The CCS approved a Rs 260 billion procurement order for 240 aero engines for Su-30 MKI aircraft. This will increase Hindustan Aeronautics (HAL)’s already strong order backlog from Rs 940 billion (FY24 end) to Rs 1.2 trillion, resulting in strong revenue visibility of 3.8 times its TTM revenue.
Market expects one more rate cut as inflation stays benign
Indian economists and bond market experts expect another quarter percentage point cut in policy rates. This follows the Reserve Bank of India’s recent rate reduction
December 9, 2025