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The price of oil shoots upward as Trump demands tolls in the Strait of Hormuz●China’s monthly car ‌exports top 1m for first time as overall trade soars●As IPOs surge, Hong Kong’s audit regulator vows tougher scrutiny●Mercedes-Benz expands Hungarian plant with €1bn investment●Halliburton to deliver drilling services at Suriname’s GranMorgu field●Here's How Many Shares of Nike You'd Need for $10,000 in Yearly Dividends●Four Argentine Restaurants Win Their First Michelin Star●Ericsson ends up on the wrong side of memory-chip price spike. The stock slumps.●The price of oil shoots upward as Trump demands tolls in the Strait of Hormuz●China’s monthly car ‌exports top 1m for first time as overall trade soars●As IPOs surge, Hong Kong’s audit regulator vows tougher scrutiny●Mercedes-Benz expands Hungarian plant with €1bn investment●Halliburton to deliver drilling services at Suriname’s GranMorgu field●Here's How Many Shares of Nike You'd Need for $10,000 in Yearly Dividends●Four Argentine Restaurants Win Their First Michelin Star●Ericsson ends up on the wrong side of memory-chip price spike. The stock slumps.●

Asia

Defence stocks to buy or sell: Kotak expects defence upcycle to continue, prefers HAL over peers

mint - markets · 1h ago · 🇮🇳 India

Defence stocks to buy or sell: Kotak expects defence upcycle to continue, prefers HAL over peers

India's defence sector is predicted to experience an 11% CAGR in capital expenditure through FY2030, driven by increases in domestic procurement and AoN approvals. Kotak Institutional Equities forecasts a strong push in defence exports, while maintaining cautious views on specific companies.

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