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| Name | Why Are Defence Stocks Rising? |
| Video Uploader | Video From NDTV Profit |
| Upload Date | This Video Uploaded At 04-09-2024 09:22:11 |
| Video Discription | The Ministry of Defence has approved 10 capital acquisition proposals amounting to Rs 1,44,716 crore spread across the Army and Coast Guard. The Defence Acquisition Council, chaired by Defence Minister Rajnath Singh on Tuesday, accorded the acceptance of necessity, or AoN, for these proposals. Of the total cost of AoNs, 99% is from indigenous sources under the Buy (Indian) and Buy (Indian-Indigenously Designed, Developed, and Manufactured) categories, according to a release by the Ministry of Defence. For modernization of the tank fleet of the Indian Army, the proposal for procurement of Future Ready Combat Vehicles has been cleared. The FRCV will be a futuristic main battle tank with superior mobility, all terrain ability, multilayered protections, precision and lethal fires over, and real-time situational awareness. #defence #defencestocks #stockmarket -------------------------------------------------------------------------------------------------------------------------------------------------- For more videos subscribe to our channel: https://www.youtube.com/@NDTVProfitIndia Visit NDTV Profit for more news: https://www.ndtvprofit.com/ Don't enter the stock market unaware. Read all Research Reports here: https://www.ndtvprofit.com/research-reports Follow NDTV Profit here Twitter: https://twitter.com/NDTVProfitIndia , https://twitter.com/NDTVProfit LinkedIn: https://www.linkedin.com/company/ndtvprofit Instagram: https://www.instagram.com/ndtvprofit/ Facebook: https://www.facebook.com/NDTVProfit/ |
| Category | News & Politics |
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