BRAHMOS
Several Indian Navy officers under scanner as Operation Firewall 2026 uncovers Pakistan spy network across states
Operation Firewall-2026 has placed 18 people, including 13 suspected Navy personnel, under the scanner in a Pakistan-linked espionage probe across 10 states and Union Territories. Andhra Pradesh Counter-Intelligence officials have arrested two suspects, including a civilian contract driver in Visakhapatnam and a suspected Navy employee in Coimbatore, while investigations into the remaining 16 continue.
Indian Navy to get BrahMos launchers, fire control systems in Rs 661 cr deal
The Ministry of Defence has signed a Rs 661.50 crore contract for BrahMos Fire Control Systems and launchers. The systems will be fitted on Indian Navy warships for maritime strike operations. This contract aims to strengthen India's maritime security and enhance defense capabilities while promoting indigenisation. It includes a minimum indigenous content of 68% and supports participation from Indian industries.
Defence stocks: Time to change strategy in a bearish market? An ecosystem with down and upside potential of -39% to plus 37%
The current fall is both at the level of the indices and the broader market. And when the selling is this broad, almost every sector is affected. But they do not all feel it equally, and it is worth knowing why every sector behaves differently at different points of time. Stock Reports Plus, powered by Refinitiv, is a comprehensive report that evaluates five key components of 4,000+ listed stocks – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. The simple average of the above-mentioned five component ratings is normally distributed to reach an average score.
BrahMos missile system to see over USD 600 million exports, is benchmark for India's emerging export story: Defence Secretary
Defence secretary Rajesh Kumar Singh hailed the BrahMos cruise missile as India's emerging export story, with exports to cross $600 million. He pointed out the major export destinations of the missile and highlighted the weapon's performance during Operation Sindoor. Defence exports touched an all-time high of Rs 38,424 crore in FY 2025-26, seeing an increase of Rs 14,802 crore (62.66%) over the previous fiscal year's figure of Rs 23,622 crore.
LCA Mk2, AMCA first flight dates confirmed: Defence Secretary reveals timeline for India’s next-gen fighter jets
India's LCA Mk2 medium weight fighter prototype is expected to fly by September 2027. The country's Advanced Medium Combat Aircraft, or AMCA, is targeted for its first flight in September 2028. Defence Secretary Rajesh Kumar Singh provided clear timelines for these military aircraft programs. Test flights are set to occur between June and September next year. These developments are crucial for enhancing India's air combat capabilities against regional threats.
UP now investor-friendly; earlier had to hold investment meet in Delhi due to law and order: Amit Shah
Amit Shah praised the current investment climate in Uttar Pradesh during the Uttar Pradesh International Trade Show. He noted that the state faced law and order issues in the past, discouraging investors. The Union Home Minister emphasized improvements in economic growth despite global challenges, with initiatives like One District One Product creating jobs. Shah highlighted local products gaining recognition and advancements in defense manufacturing capabilities.
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'BJP will once again form govt in UP with massive majority in 2027': Nitin Nabin
BJP National President Nitin Nabin expressed confidence during a two-day visit to Uttar Pradesh that the party will return to power with a "massive majority" in the 2027 State Assembly elections. Highlighting UP’s transformation under Chief Minister Yogi Adityanath from a state once associated with mafia activities to a hub for development, defense manufacturing, and technologies like AI and semiconductors, Nabin commended the leadership and public support driving the state forward.

Motilal Oswal initiates Buy on Solar Industries, sees 24% upside. 4 reasons why
Motilal Oswal has initiated coverage on Solar Industries with a Buy rating and a target price of Rs 23,000, citing strong growth prospects across explosives and defence. The brokerage expects revenue and profit to grow at 43% and 34% CAGR, respectively, through FY30.

From INSAS to AK-203: How India's 'Sher' assault rifle came to be
The journey from INSAS to the indigenous AK-203 'Sher' involved years of negotiations, technical challenges and efforts to secure technology transfer from Russia. The article traces how India selected the AK-203, established a joint venture at Korwa in Uttar Pradesh and overcame hurdles to begin delivering the fully indigenous assault rifle to the Army.

