At $84 bn, India ranks fourth in 2023 military spend: SIPRI report

India was the fourth largest military spender globally in 2023 with an expenditure of $83.6 billion, behind the US, China and Russia, according to a report by an independent international......

Can election manifestos show the way to Viksit Bharat?

Elections are not won or lost by expounding on such macro-economic matters. For the aam admi, what matters in manifestos are promises that will improve their quality of life, notes Vinayak......

Will BJP commit to 3% of GDP for defence spending?

Neither the BJP, nor the Congress before it, made any manifesto commitments on defence spending, even though allocations have plummeted from 4 per cent of gross domestic product (GDP) in the late......

Can We Fight China With Such A Budget?

India has allocated Rs 1.72 trillion, or 27.67 per cent of the total defence budget to cater to modernisation of the country's arsenal. Modern militaries spend up to 50 to 60 per cent of their......

Volume recovery crucial for Marico's growth in FY25

Marico’s January-March quarter (Q4) results were slightly better than consensus. Photograph: Courtesy, Marico Revenue was up by 1.7 per cent year-on-year (Y-o-Y) to Rs 2,280 crore. Ebitda......

After lacklustre Q4 results, headwinds persist for Indian Oil stock

State-run Indian Oil Corporation (IOCL) reported a weak performance in the fourth quarter of FY24 (January-March 2024), and the turmoil in the energy market indicates it could endure another......

Champions of investor trust: 10 stocks with institutional seal of approval

Equity investments by foreign portfolio investors (FPIs) and domestic institutional investors (DIIs) in the Indian market have shown a mixed trend over the past six months. Illustration: Uttam......

Bajaj Finance sinks 8% amid rising NIM pressure

Investors shunned shares of Bajaj Finance on Friday, a day after the non-banking financial company (NBFC) reported a sharp contraction in its net interest margin (NIM) for the March quarter of the......

2036 Olympics: Coming Out Party For India

If Ahmedabad is India's preferred candidate, as seems likely, hosting Olympics 2036 should give it a leg up: A bigger airport, a better metro network, more hotels, flyovers and so on, observes T N......