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TREND | 06 May 2025

US Defence Secretary directs 20% cut to top military leadership positions

Business Standard

Defense Secretary Pete Hegseth on Monday directed the active duty military to shed 20 per cent of its four-star general officers as the Trump administration keep pushing the services to streamline their top leadership positions. Hegseth also told the National Guard to shed 20% of its top positions. In a memo dated Monday, Hegseth said the cuts will remove redundant force structure to optimize and streamline leadership. On top of the cuts to the top-tier four-star generals, Hegseth has also directed the military to shed an additional 10% of its general and flag officers across the force, which could include any one-star or above or equivalent Navy rank. Hegseth said the cuts aimed to free the military from unnecessary bureaucratic layers. The news of the cuts was first reported by CNN.

Centre Orders Mock Drills In Several States On Wednesday To Assess Civil Defence Readiness: Reports

NDTV Profit | 05 May 2025 9 more

Defence

TREND | 05 May 2025

Indian Navy, DRDO successfully test indigenous multi-influence ground mine

Business Standard

The Indian Navy and DRDO successfully tested the indigenous Multi-Influence Ground Mine, enhancing undersea warfare capabilities amid rising India-Pakistan tensions and regional missile tests

DRDO & Navy undertake maiden successful firing of underwater mine

Business Line | 05 May 2025

Defence

TREND | 05 May 2025

Defence spend amid Pak tensions may hit India's fiscal strength: Moody's

Business Standard

Moody's Ratings says India's economy remains resilient despite Pak tensions, but increased defence expenditure could weigh on fiscal strength and delay consolidation

Defence ministry orders hit 2.1 trn in FY25, 92% awarded to local firms

Business Standard | 05 May 2025 8 more

Defence

TREND | 05 May 2025

US space biology firm Helogen acquires India's Vellon Space

Business Line

Helogen, by this acquisition, seeks to leverage Vellon's local expertise and collaborations with ISRO, Indian Institutes of Technology, and other leading research institutions

Defence

TREND | 05 May 2025

Apollo Defence Indus buysHinduja Group co IDL Explosives for 107 crore

Business Line

Once acquisition completed, Apollo Defence will own 100% of IDL Explosives; the company had posted a turnover of 623 crore in FY24 and holds a net worth of 10 crore

Defence

TREND | 04 May 2025

Is India's DEW technology battle-ready?

Business Line

Despite lingering challenges, DRDO's successful testing of a directed energy weapon' is a significant milestone

Defence

TREND | 04 May 2025

Defence stocks on growth warpath as order blitz fuels bullish outlook

Business Standard

Order backlog, inflows add firepower to sector's FY26 offensive

Defence

TREND | 03 May 2025

IAF conducts night drill with fighter jets on Ganga Expressway airstrip

Business Standard

The Indian Air Force (IAF) successfully conducted night-time combat drills involving fighter jets on the country's first expressway airstrip on the Ganga Expressway in Shahjahanpur district, officials said Saturday. The drill, which took place between 7 pm and 10 pm on Friday, saw fighter jets Rafale, Sukhoi, Jaguar, and Mirage-2000 simulate touch-and-go landings and combat operations on the 3.5-kilometre airstrip near Piru village under the Jalalabad Police Station limits. Superintendent of Police Rajesh Dwivedi told PTI, "Multiple fighter jets carried out successful sorties as part of a night operational exercise. The drill involved precision landings, coordinated take-offs, and tactical operations by jets such as Rafale, Sukhoi, Jaguar, Mirage-2000, and M-32." More than 250 CCTV cameras were mounted on and around the airstrip for surveillance and security. "This ensures safe operations and quick response in case of any untoward incidents," he said. Traffic was halted for nearly

IAF tests under-construction Ganga Expressway for emergency landing of fighter jets

Business Line | 02 May 2025

Defence

TREND | 03 May 2025

$163-billion US budget cut plan: Education, housing to be hit

Economic Times

Donald Trump's administration plans significant federal budget changes. The proposal includes a $163 billion cut, impacting education and housing. Defence and border security spending will increase. Non-defence discretionary spending faces a 23% reduction. The budget aims to fulfil Trump's promises on border security. Tax cuts extension could add $5 trillion to the national debt. Democrats criticise the cuts as severe.

Pete Hegseth orders Army to merge commands, cut jobs to reduce costs

Business Standard | 02 May 2025 2 more

Defence

TREND | 01 May 2025

Tata Tech, Reliance, Gensol, and sector watch: Kranthi Bathini's 2025 market outlook

Economic Times

Market narratives are shifting rapidly. Kranthi Bathini of WealthMills Securities discusses Tata Technologies, suggesting investors await earnings traction. Reliance Industries remains a buy-on-dip. Gensol Engineering faces challenges amid legal issues. Ambuja Cements and Bajaj twins are expected to perform well. Banking and financials are attractive sectors. Defence stocks offer opportunities. Nifty must hold above 24,000 amid global uncertainties.