The armed forces have sought an allocation of Rs 26.84 lakh crore over the next five years to ensure the necessary military modernisation and maintenance
Pakistan's proposed increase in the defence outlay and for its armed forces came as tension with India soared over a host of contentious issues.
A total of 48 military aircraft and 21 helicopters were lost to crashes since 2011 in which 79 people were killed, the government told Lok Sabha today
The Committee said in its report that the Finance ministry must consider an increase in outlay for modernisation of the services
Contrary to expectations that China will announce a double-digit rise in its defence budget for 2017, Beijing is set to increase military spending by 7 per cent, its lowest increase in over two decades.
The Indian Air Force (IAF) has been allocated the lion’s share of the Rs 86,488.01 crore capital outlay, earmarked by Finance Minister Arun Jaitley for modernisation and acquisition plans of India’s armed forces.
Experts believe that the paltry hike in the defence budget has dashed hopes of any major step towards military modernisation this year despite heightened tensions with Pakistan and the increasing military capabilities of China.
Union Finance Minister Arun Jaitley today increased the defence expenditure of the country to Rs 2,74,114 crore excluding pensions for Financial Year 2017-18.
With about Rs 34,000 crore (USD 50.7 billion) spent this year on defence, India has entered into the list of world's top five defence spenders, overtaking Saudi Arabia and Russia, according to a new report released today.
New Delhi: In a surprising move, Finance Minister Arun Jaitley did not mention allocation to defence sector in his budget speech delivered in Lok Sabha on Monday. Skipping ‘defence' in budget speech is somewhat unprecedented and
Kumar Vishwas denies allegations of 'illicit relationship', says the complainant calls him 'bhaiya'AAP leader Kumar Vishwas today said that the rumours of his illicit relationship with an Aam Aadmi Party volunteer were being spread by
Beijing: Notwithstanding its slowing economy, China today hiked its defence budget by 10.1 per cent, postinga double-digit annual increase in its proposed militaryspending for the fifth year in a row.Amounting to USD 142.2 billion, China's
Washington: India's annual defence budget is just one-third of that of China despite the tensions that remain along their shared border, according to a Pentagon report.The official annual defence budget of China in the year
Beijing : China today announced a 12.2 per cent increase in its defence budget taking the military spending for this year to USD 132 billion, far above India's USD 36 billion.China plans to raise its
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