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DEFENCE BUDGET 2022
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...
Ukraine is hitting oil facilities deep inside Russia. Soaring fuel prices could blunt impactUkrainian drones are hitting Russian oil facilities deep inside the country. These attacks aim to cut funding for the war. While the econom...
Dubai plotting a comeback as Iran war hammers its hottest marketReal estate activity in Dubai has dropped sharply after geopolitical tensions involving the US and Iran affected investor sentiment, accord...
What made Putin sell 22,000 kg gold from Russia this year?Russia’s central bank has sold 21.8 tonnes or 22,000 kilograms of gold so far in 2026 to help fund the country’s widening budget deficit, w...
Gulf storm: India should be evaluated as a strategic locational hedge for co-sharing GCC data centre infraRecent attacks on cloud data centers in West Asia highlight a new geopolitical risk. Hyperscale providers are now reassessing their global ...
Defence Budget 2024 Comparison: How India's defence allocation for armed forces stack up against China and PakistanDefence Budget 2024 Comparison: India's defence budget for FY 2024-25 has been raised to ₹6.21 lakh crore (US $75 billion), up from ₹5.94 l...
From Galwan to 2024: How India's defence budget reflects strategic changesDefence Budget Expectations: India's defence budget from 2020 to 2024 reflects strategic recalibrations, geopolitical shifts, and economic ...
Defence Budget of India 2023: India’s defence sector gets Rs 5.94 lakh crore for 2023-24According to 2023-24 budget documents, an allocation of Rs 2,70,120 crore has been made for revenue expenditure that includes expenses on p...
Pakistan Army says defence budget for 2022-23 decreases from 2.8% of the GDP to 2.2%In an interview to Dunya News TV, army spokesperson Major General Babar Iftikhar said people often talk about the defence budget but "withi...
Key drivers for ‘Aatmanirbhar’ Defence Sector in IndiaTo achieve the desired growth, the two main cornerstones will be indigenisation and self-reliance in defence manufacturing.
True self reliance in Defence possible only when we have technology of our own, says Defence SecretaryIn a continued effort to reduce imports and promote self-reliance in equipment for the Armed Forces, 25 percent of the allocation for Defen...
25% of Defence R&D budget earmarked for industry, startups, academia: Rajnath SinghPrime Minister Narendra Modi while addressing a webinar on 'Aatmanirbharta in Defence - Call to Action', said that the Union Budget is a bl...
Budget brings much-needed cheer, new paradigm in defence R&DDefence research has always been dominated by the Defence Research and Development Organisation (DRDO). Its performance has been a mix of i...
Nirmala Sitharaman allocates Rs 5.25 lakh crore for defence in BudgetA total of Rs 1,52,369 crore has been set aside for capital expenditure that includes purchasing new arms, fighter jets, warships and other...
25% R&D budget reserved for private industry in defence manufacturingMajor incentives for the Indian defence manufacturing industry in the Budget includes reserving 68% capex acquisition budget for weapons pu...
Big impetus for private defence industry, 25 % R&D budget reservedAnnouncing several measure aimed at boosting the Indian defence manufacturing sector, the minister said that this year 68 percent of the ca...
View: How the Budget can add more firepower to India's defence manufacturingWhile the Government has taken a number of constructive measures to actualise its dream of an ‘Aatma-nirbhar Bharat’, a lot still needs to ...