August 11, 2025
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Defence revenue seen rising 15–17% in FY26, Icra says strong order book and localisation to lift margins, capital outlay hits Rs 1.92 lakh crore

Vajra News03 mins

NEW DELHI: India’s defence manufacturing sector is expected to witness 15–17% revenue growth in FY2025–26, driven by a strong execution pipeline, robust order book position, and sustained government focus on domestic procurement, according to a report released by Icra on Tuesday.The industry’s order book to operating income (OB/OI) ratio stood at 4.4 times as of…

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Risky Strait of Hormuz: Marine insurance costs surge

Vajra News04 mins

MUMBAI: Iran’s parliamentary move to approve the closure of the Strait of Hormuz, an oil shipping chokepoint, has jolted global insurance markets. Already uneasy over the Red Sea disruptions, marine insurers are now bracing for a spike in war risk premiums and the possible withdrawal of war cover across the Persian Gulf.“The ongoing Iran-Israel-US conflict…

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‘Destroyed last aircraft’: Israel strikes Yemen’s Sanaa airport after intercepting Houthi missile

Vajra News03 mins

Israel’s defence minister Israel Katz, on Wednesday, announced that their fighter jets conducted strikes on Houthi targets at Sanaa airport in Yemen, following the group’s launch of two projectiles towards Israel the previous day.“Air Force jets have just struck terror targets of the Houthi terrorist organisation at the airport in Sanaa and destroyed the last…

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Irdai chief post vacant since March, reforms stall

Vajra News04 mins

MUMBAI: Plans to revamp the insurance sector are in limbo, with key reforms stalling after Irdai chairman Debashish Panda left office in March. The post remains vacant, leaving the sector without regulatory leadership at a time when several major initiatives are awaiting rollout.The most ambitious among them is Bima Sugam, a unified digital marketplace for…

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Watch: ‘He’s better than him but…’ – Cristiano Ronaldo Jr. picks Lamine Yamal over his father but with a caveat | Football News

Vajra News04 mins

Lamine Yamal and Cristiano Ronaldo Cristiano Ronaldo, one of the biggest names in world football, is in the twilight years of his career. The Portuguese superstar turned 40 this February and signed a contract extension with Saudi Pro League side Al-Nassr less than a month ago. With the forward committed to the Saudi side and…

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‘I am sure there will be no hurdle’: Bilawal Bhutto claims Pakistan open to handing over Hafiz, Azhar to India; says New Delhi must cooperate

Vajra News04 mins

File photo: Pakistan’s former foreign minister Bilawal Bhutto (Picture credit: ANI) Pakistan’s former foreign minister Bilawal Bhutto Zardari has said that Islamabad would be open to extraditing individuals of concern, including terror accused, as a goodwill gesture to India, provided New Delhi is willing to cooperate in the process.Speaking to Al Jazeera, Bilawal, who also…

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Alia Bhatt’s former personal assistant arrested for duping the actress of over Rs 76 lakh – Details inside | Hindi Movie News

Vajra News03 mins

Alia Bhatt’s former personal assistant has been arrested for cheating her of a whopping Rs 76.9 lakh. The accused, Vedika Prakash Shetty, worked closely with Alia and is now being blamed for swindling large sums from the actor’s personal and company accounts.Vedika Shetty was Alia’s PA from 2021-2024Reportedly, as per a statement by Mumbai Police,…

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‘Didn’t want him to meet his wife, kids’: Delhi woman stabs live-in partner to death in Gurgaon; arrested | Gurgaon News

Vajra News02 mins

GURGAON: A 27-year-old woman was arrested on Saturday for allegedly stabbing her 40-year-old live-in partner to death. Yashmeet Kaur of Ashok Vihar, Delhi, was apprehended from her rented residence in Gurgaon.According to police, Harish was stabbed by Kaur as he wished to return to his family against her will.Police said that on Aug 2, they…

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