February 1, 2023

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Market Movers: Defence stocks rally up to 4% after govt's Rs 76,000 cr-push

1 min read

The government as a council gave preliminary approval to military modernization projects costing Rs 76,000 crore, including the Navy’s next-generation corvettes. The approval will help cut India’s dependence on imports for military equipment as most of the projects will go to domestic manufacturers.

2022-06-07 09:01:23

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