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US stock indices were largely subdued in early Thursday trade, even as defence companies rallied sharply after President Donald Trump said he wants to significantly raise military spending.The S&P 500 slipped 0.2% in early trading, though it remained close to its recent all-time high. The Dow Jones Industrial Average was down 109 points, or 0.2%,…
Jason Smith of MI Cape Town drives a delivery down the ground during match 15 of the SA20 season 4 between MI Cape Town (MICT) and The Joburg Super Kings (JSK) held at the Newlands Cricket Stadium in Cape Town, South Africa on the 6th January 2026. (Photo Credit: Shaun Roy / Sportzpics for SA20)…
US President Donald Trump said the United States should set its military budget for 2027 at $1.5 trillion instead of $1 trillion, arguing that the higher allocation is necessary to build what he called a “Dream Military” capable of deterring any adversary and keeping the country safe.Trump made the announcement in a post on Truth…
US President Donald Trump vowed to block defence contractors from paying dividends or buying back shares until they accelerate the production of military equipment. The announcement was made on Truth Social on Wednesday and sent defence stocks tumbling. It signals a rare direct intervention in the US military-industrial sector. He claimed that US produces the…
NEW DELHI: Amid a tightening security environment shaped by a militarily assertive China and a volatile Pakistan, the defence ministry has cleared military modernisation projects worth nearly Rs 79,000 crore, marking one of the most consequential procurement approvals in recent years. The clearances were accorded by the Defence Acquisition Council (DAC) chaired by defence minister…
India’s capital expenditure upcycle is showing early but credible signs of revival, with several investment-linked sectors likely to benefit over the next two to three years, according to Antique Stock Broking’s India Equity Strategy 2026. Improving macroeconomic conditions, policy support and rising private and household investment are laying the groundwork for a broader capex recovery.As…
NEW DELHI: The Army has launched a training programme for the Village Defence Guards (VDG) in Jammu and Kashmir amid the ongoing counter-terrorism operation in the higher reaches of Chenab valley.According to the Army, around 15 Village Defence Guards, including women volunteers, are undergoing intensive training in handling automatic rifles, minor tactics, self-defence, bunker construction…
Chief of Defence Staff (CDS) General Anil Chauhan, Chief of the Army Staff (COAS) General Upendra Dwivedi, Chief of the Naval Staff (CNS) Admiral Dinesh K. Tripathi and Chief of the Air Staff (CAF) Air Chief Marshal A. P. Singh pay tribute at the National War Memorial on the 93rd Indian Air Force Day, in…
One of the most successful exports is the BrahMos missile. (File photo of BrahMos) By Pawan Khatter For the defence sector, 2025 is the Year of Reforms with various goals, one of which is the focus on new domains such as cyber and space, AI, ML, hypersonics and robotics. 2025 saw several feats in these…
Pakistan’s chief of defence forces field marshal Syed Asim Munir, was on Monday conferred with Saudi Arabia’s highest civilian honour, the King Abdulaziz Medal of Excellence, during his official visit to the Kingdom.The award was granted under a Royal Decree issued by the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud….
