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SMAM expands farm mechanization with 21.61 lakh machines, Custom Hiring Centres and large-scale Kisan Drone demonstrations
The Sub-Mission on Agricultural Mechanization (SMAM) expands access for small farmers, women and disadvantaged groups through targeted mechanization support nationwide. Special emphasis has been placed on under-served and North-Eastern States to address regional disparities in access to farm machinery and technology. Since its inception, Rs 9,404.47 crore has supported the distribution of 21.61 lakh agricultural machines to individual farmers across India. Over 40,928 drone demonstrations covering 40,918 hectares were conducted with Rs.52.5 crore financial support, promoting precision agriculture adoption nationwide.

HFCL Defence Revenue To Start From Q1 FY28 As Major Orders Enter Execution Phase
HFCL expects defence revenue from Q1 FY28 as it bids for Army contracts and develops radars, anti-drone systems, jammers and ammunition.

Drone stock IdeaForge Technology share price jumps over 4% after launch of ₹500-crore QIP - livemint.com
Drone stock IdeaForge Technology share price jumps over 4% after launch of ₹500-crore QIPlivemint.com

Defence stock Zen Technologies jumps as subsidiary Vector Technics becomes India's largest drone propulsion manufacturer - livemint.com
Defence stock Zen Technologies jumps as subsidiary Vector Technics becomes India's largest drone propulsion manufacturerlivemint.com

HAL offers the best risk-reward among defence stocks despite expensive valuations, says Equirus
Harshit Patel, Director of Equirus Securities expects Bharat Dynamics to be a key beneficiary of the Defence Acquisition Council's ₹52,000-crore approvals, while BEL, Data Patterns, Apollo Micro Systems and Astra Microwave are well placed to benefit from rising demand for defence electronics and anti-drone systems.
Ukrainian drone attacks on oil refineries plunge Russia into a summer fuel crisis
Ukrainian drone strikes on Russian oil refineries are causing widespread fuel shortages and long queues at gas stations across Russia. This unprecedented crisis, impacting ordinary citizens and businesses, has led to rationing in many regions. President Putin acknowledged the issues, calling them temporary, but motorists report a stark contrast between official statements and reality. The attacks are disrupting Russia's energy production and impacting its economy.

Paras Defence partners with Powerus to manufacture Guardian-1 counter-drone system
Shares of Paras Defence and Space Technologies Ltd ended at ₹1,289.25, up by ₹105.45, or 8.91%, on the BSE.

Paras Defence Surges 7%: Record Defence Production, ₹30,000 Crore Drone Programme and Strong Technicals Fuel Rally - India Infoline
Paras Defence Surges 7%: Record Defence Production, ₹30,000 Crore Drone Programme and Strong Technicals Fuel RallyIndia Infoline

US Air Force, Navy Jets Hit Iran's Air Defence, Ground Control Stations, Surveillance Radar Near Hormuz
The IRGC subsequently announced a drone strike against the US Fifth Fleet in Bahrain in retaliation.
ideaForge hits the roof as board clears Rs 500 crore capital raise
ideaForge Technology hit an upper limit of 5% at Rs 898.60 after the drone manufacturer announced plans to raise up to Rs 500 crore through various capital market instruments.

Drone stock ideaForge share price hits 5% upper circuit, 52-week high as board approves ₹500 crore fundraise
Drone stock ideaForge Technology said that the fundraising may be executed through various routes, including preferential allotment, private placement, qualified institutional placement (QIP) or any other permissible method under applicable laws.

Iran Says It Shot Down US MQ-1 Drone Over Territorial Waters
The IRGC said the drone entered Iranian territorial airspace with hostile intent and was brought down using advanced air defence systems.