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DEFENCE MODERNISATION FUND
Doubled in 5 years: India's military-industrial moment has arrivedIndia's defence production has surged to a record Rs 1.78 lakh crore in FY26, nearly quadrupling since 2013-14. This growth, fueled by the ...- Countering maritime contestation: India, France set to deepen undersea defence capabilitiesIndia and France are set to strengthen defense cooperation. Prime Minister Narendra Modi's visit to France will focus on accelerating key m...
- British defence minister John Healey quits over defence spendingBritish Defence Minister John Healey resigned, citing Prime Minister Keir Starmer's failure to commit necessary resources for national defe...
- After stellar Q4, is a downgrade nightmare looming for India Inc in Q1?India Inc. showed strength in Q4 earnings. However, a Q1 FY27 earnings downgrade cycle is now a significant market concern. Elevated crude ...
- Nifty Pharma, 4 others hit 52-week high since Iran war while Nifty fell 7%. Will the form continue?Despite a challenging market backdrop fueled by geopolitical tensions and foreign fund outflows, five Indian sectors—Pharma, Energy, Defenc...
- JP Morgan warns of FY27 earnings risk, says Nifty can fall to 20,500 in bear caseJP Morgan has cautioned that India’s FY27 earnings face significant risks from an extended energy and logistics shock linked to the Middle ...
- 'India outmatched Pakistan, achieved clear-cut victory': Austrian warfare analyst ahead of Op Sindoor anniversaryNearly a year after India responded firmly and decisively to the Pahalgam terror attack and launched Operation Sindoor to target terror inf...
- NFO Alert: Axis Mutual Fund announces launch of Axis Nifty India Defence Index FundAxis Mutual Fund has announced the launch of its new fund offering, Axis Nifty India Defence Index Fund, an open-ended Index Fund that inve...
- Benchmark military spending at 3% of GDP, create non-lapsable modernisation fund: EY reportA recent EY report suggests India should allocate 3% of its GDP to military spending. The report recommends creating a non-lapsable defence...
- Purchase of indigenous air defence guns, ammunition worth Rs 6,000 crore clearedNoting that there was a long-pending need of the Indian Army for modernisation of its air defence guns, the Defence Ministry said: "These h...
- Give half of defence land sale proceeds to forces: Finance MinistryThe government has given an in-principle approval to creating a non-lapsable defence modernisation fund but details are still being worked ...
- Parliamentary standing committee criticises government for inadequate allocation of funds to ArmyFor the army, the committee observed that during 2018-19, “against the projection of Rs 1,96,387,36 crore the allocation was Rs 1,53,875.22...
- Rs 2 lakh crore worth of defence contract firmed up in 3 yearsJaitley said the government has taken a slew of measures for military modernisation and to keep the defence forces in a state of readiness ...
- Forces seek Rs 27 lakh crore over next 5 years for defence projectsWith an eye firmly on China, there is also a separate plan for the strategically-located tri-Service Andaman and Nicobar Command.
- Budget 2016: Pensions sink defence modernisationIt is the first time that defence pensions have overwhelmed money allocated to modernise the armed forces, with the ministry seeing an 8.5%...
- Parliamentary panel slams defence ministry for not using funds for modernisationThe parliamentary standing committee has come down strongly for diverting money out from the capital acquisition head for other expenses.
- Rs 37,000 crore of defence ministry's modernisation budget remains unutilised; army worst spenderLatest expenditure data with ET show that over Rs 37,000 crore of the defence ministry’s modernisation budget remains unutilised as of Dece...
- Russia's Rusnano to create $2-billion fund to invest in Indo-Russian defence joint venturesThe joint fund will keenly look at modernisation contracts as India plans to spend about $100 billion on modernising its defence resources ...
- Defence Ministry struggling to get budget allocation: A K Antony"Now I am struggling to get the budgetary amount," he told reporters here when asked if he was hopeful of getting the additional Rs 40,000 ...
- Army lays thrust on modernisationAgainst the backdrop of concerns voiced by Gen V K Singh over deficiencies and shortages, the Army has laid thrust on modernisation with ai...
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