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India’s defence capex allocation in the upcoming Budget 2026-27 on Feb. 1, 2026, will be a key monitorable for defence stocks. According to global brokerage Jefferies, the defence budget should rise more than 10% year-on-year on top of the double-digit growth in FY26. To be clear, the country’s defence capital spend decreased 13% YoY in…
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The Union Budget 2025-26 earmarked ₹6.81 lakh crore — or 13.4% of total Central government expenditure — for the Ministry of Defence (MoD). Of the MoD’s total budget, ₹4.92 lakh crore, or 72%, is meant for the Defence Services (primarily the Army, Navy, Air Force and the Defence Research and Development Organisation). About ₹1.61 lakh…
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Dr. Suhel Ajaz Khan. File | Photo Credit: X handle of Dr. Suhel Ajaz Khan Saudi Arabia is on top of the list of India’s close friends and allies and so is keen to share a number of defence technologies that have been localised in recent years, Indian envoy in Riyadh Dr. Suhel Ajaz Khan said…
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