Wed, Aug 28, 2024
Polish Prime Minister Donald Tusk has announced that the 2025 state budget will allocate a record 186 billion zlotys (USD 48.5 billion) for defence, reflecting a significant increase from 2024 spending. The budget, described as “generous” by Tusk, aims to enhance national security.
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Tue, Jul 23, 2024
This substantial allocation represents 12.9% of the total government budget for 2024-25. Defence Minister Rajnath Singh highlighted that Rs 1,05,518 crore of this budget is dedicated to domestic capital procurement, aiming to boost self-reliance in the defence sector, known as 'Atmanirbharta'.
Wed, Sep 20, 2023
HAL will get order for 100 Tejas fighter jets, HAL will make Tejas fighter jets for Air Force, deal worth ₹ 80,000 Cr possible for 100 Tejas fighter jets: Sources
Tue, Mar 28, 2023
Stating that the country is now the fifth largest economy, he cited a report by Morgan Stanley that by 2027 India could be in the top three economies of the world.
Sun, Mar 05, 2023
China last year pegged its defence budget at 1.45 trillion yuan, a 7.1 per cent increase. This year the defence spending is increased to 1.55 trillion yuan.
Wed, Feb 01, 2017
While some in the defence industry welcomed the hike in the allocation, there were others that felt that this was not enough considering the government wants to keep India on the top in terms of defence.
Sat, Dec 24, 2016
US President Barack Obama has signed into law the $618 billion (nearly Rs 41,11,399.5 crore) defence budget for 2017, which enhances security cooperation with India and conditions nearly half of the funding to Pakistan on a certification that it is taking demonstrable steps against the Haqqani Ne
Mon, Dec 12, 2016
The total budget of top 20 countries in 2015 was $13,22,341 million.
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