India’s Defence Exports To EU Set To Rise

India’s defence exports are poised to experience significant growth as European nations increase their defence spending to reduce reliance on the United States for security.A recent report by Nuvama highlights that Europe’s limited manufacturing capacity and workforce shortages are creating opportunities for Indian defence manufacturers.The Pentagon’s proposed $50 billion annual budget cuts have

March 16, 2025
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Portugal Snubs F-35 Jets Over US Policy Concerns, Eyes French Rafales

Defence Minister Nuno Melo’s candid interview with Público on March 13, 2025, revealed that Portugal will not be pursuing the acquisition of the F-35 fifth-generation jet, primarily due to concerns about the United States’ reliability under Donald Trump’s presidency.This decision highlights the growing unease among some NATO allies regarding the predictability of U.S. foreign policy and its

March 16, 2025
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340 European Cities Restrict Usage of Cars

Cities in Europe “are dramatically scaling back their relationship with the car,” reports the Washington Post:

They are removing parking spaces and creating dedicated bike lanes. They are installing cameras at the perimeter of urban centers and eithe…

March 16, 2025
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India’s Defence Sector Poised For Significant Growth Amid Global Shifts: Report

India’s defence sector is poised for significant growth amid global shifts, as highlighted in a report by Nuvama. The sector is expected to experience substantial expansion driven by both domestic and international factors.Defence exports are projected to reach ₹203 billion in FY25, with a government target of ₹500 billion by FY29, marking a significant increase in India’s role in the global

March 15, 2025
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EU Announces Countermeasures In Response To U.S. Tariffs On Steel, Aluminium Products

The European Union has announced a series of countermeasures in response to the United States’ imposition of tariffs on steel and aluminium imports. The U.S. tariffs, which took effect on March 12, 2025, include a 25% duty on all steel and aluminium imports, impacting approximately $28 billion worth of EU exports.In response, the EU will impose its own tariffs on a range of U.S. goods valued at

March 12, 2025
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IAF Aiming To Induct New Multirole Fighter Jets In 4-5 Years, U.S. F-15 Strike Eagle May Be New Entrant In Global Tender

The Indian Air Force (IAF) is planning to induct new multi-role fighter jets within the next four to five years through a fast-tracked global tender.The move is crucial as the IAF faces a decline in its fleet due to the phasing out of older MiG series aircraft and delays in the induction of indigenous aircraft like the TEJAS MK-1 and MK-1A. A high-level committee, headed by Defence Secretary

March 12, 2025
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Missiles, Money & Momentum: EU’s $850 Billion Plan Resurrects Indian Defence Stocks

Defence stocks are witnessing a resurgence after a sharp correction, driven by the European Union’s ambitious $850 billion (€800 billion) defence rearmament plan. This initiative, aimed at bolstering Europe’s military capabilities amid rising geopolitical tensions, has rejuvenated investor confidence in the sector.In 2024, defence stocks surged due to heightened global tensions and increased

March 11, 2025
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EU Denies Picking on US Tech Giants

Europe’s new tech rule aims to keep digital markets open and is not targeted at U.S. tech giants, EU antitrust and tech chiefs told U.S. congressmen, reminding them that U.S. enforcers have in recent years also cracked down on these companies. From a r…

March 7, 2025
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