China has announced a 7 per cent increase in its 2026 defence budget to roughly USD 277 billion. Amidst regional conflicts and military purges, Beijing is prioritising modernisation and "sovereign rights." While feeling vulnerable due to energy dependencies, China is choosing diplomatic enga
US President Donald Trump has signed an executive order directing the government to prioritise countries that invest more in their own defence when approving American arms sales, as part of what he described as an "America First Arms Transfer Strategy".
Senior Congress leader P. Chidambaram on Sunday raised concerns over the Union Budget 2026, questioning the government's approach on trade, investment, and defence expenditure.
The industry has reacted with notable optimism, particularly regarding the scale of public spending. Amisha Vora, Chairperson & Managing Director of PL Capital - Prabhudas Lilladher, highlighted that the 24 Per cent rise in government capex is "huge" and noted the strategic importance
Speaking during an address at the World Economic Forum in Davos, Merz said, "This new world of great powers is being built on power, on strength, and when it comes to it, on force." He added, "It's not a cozy place."
Zelenskyy at Davos said Europe is delaying action on defence and justice, comparing the situation to "Groundhog Day". He criticised the lack of a tribunal for Russian crimes and urged unity. He also met Trump, who said the talks went well but ending the war will take time.
US Treasury Secretary Scott Bessent stated NATO is "safe" and urged Europe to pay more for defence. He later rejected a "false choice" between Greenland and NATO, saying both matter for US security. Bessent said the US will stay in NATO as Trump pressures allies over Greenland.
"There has always been a debate between guns and butter. But if we play smartly, one can contribute to the other. The gun can contribute to the butter. Over the past three years, most of our procurements have been from domestic sources, once we do that, we're paying 18% GST, which goes ba
US President Donald Trump claimed he "single-handedly ENDED 8 WARS," asserted he was wrongly denied the Nobel Peace Prize by Norway, praised US military strength under his leadership, criticised NATO allies on defence spending, and said Russia and China fear only a US backed by him.
Taiwan President William Lai stated the island must strengthen its defence to deter China, stressing that peace depends on strength. He highlighted growing global concern over Taiwan's security and said his government is boosting defence spending and domestic capabilities to safeguard Taiwan
Japan's Cabinet on Friday approved a record initial budget of JPY 122.31 trillion (approximately USD 783 billion) for fiscal 2026, underscoring the newly appointed Prime Minister Sanae Takaichi's expansionary fiscal approach aimed at stimulating economic growth and strengthening defence capa
During the call, Hegseth and his Japanese counterpart discussed Japan's efforts to increase its defence spending and strengthen its capabilities, China's military activities, and the importance of realistic training and exercises across Japan, including in the Southwest Islands