Goldman Sachs is bullish about Indian aerospace and defence, preferring private companies over public sector units (PSUs) as the country ramps up its export target for the sector to Rs 50,000 crore by FY29 from Rs 23,600 crore last year. The American investment bank's top 'buy' recommendations include Solar Industries, Bharat Electronics, Data Patterns and PTC Industries, while Bharat Dynamics is rated 'sell'.
The proposal, expected to be worth over Rs 2 lakh crore, including the indigenous content of more than 60 percent, is expected to be taken up for discussion by the Defence Procurement Board headed by the defence secretary in the next few weeks.
'The heat shield technology for re-entry vehicles was first mastered in DRDO for the Agni missile.' 'This is why the Americans were so opposed to Agni in the 1980s, unlike other missiles -- it was a re-entry vehicle.'
Since June, India's ministry of external affairs has intensified its diplomatic calendar, hosting several heads of state and government, foreign ministers, and key trade delegations.
Justice Surya Kant has been appointed as the 53rd Chief Justice of India, succeeding Justice Bhushan R Gavai. He will assume office on November 24 and serve until February 9, 2027.
India and Belgium on Monday explored potential defence engagements in the Indo-Pacific, particularly in the maritime domain, and discussed ways to strengthen defence industrial cooperation.
If they act now, they can reshape the strategic map of Asia without firing a shot. If they wait, the next opportunity will come only after a serious Taiwan Strait incident -- by which time the price will be far higher, and the room for boldness far smaller -- the opportunity may well be lost by then. The question is no longer whether this can or should be done, points out Varun Arya.
Pakistan and Afghanistan have agreed to an immediate ceasefire and setting up of 'mechanisms' to ensure lasting peace after days of violent clashes along the border that left several soldiers, civilians, and terrorists dead on both sides, officials said on Sunday.
Experts believe it would be far-fetched to believe that Riyadh would support Pakistan militarily in any conflict with India, which has robust strategic and economic relations with Saudi Arabia.
The government has extended the tenure of Chief of Defence Staff Gen Anil Chauhan up to May next year.
The Indian government is dealing with the matter having in mind the national interests of this country in the first place, he said.
Representatives from Ladakh have accepted an invitation from the Ministry of Home Affairs for a meeting in Delhi on October 22 to discuss their demands for statehood and safeguards for the Union Territory.
Defence Minister Rajnath Singh says India achieved all objectives of Operation Sindoor, emphasizing that escalating the situation to war with Pakistan was not the aim. He highlighted India's fight against cross-border terrorism and the successful exposure of Pakistan's air defense system.
Justice Surya Kant, who was elevated as a judge of the Supreme Court on May 24, 2019, would have a tenure of over 1.2 years as the CJI. He is due to retire on February 9, 2027.
A court in Antwerp on Friday cleared the extradition of fugitive diamantaire Mehul Choksi, noting that his arrest by the Belgian authorities on India's request was valid, officials in the know of the development said.
Senior officials from India and the US engaged in virtual talks to discuss bilateral ties, focusing on trade, investment, critical minerals, and energy security, including civil nuclear cooperation.
'The preparedness of our defence forces and positioning of intelligence assets were very different in 2008, so we had to rebuild our assets and preparedness.'
Jemimah Rodrigues produced a sensational knock that included 14 fours as India pulled off the biggest successful chase in women's ODI history with nine balls to spare.
China calls the shoal Huangyan Dao. China has already deployed some of its biggest CCG vessels in the area to assert its claims.
China's second-ranked general, He Weidong, is under investigation for corruption, along with nine other senior military officers punished for discipline violations and work-related crimes. This crackdown comes ahead of a key Communist Party conclave.
The first project that is being negotiated is for the procurement of three Scorpene submarines, which will be jointly constructed by state-run Mazagon Dock Limited (MDL) and French defence major Naval Group.
US Ambassador-designate Sergio Gor emphasizes the importance of the India-US relationship after meeting with Prime Minister Narendra Modi, focusing on cooperation in defence, trade, and critical minerals.
Government sources allege the recent violence in Ladakh was a politically motivated conspiracy, blaming certain individuals and activist Sonam Wangchuk for misleading the youth.
The Chinese Communist Party reaffirmed President Xi Jinping's leadership and backed a major purge of top military officials during a key meeting. The meeting also endorsed a new 5-year plan focused on domestic market resilience and self-reliance.
Saudi Arabia and Pakistan have signed a 'Strategic Mutual Defence Agreement', pledging that any aggression against either nation would be treated as an attack on both.
Pakistan responded to what it called 'unprovoked' attacks by Afghan forces in border areas, destroying several Afghan border posts, training camps, and terrorist hideouts, security sources said on Sunday.
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 Nifty 50. Over the past month, its 12 per cent gain has trebled the benchmark's return.
Defence Ministry spokesperson A Bharat Bhushan Babu said the DRDO never installed any helicopter model in Lucknow.
The Defence Acquisition Council (DAC) has approved military projects worth approximately Rs 67,000 crore, including drones, radars, and missile systems, aimed at enhancing India's military capabilities.
Maharashtra Deputy Chief Minister Ajit Pawar faced criticism after questioning 'who Parrikar?' when a woman suggested he emulate the late Goa CM Manohar Parrikar's surprise visits to address civic issues.
The Supreme Court has sought responses from the Centre and the Ladakh administration regarding the detention of climate activist Sonam Wangchuk under the National Security Act (NSA). Wangchuk's wife has filed a plea challenging the detention, claiming it violates his fundamental rights. The court has given the Centre and Ladakh administration 10 days to respond and has scheduled the next hearing for November 24.
'The US values its relationship with India and under the strong leadership of President Donald J Trump and Prime Minister Modi, I am optimistic about the days ahead for both of our nations.'
All of Tang's personal property will be confiscated and his illegal gains from bribery recovered and turned over to the national treasury, the court said.
The defence minister also announced that India has taken up the challenge of developing a powerful indigenous aero-engine, adding that preparations for this critical project are now almost complete and the work will soon be visible.
INS Udaygiri and INS Himagiri marks the first occasion when two frontline surface combatants constructed at two different shipyards were commissioned simultaneously.
The entry of other Arab countries in the mutual defence deal between Pakistan and Saudi Arabia is not ruled out, Defence Minister Khawaja Asif has said, adding that 'doors are not closed' for such developments.
Pakistan seized 19 Afghan military posts and "terrorist hideouts" in response to alleged attacks by Afghan forces. Kabul claims significant Pakistani casualties. Tensions escalate following repeated attacks by the Tehreek-e-Taliban Pakistan (TTP).
HAL's order book amounts to Rs 2.45 trillion by end of Q2FY26, implying a book-to-bill ratio of 32 times based on FY25 revenue.
Under capital expenditure, Rs 48,614 crore has been set aside for aircraft and aero engines while Rs 24,390 crore has been allocated for the naval fleet.
China's ruling Communist Party is holding its annual leadership conclave to discuss the new five-year plan, the impact of US President Donald Trump's tariff war, and the ongoing anti-corruption crackdown in the military.
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