Search For "defence budget"
Indian Navy to berth new aircraft carrier at private shipyard
Updated : 5 years, 12 months ago IST
New Delhi [India], Mar 15 (ANI): Amid declining share in defence budget for its projects, the Indian Navy is now planning to deploy the indigenous aircraft carrier at a private shipyard in Kattupalli near Chennai.
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Parl Panel flags shortage of Rs 60K crore for defence modernisation
Updated : 6 years ago IST
New Delhi [India], Mar 13 (ANI): The Parliamentary standing committee on Defence on Friday flagged the shortage in allocation of the defence budget for modernisation saying it would affect the acquisition of the latest weaponry for the Armed Forces.
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CAG report 'a little outdated', every jawan who goes to Siachen gets perso
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 4 (ANI): Army Chief General MM Naravane on Tuesday said the report by the Comptroller and Auditor General (CAG) tabled in parliament on Monday regarding condition of troops in high altitude areas was "a little outdated" and stressed that every jawan who goes to Siachen
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CDS looks at increasing retirement age for managing rising pension budget
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 2 (ANI): Amid criticism that the hike in the defence budget was not sufficient to meet services' modernisation needs, the Chief of Defence Staff (CDS) General Bipin Rawat on Sunday said that there was no cause of concern, even as he suggested steps like enhancing th
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Defence gets 6 percent hike, Rs 1.1 lakh crore for modernisation
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 1 (ANI): The defence budget has been hiked by 6 per cent from Rs 3.18 lakh crore to Rs 3.37 lakh crore in the Union Budget 2020 presented by Finance Minister Nirmala Sitharaman on Saturday.
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German Vice Chancellor rejects US sanctions on Russia-Europe gas pipeline
Updated : 6 years, 2 months ago IST
Moscow [Russia], Dec 21 (ANI/Sputnik): German Vice Chancellor Olaf Scholz has rejected the new US sanctions penalising the contractors who are helping build the Nord Stream 2 pipeline, the state media reported on Saturday.
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Army chief emphasises on need to re-organise military resources
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Dec 14 (ANI): Army chief General Bipin Rawat on Saturday emphasised on the need to re-organise and deploy military resources in order to use defence budget in a fruitful manner.
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CDS should be suitably empowered to carry out all decisions: Navy Chief ha
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 3 (ANI): Navy Chief Admiral Karambir Singh on Tuesday expressed hope that that Chief of Defence Staff (CDS) is suitably empowered to carry out all the decisions and hailed Prime Minister Narendra Modi for taking a "historic decision" of creating the new post.
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Chinese Defence White Paper is full of self-praise
Updated : 6 years, 7 months ago IST
Hong Kong, July 30 (ANI): The Defence White Paper that China's leaders released on July 24, the country's first such document in four years, spent much of its time justifying Beijing's military buildup and regurgitating frayed arguments about why it is a force for good in a troubled and c
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Customs exemption to help defence forces save Rs 25,000 crore over 5 yrs:
Updated : 6 years, 8 months ago IST
New Delhi (India), Jul 5 (ANI) Finance Minister Nirmala Sitharaman enhanced the defence budget marginally but exempted defence imports from custom duties which will help the services save around Rs 25,000 crore over five years.
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Exemption from customs duty will augment defence budget: Defence Minister
Updated : 6 years, 8 months ago IST
New Delhi [India], July 05 (ANI): Exemption from basic customs duty on import of defence equipment not manufactured in India will augment defence budget with over Rs 25000 crores over the next five years, said Defence Minister Rajnath Singh on Friday.
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Defence equipment not manufactured in India exempted from basic customs, s
Updated : 6 years, 8 months ago IST
New Delhi [India], July 5 (ANI): Finance Minister Nirmala Sitharaman on Friday announced that the import of defence equipment that are not being manufactured in India are being exempted from basic customs duty.
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