Search For "military expenditure"
"Op Sindoor led to increase in demand for our Indigenous defence products"
Updated : 11 months ago IST
The demands for Indian defence equipment have increased following Operation Sindoor, said Union Defence Minister Rajnath Singh on Monday, noting that the world military expenditure has increased to over $2.7 trillion in 2024, and a big market is awaiting India.
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India strongly opposes ADB financing to Pakistan, citing fund misuse conce
Updated : 12 months ago IST
India has vehemently opposed any Asian Development Bank financing support to Pakistan, raising serious concerns about potential misuse of development funds for military expenditure and questioning Pakistan's commitment to economic reforms.
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Global military spending soars to USD 2.7 trillion in 2024; Russia, US, Ch
Updated : 1 year, 1 month ago IST
World military expenditure reached USD 2718 billion in 2024, an increase of 9.4 per cent in real terms from 2023 and the steepest year-on-year rise since at least the end of the Cold War, according to new data by the Stockholm International Peace Research Institute (SIPRI).
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China defence spending conceals more than it reveals: Report
Updated : 3 years, 2 months ago IST
China is expected to increase defence spending this year by 7.2 per cent to USD 225, according to a draft released by the Ministry of Finance, China on Sunday
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World military expenditure surpasses USD 2tn; US, China, India top spender
Updated : 4 years, 1 month ago IST
Stockholm [Sweden], April 25 (ANI): World military expenditure reached an all-time high of USD 2.1 trillion in 2021, the Stockholm International Peace Research Institute (SIPRI) said on Monday, adding that the top three largest spenders were the United States, China and India.
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Canada to increase military expenditures by USD 6.4bn in next 5 years
Updated : 4 years, 1 month ago IST
Toronto [Canada], April 8 (ANI): Canada intends to increase military spending by some USD 6.4 billion (CAD 8 billion) over the next five years, the Department of Finance announced in the Federal Budget.
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Cash strapped Pakistan forced to acquire second-hand Dutch minehunters
Updated : 4 years, 5 months ago IST
Islamabad [Pakistan], December 20 (ANI): Dutch government has agreed to sell its two retired second-hand Royal Netherlands Navy Tripartite Class Minehunters to Pakistan, a move that confirms that military expenditure of the country is still insufficient due to the worsening economy that grea
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Trump warns NATO allies to hike military expenditure
Updated : 7 years, 11 months ago IST
Washington D. C. [USA], July 04 (ANI): United States President Donald Trump has written to several allies to increase its defence expenditure as NATO partners while threatening to reduce the US military's presence in Europe if they fail to do so.
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India among top 5 military spenders
Updated : 8 years, 1 month ago IST
Stockholm [Sweden], May 3 (ANI): India has emerged as one of the five biggest military spenders in 2017, a report by Stockholm International Peace Research Institute (SIPRI) found.
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