Rising India-Pakistan tension & an expectation of domestic firms getting major orders from armed services spark a market rally for both govt & private defence firms.
Defence exports grew by 12.04% year-on-year. MoD says 1,762 export authorisation were issued in FY2024-25 compared to 1,507 in the preceding financial year.
Mazagon Dock Shipbuilders has been without a head since Feb this year due to power struggle between naval officers and civil servants on criteria of qualifications.
The US and Israel’s assassinations of Iranian leadership ended up bestowing martyrdom on those killed. Shias saw the deaths as a continuity of martyrdom from the Battle of Karbala.
India’s fast-growing data centre sector may strain state electricity networks; Central Electricity Authority has urged Maharashtra, Andhra Pradesh, Telangana and Tamil Nadu to boost capacity.
Theaterisation, which aims to divide the forces into three theatres with specific areas of responsibility, will become the single most far-reaching reform that the Indian military has witnessed since independence.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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