₹79,000 Cr Defence Boost! 'Make In India' Gets Massive Firepower For Army, Navy, IAF | Business News

This special report focuses on a major push for India's defence sector, with the Defence Acquisition Council (DAC) clearing military procurements worth ₹79,000 crore to boost the armed forces. Commerce and Industry Minister Piyush Goyal also confirmed progress in trade negotiations with the United States, stating, 'We are in dialogue with the United States of America. Our teams are engaged. We recently had the Commerce Secretary visit the US and he met with his counterparts. We continue to engage with them and talks are progressing. We hope to work towards a fair and equitable agreement in the near future'. The programme delves into the market impact of these developments, including the surge in defence stocks and the effect of rising global crude oil prices on Indian companies. Also discussed are Vedanta's ₹1 lakh crore investment plan in Odisha and Deloitte's forecast projecting India's FY26 growth at 6.8 percent amid strong domestic demand.