Budget 2026: Major defense stocks staged a sharp rally during the Budget week, with several counters gaining as much as 26%, as expectations built that the defense sector could emerge as a key beneficiary of Budget 2026. Defense stocks such as Bharat Electronics, Hindustan Aeronautics, Garden Reach Shipbuilders, BEML, Data Patterns, Cochin Shipyard, Apollo Microsystems…
Pankaj Pandey, the head of research at ICICI Securities, expects modest capital expenditure growth in the Union Budget 2026, given the high base of ₹11.2 lakh crore. He believes defense and railways may see increased allocations, but sees limited scope for new measures to boost consumption. In an interview with Mint, Pandey shares his expectations…
The ongoing Russia–Ukraine war, tensions between the US and Venezuela, and US President Donald Trump’s aggressive stance on Greenland and Iran have heightened geopolitical risks. As geopolitical conflicts intensify, several countries are increasing their defense budgets. Trump has proposed to raise the military budget to $1.5 trillion in 2027 — a 50% increase from the…