PNS Hunain severely damaged after collision with INS Kolkata 3 times its size
Pakistan Navy’s PNS Hunain sustained severe damage after colliding with the Indian Navy’s INS Kolkata in the North Arabian Sea, with the Pakistani vessel returning to harbour for repairs. The two sides have offered conflicting accounts of the incident. Indian sources highlighted the vessels’ considerable size difference, noting that INS Kolkata weighs nearly three times as much as PNS Hunain.


In talks with Putin, Modi raises safety of Indians in Black Sea
Prime Minister Narendra Modi and Russian President Vladimir Putin discussed the safety of Indian seafarers in the Black Sea and India’s readiness to support peace efforts in the Ukraine conflict. The two leaders agreed to target $100 billion in annual bilateral trade by 2030 and deepen cooperation across defence, energy and other sectors.

PM Modi-President Putin hold bilateral talks at Bharat Mandapam ahead of BRICS Summit
The meeting comes as leaders of BRICS countries prepare to gather for the summit, which is being hosted by India. Modi and Putin’s meeting is part of a series of bilateral engagements involving the participating leaders before the main summit.

BRICS Summit 2026: Putin’s India visit puts trade, defence and Ukraine peace efforts in focus
Russian President Vladimir Putin arrived in India for a three-day visit. He will meet Prime Minister Narendra Modi and attend the BRICS summit. Bilateral trade, investment, energy, and defense ties will dominate the agenda. The Russia-Ukraine war and peace efforts are also expected to be discussed. Putin's participation marks his first in-person BRICS summit outside Russia since the war.

‘People’s welfare first’: Russia’s Alipov praises India’s BRICS presidency ahead of Putin visit
Russian Ambassador Denis Alipov praised India’s “people-centred” approach to its BRICS presidency, saying the grouping must ensure Global South and East interests shape global decisions. Ahead of Vladimir Putin’s second India visit in under a year, Alipov highlighted trade, energy, healthcare, AI and potential cooperation in urea, aircraft and nuclear energy.

$60 billion opportunity! Will defence stocks fire on all cylinders and who will be the biggest beneficiary?
India’s defence sector is entering a new growth phase, with the combat use of indigenous weapons boosting the credibility and export potential of locally developed systems. Defence spending has risen sharply from Rs 2.53 trillion in FY14 to Rs 6.81 trillion in FY26, while the government’s Atmanirbhar Bharat push is creating long-term opportunities.

Defence exports rise after Operation Sindoor. Jefferies names Solar, Astra, HAL and BEL as top stock picks
Jefferies initiated coverage on Solar Industries and Astra Microwave with Buy ratings, citing strong defence growth prospects and rising order books. It also maintained Buy ratings on HAL and Bharat Electronics while assigning a Hold rating to Bharat Dynamics. The brokerage expects robust earnings growth across these companies, supported by rising defence spending, indigenisation and export opportunities.

Armed forces given freedom, resources to respond decisively to threats: Rajnath Singh
India's defense minister stated forces have freedom and resources to strike adversaries inside their territory. The nation believes in peace but distinguishes it from weakness, responding decisively to terrorism. India is moving forward with independent agency amid geopolitical uncertainties and foiled adversary designs. The defense sector has transformed, boosting indigenous production and exports significantly. The government aims for self-reliance in defense and global leadership by 2047.

Why Systematix is bullish on Apollo Micro Systems after 47% YTD rally; check target price
Systematix initiated coverage of Apollo Micro Systems with a Buy rating and Rs 570 target, citing defence-system integration, a Rs 12,000-crore opportunity, capacity expansion, acquisitions and strong earnings growth, while flagging execution, working-capital and tender-related risks.

India to modify Su-30 fighter jets to integrate them with RVV BD air-to-air missiles
The Defence Ministry is considering integrating Russian RVV BD missiles with Su-30 MKI aircraft. These advanced missiles can engage targets at long distances with high speed. This capability boost comes ahead of Russian President Vladimir Putin's visit to India. The Defence Acquisition Council will review this significant proposal today. India is also pursuing indigenous and foreign air-to-air missile upgrades.

