India’s defence sector anticipates a significant expansion in the upcoming fiscal year, with budget proposals hinting at a 20-25% increase in allocations. Analysts foresee a positive industry outlook driven by government spending and policy reforms, though challenges like working capital and R&D investments remain crucial for sustained growth.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,