India's defence industry is expected to register double-digit growth in the coming years, supported by a strong policy push and higher capital allocation in the Union Budget 2026-27, according to a report by Antique Stock Broking.
"They don't know how to read. If you ask Rahul Gandhi what nominal GDP is, he'll throw his hands up in the air... He doesn't even know what capital expenditure (capex) is. This budget is meant to lay the foundation for the country's future...," Jaiswal said.
The Union Budget for FY27 "gives some hope to the infra space after two consecutive years of disappointment," signalling a potential rebound in government spending, noted a Nuvama Research report on the recently announced Budget 2026.
The industry has reacted with notable optimism, particularly regarding the scale of public spending. Amisha Vora, Chairperson & Managing Director of PL Capital - Prabhudas Lilladher, highlighted that the 24 Per cent rise in government capex is "huge" and noted the strategic importance
Prime Minister Narendra Modi on Sunday hailed the Union Budget 2026-27 as a "strong foundation" for India's journey towards Viksit Bharat 2047, saying it will infuse fresh energy into the nation's ongoing reforms.
The capital expenditure has been increased to Rs 11.21 lakh crore, up from the Rs 11.21 lakh crore allocated in the last Union Budget for FY25-26. For FY26, the government had set a capex allocation of Rs 11.21 lakh crore.
With the Union Budget for FY27 scheduled for Sunday, expectations are tamed even as markets remain alert to the possibility of selective positive surprises, according to a pre-Budget note by Union Bank of India (UBI).
The SA20 season 4 was a memorable one as Brevis pulled his side out of trouble from a position of 1/2, smashing a 56-ball 101 with eight fours and seven sixes, single-handedly taking his side to 158/7. Pretoria Capitals had SEC on the ropes at 48/4, but sensational knocks from Matthew Breetz
With a 1-0 lead in the series, Proteas will be taking on Windies in the second T20I at Centurion. He missed the first T20I and the leading run-getter and 'Player of the Tournament' of this recently-concluded SA20 winning season with Sunrisers Eastern Cape will be aiming to get some valuable
New Delhi [India], January 28: As the Union Budget 2026 approaches, Gujarat's leading corporate voices have outlined clear expectations to sustain India's growth momentum and advance the vision of a Viksit Bharat. Industry leaders across manufacturing, infrastructure, healthcare, agriculture
Capital expenditure by the central government is expected to cross Rs 12 lakh crore in (Financial Year) FY27, registering a year-on-year growth of around 10 per cent, according to a report by the State Bank of India (SBI).