After S-400, India eyes Russia’s S-500 and Su-57 in a major defence push
S-500 missile defence system and Su-57 stealth fighter are emerging as key defence topics in Prime Minister Narendra Modi’s talks with Russian President Vladimir Putin on the sidelines of the SCO Summit. The discussions come after India’s S-400 system, used during Operation Sindoor, reportedly performed effectively against aerial threats, adding context to New Delhi’s interest in newer Russian defence capabilities.

First drones, now missiles. The spending is certain, who gets the maximum is not: 14 stocks from the defence ecosystem
The defence sector’s positives are well known. But there are some unknowns. For “security reasons” we will never know how or why orders are placed, or how the focus areas are decided. Not surprising. No government will announce what it plans to do for its own defence. The only certainty is that there will be an increase in spending. Just Google how many countries have said that their defence spending as a percentage of GDP will see a sharp rise in the next three years. The number and names on the list may surprise you.

Rakhi trade: Viksit Bharat, Nari Vandan, BrahMos new themes this year; total business could cross Rs 30,000 crore, says CAIT
This year, rakhi sales are projected to approach ₹25,000 crore, with the overall festive trade, including gifts and apparel, likely surpassing ₹30,000 crore. Many rakhis now celebrate themes such as Viksit Bharat and women's empowerment.

Mukul Agrawal-backed PTC Industries shares slip 4% despite 466% surge in Q1 profit and 180% EBITDA growth
PTC Industries shares fell 4% despite a strong Q1 FY27 performance, with profit surging 466% and EBITDA rising 180%. Revenue grew 83% year-on-year to ₹197.1 crore, supported by aerospace and defence programmes. Investors Mukul Agrawal and Vikas Khemani held 1.07% and 2.57% stakes, respectively, as of June 2026.

Inside India's post-Sindoor defence overhaul: Bigger budgets, new formations and record exports
Operation Sindoor tested India's military capabilities against Pakistan in May 2025. The nation has since focused on enhancing its defense systems and strategic partnerships. New indigenous technologies and expanded defense production are key developments. India is also strengthening its cyber defenses and intelligence gathering capabilities. These efforts aim to bolster national security and project regional influence.

Swadeshi 1.0 vs. Made in India 2.0: How India turned a 1905 boycott into a 2026 business strategy
Independence Day 2026: From the Swadeshi movement to Atmanirbhar Bharat. Early Swadeshi movements fostered indigenous industries against imperial rule. Modern policies like Make in India 2.0 drive global competitiveness and expansion. Production-Linked Incentive schemes have spurred significant investment and job creation. India now leads in mobile phone production and aims for high-tech manufacturing. This evolution showcases a renewed legacy of economic self-determination on a global scale.

India's BrahMos finds a fan in Philippines, gives 'credible deterrence' in South China Sea
Philippines Ambassador to India Josel F Ignacio on Tuesday said India's BrahMos missile system has strengthened its deterrence against China in the South China Sea, with Manila calling India a leading future defence supplier. The landmark $375 million missile deal has deepened India-Philippines defence ties as New Delhi expands its defence exports across the Indo-Pacific.

PTC Industries bags two-year BrahMos missile subsystem order
PTC Industries has secured a two-year order from BrahMos Aerospace. This order involves developing and integrating a strategic missile subsystem for the program. The company's entry into systems-level integration marks a major advancement. This mission-critical assembly will operate under supersonic conditions.

Modi in Indonesia: India forming a strategic BrahMos belt
India's potential BrahMos missile deal with Indonesia could forge a significant coastal defence network across Southeast Asia. This growing 'BrahMos belt,' already including the Philippines and Vietnam, offers regional powers a potent deterrent against China's maritime assertiveness. As US security assurances waver, these missile deployments provide a crucial, independent defence option, reshaping the military balance in the vital South China Sea.
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