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2023 DEFENCE SPENDING
US-Iran peace deal: Is it enough to end the 2-year drought for Nifty bulls, bring FIIs back?A US-Iran peace framework has sparked a sharp rally in Indian markets, sending crude oil prices lower, strengthening the rupee and promptin...
Pakistan budget raises defence spending, squeezes development to meet IMF goalsFinance Minister Muhammad Aurangzeb told parliament the government would allocate 3 trillion rupees for defence in the fiscal year starting...
ET Prime Special Series: Multibagger or IBC - Part 59: Japan taught it. Tata bought it. Now EVs will test this auto ancillaryThis is a story about a company that is simultaneously an asset and an anomaly. An asset because it builds a tangible, necessary product, g...
War, debt and cuts: The price of Israel's security pushIsrael faces a steep economic challenge. A massive defence budget, driven by ongoing conflicts and Netanyahu's vision for a militarised nat...
UK PM Keir Starmer warns Russia could attack NATO within four yearsRussia could attack a NATO country within four years according to western intelligence assessments, UK Prime Minister Keir Starmer warned o...
EU to unveil plan to wean itself off US, Asia techThe EU will set out on Wednesday how the 27-country bloc hopes to slash its dependence on American and Asian technology, and favour Europea...
French AI firm Mistral announces deals with BMW, AirbusFrench AI company Mistral is forging new alliances with automotive giant BMW and aerospace leader Airbus. These collaborations aim to expan...
Why foreign investors are exiting Nifty giants to hunt in India's small and midcap marketForeign institutional investors are shifting their focus from India's top blue-chip stocks to a wider array of mid- and small-cap companies...
Arsenal end 22-year Premier League title drought after Manchester City drop points against BournemouthPipped to a Champions League place by arch-rivals Tottenham on the final day of the 2021/22 campaign, it seemed unlikely to many Arsenal fa...
Parliamentary Panels flag ministries’ budget gaps: Funds cut at RE stage, still unspentParliamentary committees have flagged a consistent trend of central ministries failing to spend allocated budgets, leading to significant f...
Guns, drones & algos: War gets smarter, faster & uncomfortably less humanArtificial intelligence is revolutionizing global warfare. Nations are significantly increasing AI spending for defense. This technology en...
China teases new aircraft carrier in video, vows to build up islandsChina has revealed a video hinting at a new nuclear-powered aircraft carrier. The nation also plans to strengthen its island infrastructure...
Glade Brook in talks to join Sarvam’s funding; AI startup may hit $1.5 billion valuationUS-based Glade Brook Capital is in discussions to invest $20-25 million in Sarvam AI's $320-350 million funding round, valuing the AI start...
Donald Trump jitters push US allies toward Japan’s most significant military shift since World War IIJapan is set to ease its strict arms export rules. This move is attracting significant interest from countries like Poland and the Philippi...
Israel using AI to fine-tune air raid alert systemDuring the war in the Gaza Strip and two wars with Iran in the space of a year, Israel has used artificial intelligence to fine-tune its mi...
Ukraine approves increase in 2023 defence spendingUkraine's parliament has approved an increase in defence spending of 303 billion hryvnia ($8.28 billion) for the remainder of the year. Thi...
India vs China: A tale of two defence budgetsFor any analysis of China's military spending, it's in order to begin with a disclaimer — the numbers issued by the Chinese government are ...
China hikes defence budget for 8th consecutive year with 7.2 per cent increase to USD 225 billionLast year, in dollar terms China's defence spending to modernise the People's Liberation Army (PLA) amounted to USD 230 billion. This is fo...
India to spend 75 pc of defence capital outlay for procurement from domestic firms: Rajnath SinghSingh made the announcement at an event where several agreements and technology transfer agreements were firmed up among large number of de...
Greed feeds instability around EurasiaOver the next five years, as Germany, Japan and India look at scaling up firepower, arms factories will be working overtime to meet demands...