while transport, agriculture, and IT have grown. India ...
Northrop Grumman's strategic focus and new contracts enhance its revenue prospects. Read why investors should consider NOC ...
However, as a share of GDP, the allocation has consistently fallen from 2.4% in ... the total defence expenditure. As a result, the capital outlay has fallen to 29% in the 2024-25 Budget from ...
India’s defence sector received yet another fund boost, with finance minister Nirmala Sitharaman budgeting Rs 6.8 lakh crore for the coming year, as the government continues to step up efforts ...
Even as US President Donald Trump continues to trash Nato, most members are spending more than 2% of their economy on defence ...
The proportion of NATO nations meeting the two percent benchmark has skyrocketed since 2022. Today, some members are aiming even higher.
The pre-budget rally in defence stocks signals bullish sentiment, with analysts predicting further upside if the government announces significant reforms. While the sector’s share in GDP has declined ...