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Govt committed to achieving defence production target of $22 bn by 2025: Rajnath

Defence Minister Rajnath Singh on Saturday said the government is working and committed to increasi…

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After 50,000 PPE kits from China fail quality tests, India ramps up in-house production

“Two small consignments with 30,000 and 10,000 PPE kits, too, failed tests,” ET reported…

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Bangladesh to import defence items from India under $500-million LoC

Under this line of credit, several items have been identified and being fast tracked. They're in fa…

PTI   


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Rajnath Singh discloses India's $130 billion plan to buy new weapons, aircrafts, and warships to modernise India's military at Aero India 2021

India plans to spend 130 billion dollars on military modernisation in the next 7-8 years to strengt…

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Rajnath Singh releases India's new Defence Acquisition Procedure amid India-China border dispute

As tensions between India and China continue to simmer along the Line of Actual Control (LAC) in La…

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DRDO has developed a facial recognition system that claims to see through masks and disguise

According to the report, the FRSD algorithm has been trained so that the face recognition system c…

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Serum Institute of India gets nod to export COVID-19 vaccines under the COVAX programme, says source

The ministry has allowed SII to export 50 lakh doses of COVID-19 vaccine Covishield to the COVAX…

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Our target is USD 5 billion of defence export in next five years: Modi

"Our mantra is Make in India, for India, for world. In 2014 the export of defence equipment from In…

PTI   


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The party isn’t over for Paras Defence shareholders as the stock breaks through the ceiling five days in a row

The euphoria over the shares of the defence equipment maker is still ongoing as investors trust the…

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Paras Defence and Space Technologies’ IPO gets fully subscribed by retail investors on first day

The public issue of Mumbai-based Paras Defence and Space Technologies is already a hit among invest…

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PSLV rocket lifts off with 19 satellites from Brazil, US and India

India's Polar Satellite Launch Vehicle-C51 (PSLV-C51) rocket loaded with 19 satellites from Brazil,…

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Paras Defence & Space Tech IPO: Grey market is willing to pay twice the price

The IPO is opening on September 21 and will close on September 23. The demand from investors…

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India tweaks licensing norms for laptop, computer imports; online authorisation system introduced

The government on Thursday tweaked the cumbersome licensing norms to import IT hardware products li…

PTI   


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Paras Defence & Space Technologies makes a blockbuster market debut, lists at a premium of 171%

Shares of Paras Defence & Space Technologies debuted at ₹475 per share, which is 171% above its…

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Paras Defence & Space Tech IPO continues to demand a premium of ₹200 in grey market

Investors have bid for 217 crore shares against the 71.40 crore shares on offer. The comp…

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4 mins read

India’s Prime Minister Narendra Modi may just have signalled a big allocation for defence equipment manufacturing, 3 days before the budget

It is one of the expectations from the budget to be presented by Finance Minister Nirmala Sithar…

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India signs $50 million defense LoC agreement to boost maritime capabilities of Maldives

Jaishnakar, who is here on a two-day visit, held a "cordial meeting" with the Defense Minist…

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Paras Defence & Space Technologies makes space cameras and it just made the best listing post-IPO this year

The initial public offering (IPO) from the Navi Mumbai-based defence equipment maker was hot right …

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US, India moving towards collaboration in defence: Rajnath

"The US is one of the largest defence exporters for India and the world. At the same time, the defe…

PTI