In an unprecedented twist, soccer enthusiasts in India and China are bracing for a World Cup viewing crisis. Negotiations for broadcast rights in India remain unresolved, while China is yet to clarify its stance. With the tournament's kickoff just around the corner
From Mumbai’s ambitious, sound-inspired Pan-Asian sanctuaries to the secret speakeasies of New Delhi and the artisanal pizza workshops of Bengaluru, here are the essential coordinates for your May social calendar. Specialty Restaurants Limited brings its progressive Pan-Asian vision to Bandra
Filing your income-tax returns (ITR) have become more accessible over the past few years with the full process available online via the Income-Tax (I-T) website. However, there are a lot of things that can be confusing for first-time taxpayers
Puducherry Chief Minister N Rangasamy on Monday won the Assembly election from the Thattanchavady constituency, defeating E Vinayagam of the Neyam Makkal Kazhagam. Rangasamy, the chief of the All India NR Congress, garnered 10,024 votes. He defeated Vinayagam by 4,441 votes
Outgoing Indian envoy meets Bangladesh FM, discusses bilateral tiesOutgoing Indian envoy meets Bangladesh FM, discusses bilateral ties Published on: May 04, 2026 4:54 PM IST PTI Share via Copy link Dhaka, India's outgoing envoy Pranay Verma called on Bangladesh Foreign Minister Kahlilur Rahman here
Seven killed in four road accidents in JharkhandSeven killed in four road accidents in Jharkhand Published on: May 04, 2026 5:17 PM IST PTI Share via Copy link Ranchi, Seven people, including three minors, were killed in four road accidents in Jharkhand over the past 24 hours, police said on Monday
What a day and what a pattern for Italy’s brightest sporting stars. Jannik Sinner and Kimi Antonelli both claimed massive wins yesterday in their respective sports, continuing one of the most bizarre and brilliant coincidences in modern sport. Let’s break it down
Reliance Jio has reshaped its prepaid plans for feature phone users and the Mukesh Ambani-owned company has introduced a new category called ‘4G Feature Phone Plans’, replacing older offerings and streamlining its lineup. If you’ve been using a JioPhone or any 4G keypad device
Defence stocks could remain on investors' radar after Prime Minister Narendra Modi, in his 12th consecutive Independence Day address, announced ‘Mission Sudarshan Chakra,' an indigenous missile defence shield, and renewed his call for homegrown jet engines, signalling a fresh push for self-reliance in critical military technologies.
From Missile Shields to Jet Engines: PM Modi’s defence roadmap puts sector back in focus
Defence stocks could remain on investors' radar after Prime Minister Narendra Modi, in his 12th consecutive Independence Day address, announced ‘Mission Sudarshan Chakra,' an indigenous missile defence shield, and renewed his call for homegrown jet engines, signalling a fresh push for self-reliance in critical military technologies.
The announcement of ‘Sudarshan Chakra' came days after Pakistan Army chief Field Marshal Asim Munir reportedly hinted at targeting Indian assets along the border, including Reliance Industries Limited's Jamnagar refinery in Gujarat, in the event of any future military confrontation between the two neighbouring countries.
Announcing the launch of the new defence system, Modi said it will be aimed at neutralising enemy threats and enhancing India's offensive capabilities.
The defence sector has been receiving a significant boost in recent years due to escalating geopolitical tensions, particularly in the Indo-Pacific region and along India's borders with China and Pakistan.
During ‘Operation Sindoor,' India showcased the strength of its indigenously developed defence systems and successfully intercepted drones and missiles launched by Pakistan. Modi's announcements further highlight India's commitment to producing critical military technologies entirely within the country and exporting them globally to friendly nations.
"In the next ten years, by 2035, I want to expand, strengthen, and modernise this national security shield. Drawing inspiration from Lord Shri Krishna, we have chosen the path of the Sudarshan Chakra," PM Modi said at the ramparts of the iconic Red Fort.
"The nation will be launching the Sudarshan Chakra Mission, and the entire modern system should be researched, developed, and manufactured in India, harnessing the talent of our youth. This powerful system will not only counter terrorist attacks but also strike back at the terrorists," he added.
This mission aims to develop a Dome-like defence system designed to safeguard critical sites, including civilian areas.
Though the prime minister did not elaborate on the new air-defence system, experts said it could be on the lines of Israel's Iron Dome all-weather air-defence system, known as a highly effective missile shield.
PM Modi calls for home-grown jet engines for fighter jets
Modi further urged the youth of the country to develop jet engines within India, adding, "Today, I urge the young scientists, talented youth, engineers, professionals, and all departments of the Government that we should have our jet engines for our own Made in India fighter jets."His emphasis on developing an indigenous jet engine also assumes significance as it came amid some hitch in sealing a deal between Hindustan Aeronautics Limited (HAL) and US defence major GE Aerospace to jointly produce a jet engine to power the next generation of India's combat aircraft.
