India’s defence sector is witnessing a strong pickup in momentum after a relatively quiet period. As Q4 unfolds, both domestic and international developments are driving renewed interest in the space. According to Amit Dixit, Senior Analyst, ICICI Securities, Q4 is really brimming with activity, both international as well as on the domestic front.In an interaction with ETNow, Dixit highlighted several major developments: the clearance of the 7,000-crore ATAGS Howitzer order, the Pinaka system in February, and broader reforms in the capital acquisition process. These reforms, he emphasized, are key to accelerating the order finalisation process.
Modi banks on households to rein in a $346 billion debt pile
Prime Minister Narendra Modi’s administration is addressing a $346 billion debt through longer-dated sovereign bonds with a growing influence of households investing in insurers. This