India is likely to seal two mega submarine deals worth over Rs 1 lakh crore by the middle of next year to crank up its undersea warfare capabilities against the backdrop of China's increasing naval......
INS Udaygiri and INS Himagiri marks the first occasion when two frontline surface combatants constructed at two different shipyards were commissioned simultaneously. Defence Minister Rajnath Singh......
'There's an urgent requirement, particularly for the Indian Ocean region, as China's naval presence grows, and with Pakistan also acquiring more submarines.' IMAGE: The Indian Navy's Kalvari class......
The Cabinet Committee on Security (CCS) chaired by Prime Minister Narendra Modi on Wednesday cleared a proposal to procure 26 naval variants of Rafale fighter jets from France at a cost of around......
Glimpses of the fifth Kalvari-class submarine INS Vagir in Mumbai on Friday, January 20, 2023, ahead of its commissioning ceremony. The submarine was indigenously manufactured by Mazagon Dock......
Defence stocks have been on a tear, with the Nifty India Defence index hitting all-time highs. Over the past week, the index jumped around 7 per cent, far outpacing the flat performance of the......
'The universe of PSU stocks is huge and diverse.''Investors should bet on specific sectors and stocks from the basket as most of them may continue to consolidate after years of outperformance.'......
The stocks are largely from sectors such as chemicals, finance and cement, which struggled earlier but the worse seems to be behind them. Illustration: Dominic Xavier/Rediff.com The Indian......
Domestic institutional investors (DIIs) have infused a record Rs 4.6 trillion into Indian equities over the course of Samvat 2080, marking the highest net annual investment in any Samvat to date.......
'Those betting against PSUs will likely be punished in this upswing.' Illustration: Dominic Xavier/Rediff.com Shares of public-sector undertakings (PSUs) should be accumulated at lower......