Search For "defence budget"
Taiwan plans to boost defence spending by USD 40 billion to counter China'
Updated : 3 months, 2 weeks ago IST
In an op-ed in the Washington Post, Lai said Taiwan is committed to maintaining peace in the Indo-Pacific region despite frequent Chinese military incursions into its vicinity and drills breaching the first island chain that extends from Japan to Borneo.
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Atmanirbharta reforms script record Indian defence production, exports
Updated : 3 months, 3 weeks ago IST
India recorded its highest-ever defence production of Rs 1.54 lakh crore in 2024-25, with manufacturing in the country rising leaps and bounds over the past years, thanks to the right policies and Atmanirbharta reforms in place.
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Defence Minister Rajnath Singh pushes for real-time economic analysis in d
Updated : 5 months, 1 week ago IST
Defence Minister Rajnath Singh, on Wednesday, while speaking at the Defence Accounts Department's 278th Foundation Day, emphasised the importance of using economic analysis to strengthen India's defence budget, while stating his vision of making the Defence Accounts Department a centre of e
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US wants oversight of Pak defence budgets, seeks more accountability
Updated : 5 months, 1 week ago IST
The US State Department's 2025 Fiscal Transparency Report urged Pakistan to place defence and intelligence budgets under parliamentary or civilian oversight, Dawn reported. It also called for timely budget publication and fuller debt disclosure, while noting progress in audit independence
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Macron to double defence budget by 2027
Updated : 8 months ago IST
French President Emmanuel Macron announced on Sunday evening an acceleration of national defence spending, with the budget set to reach EUR64 billion by 2027 instead of the previously scheduled 2030 target.
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11 years of India's defence sector: From indigenous production to global e
Updated : 9 months ago IST
India's defence sector has witnessed an extraordinary transformation over the last eleven years under the leadership of Prime Minister Narendra Modi. The Indian defence sector saw a steady rise in its defence budget, resulting in record-breaking production and a surge in exports.
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India's Defence budget to rise five-fold to Rs 31.7 lakh crore by 2047, sa
Updated : 9 months, 2 weeks ago IST
India is expected to see a major boost in its defence sector by the year 2047, with the total defence budget projected to rise to Rs 31.7 lakh crore, according to joint study report by Confederation of Indian Industry (CII) and KPMG.
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"Raksha Mantri has promised increase to 10% of Defence budget for R&D"
Updated : 9 months, 2 weeks ago IST
Chairman of the Defence Research and Development Organisation (DRDO), Dr Samir V Kamat, on Thursday, underlined the need for increased investment in research and development in the defence sector, while speaking at the CII Annual Business Summit in the national capital.
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China targets 7.2 percent defence budget hike, 5 percent growth despite tr
Updated : 1 year ago IST
On the outset of trade wars with the United States, Beijing pledges to make domestic demand its main economic driver. The escalating trade war with the US is hitting Chinese exports, especially with the reciprocal tariffs that Trump has announced.
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Trump meets Polish President Duda, commends increase in defence budget
Updated : 1 year ago IST
Trump also praised Duda for Poland's commitment to boosting their defence spending.
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Pentagon ordered to plan for 8 per cent annual defence budget cuts over ne
Updated : 1 year ago IST
Defence Secretary Pete Hegseth has instructed top Pentagon and US military officials to prepare plans to reduce the defence budget by 8 per cent annually over the next five years, according to a memo obtained by The Washington Post and sources familiar with the matter.
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Defence budget will go up by 9.5 percent to Rs 6.81 lakh crores in 2025-26
Updated : 1 year ago IST
Defence Secretary Rajesh Kumar Singh said that the defence budget would go up by 9.5 percent from the current Rs 6.21 lakh crores to Rs 6.81 lakh crores in 2025-26.
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