GE Aerospace has faced delays in delivering its jet engines to HAL, which in turn has pushed back the aerospace company's handover of Tejas fighter jets to the Indian Air Force.
India began work on an indigenous jet engine nearly 35 years ago under the Kaveri engine programme. Sanctioned by the Cabinet Committee on Security in 1989, the project was intended to power the country's Light Combat Aircraft (LCA). However, the engine is still not ready for operational use.
Defence production hits all-time high
The annual defence production has soared to an all-time high figure of ₹1.5 lakh crore in the FY25. The milestone represents a robust 18% growth over the previous fiscal's output of ₹1.27 lakh crore, and a staggering 90% increase since FY 2019-20, when the figure was ₹79,071 crore.India's domestically manufactured defence products are also gaining global traction, with exports also reaching a record high of ₹23,622 crore in FY 2024–25.
The government now aims to achieve annual defence exports worth ₹50,000 crore by 2029, further expanding its global footprint. Orders for the BrahMos missile surged after it played a crucial role in Operation Sindoor, targeting Pakistani military infrastructure, including air bases, army cantonments, and terror camps.
(With inputs from PTI, ANI)
Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Source: LiveMint
Related Posts: Defence Stocks Rally Up To 10% As Russia Escalates Strikes In Ukraine Despite Ceasefire Talks HAL, Other Defence Stocks Surge Up To 4% As Govt Approves Rs 62,000 Crore Tejas Mark 1A Order Defence Stocks Slide Defence Stocks Fire Up Amid US Iran Conflict Foreign Investors Dump Record $12 Billion India Stocks In March On War Wall Street is warning investors to get ready for stocks to drop He is a great prime minister Former Malaysian Prime Minister Najib Razak sentenced to 15 years Prime Minister Modi put himself at the centre of India’s foreign policy There is no benefit to Prime Minister Modi's visits here
BenQ 27-inch 500Hz gaming monitor launched in India: Price, features and moreBenQ EX271QZ gaming monitor has launched in India, bringing a 27-inch QHD display with 500Hz refresh rate for gamers seeking faster performance and visuals. Published on: May 04
1 days ago
State-owned Central Bank of India does not expect any significant impact from the Reserve Bank of India’s expected credit loss (ECL) framework, managing director and CEO Kalyan Kumar said, citing adequate provisioning buffers. Under the ECL framework
1 days ago
A significant initiative has been undertaken to make learning easier and simpler for students in the 11th and 12th grades. The National Council of Educational Research and Training (NCERT) has launched free online courses aimed at providing quality education to students through digital mediums
1 days ago
The OnePlus Ace 6 was launched in China in October last year and later arrived in India in December as the rebranded OnePlus 15R. Now, discussions around its successor, the OnePlus Ace 7, have begun to surface. A fresh rumour has revealed key specifications of the purported device
1 days ago
An Indian-origin software engineer at Microsoft has gone viral after opening up about her years-long struggle with repeated visa rejections, detailing how persistence and an unexpected route eventually helped her secure permanent residency in the United States
1 days ago
Who is Anu Sharma? Internet curious about Indian techie who left Google to join PalantirAnu Sharma responded to the online buzz with an Instagram post. Published on: May 04, 2026 3:44 PM IST By Trisha Sengupta Share via Copy link In the middle of the 2026 Assembly Elections counting frenzy
1 days ago
At the age of 32, Rhea was busy building her career when she felt something unusual during a routine self-check. The days that followed moved quickly: doctor visits, tests, and then a diagnosis she never expected to hear at her age, breast cancer. Suddenly
1 days ago
Counting of votes for the five state elections is underway, with trends indicating a stronger-than-expected showing for the Bharatiya Janata Party. The party is currently leading in West Bengal, Assam and Puducherry, ahead of rivals including Mamata Banerjee’s Trinamool Congress and the Indian
1 days ago
Elon Musk contacted OpenAI President Greg Brockman to gauge interest in a settlement two days before their high-stakes trial got underway in Oakland federal court, according to a new court filing. Assembly Elections 2026 When Brockman suggested both sides drop their claims
1 days ago
Low risk to public, no travel restrictions needed: WHO on hantavirus outbreak on Atlantic cruise vesselThree people have succumbed to the hantavirus outbreak on an Atlantic Ocean cruise ship. Updated on: May 04, 2026 5:22 PM IST Edited by Sana Fazili Share via Copy link An outbreak of Hantavirus
1 days ago
