India’s Defense Ministry is set to place orders worth $138 billion between fiscal years FY24 and FY32, a new report from Nomura says.Due to which the shares of two defense-related companies – Hindustan Aeronautics (HAL) and Bharat Electronics (BEL) will remain on the rise.
From the present time, shares of HAL and BEL have started rising by 28 percent and 32 percent respectively in India’s stock research and broking houses.
The report by Nomura said the Indian government’s focus on indigenous manufacturing through increased defense budget, modernization efforts and groundbreaking initiatives like “Make in India” have spooked world markets.
Continuing the achievement of the journey of effectiveness and credibility of more than 10 years in the career of journalism, as a woman journalist, I am Serving as the founder, promoter and editor of DiaryTimes with the trust and support of all. My credible coverage may not have given a big shape to the numbers, but my journey presents articles that make you aware of the exact and meaningful situations of Himachal’s politics, ground issues related to the public, business, tourism and the difficult geographical conditions of the state and financial awareness. DiaryTimes, full of the experience of my precise editorial expertise, is awakening the flame of credible journalism among all of you, so that the eternal flame of meaningful change can be lit in the life of the people of the state and the atrocities being committed against the people can be brought to the fore, I am motivated for that. If even a small change comes with the power of my journalism and the whole world becomes a witness to that issues, then I will consider myself fortunate.