mF International's 15min chart triggers KDJ Golden Cross, bullish Marubozu formation.

Nuclear Fuel International's 15-minute chart has recently exhibited a KDJ Golden Cross, accompanied by a Bullish Marubozu at 09/05/2025 12:15. This technical indicator suggests a shift in momentum towards a positive trend, with a potential for further upward movement in the stock price. The dominance of buyers in the market is a strong indication of bullish momentum, which is likely to persist in the near future.

India has unveiled a comprehensive 15-year defence modernisation plan, which includes the development of a third aircraft carrier, the first to be nuclear-powered. This ambitious initiative, announced on Friday, aims to bolster India's strategic capabilities and reduce reliance on foreign suppliers. The plan, outlined by the defence ministry's 2025 roadmap, underscores the nation's growing need for advanced defence technology to counter threats from neighbours like China and Pakistan [1].

The proposed nuclear-powered carrier, expected to be operational within the next 15 years, will mark a significant milestone for India's naval capabilities. Nuclear propulsion will enable the carrier to operate farther and more stealthily, enhancing its strategic reach in the Indian Ocean. Additionally, the plan calls for the development of at least 10 nuclear propulsion systems to support future warships [1].

A key aspect of the modernisation plan is the induction of Indian-made fighter jets into the navy's fleet. Hindustan Aeronautics Ltd (HAL) is developing twin-engine, deck-based fighters and light combat aircraft to meet this requirement. In April, India signed a deal with France for 26 Rafale-Marine jets, with an initial batch already in service. The goal is to have 62 Rafale jets in service by 2030, including 36 for the air force [1].

The plan also includes the procurement of two electromagnetic aircraft launch systems, developed for the U.S. Navy, and a strong emphasis on the use of drones, which played a pivotal role in a recent military conflict with Pakistan. India's defence budget for the fiscal year 2025 is approximately 6.81 trillion rupees ($77 billion), making it the world's fourth-largest defence spender [1].

The 15-year defence plan reflects India's strategic vision and commitment to technological advancement. By focusing on indigenous capabilities and reducing dependence on foreign suppliers, India aims to strengthen its defence posture and enhance its global influence.

References:
[1] https://www.business-standard.com/india-news/india-s-15-year-defence-plan-includes-nuclear-powered-carrier-navy-jets-125090501077_1.html