DRDO Internship 2026 program launched with ₹30,000 stipend, engineering students can apply at drdo.gov.inDRDO has launched internship program for engineering students. Interns will get stipend of ₹30000 per month. Published on: May 04, 2026 4:43 PM IST By HT Education Desk | Edited by Papri
1 days ago
The Pentagon said Friday (May 1, 2025) that it has reached deals with seven tech companies to use their artificial intelligence in its classified computer networks, allowing the military to tap into AI-powered capabilities to help it fight wars. Google, Microsoft, Amazon Web Services, Nvidia
1 days ago
Dairy and healthy snacks brand Epigamia has appointed as its new chief executive officer. Assembly Elections 2026 The leadership change comes , founder of Epigamia’s parent company, . He passed away at the age of 42 on December 21, 2024, following a cardiac arrest
1 days ago
Anshit Kumar becomes Himachal topper; 92.02 pc candidates pass Class 12Anshit Kumar becomes Himachal topper; 92.02 pc candidates pass Class 12 Published on: May 04, 2026 4:13 PM IST PTI Share via Copy link Dharamshala/Shimla , Anshit Kumar of the Arts stream emerged as the overall topper of
1 days ago
Wedding family pays Blinkit agent with ₹2,100 currency garland, viral clip shows his amused reactionA woman paid a Blinkit delivery agent with a ₹2,100 currency garland during a wedding, leaving the internet amused. Updated on: May 04, 2026 4:42 PM IST By Mahipal Singh Chouhan Share via Copy
1 days ago
Assam Congress chief Gaurav Gogoi loses high profile Jorhat seat in 2026 Assam polls. BJP candidate Hitendra Nath Goswami wins by 23182 votes. Assam Congress chief Gaurav Gogoi has lost the high-profile Jorhat Assembly seat, marking a major setback for the party in the 2026 Assam elections
1 days ago
Dietitian ranks popular sweeteners on a scale of 1 to 10: Stevia, monk fruit to honey, brown sugar, jaggery, datesShweta J Panchal rates monk fruit as the best option for diabetics. She warns against artificial sweeteners. But what about alternatives like dates and honey? Published on: May 04
1 days ago
The UDF is set to form Kerala government 2026 as it leads in 97 seats. Who will be Congress CM face? Look at top contenders in the race. The Congress-led United Democratic Front (UDF) is firmly on course to form the next government in Kerala as it has crossed the majority mark in the latest
1 days ago
If squeezing in a workout feels impossible, here is some good news—you don’t always need to leave your bed to stay active. Simple, low-impact exercises done while lying down can effectively target your thigh muscles, improve control, and build strength.If squeezing in a workout feels impossible
1 days ago
Law Prep Tutorial honours 400+ CLAT 2026 achievers at ‘Fateh 2026’, awards ₹1 croreLaw Prep Tutorial held Fateh 2026 to honour CLAT achievers, awarding top-ranked students with cash prizes, trophies, and recognition for their performance. Updated on: May 04
1 days ago
Lakshmi Manchu says Trisha Krishnan has got best birthday gift with Vijay's TVK victory: ‘What a day to celebrate’Early counting trends in Tamil Nadu Assembly elections showed Vijay's party leading by 108 seats of the total 234 seats. May 4, 2026
1 days ago
Kerala Finance Minister K N Balagopal narrowly won the Kottarakkara constituency by 1,012 votes against former CPI(M) leader Aisha Potty, who had joined the Congress. Balagopal's victory makes him one of the few CPI(M) ministers to survive the UDF's gains in the state assembly polls
1 days ago
Kiara Advani slams rumours of her asking Toxic makers to tone down bold scenes with YashRumours did rounds recently that Kiara Advani was uncomfortable with a romantic scene she had shot with Yash for Toxic. Here's what the actor said. May 4, 2026
1 days ago
While the Trinamool Congress (TMC) appears headed for defeat after 15 years, Abhishek Banerjee is positioned as the primary figure to lead the party’s eventual rebuilding efforts, despite Mamata Banerjee’s exit. Why Abhishek Banerjee could still rise, News18 explains
1 days ago
From ‘kingmaker’ to underdog: Badruddin Ajmal leads by 27,967 votes in toughest post-delimitation testBadruddin Ajmal, a veteran leader and AIUDF president, is running for the 2026 Assam Assembly from Binnakandi, leading the battle by around 27,967 votes. Published on: May 04
1 days ago
S. A. Chandrasekhar reacted with pride as his son, Vijay, continued to lead in the Tamil Nadu Assembly election results. Speaking to ANI, the veteran filmmaker spoke about Vijay’s confidence and journey over the past few years. “I’m very proud and happy—both me and my wife
1 days ago
Sometimes, football really does deliver the perfect underdog story. FC Thun have been crowned Swiss Super League champions for the first time in their 128-year history. FC Thun, who hail from Switzerland’s 11th biggest city, have done the unthinkable
1 days ago
