Turkey's $2.6B HURJET Deal with Spain Marks Defence Milestone
Turkey's landmark deal to supply 30 HURJET aircraft to Spain, worth €2.6B, cements its role as a global defence exporter. Read how this partnership reshapes aerospace ties.
Category : Search result: defence exports corruption
Freshara Agro's Spain Acquisitions Accelerate Global Growth
Freshara Agro Exports acquires two Spanish firms, aiming to triple its global footprint and boost India's fresh fruit and vegetable exports to Europe. Discover the strategic move.
BDL Wins ₹1,500 Crore Defence Contract, Stock Gains
Bharat Dynamics Ltd (BDL), a subsidiary of Bharat Electronics, signs a major ₹1,500 crore contract with the Indian Ministry of Defence. Details on the deal and market reaction inside.
EU Carbon Tax Threatens 22% Price Cut for Indian Metals
The EU's CBAM carbon tax is now live, threatening Indian steel & aluminium exports with price cuts up to 22%. Experts warn of high compliance costs & MSME impact.
Freshara Agro Exports Acquires Spanish Firms for European Foray
Freshara Agro Exports Limited acquires two Spanish fruit companies, strengthening its global supply chain and boosting India's agricultural exports to Europe. Read more.
Indian Army Achieves 90% Ammunition Indigenisation
The Indian Army has reached a 90% indigenisation rate for its ammunition, a major step towards a fully homegrown defence supply chain. Discover the strategic impact.
2025: A Landmark Year for UK-India Defence Partnership
2025 marks a historic high in UK-India defence ties, with advanced fighter jet engine tech transfer and major joint exercises. Explore the strategic partnership shaping Indo-Pacific security.
Rs 79,000 Crore Defence Deal for Rockets, Missiles Cleared
India's Defence Ministry clears procurement of long-range rockets, missiles & radar systems worth Rs 79,000 crore to boost armed forces' firepower. Read the full details.
Adani's Rs 1.8 Lakh Crore Defence Push Boosts Indigenous Tech
Adani Group announces a massive Rs 1.8 lakh crore investment to strengthen India's indigenous defence capabilities. Learn how this move accelerates self-reliance in military hardware.
Police SI, Constable Caught Taking Bribe in Chhatrapati Sambhajinagar
ACB Nanded traps a police sub-inspector and constable for allegedly accepting a bribe of Rs 1 lakh. Both officers attached to Airport police station arrested. Read the full details of the corruption case.
India's Creative Goods Exports Surge, UAE Top Destination
India's creative goods exports grew 7.3% to $12.5 billion in April-October FY26. UAE emerges as the largest market, surpassing the US. Fashion accessories and jewellery lead the growth. #Exports #Trade
UV Exports Overtake Passenger Cars in Historic Shift
India's auto exports see a historic reversal as Utility Vehicle shipments surpass passenger cars for the first time in November. Discover the data, key players, and what this means for 'Make in India'. Read the full analysis.
Paras Defence stock up 4% on subsidiary stake sale
Paras Defence shares surged 4% after announcing the divestment of its 58.02% stake in Ayatti Innovative. The move follows strong Q2 results with a 50% profit jump. Details inside.
India's Defence Reforms 2025: Record Growth & Tech Milestones
2025 marked a transformative year for India's defence sector with record production, exports, and breakthroughs in hypersonics, AI, and space. Discover the key reforms and future roadmap.
Engineering Exports Rebound Strongly to $11.01 Billion
India's engineering goods exports surged to USD 11.01 billion in November 2024, marking a strong rebound. Discover the key markets and factors driving this impressive growth in global trade.
UV Exports Outpace Cars, Marking a Major Shift for India
India's auto export landscape is changing. For the first time, utility vehicle shipments have exceeded passenger car exports, signaling a move beyond the small-car identity. Read the full analysis.
UV Exports Outpace Cars, India's Auto Identity Shifts
India's auto export story is changing. For the first time, utility vehicle shipments have overtaken passenger cars, signaling a move beyond the small-car image. Read the full analysis.
India inks $450M BrahMos missile pacts with Vietnam, Indonesia
India finalises major defence deals worth over $450 million to supply BrahMos missiles to Vietnam and Indonesia, strengthening strategic ties in Southeast Asia amid regional tensions.
UV Exports Overtake Cars, Marking India's Auto Shift
India's auto export story is changing. For the first time, utility vehicle shipments have surpassed passenger cars, signaling a major shift from the small-car identity. Read the full analysis.
Israeli Arms Firms See Record Revenues in 2024
Israeli defence companies report record revenues in 2024, driven by a surge in global military exports. Explore the key players and geopolitical factors behind this boom.
Army officer, middleman arrested in defence bribery case
CBI arrests Lt Col Deepak Sharma in a defence clearance bribery scandal, seizing Rs 2.33 crore. The Defence Ministry calls it proof of the government's 'zero tolerance' policy against corruption. Read the full details.
Defence Ministry officer, private person arrested in bribery case
CBI arrests Lt Col Deepak Kumar Sharma and Vinod Kumar in a defence exports bribery scandal. Raids recover crores. Details on the alleged Dubai firm link and police custody.
Defence Production Triples in a Decade, Exports Boom
India's defence production hits a record Rs 1.54 lakh crore in FY25, a three-fold jump from 2014-15. Exports surge to Rs 23,622 crore. Discover how Atmanirbharta is reshaping national security.
Tractor Exports Rebound, Set to Cross 1 Lakh Units
India's tractor exports stage a strong comeback in 2025 with 6% growth, poised to cross the one-lakh mark. Key markets in Africa and Europe drive recovery. Read the full analysis.
India's Exports Surge: US Hits $7B, China Up 90% in Nov
India's exports surged in November 2025, with US shipments up 22.6% to $7B and China exports skyrocketing 90.12%. Key drivers include electronics and engineering goods. Read the full analysis.
India, Russia Reshape Defence Ties for Self-Reliance
India and Russia are transforming their long-standing defence partnership, shifting focus to joint research, development, and production of advanced platforms to support New Delhi's self-reliance goals. Read the full analysis.
Russian Defence Minister Andrei Belousov Visits Delhi
Russian Defence Minister Andrei Belousov held talks with Indian MoS Sanjay Seth in New Delhi, discussing bilateral defence cooperation and regional security. Read the full details.
UP Anti-Corruption Body Nabs 3 in Bribery Traps
Uttar Pradesh Anti-Corruption Organisation arrested three officials in separate bribery traps in Bareilly and Mirzapur. One officer demanded Rs 5,000 for bail, while two power corp staff took Rs 30,000 to alter a bill. Read the full details.
India's Defence Firms Grow 8.2% as China's Arms Revenues Fall
Global arms revenues hit a record $679 billion in 2024. While India's top firms saw steady growth, China's revenues dropped sharply due to corruption scandals and delays. Explore the shifting balance of power in Asia's defence industry.
Engineering exports fall 21% in October: EEPC India
India's engineering exports declined by 21% in October 2023, dragged down by reduced shipments to US and ASEAN markets. Key sectors face challenges amid global economic slowdown.
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