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.
UBS upgrades Bajaj Finance shares, LT Finance as it sees NBFCs better placed than banks. Here’s why
UBS upgraded Bajaj Finance to Neutral and L&T Finance to Buy, citing improving asset quality and a revival in unsecured lending. The brokerage sees scope