Positive Indigenisation List News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Singh is confident that NDA will win more than 400 seats in the Lok Sabha polls

Brokerage firm InCred maintains a cautiously optimistic outlook on the aerospace and defence sector. It has assigned an ‘add’ rating to specific companies within the sector, including Bharat Electronics (BEL), HAL (Hindustan Aeronautics), Data Patterns, and BDL (Bharat Dynamics).

India's Defence Minister, Rajnath Singh, announced a series of measures to enhance self-reliance in the defense sector at the 'Swavlamban 2.0' event. The fifth Positive Indigenisation List, comprising 98 critical items, was unveiled, focusing on import substitution and domestic development. Additionally, challenges were launched to foster innovation, and a dual-chip debit card called the 'SBI NAVeCash Card' was introduced.

Stocks to watch: Shares of firms like Marico, Bandhan Bank, Vedanta, Hero MotoCorp, PNB, RBL Bank, and others will be in focus on Thursday's trade.

India has announced a fresh list of 98 military hardware including complex systems, sensors, weapons and ammunition that will only be only be procured from domestic industry after a ban on their import kicks in under a staggered time-line.