Thursday, 15 May 2025 Defence stocks experienced a significant surge in the past week, fueled by Prime Minister Modi's call for increased domestic defence production. This rise occurred despite the ongoing ceasefire between India and Pakistan. Cochin Shipyard led the gains with a 25% increase, followed by Bharat Dynamics, BEML, HAL, and Bharat Electronics, showcasing strong investor confidence in the sector.
NATO agrees to 5% higher defence spending target ahead key summit at The Hague
This week, allies are expected to commit to spending around 3.5 percent of GDP on "hard defence" that will include..
Credit: euronews (in English) Duration: 01:11Published
The defence secretary has paid a visit to a Royal Air Force station following his pledge to ramp up defence spending this week. John Healey flew in an army helicopter and operated a drone during the..