Search For "defence budget"
Taiwan President Lai Ching-te increases defence budget spending to 3 per c
Updated : 1 year ago IST
Taiwan plans to raise its defence spending to at least 3 per cent of GDP this year, President William Lai announced, emphasising the need to strengthen national security. The proposed increase comes amid growing regional tensions and US President Donald Trump's renewed push for tariffs on Ta
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"Russia-Ukraine war would've never started if I were the President," Trump
Updated : 1 year, 1 month ago IST
Talking about the conflict in Russia and Ukraine, Trump said that he would try and resolve it as quickly as possible.
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India is attaining 'Aatmanirbharta' in defence, emerging as global manufac
Updated : 1 year, 7 months ago IST
The Prime Minister pointed out that there was a time when the majority of the defence budget was used to procure weapons/equipment from abroad, but his government focused on indigenous manufacturing to make the nation self-reliant.
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PM Modi asks Industry to compete with the government in creating jobs and
Updated : 1 year, 7 months ago IST
Addressing the leaders of Indian Industry PM Narendra Modi highlighted the achievements of his government over the last ten years. Modi said India is currently the world's fastest-growing major economy and in the last ten years' the country's budget has increased three times to Rs 48 lakh
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Union Budget 2024: Ministry of Defence receives Rs 6.22 lakh crore allocat
Updated : 1 year, 7 months ago IST
The Ministry of Defence (MoD) has been allocated over Rs 6.21 lakh crore in the Regular Union Budget for the Financial Year (FY) 2024-25.
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Xi continues his drive to purify the PLA and instill loyalty
Updated : 1 year, 8 months ago IST
Xi is heavily involved in military appointments and promotions, supposedly of candidates who are reliable, competent and loyal. Yet with so much cash being splashed around in ever-increasing defence budgets, some high-up officers in the PLA have seized the opportunity to profit personally.
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SIPRI report: Global military spending surges amid rising geopolitical ten
Updated : 1 year, 10 months ago IST
India's Defence Budget for the Financial Year 2024-25 has reached Rs 6,21,540.85 crore, marking a substantial increase over the past five years.
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China maintains defence budget growth despite economic travails
Updated : 2 years ago IST
Indeed, according to figures released on the opening day of the Second Annual Session of this formal gathering of China's political leaders, the 2024 defense budget will rise 7.2 per cent to Chinese Yuan (CNY) 1.66554 trillion, which equates to USD 231.4 billion.
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"National security was compromised during UPA government...can read list o
Updated : 2 years, 1 month ago IST
Accusing the UPA government of hampering defence preparedness by policy paralysis, Union Finance Minister Nirmala Sitharaman on Thursday said that shortage of ammunition plagued defence forces during its rule and the Modi government has doubled defence budget
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Record over Rs 6.21 lakh crore allocation to Ministry of Defence in Interi
Updated : 2 years, 1 month ago IST
In the current geopolitical scenario and with the twin objective of promoting self-reliance and exports, the defence budget has touched Rs 6,21,540.85 crore in the financial year 2024-25.
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Japan raises defence budget to record USD 56 billion amid tensions in Indo
Updated : 2 years, 2 months ago IST
Japan wants to dramatically expand its defence capacity because it has been alarmed by China's expanding military ambitions, while Russia's invasion of Ukraine has also stoked fears that China may move to take over Taiwan, a self-governed democracy claimed by Beijing.
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China's defence budget could be far greater than declared
Updated : 2 years, 2 months ago IST
When China announced its 2023 defense budget on 5 March, the figure quoted by the government was CNY 1.5537 trillion (USD224.59 billion). This represented a rise of 7.2 per cent compared to the previous year, the largest percentage increase in the past four years.
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